Another stock that insiders are falling in love with here is Echo Global Logistics ( ECHO), a provider of technology-enabled transportation and supply chain management services, delivered on a proprietary technology platform serving the transportation and logistics needs of its clients. Insiders are buying this stock into decent strength, since shares are up 15% in the last three months. Echo Global Logistics has a market cap of $451 million and an enterprise value $365 million. This stock trades at a reasonable valuation, with a trailing price-to-earnings of 37.76 and a forward price-to-earnings of 18.21. Its estimated growth rate for this year is 38.7%, and for next year it's pegged at 30.2%. This is a cash-rich company, since the total cash position on its balance sheet is $41.78 million and its total debt is just $24,000. A director just bought 50,639 shares, or about $942,000 worth of stock, at $18.46 to $18.70 per share. From a technical perspective, ECHO is currently trending above both its 50-day and 200-day moving averages, which is bullish. This stock has just started to spike higher right above its 50-day moving average at $18.30 a share with decent upside volume. This move has also started to push shares of ECHO into breakout territory and new 52-week-high territory, since the stock has taken out some near-term overhead resistance levels at $19.19 to $20.10 a share. Traders should now look for long-biased trades in ECHO as long as it's trending above its 50-day at $18.30, and then once it sustains a move or close above those key breakout levels at $19.19 to $20.10 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 139,200 shares. If ECHO can maintain that trend, then this stock will set up to enter new 52-week-high territory above $20.50 a share. Some possible upside target off that move are $23 to $25 in the near future.