Institutions Accumulating Shares

Of the stocks listed Monday (Strong Stock Charts), The Ensign Group (ENSG) and TeleCommunication Systems (TSYS) have the strongest increases in institutional sponsorship from last reporting period to the most recent reporting period.

ENSG has witnessed a 26% surge in shares being held this period versus last period and a 303% increase in the value of shares bought versus the value of shares sold. TSYS shows a 24% surge in shares being held this period versus last period and an 81% increase in the value of shares bought versus the value of shares sold.

I know these aren’t the most exciting stocks when researching net income, revenues and cash flow but technically speaking, they have promise. Concentrate on the “up-days” versus “down-days” on the daily charts (up volume versus down volume) and take a look at the institutional numbers in greater detail:

ENSG – The Ensign Group, Inc.
Institutional Analysis:
Total Held by Institutions: 119
Money Market: 51
Mutual Fund: 64
Other: 4

New Positions: 39
Positions Sold: 4
Shares Held: 6.19M
Shares Held Previous Period: 4.91M +26%

Shares Bought: 1.69M
Shares Sold: 0.4M
Value of Shares Bought: $24.4M +303%
Value of Shares Sold: $6.1M

TSYS – TeleCommunication Systems, Inc.
Institutional Analysis:
Total Held by Institutions: 203
Money Market: 107
Mutual Fund: 91
Other: 5

New Positions: 107
Positions Sold: 18
Shares Held: 30.5M
Shares Held Previous Period: 24.7M +24%

Shares Bought: 13.0M
Shares Sold: 7.2M
Value of Shares Bought: $100.4M +81%
Value of Shares Sold: $55.4M