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Thursday, May 24, 2012

Recent Insider Selling Detected: (LLTC), (DXPE), (MIDD), (ISIS), (IM)

Shares of Linear Technology Corp. (LLTC) fell by 0.14% or $-0.04/share to $29.12. In the past year, the shares have traded as low as $24.61 and as high as $34.21. On average, 2251350 shares of LLTC exchange hands on a given day and today's volume is recorded at 356535. 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 $30.57 area where the stock may encounter resistance. The stock has insider ownership of 0.77%.

Shares of DXP Enterprises, Inc. (DXPE) fell by 0.58% or $-0.27/share to $46.63. In the past year, the shares have traded as low as $17.01 and as high as $49.50. On average, 91830 shares of DXPE exchange hands on a given day and today's volume is recorded at 9771. 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 $44.62 area where the stock will likely see buying pressure. The stock has insider ownership of 15.5%.

Shares of Middleby Corp. (MIDD) fell by 0.07% or $-0.07/share to $102.72. In the past year, the shares have traded as low as $65.39 and as high as $104.82. On average, 107870 shares of MIDD exchange hands on a given day and today's volume is recorded at 13463. 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 $99.99 area where the stock will likely see buying pressure. The stock has insider ownership of 4.41%.

Shares of Isis Pharmaceuticals, Inc. (ISIS) traded higher by 1.98% or $0.19/share to $9.79. In the past year, the shares have traded as low as $6.25 and as high as $9.89. On average, 617250 shares of ISIS exchange hands on a given day and today's volume is recorded at 113351. 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 $8.42 area where the stock will likely see buying pressure. The stock has insider ownership of 0.01%.

Shares of Ingram Micro Inc. (IM) fell by 0.44% or $-0.08/share to $18.04. In the past year, the shares have traded as low as $15.45 and as high as $19.80. On average, 1273910 shares of IM exchange hands on a given day and today's volume is recorded at 194105. 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 $18.24 area where the stock may encounter resistance. The stock has insider ownership of 1.27%.