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5 Stocks With Major Insider Buying

Rouse Properties

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One more stock to consider is real estate investment trust Rouse Properties (RSE - Get Report), which owns and manages regional malls in the U.S. Insiders are buying this stock into notable strength, since shares are up 24% during the last six months.

Rouse Properties has a market cap of $886 million and an enterprise value of $2.13 billion. This stock trades at a cheap valuation, with a price-to-sales of 3.80 and a price-to-book of 1.67. This is not a cash-rich company, since the total cash position on its balance sheet is $8.09 million and its total debt is $1.22 billion.

The CEO just bought 15,000 shares, or about $252,000 worth of stock, at $16.86 per share.

From a technical perspective, RSE is currently trending above both its 50-day and 200-day moving averages, which is bullish. This stock recently broke out above its 50-day moving average of $17.41 a share and above some near-term overhead resistance at $17.52 a share with heavy upside volume. That move is quickly pushing shares of RSE within range of triggering another near-term breakout trade.

If you're bullish on RSE, then look for long-biased as long as this stock is trending above its 50-day moving average of $17.41, and then once it breaks out above some near-term overhead resistance levels at $18 to $18.78 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 224,741 shares. If that breakout hits soon, then RSE will set up to enter new 52-week-high and all-time-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $20 to $23 a share.

To see more stocks with notable insider buying, check out the Stocks With Big Insider Buying portfolio on Stockpickr.

-- Written by Roberto Pedone in Winderemere, Fla.

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Follow Stockpickr on Twitter and become a fan on Facebook.

At the time of publication, author had no positions in stocks mentioned.

Roberto Pedone, based out of Windermere, Fla., is an independent trader who focuses on technical analysis for small- and large-cap stocks, options, futures, commodities and currencies. Roberto studied international business at the Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany. His work has appeared on financial outlets including
CNBC.com and Forbes.com . You can follow Pedone on Twitter at www.twitter.com/zerosum24 or @zerosum24.
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