Insider Trading Alert - RNR, MHR And SNX 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, Aug. 4, 2014, 84 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $287.50 to $28,284,584.53.

Highlighted Stocks Traded by Insiders:

RenaissanceRe Holdings (RNR) - FREE Research Report

Todd Rider Fonner, who is Svp & Cio at RenaissanceRe Holdings, sold 1,000 shares at $96.52 on Aug. 4, 2014. Following this transaction, the Svp & Cio owned 63,117 shares meaning that the stake was reduced by 1.56% with the 1,000-share transaction.

The shares most recently traded at $98.87, up $2.35, or 2.38% since the insider transaction. Historical insider transactions for RenaissanceRe Holdings go as follows:

  • 4-Week # shares bought: 5,000
  • 4-Week # shares sold: 1,000
  • 12-Week # shares bought: 5,000
  • 12-Week # shares sold: 17,000
  • 24-Week # shares bought: 5,000
  • 24-Week # shares sold: 64,500

The average volume for RenaissanceRe Holdings has been 357,900 shares per day over the past 30 days. RenaissanceRe Holdings has a market cap of $4.0 billion and is part of the financial sector and insurance industry. Shares are up 1.48% year-to-date as of the close of trading on Monday.

RenaissanceRe Holdings Ltd., together with its subsidiaries, provides reinsurance and insurance coverages and related services in the United States and internationally. The company operates in three segments: Catastrophe Reinsurance, Specialty Reinsurance, and Lloyd's. The stock currently has a dividend yield of 1.17%. The company has a P/E ratio of 5.9. Currently, there are no analysts who rate RenaissanceRe Holdings a buy, 1 analyst rates it a sell, and 9 rate it a hold.

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

TheStreet Quant Ratings rates RenaissanceRe Holdings 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, notable return on equity, expanding profit margins and increase in stock price during the past year. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full RenaissanceRe 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.

Magnum Hunter Resources Corporation (MHR) - FREE Research Report

Ferguson Hershal C III, who is Evp at Magnum Hunter Resources Corporation, sold 5,400 shares at $6.40 on Aug. 4, 2014. Following this transaction, the Evp owned 371,190 shares meaning that the stake was reduced by 1.43% with the 5,400-share transaction.

The shares most recently traded at $6.05, down $0.35, or 5.79% since the insider transaction. Historical insider transactions for Magnum Hunter Resources Corporation go as follows:

  • 4-Week # shares bought: 5,000
  • 4-Week # shares sold: 10,000
  • 12-Week # shares bought: 5,000
  • 12-Week # shares sold: 285,000
  • 24-Week # shares bought: 5,000
  • 24-Week # shares sold: 285,000

The average volume for Magnum Hunter Resources Corporation has been 3.7 million shares per day over the past 30 days. Magnum Hunter Resources Corporation has a market cap of $1.3 billion and is part of the basic materials sector and energy industry. Shares are down 13.54% year-to-date as of the close of trading on Monday.

Magnum Hunter Resources Corporation, an independent oil and natural gas company, explores for, exploits, acquires, develops, and produces crude oil, natural gas, and natural gas liquid resources in the United States. The stock currently has a dividend yield of 10.25%. Currently, there are 7 analysts who rate Magnum Hunter Resources Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.

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

TheStreet Quant Ratings rates Magnum Hunter Resources Corporation as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. Get the full Magnum Hunter Resources Corporation 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.

Synnex (SNX) - FREE Research Report

Larocque Peter, who is President, N.A. Distribution at Synnex, sold 10,000 shares at $64.29 on Aug. 4, 2014. Following this transaction, the President, N.A. Distribution owned 30,523 shares meaning that the stake was reduced by 24.68% with the 10,000-share transaction.

The shares most recently traded at $63.85, down $0.44, or 0.69% since the insider transaction. Historical insider transactions for Synnex go as follows:

  • 4-Week # shares sold: 21,712
  • 12-Week # shares sold: 22,512
  • 24-Week # shares sold: 35,956

The average volume for Synnex has been 280,900 shares per day over the past 30 days. Synnex has a market cap of $2.5 billion and is part of the services sector and diversified services industry. Shares are down 4.6% year-to-date as of the close of trading on Monday.

SYNNEX Corporation provides distribution and business process outsourcing (BPO) services to resellers, retailers, and original equipment manufacturers (OEMs) primarily in North America. It operates in two segments, Distribution Services and Global Business Services (GBS). The company has a P/E ratio of 19.0. Currently, there are 5 analysts who rate Synnex a buy, no analysts rate it a sell, and 2 rate it a hold.

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

TheStreet Quant Ratings rates Synnex as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, compelling growth in net income, attractive valuation levels and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Synnex 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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