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, April 8, 2014, 48 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $150.00 to $9,683,280.00. Highlighted Stocks Traded by Insiders: Portfolio Recovery Associates (PRAA) - FREE Research Report Petit Michael J who is President -Bankruptcy Services at Portfolio Recovery Associates sold 5,000 shares at $58.98 on April 8, 2014. Following this transaction, the President -Bankruptcy Services owned 105,750 shares meaning that the stake was reduced by 4.51% with the 5,000-share transaction. The shares most recently traded at $57.85, down $1.13, or 1.95% since the insider transaction. Historical insider transactions for Portfolio Recovery Associates go as follows:
4-Week # shares sold: 33,000
12-Week # shares sold: 105,096
24-Week # shares sold: 134,132
The average volume for Portfolio Recovery Associates has been 568,300 shares per day over the past 30 days. Portfolio Recovery Associates has a market cap of $2.9 billion and is part of the services sector and diversified services industry. Shares are up 8.82% year-to-date as of the close of trading on Tuesday. Portfolio Recovery Associates, Inc., a financial and business service company, is engaged in the purchase, collection, and management of portfolios of defaulted consumer receivables in the United States and the United Kingdom. The company has a P/E ratio of 16.8. Currently there are 4 analysts that rate Portfolio Recovery Associates a buy, no analysts rate it a sell, and 2 rate it a hold. Exclusive Offer: Get the latest Stock Analysis on PRAA - FREETheStreet Quant Ratings rates Portfolio Recovery Associates 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, solid stock price performance, impressive record of earnings per share growth and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Portfolio Recovery Associates 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.