Navigate this market better. Subscribe for FREE stock alerts and information.

Monday, November 21, 2011

Insider Selling In These Stocks: (HD), (BEN), (HITT), (EGN), (DXPE)

Shares of The Home Depot, Inc. (HD) fell by 2.06% or $-0.78/share to $37.1. In the past year, the shares have traded as low as $27.92 and as high as $38.75. On average, 12594510 shares of HD exchange hands on a given day and today's volume is recorded at 2767915. 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 $35.30 area. The stock has insider ownership of 0.13%.

Shares of Franklin Resources Inc. (BEN) fell by 3.63% or $-3.61/share to $95.75. In the past year, the shares have traded as low as $87.71 and as high as $137.22. On average, 1662140 shares of BEN exchange hands on a given day and today's volume is recorded at 297716. 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 $103.66 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 15.57%.

Shares of Hittite Microwave Corporation (HITT) fell by 3.06% or $-1.59/share to $50.41. In the past year, the shares have traded as low as $45.69 and as high as $67.55. On average, 236850 shares of HITT exchange hands on a given day and today's volume is recorded at 16989. 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 $52.22 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.07%.

Shares of Energen Corp. (EGN) fell by 3.59% or $-1.77/share to $47.57. In the past year, the shares have traded as low as $37.12 and as high as $64.93. On average, 662830 shares of EGN exchange hands on a given day and today's volume is recorded at 66826. 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 $54.57 represents resistance and the 50-day moving average of $46.54 would be an area of support. The stock has insider ownership of 0.68%.

Shares of DXP Enterprises, Inc. (DXPE) fell by 7.35% or $-2.09/share to $26.36. In the past year, the shares have traded as low as $17.01 and as high as $29.28. On average, 74940 shares of DXPE exchange hands on a given day and today's volume is recorded at 23234. 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 $23.47 area. The stock has insider ownership of 16.08%.