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Wish you could know what management really thought about their companies?

One great way for an inside look is to consider the stock buying trends of company insiders. Companies with significant net buying from their insiders (i.e. members of the board and upper management) are viewed favorably by analysts because the buying indicates that insiders who know more about their companies than anybody are bullish about their employers.

We ran a screen on stocks trading within 5% of their 52-week highs for companies seeing the most 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 (SPY) index over the last month.

(Click chart for more detail)

Do you think these stocks will break through to new highs? Use this list as a starting point for your own analysis.

List sorted by net insider purchases as a percent of share float.

1. New York Mortgage Trust Inc. (NYMT): Operates as a real estate investment trust (REIT) in the United States. Market cap of $66.95M. The stock is currently trading at 4.75% below its 52-week high. Net insider shares purchased over the last six months at 766.89K, which is 7.40% of the company's 10.36M share float. The stock has had a couple of great days, gaining 5.19% over the last week.

2. AMAG Pharmaceuticals, Inc. (AMAG): Engages in the development and commercialization of a therapeutic iron compound to treat iron deficiency anemia (IDA). Market cap of $397.92M. The stock is currently trading at 3.18% below its 52-week high. Net insider shares purchased over the last six months at 991.15K, which is 7.37% of the company's 13.45M share float. The stock is a short squeeze candidate, with a short float at 8.18% (equivalent to 6.27 days of average volume). The stock has had a good month, gaining 18.42%.

3. Motorola Solutions, Inc. (MSI): Provides business and mission critical communication products and services for enterprise and government customers worldwide. Market cap of $14.98B. The stock is currently trading at 3.11% below its 52-week high. Net insider shares purchased over the last six months at 17.60M, which is 6.73% of the company's 261.49M share float. The stock has gained 27.81% over the last year.

4. The Hain Celestial Group, Inc. (HAIN): Manufactures, markets, distributes, and sells natural and organic food, and personal care products in the United States and internationally. Market cap of $1.62B. The stock is currently trading at 4.32% below its 52-week high. Net insider shares purchased over the last six months at 1.23M, which is 3.41% of the company's 36.13M share float. The stock is a short squeeze candidate, with a short float at 5.68% (equivalent to 6.42 days of average volume). The stock has gained 32.29% over the last year.

5. Ladenburg Thalmann Financial Services Inc. (LTS): Provides a range of financial services primarily to corporate and institutional clients, and high net-worth individuals in the United States. Market cap of $439.20M. The stock is currently trading at 3.49% below its 52-week high. Net insider shares purchased over the last six months at 957.50K, which is 1.21% of the company's 79.16M share float. The stock has had a good month, gaining 23.08%.

6. Western Gas Partners LP (WES): Engages in the acquisition, ownership, development, and operation of midstream energy assets in east and west Texas, the Rocky Mountains, and the Mid-Continent. Market cap of $3.44B. The stock is currently trading at 1.58% below its 52-week high. Net insider shares purchased over the last six months at 359.98K, which is 0.73% of the company's 49.46M share float. The stock has gained 34.72% over the last year.

7. Teche Holding Company (TSH): Operates as the holding company for Teche Federal Bank that offers various financial services in Louisiana, the United States. Market cap of $71.58M. The stock is currently trading at 2.04% below its 52-week high. Net insider shares purchased over the last six months at 8.86K, which is 0.59% of the company's 1.50M share float. The stock has gained 8.44% over the last year.

8. RLI Corp. (RLI): Underwrites property and casualty insurance primarily in the United States. Market cap of $1.52B. The stock is currently trading at 2.17% below its 52-week high. Net insider shares purchased over the last six months at 96.75K, which is 0.56% of the company's 17.22M share float. The stock is a short squeeze candidate, with a short float at 9.51% (equivalent to 15.45 days of average volume). The stock has gained 50.61% over the last year.

9. Omniamerican Bancorp, Inc. (OABC): Operates as the holding company for OmniAmerican Bank, which is a federally-chartered savings bank that provides banking services to consumers and businesses in Texas. Market cap of $172.54M. The stock is currently trading at 3.64% below its 52-week high. Net insider shares purchased over the last six months at 36.99K, which is 0.46% of the company's 8.10M share float. The stock has gained 17.05% over the last year.

10. Acorn Energy, Inc. (ACFN): Provides energy infrastructure management solutions worldwide. Market cap of $95.48M. The stock is currently trading at 2.27% below its 52-week high. Net insider shares purchased over the last six months at 59.97K, which is 0.37% of the company's 16.28M share float. The stock has gained 39.39% over the last year.

11. Citizens Republic Bancorp, Inc (CRBC): Operates as the bank holding company for Citizens Bank that provides banking and financial services to individuals and businesses in Michigan, Wisconsin, Ohio, and Indiana. Market cap of $452.52M. The stock is currently trading at 3.09% below its 52-week high. Net insider shares purchased over the last six months at 118.0K, which is 0.35% of the company's 33.61M share float. This is a risky stock that is significantly more volatile than the overall market (beta = 2.11). The stock has had a good month, gaining 10.2%.

12. Questcor Pharmaceuticals, Inc. (QCOR): Provides prescription drugs for central nervous system and inflammatory disorders. Market cap of $2.72B. The stock is currently trading at 4.46% below its 52-week high. Net insider shares purchased over the last six months at 181.88K, which is 0.33% of the company's 55.65M share float. The stock has gained 180.98% over the last year.

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

Source: 12 Stocks Trading Near Highs On Insider Buying