Weekly Guru Bargains Highlights: NVDA, TQNT, CRUS, FNSR, MWW

Author's Avatar
Jul 24, 2011
Last week’s top five guru bargain stocks were NVDA, TQNT, CRUS, FNSR, and MWW. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.


NVIDIA Corp. (NVDA, Financial): Down 29% Since George Soros Bought In the Quarter Ended on 2011-03-31


George Soros added to his holdings in Semiconductors company Nvidia Corp. by 119.36% during the quarter ended 03/31/2011. His purchase prices were between $15.4 and $25.68, with an estimated average price of $21.23. Since then the prices of NVIDIA Corp. shares have declined by -29% from the estimated average. George Soros owned 421,124 shares of as of 03/31/2011.


NVIDIA Corporation designs, develops and markets a `top-to-bottom` family of award-winning 3D graphics processors, graphics processing units and related software that set the standard for performance, quality and features for every type of desktop personal computer user, from professional workstations to low-cost computers. Nvidia Corp. has a market cap of $9 billion; its shares were traded at around $15 with a P/E ratio of 23.8 and P/S ratio of 2.6.


NVDA recently reported revenue of $962.0 million for the first quarter of fiscal 2012 ended May 1, 2011, up 8.5 percent from the prior quarter, and down 4.0 percent from $1.0 billion from the same period a year earlier.


George Soros owns 421,124 shares as of 03/31/2011, an increase of 119.36% from the previous quarter. This position accounts for 0.1211% of the $6.42 billion portfolio of Soros Fund Management LLC. Kenneth Fisher owns 1,336,980 shares as of 03/31/2011, which accounts for 0.07% of the $37.97 billion portfolio of Fisher Asset Management, LLC. PRIMECAP Management owns 39,080,691 shares as of 03/31/2011, which accounts for 1.02% of the $70.47 billion portfolio of PRIMECAP Management. Robert Karr owns 208,660 shares as of 03/31/2011, which accounts for 0.67% of the $579 million portfolio of Joho Capital.


President and CEO Jen Hsun Huang sold 190,910 shares of NVDA stock on 07/08/2011 at the average price of 15.56. Jen Hsun Huang owns at least 21,117,380 shares after this. The price of the stock has decreased by 3.6% since. Other insiders have also decreased their positions in the company.


TriQuint Semiconductor Inc. (TQNT, Financial): Down 21% Since Chuck Royce Bought In the Quarter Ended on 2011-03-31


Chuck Royce added to his holdings in Semiconductors company Triquint Semiconductor Inc. by 128.63% during the quarter ended 03/31/2011. His purchase prices were between $11.69 and $15.02, with an estimated average price of $13.39. Since then the prices of TriQuint Semiconductor Inc. shares have declined by -21% from the estimated average. Chuck Royce owned 2,211,000 shares of as of 03/31/2011.


TriQuint Semiconductor Inc. designs, develops, manufactures and markets a broad range of high performance analog and mixed signal integrated circuits for communications markets. Triquint Semiconductor Inc. has a market cap of $1.75 billion; its shares were traded at around $10.645 with a P/E ratio of 14.8 and P/S ratio of 1.9.

Kenneth Fisher owns 5,888,914 shares as of 03/31/2011, which accounts for 0.2% of the $37.97 billion portfolio of Fisher Asset Management, LLC.


PRESIDENT AND CEO Ralph Quinsey sold 40,000 shares of TQNT stock on 06/15/2011 at the average price of 11.55. Ralph Quinsey owns at least 64,114 shares after this. The price of the stock has decreased by 7.84% since. Other insiders have also decreased their positions in the company.


Cirrus Logic Inc. (CRUS, Financial): Down 23% Since Jim Simons Bought In the Quarter Ended on 2011-03-31


Jim Simons initiated holdings in Semiconductors company Cirrus Logic Inc. during the quarter ended 03/31/2011. His purchase prices were between $15.98 and $25.15, with an estimated average price of $21.07. Since then the prices of Cirrus Logic Inc. shares have declined by -23% from the estimated average. Jim Simons owned 379,220 shares of as of 03/31/2011.


Cirrus Logic Inc. is a premier supplier of high performance analog circuits and advanced mixed-signal chip solutions. Cirrus Logic Inc. has a market cap of $1.06 billion; its shares were traded at around $16.23 with a P/E ratio of 14.4 and P/S ratio of 2.9. Cirrus Logic Inc. had an annual average earnings growth of 62.5% over the past 5 years.


CRUS recently reported its first quarter 2011 results. Revenue for the quarter was $224.3 million, up 234% from the first quarter of 2010. Commenting on the results for the quarter ended April 2, 2011, Ralph Quinsey, President and Chief Executive Officer, stated "Driven by strong demand in the smartphone market, we enjoyed 24% revenue growth and 47% growth in non-GAAP earnings year over year in the first quarter. Looking ahead, I expect continued solid traction in mobile devices, strength in high performance optical amplifiers and good progress in the cable market."


President & CEO Jason P Rhode sold 87,604 shares of CRUS stock on 02/04/2011 at the average price of 24.82. Jason P Rhode owns at least 7,312 shares after this. The price of the stock has decreased by 34.61% since. There are mixed trades from other insiders.


Finisar Corp. (FNSR, Financial): Down 41% Since Louis Moore Bacon Bought In the Quarter Ended on 2011-03-31


Louis Moore Bacon initiated holdings in Telecommunications Equipment company Finisar Corp. during the quarter ended 03/31/2011. His purchase prices were between $21.14 and $43.23, with an estimated average price of $32.6. Since then the prices of Finisar Corp. shares have declined by -41% from the estimated average. Louis Moore Bacon owned 80,000 shares of as of 03/31/2011.


FINISAR CORP. is a provider of fiber optic subsystems and network test and monitoring systems which enable high-speed data communications over local area networks, or LANs, storage area networks, or SANs, and metropolitan access networks, or MANs. Finisar Corp. has a market cap of $1.73 billion; its shares were traded at around $19.21 with a P/E ratio of 14.8 and P/S ratio of 1.8.


CFO Kurt Adzema sold 4,391 shares of FNSR stock on 04/21/2011 at the average price of 26.9. Kurt Adzema owns at least 44,745 shares after this. The price of the stock has decreased by 28.59% since.


Monster Worldwide Inc. (MWW, Financial): Down 26% Since Arnold Schneider Bought In the Quarter Ended on 2011-03-31


Arnold Schneider added to his holdings in Business Support Services company Monster Worldwide Inc. by 24.08% during the quarter ended 03/31/2011. His purchase prices were between $14.64 and $25.27, with an estimated average price of $18.31. Since then the prices of Monster Worldwide Inc. shares have declined by -26% from the estimated average. Arnold Schneider owned 1,948,483 shares of as of 03/31/2011.


Monster Worldwide, Inc is the online recruitment leader and the parent company of Monster, the global careers website. Monster Worldwide Inc. has a market cap of $1.75 billion; its shares were traded at around $13.52 with a P/E ratio of 112.6 and P/S ratio of 1.9.


Monster Worldwide recently reported its first quarter 2011 results. GAAP revenue of $261 million includes a $2.7 million purchase accounting adjustment related to the HotJobs acquisition. Non-GAAP revenue of $264 million increased 23% from revenue of $215 million in the first quarter of 2010. On a year over year basis, currency translation had a $1.2 million positive impact on non-GAAP revenue in the first quarter.


Arnold Schneider owns 1,948,483 shares as of 03/31/2011, an increase of 24.08% from the previous quarter. This position accounts for 1.71% of the $1.82 billion portfolio of Schneider Capital Management. PRIMECAP Management owns 486,000 shares as of 03/31/2011, a decrease of 43.55% of from the previous quarter. This position accounts for 0.01% of the $70.47 billion portfolio of PRIMECAP Management. Mario Gabelli owns 55,000 shares as of 03/31/2011, a decrease of 74.65% of from the previous quarter. This position accounts for 0.01% of the $13.97 billion portfolio of GAMCO Investors.