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Wednesday, October 26, 2011

Insider Buying In These Names: (FUN), (CRUS), (VPRT), (IRETP), (BPOP)

Shares of Cedar Fair LP (FUN) fell by 0.1% or $-0.02/share to $19.71. In the past year, the shares have traded as low as $13.29 and as high as $22.45. On average, 193490 shares of FUN exchange hands on a given day and today's volume is recorded at 30529. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $19.14 area. The stock has insider ownership of 2.71%.

Shares of Cirrus Logic Inc. (CRUS) traded higher by 5.31% or $0.79/share to $15.68. In the past year, the shares have traded as low as $12.39 and as high as $25.48. On average, 2652230 shares of CRUS exchange hands on a given day and today's volume is recorded at 2404154. 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 $17.35 represents resistance and the 50-day moving average of $15.28 would be an area of support. The stock has insider ownership of 0.3%.

Shares of Vistaprint N.V. (VPRT) fell by 1.4% or $-0.43/share to $30.31. In the past year, the shares have traded as low as $23.89 and as high as $56.25. On average, 1170370 shares of VPRT exchange hands on a given day and today's volume is recorded at 448294. 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 $42.85 represents resistance and the 50-day moving average of $27.97 would be an area of support. The stock has insider ownership of 10.2%.

Shares of Investors Real Estate Trust (IRETP) remained unchanged at $26.54. In the past year, the shares have traded as low as $23.72 and as high as $26.99. On average, 740 shares of IRETP exchange hands on a given day and today's volume is recorded at 0. 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 $25.91 area where the stock will likely see buying pressure. The stock has insider ownership of -999.99%.

Shares of Popular Inc. (BPOP) remained unchanged at $1.74. In the past year, the shares have traded as low as $1.20 and as high as $3.59. On average, 11708770 shares of BPOP exchange hands on a given day and today's volume is recorded at 3210583. 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 $2.63 represents resistance and the 50-day moving average of $1.73 would be an area of support. The stock has insider ownership of 0.37%.