Insider Trading Alert - CODE, BAS And FLS 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. 11, 2014, 73 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $1,689.60 to $7,913,130.00.

Highlighted Stocks Traded by Insiders:

Spansion (CODE) - FREE Research Report

Furr Randy W, who is Corporate EVP and CFO at Spansion, sold 14,000 shares at $18.45 on Aug. 11, 2014. Following this transaction, the Corporate EVP and CFO owned 42,293 shares meaning that the stake was reduced by 24.87% with the 14,000-share transaction.

The shares most recently traded at $18.66, up $0.21, or 1.13% since the insider transaction. Historical insider transactions for Spansion go as follows:

  • 4-Week # shares sold: 10,390
  • 12-Week # shares sold: 10,390
  • 24-Week # shares sold: 19,723

The average volume for Spansion has been 1.3 million shares per day over the past 30 days. Spansion has a market cap of $1.1 billion and is part of the technology sector and electronics industry. Shares are up 35.13% year-to-date as of the close of trading on Monday.

Spansion, Inc. designs, manufactures, develops, and sells embedded systems semiconductors worldwide. The company offers flash memory, microcontrollers, mixed-signal and analog products, and embedded system-on-chip solutions. Currently, there are 7 analysts who rate Spansion a buy, no analysts rate it a sell, and none rate it a hold.

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

TheStreet Quant Ratings rates Spansion 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 deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share. Get the full Spansion 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.

Basic Energy Services (BAS) - FREE Research Report

Krenek Alan, who is SVP, CFO, Secretary, Treasurer at Basic Energy Services, sold 6,000 shares at $24.08 on Aug. 11, 2014. Following this transaction, the SVP, CFO, Secretary, Treasurer owned 154,998 shares meaning that the stake was reduced by 3.73% with the 6,000-share transaction.

The shares most recently traded at $24.37, up $0.29, or 1.18% since the insider transaction. Historical insider transactions for Basic Energy Services go as follows:

  • 4-Week # shares sold: 33,167
  • 12-Week # shares sold: 180,167
  • 24-Week # shares bought: 15,800
  • 24-Week # shares sold: 506,629

The average volume for Basic Energy Services has been 1.1 million shares per day over the past 30 days. Basic Energy Services has a market cap of $1.0 billion and is part of the basic materials sector and energy industry. Shares are up 53.93% year-to-date as of the close of trading on Monday.

Basic Energy Services, Inc. provides well site services to oil and natural gas drilling and producing companies in the United States. Currently, there are 6 analysts who rate Basic Energy Services a buy, 1 analyst rates it a sell, and 5 rate it a hold.

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

TheStreet Quant Ratings rates Basic Energy Services as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including poor profit margins and generally higher debt management risk. Get the full Basic Energy Services 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.

Flowserve (FLS) - FREE Research Report

Fix Roger L, who is Director at Flowserve, sold 2,232 shares at $72.02 on Aug. 11, 2014. Following this transaction, the Director owned 1,692 shares meaning that the stake was reduced by 56.88% with the 2,232-share transaction.

The shares most recently traded at $73.04, up $1.02, or 1.4% since the insider transaction. Historical insider transactions for Flowserve go as follows:

  • 4-Week # shares sold: 2,232
  • 12-Week # shares sold: 2,232
  • 24-Week # shares sold: 20,232

The average volume for Flowserve has been 809,300 shares per day over the past 30 days. Flowserve has a market cap of $10.0 billion and is part of the industrial goods sector and industrial industry. Shares are down 7.14% year-to-date as of the close of trading on Monday.

Flowserve Corporation designs, manufactures, distributes, and services industrial flow management equipment. The stock currently has a dividend yield of 0.88%. The company has a P/E ratio of 20.4. Currently, there are 10 analysts who rate Flowserve a buy, no analysts rate it a sell, and 4 rate it a hold.

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

TheStreet Quant Ratings rates Flowserve as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, expanding profit margins, solid stock price performance, increase in net income 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 Flowserve 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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