Insider Trading Alert - HNT, EBIX And PE 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, June 26, 2015, 33 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $2,737.60 to $123,000,000.00.

Highlighted Stocks Traded by Insiders:

Health Net (HNT) - FREE Research Report

Yeager Frederick C, who is Director at Health Net, sold 532 shares at $64.35 on June 26, 2015. Following this transaction, the Director owned 17,352 shares meaning that the stake was reduced by 2.97% with the 532-share transaction.

The shares most recently traded at $63.65, down $0.70, or 1.1% since the insider transaction. Historical insider transactions for Health Net go as follows:

  • 4-Week # shares sold: 42,173
  • 12-Week # shares sold: 104,364
  • 24-Week # shares sold: 125,163

The average volume for Health Net has been 583,800 shares per day over the past 30 days. Health Net has a market cap of $5.0 billion and is part of the health care sector and health services industry. Shares are up 19.13% year-to-date as of the close of trading on Friday.

Health Net, Inc. provides managed health care services through health plans and government-sponsored managed care plans in the United States. It operates through Western Region Operations and Government Contracts segments. The company has a P/E ratio of 35.7. Currently, there are 3 analysts who rate Health Net a buy, 1 analyst rates it a sell, and 7 rate it a hold.

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

TheStreet Quant Ratings rates Health Net as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Health Net Ratings Report from TheStreet Quant Ratings now.

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