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Tuesday, June 12, 2012

Stocks Having Recent Insider Selling: (PRGO), (SGK), (FIRE), (GHL), (VR)

Shares of Perrigo Co. (PRGO) fell by 0.03% or $-0.03/share to $106.89. In the past year, the shares have traded as low as $75.64 and as high as $108.52. On average, 620110 shares of PRGO exchange hands on a given day and today's volume is recorded at 80311. 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 $103.59 area where the stock will likely see buying pressure. The stock has insider ownership of 0.2%.

Shares of Schawk Inc. (SGK) fell by 0.59% or $-0.07/share to $11.76. In the past year, the shares have traded as low as $8.76 and as high as $17.44. On average, 29160 shares of SGK exchange hands on a given day and today's volume is recorded at 2971. 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 $11.87 area where the stock may encounter resistance. The stock has insider ownership of 0.52%.

Shares of Sourcefire, Inc. (FIRE) fell by 0.73% or $-0.37/share to $50.23. In the past year, the shares have traded as low as $23.26 and as high as $59.64. On average, 647720 shares of FIRE exchange hands on a given day and today's volume is recorded at 30165. 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 $51.62 represents resistance and the 200-day moving average of $38.10 would be an area of support. The stock has insider ownership of 3.39%.

Shares of Greenhill & Co., Inc. (GHL) traded higher by 1.1% or $0.36/share to $33.22. In the past year, the shares have traded as low as $25.45 and as high as $53.35. On average, 386840 shares of GHL exchange hands on a given day and today's volume is recorded at 29000. 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 $36.89 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.95%.

Shares of Validus Holdings, Ltd. (VR) traded higher by 0.44% or $0.14/share to $31.68. In the past year, the shares have traded as low as $22.67 and as high as $33.25. On average, 864850 shares of VR exchange hands on a given day and today's volume is recorded at 29985. 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 $31.70 represents resistance and the 200-day moving average of $29.37 would be an area of support. The stock has insider ownership of 1.82%.