Insider Trading Alert - K, ITC And N 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 5, 2014, 71 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $759.84 to $56,700,000.00.

Highlighted Stocks Traded by Insiders:

Kellogg (K) - FREE Research Report

Kellogg W K Foundation Trust, who is 10% Owner at Kellogg, sold 50,000 shares at $69.34 on June 5, 2014. Following this transaction, the 10% Owner owned 72.3 million shares meaning that the stake was reduced by 0.07% with the 50,000-share transaction.

The shares most recently traded at $68.72, down $0.62, or 0.9% since the insider transaction. Historical insider transactions for Kellogg go as follows:

  • 4-Week # shares sold: 250,000
  • 12-Week # shares sold: 1.1 million
  • 24-Week # shares sold: 1.2 million

The average volume for Kellogg has been 2.1 million shares per day over the past 30 days. Kellogg has a market cap of $24.9 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 12.72% year-to-date as of the close of trading on Thursday.

Kellogg Company, together with its subsidiaries, manufactures and markets ready-to-eat cereal and convenience food products primarily in the United States and the United Kingdom. The company operates through U.S. Morning Foods, U.S. Snacks, U.S. The stock currently has a dividend yield of 2.65%. The company has a P/E ratio of 13.3. Currently, there are 2 analysts who rate Kellogg a buy, 3 analysts rate it a sell, and 7 rate it a hold.

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

TheStreet Quant Ratings rates Kellogg as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, notable return on equity, expanding profit margins, increase in stock price during the past year and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Kellogg 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.

ITC Holdings (ITC) - FREE Research Report

Bready Cameron M, who is EVP & Chief Financial Officer at ITC Holdings, sold 40,175 shares at $37.49 on June 5, 2014. Following this transaction, the EVP & Chief Financial Officer owned 21,408 shares meaning that the stake was reduced by 65.24% with the 40,175-share transaction.

The shares most recently traded at $37.91, up $0.42, or 1.1% since the insider transaction. Historical insider transactions for ITC Holdings go as follows:

  • 4-Week # shares sold: 3,054
  • 12-Week # shares sold: 3,054
  • 24-Week # shares sold: 3,054

The average volume for ITC Holdings has been 804,500 shares per day over the past 30 days. ITC Holdings has a market cap of $5.9 billion and is part of the utilities sector and utilities industry. Shares are up 18.25% year-to-date as of the close of trading on Thursday.

ITC Holdings Corp., together with its subsidiaries, is engaged in the transmission of electricity in the United States. The stock currently has a dividend yield of 1.52%. The company has a P/E ratio of 23.8. Currently, there are 7 analysts who rate ITC Holdings a buy, no analysts rate it a sell, and 2 rate it a hold.

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

TheStreet Quant Ratings rates ITC Holdings as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, expanding profit margins, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full ITC Holdings 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.

NetSuite (N) - FREE Research Report

Nelson Zachary, who is President & CEO at NetSuite, sold 6,552 shares at $76.99 on June 5, 2014. Following this transaction, the President & CEO owned 1.0 million shares meaning that the stake was reduced by 0.64% with the 6,552-share transaction.

Solomon Douglas P., who is SVP, General Counsel & Sec. at NetSuite, sold 623 shares at $77.20 on June 5, 2014. Following this transaction, the SVP, General Counsel & Sec. owned 28,616 shares meaning that the stake was reduced by 2.13% with the 623-share transaction.

Dilley Timothy, who is EVP & Chief Customer Officer at NetSuite, sold 978 shares at $77.01 on June 5, 2014. Following this transaction, the EVP & Chief Customer Officer owned 44,510 shares meaning that the stake was reduced by 2.15% with the 978-share transaction.

McGeever James, who is Chief Operating Officer at NetSuite, sold 5,187 shares at $77.06 on June 5, 2014. Following this transaction, the Chief Operating Officer owned 274,500 shares meaning that the stake was reduced by 1.85% with the 5,187-share transaction.

Gill Ronald S, who is Chief Financial Officer at NetSuite, sold 2,557 shares at $77.00 on June 5, 2014. Following this transaction, the Chief Financial Officer owned 60,646 shares meaning that the stake was reduced by 4.05% with the 2,557-share transaction.

Huffman Marc, who is President WW Sales and Distrib at NetSuite, sold 294 shares at $77.00 on June 5, 2014. Following this transaction, the President WW Sales and Distrib owned 73,329 shares meaning that the stake was reduced by 0.4% with the 294-share transaction.

The shares most recently traded at $77.93, up $0.93, or 1.19% since the insider transaction. Historical insider transactions for NetSuite go as follows:

  • 4-Week # shares sold: 14,042
  • 12-Week # shares sold: 14,492
  • 24-Week # shares sold: 66,793

The average volume for NetSuite has been 915,900 shares per day over the past 30 days. NetSuite has a market cap of $5.8 billion and is part of the technology sector and computer software & services industry. Shares are down 24.04% year-to-date as of the close of trading on Thursday.

NetSuite Inc. provides cloud-based financials/enterprise resource planning (ERP) and omnichannel commerce software suites in the United States and internationally. Currently, there are 8 analysts who rate NetSuite a buy, no analysts rate it a sell, and 7 rate it a hold.

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

TheStreet Quant Ratings rates NetSuite as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, generally high debt management risk, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Get the full NetSuite 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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