Insider Trading Alert - HITT, DPS And CVCY 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 29, 2014, 64 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $51.96 to $13,854,387.86.

Highlighted Stocks Traded by Insiders:

Hittite Microwave (HITT) - FREE Research Report

Lynch Jason, who is Managing Director at Hittite Microwave, sold 1,190 shares at $61.03 on April 29, 2014. Following this transaction, the Managing Director owned 9,107 shares meaning that the stake was reduced by 11.56% with the 1,190-share transaction.

The shares most recently traded at $61.46, up $0.43, or 0.7% since the insider transaction. Historical insider transactions for Hittite Microwave go as follows:

  • 4-Week # shares sold: 6,250
  • 12-Week # shares sold: 7,036
  • 24-Week # shares sold: 7,036

The average volume for Hittite Microwave has been 173,500 shares per day over the past 30 days. Hittite Microwave has a market cap of $2.0 billion and is part of the technology sector and electronics industry. Shares are down 0.36% year-to-date as of the close of trading on Friday.

Hittite Microwave Corporation designs, develops, and sells integrated circuits (ICs), modules, subsystems, and instrumentation products for radio frequency (RF) microwave and millimeterwave applications worldwide. The stock currently has a dividend yield of 0.94%. The company has a P/E ratio of 28.4. Currently, there are 4 analysts who rate Hittite Microwave a buy, no analysts rate it a sell, and none rate it a hold.

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

TheStreet Quant Ratings rates Hittite Microwave 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, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Hittite Microwave Ratings Report from TheStreet Quant Ratings now.

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