GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Weekly Guru Bargains Highlights: FSL, PWE, QLIK, MRVL, MSCI

November 11, 2012 | About:
According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

Freescale Semiconductor Ltd. (FSL): Down 23% Since Jim Simons Bought in the Quarter Ended on 6-30-2012


Jim Simons initiated holdings in semiconductors company Freescale Semiconductor Ltd. during the quarter ended 6/30/2012. His purchase prices were between $8.71 and $15.19, with an estimated average price of $11.34. Since then the prices of Freescale Semiconductor Ltd. shares have declined by 23% from the estimated average. Jim Simons owned 169,200 shares of as of 6/30/2012.

Freescale Semiconductor Holdings Ltd. processes semiconductors and solutions for automotive, networking, industrial, and consumer markets worldwide. Freescale Semiconductor Ltd. has a market cap of $2.27 billion; its shares were traded at around $8.70 with a P/S ratio of 0.5.

Senior vice president of Global Back-End Ops Rajeeva Lahri sold 7,250 shares of FSL stock on 10/3/2012 at the average price of 9.52. Rajeeva Lahri owns at least 40,258 shares after this. The price of the stock has decreased by 8.61% since.

Penn West Petroleum Ltd. (PWE): Down 29% Since Jim Simons Bought in the Quarter Ended on 6-30-2012

Jim Simons initiated holdings in exploration and production company Penn West Petroleum Ltd. during the quarter ended 6/30/2012. His purchase prices were between $12.48 and $19.60, with an estimated average price of $15.08. Since then the prices of Penn West Petroleum Ltd. shares have declined by 29% from the estimated average. Jim Simons owned 353,103 shares of as of 6/30/2012.

Penn West Energy Trust is a senior oil and natural gas energy trust based in Calgary, Alberta. Penn West Petroleum Ltd. has a market cap of $6.14 billion; its shares were traded at around $10.70 with a P/E ratio of 18.5 and P/S ratio of 1.7. The dividend yield of Penn West Petroleum Ltd. stocks is 8.3%.

Penn West recently reported its third quarter 2012 financial results. The company announced that its gross revenues were $840 million for the quarter.

Jean-Marie Eveillard owns 25,705,470 shares as of 6/30/2012, an increase of 35.03% from the previous quarter. This position accounts for 1.3% of the $25.72 billion portfolio of First Eagle Investment Management LLC. Andreas Halvorsen sold out his holdings in the quarter that ended on 6/30/2012.

Qlik Technologies, Inc. (QLIK): Down 32% Since Paul Tudor Jones Bought in the Quarter Ended on 6-30-2012

Paul Tudor Jones initiated holdings in Computer Services company Qlik Technologies Inc. during the quarter ended 6/30/2012. His purchase prices were between $21.28 and $33.15, with an estimated average price of $26.02. Since then the prices of Qlik Technologies Inc. shares have declined by 32% from the estimated average. Paul Tudor Jones owned 24,800 shares of as of 6/30/2012.

Qlik Technologies Inc. engages in developing business intelligence solutions. Qlik Technologies has a market cap of $1.6 billion; its shares were traded at around $17.77 with a P/E ratio of 267.5 and a P/S ratio of 5.

Qlike Technologies recently reported its third quarter 2012 financial results. Total revenue for the third quarter of 2012 was $86.1 million, an increase of 14% year-over-year and 20% year-over-year on a constant currency basis.

John Burbank bought 41,600 shares in the quarter that ended on 06/30/2012, which is 0.031% of the $2.95 billion portfolio of Passport Capital.

CEO, President Lars Bjork sold 774 shares of QLIK stock on 11/07/2012 at the average price of $17.94. Lars Bjork owns at least 866,855 shares after this. The price of the stock has decreased by 0.95% since. Other insiders have also decreased their positions in the company.

Marvell Technology Group Ltd. (MRVL): Down 42% Since Paul Tudor Jones Bought in the Quarter Ended on 6-30-2012

Paul Tudor Jones added to his holdings in semiconductors company Marvell Technology Group Ltd. by 42.75% during the quarter ended 6/30/2012. His purchase prices were between $11.06 and $15.77, with an estimated average price of $13.52. Since then the prices of Marvell Technology Group Ltd. shares have declined by 42% from the estimated average. Paul Tudor Jones owned 496,550 shares of as of 6/30/2012.

Marvell Technology is a designer, developer and supplier of mixed-signal and digital signal processing integrated circuit for high-speed, high-density, digital data storage and broadband digital data networking markets. Marvell Technology Group Ltd. has a market cap of $4.34 billion; its shares were traded at around $7.77 with a P/E ratio of 8.8 and a P/S ratio of 1.3. The dividend yield of Marvell Technology Group Ltd. stocks is 3.1%. Marvell Technology Group Ltd. had an annual average earnings growth of 32.3% over the past 10 years. GuruFocus rated Marvell Technology Group Ltd. the business predictability rank of 2.5 stars.

Revenue for the second quarter of fiscal 2013 was $816 million, a two percent sequential increase from $796 million in the first quarter of fiscal 2013, ended April 28, 2012, and a decrease of nine percent from $898 million in the second quarter of fiscal 2012, ended July 30, 2011.

David Dreman owns 552,396 shares as of 6/30/2012, an increase of 165.58% from the previous quarter. This position accounts for 0.15% of the $4.28 billion portfolio of Dreman Value Management. David Einhorn owns 25,602,479 shares as of 6/30/2012, an increase of 39.35% from the previous quarter. This position accounts for 4.5% of the $6.37 billion portfolio of Greenlight Capital. Daniel Loeb sold out his holdings in the quarter that ended on 6/30/2012.

VP, Chief Technology Officer Pantas Sutardja, sold 41,668 shares of MRVL stock on 6/01/2012 at the average price of $12.05. Pantas Sutardja, owns at least 37,615,435 shares after this. The price of the stock has decreased by 35.52% since.

MSCI, Inc. (MSCI): Down 24% Since Paul Tudor Jones Bought in the Quarter Ended on 6-30-212

Paul Tudor Jones initiated holdings in Computer Services company MSCI Inc. during the quarter ended 6/30/2012. His purchase prices were between $31.85 and $37.5, with an estimated average price of $34.32. Since then the prices of MSCI Inc. shares have declined by 24% from the estimated average. Paul Tudor Jones owned 5,900 shares of as of 6/30/2012.

MSCI Inc. is a provider of investment decision support tools to investment institutions worldwide. Msci Inc. has a market cap of $3.35 billion; its shares were traded at around $26.21 with a P/E ratio of 14.9 and a P/S ratio of 3.7.

MSCI recently reported its third quarter 2012 financial results. Operating revenues increased 4.6% to $235.4 million in third quarter 2012 and 4.2% to $703.1 million for nine months 2012. Net income declined by 3% to $48.3 million in third quarter 2012. Net income grew 0.6% to $129.8 million for nine months 2012.

Joel Greenblatt bought 12,701 shares in the quarter that ended on 6/30/2012, which is 0.032% of the $1.36 billion portfolio of Gotham Capital. PRIMECAP Management owns 309,500 shares as of 6/30/2012, an increase of 103.62% from the previous quarter. This position accounts for 0.018% of the $59.94 billion portfolio of PRIMECAP Management.

Head of Index Business C.D Baer Pettit sold 72,276 shares of MSCI stock on 9/07/2012 at the average price of 36.61. Pettit owns at least 114,808 shares after this. The price of the stock has decreased by 28.41% since. Other insiders have also decreased their positions in the company.

About the author:


Rating: 3.8/5 (4 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK