Insider Trading Alert - MSM, TRGP And CMLP 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, April 14, 2014, 41 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $99.82 to $5,992,286.68.

Highlighted Stocks Traded by Insiders:

MSC Industrial Direct (MSM) - FREE Research Report

Jacobson Mitchell who is Director at MSC Industrial Direct sold 12,500 shares at $89.97 on April 14, 2014. Following this transaction, the Director owned 50,291 shares meaning that the stake was reduced by 19.91% with the 12,500-share transaction.

Jones Douglas E who is EVP, Global Supply Chain Ops at MSC Industrial Direct sold 2,125 shares at $90.05 on April 14, 2014. Following this transaction, the EVP, Global Supply Chain Ops owned 18,248 shares meaning that the stake was reduced by 10.43% with the 2,125-share transaction.

The shares most recently traded at $86.72, down $3.33, or 3.84% since the insider transaction. Historical insider transactions for MSC Industrial Direct go as follows:

  • 4-Week # shares sold: 20,000
  • 12-Week # shares sold: 20,753
  • 24-Week # shares sold: 81,616

The average volume for MSC Industrial Direct has been 462,400 shares per day over the past 30 days. MSC Industrial Direct has a market cap of $4.2 billion and is part of the services sector and wholesale industry. Shares are up 6.92% year-to-date as of the close of trading on Monday.

MSC Industrial Direct Co., Inc., together with its subsidiaries, markets and distributes metalworking, and maintenance, repair, and operations (MRO) supplies primarily in the United States. The stock currently has a dividend yield of 1.5%. The company has a P/E ratio of 24.0. Currently there are 6 analysts that rate MSC Industrial Direct a buy, no analysts rate it a sell, and 5 rate it a hold.

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

TheStreet Quant Ratings rates MSC Industrial Direct 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, expanding profit margins, good cash flow from operations 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 MSC Industrial Direct 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.

Targa Resources (TRGP) - FREE Research Report

Perkins Joe Bob who is Chief Executive Officer at Targa Resources sold 25,000 shares at $103.65 on April 14, 2014. Following this transaction, the Chief Executive Officer owned 382,370 shares meaning that the stake was reduced by 6.14% with the 25,000-share transaction.

The shares most recently traded at $105.25, up $1.60, or 1.52% since the insider transaction. Historical insider transactions for Targa Resources go as follows:

  • 4-Week # shares sold: 12,000
  • 12-Week # shares sold: 85,588
  • 24-Week # shares sold: 85,588

The average volume for Targa Resources has been 275,900 shares per day over the past 30 days. Targa Resources has a market cap of $4.4 billion and is part of the basic materials sector and energy industry. Shares are up 18.69% year-to-date as of the close of trading on Monday.

Targa Resources Corp., through its general and limited partner interests in Targa Resources Partners LP, provides midstream natural gas and natural gas liquid (NGL) services in the United States. The company operates in two divisions, Gathering and Processing, and Logistics and Marketing. The stock currently has a dividend yield of 2.49%. The company has a P/E ratio of 62.9. Currently there are 4 analysts that rate Targa Resources a buy, no analysts rate it a sell, and 7 rate it a hold.

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

TheStreet Quant Ratings rates Targa Resources as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, impressive record of earnings per share growth, compelling growth in net income and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Targa Resources 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.

Crestwood Midstream Partners (CMLP) - FREE Research Report

Sherman John J who is Director at Crestwood Midstream Partners sold 90,000 shares at $23.06 on April 14, 2014. Following this transaction, the Director owned 230,790 shares meaning that the stake was reduced by 28.06% with the 90,000-share transaction.

The shares most recently traded at $22.91, down $0.15, or 0.65% since the insider transaction. Historical insider transactions for Crestwood Midstream Partners go as follows:

  • 4-Week # shares bought: 10,000
  • 4-Week # shares sold: 3,627
  • 12-Week # shares bought: 10,000
  • 12-Week # shares sold: 3,627
  • 24-Week # shares bought: 20,000
  • 24-Week # shares sold: 3,627

The average volume for Crestwood Midstream Partners has been 963,500 shares per day over the past 30 days. Crestwood Midstream Partners has a market cap of $4.3 billion and is part of the basic materials sector and energy industry.

Crestwood Midstream Partners LP is engaged in the gathering, processing, treating, compression, storage, and transportation of natural gas; storage and transportation of natural gas liquids (NGLs); and gathering, storage, and terminalling of crude oil in the United States.

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

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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