Insider Trading Alert - EGN, AXE And CNQR 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, Sept. 4, 2014, 122 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $58.00 to $13,354,526.14.

Highlighted Stocks Traded by Insiders:

Energen (EGN) - FREE Research Report

Merritt Judy M, who is Director at Energen, sold 2,955 shares at $77.98 on Sept. 4, 2014. Following this transaction, the Director owned 21,529 shares meaning that the stake was reduced by 12.07% with the 2,955-share transaction.

The shares most recently traded at $74.20, down $3.78, or 5.09% since the insider transaction. Historical insider transactions for Energen go as follows:

  • 4-Week # shares sold: 3,000
  • 12-Week # shares sold: 3,000
  • 24-Week # shares sold: 31,294

The average volume for Energen has been 600,500 shares per day over the past 30 days. Energen has a market cap of $5.7 billion and is part of the basic materials sector and energy industry. Shares are up 4.21% year-to-date as of the close of trading on Thursday.

Energen Corporation is engaged in the development and exploration of oil, natural gas, and natural gas liquids in the continental United States. The stock currently has a dividend yield of 0.77%. The company has a P/E ratio of 49.3. Currently, there are 9 analysts who rate Energen a buy, no analysts rate it a sell, and 4 rate it a hold.

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

TheStreet Quant Ratings rates Energen as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. 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 Energen Ratings Report from TheStreet Quant Ratings now.

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