Insider Trading Alert - BYD, PANW And CVG 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.

Friday, May 16, 2014, 187 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $500.00 to $632,004,766.20.

Highlighted Stocks Traded by Insiders:

Boyd Gaming Corporation (BYD) - FREE Research Report

Boyd William R, who is Vice President at Boyd Gaming Corporation, sold 12,000 shares at $11.02 on May 16, 2014. Following this transaction, the Vice President owned 33,960 shares meaning that the stake was reduced by 26.11% with the 12,000-share transaction.

The shares most recently traded at $10.45, down $0.57, or 5.46% since the insider transaction.

The average volume for Boyd Gaming Corporation has been 2.9 million shares per day over the past 30 days. Boyd Gaming Corporation has a market cap of $1.2 billion and is part of the services sector and leisure industry. Shares are down 5.06% year-to-date as of the close of trading on Friday.

Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company in the United States. The company operates in five segments: Las Vegas Locals, Downtown Las Vegas, Midwest and South, Peninsula, and Borgata. The stock currently has a dividend yield of 5.12%. Currently, there are 3 analysts who rate Boyd Gaming Corporation a buy, 3 analysts rate it a sell, and 8 rate it a hold.

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

TheStreet Quant Ratings rates Boyd Gaming Corporation as a hold. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Get the full Boyd Gaming Corporation 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.

Palo Alto Networks (PANW) - FREE Research Report

Xu Haoying (Wilson), who is SVP, Engineering at Palo Alto Networks, sold 5,000 shares at $58.38 on May 16, 2014. Following this transaction, the SVP, Engineering owned 88,052 shares meaning that the stake was reduced by 5.37% with the 5,000-share transaction.

The shares most recently traded at $62.67, up $4.29, or 6.84% since the insider transaction. Historical insider transactions for Palo Alto Networks go as follows:

  • 4-Week # shares sold: 30,536
  • 12-Week # shares sold: 92,582
  • 24-Week # shares sold: 396,896

The average volume for Palo Alto Networks has been 2.0 million shares per day over the past 30 days. Palo Alto Networks has a market cap of $4.4 billion and is part of the technology sector and computer hardware industry. Shares are up 6.7% year-to-date as of the close of trading on Friday.

Palo Alto Networks, Inc. offers a network security platform in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company's platform comprises Next-Generation Firewall that delivers application, user, and content visibility and control. Currently, there are 12 analysts who rate Palo Alto Networks a buy, no analysts rate it a sell, and 7 rate it a hold.

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

TheStreet Quant Ratings rates Palo Alto Networks as a hold. 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 and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share. Get the full Palo Alto Networks 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.

Convergys Corporation (CVG) - FREE Research Report

Greenwald Taylor C, who is Chief Accounting Officer at Convergys Corporation, sold 4,205 shares at $21.61 on May 16, 2014. Following this transaction, the Chief Accounting Officer owned 6,385 shares meaning that the stake was reduced by 39.71% with the 4,205-share transaction.

The shares most recently traded at $22.00, up $0.39, or 1.78% since the insider transaction. Historical insider transactions for Convergys Corporation go as follows:

  • 4-Week # shares sold: 6,548
  • 12-Week # shares sold: 13,586
  • 24-Week # shares sold: 26,115

The average volume for Convergys Corporation has been 537,700 shares per day over the past 30 days. Convergys Corporation has a market cap of $2.2 billion and is part of the services sector and diversified services industry. Shares are up 4.75% year-to-date as of the close of trading on Friday.

Convergys Corporation provides customer management business process outsourcing solutions for communications, financial services, technology, and other vertical markets worldwide. The stock currently has a dividend yield of 1.28%. The company has a P/E ratio of 54.5. Currently, there are 3 analysts who rate Convergys Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.

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

TheStreet Quant Ratings rates Convergys Corporation 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, expanding profit margins, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Convergys Corporation 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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