Insider Trading Alert - CREE, TROX And APO 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 14, 2014, 169 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $109.00 to $76,434,960.75.

Highlighted Stocks Traded by Insiders:

Cree (CREE) - FREE Research Report

Replogle John B, who is Director at Cree, bought 1,250 shares at $46.29 on May 14, 2014. Following this transaction, the Director owned 6,794 shares meaning that the stake was reduced by 22.55% with the 1,250-share transaction.

The shares most recently traded at $44.95, down $1.34, or 2.98% since the insider transaction. Historical insider transactions for Cree go as follows:

  • 4-Week # shares sold: 25,000
  • 12-Week # shares sold: 57,500
  • 24-Week # shares sold: 90,000

The average volume for Cree has been 2.3 million shares per day over the past 30 days. Cree has a market cap of $5.6 billion and is part of the technology sector and electronics industry. Shares are down 27.05% year-to-date as of the close of trading on Wednesday.

Cree, Inc. develops, manufactures, and sells lighting-class light emitting diode (LED), lighting, and semiconductor products for power and radio-frequency (RF) applications in the United States, China, Europe, South Korea, Japan, Malaysia, and Taiwan. The company has a P/E ratio of 45.3. Currently, there are 8 analysts who rate Cree a buy, 2 analysts rate it a sell, and 6 rate it a hold.

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

TheStreet Quant Ratings rates Cree as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Cree 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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