Insider Trading Alert - EQIX, SPLK And CHK 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 21, 2014, 95 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $237.64 to $58,561,295.00.

Highlighted Stocks Traded by Insiders:

Equinix (EQIX) - FREE Research Report

Spo Advisory Corp who is 10% Owner at Equinix bought 325,000 shares at $180.19 on March 21, 2014. Following this transaction, the 10% Owner owned 5.2 million shares meaning that the stake was reduced by 6.66% with the 325,000-share transaction.

The shares most recently traded at $180.34, up $0.15, or 0.08% since the insider transaction. Historical insider transactions for Equinix go as follows:

  • 4-Week # shares sold: 5,000
  • 12-Week # shares sold: 5,000
  • 24-Week # shares sold: 5,000

The average volume for Equinix has been 881,600 shares per day over the past 30 days. Equinix has a market cap of $8.9 billion and is part of the technology sector and internet industry. Shares are up 2.25% year-to-date as of the close of trading on Thursday.

Equinix, Inc. provides data center services to protect and connect the information assets for the enterprises, financial services companies, and content and network providers primarily in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company has a P/E ratio of 96.9. Currently there are 10 analysts that rate Equinix a buy, no analysts rate it a sell, and 3 rate it a hold.

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

TheStreet Quant Ratings rates Equinix as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Equinix 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.

Splunk (SPLK) - FREE Research Report

Neustaetter Thomas M who is Director at Splunk sold 1,500 shares at $88.38 on March 21, 2014. Following this transaction, the Director owned 59,603 shares meaning that the stake was reduced by 2.45% with the 1,500-share transaction.

The shares most recently traded at $84.78, down $3.60, or 4.25% since the insider transaction. Historical insider transactions for Splunk go as follows:

  • 4-Week # shares sold: 70,524
  • 12-Week # shares sold: 179,877
  • 24-Week # shares sold: 221,659

The average volume for Splunk has been 1.7 million shares per day over the past 30 days. Splunk has a market cap of $9.9 billion and is part of the technology sector and computer software & services industry. Shares are up 28.08% year-to-date as of the close of trading on Thursday.

Splunk, Inc. provides software solutions that provide real-time operational intelligence. Currently there are 13 analysts that rate Splunk a buy, 1 analyst rates it a sell, and 6 rate it a hold.

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

TheStreet Quant Ratings rates Splunk as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income and feeble growth in its earnings per share. Get the full Splunk 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.

Chesapeake Energy (CHK) - FREE Research Report

Dunham Archie W who is Director at Chesapeake Energy bought 54,250 shares at $24.97 on March 21, 2014. Following this transaction, the Director owned 1.1 million shares meaning that the stake was reduced by 5.13% with the 54,250-share transaction.

The shares most recently traded at $24.67, down $0.30, or 1.22% since the insider transaction. Historical insider transactions for Chesapeake Energy go as follows:

  • 4-Week # shares bought: 10,000
  • 4-Week # shares sold: 12,500
  • 12-Week # shares bought: 10,000
  • 12-Week # shares sold: 12,500
  • 24-Week # shares bought: 16,000
  • 24-Week # shares sold: 12,500

The average volume for Chesapeake Energy has been 9.7 million shares per day over the past 30 days. Chesapeake Energy has a market cap of $16.4 billion and is part of the basic materials sector and energy industry. Shares are down 9.1% year-to-date as of the close of trading on Thursday.

Chesapeake Energy Corporation is engaged in the acquisition, exploration, and development of properties for the production of natural gas, oil, and natural gas liquids (NGL) from underground reservoirs in the United States. The stock currently has a dividend yield of 1.4%. The company has a P/E ratio of 34.2. Currently there are 5 analysts that rate Chesapeake Energy a buy, 1 analyst rates it a sell, and 19 rate it a hold.

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

TheStreet Quant Ratings rates Chesapeake Energy as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and generally higher debt management risk. Get the full Chesapeake Energy 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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