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Wednesday, November 2, 2011

Stocks Having Recent Insider Selling: (LOOP), (STMP), (KLIC), (KMT), (INTC)

Shares of LoopNet, Inc. (LOOP) traded higher by 0.4% or $0.07/share to $17.67. In the past year, the shares have traded as low as $9.94 and as high as $18.95. On average, 240480 shares of LOOP exchange hands on a given day and today's volume is recorded at 9190. 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 $17.44 area where the stock will likely see buying pressure. The stock has insider ownership of 3.11%.

Shares of Stamps.com Inc. (STMP) fell by 2.8% or $-0.83/share to $28.65. In the past year, the shares have traded as low as $10.95 and as high as $33.73. On average, 405210 shares of STMP exchange hands on a given day and today's volume is recorded at 124976. 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 $22.33 area where the stock will likely see buying pressure. The stock has insider ownership of 2.97%.

Shares of Kulicke & Soffa Industries Inc. (KLIC) traded higher by 1.61% or $0.15/share to $9.44. In the past year, the shares have traded as low as $5.63 and as high as $12.72. On average, 1573530 shares of KLIC exchange hands on a given day and today's volume is recorded at 177702. 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 $9.54 represents resistance and the 50-day moving average of $8.67 would be an area of support. The stock has insider ownership of 1.84%.

Shares of Kennametal Inc. (KMT) traded higher by 2.18% or $0.81/share to $37.98. In the past year, the shares have traded as low as $29.30 and as high as $45.50. On average, 1072150 shares of KMT exchange hands on a given day and today's volume is recorded at 101187. 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 $38.31 represents resistance and the 50-day moving average of $34.96 would be an area of support. The stock has insider ownership of 0.55%.

Shares of Intel Corporation (INTC) fell by 0.17% or $-0.04/share to $23.86. In the past year, the shares have traded as low as $19.02 and as high as $25.20. On average, 68132990 shares of INTC exchange hands on a given day and today's volume is recorded at 8687111. 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 $21.99 area where the stock will likely see buying pressure. The stock has insider ownership of 0.03%.