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. 25, 2014, 97 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $508.38 to $15,061,515.27. Highlighted Stocks Traded by Insiders: Altera (ALTR) - FREE Research Report Lyman Kevin H, who is Sr VP, Human Resources at Altera, sold 8,000 shares at $34.85 on Aug. 25, 2014. Following this transaction, the Sr VP, Human Resources owned 4,608 shares meaning that the stake was reduced by 63.45% with the 8,000-share transaction. The shares most recently traded at $34.80, down $0.05, or 0.16% since the insider transaction. Historical insider transactions for Altera go as follows:
4-Week # shares sold: 18,635
12-Week # shares sold: 23,825
24-Week # shares sold: 28,699
The average volume for Altera has been 2.4 million shares per day over the past 30 days. Altera has a market cap of $10.8 billion and is part of the technology sector and electronics industry. Shares are up 6.44% 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 2.06%. The company has a P/E ratio of 24.2. 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 - FREETheStreet Quant Ratings rates Altera as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures 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 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.