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Wednesday, February 29, 2012

Insider Ownership Increasing: (GCI), (GILD), (ATO), (AWH), (ANAT)

Shares of Gannett Co., Inc. (GCI) fell by 1.66% or $-0.25/share to $14.83. In the past year, the shares have traded as low as $8.23 and as high as $16.47. On average, 4422320 shares of GCI exchange hands on a given day and today's volume is recorded at 2865817. 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 $14.45 area where the stock will likely see buying pressure. The stock has insider ownership of 0.08%.

Shares of Gilead Sciences Inc. (GILD) fell by 1.04% or $-0.48/share to $45.52. In the past year, the shares have traded as low as $34.45 and as high as $56.50. On average, 10621930 shares of GILD exchange hands on a given day and today's volume is recorded at 2947709. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $46.19 represents resistance and the 200-day moving average of $41.60 would be an area of support. The stock has insider ownership of 0.57%.

Shares of Atmos Energy Corporation (ATO) traded higher by 0.36% or $0.11/share to $31.0. In the past year, the shares have traded as low as $27.62 and as high as $34.81. On average, 558770 shares of ATO exchange hands on a given day and today's volume is recorded at 479691. 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 $32.11 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.98%.

Shares of Allied World Assurance Company Holdings, AG (AWH) fell by 0.02% or $-0.01/share to $66.39. In the past year, the shares have traded as low as $48.34 and as high as $68.45. On average, 302350 shares of AWH exchange hands on a given day and today's volume is recorded at 83817. 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 $63.41 area where the stock will likely see buying pressure. The stock has insider ownership of 1.35%.

Shares of American National Insurance Co. (ANAT) fell by 0.98% or $-0.72/share to $72.48. In the past year, the shares have traded as low as $65.00 and as high as $78.83. On average, 17030 shares of ANAT exchange hands on a given day and today's volume is recorded at 7108. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $72.56 area where the stock may encounter resistance. The stock has insider ownership of 3.83%.