


UFPI, STX, Expected to Trade Lower After Bearish Insider Trading


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August 17, 2011 / M2 PRESSWIRE / BUYINS.NET / http://www.squeezetrigger.com is monitoring top insider trading patterns and these stocks are the most likely to trade Lower in the next 6 months. UNIVERSAL FOREST PRODUCTS INCORPORATED (NASDAQ:UFPI), SEAGATE TECHNOLOGY (NASDAQ:STX) are all expected to go Lower as Sell signals have been generated by top insider trading patterns. The most important data elements considered when performing insider analysis are: Insiders Track Record - An insiders track record is best summarized by the Insider Score which ranges from 1 (least predictive) to 100 (most predictive) based on prior trading performance. In addition, the actual returns following the insiders prior trades are included to determine the potential magnitude of future returns. Insiders Role - Trades by higher-level insiders are generally more predictive than trades by lower level insiders. Higher-level insiders to include Chairman (CB), Chief Executive Officer (CEO), President (P), Chief Financial Officer (CFO), and Vice Chairman (VC).
The chart below displays the stocks expected to go Lower along with the insider name, position, predictive insider score, 6 month expected return and number of trading decisions included in the score.
Symbol Company Name Insider Name Role Shares Insider Score Avg 6 Month Return # of Dec. UFPI UNIVERSAL FOREST PRODUCTS INCORPORATED Granger, Joseph F O 4,371 82 -24.2% 4 STX SEAGATE TECHNOLOGY O, Malley Patrick J CFO 434,414 86 -21.8% 4The insider buying report presents recent insider purchases, reported on Forms 3, 4, and 5 filed with the SEC. The transactions are aggregated to a 'decision' level which simplifies the data analysis. A decision is a grouping of buying or selling by an individual at the specified company.
UNIVERSAL FOREST PRODUCTS INCORPORATED (NASDAQ:UFPI) - Universal Forest Products, Inc. engineers, manufactures, treats, distributes, and installs lumber, composite wood, plastic, and other building products for the DIY/retail, site-built construction, manufactured housing, and industrial markets. The companys products comprise preserved and unpreserved lumber; composite wood; plastic products; and engineered wood products, including roof trusses, wall panels, I-joists, open joists, and engineered floor systems. In addition, it offers framing services, including installation for the site-built market and forming products for concrete construction. Further, the company provides lumber cut, plywood, particle board, and dimensional lumber for use in the construction of manufactured housing. Additionally, it offers outdoor living products, including wood composite decking, decorative balusters, and post caps and plastic lattice; trellises and arches; and specialty wood packaging and components. Universal Forest Products, Inc. operates in the United States, Canada, and Mexico. The company was founded in 1955 and is headquartered in Grand Rapids, Michigan.
SEAGATE TECHNOLOGY (NASDAQ:STX) - Seagate Technology Public Limited Company designs, manufactures, markets, and sells hard disk drives for the enterprise, client compute, and client non-compute market applications in the United States and internationally. The companys products are used in enterprise servers; mainframes and workstations; desktop and notebook computers; digital video recorders; personal data backup systems; portable external storage systems; and digital media systems. It also offers data storage services for small- to medium-sized businesses, including online backup, data protection, and recovery solutions; and ships external backup storage solutions under the Free Agent Go and Free Agent Go Flex product lines. Seagate Technology sells its products primarily to original equipment manufacturers, distributors, and retailers. The company was founded in 1979 and is headquartered in Dublin, Ireland.
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