Insider Trading Alert - FRME, TREC And SBSI 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.

Yesterday, May 5, 2015, 84 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $500.00 to $1,572,413.89.

Highlighted Stocks Traded by Insiders:

First Merchants (FRME) - FREE Research Report

Sherman Patrick A, who is Director at First Merchants, bought 22 shares at $22.83 on May 5, 2015. Following this transaction, the Director owned 28,353 shares meaning that the stake was boosted by 0.08% with the 22-share transaction.

Lehman Gary, who is Director at First Merchants, bought 73 shares at $22.83 on May 5, 2015. Following this transaction, the Director owned 23,646 shares meaning that the stake was boosted by 0.31% with the 73-share transaction.

The shares most recently traded at $22.45, down $0.38, or 1.67% since the insider transaction. Historical insider transactions for First Merchants go as follows:

  • 4-Week # shares bought: 166
  • 4-Week # shares sold: 1,600
  • 12-Week # shares bought: 261
  • 12-Week # shares sold: 4,600
  • 24-Week # shares bought: 618
  • 24-Week # shares sold: 4,600

The average volume for First Merchants has been 68,900 shares per day over the past 30 days. First Merchants has a market cap of $843.5 million and is part of the financial sector and banking industry. Shares are down 1.8% year-to-date as of the close of trading on Tuesday.

First Merchants Corporation operates as the financial holding company for First Merchants Bank, National Association that provides community banking services. The stock currently has a dividend yield of 1.43%. The company has a P/E ratio of 13.5. Currently, there are 2 analysts who rate First Merchants a buy, no analysts rate it a sell, and 3 rate it a hold.

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

TheStreet Quant Ratings rates First Merchants as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, growth in earnings per share, compelling growth in net income and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full First Merchants Ratings Report from TheStreet Quant Ratings now.

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Trecora Resources (TREC) - FREE Research Report

Upfill-Brown Simon H, who is Executive Vice President at Trecora Resources, bought 2,700 shares at $12.27 on May 5, 2015. Following this transaction, the Executive Vice President owned 32,999 shares meaning that the stake was boosted by 8.91% with the 2,700-share transaction.

The shares most recently traded at $11.62, down $0.65, or 5.59% since the insider transaction. Historical insider transactions for Trecora Resources go as follows:

  • 4-Week # shares sold: 17,800
  • 12-Week # shares bought: 4,000
  • 12-Week # shares sold: 17,800
  • 24-Week # shares bought: 4,000
  • 24-Week # shares sold: 17,800

The average volume for Trecora Resources has been 62,900 shares per day over the past 30 days. Trecora Resources has a market cap of $292.9 million and is part of the basic materials sector and chemicals industry. Shares are down 18.16% year-to-date as of the close of trading on Tuesday.

Trecora Resources primarily manufactures and sells various specialty petrochemical products and synthetic waxes in the United States. The company operates in two segments: Specialty Petrochemical and Specialty Synthetic Wax. The company has a P/E ratio of 19.1. Currently, there are 2 analysts who rate Trecora Resources a buy, no analysts rate it a sell, and none rate it a hold.

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

TheStreet Quant Ratings rates Trecora Resources as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, increase in net income, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Trecora Resources Ratings Report from TheStreet Quant Ratings now.

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Southside (SBSI) - FREE Research Report

Powell Paul, who is Director at Southside, bought 1,792 shares at $26.56 on May 5, 2015. Following this transaction, the Director owned 65,000 shares meaning that the stake was boosted by 2.84% with the 1,792-share transaction.

The shares most recently traded at $26.78, up $0.22, or 0.83% since the insider transaction. Historical insider transactions for Southside go as follows:

  • 4-Week # shares bought: 205
  • 4-Week # shares sold: 1,500
  • 12-Week # shares bought: 205
  • 12-Week # shares sold: 1,500
  • 24-Week # shares bought: 248
  • 24-Week # shares sold: 1,500

The average volume for Southside has been 90,400 shares per day over the past 30 days. Southside has a market cap of $663.0 million and is part of the financial sector and banking industry. Shares are down 9.41% year-to-date as of the close of trading on Tuesday.

Southside Bancshares, Inc. operates as the holding company for Southside Bank that provides financial products and services to individuals, businesses, municipal entities, and nonprofit organizations. The stock currently has a dividend yield of 3.51%. The company has a P/E ratio of 26.2. Currently, there are no analysts who rate Southside a buy, no analysts rate it a sell, and 2 rate it a hold.

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

TheStreet Quant Ratings rates Southside as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Southside Ratings Report from TheStreet Quant Ratings now.

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