Insider Trading Alert - BRCD, NUAN And MAN 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.

Yesterday, Feb. 27, 2014, 119 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $99.26 to $40,800,000.00.

Highlighted Stocks Traded by Insiders:

Brocade Communications Systems (BRCD) - FREE Research Report

Fairfax Daniel W who is CFO, VP of Finance at Brocade Communications Systems sold 25,000 shares at $9.59 on Feb. 27, 2014. Following this transaction, the CFO, VP of Finance owned 75,000 shares meaning that the stake was reduced by 25% with the 25,000-share transaction.

The shares most recently traded at $9.63, up $0.04, or 0.42% since the insider transaction. Historical insider transactions for Brocade Communications Systems go as follows:

  • 12-Week # shares sold: 7,175
  • 24-Week # shares sold: 7,175

The average volume for Brocade Communications Systems has been 5.0 million shares per day over the past 30 days. Brocade Communications Systems has a market cap of $4.3 billion and is part of the technology sector and computer hardware industry. Shares are up 9.53% year-to-date as of the close of trading on Thursday.

Brocade Communications Systems, Inc. provides Internet protocol based networking solutions and storage area networking (SAN) solutions to businesses and organizations worldwide. The company has a P/E ratio of 20.0. Currently there are 4 analysts that rate Brocade Communications Systems a buy, 1 analyst rates it a sell, and 11 rate it a hold.

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

TheStreet Quant Ratings rates Brocade Communications Systems as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Brocade Communications Systems Ratings Report from TheStreet Quant Ratings now.

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