Navigate this market better. Subscribe for FREE stock alerts and information.

Thursday, June 7, 2012

Recent Insider Selling Detected: (PODD), (MRVL), (LF), (BMY), (ESV)

Shares of Insulet Corporation (PODD) traded higher by 0.97% or $0.18/share to $18.8. In the past year, the shares have traded as low as $14.00 and as high as $23.33. On average, 297580 shares of PODD exchange hands on a given day and today's volume is recorded at 47713. 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 $18.16 area where the stock will likely see buying pressure. The stock has insider ownership of 1.01%.

Shares of Marvell Technology Group Ltd. (MRVL) fell by 1.18% or $-0.15/share to $12.52. In the past year, the shares have traded as low as $11.23 and as high as $16.86. On average, 10809870 shares of MRVL exchange hands on a given day and today's volume is recorded at 3022348. 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 $14.26 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 18.0%.

Shares of LeapFrog Enterprises Inc. (LF) fell by 0.3% or $-0.03/share to $10.07. In the past year, the shares have traded as low as $2.57 and as high as $10.78. On average, 789740 shares of LF exchange hands on a given day and today's volume is recorded at 192858. 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 $9.31 area where the stock will likely see buying pressure. The stock has insider ownership of 3.38%.

Shares of Bristol-Myers Squibb Company (BMY) traded higher by 0.51% or $0.17/share to $34.22. In the past year, the shares have traded as low as $24.93 and as high as $35.00. On average, 9808200 shares of BMY exchange hands on a given day and today's volume is recorded at 1991778. 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 $33.31 area where the stock will likely see buying pressure. The stock has insider ownership of 0.15%.

Shares of Ensco plc (ESV) fell by 0.33% or $-0.15/share to $45.11. In the past year, the shares have traded as low as $36.89 and as high as $59.50. On average, 2482450 shares of ESV exchange hands on a given day and today's volume is recorded at 903222. 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 $49.87 area where the stock may encounter resistance. The stock has insider ownership of 0.48%.