Insider Trading Alert - SNX, IPAS And CARB Traded By Insiders

Yesterday, March 2, 2016, 118 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $267.02 to $8,394,878.24.

Highlighted Stocks Traded by Insiders:

Synnex (SNX) - FREE Research Report

Leung Simon, who is SVP, GC & Corporate Secretary at Synnex, sold 1,000 shares at $94.71 on March 2, 2016. Following this transaction, the SVP, GC & Corporate Secretary owned 28,819 shares meaning that the stake was reduced by 3.35% with the 1,000-share transaction.

Polk Dennis, who is Chief Operating Officer at Synnex, sold 1,000 shares at $94.56 on March 2, 2016. Following this transaction, the Chief Operating Officer owned 70,197 shares meaning that the stake was reduced by 1.4% with the 1,000-share transaction.

The shares most recently traded at $96.13, up $1.57, or 1.63% since the insider transaction. Historical insider transactions for Synnex go as follows:

  • 4-Week # shares sold: 1,750
  • 12-Week # shares sold: 2,500
  • 24-Week # shares sold: 4,750

The average volume for Synnex has been 343,200 shares per day over the past 30 days. Synnex has a market cap of $3.8 billion and is part of the services sector and diversified services industry. Shares are up 7.05% year-to-date as of the close of trading on Wednesday.

SYNNEX Corporation provides business process services to resellers, retailers, original equipment manufacturers, and financial and insurance institutions in the United States, North and South America, the Asia-Pacific, Europe, and internationally. The stock currently has a dividend yield of 0.83%. The company has a P/E ratio of 18.3. Currently, there is 1 analyst who rates Synnex a buy, 1 analyst rates it a sell, and 3 rate it a hold.

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

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

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iPass (IPAS) - FREE Research Report

Tedesco Michael, who is Director at iPass, bought 15,000 shares at $0.98 on March 2, 2016. Following this transaction, the Director owned 85,000 shares meaning that the stake was boosted by 21.43% with the 15,000-share transaction.

The shares most recently traded at $0.99, up $0.01, or 0.94% since the insider transaction. Historical insider transactions for iPass go as follows:

  • 4-Week # shares bought: 30,000
  • 4-Week # shares sold: 130,249
  • 12-Week # shares bought: 30,000
  • 12-Week # shares sold: 130,249
  • 24-Week # shares bought: 30,000
  • 24-Week # shares sold: 130,249

The average volume for iPass has been 93,100 shares per day over the past 30 days. iPass has a market cap of $62.6 million and is part of the technology sector and telecommunications industry. Shares are down 2.96% year-to-date as of the close of trading on Wednesday.

iPass Inc. provides Wi-Fi network that enables Wi-Fi access on various mobile devices in the United States and internationally. Currently, there is 1 analyst who rates iPass a buy, no analysts rate it a sell, and 1 rates it a hold.

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

TheStreet Quant Ratings rates iPass as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity and weak operating cash flow. Get the full iPass Ratings Report from TheStreet Quant Ratings now.

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Carbonite (CARB) - FREE Research Report

Daniels Scott Andrew, who is Director at Carbonite, bought 4,000 shares at $7.58 on March 2, 2016. Following this transaction, the Director owned 16,500 shares meaning that the stake was boosted by 32% with the 4,000-share transaction.

The shares most recently traded at $8.00, up $0.42, or 5.25% since the insider transaction. Historical insider transactions for Carbonite go as follows:

  • 4-Week # shares bought: 11,500
  • 4-Week # shares sold: 11,412
  • 12-Week # shares bought: 11,500
  • 12-Week # shares sold: 35,136
  • 24-Week # shares bought: 11,500
  • 24-Week # shares sold: 42,582

The average volume for Carbonite has been 106,300 shares per day over the past 30 days. Carbonite has a market cap of $213.9 million and is part of the technology sector and computer software & services industry. Shares are down 19.39% year-to-date as of the close of trading on Wednesday.

Carbonite, Inc. provides cloud and hybrid backup solutions to small and medium sized businesses and individuals in the United States. The company has a P/E ratio of 52.3. Currently, there are 2 analysts who rate Carbonite a buy, 1 analyst rates it a sell, and 2 rate it a hold.

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

TheStreet Quant Ratings rates Carbonite as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself. Get the full Carbonite Ratings Report from TheStreet Quant Ratings now.

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