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Friday, June 8, 2012

Stocks Having Recent Insider Buying: (PEI), (TAYC), (IBI), (OPK), (STBA)

Shares of Pennsylvania Real Estate Investment Trust (PEI) traded higher by 4.55% or $0.58/share to $13.32. In the past year, the shares have traded as low as $6.24 and as high as $15.66. On average, 454050 shares of PEI exchange hands on a given day and today's volume is recorded at 196281. 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 $13.88 represents resistance and the 200-day moving average of $11.38 would be an area of support. The stock has insider ownership of 3.86%.

Shares of Taylor Capital Group Inc. (TAYC) traded higher by 2.14% or $0.31/share to $14.81. In the past year, the shares have traded as low as $5.26 and as high as $15.15. On average, 57790 shares of TAYC exchange hands on a given day and today's volume is recorded at 32684. 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 $14.22 area where the stock will likely see buying pressure. The stock has insider ownership of 12.7%.

Shares of Interline Brands Inc. (IBI) traded higher by 0.64% or $0.16/share to $25.15. In the past year, the shares have traded as low as $12.20 and as high as $25.23. On average, 413770 shares of IBI exchange hands on a given day and today's volume is recorded at 343712. 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 $20.84 area where the stock will likely see buying pressure. The stock has insider ownership of 1.01%.

Shares of Opko Health, Inc. (OPK) traded higher by 2.16% or $0.10/share to $4.74. In the past year, the shares have traded as low as $3.15 and as high as $5.85. On average, 1493520 shares of OPK exchange hands on a given day and today's volume is recorded at 648991. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $4.82 represents resistance and the 50-day moving average of $4.65 would be an area of support. The stock has insider ownership of 7.58%.

Shares of S&T Bancorp Inc. (STBA) traded higher by 2.22% or $0.38/share to $17.48. In the past year, the shares have traded as low as $14.86 and as high as $23.10. On average, 84970 shares of STBA exchange hands on a given day and today's volume is recorded at 16874. 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 $18.87 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 1.79%.