Insider Trading Alert - SCTY, DORM And PENN 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:

SolarCity (SCTY) - FREE Research Report

Rive Lyndon R, who is Chief Executive Officer at SolarCity, sold 160,000 shares at $52.25 on April 29, 2014. Following this transaction, the Chief Executive Officer owned 1.9 million shares meaning that the stake was reduced by 7.77% with the 160,000-share transaction.

The shares most recently traded at $52.90, up $0.65, or 1.22% since the insider transaction. Historical insider transactions for SolarCity go as follows:

  • 4-Week # shares bought: 107,434
  • 4-Week # shares sold: 40,000
  • 12-Week # shares bought: 107,434
  • 12-Week # shares sold: 40,000
  • 24-Week # shares bought: 107,434
  • 24-Week # shares sold: 40,000

The average volume for SolarCity has been 5.1 million shares per day over the past 30 days. SolarCity has a market cap of $5.4 billion and is part of the technology sector and electronics industry. Shares are down 2.5% year-to-date as of the close of trading on Friday.

SolarCity Corporation designs, installs, and sells or leases solar energy systems to residential and commercial customers, and government entities in the United States. Currently, there are 4 analysts who rate SolarCity a buy, no analysts rate it a sell, and 2 rate it a hold.

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

TheStreet Quant Ratings rates SolarCity as a sell. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow, poor profit margins, generally high debt management risk and feeble growth in its earnings per share. Get the full SolarCity 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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