Insider Trading Alert - GPN, RP And SSTK 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.

Thursday, July 3, 2014, 74 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $252.00 to $5,900,000.00.

Highlighted Stocks Traded by Insiders:

Global Payments (GPN) - FREE Research Report

Jacobs William I, who is Director at Global Payments, sold 600 shares at $72.94 on July 3, 2014. Following this transaction, the Director owned 32,765 shares meaning that the stake was reduced by 1.8% with the 600-share transaction.

The shares most recently traded at $72.88, down $0.06, or 0.08% since the insider transaction. Historical insider transactions for Global Payments go as follows:

  • 4-Week # shares bought: 1,000
  • 4-Week # shares sold: 600
  • 12-Week # shares bought: 1,000
  • 12-Week # shares sold: 10,858
  • 24-Week # shares bought: 1,000
  • 24-Week # shares sold: 98,858

The average volume for Global Payments has been 722,800 shares per day over the past 30 days. Global Payments has a market cap of $5.3 billion and is part of the services sector and diversified services industry. Shares are up 13.57% year-to-date as of the close of trading on Thursday.

Global Payments Inc. provides electronic payments transaction processing services worldwide. The company serves as the processing intermediary between the merchant, the credit and debit networks, and the financial institutions that issue cards. The stock currently has a dividend yield of 0.11%. The company has a P/E ratio of 23.2. Currently, there are 7 analysts who rate Global Payments a buy, 2 analysts rate it a sell, and 13 rate it a hold.

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

TheStreet Quant Ratings rates Global Payments as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, growth in earnings per share, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Global Payments Ratings Report from TheStreet Quant Ratings now.

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