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Do you consider yourself a contrarian investor? For ideas on how to start your own contrarian search, we ran a screen.

We began by screening the small-cap sector for stocks with bearish sentiment, with float shorts above 10%.

We then screened these names for those with the confidence of their company insiders, such as members of the board and upper management, with significant net insider purchases over the last six months representing at least 2% of share float. Since most companies only have a handful of company insiders, net insider purchases representing 2% of share float is a big show of confidence in their employer's prospects.

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Do you think these companies deserve to be so highly shorted? Use this list as a starting point for your own analysis.

List sorted by net insider purchases over the last six months as a percent of share float.

1. Texas Industries Inc. (NYSE:TXI): Engages in the production and supply of heavy construction materials in the United States. Market cap at $869.62M, most recent closing price at $31.08. Float short at 22.05%. Over the last six months, insiders were net buyers of 2,744,380 shares, which represents about 21.73% of the company's 12.63M share float.

2. Leap Wireless International Inc. (LEAP): Provides digital wireless services under the 'Cricket' brand name in the United States. Market cap at $426.89M, most recent closing price at $5.39. Float short at 17.97%. Over the last six months, insiders were net buyers of 8,006,000 shares, which represents about 16.25% of the company's 49.26M share float.

3. Gaylord Entertainment Co. (GET): Operates as a diversified hospitality and entertainment company in the United States. Market cap at $1.6B, most recent closing price at $32.74. Float short at 15.35%. Over the last six months, insiders were net buyers of 4,266,250 shares, which represents about 11.4% of the company's 37.41M share float.

4. EXCO Resources Inc. (NYSE:XCO): Engages in the exploration, exploitation, development, and production of onshore North American oil and natural gas properties with a focus on shale resource plays. Market cap at $1.56B, most recent closing price at $7.21. Float short at 16.41%. Over the last six months, insiders were net buyers of 5,399,430 shares, which represents about 4.01% of the company's 134.76M share float.

5. Opko Health, Inc. (NYSE:OPK): Engages in the discovery, development, and commercialization of novel and proprietary technologies primarily in the United States, Chile, and Mexico. Market cap at $1.33B, most recent closing price at $4.49. Float short at 23.43%. Over the last six months, insiders were net buyers of 5,171,720 shares, which represents about 3.81% of the company's 135.71M share float.

6. Vistaprint N.V. (NASDAQ:VPRT): Operates as an online provider of marketing products and services to micro businesses worldwide. Market cap at $1.3B, most recent closing price at $35.15. Float short at 23.78%. Over the last six months, insiders were net buyers of 613,552 shares, which represents about 2.37% of the company's 25.85M share float.

7. American Public Education, Inc. (NASDAQ:APEI): Provides online higher education focused primarily on serving the military and public service communities. Market cap at $510.79M, most recent closing price at $28.33. Float short at 18.51%. Over the last six months, insiders were net buyers of 283,600 shares, which represents about 1.68% of the company's 16.91M share float.

8. Universal Display Corp. (PANL): Engages in the research, development, and commercialization of organic light emitting diode technologies and materials for use in flat panel display, solid-state lighting, and other product applications. Market cap at $1.3B, most recent closing price at $27.97. Float short at 31.15%. Over the last six months, insiders were net buyers of 406,907 shares, which represents about 1.19% of the company's 34.33M share float.

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

Source: 8 Highly Shorted Small-Caps With Strong Insider Buying