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The following is a list of oversold stocks, as determined by the Relative Strength, or RSI(14), indicator. All of these stock has RSI(14) readings below 40, and have seen insider buying over the last week.

For each stock, we'll list the individuals involved. We'll also list short float data to give some perspective on investor sentiment.



The list has been sorted by the RSI(14) indicator...

1. Dr Pepper Snapple Group, Inc. (NYSE:DPS): Soft Drinks Industry. Market cap of $8,296B. RSI(14) at 29.95. David Thomas (Senior Vice President) bought $20,914 worth of stock on September 10, while Martin M Ellen (Executive Vice President & CFO) bought $69,820 worth of stock on the same date. Larry Young (President & CEO) also bought $174,270 worth of DPS stock. Short float at 3.16%, which implies a short ratio of 2.46 days. The stock has gained 28.25% over the last year.

2. Metro Bancorp, Inc. (NASDAQ:METR): Regional Bank. Market cap of $129M. RSI(14) at 30.82. Gary L Nalbandian (President/CEO) bought $23,715 worth of stock on September 10. Short float at 3.69%, which implies a short ratio of 6.44 days. The stock has lost -38.47% over the last year.

3. Celldex Therapeutics, Inc. (NASDAQ:CLDX): Diagnostic Substances Industry. Market cap of $111M. RSI(14) at 31.85. Harry Penner Jr. (Director) bought $10,470 worth of stock on September 9, while Avery Catlin (Sr. VP & CFO) bought $7,016 worth of stock on September 8. Short float at 13.29%, which implies a short ratio of 6.78 days. The stock has lost -36.78% over the last year.

4. ITT Educational Services Inc. (NYSE:ESI): Education & Training Services Industry. Market cap of $1,855B. RSI(14) at 35.52. Blum Capital Partners (10% Owner) bought $1,079,400 worth of stock on September 8. Short float at 22.97%, which implies a short ratio of 5.4 days. The stock has lost -46.26% over the last year.

5. Methode Electronics Inc. (NYSE:MEI): Diversified Electronics Industry. Market cap of $301M. RSI(14) at 37.05. Paul Shelton (Director) bought $16,837 worth of stock on September 9. Short float at 2.95%, which implies a short ratio of 5.01 days. The stock has lost -12.89% over the last year.

6. Opko Health, Inc. (NYSE:OPK): Drug Manufacturer. Market cap of $534M. RSI(14) at 38.29. Phillip Frost (CEO & Chairman) bought $20,940 worth of stock on September 7. Short float at 4.79%, which implies a short ratio of 15.76 days. The stock has lost -17.39% over the last year.

7. THQ Inc. (THQI): Multimedia & Graphics Software Industry. Market cap of $236M. RSI(14) at 38.63. Brian Farrell (Chairman, CEO and President) bought $53,550 worth of stock on September 3. Short float at 9.79%, which implies a short ratio of 6.24 days. The stock has lost -40.92% over the last year.

Disclosure: No positions

Source: 7 Oversold Stocks Seeing Recent Insider Buying