Insider Trading Alert - STL, FMER And PIR 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, Dec. 11, 2014, 103 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $337.00 to $15,638,127.00.

Highlighted Stocks Traded by Insiders:

Sterling Bancorp (STL) - FREE Research Report

Bizenov Michael, who is EVP Consumer Banking at Sterling Bancorp, sold 3,500 shares at $13.73 on Dec. 11, 2014. Following this transaction, the EVP Consumer Banking owned 54,610 shares meaning that the stake was reduced by 6.02% with the 3,500-share transaction.

The shares most recently traded at $12.60, down $1.13, or 8.97% since the insider transaction. Historical insider transactions for Sterling Bancorp go as follows:

  • 4-Week # shares bought: 582
  • 4-Week # shares sold: 1,800
  • 12-Week # shares bought: 582
  • 12-Week # shares sold: 1,800
  • 24-Week # shares bought: 582
  • 24-Week # shares sold: 1,800

The average volume for Sterling Bancorp has been 285,500 shares per day over the past 30 days. Sterling Bancorp has a market cap of $1.1 billion and is part of the financial sector and banking industry.

Sterling Bancorp operates as the bank holding company for Sterling National Bank that provides various banking services to commercial, consumer, and municipal clients in the United States.

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

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Firstmerit (FMER) - FREE Research Report

Isroff Clifford J, who is Director at Firstmerit, sold 3,000 shares at $18.10 on Dec. 11, 2014. Following this transaction, the Director owned 33,859 shares meaning that the stake was reduced by 8.14% with the 3,000-share transaction.

The shares most recently traded at $18.18, up $0.08, or 0.44% since the insider transaction. Historical insider transactions for Firstmerit go as follows:

  • 4-Week # shares bought: 5,000
  • 4-Week # shares sold: 15,000
  • 12-Week # shares bought: 5,000
  • 12-Week # shares sold: 15,000
  • 24-Week # shares bought: 5,000
  • 24-Week # shares sold: 15,000

The average volume for Firstmerit has been 1.2 million shares per day over the past 30 days. Firstmerit has a market cap of $3.1 billion and is part of the financial sector and banking industry. Shares are down 16.22% year-to-date as of the close of trading on Wednesday.

FirstMerit Corporation operates as a bank holding company for FirstMerit Bank, N.A. that provides various banking, fiduciary, financial, insurance, and investment services to corporate, institutional, and individual customers. The stock currently has a dividend yield of 3.44%. The company has a P/E ratio of 13.4. Currently, there are 3 analysts who rate Firstmerit a buy, no analysts rate it a sell, and 7 rate it a hold.

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

TheStreet Quant Ratings rates Firstmerit as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, good cash flow from operations, growth in earnings per share, expanding profit margins and attractive valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Firstmerit 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.

Pier 1 Imports (PIR) - FREE Research Report

Turner Charles H, who is Sr. Exec. Vice President & CFO at Pier 1 Imports, sold 3,000 shares at $13.31 on Dec. 11, 2014. Following this transaction, the Sr. Exec. Vice President & CFO owned 209,170 shares meaning that the stake was reduced by 1.41% with the 3,000-share transaction.

The shares most recently traded at $13.42, up $0.11, or 0.82% since the insider transaction. Historical insider transactions for Pier 1 Imports go as follows:

  • 4-Week # shares bought: 2,600
  • 4-Week # shares sold: 3,000
  • 12-Week # shares bought: 2,600
  • 12-Week # shares sold: 6,000
  • 24-Week # shares bought: 2,600
  • 24-Week # shares sold: 14,500

The average volume for Pier 1 Imports has been 2.6 million shares per day over the past 30 days. Pier 1 Imports has a market cap of $1.2 billion and is part of the services sector and retail industry. Shares are down 42.89% year-to-date as of the close of trading on Wednesday.

Pier 1 Imports, Inc. is engaged in the retail sale of decorative home furnishings, furniture, gifts, and related products. The stock currently has a dividend yield of 1.81%. The company has a P/E ratio of 14.4. Currently, there are 4 analysts who rate Pier 1 Imports a buy, 1 analyst rates it a sell, and 9 rate it a hold.

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

TheStreet Quant Ratings rates Pier 1 Imports as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and weak operating cash flow. Get the full Pier 1 Imports 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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