Insider Trading Alert - BRCD, IPGP And BOBE 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:

Brocade Communications Systems (BRCD) - FREE Research Report

Carney Lloyd, who is Chief Executive Officer at Brocade Communications Systems, sold 6,446 shares at $10.27 on Sept. 8, 2014. Following this transaction, the Chief Executive Officer owned 36,600 shares meaning that the stake was reduced by 14.97% with the 6,446-share transaction.

The shares most recently traded at $10.22, down $0.05, or 0.49% since the insider transaction. Historical insider transactions for Brocade Communications Systems go as follows:

  • 4-Week # shares sold: 6,445
  • 12-Week # shares sold: 30,156
  • 24-Week # shares sold: 30,156

The average volume for Brocade Communications Systems has been 4.4 million shares per day over the past 30 days. Brocade Communications Systems has a market cap of $4.4 billion and is part of the technology sector and computer hardware industry. Shares are up 16.3% year-to-date as of the close of trading on Monday.

Brocade Communications Systems, Inc. provides Internet protocol based networking solutions and storage area networking (SAN) solutions to businesses and organizations worldwide. The stock currently has a dividend yield of 1.36%. The company has a P/E ratio of 21.5. Currently, there are 4 analysts who rate Brocade Communications Systems a buy, 1 analyst rates it a sell, and 11 rate it a hold.

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

TheStreet Quant Ratings rates Brocade Communications Systems as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Brocade Communications Systems 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.

IPG Photonics (IPGP) - FREE Research Report

Ip Fibre Devices Ltd, who is 10% Owner at IPG Photonics, sold 8,800 shares at $68.08 on Sept. 8, 2014. Following this transaction, the 10% Owner owned 7.2 million shares meaning that the stake was reduced by 0.12% with the 8,800-share transaction.

Valentin Gapontsev Trust I, who is 10% Owner at IPG Photonics, sold 4,500 shares at $68.03 on Sept. 8, 2014. Following this transaction, the 10% Owner owned 7.8 million shares meaning that the stake was reduced by 0.06% with the 4,500-share transaction.

The shares most recently traded at $67.65, down $0.38, or 0.56% since the insider transaction. Historical insider transactions for IPG Photonics go as follows:

  • 4-Week # shares sold: 28,900
  • 12-Week # shares sold: 48,948
  • 24-Week # shares sold: 253,231

The average volume for IPG Photonics has been 320,100 shares per day over the past 30 days. IPG Photonics has a market cap of $3.5 billion and is part of the technology sector and electronics industry. Shares are down 12.52% year-to-date as of the close of trading on Monday.

IPG Photonics Corporation develops and manufactures fiber lasers, fiber amplifiers, and diode lasers that are used in various applications, primarily in materials processing. The company has a P/E ratio of 21.7. Currently, there are 5 analysts who rate IPG Photonics a buy, no analysts rate it a sell, and 1 rates it a hold.

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

TheStreet Quant Ratings rates IPG Photonics as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full IPG Photonics 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.

Bob Evans Farms (BOBE) - FREE Research Report

Weinstein Michael Feder, who is Director at Bob Evans Farms, bought 2,000 shares at $43.94 on Sept. 8, 2014. Following this transaction, the Director owned 4,323 shares meaning that the stake was boosted by 86.1% with the 2,000-share transaction.

The shares most recently traded at $44.67, up $0.73, or 1.63% since the insider transaction. Historical insider transactions for Bob Evans Farms go as follows:

  • 4-Week # shares bought: 17,656
  • 4-Week # shares sold: 6,670
  • 12-Week # shares bought: 17,656
  • 12-Week # shares sold: 6,670
  • 24-Week # shares bought: 17,656
  • 24-Week # shares sold: 6,670

The average volume for Bob Evans Farms has been 483,600 shares per day over the past 30 days. Bob Evans Farms has a market cap of $1.0 billion and is part of the services sector and leisure industry. Shares are down 12% year-to-date as of the close of trading on Monday.

Bob Evans Farms, Inc. operates as a full-service restaurant company in the United States. The company conducts its operations through Bob Evans Restaurants and BEF Foods segments. As of April 25, 2014, it owned and operated 561 Bob Evans Restaurants and licensed 2 Bob Evans Express locations. The stock currently has a dividend yield of 2.83%. The company has a P/E ratio of 53.4. Currently, there are 2 analysts who rate Bob Evans Farms a buy, no analysts rate it a sell, and 3 rate it a hold.

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

TheStreet Quant Ratings rates Bob Evans Farms as a hold. Among the primary strengths of the company is its reasonable valuation levels, considering its current price compared to earnings, book value and other measures. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and disappointing return on equity. Get the full Bob Evans Farms 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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