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

Friday, May 11, 2012

Insider Buying In These Names: (OPK), (PL), (ANAT), (PWER), (RLI)

Shares of Opko Health, Inc. (OPK) traded higher by 1.23% or $0.06/share to $4.53. In the past year, the shares have traded as low as $3.15 and as high as $5.86. On average, 1806850 shares of OPK exchange hands on a given day and today's volume is recorded at 427564. 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 $4.75 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 7.56%.

Shares of Protective Life Corp. (PL) traded higher by 2.22% or $0.61/share to $28.1. In the past year, the shares have traded as low as $13.52 and as high as $30.75. On average, 680160 shares of PL exchange hands on a given day and today's volume is recorded at 222972. 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 $28.70 represents resistance and the 200-day moving average of $22.68 would be an area of support. The stock has insider ownership of 1.99%.

Shares of American National Insurance Co. (ANAT) traded higher by 1.01% or $0.71/share to $71.18. In the past year, the shares have traded as low as $64.32 and as high as $78.00. On average, 13150 shares of ANAT exchange hands on a given day and today's volume is recorded at 1928. 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 $71.44 represents resistance and the 200-day moving average of $71.00 would be an area of support. The stock has insider ownership of 2.62%.

Shares of Power-One Inc. (PWER) traded higher by 6.89% or $0.25/share to $3.95. In the past year, the shares have traded as low as $3.56 and as high as $9.14. On average, 1603730 shares of PWER exchange hands on a given day and today's volume is recorded at 1174263. 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 $4.28 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 2.64%.

Shares of RLI Corp. (RLI) fell by 0.63% or $-0.44/share to $69.08. In the past year, the shares have traded as low as $51.47 and as high as $74.71. On average, 104780 shares of RLI exchange hands on a given day and today's volume is recorded at 36298. 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 $70.06 represents resistance and the 200-day moving average of $66.31 would be an area of support. The stock has insider ownership of 1.94%.