Insider Trading Alert - GME, GCO 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. 23, 2014, 39 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $250.00 to $78,529,267.63.

Highlighted Stocks Traded by Insiders:

GameStop (GME) - FREE Research Report

Dematteo Daniel A, who is Executive Chairman at GameStop, sold 150,000 shares at $43.63 on Sept. 23, 2014. Following this transaction, the Executive Chairman owned 230,953 shares meaning that the stake was reduced by 39.37% with the 150,000-share transaction.

Lloyd Robert Alan, who is Ex. VP & Chief Fin. Officer at GameStop, sold 20,000 shares at $43.63 on Sept. 23, 2014. Following this transaction, the Ex. VP & Chief Fin. Officer owned 221,040 shares meaning that the stake was reduced by 8.3% with the 20,000-share transaction.

Koonin Steven R, who is Director at GameStop, sold 1,800 shares at $43.63 on Sept. 23, 2014. Following this transaction, the Director owned 17,820 shares meaning that the stake was reduced by 9.17% with the 1,800-share transaction.

The shares most recently traded at $42.38, down $1.25, or 2.96% since the insider transaction. Historical insider transactions for GameStop go as follows:

  • 4-Week # shares sold: 2,100
  • 12-Week # shares sold: 2,100
  • 24-Week # shares sold: 7,700

The average volume for GameStop has been 2.6 million shares per day over the past 30 days. GameStop has a market cap of $4.9 billion and is part of the services sector and retail industry. Shares are down 13.97% year-to-date as of the close of trading on Tuesday.

GameStop Corp. operates as a multichannel video game, consumer electronics, and wireless services retailer. The stock currently has a dividend yield of 3.04%. The company has a P/E ratio of 13.4. Currently, there are 11 analysts who rate GameStop a buy, 2 analysts rate it a sell, and 2 rate it a hold.

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

TheStreet Quant Ratings rates GameStop as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full GameStop 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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