Insider Trading Alert - CXO, CVA And NI 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.

Friday, May 22, 2015, 89 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $1,297.00 to $237,892,500.00.

Highlighted Stocks Traded by Insiders:

Concho Resources (CXO) - FREE Research Report

Schroer Brenda R, who is VP and CAO at Concho Resources, sold 800 shares at $121.21 on May 22, 2015. Following this transaction, the VP and CAO owned 8,170 shares meaning that the stake was reduced by 8.92% with the 800-share transaction.

The shares most recently traded at $119.32, down $1.89, or 1.58% since the insider transaction. Historical insider transactions for Concho Resources go as follows:

  • 4-Week # shares bought: 2,000
  • 4-Week # shares sold: 13,353
  • 12-Week # shares bought: 2,000
  • 12-Week # shares sold: 13,353
  • 24-Week # shares bought: 2,000
  • 24-Week # shares sold: 13,353

The average volume for Concho Resources has been 1.4 million shares per day over the past 30 days. Concho Resources has a market cap of $14.6 billion and is part of the basic materials sector and energy industry. Shares are up 21.79% year-to-date as of the close of trading on Friday.

Concho Resources Inc., an independent oil and natural gas company, acquires, develops, and explores for oil and natural gas properties in the Unites States. The company's principal operating areas are located in the Permian Basin of southeast New Mexico and West Texas. The company has a P/E ratio of 29.9. Currently, there are 17 analysts who rate Concho Resources a buy, no analysts rate it a sell, and 4 rate it a hold.

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

TheStreet Quant Ratings rates Concho Resources as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and disappointing return on equity. Get the full Concho Resources Ratings Report from TheStreet Quant Ratings now.

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Covanta (CVA) - FREE Research Report

Broglio Ronald J, who is Director at Covanta, sold 4,700 shares at $22.67 on May 22, 2015. Following this transaction, the Director owned 4,529 shares meaning that the stake was reduced by 50.93% with the 4,700-share transaction.

The shares most recently traded at $22.19, down $0.48, or 2.17% since the insider transaction. Historical insider transactions for Covanta go as follows:

  • 4-Week # shares sold: 4,700
  • 12-Week # shares sold: 144,700
  • 24-Week # shares sold: 144,700

The average volume for Covanta has been 749,500 shares per day over the past 30 days. Covanta has a market cap of $3.0 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 3.27% year-to-date as of the close of trading on Friday.

Covanta Holding Corporation provides waste and energy services to municipal entities primarily worldwide. It owns and operates infrastructure for the conversion of waste to energy, as well as engages in other waste disposal and renewable energy production businesses. The stock currently has a dividend yield of 4.4%. Currently, there are 7 analysts who rate Covanta a buy, no analysts rate it a sell, and 2 rate it a hold.

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

TheStreet Quant Ratings rates Covanta as a hold. Among the primary strengths of the company is its solid stock price performance. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Covanta Ratings Report from TheStreet Quant Ratings now.

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NiSource (NI) - FREE Research Report

Kittrell Marty R, who is Director at NiSource, sold 3,000 shares at $47.58 on May 22, 2015. Following this transaction, the Director owned 3,973 shares meaning that the stake was reduced by 43.02% with the 3,000-share transaction.

The shares most recently traded at $46.91, down $0.67, or 1.43% since the insider transaction. Historical insider transactions for NiSource go as follows:

  • 4-Week # shares sold: 3,000
  • 12-Week # shares bought: 1,000
  • 12-Week # shares sold: 3,000
  • 24-Week # shares bought: 1,000
  • 24-Week # shares sold: 10,808

The average volume for NiSource has been 2.1 million shares per day over the past 30 days. NiSource has a market cap of $15.0 billion and is part of the utilities sector and utilities industry. Shares are up 11.55% year-to-date as of the close of trading on Friday.

NiSource Inc., an energy holding company, provides natural gas, electricity, and other products and services in the United States. It operates through three segments: Gas Distribution Operations, Columbia Pipeline Group Operations, and Electric Operations. The stock currently has a dividend yield of 2.2%. The company has a P/E ratio of 28.3. Currently, there are 2 analysts who rate NiSource a buy, no analysts rate it a sell, and 6 rate it a hold.

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

TheStreet Quant Ratings rates NiSource as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, increase in net income and solid stock price performance. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full NiSource Ratings Report from TheStreet Quant Ratings now.

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