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Wednesday, October 26, 2011

Recent Insider Selling Detected: (AAPL), (BWLD), (PEGA), (ISRG), (ALK)

Shares of Apple Inc. (AAPL) traded higher by 0.26% or $1.03/share to $398.81. In the past year, the shares have traded as low as $297.75 and as high as $426.72. On average, 23016230 shares of AAPL exchange hands on a given day and today's volume is recorded at 3066684. 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 $389.62 area where the stock will likely see buying pressure. The stock has insider ownership of 0.02%.

Shares of Buffalo Wild Wings Inc. (BWLD) fell by 1.27% or $-0.83/share to $64.61. In the past year, the shares have traded as low as $42.42 and as high as $69.52. On average, 516850 shares of BWLD exchange hands on a given day and today's volume is recorded at 86461. 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 $60.42 area where the stock will likely see buying pressure. The stock has insider ownership of 1.29%.

Shares of Pegasystems Inc. (PEGA) traded higher by 0.93% or $0.33/share to $35.89. In the past year, the shares have traded as low as $25.09 and as high as $47.51. On average, 310680 shares of PEGA exchange hands on a given day and today's volume is recorded at 19309. 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 $37.53 represents resistance and the 50-day moving average of $35.41 would be an area of support. The stock has insider ownership of 1.59%.

Shares of Intuitive Surgical, Inc. (ISRG) traded higher by 0.07% or $0.29/share to $419.67. In the past year, the shares have traded as low as $246.05 and as high as $429.46. On average, 483790 shares of ISRG exchange hands on a given day and today's volume is recorded at 47229. 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 $375.91 area where the stock will likely see buying pressure. The stock has insider ownership of 0.86%.

Shares of Alaska Air Group, Inc. (ALK) fell by 0.21% or $-0.14/share to $65.78. In the past year, the shares have traded as low as $50.16 and as high as $70.61. On average, 446840 shares of ALK exchange hands on a given day and today's volume is recorded at 31216. 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 $61.85 area. The stock has insider ownership of 0.63%.