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Wednesday, May 2, 2012

Recent Insider Buying Detected: (VPRT), (PGNX), (OPK), (AKAM), (CELG)

Shares of Vistaprint N.V. (VPRT) traded higher by 0.21% or $0.08/share to $37.84. In the past year, the shares have traded as low as $23.89 and as high as $56.25. On average, 379110 shares of VPRT exchange hands on a given day and today's volume is recorded at 168010. 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 $38.99 represents resistance and the 200-day moving average of $33.67 would be an area of support. The stock has insider ownership of 5.76%.

Shares of Progenics Pharmaceuticals Inc. (PGNX) traded higher by 0.38% or $0.04/share to $10.46. In the past year, the shares have traded as low as $4.50 and as high as $11.34. On average, 123740 shares of PGNX exchange hands on a given day and today's volume is recorded at 34906. 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 $9.79 area where the stock will likely see buying pressure. The stock has insider ownership of 0.37%.

Shares of Opko Health, Inc. (OPK) fell by 0.42% or $-0.02/share to $4.63. In the past year, the shares have traded as low as $3.15 and as high as $5.85. On average, 1823670 shares of OPK exchange hands on a given day and today's volume is recorded at 461536. 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 $4.74 area where the stock may encounter resistance. The stock has insider ownership of 7.56%.

Shares of Akamai Technologies, Inc. (AKAM) fell by 0.3% or $-0.10/share to $33.51. In the past year, the shares have traded as low as $18.25 and as high as $39.14. On average, 3566570 shares of AKAM exchange hands on a given day and today's volume is recorded at 1594167. 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 $36.51 represents resistance and the 200-day moving average of $29.39 would be an area of support. The stock has insider ownership of 0.31%.

Shares of Celgene Corporation (CELG) fell by 0.23% or $-0.17/share to $72.41. In the past year, the shares have traded as low as $51.70 and as high as $80.42. On average, 2913510 shares of CELG exchange hands on a given day and today's volume is recorded at 2005378. 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 $76.24 represents resistance and the 200-day moving average of $67.20 would be an area of support. The stock has insider ownership of 0.12%.