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Monday, June 11, 2012

Stocks Having Recent Insider Buying: (SBGI), (TAYC), (VMW), (PICO), (DFT)

Shares of Sinclair Broadcast Group Inc. (SBGI) traded higher by 0.12% or $0.01/share to $8.04. In the past year, the shares have traded as low as $6.27 and as high as $13.01. On average, 488070 shares of SBGI exchange hands on a given day and today's volume is recorded at 173598. 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 $9.36 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 2.13%.

Shares of Taylor Capital Group Inc. (TAYC) fell by 0.07% or $-0.01/share to $14.66. In the past year, the shares have traded as low as $5.26 and as high as $15.15. On average, 58650 shares of TAYC exchange hands on a given day and today's volume is recorded at 36567. 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 $14.23 area where the stock will likely see buying pressure. The stock has insider ownership of 12.7%.

Shares of VMware, Inc. (VMW) fell by 1.99% or $-1.87/share to $91.93. In the past year, the shares have traded as low as $74.69 and as high as $118.79. On average, 1761440 shares of VMW exchange hands on a given day and today's volume is recorded at 498889. 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 $96.18 area where the stock may encounter resistance. The stock has insider ownership of 30.85%.

Shares of PICO Holdings Inc. (PICO) traded higher by 0.37% or $0.08/share to $21.92. In the past year, the shares have traded as low as $18.56 and as high as $29.47. On average, 71850 shares of PICO exchange hands on a given day and today's volume is recorded at 74492. 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 $22.12 area where the stock may encounter resistance. The stock has insider ownership of 0.29%.

Shares of DuPont Fabros Technology, Inc. (DFT) fell by 0.92% or $-0.24/share to $25.98. In the past year, the shares have traded as low as $18.33 and as high as $27.88. On average, 878320 shares of DFT exchange hands on a given day and today's volume is recorded at 165462. 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 $25.33 area where the stock will likely see buying pressure. The stock has insider ownership of 1.15%.