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Friday, May 4, 2012

Insider Selling In These Stocks: (GILD), (CAR), (TCB), (STX), (EHTH)

Shares of Gilead Sciences Inc. (GILD) fell by 0.9% or $-0.46/share to $50.93. In the past year, the shares have traded as low as $34.45 and as high as $56.50. On average, 9113960 shares of GILD exchange hands on a given day and today's volume is recorded at 1542212. 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 $47.76 area where the stock will likely see buying pressure. The stock has insider ownership of 0.57%.

Shares of Avis Budget Group, Inc. (CAR) fell by 2.73% or $-0.44/share to $15.67. In the past year, the shares have traded as low as $8.45 and as high as $19.24. On average, 2244630 shares of CAR exchange hands on a given day and today's volume is recorded at 734809. 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 $13.52 area where the stock will likely see buying pressure. The stock has insider ownership of 1.58%.

Shares of TCF Financial Corporation (TCB) fell by 0.6% or $-0.07/share to $11.69. In the past year, the shares have traded as low as $8.49 and as high as $15.75. On average, 2571760 shares of TCB exchange hands on a given day and today's volume is recorded at 740969. 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 $11.33 area where the stock will likely see buying pressure. The stock has insider ownership of 3.14%.

Shares of Seagate Technology PLC (STX) fell by 1.02% or $-0.32/share to $30.92. In the past year, the shares have traded as low as $8.79 and as high as $32.55. On average, 11614040 shares of STX exchange hands on a given day and today's volume is recorded at 3213796. 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 $27.75 area where the stock will likely see buying pressure. The stock has insider ownership of 12.46%.

Shares of eHealth, Inc. (EHTH) fell by 1.16% or $-0.20/share to $16.97. In the past year, the shares have traded as low as $11.60 and as high as $17.87. On average, 105500 shares of EHTH exchange hands on a given day and today's volume is recorded at 11621. 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 $16.29 area where the stock will likely see buying pressure. The stock has insider ownership of 2.0%.