Insider Trading Alert - Brown & Brown And 4 Others Traded By Insiders
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Yesterday, Sept. 5, 2013, 166 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $1.00 to $287,182,000.00.
Highlighted Stocks Traded by Insiders:
Proctor H Palmer Jr who is Director at Brown & Brown bought 1,000 shares at $30.75 on Sept. 5, 2013. Following this transaction, the Director owned 5,100 shares meaning that the stake was reduced by 24.39% with the 1,000 share transaction.
The shares most recently traded at $31.55, up $0.80, or 2.54% since the insider transaction. Historical insider transactions for Brown & Brown go as follows:
- 24-Week # shares sold: 82,298
The average volume for Brown & Brown has been 699,300 shares per day over the past 30 days. Brown & Brown has a market cap of $4.5 billion and is part of the financial sector and insurance industry. Shares are up 22.27% year to date as of the close of trading on Thursday.
Brown & Brown, Inc. engages in the marketing and sale of insurance products and services in the United States. Its Retail division provides insurance products and services to commercial, public and quasi-public entity, professional, and individual customers. The stock currently has a dividend yield of 1.17%. The company has a P/E ratio of 22.0. Currently there are 7 analysts that rate Brown & Brown a buy, no analysts rate it a sell, and 7 rate it a hold.
TheStreet Quant Ratings rates Brown & Brown as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, compelling growth in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Brown & Brown Ratings Report from TheStreet Quant Ratings now.