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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:
Chung David H S, who is Director at Blucora, bought 6,000 shares at $17.40 on May 8, 2014. Following this transaction, the Director owned 17,250 shares meaning that the stake was increased by 53.33% with the 6,000-share transaction.
The shares most recently traded at $18.00, up $0.60, or 3.33% since the insider transaction. Historical insider transactions for Blucora go as follows:
- 4-Week # shares sold: 4,100
- 12-Week # shares sold: 4,100
- 24-Week # shares sold: 4,100
The average volume for Blucora has been 988,800 shares per day over the past 30 days. Blucora has a market cap of $721.3 million and is part of the technology sector and internet industry. Shares are down 38.68% year-to-date as of the close of trading on Thursday.
Blucora, Inc. operates a portfolio of Internet businesses in the Unites States and internationally. The company operates through three segments: Search, Tax Preparation, and E-Commerce. The company has a P/E ratio of 23.4. Currently, there are 3 analysts who rate Blucora a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Quant Ratings rates Blucora as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels, good cash flow from operations, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Blucora Ratings Report from TheStreet Quant Ratings now.