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Wednesday, September 21, 2011

Stocks Having Recent Insider Selling: (UNFI), (NTGR), (SHOO), (LL), (SFLY)

Shares of United Natural Foods, Inc. (UNFI) traded higher by 0.31% or $0.12/share to $38.44. In the past year, the shares have traded as low as $32.65 and as high as $46.05. On average, 255950 shares of UNFI exchange hands on a given day and today's volume is recorded at 23208. 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 $40.37 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.44%.

Shares of Netgear Inc. (NTGR) traded higher by 1.47% or $0.40/share to $27.6. In the past year, the shares have traded as low as $24.87 and as high as $45.31. On average, 605460 shares of NTGR exchange hands on a given day and today's volume is recorded at 30797. 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 $31.22 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 1.46%.

Shares of Steven Madden, Ltd. (SHOO) traded higher by 0.06% or $0.02/share to $34.76. In the past year, the shares have traded as low as $24.84 and as high as $41.42. On average, 452650 shares of SHOO exchange hands on a given day and today's volume is recorded at 25434. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $36.16 represents resistance and the 200-day moving average of $32.83 would be an area of support. The stock has insider ownership of 1.04%.

Shares of Lumber Liquidators Holdings, Inc. (LL) traded higher by 1.32% or $0.21/share to $16.16. In the past year, the shares have traded as low as $13.43 and as high as $28.96. On average, 746640 shares of LL exchange hands on a given day and today's volume is recorded at 11186. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $22.66 represents resistance and the 50-day moving average of $15.57 would be an area of support. The stock has insider ownership of 8.59%.

Shares of Shutterfly, Inc. (SFLY) traded higher by 0.82% or $0.43/share to $52.95. In the past year, the shares have traded as low as $23.79 and as high as $66.70. On average, 666120 shares of SFLY exchange hands on a given day and today's volume is recorded at 44218. 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 $52.12 area where the stock will likely see buying pressure. The stock has insider ownership of 2.64%.