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Friday, September 23, 2011

Recent Insider Selling Detected: (PODD), (VRTX), (GILD), (BBY), (ZBRA)

Shares of Insulet Corporation (PODD) traded higher by 1.35% or $0.20/share to $15.05. In the past year, the shares have traded as low as $12.58 and as high as $23.33. On average, 555120 shares of PODD exchange hands on a given day and today's volume is recorded at 40280. 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 $18.03 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.47%.

Shares of Vertex Pharmaceuticals Incorporated (VRTX) traded higher by 2.37% or $1.17/share to $50.48. In the past year, the shares have traded as low as $32.08 and as high as $58.87. On average, 2094790 shares of VRTX exchange hands on a given day and today's volume is recorded at 336103. 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 $47.49 area where the stock will likely see buying pressure. The stock has insider ownership of 0.73%.

Shares of Gilead Sciences Inc. (GILD) fell by 0.42% or $-0.16/share to $38.18. In the past year, the shares have traded as low as $35.26 and as high as $43.49. On average, 8237430 shares of GILD exchange hands on a given day and today's volume is recorded at 1362482. 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 $39.54 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.57%.

Shares of Best Buy Co. Inc. (BBY) fell by 0.56% or $-0.14/share to $24.11. In the past year, the shares have traded as low as $22.73 and as high as $44.98. On average, 7528400 shares of BBY exchange hands on a given day and today's volume is recorded at 624107. 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 $25.79 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.7%.

Shares of Zebra Technologies Corp. (ZBRA) remained unchanged at $28.61. In the past year, the shares have traded as low as $28.26 and as high as $44.53. On average, 265270 shares of ZBRA exchange hands on a given day and today's volume is recorded at 21259. 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 $35.55 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.77%.