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Thursday, May 10, 2012

Insiders Sell For Many Reasons - Is Bearishness One Of Them?: (INFA), (CERN), (ABCO), (AGN), (NXTM)

Shares of Informatica Corporation (INFA) fell by 2.05% or $-0.96/share to $45.83. In the past year, the shares have traded as low as $34.15 and as high as $62.42. On average, 1130440 shares of INFA exchange hands on a given day and today's volume is recorded at 102482. 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 $50.26 represents resistance and the 200-day moving average of $45.16 would be an area of support. The stock has insider ownership of 0.93%.

Shares of Cerner Corporation (CERN) traded higher by 0.6% or $0.47/share to $79.37. In the past year, the shares have traded as low as $53.93 and as high as $84.10. On average, 1159550 shares of CERN exchange hands on a given day and today's volume is recorded at 438107. 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 $76.28 area where the stock will likely see buying pressure. The stock has insider ownership of 3.81%.

Shares of Advisory Board Co. (ABCO) traded higher by 0.39% or $0.36/share to $92.39. In the past year, the shares have traded as low as $47.46 and as high as $98.33. On average, 124080 shares of ABCO exchange hands on a given day and today's volume is recorded at 31572. 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 $87.22 area where the stock will likely see buying pressure. The stock has insider ownership of 0.61%.

Shares of Allergan Inc. (AGN) traded higher by 0.24% or $0.22/share to $92.85. In the past year, the shares have traded as low as $69.27 and as high as $97.09. On average, 1552950 shares of AGN exchange hands on a given day and today's volume is recorded at 165215. 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 $93.56 represents resistance and the 200-day moving average of $85.84 would be an area of support. The stock has insider ownership of 0.15%.

Shares of Nxstage Medical, Inc. (NXTM) traded higher by 1.21% or $0.19/share to $15.95. In the past year, the shares have traded as low as $15.42 and as high as $24.06. On average, 527460 shares of NXTM exchange hands on a given day and today's volume is recorded at 92996. 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 $18.22 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 10.29%.