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Monday, September 12, 2011

Recent Insider Buying Detected: (FFIN), (DNP), (PHM), (BAC), (BLC)

Shares of First Financial Bankshares Inc. (FFIN) fell by 0.78% or $-0.21/share to $26.55. In the past year, the shares have traded as low as $26.40 and as high as $36.98. On average, 133650 shares of FFIN exchange hands on a given day and today's volume is recorded at 80965. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $30.92 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.76%.

Shares of DNP Select Income Fund Inc. (DNP) fell by 0.4% or $-0.04/share to $10.01. In the past year, the shares have traded as low as $8.46 and as high as $10.06. On average, 378690 shares of DNP exchange hands on a given day and today's volume is recorded at 439376. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $9.82 area where the stock will likely see buying pressure. The stock has insider ownership of 0.01%.

Shares of PulteGroup, Inc. (PHM) fell by 2.56% or $-0.11/share to $4.19. In the past year, the shares have traded as low as $3.40 and as high as $8.99. On average, 10833270 shares of PHM exchange hands on a given day and today's volume is recorded at 13734514. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $5.79 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.62%.

Shares of Bank of America Corporation (BAC) fell by 1.6% or $-0.11/share to $6.87. In the past year, the shares have traded as low as $6.00 and as high as $15.27. On average, 253566780 shares of BAC exchange hands on a given day and today's volume is recorded at 218583472. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $8.72 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.02%.

Shares of Belo Corp. (BLC) fell by 1.54% or $-0.08/share to $5.12. In the past year, the shares have traded as low as $4.64 and as high as $9.18. On average, 1059800 shares of BLC exchange hands on a given day and today's volume is recorded at 837540. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $6.18 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.9%.