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

Monday, March 26, 2012

Insiders Sell For Many Reasons - Is Bearishness One Of Them?: (MAR), (BWLD), (ADSK), (OSIS), (TTC)

Shares of Marriott International, Inc. (MAR) traded higher by 1.62% or $0.61/share to $38.33. In the past year, the shares have traded as low as $25.32 and as high as $38.63. On average, 3816190 shares of MAR exchange hands on a given day and today's volume is recorded at 406659. 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 $35.68 area where the stock will likely see buying pressure. The stock has insider ownership of 6.76%.

Shares of Buffalo Wild Wings Inc. (BWLD) traded higher by 6.69% or $5.89/share to $93.93. In the past year, the shares have traded as low as $52.37 and as high as $91.44. On average, 665810 shares of BWLD exchange hands on a given day and today's volume is recorded at 419248. 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 $79.43 area where the stock will likely see buying pressure. The stock has insider ownership of 0.99%.

Shares of Autodesk, Inc. (ADSK) traded higher by 1.47% or $0.60/share to $41.69. In the past year, the shares have traded as low as $22.99 and as high as $46.15. On average, 2822690 shares of ADSK exchange hands on a given day and today's volume is recorded at 340813. 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 $37.48 area where the stock will likely see buying pressure. The stock has insider ownership of 0.42%.

Shares of OSI Systems, Inc. (OSIS) traded higher by 2.49% or $1.54/share to $63.46. In the past year, the shares have traded as low as $31.00 and as high as $61.99. On average, 112830 shares of OSIS exchange hands on a given day and today's volume is recorded at 25061. 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 $56.41 area where the stock will likely see buying pressure. The stock has insider ownership of 4.89%.

Shares of Toro Co. (TTC) traded higher by 1.68% or $1.18/share to $71.44. In the past year, the shares have traded as low as $44.88 and as high as $72.00. On average, 200830 shares of TTC exchange hands on a given day and today's volume is recorded at 23539. 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 $66.04 area where the stock will likely see buying pressure. The stock has insider ownership of 1.52%.