Last weeks’ top five guru bargain stocks were AKAM, PHG, TRMB, TX and IMAX. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.
Akamai Technologies Inc. (AKAM): Down 44% Since Louis Moore Bacon Bought In the Quarter Ended on 2011-03-31
Louis Moore Bacon initiated holdings in Internet company Akamai Technologies Inc. during the quarter ended 03/31/2011. His purchase prices were between $34.96 and $52.24, with an estimated average price of $43.1. Since then the prices of Akamai Technologies Inc. shares have declined by -44% from the estimated average. Louis Moore Bacon owned 75,000 shares of as of 03/31/2011.
Akamai Technologies Inc. is the global service provider for accelerating content and business processes online. Akamai Technologies Inc. has a market cap of $4.52 billion; its shares were traded at around $24.22 with a P/E ratio of 23.1 and P/S ratio of 4.5. Akamai Technologies Inc. had an annual average earnings growth of 26.4% over the past 5 years.
AKAM recently reported financial results for the second quarter ended June 30, 2011. Revenue for second quarter 2011 was $277.0 million, a 13 percent increase over second quarter 2010 revenue of $245.3 million, and slightly above first quarter 2011 revenue of $276.0 million.
George Soros owns 34,000 shares as of 03/31/2011, which accounts for 0.0201% of the $6.42 billion portfolio of Soros Fund Management LLC. PRIMECAP Management owns 918,486 shares as of 03/31/2011, which accounts for 0.05% of the $70.47 billion portfolio of PRIMECAP Management. Andreas Halvorsen sold out his holdings in the quarter that ended on 03/31/2011. Mario Gabelli sold out his holdings in the quarter that ended on 03/31/2011.
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 49.73% since. There are mixed trades from other insiders.
Koninklijke Philips Electronics N.V. ADS (PHG, Financial): Down 22% Since Dodge & Cox Bought In the Quarter Ended on 2011-03-31
Dodge & Cox added to their holdings in Consumer Electronics company Koninklijke Philips Electronics N.v. Ads by 382.53% during the quarter ended 03/31/2011. Their purchase prices were between $29.81 and $33.81, with an estimated average price of $31.84. Since then the prices of Koninklijke Philips Electronics N.V. ADS shares have declined by -22% from the estimated average. Dodge & Cox owned 264,709 shares of as of 03/31/2011.
Koninklijke Philips Electronics recently reported their second quarter 2011 results. Net income showed a loss of EUR 1,345 million, a decline of EUR 1,607 million compared with Q2 2010, largely attributable to goodwill and intangible-asset impairments of EUR 1,385 million. Excluding impairments, the lower income was attributable to lower operating earnings and a loss in discontinued operations.
Koninklijke Philips Electronics N.V. is the parent company of Philips, a widely diversified multinational group of electronic and electrical products, systems and equipment, as well as information technology services. Koninklijke Philips Electronics N.v. Ads has a market cap of $23.47 billion; its shares were traded at around $24.77 with a P/E ratio of 24 and P/S ratio of 0.7. The dividend yield of Koninklijke Philips Electronics N.v. Ads stocks is 3.5%. Koninklijke Philips Electronics N.v. Ads had an annual average earnings growth of 4% over the past 5 years.
Dodge & Cox owns 264,709 shares as of 03/31/2011, an increase of 382.53% from the previous quarter. This position accounts for 0.01% of the $88.36 billion portfolio of Dodge & Cox. Mason Hawkins owns 7,795,530 shares as of 03/31/2011, which accounts for 0.98% of the $25.66 billion portfolio of Southeastern Asset Management. Mario Gabelli sold out his holdings in the quarter that ended on 03/31/2011.
Trimble Navigation Ltd. (TRMB, Financial): Down 23% Since Manning & Napier Advisors, Inc Bought In the Quarter Ended on 2011-03-31
Manning & Napier Advisors, Inc added to his holdings in Telecommunications Equipment company Trimble Navigation Ltd. by 65.42% during the quarter ended 03/31/2011. His purchase prices were between $39.93 and $50.48, with an estimated average price of $46.07. Since then the prices of Trimble Navigation Ltd. shares have declined by -23% from the estimated average. Manning & Napier Advisors, Inc owned 19,520 shares of as of 03/31/2011.
Trimble applies technology to make field and mobile workers in businesses and government significantly more productive. Trimble Navigation Ltd. has a market cap of $4.36 billion; its shares were traded at around $35.58 with a P/E ratio of 22.6 and P/S ratio of 3.5. Trimble Navigation Ltd. had an annual average earnings growth of 14.1% over the past 10 years.
TRMB recently announced first quarter 2011 revenue of $384.3 million up 20 percent as compared to the first quarter of 2010. Operating income for the first quarter of 2011 was $43.7 million, up 21 percent as compared to the first quarter of 2010. Operating margin in the first quarter of 2011 was 11.4 percent, approximately flat compared to the first quarter of 2010.
Richard Aster Jr owns 1,093,890 shares as of 03/31/2011, which accounts for 1.66% of the $3.34 billion portfolio of Meridian Fund. Ruane Cunniff owns 266,834 shares as of 03/31/2011, which accounts for 0.13% of the $10.51 billion portfolio of Ruane & Cunniff & Goldfarb Inc. PRIMECAP Management owns 8,059,384 shares as of 03/31/2011, which accounts for 0.58% of the $70.47 billion portfolio of PRIMECAP Management.
President $ CEO Steven W Berglund sold 100,000 shares of TRMB stock on 02/10/2011 at the average price of 47.52. Steven W Berglund owns at least 116,530 shares after this. The price of the stock has decreased by 25.13% since. Other insiders have also decreased their positions in the company.
Ternium SASponsored ADR (TX, Financial): Down 24% Since Jeremy Grantham Bought In the Quarter Ended on 2011-03-31
Jeremy Grantham initiated holdings in Steel company Ternium Sasponsored Adr during the quarter ended 03/31/2011. His purchase prices were between $33.78 and $43.26, with an estimated average price of $38.18. Since then the prices of Ternium SASponsored ADR shares have declined by -24% from the estimated average. Jeremy Grantham owned 697,100 shares of as of 03/31/2011.
Ternium is the producer of flat and long steel products of Latin America and consolidates the operations of the steel companies Hylsa in Mexico, Siderar in Argentina and Sidor in Venezuela. Ternium Sasponsored Adr has a market cap of $5.81 billion; its shares were traded at around $28.99 with a P/E ratio of 9.3 and P/S ratio of 0.8. The dividend yield of Ternium Sasponsored Adr stocks is 5.2%.
Imax Corp. (IMAX, Financial): Down 31% Since Manning & Napier Advisors, Inc Bought In the Quarter Ended on 2011-03-31
Manning & Napier Advisors, Inc added to his holdings in Recreational Products company Imax Corp. by 769.03% during the quarter ended 03/31/2011. His purchase prices were between $25.57 and $32.35, with an estimated average price of $27.65. Since then the prices of Imax Corp. shares have declined by -31% from the estimated average. Manning & Napier Advisors, Inc owned 3,597,530 shares of as of 03/31/2011.
IMAX recently reported another strong quarter for theatre signings and a record number of theatres in its backlog; however, disappointing film performance coupled with investments in the growth of the business resulted in adjusted net income of $4.6 million, or $0.07 per diluted share, versus adjusted net income of $8.4 million, or $0.13 per diluted share, in the same period last year. Adjusted net income excludes any charges related to the change in the value of the Company's variable stock compensation and the deferred tax provision. Reported net income for the second quarter of 2011 was $1.8 million, or $0.03 per diluted share, versus second quarter 2010 reported net income of $13.3 million, or $0.20 per diluted share.
Imax Corporation is an entertainment technology company, with particular emphasis on film and digital imaging technologies including giant-screen images, 3D presentations, post-production and digital projection. Imax Corp. has a market cap of $1.22 billion; its shares were traded at around $18.96 with a P/E ratio of 63.2 and P/S ratio of 4.9.
Mario Gabelli owns 40,700 shares as of 03/31/2011, a decrease of 64.45% of from the previous quarter. This position accounts for 0.01% of the $13.97 billion portfolio of GAMCO Investors.
CEO Richard L Gelfond sold 33,334 shares of IMAX stock on 07/15/2011 at the average price of 28.64. Richard L Gelfond owns at least 145,517 shares after this. The price of the stock has decreased by 33.8% since. Other insiders have also decreased their positions in the company.
Akamai Technologies Inc. (AKAM): Down 44% Since Louis Moore Bacon Bought In the Quarter Ended on 2011-03-31
Louis Moore Bacon initiated holdings in Internet company Akamai Technologies Inc. during the quarter ended 03/31/2011. His purchase prices were between $34.96 and $52.24, with an estimated average price of $43.1. Since then the prices of Akamai Technologies Inc. shares have declined by -44% from the estimated average. Louis Moore Bacon owned 75,000 shares of as of 03/31/2011.
Akamai Technologies Inc. is the global service provider for accelerating content and business processes online. Akamai Technologies Inc. has a market cap of $4.52 billion; its shares were traded at around $24.22 with a P/E ratio of 23.1 and P/S ratio of 4.5. Akamai Technologies Inc. had an annual average earnings growth of 26.4% over the past 5 years.
AKAM recently reported financial results for the second quarter ended June 30, 2011. Revenue for second quarter 2011 was $277.0 million, a 13 percent increase over second quarter 2010 revenue of $245.3 million, and slightly above first quarter 2011 revenue of $276.0 million.
George Soros owns 34,000 shares as of 03/31/2011, which accounts for 0.0201% of the $6.42 billion portfolio of Soros Fund Management LLC. PRIMECAP Management owns 918,486 shares as of 03/31/2011, which accounts for 0.05% of the $70.47 billion portfolio of PRIMECAP Management. Andreas Halvorsen sold out his holdings in the quarter that ended on 03/31/2011. Mario Gabelli sold out his holdings in the quarter that ended on 03/31/2011.
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 49.73% since. There are mixed trades from other insiders.
Koninklijke Philips Electronics N.V. ADS (PHG, Financial): Down 22% Since Dodge & Cox Bought In the Quarter Ended on 2011-03-31
Dodge & Cox added to their holdings in Consumer Electronics company Koninklijke Philips Electronics N.v. Ads by 382.53% during the quarter ended 03/31/2011. Their purchase prices were between $29.81 and $33.81, with an estimated average price of $31.84. Since then the prices of Koninklijke Philips Electronics N.V. ADS shares have declined by -22% from the estimated average. Dodge & Cox owned 264,709 shares of as of 03/31/2011.
Koninklijke Philips Electronics recently reported their second quarter 2011 results. Net income showed a loss of EUR 1,345 million, a decline of EUR 1,607 million compared with Q2 2010, largely attributable to goodwill and intangible-asset impairments of EUR 1,385 million. Excluding impairments, the lower income was attributable to lower operating earnings and a loss in discontinued operations.
Koninklijke Philips Electronics N.V. is the parent company of Philips, a widely diversified multinational group of electronic and electrical products, systems and equipment, as well as information technology services. Koninklijke Philips Electronics N.v. Ads has a market cap of $23.47 billion; its shares were traded at around $24.77 with a P/E ratio of 24 and P/S ratio of 0.7. The dividend yield of Koninklijke Philips Electronics N.v. Ads stocks is 3.5%. Koninklijke Philips Electronics N.v. Ads had an annual average earnings growth of 4% over the past 5 years.
Dodge & Cox owns 264,709 shares as of 03/31/2011, an increase of 382.53% from the previous quarter. This position accounts for 0.01% of the $88.36 billion portfolio of Dodge & Cox. Mason Hawkins owns 7,795,530 shares as of 03/31/2011, which accounts for 0.98% of the $25.66 billion portfolio of Southeastern Asset Management. Mario Gabelli sold out his holdings in the quarter that ended on 03/31/2011.
Trimble Navigation Ltd. (TRMB, Financial): Down 23% Since Manning & Napier Advisors, Inc Bought In the Quarter Ended on 2011-03-31
Manning & Napier Advisors, Inc added to his holdings in Telecommunications Equipment company Trimble Navigation Ltd. by 65.42% during the quarter ended 03/31/2011. His purchase prices were between $39.93 and $50.48, with an estimated average price of $46.07. Since then the prices of Trimble Navigation Ltd. shares have declined by -23% from the estimated average. Manning & Napier Advisors, Inc owned 19,520 shares of as of 03/31/2011.
Trimble applies technology to make field and mobile workers in businesses and government significantly more productive. Trimble Navigation Ltd. has a market cap of $4.36 billion; its shares were traded at around $35.58 with a P/E ratio of 22.6 and P/S ratio of 3.5. Trimble Navigation Ltd. had an annual average earnings growth of 14.1% over the past 10 years.
TRMB recently announced first quarter 2011 revenue of $384.3 million up 20 percent as compared to the first quarter of 2010. Operating income for the first quarter of 2011 was $43.7 million, up 21 percent as compared to the first quarter of 2010. Operating margin in the first quarter of 2011 was 11.4 percent, approximately flat compared to the first quarter of 2010.
Richard Aster Jr owns 1,093,890 shares as of 03/31/2011, which accounts for 1.66% of the $3.34 billion portfolio of Meridian Fund. Ruane Cunniff owns 266,834 shares as of 03/31/2011, which accounts for 0.13% of the $10.51 billion portfolio of Ruane & Cunniff & Goldfarb Inc. PRIMECAP Management owns 8,059,384 shares as of 03/31/2011, which accounts for 0.58% of the $70.47 billion portfolio of PRIMECAP Management.
President $ CEO Steven W Berglund sold 100,000 shares of TRMB stock on 02/10/2011 at the average price of 47.52. Steven W Berglund owns at least 116,530 shares after this. The price of the stock has decreased by 25.13% since. Other insiders have also decreased their positions in the company.
Ternium SASponsored ADR (TX, Financial): Down 24% Since Jeremy Grantham Bought In the Quarter Ended on 2011-03-31
Jeremy Grantham initiated holdings in Steel company Ternium Sasponsored Adr during the quarter ended 03/31/2011. His purchase prices were between $33.78 and $43.26, with an estimated average price of $38.18. Since then the prices of Ternium SASponsored ADR shares have declined by -24% from the estimated average. Jeremy Grantham owned 697,100 shares of as of 03/31/2011.
Ternium is the producer of flat and long steel products of Latin America and consolidates the operations of the steel companies Hylsa in Mexico, Siderar in Argentina and Sidor in Venezuela. Ternium Sasponsored Adr has a market cap of $5.81 billion; its shares were traded at around $28.99 with a P/E ratio of 9.3 and P/S ratio of 0.8. The dividend yield of Ternium Sasponsored Adr stocks is 5.2%.
Imax Corp. (IMAX, Financial): Down 31% Since Manning & Napier Advisors, Inc Bought In the Quarter Ended on 2011-03-31
Manning & Napier Advisors, Inc added to his holdings in Recreational Products company Imax Corp. by 769.03% during the quarter ended 03/31/2011. His purchase prices were between $25.57 and $32.35, with an estimated average price of $27.65. Since then the prices of Imax Corp. shares have declined by -31% from the estimated average. Manning & Napier Advisors, Inc owned 3,597,530 shares of as of 03/31/2011.
IMAX recently reported another strong quarter for theatre signings and a record number of theatres in its backlog; however, disappointing film performance coupled with investments in the growth of the business resulted in adjusted net income of $4.6 million, or $0.07 per diluted share, versus adjusted net income of $8.4 million, or $0.13 per diluted share, in the same period last year. Adjusted net income excludes any charges related to the change in the value of the Company's variable stock compensation and the deferred tax provision. Reported net income for the second quarter of 2011 was $1.8 million, or $0.03 per diluted share, versus second quarter 2010 reported net income of $13.3 million, or $0.20 per diluted share.
Imax Corporation is an entertainment technology company, with particular emphasis on film and digital imaging technologies including giant-screen images, 3D presentations, post-production and digital projection. Imax Corp. has a market cap of $1.22 billion; its shares were traded at around $18.96 with a P/E ratio of 63.2 and P/S ratio of 4.9.
Mario Gabelli owns 40,700 shares as of 03/31/2011, a decrease of 64.45% of from the previous quarter. This position accounts for 0.01% of the $13.97 billion portfolio of GAMCO Investors.
CEO Richard L Gelfond sold 33,334 shares of IMAX stock on 07/15/2011 at the average price of 28.64. Richard L Gelfond owns at least 145,517 shares after this. The price of the stock has decreased by 33.8% since. Other insiders have also decreased their positions in the company.
