Insider Trading Alert - NEM 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 27, 2014, 82 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $104.25 to $77,752,248.30.

Highlighted Stocks Traded by Insiders:

Newmont Mining Corporation (NEM) - FREE Research Report

Robison Chris J who is EVP, Operations and Projects at Newmont Mining Corporation bought 4,494 shares at $23.57 on March 27, 2014. Following this transaction, the EVP, Operations and Projects owned 24,504 shares meaning that the stake was reduced by 22.46% with the 4,494-share transaction.

The shares most recently traded at $23.26, down $0.31, or 1.32% since the insider transaction. Historical insider transactions for Newmont Mining Corporation go as follows:

  • 4-Week # shares sold: 2,692
  • 12-Week # shares sold: 2,692
  • 24-Week # shares sold: 6,598

The average volume for Newmont Mining Corporation has been 10.6 million shares per day over the past 30 days. Newmont Mining Corporation has a market cap of $11.5 billion and is part of the basic materials sector and metals & mining industry. Shares are down 0.39% year-to-date as of the close of trading on Thursday.

Newmont Mining Corporation, together with its subsidiaries, acquires, explores for, and produces gold, copper, and silver deposits. The company's assets or operations are located in the United States, Australia, Peru, Indonesia, Ghana, New Zealand, Mexico, and Suriname. The stock currently has a dividend yield of 2.37%. Currently there are 2 analysts that rate Newmont Mining Corporation a buy, 5 analysts rate it a sell, and 9 rate it a hold.

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

TheStreet Quant Ratings rates Newmont Mining Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Get the full Newmont Mining Corporation 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

Krenek Alan who is SVP, CFO, Secretary, Treasurer at Basic Energy Services sold 10,000 shares at $26.68 on March 27, 2014. Following this transaction, the SVP, CFO, Secretary, Treasurer owned 169,998 shares meaning that the stake was reduced by 5.56% with the 10,000-share transaction.

Tyner James E who is VP - Human Resources at Basic Energy Services sold 18,311 shares at $26.94 on March 27, 2014. Following this transaction, the VP - Human Resources owned 64,195 shares meaning that the stake was reduced by 22.19% with the 18,311-share transaction.

Bissett John Cody who is VP, Controller and CAO at Basic Energy Services sold 2,000 shares at $27.00 on March 27, 2014. Following this transaction, the VP, Controller and CAO owned 52,025 shares meaning that the stake was reduced by 3.7% with the 2,000-share transaction.

The shares most recently traded at $26.94, down $0.06, or 0.22% since the insider transaction. Historical insider transactions for Basic Energy Services go as follows:

  • 4-Week # shares sold: 128,730
  • 12-Week # shares sold: 314,206
  • 24-Week # shares bought: 15,800
  • 24-Week # shares sold: 351,382

The average volume for Basic Energy Services has been 1.2 million shares per day over the past 30 days. Basic Energy Services has a market cap of $1.1 billion and is part of the basic materials sector and energy industry. Shares are up 71.04% year-to-date as of the close of trading on Thursday.

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 5 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 disappointing return on equity, weak operating cash flow and poor profit margins. 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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