Insider Trading Alert - CONN, TEX And XL 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. 8, 2014, 70 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $178.80 to $12,892,563.00.

Highlighted Stocks Traded by Insiders:

Conn's (CONN) - FREE Research Report

Wright Theodore M, who is President and CEO at Conn's, bought 10,400 shares at $28.74 on Sept. 8, 2014. Following this transaction, the President and CEO owned 214,553 shares meaning that the stake was boosted by 5.09% with the 10,400-share transaction.

The shares most recently traded at $30.58, up $1.84, or 6.02% since the insider transaction. Historical insider transactions for Conn's go as follows:

  • 4-Week # shares bought: 26,100
  • 4-Week # shares sold: 10,000
  • 12-Week # shares bought: 26,100
  • 12-Week # shares sold: 10,000
  • 24-Week # shares bought: 30,600
  • 24-Week # shares sold: 10,000

The average volume for Conn's has been 1.1 million shares per day over the past 30 days. Conn's has a market cap of $1.1 billion and is part of the services sector and retail industry. Shares are down 61.29% year-to-date as of the close of trading on Monday.

Conn's, Inc. operates as a specialty retailer of durable consumer goods and related services in Texas, Arizona, Louisiana, Oklahoma, and New Mexico, the United States. The company has a P/E ratio of 10.9. Currently, there are 3 analysts who rate Conn's a buy, no analysts rate it a sell, and 4 rate it a hold.

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

TheStreet Quant Ratings rates Conn's as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Conn's 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.

If you liked this article you might like

Action Was Under the Surface in Monday's Market

Stock Futures Move Lower Ahead of Loaded Back-Half to the Week

5 Things You Must Know Before the Market Opens Tuesday

Week Ahead: You Won't Hear Much From the Fed Before the Central Bank's Rates Meeting