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Tuesday, May 8, 2012

Recent Insider Selling Detected: (WFM), (THOR), (CERN), (IDXX), (DORM)

Shares of Whole Foods Market, Inc. (WFM) fell by 1.64% or $-1.47/share to $88.34. In the past year, the shares have traded as low as $53.05 and as high as $91.50. On average, 1678080 shares of WFM exchange hands on a given day and today's volume is recorded at 561690. 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 $83.96 area where the stock will likely see buying pressure. The stock has insider ownership of 0.84%.

Shares of Thoratec Corp. (THOR) fell by 2.47% or $-0.81/share to $32.18. In the past year, the shares have traded as low as $27.84 and as high as $38.06. On average, 874600 shares of THOR exchange hands on a given day and today's volume is recorded at 116210. 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 $32.55 area where the stock may encounter resistance. The stock has insider ownership of 0.47%.

Shares of Cerner Corporation (CERN) fell by 3.19% or $-2.60/share to $78.8. In the past year, the shares have traded as low as $53.93 and as high as $84.10. On average, 1190830 shares of CERN exchange hands on a given day and today's volume is recorded at 414616. 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 $76.05 area where the stock will likely see buying pressure. The stock has insider ownership of 3.81%.

Shares of IDEXX Laboratories, Inc. (IDXX) fell by 1.15% or $-1.02/share to $87.88. In the past year, the shares have traded as low as $63.83 and as high as $89.62. On average, 255100 shares of IDXX exchange hands on a given day and today's volume is recorded at 60014. 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 $85.95 area where the stock will likely see buying pressure. The stock has insider ownership of 1.13%.

Shares of Dorman Products, Inc. (DORM) fell by 0.77% or $-0.39/share to $50.08. In the past year, the shares have traded as low as $26.57 and as high as $51.34. On average, 41050 shares of DORM exchange hands on a given day and today's volume is recorded at 5735. 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 $47.75 area where the stock will likely see buying pressure. The stock has insider ownership of 5.24%.