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Weekly Guru Bargains Highlights: AKAM, NKTR, LOGI, FFIV, LCC

April 16, 2011 | About:
hyperman299

hyperman299

4 followers
Last week’s top five guru bargain stocks were AKAM, NKTR, LOGI, FFIV, and LCC. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

Akamai Technologies Inc. (AKAM): Down 23% Since Jeremy Grantham Bought In the Quarter Ended on 2010-12-31

Jeremy Grantham added to his holdings in Internet company Akamai Technologies Inc. by 108.46% during the quarter ended 12/31/2010. His purchase prices were between $44.18 and $54.14, with an estimated average price of $49.48. Since then the prices of Akamai Technologies Inc. shares have declined by -23% from the estimated average. Jeremy Grantham owned 105,900 shares of as of 12/31/2010.

Akamai Technologies Inc. is the global service provider for accelerating content and business processes online. Akamai Technologies Inc. has a market cap of $7.13 billion; its shares were traded at around $38.09 with a P/E ratio of 37.7 and P/S ratio of 7. Akamai Technologies Inc. had an annual average earnings growth of 26.4% over the past 5 years.

AKAM recently reported financial results for the fourth quarter and full-year ended December 31, 2010. Revenue for the fourth quarter 2010 was $284.7 million, a 12 percent increase over third quarter revenue of $253.6 million, and a 19 percent increase over fourth quarter 2009 revenue of $238.3 million. Total revenue for 2010 was $1,023.6 million, a 19 percent increase over 2009 revenue of $859.8 million.

Andreas Halvorsen bought 3,757,500 shares in the quarter that ended on 12/31/2010, which is 1.47% of the $12.06 billion portfolio of Viking Global Investors LP. Mario Gabelli owns 33,228 shares as of 12/31/2010, which accounts for 0.01% of the $26.72 billion portfolio of GAMCO Investors. PRIMECAP Management owns 940,486 shares as of 12/31/2010, which accounts for 0.07% of the $67.24 billion portfolio of PRIMECAP Management.

Sell: CEO Paul Sagan sold 25,000 shares of AKAM stock on 02/07/2011 at the average price of 48.18. Paul Sagan owns at least 154,406 shares after this. The price of the stock has decreased by 20.94% since. Other insiders have also decreased their positions in the company.

Nektar Therapeutics (NKTR): Down 29% Since Jim Simons Bought In the Quarter Ended on 2010-12-31

Jim Simons initiated holdings in Pharmaceuticals company Nektar Therapeutics during the quarter ended 12/31/2010. His purchase prices were between $12.3 and $15.88, with an estimated average price of $14.01. Since then the prices of Nektar Therapeutics shares have declined by -29% from the estimated average. Jim Simons owned 108,948 shares of as of 12/31/2010.

NKTR recently reported its fourth quarter and year end 2010 results. Revenue for the fourth quarter of 2010 increased to $45.3 million as compared to $39.0 million in the fourth quarter of 2009. Revenue for the full year 2010 increased to $159.0 million as compared to $71.9 million for the full year 2009.

Nektar Therapeutics, formerly Inhale Therapeutic Systems, Inc. Nektar Therapeutics has a market cap of $1.14 billion; its shares were traded at around $10.01 with and P/S ratio of 7.2.

PRIMECAP Management owns 4,332,815 shares as of 12/31/2010, an increase of 16.92% from the previous quarter. This position accounts for 0.08% of the $67.24 billion portfolio of PRIMECAP Management. PRIMECAP Management owns 4,332,815 shares as of 12/31/2010, which accounts for 0.08% of the $67.24 billion portfolio of PRIMECAP Management.

Sell: Director Robert Chess sold 4,500 shares of NKTR stock on 03/08/2011 at the average price of 9. Robert Chess owns at least 255,709 shares after this. The price of the stock has increased by 11.22% since.

Logitech International S.A. (LOGI): Down 28% Since Steven Cohen Bought In the Quarter Ended on 2010-12-31

Steven Cohen initiated holdings in Computer Hardware company Logitech International S.a. during the quarter ended 12/31/2010. His purchase prices were between $17.02 and $21.89, with an estimated average price of $19.44. Since then the prices of Logitech International S.A. shares have declined by -28% from the estimated average. Steven Cohen owned 261,863 shares of as of 12/31/2010.

Logitech recently reported its third quarter financial results for its fiscal year 2011. Sales for Q3 FY 2011 were $754 million, up 22 percent from $617 million in the same quarter last year. Excluding the unfavorable impact of exchange rate changes, sales increased by 26 percent. Operating income was $76 million, an increase of 30 percent compared to $58 million in the same quarter a year ago. Net income for Q3 was $65 million ($0.36 per share) compared to $57 million ($0.32 per share) in Q3 of FY 2010. Gross margin for Q3 FY 2011 was 36.0 percent, up from 33.9 percent one year ago.

Logitech designs, manufactures and markets innovative peripherals that provide people with easy access to the digital world. Logitech International S.a. has a market cap of $2.43 billion; its shares were traded at around $13.9 with a P/E ratio of 16.5 and P/S ratio of 1.2. Logitech International S.a. had an annual average earnings growth of 31.3% over the past 10 years. GuruFocus rated Logitech International S.a. the business predictability rank of 3-star.

Kenneth Fisher owns 2,643,710 shares as of 12/31/2010, which accounts for 0.14% of the $35.88 billion portfolio of Fisher Asset Management, LLC.

F5 Networks Inc. (FFIV): Down 21% Since Jim Simons Bought In the Quarter Ended on 2010-12-31

Jim Simons added to his holdings in Telecommunications Equipment company F5 Networks Inc. by 229.01% during the quarter ended 12/31/2010. His purchase prices were between $90.99 and $143.09, with an estimated average price of $120.5. Since then the prices of F5 Networks Inc. shares have declined by -21% from the estimated average. Jim Simons owned 764,874 shares of as of 12/31/2010.

F5 Networks Inc. is a provider of integrated Internet traffic and content management solutions designed to improve the availability and performance of mission-critical Internet-based servers and applications. F5 Networks Inc. has a market cap of $7.65 billion; its shares were traded at around $94.69 with a P/E ratio of 43.2 and P/S ratio of 8.7. F5 Networks Inc. had an annual average earnings growth of 20.4% over the past 5 years.

FFIV recently reported its results for the first quarter of fiscal 2011. GAAP net income was $55.7 million ($0.68 per diluted share), compared to $48.2 million ($0.59 per diluted share) in the prior quarter and $29.3 million ($0.36 per diluted share) in the first quarter a year ago.

Ron Baron bought 22,500 shares in the quarter that ended on 12/31/2010, which is 0.02% of the $16.91 billion portfolio of Baron Funds. George Soros bought 5,700 shares in the quarter that ended on 12/31/2010, which is 0.01% of the $7.69 billion portfolio of Soros Fund Management LLC.

Sell: President and CEO John Mcadam sold 12,500 shares of FFIV stock on 02/14/2011 at the average price of 128.3. John Mcadam owns at least 339,728 shares after this. The price of the stock has decreased by 26.2% since. Other insiders have also decreased their positions in the company.

US AIRWAYS GROUP INC. (LCC): Down 24% Since Jim Simons Bought In the Quarter Ended on 2010-12-31

Jim Simons added to his holdings in Airlines company Us Airways Group Inc. by 223.18% during the quarter ended 12/31/2010. His purchase prices were between $9 and $12.07, with an estimated average price of $10.66. Since then the prices of US AIRWAYS GROUP INC. shares have declined by -24% from the estimated average. Jim Simons owned 523,332 shares of as of 12/31/2010.

America West Holdings Corporation is the parent company of AWA and TLC. Us Airways Group Inc. has a market cap of $1.31 billion; its shares were traded at around $8.09 with a P/E ratio of 3.7 and P/S ratio of 0.1.

David Tepper owns 2,901,415 shares as of 12/31/2010, an increase of 27.91% from the previous quarter. This position accounts for 0.59% of the $4.92 billion portfolio of Appaloosa Management LP. Donald Smith owns 1,372,420 shares as of 12/31/2010, which accounts for 0.46% of the $2.98 billion portfolio of Donald Smith & Co.. PRIMECAP Management owns 431,000 shares as of 12/31/2010, which accounts for 0.01% of the $67.24 billion portfolio of PRIMECAP Management.

Sell: Executive VP & CFO Derek J Kerr sold 107,415 shares of LCC stock on 10/27/2010 at the average price of 11.71. Derek J Kerr owns at least 8,935 shares after this. The price of the stock has decreased by 30.91% since. Other insiders have also decreased their positions in the company.


Rating: 3.4/5 (8 votes)

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