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Tuesday, June 12, 2012

Stocks Having Recent Insider Buying: (ECL), (MDR), (TAYC), (HPQ), (AKAM)

Shares of Ecolab Inc. (ECL) traded higher by 0.55% or $0.36/share to $65.93. In the past year, the shares have traded as low as $43.36 and as high as $67.39. On average, 1544920 shares of ECL exchange hands on a given day and today's volume is recorded at 704663. 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 $63.32 area where the stock will likely see buying pressure. The stock has insider ownership of 0.35%.

Shares of McDermott International Inc. (MDR) traded higher by 0.58% or $0.06/share to $10.32. In the past year, the shares have traded as low as $9.04 and as high as $21.69. On average, 3744240 shares of MDR exchange hands on a given day and today's volume is recorded at 1096620. 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 $10.92 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.52%.

Shares of Taylor Capital Group Inc. (TAYC) traded higher by 0.81% or $0.12/share to $14.9. In the past year, the shares have traded as low as $5.26 and as high as $15.15. On average, 59540 shares of TAYC exchange hands on a given day and today's volume is recorded at 22391. 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 $14.24 area where the stock will likely see buying pressure. The stock has insider ownership of 12.7%.

Shares of Hewlett-Packard Company (HPQ) traded higher by 0.65% or $0.14/share to $21.55. In the past year, the shares have traded as low as $20.45 and as high as $36.93. On average, 19936380 shares of HPQ exchange hands on a given day and today's volume is recorded at 4772165. 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 $23.16 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.04%.

Shares of Akamai Technologies, Inc. (AKAM) traded higher by 0.13% or $0.04/share to $29.79. In the past year, the shares have traded as low as $18.25 and as high as $39.14. On average, 3471690 shares of AKAM exchange hands on a given day and today's volume is recorded at 1956086. 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 $30.20 area where the stock may encounter resistance. The stock has insider ownership of 0.32%.