Insider Trading Alert - CRUS, CNC And LVLT 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 6, 2015, 74 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $199.44 to $8,899,995.42.

Highlighted Stocks Traded by Insiders:

Cirrus Logic (CRUS) - FREE Research Report

Sherman William D, who is Director at Cirrus Logic, sold 280 shares at $35.80 on May 6, 2015. Following this transaction, the Director owned 12,154 shares meaning that the stake was reduced by 2.25% with the 280-share transaction.

The shares most recently traded at $35.79, down $0.01, or 0.03% since the insider transaction. Historical insider transactions for Cirrus Logic go as follows:

  • 4-Week # shares bought: 5,000
  • 4-Week # shares sold: 312
  • 12-Week # shares bought: 5,000
  • 12-Week # shares sold: 25,089
  • 24-Week # shares bought: 5,000
  • 24-Week # shares sold: 47,988

The average volume for Cirrus Logic has been 1.1 million shares per day over the past 30 days. Cirrus Logic has a market cap of $2.2 billion and is part of the technology sector and electronics industry. Shares are up 47.69% year-to-date as of the close of trading on Wednesday.

Cirrus Logic, Inc., a fabless semiconductor company, develops analog and mixed-signal integrated circuits (ICs) for a range of consumer and industrial markets. The company has a P/E ratio of 13.0. Currently, there are 3 analysts who rate Cirrus Logic a buy, no analysts rate it a sell, and 3 rate it a hold.

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

TheStreet Quant Ratings rates Cirrus Logic 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, increase in net income, solid stock price performance 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 Cirrus Logic Ratings Report from TheStreet Quant Ratings now.

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Centene (CNC) - FREE Research Report

Imholz Donald G, who is EVP, Operations and CIO at Centene, sold 5,000 shares at $65.08 on May 6, 2015. Following this transaction, the EVP, Operations and CIO owned 170,822 shares meaning that the stake was reduced by 2.84% with the 5,000-share transaction.

The shares most recently traded at $63.98, down $1.10, or 1.72% since the insider transaction. Historical insider transactions for Centene go as follows:

  • 4-Week # shares bought: 17,600
  • 4-Week # shares sold: 20,000
  • 12-Week # shares bought: 17,600
  • 12-Week # shares sold: 55,000
  • 24-Week # shares bought: 17,600
  • 24-Week # shares sold: 70,900

The average volume for Centene has been 1.2 million shares per day over the past 30 days. Centene has a market cap of $7.5 billion and is part of the health care sector and health services industry. Shares are up 21.91% year-to-date as of the close of trading on Wednesday.

Centene Corporation operates as a diversified, multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. It operates in two segments, Managed Care and Specialty Services. The company has a P/E ratio of 25.7. Currently, there are 7 analysts who rate Centene a buy, no analysts rate it a sell, and 8 rate it a hold.

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

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

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Level 3 Communications (LVLT) - FREE Research Report

Ellis James O Jr, who is Director at Level 3 Communications, sold 1,793 shares at $55.84 on May 6, 2015. Following this transaction, the Director owned 57,790 shares meaning that the stake was reduced by 3.01% with the 1,793-share transaction.

The shares most recently traded at $55.90, up $0.06, or 0.11% since the insider transaction. Historical insider transactions for Level 3 Communications go as follows:

  • 4-Week # shares bought: 8.4 million
  • 4-Week # shares sold: 6,000
  • 12-Week # shares bought: 8.4 million
  • 12-Week # shares sold: 21,000
  • 24-Week # shares bought: 8.4 million
  • 24-Week # shares sold: 50,166

The average volume for Level 3 Communications has been 1.8 million shares per day over the past 30 days. Level 3 Communications has a market cap of $19.8 billion and is part of the technology sector and telecommunications industry. Shares are up 12.98% year-to-date as of the close of trading on Wednesday.

Level 3 Communications, Inc., together with its subsidiaries, operates as a facilities-based provider of a range of integrated communications services primarily in North America, Latin America, Europe, the Middle East, and Africa. The company has a P/E ratio of 51.2. Currently, there are 8 analysts who rate Level 3 Communications a buy, no analysts rate it a sell, and 6 rate it a hold.

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TheStreet Quant Ratings rates Level 3 Communications as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and good cash flow from operations. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Level 3 Communications Ratings Report from TheStreet Quant Ratings now.

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Data for this article provided by Zacks Investment Research

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