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Monday, May 28, 2012

Stocks Having Recent Insider Buying: (BBY), (ANF), (SYBT), (OPK), (TEX)

Shares of Best Buy Co. Inc. (BBY) traded higher by 1.86% or $0.35/share to $19.17. In the past year, the shares have traded as low as $17.53 and as high as $32.02. On average, 8360100 shares of BBY exchange hands on a given day and today's volume is recorded at 5633581. 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 $22.19 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.82%.

Shares of Abercrombie & Fitch Co. (ANF) traded higher by 2.66% or $0.94/share to $36.23. In the past year, the shares have traded as low as $34.45 and as high as $77.43. On average, 2850980 shares of ANF exchange hands on a given day and today's volume is recorded at 2996357. 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 $47.75 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 1.27%.

Shares of SY Bancorp Inc. (SYBT) fell by 0.87% or $-0.20/share to $22.72. In the past year, the shares have traded as low as $17.21 and as high as $23.92. On average, 27630 shares of SYBT exchange hands on a given day and today's volume is recorded at 9238. 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 $22.90 represents resistance and the 200-day moving average of $20.99 would be an area of support. The stock has insider ownership of 4.08%.

Shares of Opko Health, Inc. (OPK) fell by 0.42% or $-0.02/share to $4.78. In the past year, the shares have traded as low as $3.15 and as high as $5.85. On average, 1590630 shares of OPK exchange hands on a given day and today's volume is recorded at 643843. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $4.78 area. The stock has insider ownership of 7.58%.

Shares of Terex Corp. (TEX) fell by 1.46% or $-0.25/share to $16.93. In the past year, the shares have traded as low as $9.30 and as high as $29.95. On average, 3925060 shares of TEX exchange hands on a given day and today's volume is recorded at 1825307. 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 $18.04 area where the stock may encounter resistance. The stock has insider ownership of 3.49%.