Insider Trading Alert - AVGO, SPR And CDNS 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, March 7, 2014, 162 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $252.67 to $79,694,022.59.

Highlighted Stocks Traded by Insiders:

Avago Technologies (AVGO) - FREE Research Report

Diller James who is Director at Avago Technologies sold 30,000 shares at $63.84 on March 7, 2014. Following this transaction, the Director owned 74,618 shares meaning that the stake was reduced by 28.68% with the 30,000-share transaction.

The shares most recently traded at $63.05, down $0.79, or 1.25% since the insider transaction. Historical insider transactions for Avago Technologies go as follows:

  • 12-Week # shares sold: 2,069
  • 24-Week # shares sold: 2,069

The average volume for Avago Technologies has been 2.2 million shares per day over the past 30 days. Avago Technologies has a market cap of $15.9 billion and is part of the technology sector and electronics industry. Shares are up 20.35% year-to-date as of the close of trading on Friday.

Avago Technologies Limited is engaged in the design, development, and supply of analog semiconductor devices with a focus on III-V based products. The stock currently has a dividend yield of 1.7%. The company has a P/E ratio of 26.7. Currently there are 10 analysts that rate Avago Technologies a buy, no analysts rate it a sell, and 5 rate it a hold.

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

TheStreet Quant Ratings rates Avago Technologies 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, solid stock price performance, good cash flow from operations 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 Avago Technologies Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Spirit AeroSystems Holdings (SPR) - FREE Research Report

Lammers Jon D. who is SVP, GC and Secretary at Spirit AeroSystems Holdings sold 1,800 shares at $28.94 on March 7, 2014. Following this transaction, the SVP, GC and Secretary owned 34,721 shares meaning that the stake was reduced by 4.93% with the 1,800-share transaction.

The shares most recently traded at $28.42, down $0.52, or 1.83% since the insider transaction. Historical insider transactions for Spirit AeroSystems Holdings go as follows:

  • 4-Week # shares sold: 9,152
  • 12-Week # shares sold: 9,152
  • 24-Week # shares sold: 9,152

The average volume for Spirit AeroSystems Holdings has been 1.7 million shares per day over the past 30 days. Spirit AeroSystems Holdings has a market cap of $3.4 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are down 16.17% year-to-date as of the close of trading on Friday.

Spirit AeroSystems Holdings, Inc., through its subsidiaries, operates as a non-original equipment manufacturer (OEM) that designs and manufactures commercial aerostructures worldwide. It operates in three segments: Fuselage Systems, Propulsion Systems, and Wing Systems. Currently there are 7 analysts that rate Spirit AeroSystems Holdings a buy, no analysts rate it a sell, and 7 rate it a hold.

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

TheStreet Quant Ratings rates Spirit AeroSystems Holdings as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full Spirit AeroSystems Holdings Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Cadence Design Systems (CDNS) - FREE Research Report

Beckley Thomas P who is Sr. VP of R&D at Cadence Design Systems sold 1,762 shares at $16.00 on March 7, 2014. Following this transaction, the Sr. VP of R&D owned 73,469 shares meaning that the stake was reduced by 2.34% with the 1,762-share transaction.

The shares most recently traded at $15.73, down $0.27, or 1.72% since the insider transaction. Historical insider transactions for Cadence Design Systems go as follows:

  • 4-Week # shares sold: 10,837
  • 12-Week # shares sold: 10,837
  • 24-Week # shares sold: 10,837

The average volume for Cadence Design Systems has been 3.1 million shares per day over the past 30 days. Cadence Design Systems has a market cap of $4.6 billion and is part of the technology sector and computer software & services industry. Shares are up 13.84% year-to-date as of the close of trading on Friday.

Cadence Design Systems, Inc. develops, sells or leases, and licenses electronic design automation (EDA) software, emulation hardware, verification intellectual property (VIP), and design intellectual property (design IP) for semiconductor and electronics systems companies worldwide. The company has a P/E ratio of 28.5. Currently there are 8 analysts that rate Cadence Design Systems a buy, no analysts rate it a sell, and none rate it a hold.

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

TheStreet Quant Ratings rates Cadence Design Systems as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Cadence Design Systems Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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