Insider Trading Alert - SMTC, CVC And CCOI 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.

Friday, Aug. 29, 2014, 54 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $310.48 to $19,750,166.52.

Highlighted Stocks Traded by Insiders:

Semtech (SMTC) - FREE Research Report

Chukwu Emeka, who is Executive VP and CFO at Semtech, sold 2,500 shares at $25.85 on Aug. 29, 2014. Following this transaction, the Executive VP and CFO owned 44,807 shares meaning that the stake was reduced by 5.28% with the 2,500-share transaction.

The shares most recently traded at $26.03, up $0.18, or 0.71% since the insider transaction. Historical insider transactions for Semtech go as follows:

  • 4-Week # shares sold: 9,000
  • 12-Week # shares sold: 31,840
  • 24-Week # shares sold: 62,384

The average volume for Semtech has been 544,400 shares per day over the past 30 days. Semtech has a market cap of $1.8 billion and is part of the technology sector and electronics industry. Shares are up 3.07% year-to-date as of the close of trading on Friday.

Semtech Corporation and its subsidiaries design, develop, manufacture, and market analog and mixed signal semiconductor products. Currently, there are 3 analysts who rate Semtech a buy, no analysts rate it a sell, and 2 rate it a hold.

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

TheStreet Quant Ratings rates Semtech as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full Semtech 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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