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Tuesday, April 24, 2012

Stocks Having Recent Insider Buying: (LNT), (ANGO), (ISCA), (UFCS), (PICO)

Shares of Alliant Energy Corporation (LNT) traded higher by 1.16% or $0.51/share to $44.55. In the past year, the shares have traded as low as $33.21 and as high as $44.22. On average, 596220 shares of LNT exchange hands on a given day and today's volume is recorded at 336267. 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 $43.04 area where the stock will likely see buying pressure. The stock has insider ownership of 0.18%.

Shares of AngioDynamics Inc. (ANGO) traded higher by 1.16% or $0.14/share to $12.26. In the past year, the shares have traded as low as $11.35 and as high as $16.60. On average, 177800 shares of ANGO exchange hands on a given day and today's volume is recorded at 38953. 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 $12.53 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.43%.

Shares of International Speedway Corp. (ISCA) traded higher by 0.92% or $0.24/share to $26.29. In the past year, the shares have traded as low as $20.08 and as high as $30.90. On average, 165200 shares of ISCA exchange hands on a given day and today's volume is recorded at 33350. 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 $26.38 represents resistance and the 200-day moving average of $25.20 would be an area of support. The stock has insider ownership of 0.61%.

Shares of United Fire & Casualty Company (UFCS) traded higher by 1.18% or $0.19/share to $16.31. In the past year, the shares have traded as low as $14.45 and as high as $21.05. On average, 54830 shares of UFCS exchange hands on a given day and today's volume is recorded at 42309. 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 $18.20 area where the stock may encounter resistance. The stock has insider ownership of 0.16%.

Shares of PICO Holdings Inc. (PICO) fell by 0.5% or $-0.12/share to $24.05. In the past year, the shares have traded as low as $18.56 and as high as $32.74. On average, 69040 shares of PICO exchange hands on a given day and today's volume is recorded at 32932. 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 $23.20 area where the stock will likely see buying pressure. The stock has insider ownership of 0.29%.