Insider Trading Alert - SKX, PRA And PTC 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. 7, 2014, 70 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $646.00 to $62,506,298.61.

Highlighted Stocks Traded by Insiders:

Skechers USA (SKX) - FREE Research Report

Kosinski Geyer, who is Director at Skechers USA, sold 7,850 shares at $55.16 on Aug. 7, 2014. Following this transaction, the Director owned 3,000 shares meaning that the stake was reduced by 72.35% with the 7,850-share transaction.

The shares most recently traded at $54.89, down $0.27, or 0.49% since the insider transaction. Historical insider transactions for Skechers USA go as follows:

  • 4-Week # shares sold: 7,025
  • 12-Week # shares sold: 7,025
  • 24-Week # shares sold: 7,025

The average volume for Skechers USA has been 760,300 shares per day over the past 30 days. Skechers USA has a market cap of $2.2 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 64.41% year-to-date as of the close of trading on Thursday.

Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children, as well as performance footwear for men and women under the Skechers GO brand name. The company has a P/E ratio of 26.3. Currently, there are 3 analysts who rate Skechers USA a buy, no analysts rate it a sell, and 1 rates it a hold.

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

TheStreet Quant Ratings rates Skechers USA as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Skechers USA Ratings Report from TheStreet Quant Ratings now.

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