Insider Trading Alert - SNCR, ALTR And KAR 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. 18, 2014, 105 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $81.56 to $73,500,000,000.00.

Highlighted Stocks Traded by Insiders:

Synchronoss Technologies (SNCR) - FREE Research Report

Lazzaro Nicholas P, who is EVP & Pres of Emerging Markets at Synchronoss Technologies, sold 862 shares at $39.27 on Aug. 18, 2014. Following this transaction, the EVP & Pres of Emerging Markets owned 38,875 shares meaning that the stake was reduced by 2.17% with the 862-share transaction.

The shares most recently traded at $40.87, up $1.60, or 3.91% since the insider transaction. Historical insider transactions for Synchronoss Technologies go as follows:

  • 4-Week # shares sold: 1,067
  • 12-Week # shares sold: 3,032
  • 24-Week # shares sold: 19,753

The average volume for Synchronoss Technologies has been 377,300 shares per day over the past 30 days. Synchronoss Technologies has a market cap of $1.7 billion and is part of the technology sector and computer software & services industry. Shares are up 30.64% year-to-date as of the close of trading on Monday.

Synchronoss Technologies, Inc. provides cloud solutions and software-based activation for connected devices worldwide. The company has a P/E ratio of 45.9. Currently, there are 7 analysts who rate Synchronoss Technologies a buy, no analysts rate it a sell, and 1 rates it a hold.

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

TheStreet Quant Ratings rates Synchronoss Technologies 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, increase in stock price during the past year, reasonable valuation levels 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 Synchronoss Technologies 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.

Altera (ALTR) - FREE Research Report

Waters Jeffrey, who is SVP & GM, Business Unit at Altera, sold 10,000 shares at $33.58 on Aug. 18, 2014. Following this transaction, the SVP & GM, Business Unit owned 7,503 shares meaning that the stake was reduced by 57.13% with the 10,000-share transaction.

The shares most recently traded at $34.45, up $0.87, or 2.51% since the insider transaction. Historical insider transactions for Altera go as follows:

  • 4-Week # shares sold: 8,635
  • 12-Week # shares sold: 16,002
  • 24-Week # shares sold: 23,699

The average volume for Altera has been 2.5 million shares per day over the past 30 days. Altera has a market cap of $10.5 billion and is part of the technology sector and electronics industry. Shares are up 5.03% year-to-date as of the close of trading on Monday.

Altera Corporation, a semiconductor company, designs, manufactures, and sells programmable logic devices (PLD), HardCopy application-specific integrated circuit (ASIC) devices, power system-on-chip devices (PowerSoCs), pre-defined design building blocks, and proprietary development software. The stock currently has a dividend yield of 2.12%. The company has a P/E ratio of 23.6. Currently, there are 12 analysts who rate Altera a buy, 2 analysts rate it a sell, and 4 rate it a hold.

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

TheStreet Quant Ratings rates Altera as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and a generally disappointing performance in the stock itself. Get the full Altera 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.

KAR Auction Services (KAR) - FREE Research Report

Kestner Michael T., who is Director at KAR Auction Services, bought 2,000 shares at $29.03 on Aug. 18, 2014. Following this transaction, the Director owned 5,922 shares meaning that the stake was boosted by 50.99% with the 2,000-share transaction.

The shares most recently traded at $30.19, up $1.16, or 3.83% since the insider transaction. Historical insider transactions for KAR Auction Services go as follows:

  • 4-Week # shares bought: 1,500
  • 4-Week # shares sold: 5,320
  • 12-Week # shares bought: 1,500
  • 12-Week # shares sold: 5,320
  • 24-Week # shares bought: 1,500
  • 24-Week # shares sold: 5,320

The average volume for KAR Auction Services has been 941,000 shares per day over the past 30 days. KAR Auction Services has a market cap of $4.1 billion and is part of the services sector and specialty retail industry. Shares are up 0.88% year-to-date as of the close of trading on Monday.

KAR Auction Services, Inc., together with its subsidiaries, provides vehicle auction services in North America. It operates in three segments: ADESA Auctions, IAA, and AFC. The stock currently has a dividend yield of 3.42%. The company has a P/E ratio of 54.2. Currently, there are 7 analysts who rate KAR Auction Services a buy, no analysts rate it a sell, and none rate it a hold.

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

TheStreet Quant Ratings rates KAR Auction Services as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, 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 has had somewhat disappointing return on equity. Get the full KAR Auction 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.

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