Insider Trading Alert - MDP, CW And LVLT 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 19, 2014, 147 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $80.88 to $19,640,406.96.

Highlighted Stocks Traded by Insiders:

Meredith (MDP) - FREE Research Report

Berg Donald C, who is Director at Meredith, bought 1,000 shares at $44.38 on May 19, 2014. Following this transaction, the Director owned 1,516 shares meaning that the stake was boosted by 193.8% with the 1,000-share transaction.

The shares most recently traded at $44.22, down $0.16, or 0.36% since the insider transaction. Historical insider transactions for Meredith go as follows:

  • 4-Week # shares sold: 6,916
  • 12-Week # shares sold: 6,916
  • 24-Week # shares sold: 6,916

The average volume for Meredith has been 341,600 shares per day over the past 30 days. Meredith has a market cap of $1.6 billion and is part of the services sector and media industry. Shares are down 12.74% year-to-date as of the close of trading on Monday.

Meredith Corporation, a media and marketing company, is engaged in magazine publishing and related brand licensing, television broadcasting, digital and customer relationship marketing, digital and mobile media, and video creation operations in the United States. The stock currently has a dividend yield of 3.92%. The company has a P/E ratio of 19.0. Currently, there is 1 analyst who rates Meredith a buy, no analysts rate it a sell, and 3 rate it a hold.

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

TheStreet Quant Ratings rates Meredith as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Meredith Ratings Report from TheStreet Quant Ratings now.

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