This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

5 Stocks Insiders are Stashing

Stocks in this article: AEGRJNPRLEXPHLF

Aegerion Pharmaceuticals

One biotechnology and drugs player that insiders are buying a large amount of stock in is Aegerion Pharmaceuticals (AEGR). This company focused on the development and commercialization of therapeutics to treat lipid disorders. Insiders are buying this stock into strength, since shares are up over 40% in the last three months.

Aegerion Pharmaceuticals has a market cap of $29 million and an enterprise value of $450 million. Its estimated growth rate for this year is -20.6%, and for next year it's pegged 26.2%. This is a cash-rich company, since the total cash position on its balance sheet is $95.46 million and its total debt is $10.53 million.

A beneficial owner just bought 180,000 shares, or $3.86 million worth of stock, at $19.50 to $22.71 per share.

From a technical perspective, AEGR is currently trending above both its 50-day and 200-day moving averages, which is bullish. This stock has been trending sideways for the last month and change, with shares moving between $18.33 on the downside and $23 on the upside. A high-volume move outside of that range soon will likely lead to the next major trend for shares of AEGR.

If you're bullish on AEGR, then I would look for long-biased trades once this stock manages to break out above some near-term overhead resistance levels at $22.98 to $23 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 459,973 shares. If that breakout triggers soon, then AEGR will set up to re-test or possibly take out its next major overhead resistance level at $25.92 a share. Keep in mind that traders can also buy AEGR off weakness to anticipate that breakout as long as shares continue to trend above its 50-day at $19.04 a share.

Juniper Networks

Another name in the communications equipment complex that insiders are active in here is Juniper Networks (JNPR). This company designs, develops and sells innovative products and services that together provide its customers with high-performance network infrastructure built on simplicity, security, openness and scale. Insiders are buying this stock into some modest weakness, since shares are off by 11% so far in 2012.

2 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,805.41 +127.51 0.76%
S&P 500 1,964.58 +13.76 0.71%
NASDAQ 4,483.7150 +30.9230 0.69%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs