Insider Trading Alert - PFPT, HCP And GNTX 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. 28, 2014, 79 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $768.00 to $8,462,565.00.

Highlighted Stocks Traded by Insiders:

Proofpoint (PFPT) - FREE Research Report

Steele Gary, who is Chief Executive Officer at Proofpoint, sold 20,000 shares at $39.13 on Aug. 28, 2014. Following this transaction, the Chief Executive Officer owned 41,689 shares meaning that the stake was reduced by 32.42% with the 20,000-share transaction.

The shares most recently traded at $39.71, up $0.58, or 1.47% since the insider transaction. Historical insider transactions for Proofpoint go as follows:

  • 4-Week # shares sold: 10,000
  • 12-Week # shares sold: 50,000
  • 24-Week # shares sold: 130,000

The average volume for Proofpoint has been 467,800 shares per day over the past 30 days. Proofpoint has a market cap of $1.5 billion and is part of the technology sector and computer software & services industry. Shares are up 16.58% year-to-date as of the close of trading on Thursday.

Proofpoint, Inc. provides threat protection, regulatory compliance, archiving and governance, and secure communication solutions worldwide. Currently, there are 9 analysts who rate Proofpoint a buy, no analysts rate it a sell, and none rate it a hold.

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

TheStreet Quant Ratings rates Proofpoint as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally high debt management risk and feeble growth in its earnings per share. Get the full Proofpoint 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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