Insider Trading Alert - CUDA, SGC And TIPT 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 7, 2015, 75 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $130.56 to $50,650,057.80.

Highlighted Stocks Traded by Insiders:

Barracuda Networks (CUDA) - FREE Research Report

Driggs Dustin, who is Shareholder at Barracuda Networks, sold 2,087 shares at $40.05 on May 7, 2015. Following this transaction, the Shareholder owned 14,250 shares meaning that the stake was reduced by 12.77% with the 2,087-share transaction.

The shares most recently traded at $40.16, up $0.11, or 0.28% since the insider transaction. Historical insider transactions for Barracuda Networks go as follows:

  • 4-Week # shares sold: 50,370
  • 12-Week # shares sold: 780,236
  • 24-Week # shares sold: 1.1 million

The average volume for Barracuda Networks has been 438,700 shares per day over the past 30 days. Barracuda Networks has a market cap of $2.1 billion and is part of the technology sector and telecommunications industry. Shares are up 10.16% year-to-date as of the close of trading on Thursday.

Barracuda Networks, Inc. designs and delivers security and storage solutions. It offers cloud-connected solutions that help its customers address security threats, enhance network performance, and protect and store their data. Currently, there are 8 analysts who rate Barracuda Networks a buy, no analysts rate it a sell, and 1 rates it a hold.

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

TheStreet Quant Ratings rates Barracuda Networks as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and feeble growth in the company's earnings per share. Get the full Barracuda Networks Ratings Report from TheStreet Quant Ratings now.

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