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Monday, June 11, 2012

Insiders Sell For Many Reasons - Is Bearishness One Of Them?: (JLL), (VIVO), (SEB), (SGEN), (JBL)

Shares of Jones Lang Lasalle Inc. (JLL) fell by 0.69% or $-0.49/share to $70.14. In the past year, the shares have traded as low as $45.77 and as high as $99.39. On average, 327430 shares of JLL exchange hands on a given day and today's volume is recorded at 23014. 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 $76.89 represents resistance and the 200-day moving average of $69.50 would be an area of support. The stock has insider ownership of 1.03%.

Shares of Meridian Bioscience Inc. (VIVO) fell by 0.84% or $-0.16/share to $19.0. In the past year, the shares have traded as low as $14.37 and as high as $26.31. On average, 218570 shares of VIVO exchange hands on a given day and today's volume is recorded at 30475. 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 $19.17 represents resistance and the 200-day moving average of $18.01 would be an area of support. The stock has insider ownership of 0.68%.

Shares of Seaboard Corp. (SEB) fell by 0.1% or $-2.09/share to $2090.0. In the past year, the shares have traded as low as $1649.96 and as high as $2705.15. On average, 940 shares of SEB exchange hands on a given day and today's volume is recorded at 123. 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 $1988.01 area. The stock has insider ownership of 74.85%.

Shares of Seattle Genetics Inc. (SGEN) fell by 2.04% or $-0.48/share to $23.04. In the past year, the shares have traded as low as $12.29 and as high as $23.79. On average, 1245150 shares of SGEN exchange hands on a given day and today's volume is recorded at 434714. 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 $19.84 area where the stock will likely see buying pressure. The stock has insider ownership of 1.12%.

Shares of Jabil Circuit Inc. (JBL) traded higher by 0.16% or $0.03/share to $19.13. In the past year, the shares have traded as low as $13.77 and as high as $27.29. On average, 3110120 shares of JBL exchange hands on a given day and today's volume is recorded at 482975. 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 $21.08 area where the stock may encounter resistance. The stock has insider ownership of 3.67%.