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Tuesday, January 3, 2012

Stocks Having Recent Insider Buying: (BFS), (NEOG), (STEI), (WMGI), (DNP)

Shares of Saul Centers Inc. (BFS) traded higher by 1.5% or $0.53/share to $35.95. In the past year, the shares have traded as low as $31.79 and as high as $38.86. On average, 44730 shares of BFS exchange hands on a given day and today's volume is recorded at 10420. 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 $34.66 area. The stock has insider ownership of 0.71%.

Shares of Neogen Corp. (NEOG) traded higher by 1.47% or $0.45/share to $31.09. In the past year, the shares have traded as low as $25.59 and as high as $47.92. On average, 172160 shares of NEOG exchange hands on a given day and today's volume is recorded at 52744. 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 $35.59 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 5.67%.

Shares of Stewart Enterprises Inc. (STEI) fell by 0.17% or $-0.01/share to $5.75. In the past year, the shares have traded as low as $5.11 and as high as $8.27. On average, 430870 shares of STEI exchange hands on a given day and today's volume is recorded at 258807. 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 $6.01 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 9.9%.

Shares of Wright Medical Group Inc. (WMGI) fell by 0.91% or $-0.15/share to $16.35. In the past year, the shares have traded as low as $13.37 and as high as $19.05. On average, 529830 shares of WMGI exchange hands on a given day and today's volume is recorded at 122837. 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 $15.64 area. The stock has insider ownership of 15.21%.

Shares of DNP Select Income Fund Inc. (DNP) fell by 0.55% or $-0.06/share to $10.86. In the past year, the shares have traded as low as $8.25 and as high as $11.12. On average, 397400 shares of DNP exchange hands on a given day and today's volume is recorded at 269392. 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 $10.67 area where the stock will likely see buying pressure. The stock has insider ownership of 0.15%.