Insider Trading Alert - BAS, WLP And DNR 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, June 3, 2014, 107 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $420.42 to $5,791,625.60.

Highlighted Stocks Traded by Insiders:

Basic Energy Services (BAS) - FREE Research Report

Huseman Kenneth V, who is Director at Basic Energy Services, sold 70,000 shares at $26.21 on June 3, 2014. Following this transaction, the Director owned 425,305 shares meaning that the stake was reduced by 14.13% with the 70,000-share transaction.

Patterson Thomas Monroe, who is President and CEO at Basic Energy Services, sold 2,000 shares at $27.34 on June 3, 2014. Following this transaction, the President and CEO owned 301,621 shares meaning that the stake was reduced by 0.66% with the 2,000-share transaction.

Bissett John Cody, who is VP, Controller and CAO at Basic Energy Services, sold 1,000 shares at $26.28 on June 3, 2014. Following this transaction, the VP, Controller and CAO owned 49,205 shares meaning that the stake was reduced by 1.99% with the 1,000-share transaction.

The shares most recently traded at $25.76, down $0.52, or 2.02% since the insider transaction. Historical insider transactions for Basic Energy Services go as follows:

  • 4-Week # shares sold: 73,000
  • 12-Week # shares sold: 226,177
  • 24-Week # shares bought: 15,800
  • 24-Week # shares sold: 439,153

The average volume for Basic Energy Services has been 1.0 million shares per day over the past 30 days. Basic Energy Services has a market cap of $1.1 billion and is part of the basic materials sector and energy industry. Shares are up 65.46% year-to-date as of the close of trading on Tuesday.

Basic Energy Services, Inc. provides well site services to oil and natural gas drilling and producing companies in the United States. Currently, there are 4 analysts who rate Basic Energy Services a buy, 1 analyst rates it a sell, and 6 rate it a hold.

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

TheStreet Quant Ratings rates Basic Energy Services as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and generally higher debt management risk. Get the full Basic Energy Services Ratings Report from TheStreet Quant Ratings now.

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