Insider Trading Alert - SANM, CNW And DUK 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. 27, 2014, 98 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $66.82 to $18,231,262.91.

Highlighted Stocks Traded by Insiders:

Sanmina (SANM) - FREE Research Report

Shortridge Wayne, who is Director at Sanmina, sold 6,000 shares at $23.85 on Aug. 27, 2014. Following this transaction, the Director owned 61,060 shares meaning that the stake was reduced by 8.95% with the 6,000-share transaction.

The shares most recently traded at $23.40, down $0.45, or 1.93% since the insider transaction. Historical insider transactions for Sanmina go as follows:

  • 4-Week # shares sold: 36,000
  • 12-Week # shares sold: 36,000
  • 24-Week # shares sold: 70,167

The average volume for Sanmina has been 617,000 shares per day over the past 30 days. Sanmina has a market cap of $2.0 billion and is part of the technology sector and electronics industry. Shares are up 41.86% year-to-date as of the close of trading on Wednesday.

Sanmina Corporation provides integrated electronics manufacturing services worldwide. The company has a P/E ratio of 19.9. Currently, there are 4 analysts who rate Sanmina a buy, 1 analyst rates it a sell, and 3 rate it a hold.

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

TheStreet Quant Ratings rates Sanmina as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, revenue growth, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Sanmina 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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