Insider Trading Alert - PACW, CNBKA And FRED 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 3, 2015, 102 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $0.88 to $2,000,000.00.

Highlighted Stocks Traded by Insiders:

PacWest Bancorp (PACW) - FREE Research Report

Corsini Bryan M, who is EVP, Chief Credit Officer at PacWest Bancorp, sold 8,000 shares at $45.29 on June 3, 2015. Following this transaction, the EVP, Chief Credit Officer owned 64,355 shares meaning that the stake was reduced by 11.06% with the 8,000-share transaction.

The shares most recently traded at $45.90, up $0.61, or 1.32% since the insider transaction. Historical insider transactions for PacWest Bancorp go as follows:

  • 4-Week # shares bought: 8,000
  • 4-Week # shares sold: 158,416
  • 12-Week # shares bought: 8,000
  • 12-Week # shares sold: 158,416
  • 24-Week # shares bought: 8,000
  • 24-Week # shares sold: 163,416

The average volume for PacWest Bancorp has been 731,000 shares per day over the past 30 days. PacWest Bancorp has a market cap of $4.7 billion and is part of the financial sector and banking industry. Shares are up 1.36% year-to-date as of the close of trading on Wednesday.

PacWest Bancorp operates as the holding company for Pacific Western Bank that provides commercial banking products and services to individuals, professionals, and small to mid-sized businesses in the United States. It accepts demand, money market, and time deposits. The stock currently has a dividend yield of 4.42%. The company has a P/E ratio of 21.8. Currently, there are 6 analysts who rate PacWest Bancorp a buy, no analysts rate it a sell, and none rate it a hold.

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

TheStreet Quant Ratings rates PacWest Bancorp 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, good cash flow from operations and increase in stock price during the past year. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full PacWest Bancorp Ratings Report from TheStreet Quant Ratings now.

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Century Bancorp (CNBKA) - FREE Research Report

Filler James J, who is 10% Owner at Century Bancorp, bought 378 shares at $38.75 on June 3, 2015. Following this transaction, the 10% Owner owned 412,559 shares meaning that the stake was boosted by 0.09% with the 378-share transaction.

The shares most recently traded at $39.20, up $0.45, or 1.15% since the insider transaction. Historical insider transactions for Century Bancorp go as follows:

  • 4-Week # shares bought: 4,220
  • 12-Week # shares bought: 12,903
  • 24-Week # shares bought: 23,232

The average volume for Century Bancorp has been 2,800 shares per day over the past 30 days. Century Bancorp has a market cap of $140.1 million and is part of the financial sector and banking industry. Shares are down 2.67% year-to-date as of the close of trading on Tuesday.

Century Bancorp, Inc. operates as the bank holding company for Century Bank and Trust Company that provides banking products and services to commercial enterprises, state and local governments and agencies, nonprofit organizations, and individuals in Massachusetts. The stock currently has a dividend yield of 1.23%. The company has a P/E ratio of 9.9.

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

TheStreet Quant Ratings rates Century Bancorp as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, good cash flow from operations, growth in earnings per share and expanding profit margins. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Century Bancorp Ratings Report from TheStreet Quant Ratings now.

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Fred's (FRED) - FREE Research Report

Garner Ben, who is Vp at Fred's, sold 532 shares at $17.78 on June 3, 2015. Following this transaction, the Vp owned 1,104 shares meaning that the stake was reduced by 32.52% with the 532-share transaction.

The shares most recently traded at $18.48, up $0.70, or 3.79% since the insider transaction. Historical insider transactions for Fred's go as follows:

  • 4-Week # shares bought: 1,250
  • 4-Week # shares sold: 538
  • 12-Week # shares bought: 3,750
  • 12-Week # shares sold: 24,143
  • 24-Week # shares bought: 4,652
  • 24-Week # shares sold: 35,262

The average volume for Fred's has been 168,300 shares per day over the past 30 days. Fred's has a market cap of $661.0 million and is part of the services sector and retail industry. Shares are up 4.19% year-to-date as of the close of trading on Wednesday.

Fred's, Inc., together with its subsidiaries, sells general merchandise through its retail discount stores and full service pharmacies. The stock currently has a dividend yield of 1.35%. Currently, there are no analysts who rate Fred's a buy, no analysts rate it a sell, and 6 rate it a hold.

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

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

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