6 Stocks With Big Insider Buying

Deer Consumer Products

One small-cap company whose insiders have been buying a lot of stock is Deer Consumer Products(DEER), a Chinese designer, manufacturer and seller of small home and kitchen electric appliances. So far in 2011 this stock is down by around 2%.

Deer Consumer Products has a market cap of $370 million and an enterprise value of $328.20 million. The stock trades at a trailing price-to-earnings of 14.15 and a forward price-to-earnings of 9.92. The company has a strong balance sheet, with around $54 million in cash on the books and only around $9.39 million of total debt.

Ying He, Deer's chairman of the board and the CEO, recently bought 250,000 shares, or $2.8 million worth of stock, at an average price of $11.01. His purchase increased his total position by around 3%, from 8.3 million shares to 8.55 million shares.

From a technical standpoint, shares of Deer Consumer Products plunged on Monday from $11 and currently trade at around $8.80 a share. It's worth noting that the stock has some longer-term support here at around $8 a share. There's also some long-term support at $7 a share, so watch this stock to see if it can hold these levels.

Deer is one of TheStreet Ratings' top-rated household durable goods stocks.