Insider Trading Alert - OMI, PSX And HCA 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, May 8, 2014, 131 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $460.00 to $19,915,560.00.

Highlighted Stocks Traded by Insiders:

Owens & Minor (OMI) - FREE Research Report

Meier Richard A, who is EVP, Chief Financial Officer at Owens & Minor, bought 2,500 shares at $32.50 on May 8, 2014. Following this transaction, the EVP, Chief Financial Officer owned 40,566 shares meaning that the stake was reduced by 6.57% with the 2,500-share transaction.

The shares most recently traded at $33.03, up $0.53, or 1.6% since the insider transaction. Historical insider transactions for Owens & Minor go as follows:

  • 4-Week # shares bought: 2,500
  • 4-Week # shares sold: 2,545
  • 12-Week # shares bought: 2,500
  • 12-Week # shares sold: 2,545
  • 24-Week # shares bought: 2,500
  • 24-Week # shares sold: 45,785

The average volume for Owens & Minor has been 506,200 shares per day over the past 30 days. Owens & Minor has a market cap of $2.0 billion and is part of the services sector and wholesale industry. Shares are down 10.86% year-to-date as of the close of trading on Thursday.

Owens & Minor, Inc., together with its subsidiaries, operates as a healthcare logistics company. The company offers supply chain assistance to the providers of healthcare services; and the manufacturers of healthcare products, supplies, and devices. The stock currently has a dividend yield of 3.09%. The company has a P/E ratio of 18.4. Currently, there are no analysts who rate Owens & Minor a buy, 2 analysts rate it a sell, and 3 rate it a hold.

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

TheStreet Quant Ratings rates Owens & Minor as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Owens & Minor Ratings Report from TheStreet Quant Ratings now.

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