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Analysts follow the buying trends of company insiders because, after all, no one is more knowledgeable about the companies than they are.

We ran a screen on technically oversold stocks (with RSI(14) below 40) that are being highly shorted, with short floats above 10%. We screened these stocks for those seeing significant net insider buying over the last six months.

Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the top six stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.

We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index over the last month. To access a complete analysis of this list's recent performance, click here.


(Click to enlarge)

Do you agree with insiders on these names? Use this list as a starting-off point for your own analysis.

List sorted by RSI(14).

1. ChinaCast Education Corporation (OTCPK:CAST): Provides post-secondary education and e-learning services in China. Market cap of $189.59M. RSI(14) at 23.13. Short float at 12.21%. Net insider shares purchased over the last six months at 317.80K, which is 1.02% of the company's 31.25M share float. The stock is currently stuck in a downtrend, trading 11.64% below its SMA20, 16.88% below its SMA50, and 34.88% below its SMA200. It's been a rough couple of days for the stock, losing 9.79% over the last week.

2. US Gold Corporation (NYSE:UXG): Engages in the exploration for, development of, production, and sale of gold, silver, and other precious metals. Market cap of $542.87M. RSI(14) at 23.72. Short float at 12.07%. Net insider shares purchased over the last six months at 3.07M, which is 2.85% of the company's 107.66M share float. The stock is currently stuck in a downtrend, trading 28.74% below its SMA20, 32.8% below its SMA50, and 42.28% below its SMA200. It's been a rough couple of days for the stock, losing 27.11% over the last week.

3. The KEYW Holding Corporation (NASDAQ:KEYW): Provides mission-critical cybersecurity and cyber superiority solutions to defense, intelligence, and national security agencies in the United States. Market cap of $192.61M. RSI(14) at 23.87. Short float at 11.69%. Net insider shares purchased over the last six months at 63.0K, which is 0.31% of the company's 20.62M share float. The stock is currently stuck in a downtrend, trading 34.5% below its SMA20, 34.25% below its SMA50, and 43.34% below its SMA200. It's been a rough couple of days for the stock, losing 26.4% over the last week.

4. Pacific Sunwear of California Inc. (NASDAQ:PSUN): Operates as a retailer rooted in the action sports, fashion, and music influences of the California lifestyle. Market cap of $90.79M. RSI(14) at 26.02. Short float at 18.66%. Net insider shares purchased over the last six months at 10.33M, which is 28.80% of the company's 35.86M share float. This is a risky stock that is significantly more volatile than the overall market (beta = 2.59). The stock is currently stuck in a downtrend, trading 11.37% below its SMA20, 34.93% below its SMA50, and 62.27% below its SMA200. It's been a rough couple of days for the stock, losing 6.21% over the last week.

5. ITT Educational Services Inc. (NYSE:ESI): Offers postsecondary-degree programs in the U.S. that provide diplomas as well as associates, bachelors, and masters degrees. Market cap of $1.67B. RSI(14) at 29.57. Short float at 34.43%. Net insider shares purchased over the last six months at 374.0K, which is 2.10% of the company's 17.79M share float. Might be undervalued at current levels, with a PEG ratio at 0.88, and P/FCF ratio at 3.2. The stock is currently stuck in a downtrend, trading 14.31% below its SMA20, 22.72% below its SMA50, and 21.36% below its SMA200. The stock has performed poorly over the last month, losing 14.97%.

6. Central European Media Enterprises Ltd. (NASDAQ:CETV): Operates as a vertically integrated media company operating broadcast, content, and new media businesses in central and eastern European countries. Market cap of $536.37M. RSI(14) at 29.63. Short float at 12.11%. Net insider shares purchased over the last six months at 433.36K, which is 1.59% of the company's 27.21M share float. This is a risky stock that is significantly more volatile than the overall market (beta = 3.23). It's been a rough couple of days for the stock, losing 7.03% over the last week.

7. Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS): Provides engineering, war fighter, security, and information technology services, solutions, and products in the United States. Market cap of $254.24M. RSI(14) at 30.98. Short float at 10.25%. Net insider shares purchased over the last six months at 175.77K, which is 0.59% of the company's 29.93M share float. The stock is currently stuck in a downtrend, trading 13.22% below its SMA20, 19.73% below its SMA50, and 39.33% below its SMA200. It's been a rough couple of days for the stock, losing 6.23% over the last week.

8. Cenveo Inc. (NYSE:CVO): Operates as a diversified printing company in North America. Market cap of $194.73M. RSI(14) at 31.47. Short float at 10.57%. Net insider shares purchased over the last six months at 125.37K, which is 0.24% of the company's 52.20M share float. This is a risky stock that is significantly more volatile than the overall market (beta = 2.25). The stock is currently stuck in a downtrend, trading 13.93% below its SMA20, 27.63% below its SMA50, and 44.02% below its SMA200. The stock has performed poorly over the last month, losing 26.43%.

9. Red Robin Gourmet Burgers Inc. (NASDAQ:RRGB): Develops, operates, and franchises casual-dining restaurants in the United States and Canada. Market cap of $374.49M. RSI(14) at 31.86. Short float at 14.82%. Net insider shares purchased over the last six months at 34.70K, which is 0.27% of the company's 12.69M share float. The stock is currently stuck in a downtrend, trading 13.7% below its SMA20, 22.77% below its SMA50, and 15.54% below its SMA200. The stock has performed poorly over the last month, losing 22.32%.

10. Iridium Communications Inc. (NASDAQ:IRDM): Provides mobile voice and data communications services through satellites to businesses, the U. Market cap of $462.69M. RSI(14) at 32.73. Short float at 20.15%. Net insider shares purchased over the last six months at 85.10K, which is 0.20% of the company's 43.35M share float. The stock is currently stuck in a downtrend, trading 8.99% below its SMA20, 15.21% below its SMA50, and 22.21% below its SMA200. It's been a rough couple of days for the stock, losing 8.01% over the last week.

11. Quepasa Corp. (QPSA): Operates as an online social community for young Hispanics. Market cap of $52.40M. RSI(14) at 33.96. Short float at 20.06%. Net insider shares purchased over the last six months at 306.30K, which is 2.18% of the company's 14.08M share float. The stock is currently stuck in a downtrend, trading 16.43% below its SMA20, 36.87% below its SMA50, and 53.9% below its SMA200. The stock has performed poorly over the last month, losing 25.19%.

12. Leap Wireless International Inc. (LEAP): Provides digital wireless services under the “Cricket' brand name in the United States. Market cap of $557.98M. RSI(14) at 34.13. Short float at 14.80%. Net insider shares purchased over the last six months at 40.0K, which is 0.08% of the company's 49.42M share float. The stock is currently stuck in a downtrend, trading 11.59% below its SMA20, 24.02% below its SMA50, and 47.52% below its SMA200. It's been a rough couple of days for the stock, losing 11.6% over the last week.

13. Zoltek Companies Inc. (NASDAQ:ZOLT): Develops, manufactures, and markets carbon fibers and technical fibers. Market cap of $230.28M. RSI(14) at 34.37. Short float at 18.81%. Net insider shares purchased over the last six months at 52.21K, which is 0.19% of the company's 27.61M share float. The stock is a short squeeze candidate, with a short float at 18.81% (equivalent to 22.71 days of average volume). The stock is currently stuck in a downtrend, trading -13.23% below its SMA20, -22.4% below its SMA50, and -40.57% below its SMA200. It's been a rough couple of days for the stock, losing 6.29% over the last week.

14. The McClatchy Company (NYSE:MNI): Operates as a newspaper publisher in the United States. Market cap of $106.50M. RSI(14) at 34.56. Short float at 44.17%. Net insider shares purchased over the last six months at 318.80K, which is 0.66% of the company's 48.48M share float. This is a risky stock that is significantly more volatile than the overall market (beta = 3.23). The stock is currently stuck in a downtrend, trading 9.41% below its SMA20, 25.16% below its SMA50, and 59.59% below its SMA200. It's been a rough couple of days for the stock, losing 7.41% over the last week.

15. Sequenom Inc. (NASDAQ:SQNM): Provides products, services, diagnostic testing, applications, and genetic analysis products that translate the results of genomic science into solutions for biomedical research, translational research, molecular medicine applications, and agricultural and livestock research. Market cap of $507.80M. RSI(14) at 34.94. Short float at 19.10%. Net insider shares purchased over the last six months at 32.85K, which is 0.04% of the company's 89.68M share float. The stock is currently stuck in a downtrend, trading 10.65% below its SMA20, 15.67% below its SMA50, and 26.22% below its SMA200. It's been a rough couple of days for the stock, losing 7.75% over the last week.

16. Star Scientific, Inc. (CIGX): Engages in the development, implementation, and licensing of tobacco curing technology that prevents the formation of carcinogenic toxins present in tobacco and tobacco smoke, primarily the tobacco-specific nitrosamines (TSNA). Market cap of $332.25M. RSI(14) at 35.25. Short float at 15.61%. Net insider shares purchased over the last six months at 4.04M, which is 3.98% of the company's 101.46M share float. The stock is currently stuck in a downtrend, trading 17.19% below its SMA20, 27.71% below its SMA50, and 29.82% below its SMA200. It's been a rough couple of days for the stock, losing 14.58% over the last week.

17. Hercules Offshore, Inc. (NASDAQ:HERO): Provides shallow-water drilling and marine services to the oil and natural gas exploration and production industry in the U. Market cap of $438.46M. RSI(14) at 35.28. Short float at 12.16%. Net insider shares purchased over the last six months at 32.0K, which is 0.03% of the company's 112.97M share float. This is a risky stock that is significantly more volatile than the overall market (beta = 3.07). The stock is currently stuck in a downtrend, trading 19.55% below its SMA20, 20.41% below its SMA50, and 34.11% below its SMA200. It's been a rough couple of days for the stock, losing 12.4% over the last week.

*Insider data sourced from Yahoo! Finance, all other data sourced from Finviz.

Source: 17 Oversold, Highly Shorted Stocks Being Snapped Up By Insiders