Insider Trading Alert - CIEN, MKSI And ED 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. 22, 2014, 50 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $560.80 to $4,960,984.15.

Highlighted Stocks Traded by Insiders:

Ciena (CIEN) - FREE Research Report

Morin Philippe, who is SVP, Global Field Organization at Ciena, sold 5,000 shares at $19.28 on Sept. 22, 2014. Following this transaction, the SVP, Global Field Organization owned 211,344 shares meaning that the stake was reduced by 2.31% with the 5,000-share transaction.

The shares most recently traded at $17.83, down $1.45, or 8.13% since the insider transaction. Historical insider transactions for Ciena go as follows:

  • 4-Week # shares sold: 6,000
  • 12-Week # shares sold: 20,500
  • 24-Week # shares sold: 109,409

The average volume for Ciena has been 3.0 million shares per day over the past 30 days. Ciena has a market cap of $2.0 billion and is part of the technology sector and telecommunications industry. Shares are down 25.66% year-to-date as of the close of trading on Monday.

Ciena Corporation provides communications networking equipment, software, and services that support the transport, switching, aggregation, and management of voice, video, and data traffic worldwide. Currently, there are 14 analysts who rate Ciena a buy, no analysts rate it a sell, and 2 rate it a hold.

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

TheStreet Quant Ratings rates Ciena as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Get the full Ciena 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.

MKS Instruments (MKSI) - FREE Research Report

Bagshaw Seth H, who is Vice President, CFO, Treasurer at MKS Instruments, sold 3,500 shares at $34.77 on Sept. 22, 2014. Following this transaction, the Vice President, CFO, Treasurer owned 25,301 shares meaning that the stake was reduced by 12.15% with the 3,500-share transaction.

The shares most recently traded at $33.80, down $0.97, or 2.86% since the insider transaction. Historical insider transactions for MKS Instruments go as follows:

  • 4-Week # shares bought: 1,161
  • 4-Week # shares sold: 2,600
  • 12-Week # shares bought: 1,161
  • 12-Week # shares sold: 16,000
  • 24-Week # shares bought: 1,161
  • 24-Week # shares sold: 37,546

The average volume for MKS Instruments has been 284,100 shares per day over the past 30 days. MKS Instruments has a market cap of $1.8 billion and is part of the technology sector and electronics industry. Shares are up 12.2% year-to-date as of the close of trading on Monday.

MKS Instruments, Inc. operates as a provider of instruments, subsystems, and process control solutions that measure, control, power, monitor, and analyze critical parameters of manufacturing processes in the United States and internationally. The stock currently has a dividend yield of 1.94%. The company has a P/E ratio of 24.3. Currently, there are 4 analysts who rate MKS Instruments a buy, no analysts rate it a sell, and none rate it a hold.

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

TheStreet Quant Ratings rates MKS Instruments as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, reasonable valuation levels and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full MKS Instruments 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.

Consolidated Edison (ED) - FREE Research Report

Del Giudice Michael J, who is Director at Consolidated Edison, sold 414 shares at $57.09 on Sept. 22, 2014. Following this transaction, the Director owned 37,503 shares meaning that the stake was reduced by 1.09% with the 414-share transaction.

The shares most recently traded at $56.85, down $0.24, or 0.42% since the insider transaction. Historical insider transactions for Consolidated Edison go as follows:

  • 4-Week # shares bought: 314
  • 12-Week # shares bought: 669
  • 12-Week # shares sold: 3,100
  • 24-Week # shares bought: 1,900
  • 24-Week # shares sold: 3,100

The average volume for Consolidated Edison has been 1.8 million shares per day over the past 30 days. Consolidated Edison has a market cap of $16.7 billion and is part of the utilities sector and utilities industry. Shares are up 2.88% year-to-date as of the close of trading on Monday.

Consolidated Edison, Inc. is engaged in regulated electric, gas, and steam delivery businesses in the United States. The stock currently has a dividend yield of 4.41%. The company has a P/E ratio of 13.2. Currently, there is 1 analyst who rates Consolidated Edison a buy, no analysts rate it a sell, and 8 rate it a hold.

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

TheStreet Quant Ratings rates Consolidated Edison as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, reasonable valuation levels, impressive record of earnings per share growth and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Consolidated Edison 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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