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The following is a list of stocks that are approaching an inflection point, based on moving average trends. For this article, we define an inflection point as the convergence between the 50-day and 200-day moving averages.

When these two moving averages cross, it often represents a shift in investor sentiment. If the 50-day MA moves above the 200-day MA (bullish), it's called a "Golden Cross" signal.

To compile this list, we started with a universe of stocks that have seen the SMA50 move above the SMA200 (i.e. the "Golden Cross" signal), and then narrowed it down by only focusing on companies that have seen insider buying over recent months.

Insider trading data sourced from Marketwatch and Factset, moving average data sourced from Finviz.

click for expanded image

The list has been sorted alphabetically.

1. Cheesecake Factory Inc (NASDAQ:CAKE): Restaurants Industry. Market cap of $1.64B. Jerome Kransdorf (Director) bought $58,936 worth of stock between 7/29 and 8/12. SMA50 at $25.00 vs. SMA200 at $24.95 (current price at $27.84). The stock has gained 50.76% over the last year.

2. FedEx Corp (NYSE:FDX): Air Delivery & Freight Services Industry. Market cap of $28.13B. Susan Schwab (Director) bought $20,094 worth of stock on 10/8. SMA50 at $83.84 vs. SMA200 at $83.54 (current price at $89.36). The stock has gained 11.95% over the last year.

3. Harley-Davidson Inc (NYSE:HOG): Recreational Vehicles Industry. Market cap of $7.53B. Martha Brooks (Director) bought $6,649 worth of stock on 8/25. SMA50 at $27.55 vs. SMA200 at $27.36 (current price at $32.06). The stock has gained 23.57% over the last year.

4. Hypercom Corp (NYSE:HYC): Business Equipment Industry. Market cap of $348.44M. Alex Meruelo and Luis Armona collectively bought a total of $978,195 between 8/26 and 9/23. SMA50 at $4.17 vs. SMA200 at $4.13 (current price at $6.32). The stock has gained 100.96% over the last year.

5. Montpelier Re Holdings Ltd (NYSE:MRH): Property & Casualty Insurance Industry. Market cap of $1.26B. Ian Winchester and John Roderick Heller, both directors, bought a total of $175,437 between 7/29 and 9/24. SMA50 at $16.44 vs. SMA200 at $16.28 (current price at $18.01). The stock has gained 5.9% over the last year.

6. Tyler Technologies Inc (NYSE:TYL): Technical & System Software Industry. Market cap of $716.28M. Brown Brothers Harriman (+10% Owner), Brian Miller (CFO and Exec. VP) and Dustin Womble (Exec. VP) collectively bought $3,254,161 between 7/1 and 9/30. SMA50 at $18.80 vs. SMA200 at $18.14 (current price at $20.52). The stock has gained 14.27% over the last year.

7. Wal-Mart Stores Inc (NYSE:WMT): Discount And Variety Stores Industry. Market cap of $193.65B. James Breyer (Director) bought $251,925 between 8/19 and 8/20. SMA50 at $52.33 vs. SMA200 at $52.24 (current price at $53.15). The stock has gained 8.5% over the last year.

8. W&T Offshore Inc (NYSE:WTI): Oil & Gas Drilling & Exploration Industry. Market cap of $835.33M. James Nelson (Director) bought $87,600 on 8/20. SMA50 at $9.82 vs. SMA200 at $9.68 (current price at $11.14). The stock has lost -13.72% over the last year.

Disclosure: No positions

Source: 8 Breakout Stocks Seeing Insider Buying