Insider Trading Alert - SNI, CMLP And SSI 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 24, 2014, 82 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $820.00 to $144,690,560.42.

Highlighted Stocks Traded by Insiders:

Scripps Networks Interactive (SNI) - FREE Research Report

McCabe Molly E who is 10% Owner at Scripps Networks Interactive sold 68,518 shares at $77.54 on March 24, 2014. Following this transaction, the 10% Owner owned 108,417 shares meaning that the stake was reduced by 38.73% with the 68,518-share transaction.

Tagliaferri Megan Scripps who is 10% Owner at Scripps Networks Interactive sold 68,517 shares at $77.54 on March 24, 2014. Following this transaction, the 10% Owner owned 150,737 shares meaning that the stake was reduced by 31.25% with the 68,517-share transaction.

The shares most recently traded at $74.93, down $2.61, or 3.48% since the insider transaction. Historical insider transactions for Scripps Networks Interactive go as follows:

  • 4-Week # shares sold: 1.5 million
  • 12-Week # shares sold: 1.8 million
  • 24-Week # shares sold: 1.8 million

The average volume for Scripps Networks Interactive has been 878,500 shares per day over the past 30 days. Scripps Networks Interactive has a market cap of $8.3 billion and is part of the services sector and media industry. Shares are down 13.1% year-to-date as of the close of trading on Monday.

Scripps Networks Interactive, Inc. develops lifestyle-oriented content for television and the Internet markets in the United States and internationally. It delivers content that focuses on specifically defined topics of interest for audiences and advertisers. The stock currently has a dividend yield of 1%. The company has a P/E ratio of 23.4. Currently there are 5 analysts that rate Scripps Networks Interactive a buy, 1 analyst rates it a sell, and 9 rate it a hold.

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

TheStreet Quant Ratings rates Scripps Networks Interactive as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Scripps Networks Interactive Ratings Report from TheStreet Quant Ratings now.

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