Insider Trading Alert - MWE, CPT And CTIC 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, June 6, 2014, 96 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $1,133.00 to $126,311,991.43.

Highlighted Stocks Traded by Insiders:

MarkWest Energy Partners (MWE) - FREE Research Report

Nickerson Randy S, who is EVP, Chief Commercial Officer at MarkWest Energy Partners, sold 3,400 shares at $65.00 on June 6, 2014. Following this transaction, the EVP, Chief Commercial Officer owned 222,309 shares meaning that the stake was reduced by 1.51% with the 3,400-share transaction.

Rosson Paula L, who is SVP/Chief Accounting Officer at MarkWest Energy Partners, sold 1,500 shares at $64.00 on June 6, 2014. Following this transaction, the SVP/Chief Accounting Officer owned 19,924 shares meaning that the stake was reduced by 7% with the 1,500-share transaction.

The shares most recently traded at $64.63, up $0.63, or 0.97% since the insider transaction. Historical insider transactions for MarkWest Energy Partners go as follows:

  • 4-Week # shares bought: 3,850
  • 4-Week # shares sold: 1,500
  • 12-Week # shares bought: 3,850
  • 12-Week # shares sold: 12,521
  • 24-Week # shares bought: 3,850
  • 24-Week # shares sold: 16,751

The average volume for MarkWest Energy Partners has been 840,600 shares per day over the past 30 days. MarkWest Energy Partners has a market cap of $10.3 billion and is part of the basic materials sector and energy industry. Shares are down 2.03% year-to-date as of the close of trading on Friday.

MarkWest Energy Partners, L.P. is engaged in the gathering, processing, and transportation of natural gas. The company is also engaged in the gathering, transportation, fractionation, storage, and marketing of natural gas liquids; and the gathering and transportation of crude oil. The stock currently has a dividend yield of 5.5%. The company has a P/E ratio of 147.2. Currently, there are 3 analysts who rate MarkWest Energy Partners a buy, no analysts rate it a sell, and 7 rate it a hold.

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

TheStreet Quant Ratings rates MarkWest Energy Partners as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income, good cash flow from operations, growth in earnings per share 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 MarkWest Energy Partners Ratings Report from TheStreet Quant Ratings now.

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