Insider Trading Alert - IRG, TIPT And GPN 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, June 1, 2015, 100 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $181.50 to $4,800,000.00.

Highlighted Stocks Traded by Insiders:

Ignite Restaurant Group (IRG) - FREE Research Report

Blanchette Raymond A. III, who is President and CEO at Ignite Restaurant Group, bought 12,630 shares at $3.84 on June 1, 2015. Following this transaction, the President and CEO owned 827,833 shares meaning that the stake was boosted by 1.55% with the 12,630-share transaction.

The shares most recently traded at $4.15, up $0.31, or 7.51% since the insider transaction.

The average volume for Ignite Restaurant Group has been 126,500 shares per day over the past 30 days. Ignite Restaurant Group has a market cap of $96.7 million and is part of the services sector and leisure industry. Shares are down 52.73% year-to-date as of the close of trading on Monday.

Ignite Restaurant Group, Inc., a diversified restaurant company, operates a portfolio of restaurants in the United States. The company operates three restaurants under the Joe's Crab Shack, Brick House Tavern + Tap, and Romano's Macaroni Grill brands. Currently, there is 1 analyst who rates Ignite Restaurant Group a buy, 1 analyst rates it a sell, and 4 rate it a hold.

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

TheStreet Quant Ratings rates Ignite Restaurant Group as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, disappointing return on equity, poor profit margins and generally disappointing historical performance in the stock itself. Get the full Ignite Restaurant Group Ratings Report from TheStreet Quant Ratings now.

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Tiptree Financial (TIPT) - FREE Research Report

Barnes Michael Gene, who is Executive Chairman at Tiptree Financial, bought 7,332 shares at $6.74 on June 1, 2015. Following this transaction, the Executive Chairman owned 1.3 million shares meaning that the stake was boosted by 0.58% with the 7,332-share transaction.

The shares most recently traded at $6.70, down $0.04, or 0.53% since the insider transaction. Historical insider transactions for Tiptree Financial go as follows:

  • 4-Week # shares bought: 49,713
  • 12-Week # shares bought: 142,195
  • 24-Week # shares bought: 195,461

The average volume for Tiptree Financial has been 24,700 shares per day over the past 30 days. Tiptree Financial has a market cap of $213.7 million and is part of the financial sector and insurance industry. Shares are down 17.41% year-to-date as of the close of trading on Monday.

TipTree Financial Inc., formerly Care Investment Trust, operates as a real estate investment trust (REIT). It engages in originating and acquiring healthcare-related real estate and commercial mortgage debt. The stock currently has a dividend yield of 1.49%.

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

TheStreet Quant Ratings rates Tiptree Financial as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, poor profit margins and generally disappointing historical performance in the stock itself. Get the full Tiptree Financial Ratings Report from TheStreet Quant Ratings now.

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Global Payments (GPN) - FREE Research Report

Jacobs William I, who is Director at Global Payments, sold 600 shares at $104.70 on June 1, 2015. Following this transaction, the Director owned 28,260 shares meaning that the stake was reduced by 2.08% with the 600-share transaction.

The shares most recently traded at $105.41, up $0.71, or 0.67% since the insider transaction. Historical insider transactions for Global Payments go as follows:

  • 4-Week # shares bought: 1,000
  • 4-Week # shares sold: 600
  • 12-Week # shares bought: 1,000
  • 12-Week # shares sold: 7,460
  • 24-Week # shares bought: 1,000
  • 24-Week # shares sold: 20,710

The average volume for Global Payments has been 596,100 shares per day over the past 30 days. Global Payments has a market cap of $6.9 billion and is part of the services sector and diversified services industry. Shares are up 29.74% year-to-date as of the close of trading on Monday.

Global Payments Inc. provides electronic payments transaction processing services. The company operates in two segments, North America Merchant Services and International Merchant Services. The stock currently has a dividend yield of 0.08%. The company has a P/E ratio of 27.1. Currently, there are 6 analysts who rate Global Payments a buy, 1 analyst rates it a sell, and 13 rate it a hold.

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

TheStreet Quant Ratings rates Global Payments as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, increase in net income and reasonable valuation levels. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Global Payments Ratings Report from TheStreet Quant Ratings now.

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