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Insiders tend to know their companies better than outsiders or analysts, so when they put their own money in share purchases it can often make sense to buy shares when they are buying. Many of these companies have seen a recent drop in their stock price and it appears that in most cases, insiders are taking advantage of the lower share price. I have provided links for each stock which verifies the insider buying filed with the SEC below. Here are the stocks:

Central European Distribution Corp. (NASDAQ:CEDC) shares are trading at $12.13. CEDC is a leading beverage distribution company, based in Pennsylvania. The 50 day moving average is $11.44 and the 200 day moving average is $19.62. Earnings estimates for CEDC are $1.02 per share in 2011 and $1.52 for 2012. The 52 week range is $10 to $28.08. Book value is stated at $22.19. You can see the insider buying here.

What CEDC insiders and other investors might be seeing: CEDC reported earnings a few weeks ago which disappointed the market and shares dropped significantly, from about $23, down to around $10. However, there are signs of a major bottom being put in, with multiple insiders making very significant new purchases of this stock at these bargain levels. When you see this many insiders loading up on shares after a big drop, it confirms to me that they are very confident the market is significantly undervaluing these shares.

Eastman Kodak (EK) shares are trading at $3.17. Eastman Kodak is a maker of cameras, photography products and provides digital services. Earnings estimates indicate a loss of 45 cents per share for 2011. The 50 day moving average is $3.22 and the 200 day moving average is $4.01. The 52 week range is $2.75 to $5.95. You can see the insider buying here.

What Eastman Kodak insiders and other investors might be seeing: Eastman Kodak has been losing money, keeping the share price low for a very long time. These insiders must be seeing signs of a turnaround for them to be repeatedly buying shares.

MEMC Electronic Materials (WFR) is trading at $9.08. MEMC is a maker of silicon wafers for semiconductor and solar use. These shares have a 52 week range of $8.96 and $15.04. The 50 day moving average is $11.13 and the 200 day moving average is $11.90. Estimates for MEMC shares are about $1.09 per share in 2011. You can see the insider buying here.

What MEMC insiders and other investors might be seeing: These shares have dropped hard recently, so it looks like insiders are possibly doing some bargain hunting.

Life Time Fitness (NYSE:LTM) shares are trading at $34.69. Life Time designs and operates sports facilities. These shares have a 52 week range of $30.39 and $44.25. The 50 day moving average is about $37.17 and the 200 day moving average is about $38.66. Earnings estimates for Life Time are $2.29 per share in 2011. You can see the repeated insider buying here.

What LTM insiders and other investors might be seeing: The stock has dropped from around the $38 level earlier this year, down to about $34. It looks like insiders are possibly doing some bargain hunting. However, since only one insider has been buying recently, I would want to see more before considering this more seriously.

Lithia Motors, Inc. (NYSE:LAD) shares are trading at $17.47. Lithia runs auto dealerships, and is based in Oregon. These shares have traded in a range between $5.87 to $19.09 in the last 52 weeks. The 50 day moving average is $16.32 and the 200 day moving average is $13.41. You can see the insider buying here.

What Lithia insiders and other investors might be seeing: Auto sales have been improving for most dealerships. The CEO has been buying shares even as the stock price has been rising, so this company might be seeing improved results.

Osiris Therapeutics, Inc. (NASDAQ:OSIR) is trading around $7.08. Osiris is a stem cell therapeutics company, based in Maryland. The 50 day moving average is $6.95 and the 200 day moving average is $7.15. These shares have traded in a range between $5.39 to $8.58 in the last 52 weeks. You can see the insider buying here.

What Osiris insiders and other investors might be seeing: This company recently reported a 67% rise in profits for the first quarter. You can read more about that here.

Disclaimer: The data is sourced from Yahoo Finance and Insidercow.com. The information and data is believed to be accurate, but no guarantees or representations are made. Rougemont is not a registered investment advisor and does not provide specific investment advice. The information contained herein is for informational purposes only.

Source: 6 Stocks to Consider on Insider Buying Reported This Week