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Weekly Guru Bargains Highlights: AAPL, AEM, VOLC, ABX, TFM

April 28, 2013 | About:
GuruFocus

GuruFocus

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According to GuruFocus updates, these stocks have declined the most since Gurus bought them.

Apple Inc. (AAPL): Down 28% Since Diamond Hill Capital Bought In Quarter Ended Dec. 31, 2012

Diamond Hill Capital added to its holdings in the computer hardware company Apple Inc. by 26.1% during the quarter ended Dec. 31, 2012. The purchase price was between $509.59 and $671.45, with an estimated average price of $577.16. Since then the price of Apple Inc. shares has declined by 28% from the estimated average. Diamond Hill Capital owned 1,145 shares as of Dec.31, 2012.

Apple Inc. is a California corporation founded in 1977. Apple Inc. has a market cap of $383.33 billion; its shares were traded at around $417.21 with a P/E ratio of 9.9602 and a P/S ratio of 2.32. The dividend yield of Apple Inc. stocks is 1.91%. Apple Inc. had an annual average earnings growth of 64.1% over the past 10 years. GuruFocus rated Apple Inc. the business predictability rank of 4.5-star.

Apple recently announced financial results for its fiscal 2013 second quarter ended March 30, 2013. The company posted quarterly revenue of $43.6 billion and a quarterly net profit of $9.5 billion, or $10.09 per diluted share. These results compare to revenue of $39.2 billion and a net profit of $11.6 billion, or $12.30 per diluted share, in the corresponding quarter a year ago.

Brian Rogers bought 325,000 shares in the quarter that ended on March 31, 2013, which is 0.57% of the $25.16 billion portfolio of T. Rowe Price Equity Income Fund. Ronald Muhlenkamp bought 9,540 shares in the quarter that ended on Dec. 31, 2012, which is 1.1% of the $470 million portfolio of Muhlenkamp Fund. Chris Davis bought 788 shares in the quarter that ended on Dec. 31, 2012, which is 0.0011% of the $38.01 billion portfolio of Davis Selected Advisers.

Director Robert A. Iger bought 1,780 shares of AAPL stock on Nov. 19, 2012 at the average price of 563.35. Robert A. Iger owns at least 4,667 shares after this. The price of the stock has decreased by 25.94% since. Other insiders have decreased their positions in the company.

Agnico-Eagle Mines Limited (AEM): Down 42% Since John Hussman Bought In Quarter Ended Dec. 31, 2012

John Hussman added to his holdings in the gold mining company Agnico-Eagle Mines by 280% during the quarter ended Dec. 31, 2012. His purchase prices were between $50.42 and $57.33, with an estimated average price of $53.63. Since then the price of Agnico-Eagle Mines Limited shares has declined by 42% from the estimated average. John Hussman owned 950,000 shares as of Dec. 31, 2012.

Agnico-Eagle Mines Ltd. was incorporated under the laws of the Province of Ontario, Canada on June 1, 1972. Agnico-Eagle Mines has a market cap of $5.69 billion; its shares were traded at around $30.97 with a P/E ratio of 17.1233 and a P/S ratio of 2.71. The dividend yield of Agnico-Eagle Mines stocks is 2.65%. Agnico-Eagle Mines had an annual average earnings growth of 29.6% over the past 10 years. GuruFocus rated Agnico-Eagle Mines the business predictability rank of 4-star.

AEM recently reported a quarterly net income of $23.9 million, or $0.14 per share for the first quarter of 2013. First quarter 2013 cash provided by operating activities was $146.1 million.

Ray Dalio bought 30,441 shares in the quarter that ended on Dec. 31, 2012, which is 0.016% of the $9.82 billion portfolio of Bridgewater Associates. John Hussman owns 950,000 shares as of Dec. 31, 2012, an increase of 280% from the previous quarter. This position accounts for 1.3% of the $3.8 billion portfolio of Hussman Econometrics Advisors.

Senior Officer Brian James Christie, bought 1,100 shares of AEM stock on March 22, 2013 at the average price of 41.93. Brian James Christie, owns at least 1,100 shares after this. The price of the stock has decreased by 26.14% since.

Volcano Corporation (VOLC): Down 23% Since Manning & Napier Advisors, Inc. Bought In Quarter Ended Dec. 31, 2012

Manning & Napier Advisors, Inc. added to its holdings in the medical equipment company Volcano Corporation by 52.83% during the quarter ended Dec. 31, 2012. The purchase price was between $23.22 and $29.09, with an estimated average price of $26.53. Since then the price of Volcano Corporation shares has declined by 23% from the estimated average. Manning & Napier Advisors, Inc. owned 4,185,305 shares as of Dec. 31, 2012.

Volcano Corporation designs, develops, manufactures and commercializes a suite of intravascular ultrasound (IVUS) and functional measurement (FM) products that enhance the diagnosis and treatment of vascular and structural heart disease. Volcano Corporation has a market cap of $1.11 billion; its shares were traded at around $20.47 with a P/E ratio of 136.986 and a P/S ratio of 2.9586.

For the quarter ended December 31, 2012, Volcano reported record quarterly revenues of $102.5 million, an increase of 10% on a reported basis versus the same period a year ago and 12% on a constant currency basis after adjusting for a 2% negative impact from foreign currency.

President and CEO R. Scott Huennekens sold 4,617 shares of VOLC stock on Feb. 27, 2013 at the average price of $21.68. R. Scott Huennekens owns at least 75,382 shares after this. The price of the stock has decreased by 5.58% since. There are mixed trades from other insiders.

Barrick Gold Corporation (ABX): Down 49% Since John Hussman Bought In Quarter Ended Dec. 31, 2012

John Hussman added to his holdings in the gold mining company Barrick Gold Corporation by 484.62% during the quarter ended Dec. 31, 2012. His purchase price was between $33.27 and $42.19, with an estimated average price of $36.37. Since then the prices of Barrick Gold Corporation shares have declined by 49% from the estimated average. John Hussman owned 1,900,000 shares as of Dec. 31, 2012.

Barrick Gold Corporation is a corporation governed by the Business Corporations Act (Ontario) resulting from the amalgamation, effective July 14, 1984 under the laws of the province of Ontario, of Camflo Mines Limited, Bob-Clare Investments Limited and the former Barrick Resources Corporation. Barrick Gold Corporation has a market cap of $19.08 billion; its shares were traded at around $18.55 with a P/E ratio of 5.9 and a P/S ratio of 1.26. The dividend yield of Barrick Gold Corporation stocks is 4.31%.

Ray Dalio bought 170,290 shares in the quarter that ended on Dec. 31, 2012, which is 0.061% of the $9.82 billion portfolio of Bridgewater Associates. Mario Gabelli owns 90,610 shares as of Dec. 31, 2012, which accounts for 0.023% of the $13.61 billion portfolio of GAMCO Investors. David Einhorn owns 1,967,500 shares as of Dec. 31, 2012, which accounts for 1.1% of the $6.38 billion portfolio of Greenlight Capital. John Paulson owns 915,000 shares as of Dec. 31, 2012, which accounts for 0.2% of the $16.27 billion portfolio of Paulson & Co.

Fresh Market, Inc. (TFM): Down 27% Since Manning & Napier Advisors, Inc. Bought In Quarter Ended Dec. 31, 2012

Manning & Napier Advisors, Inc. added to its holdings in the Broadline Retailers company Fresh Market, Inc. by 52.52% during the quarter ended Dec. 31, 2012. His purchase prices were between $47.55 and $62.38, with an estimated average price of $55.6. Since then the price of Fresh Market, Inc. shares has declined by 27% from the estimated average. Manning & Napier Advisors, Inc. owned 55,000 shares as of Dec. 31, 2012.

The Fresh Market was founded by Ray and Beverly Berry and opened its first store in 1982. Fresh Market, Inc. has a market cap of $1.95 billion; its shares were traded at around $40.8 with a P/E ratio of 30.6748 and a P/S ratio of 1.4826.

In the fourth quarter of fiscal 2012, net sales increased 15.3% to $369.9 million and comparable store sales increased 1.9%, compared to the corresponding 13-week period ended January 2012. Net income in the fourth quarter of fiscal 2012 was $20.6 million, compared to $18.3 million in the corresponding 13-week period in fiscal 2011.

Director Steven B. Tanger bought 1,000 shares of TFM stock on April 1, 2013 at the average price of 41.75. Steven B. Tanger owns at least 2,034 shares after this. The price of the stock has decreased by 2.28% since.

Rating: 2.8/5 (6 votes)

Comments

Cornelius Chan
Cornelius Chan - 1 year ago
It's nice to see some stocks in here other than the precious metals miners. LOL

Please leave your comment:


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