Insider Trading Alert - NTK, OKE And UHS 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 11, 2015, 93 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $1,570.00 to $275,612,220.00.

Highlighted Stocks Traded by Insiders:

Nortek (NTK) - FREE Research Report

Donnelly Kevin W, who is SVP, GC and Secretary at Nortek, sold 2,500 shares at $80.28 on May 11, 2015. Following this transaction, the SVP, GC and Secretary owned 60,973 shares meaning that the stake was reduced by 3.94% with the 2,500-share transaction.

The shares most recently traded at $78.83, down $1.45, or 1.84% since the insider transaction. Historical insider transactions for Nortek go as follows:

  • 4-Week # shares sold: 900
  • 12-Week # shares sold: 3,400
  • 24-Week # shares sold: 4,400

The average volume for Nortek has been 15,400 shares per day over the past 30 days. Nortek has a market cap of $1.3 billion and is part of the industrial goods sector and materials & construction industry. Shares are down 1.73% year-to-date as of the close of trading on Monday.

Nortek, Inc. manufactures and sells products for remodeling and replacement, residential and commercial new construction, and personal and enterprise computer markets in the United States, Canada, and Europe. Currently, there are 2 analysts who rate Nortek a buy, no analysts rate it a sell, and 1 rates it a hold.

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

TheStreet Quant Ratings rates Nortek as a hold. Among the primary strengths of the company is its revenue growth. At the same time, however, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. Get the full Nortek Ratings Report from TheStreet Quant Ratings now.

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