Insider Trading Alert - BID, FMER And GEVA 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:

Sothebys (BID) - FREE Research Report

Dodge Steven B who is Director at Sothebys bought 194 shares at $39.70 on March 7, 2014. Following this transaction, the Director owned 26,791 shares meaning that the stake was reduced by 0.73% with the 194-share transaction.

The shares most recently traded at $48.17, up $8.47, or 17.58% since the insider transaction. Historical insider transactions for Sothebys go as follows:

  • 4-Week # shares bought: 2,000
  • 4-Week # shares sold: 211
  • 12-Week # shares bought: 2,000
  • 12-Week # shares sold: 211
  • 24-Week # shares bought: 2,000
  • 24-Week # shares sold: 211

The average volume for Sothebys has been 1.3 million shares per day over the past 30 days. Sothebys has a market cap of $3.2 billion and is part of the services sector and specialty retail industry. Shares are down 11.79% year-to-date as of the close of trading on Friday.

Sotheby's operates as an auctioneer of authenticated fine art, decorative art, and jewelry. The company operates in three segments: Auction, Finance, and Dealer. The stock currently has a dividend yield of 0.85%. The company has a P/E ratio of 25.0. Currently there are 2 analysts that rate Sothebys a buy, 1 analyst rates it a sell, and 1 rates it a hold.

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

TheStreet Quant Ratings rates Sothebys as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Sothebys 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.

If you liked this article you might like

Here Is What Activist Funds Are Saying About Tesla's Board Shake Up

Sotheby's Sets Record For Most Expensive Earrings

Sotheby's, Christie's, Phillips Set for Billion Dollar Week

Wall Street Dissects What Trump's Comey Firing Means for Agenda, Disney Drags on Dow