Insider Trading Alert - CNOB, BKEP And ARRS 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. 12, 2014, 103 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $33.00 to $9,071,220.00.

Highlighted Stocks Traded by Insiders:

ConnectOne Bancorp (CNOB) - FREE Research Report

Schechter Harold, who is Director at ConnectOne Bancorp, sold 3,473 shares at $18.43 on Dec. 12, 2014. Following this transaction, the Director owned 8,683 shares meaning that the stake was reduced by 28.57% with the 3,473-share transaction.

The shares most recently traded at $18.36, down $0.07, or 0.36% since the insider transaction. Historical insider transactions for ConnectOne Bancorp go as follows:

  • 4-Week # shares bought: 2,500
  • 4-Week # shares sold: 2,476
  • 12-Week # shares bought: 229
  • 12-Week # shares sold: 2,476
  • 24-Week # shares bought: 229
  • 24-Week # shares sold: 145,453

The average volume for ConnectOne Bancorp has been 77,100 shares per day over the past 30 days. ConnectOne Bancorp has a market cap of $534.2 million and is part of the financial sector and banking industry. Shares are down 54.81% year-to-date as of the close of trading on Friday.

ConnectOne Bancorp, Inc. operates as the bank holding company for Union Center National Bank, that provides various banking services to commercial, industrial, and governmental customers in New Jersey. The stock currently has a dividend yield of 1.68%. The company has a P/E ratio of 15.7.

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

Blueknight Energy Partners (BKEP) - FREE Research Report

Stallings Alex G, who is CFO & Sec. of GP of Issuer at Blueknight Energy Partners, bought 1,000 shares at $6.27 on Dec. 12, 2014. Following this transaction, the CFO & Sec. of GP of Issuer owned 132,913 shares meaning that the stake was boosted by 0.76% with the 1,000-share transaction.

The shares most recently traded at $6.43, up $0.16, or 2.49% since the insider transaction. Historical insider transactions for Blueknight Energy Partners go as follows:

  • 4-Week # shares bought: 14,500
  • 4-Week # shares sold: 3,000
  • 12-Week # shares bought: 14,500
  • 12-Week # shares sold: 3,000
  • 24-Week # shares bought: 38,500
  • 24-Week # shares sold: 22,000

The average volume for Blueknight Energy Partners has been 202,300 shares per day over the past 30 days. Blueknight Energy Partners has a market cap of $206.8 million and is part of the basic materials sector and energy industry. Shares are down 25.85% year-to-date as of the close of trading on Thursday.

Blueknight Energy Partners, L.P., together with its subsidiaries, provides integrated terminalling, storage, processing, gathering, and transportation services for companies engaged in the production, distribution, and marketing of crude oil and asphalt products in the United States. The stock currently has a dividend yield of 8.53%. The company has a P/E ratio of 8.9. Currently, there is 1 analyst who rates Blueknight Energy Partners a buy, 1 analyst rates it a sell, and 1 rates it a hold.

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

TheStreet Quant Ratings rates Blueknight Energy Partners as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and generally higher debt management risk. Get the full Blueknight Energy Partners 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.

ARRIS Group (ARRS) - FREE Research Report

Brennan James R, who is SVP, Global Supply Chain at ARRIS Group, sold 3,869 shares at $28.55 on Dec. 12, 2014. Following this transaction, the SVP, Global Supply Chain owned 0 shares meaning that the stake was reduced by 100% with the 3,869-share transaction.

The shares most recently traded at $27.72, down $0.83, or 2.99% since the insider transaction. Historical insider transactions for ARRIS Group go as follows:

  • 4-Week # shares sold: 10,000
  • 12-Week # shares sold: 48,040
  • 24-Week # shares bought: 4,100
  • 24-Week # shares sold: 58,040

The average volume for ARRIS Group has been 1.6 million shares per day over the past 30 days. ARRIS Group has a market cap of $4.1 billion and is part of the technology sector and telecommunications industry. Shares are up 15.16% year-to-date as of the close of trading on Thursday.

ARRIS Group, Inc. provides media entertainment and data communications solutions in the United States and internationally. The company operates in two segments, Customer Premises Equipment and Network & Cloud. The company has a P/E ratio of 31.5. Currently, there are 6 analysts who rate ARRIS Group a buy, no analysts rate it a sell, and 2 rate it a hold.

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

TheStreet Quant Ratings rates ARRIS Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, good cash flow from operations, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full ARRIS Group 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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