Insider Trading Alert - DO, SAVE And BAS 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 13, 2014, 133 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $83.06 to $209,607,265.20.

Highlighted Stocks Traded by Insiders:

Diamond Offshore Drilling (DO) - FREE Research Report

Gaffney Paul G who is Director at Diamond Offshore Drilling bought 2,000 shares at $48.00 on March 13, 2014. Following this transaction, the Director owned 4,000 shares meaning that the stake was reduced by 100% with the 2,000-share transaction.

The shares most recently traded at $47.92, down $0.08, or 0.17% since the insider transaction. Historical insider transactions for Diamond Offshore Drilling go as follows:

  • 4-Week # shares bought: 3,000
  • 12-Week # shares bought: 3,000
  • 24-Week # shares bought: 4,000

The average volume for Diamond Offshore Drilling has been 1.9 million shares per day over the past 30 days. Diamond Offshore Drilling has a market cap of $6.7 billion and is part of the basic materials sector and energy industry. Shares are down 15.74% year-to-date as of the close of trading on Friday.

Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry world wide. The company provides drilling services in ultra-deepwater, deepwater, and mid-water; and non-floater or jack-up markets. The stock currently has a dividend yield of 1.04%. The company has a P/E ratio of 12.1. Currently there are 2 analysts that rate Diamond Offshore Drilling a buy, 7 analysts rate it a sell, and 9 rate it a hold.

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

TheStreet Quant Ratings rates Diamond Offshore Drilling as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. 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 Diamond Offshore Drilling 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 Airlines (SAVE) - FREE Research Report

Miranda Edmundo who is Vice President, Controller at Spirit Airlines sold 4,197 shares at $59.62 on March 13, 2014. Following this transaction, the Vice President, Controller owned 25,317 shares meaning that the stake was reduced by 14.22% with the 4,197-share transaction.

The shares most recently traded at $59.65, up $0.03, or 0.05% since the insider transaction. Historical insider transactions for Spirit Airlines go as follows:

  • 4-Week # shares sold: 6,000
  • 12-Week # shares sold: 6,000
  • 24-Week # shares sold: 6,000

The average volume for Spirit Airlines has been 845,300 shares per day over the past 30 days. Spirit Airlines has a market cap of $4.2 billion and is part of the services sector and transportation industry. Shares are up 28.28% year-to-date as of the close of trading on Friday.

Spirit Airlines, Inc. provides low-fare airline services. It operates approximately 250 daily flights to 50 destinations in the United States, Caribbean, and Latin America. The company has a P/E ratio of 24.1. Currently there are 7 analysts that rate Spirit Airlines a buy, no analysts rate it a sell, and none rate it a hold.

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

TheStreet Quant Ratings rates Spirit Airlines 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, impressive record of earnings per share growth, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Spirit Airlines 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.

Basic Energy Services (BAS) - FREE Research Report

Garza Antonio O who is Director at Basic Energy Services sold 18,000 shares at $23.11 on March 13, 2014. Following this transaction, the Director owned 41,500 shares meaning that the stake was reduced by 30.25% with the 18,000-share transaction.

The shares most recently traded at $23.80, up $0.69, or 2.9% since the insider transaction. Historical insider transactions for Basic Energy Services go as follows:

  • 4-Week # shares sold: 185,006
  • 12-Week # shares sold: 212,976
  • 24-Week # shares bought: 15,800
  • 24-Week # shares sold: 249,152

The average volume for Basic Energy Services has been 1.1 million shares per day over the past 30 days. Basic Energy Services has a market cap of $990.0 million and is part of the basic materials sector and energy industry. Shares are up 47.59% year-to-date as of the close of trading on Friday.

Basic Energy Services, Inc. provides well site services to oil and natural gas drilling and producing companies in the United States. Currently there are 3 analysts that rate Basic Energy Services a buy, 2 analysts rate it a sell, and 6 rate it a hold.

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

TheStreet Quant Ratings rates Basic Energy Services as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and disappointing return on equity. Get the full Basic Energy Services 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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