Weekly Guru Bargains Highlights: PANL, THRX, ZNGA, LORL, AMRN

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Jan 07, 2013
According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

Universal Display Corporation (PANL, Financial): Down 24% Since Ronald Muhlenkamp Bought in the Quarter Ended on 2012-09-30

Ronald Muhlenkamp initiated holdings in Electronic Equipment company Universal Display Corporation during the quarter ended 09/30/2012. His purchase prices were between $30.76 and $43.58, with an estimated average price of $37.15. Since then the prices of Universal Display Corporation shares have declined by 24% from the estimated average. Ronald Muhlenkamp owned 22,295 shares of as of 09/30/2012.

Universal Display Corporation was organized under the laws of the Commonwealth of Pennsylvania in 1985. Universal Display Corporation has a market cap of $1.31 billion; its shares were traded at around $28.17 with a P/E ratio of 166.9 and P/S ratio of 20.3.

Ronald Muhlenkamp bought 22,295 shares in the quarter that ended on 09/30/2012, which is 0.16% of the $472 million portfolio of Muhlenkamp Fund. John Burbank bought 39,400 shares in the quarter that ended on 09/30/2012, which is 0.062% of the $2.19 billion portfolio of Passport Capital.

Executive Vice President and CFO Sidney D. Rosenblatt sold 21,652 shares of PANL stock on 09/14/2012 at the average price of $43.75. Sidney D. Rosenblatt owns at least 480,886 shares after this. The price of the stock has decreased by 35.61% since. There are mixed trades from other insiders.

Theravance Inc. (THRX, Financial): Down 22% Since Jeremy Grantham Bought in the Quarter Ended on 2012-09-30

Jeremy Grantham initiated holdings in Pharmaceuticals company Theravance Inc. during the quarter ended 09/30/2012. His purchase prices were between $23.42 and $31.7, with an estimated average price of $27.3. Since then the prices of Theravance Inc. shares have declined by 22% from the estimated average. Jeremy Grantham owned 26,800 shares of as of 09/30/2012.

Theravance Inc. was incorporated in Delaware in November 1996 under the name Advanced Medicine Inc. and began operations in May 1997. Theravance Inc. has a market cap of $2.11 billion; its shares were traded at around $21.37 with and P/S ratio of 87.

THRX recently reported its financial results for the quarter ended Sept. 30, 2012. Revenue for the third quarter of 2012 was $1.4 million. Net loss for the third quarter of 2012 was $34.7 million or $0.37 per share. Cash, cash equivalents and marketable securities totaled $362.4 million as of Sept. 30, 2012.

Seth Klarman owns 13,553,800 shares as of 09/30/2012, which accounts for 10.8% of the $3.26 billion portfolio of The Baupost Group. Jean-Marie Eveillard owns 464,010 shares as of 09/30/2012, which accounts for 0.045% of the $27.01 billion portfolio of First Eagle Investment Management LLC.

CEO Rick E. Winningham sold 75,749 shares of THRX stock on 08/03/2012 at the average price of $27.95. Rick E. Winningham owns at least 591,258 shares after this. The price of the stock has decreased by 23.54% since. Other insiders have also decreased their positions in the company.

Zynga Inc. (ZNGA, Financial): Down 29% Since Paul Tudor Jones Bought in the Quarter Ended on 2012-09-30

Paul Tudor Jones added to his holdings in Gambling company Zynga Inc. by 62.39% during the quarter ended 09/30/2012. His purchase prices were between $2.71 and $5.57, with an estimated average price of $3.67. Since then the prices of Zynga Inc. shares have declined by -29% from the estimated average. Paul Tudor Jones owned 649,578 shares of as of 09/30/2012.

Zynga Inc. originally organized in April 2007 as a California limited liability company under the name Presidio Media LLC, and it converted to a Delaware corporation in October 2007. Zynga Inc. has a market cap of $2.06 billion; its shares were traded at around $2.63 with a P/E ratio of 130.5 and P/S ratio of 1.8.

Zynga recently reported its third quarter 2012 financial results. The company announced third quarter revenue of $317 million, up 3% year-over-year and nine months year-to-date revenue of $970 million, up 17% year-over-year.

John Burbank bought 1,033,717 shares in the quarter that ended on 09/30/2012, which is 0.13% of the $2.19 billion portfolio of Passport Capital. Wilbur Ross owns 1,034,646 shares as of 09/30/2012, an increase of 22.54% from the previous quarter. This position accounts for 0.26% of the $1.12 billion portfolio of Invesco Private Capital. Robert Karr sold out his holdings in the quarter that ended on 09/30/2012.

CFO David M. Wehner sold 73,727 shares of ZNGA stock on 11/05/2012 at the average price of $2.32. David M. Wehner owns at least 365,031 shares after this. The price of the stock has increased by 13.36% since. Other insiders have also decreased their positions in the company.

Loral Space & Communications Inc. (LORL, Financial): Down 23% Since Jim Simons Bought in the Quarter Ended on 2012-09-30

Jim Simons added to his holdings in Telecommunications Equipment company Loral Space & Communications Inc. by 296.53% during the quarter ended 09/30/2012. His purchase prices were between $66.95 and $76.37, with an estimated average price of $72.06. Since then the prices of Loral Space & Communications Inc. shares have declined by 23% from the estimated average. Jim Simons owned 68,600 shares of as of 09/30/2012.

Loral Space & Communications Inc., together with its subsidiaries, is a satellite communications company engaged in satellite manufacturing with ownership interests in satellite-based communications services. Loral Space & Communications Inc. has a market cap of $1.71 billion; its shares were traded at around $55.65 with and P/S ratio of 1.5.

George Soros owns 445,906 shares as of 09/30/2012, an increase of 15.9% from the previous quarter. This position accounts for 0.51% of the $6.2 billion portfolio of Soros Fund Management LLC. Leon Cooperman owns 606,400 shares as of 09/30/2012, which accounts for 0.86% of the $4.99 billion portfolio of Omega Advisors. Mario Gabelli owns 120,280 shares as of 09/30/2012, which accounts for 0.062% of the $13.78 billion portfolio of GAMCO Investors.

Amarin Corporation PLC (AMRN, Financial): Down 38% Since RS Investment Management Bought in the Quarter Ended on 2012-09-30

RS Investment Management added to his holdings in pharmaceuticals company Amarin Corporation PLC by 63.3% during the quarter ended 09/30/2012. His purchase prices were between $11.17 and $15.49, with an estimated average price of $13.55. Since then the prices of Amarin Corporation PLC shares have declined by 38% from the estimated average. RS Investment Management owned 557,845 shares of as of 09/30/2012.

Amarin Corporation PLC, formerly Ethical Holdings PLC, is a public limited company incorporated under the laws of England and Wales. Amarin Corporation PLC has a market cap of $1.26 billion; its shares were traded at around $8.4.

AMRN recently reported its third quarter 2012 financial results. Non-GAAP adjusted net loss was $39.4 million for the third quarter of 2012 (basic and diluted loss per share of $0.26) compared to a non-GAAP adjusted net loss of $11.0 million (basic and diluted loss per share of $0.08) for the same period in the prior year.