One more stock with some decent insider buying is Aircastle ( AYR), which is a global company that acquires, leases, and sells high-utility commercial jet aircraft to customers throughout the world. Insiders are buying this stock into big time strength, since shares up sharply by 39% so far in 2013. Aircastle has a market cap of $1.4 billion and an enterprise value of $4.4 billion. This stock trades at a reasonable valuation, with a trailing price-to-earnings of 30.42 and a forward price-to-earnings of 9.32. Its estimated growth rate for this year is 118.8, and for next year it's pegged at 6.9%. This is not a cash-rich company, since the total cash position on its balance sheet is $430.27 million and its total debt is $3.54 billion. This stock currently sports a dividend yield of 3.9%. A director just bought 30,000 shares, or about $518,000 worth of stock, at $17.23 per share. From a technical perspective, AYR is currently trending above both its 50-day and 200-day moving averages, which is bullish. This stock has been uptrending strong for the last six months, with shares moving higher from its low of $12.62 a share to its recent high of $17.94 a share. During that uptrend, shares of AYR have been making mostly higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of AYR within range of triggering a major breakout trade. If you're bullish on AYR, then look for long-biased trades as long as this stock is trending above some near-term support levels at $16.80 or $16.01, and then once it breaks out above some key overhead resistance levels $17.73 to $17.94 a share and then above to its 52-week high at $18.12 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 539,800 shares. If that breakout triggers soon, then AYR will set up to enter new 52-week high territory, which is bullish technical price action. Some possible upside targets off that breakout are $20 to $25 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 Delafield, Wis.