Insider Trading Alert - PRAA, SM And IPGP Traded By Insiders

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Friday, Feb. 21, 2014, 123 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $98.40 to $9,872,759.00.

Highlighted Stocks Traded by Insiders:

Portfolio Recovery Associates (PRAA) - FREE Research Report

Fredrickson Steven D who is President, CEO, Chairman at Portfolio Recovery Associates sold 4,100 shares at $56.63 on Feb. 21, 2014. Following this transaction, the President, CEO, Chairman owned 219,069 shares meaning that the stake was reduced by 1.84% with the 4,100-share transaction.

The shares most recently traded at $57.18, up $0.55, or 0.96% since the insider transaction. Historical insider transactions for Portfolio Recovery Associates go as follows:

  • 4-Week # shares sold: 10,900
  • 12-Week # shares sold: 10,900
  • 24-Week # shares sold: 39,936

The average volume for Portfolio Recovery Associates has been 569,500 shares per day over the past 30 days. Portfolio Recovery Associates has a market cap of $3.0 billion and is part of the services sector and diversified services industry. Shares are up 12.41% year-to-date as of the close of trading on Friday.

Portfolio Recovery Associates, Inc., a financial and business service company, engages in the purchase, collection, and management of portfolios of defaulted consumer receivables in the United States and the United Kingdom. The company has a P/E ratio of 17.2. Currently there are 4 analysts that rate Portfolio Recovery Associates a buy, no analysts rate it a sell, and 2 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on PRAA - FREE

TheStreet Quant Ratings rates Portfolio Recovery Associates as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Portfolio Recovery Associates Ratings Report from TheStreet Quant Ratings now.

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