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Friday, December 2, 2011

Insider Ownership Increasing: (HT), (ARRS), (ADTN), (GEOY), (TXI)

Shares of Hersha Hospitality Trust (HT) traded higher by 6.35% or $0.27/share to $4.52. In the past year, the shares have traded as low as $3.14 and as high as $6.69. On average, 1133900 shares of HT exchange hands on a given day and today's volume is recorded at 470661. 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 $4.93 represents resistance and the 50-day moving average of $4.00 would be an area of support. The stock has insider ownership of 0.42%.

Shares of Arris Group Inc. (ARRS) fell by 0.47% or $-0.05/share to $10.59. In the past year, the shares have traded as low as $9.60 and as high as $14.49. On average, 1240010 shares of ARRS exchange hands on a given day and today's volume is recorded at 556047. 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 $10.77 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 1.61%.

Shares of ADTRAN Inc. (ADTN) traded higher by 1.68% or $0.54/share to $32.73. In the past year, the shares have traded as low as $25.38 and as high as $47.33. On average, 918360 shares of ADTN exchange hands on a given day and today's volume is recorded at 220332. 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 $36.19 represents resistance and the 50-day moving average of $31.00 would be an area of support. The stock has insider ownership of 0.16%.

Shares of GeoEye, Inc. (GEOY) traded higher by 1.94% or $0.36/share to $18.93. In the past year, the shares have traded as low as $17.98 and as high as $44.68. On average, 272710 shares of GEOY exchange hands on a given day and today's volume is recorded at 325429. 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 $28.21 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.11%.

Shares of Texas Industries Inc. (TXI) fell by 0.4% or $-0.11/share to $27.5. In the past year, the shares have traded as low as $21.89 and as high as $47.15. On average, 409460 shares of TXI exchange hands on a given day and today's volume is recorded at 319405. 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 $29.70 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 26.26%.