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.

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