Insider Trading Alert - BHI, SATS 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.

Yesterday, March 3, 2014, 139 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $1,308.00 to $197,500,000.00.

Highlighted Stocks Traded by Insiders:

Baker Hughes (BHI) - FREE Research Report

Ragauss Peter A who is Sr. Vice President and CFO at Baker Hughes sold 10,000 shares at $61.95 on March 3, 2014. Following this transaction, the Sr. Vice President and CFO owned 110,476 shares meaning that the stake was reduced by 8.3% with the 10,000-share transaction.

The shares most recently traded at $63.70, up $1.75, or 2.75% since the insider transaction. Historical insider transactions for Baker Hughes go as follows:

  • 4-Week # shares sold: 2,700
  • 12-Week # shares sold: 18,288
  • 24-Week # shares sold: 18,288

The average volume for Baker Hughes has been 4.7 million shares per day over the past 30 days. Baker Hughes has a market cap of $27.7 billion and is part of the basic materials sector and energy industry. Shares are up 14.39% year-to-date as of the close of trading on Monday.

Baker Hughes Incorporated supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide. The stock currently has a dividend yield of 0.95%. The company has a P/E ratio of 25.6. Currently there are 16 analysts that rate Baker Hughes a buy, no analysts rate it a sell, and 10 rate it a hold.

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

TheStreet Quant Ratings rates Baker Hughes as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Baker Hughes Ratings Report from TheStreet Quant Ratings now.

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