Insider Trading Alert - LZB, CRM And ASNA 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 24, 2014, 63 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $452.23 to $11,250,120.00.

Highlighted Stocks Traded by Insiders:

La-Z-Boy (LZB) - FREE Research Report

Kerr Janet, who is Director at La-Z-Boy, bought 1,000 shares at $23.21 on June 24, 2014. Following this transaction, the Director owned 2,700 shares meaning that the stake was boosted by 58.82% with the 1,000-share transaction.

The shares most recently traded at $23.50, up $0.29, or 1.23% since the insider transaction. Historical insider transactions for La-Z-Boy go as follows:

  • 4-Week # shares bought: 350
  • 4-Week # shares sold: 3,750
  • 12-Week # shares bought: 350
  • 12-Week # shares sold: 3,750
  • 24-Week # shares bought: 350
  • 24-Week # shares sold: 3,750

The average volume for La-Z-Boy has been 441,800 shares per day over the past 30 days. La-Z-Boy has a market cap of $1.2 billion and is part of the consumer goods sector and consumer durables industry. Shares are down 25.35% year-to-date as of the close of trading on Tuesday.

La-Z-Boy Incorporated manufactures, markets, imports, distributes, and retails upholstery products, accessories, and casegoods furniture products in the United States and Canada. The company also produces reclining chairs and manufactures/distributes residential furniture in the United States. The stock currently has a dividend yield of 1.03%. The company has a P/E ratio of 21.3. Currently, there are 5 analysts who rate La-Z-Boy a buy, no analysts rate it a sell, and none rate it a hold.

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

TheStreet Quant Ratings rates La-Z-Boy 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, increase in stock price during the past year and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full La-Z-Boy 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.

Salesforce.com (CRM) - FREE Research Report

Benioff Marc, who is Chairman of the Board & CEO at Salesforce.com, sold 40,000 shares at $57.71 on June 24, 2014. Following this transaction, the Chairman of the Board & CEO owned 40.6 million shares meaning that the stake was reduced by 0.1% with the 40,000-share transaction.

The shares most recently traded at $57.40, down $0.31, or 0.54% since the insider transaction. Historical insider transactions for Salesforce.com go as follows:

  • 4-Week # shares sold: 208,981
  • 12-Week # shares sold: 211,605
  • 24-Week # shares sold: 218,963

The average volume for Salesforce.com has been 6.6 million shares per day over the past 30 days. Salesforce.com has a market cap of $35.3 billion and is part of the technology sector and computer software & services industry. Shares are up 4.11% year-to-date as of the close of trading on Tuesday.

salesforce.com, inc. provides enterprise cloud computing solutions to various businesses and industries worldwide. Currently, there are 25 analysts who rate Salesforce.com a buy, 1 analyst rates it a sell, and 2 rate it a hold.

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

TheStreet Quant Ratings rates Salesforce.com as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and generally higher debt management risk. Get the full Salesforce.com 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.

Ascena Retail Group (ASNA) - FREE Research Report

Wexler Gene, who is SVP, General Counsel at Ascena Retail Group, sold 2,054 shares at $17.05 on June 24, 2014. Following this transaction, the SVP, General Counsel owned 4,529 shares meaning that the stake was reduced by 31.2% with the 2,054-share transaction.

Sullivan John J., who is EVP - Chief Operating Officer at Ascena Retail Group, sold 1,643 shares at $17.05 on June 24, 2014. Following this transaction, the EVP - Chief Operating Officer owned 16,865 shares meaning that the stake was reduced by 8.88% with the 1,643-share transaction.

Robinson Ronald, who is Pres, Global Sourcing at Ascena Retail Group, sold 88 shares at $17.05 on June 24, 2014. Following this transaction, the Pres, Global Sourcing owned 21,603 shares meaning that the stake was reduced by 0.41% with the 88-share transaction.

The shares most recently traded at $17.07, up $0.02, or 0.11% since the insider transaction. Historical insider transactions for Ascena Retail Group go as follows:

  • 4-Week # shares sold: 3,915
  • 12-Week # shares sold: 3,915
  • 24-Week # shares sold: 3,915

The average volume for Ascena Retail Group has been 1.2 million shares per day over the past 30 days. Ascena Retail Group has a market cap of $2.7 billion and is part of the services sector and retail industry. Shares are down 18.34% year-to-date as of the close of trading on Tuesday.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel for women, and tween girls and boys. The company operates under the Justice, Lane Bryant, maurices, dressbarn, and Catherines segments. The company has a P/E ratio of 17.7. Currently, there are 4 analysts who rate Ascena Retail Group a buy, no analysts rate it a sell, and 3 rate it a hold.

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

TheStreet Quant Ratings rates Ascena Retail Group 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, reasonable valuation levels, good cash flow from operations 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 Ascena Retail Group 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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