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All of these companies have recently reported substantial insider buying. The fact that insiders are buying these names could be a good sign that there is still significant upside potential in these shares. Some of these stocks like AVI BioPharma (AVII) and CarMax (KMX) have fallen recently, and the sell off in those names could be buying opportunities. I have provided links for each stock which verifies the insider buying filed with the SEC below. Here are the stocks:

AVI BioPharma, Inc. (AVII) is trading at $1.61. Avi Biopharma is a biotechnology company based in Washington. These shares have a 52 week range of $1.11 and $2.74. The 50 day moving average is $1.91 and the 200 day moving average is $1.95, so the shares are trading well below these key support levels. (The stock could drop further.) Earnings estimates for AVII are for a loss of 27 cents per share in 2011 and a loss of 21 cents for 2012. You can see the repeated insider buying here.

Who is buying at AVI BioPharma: A number of insiders have been buying, mostly directors and the CEO. The level of insider buying easily totals more than $300,000 in the past couple of weeks. These purchases appear to be part of a recent stock offering for $1.50 per share by AVII which you can read about here. This stock is trading well below the recent moving averages so I would buy only in stages since these shares are showing signs of weakness, and could dip further to even below $1.50.

Jos. A. Banks Clothiers, Inc. (JOSB) is trading around $50.34. JOSB operates a chain of clothing stores and is based in Maryland. The 50 day moving average is $46.59 and the 200 day moving average is $42.53. These shares have traded in a range between $35.01 to $52.51 in the last 52 weeks. JOSB is estimated to earn about $3.42 per share in 2011 and $3.76 in 2012. You can see the insider buying here.

Who is buying at Jos. A. Banks: One director bought over $60,000 worth of shares just days ago. This stock is trading well above the recent moving averages, so I would wait for pullbacks before considering a buy here.

CarMax, Inc. (KMX) is trading around $32.21. CarMax is a retailer of new and used vehicles, based in Virginia. The 50 day moving average is $33.92 and the 200 day moving average is $28.94. These shares have traded in a range between $18.62 to $37.02 in the last 52 weeks. KMX is estimated to earn about $1 per share in 2011. You can see the insider buying here.

Who is buying at CarMax: A director recently purchased over $31,000 worth of KMX. These share have dropped below the 50 day moving average so they could remain soft for a while. If they drop to around $29, I would buy more aggressively.

Red Robin Gourmet Burgers, Inc. (RRGB) is trading around $26.35. Red Robin is a gourmet burger restaurant based in Colorado. The relative strength index is about 65. The 50 day moving average is $23.78 and the 200 day moving average is $21.04. The fact that the 50 day moving average has crossed over the 200 dma indicates a bullish uptrend called a Golden Cross Formation. These shares have traded in a range between $16.85 to $29.10 in the last 52 weeks. RRGB is estimated to earn about $1 per share in 2011. You can see the repeated insider buying here.

Who is buying at Red Robin: A number of insiders have been buying, mostly directors and the level of insider buying easily totals more than $100,000 in the past several weeks alone. This stock is trading well above the recent moving averages, so I would wait for pullbacks before considering a buy here.

Apollo Global Management, LLC. (APO) is trading around $18. APO is an investment management company based in New York. This company recently went public. These shares have traded in a range between $17.65 to $19, since going public. Earnings estimates were not available at Yahoo Finance. The book value is stated to be $1.54. You can see the insider buying here.

Who is buying at Apollo: The CFO, directors, and an officer at APO bought millions of dollars worth of shares at the initial public offering price of $19 per share. Since these shares are already trading below that level, I would wait to see where this stock finds support before buying a significant amount of shares.

Carter's, Inc. (CRI) is trading around $29.03. CRI manufactures apparel and is based in Georgia. The 50 day moving average is $28.50 and the 200 day moving average is $27.40. These shares have traded in a range between $22.19 to $34.24 in the last 52 weeks. CRI is estimated to earn about $1.84 per share in 2011 and $2.32 in 2012. You can see the insider buying here.

Who is buying at Carter's: A couple of investment funds have been buying millions of dollars worth of shares in Carter's. This stock is trading above the recent moving averages, so I would wait for pullbacks to around $28 before considering a buy here.

The data is sourced from Yahoo Finance and Insidercow.com.

Source: 6 Stocks Reporting Substantial Insider Buying