Insider Trading Alert - IIIN, CTXS And TIPT Traded By Insiders

Yesterday, March 1, 2016, 87 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $120.60 to $482,600,000.00.

Highlighted Stocks Traded by Insiders:

Insteel Industries (IIIN) - FREE Research Report

Rogers W Allen Ii, who is Director at Insteel Industries, sold 2,500 shares at $26.00 on March 1, 2016. Following this transaction, the Director owned 79,613 shares meaning that the stake was reduced by 3.04% with the 2,500-share transaction.

The shares most recently traded at $26.84, up $0.84, or 3.13% since the insider transaction. Historical insider transactions for Insteel Industries go as follows:

  • 4-Week # shares bought: 2,000
  • 4-Week # shares sold: 1,266
  • 12-Week # shares bought: 2,000
  • 12-Week # shares sold: 1,266
  • 24-Week # shares bought: 2,000
  • 24-Week # shares sold: 17,738

The average volume for Insteel Industries has been 117,900 shares per day over the past 30 days. Insteel Industries has a market cap of $487.0 million and is part of the basic materials sector and metals & mining industry. Shares are up 24.71% year-to-date as of the close of trading on Tuesday.

Insteel Industries, Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. The company markets pre-stressed concrete strand (PC strand) and welded wire reinforcement (WWR). The stock currently has a dividend yield of 0.46%. The company has a P/E ratio of 20.3. Currently, there are no analysts who rate Insteel Industries a buy, no analysts rate it a sell, and none rate it a hold.

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

TheStreet Quant Ratings rates Insteel Industries as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. We feel its strengths outweigh the fact that the company shows low profit margins. Get the full Insteel Industries Ratings Report from TheStreet Quant Ratings now.

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