Insider Trading Alert - BRCD, AKRX And CSOD 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 19, 2014, 107 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $699.00 to $189,034,125.00.

Highlighted Stocks Traded by Insiders:

Brocade Communications Systems (BRCD) - FREE Research Report

Cheng Ken who is CTO & VP Corporate Development at Brocade Communications Systems sold 15,000 shares at $10.04 on March 19, 2014. Following this transaction, the CTO & VP Corporate Development owned 295,727 shares meaning that the stake was reduced by 4.83% with the 15,000-share transaction.

The shares most recently traded at $10.37, up $0.33, or 3.22% since the insider transaction. Historical insider transactions for Brocade Communications Systems go as follows:

  • 12-Week # shares sold: 7,175
  • 24-Week # shares sold: 7,175

The average volume for Brocade Communications Systems has been 5.4 million shares per day over the past 30 days. Brocade Communications Systems has a market cap of $4.4 billion and is part of the technology sector and computer hardware industry. Shares are up 13.25% year-to-date as of the close of trading on Wednesday.

Brocade Communications Systems, Inc. provides Internet protocol based networking solutions and storage area networking (SAN) solutions to businesses and organizations worldwide. The company has a P/E ratio of 14.8. Currently there are 4 analysts that rate Brocade Communications Systems a buy, 1 analyst rates it a sell, and 10 rate it a hold.

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

TheStreet Quant Ratings rates Brocade Communications Systems as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Brocade Communications 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.

Akorn (AKRX) - FREE Research Report

Abramowitz Kenneth who is Director at Akorn sold 4,500 shares at $23.68 on March 19, 2014. Following this transaction, the Director owned 9,930 shares meaning that the stake was reduced by 31.19% with the 4,500-share transaction.

The shares most recently traded at $24.01, up $0.33, or 1.37% since the insider transaction. Historical insider transactions for Akorn go as follows:

  • 4-Week # shares sold: 20,000
  • 12-Week # shares sold: 20,000
  • 24-Week # shares sold: 25,000

The average volume for Akorn has been 930,000 shares per day over the past 30 days. Akorn has a market cap of $2.3 billion and is part of the health care sector and drugs industry. Shares are down 2.64% year-to-date as of the close of trading on Wednesday.

Akorn, Inc. manufactures and markets diagnostic and therapeutic ophthalmic pharmaceuticals products, hospital drugs, and injectable pharmaceuticals in the United States and internationally. The company has a P/E ratio of 52.1. Currently there are 5 analysts that rate Akorn a buy, no analysts rate it a sell, and 1 rates it a hold.

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

TheStreet Quant Ratings rates Akorn 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, compelling growth in net income and good cash flow from operations. 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 Akorn 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.

Cornerstone OnDemand (CSOD) - FREE Research Report

Belliveau Vincent who is SVP and GM of EMEA at Cornerstone OnDemand sold 50,000 shares at $56.13 on March 19, 2014. Following this transaction, the SVP and GM of EMEA owned 85,545 shares meaning that the stake was reduced by 36.89% with the 50,000-share transaction.

The shares most recently traded at $56.97, up $0.84, or 1.47% since the insider transaction. Historical insider transactions for Cornerstone OnDemand go as follows:

  • 4-Week # shares bought: 1,000
  • 4-Week # shares sold: 90,400
  • 12-Week # shares bought: 1,000
  • 12-Week # shares sold: 146,600
  • 24-Week # shares bought: 1,000
  • 24-Week # shares sold: 268,400

The average volume for Cornerstone OnDemand has been 501,800 shares per day over the past 30 days. Cornerstone OnDemand has a market cap of $3.0 billion and is part of the technology sector and computer software & services industry. Shares are up 8.04% year-to-date as of the close of trading on Wednesday.

Cornerstone OnDemand, Inc. provides cloud-based talent management solutions delivered as software-as-a-service. It offers four integrated clouds for recruiting, learning management, performance management, and extended enterprise. Currently there are 5 analysts that rate Cornerstone OnDemand a buy, no analysts rate it a sell, and 1 rates it a hold.

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

TheStreet Quant Ratings rates Cornerstone OnDemand as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, generally high debt management risk and feeble growth in its earnings per share. Get the full Cornerstone OnDemand 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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