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Zeke Ashton's Top Second Quarter Portfolio Increases

August 23, 2013 | About:
Monica Wolfe

Monica Wolfe

130 followers
Over the duration of the second quarter, Zeke Ashton made seven increases to his positions in his portfolio. Ashton reported his largest increases in the following five companies. As of the second quarter Ashton holds on to 30 stocks valued at $90 million.



Bravo Brio Restaurant Group (BBRG)

During the second quarter Ashton increased his position in Bravo Brio by 540%. Ashton purchased 108,000 shares at a second quarter price range of $15.37 to $19.01, with an estimated average price range of $17.28. Since then the price per share has dropped approximately -8.7%.

Ashton now holds on to 128,000 shares, representing 0.65% of the company’s shares outstanding and 2.5% of his total portfolio.

Ashton’s holding history as of the second quarter:

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The Company is the owner and operator of two fast growing and Italian restaurant brands: BRAVO! Cucina Italiana and BRIO Tuscan Grille.

Bravo Brio’s historical revenue and net income:

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The Peter Lynch Chart suggests that the company is currently overvalued:

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Bravo Brio has a market cap of $310.1 million. Its shares are currently trading around $15.78 with a P/E ratio of 21.30, a P/S ratio of 0.80 and a P/B ratio of 2.80.

Skullcandy (SKUL)

During the second quarter Ashton increased his position in Skullcandy by 127.93%. The guru purchased a total of 255,851 shares in the second quarter price range of $4.87 to $6.00, with an estimated average price of $5.41. The price per share has increased approximately 5.7%.

Ashton now holds on to 455,851 shares of Skullcandy, representing 1.65% of the company’s shares outstanding and 2.8% of his total portfolio.

Ashton’s holding history as of the second quarter:

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The Company is an audio brand that reflects the collision of the music, fashion and action sports lifestyles.

Skullcandy’s historical revenue and net income:

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The Peter Lynch Chart suggests that the company is currently undervalued:

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Skullcandy has a market cap of $158.8 million. Its shares are currently trading at around $5.72 with a P/E ratio of 15.50, a P/S ratio of 0.60 and a P/B ratio of 1.20.

Tetra Technologies (TTI)

During the second quarter Ashton upped his stake in Tetra Technologies by 91.82%. The guru purchased 71,800 shares in the second quarter price range of $8.29 to $11.21, with an estimated average price of $9.74. Since his buy the price per share has increased approximately 20.1%.

Ashton held on to 150,000 shares of Tetra as of the second quarter. His position represents 0.19% of the company’s shares outstanding and 1.7% of his total portfolio.

Ashton’s holding history as of the second quarter:

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It is an oil and gas Services Company focused on completion fluids and associated products and services, production testing, wellhead compression, and selected offshore services including well plugging and abandonment, decommissioning and diving.

Tetra Technologies’ historical revenue and net income:

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The Peter Lynch Chart suggests that Tetra Technologies is currently overvalued:

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Tetra Technologies currently has a market cap of $921.1 million. Its shares are currently trading at around $11.70 with a P/E ratio of 431.10, a P/S ratio of 1.00 and a P/B ratio of 1.60. The company had an annual average earnings growth of 2.8% over the past ten years.

Apple (AAPL)

During the second quarter Ashton increased his position in Apple by 74.36%. The guru purchased a total of 7,250 shares in the second quarter price range of $390.53 to $463.84 with an estimated average price of $430.74. Since then the price per share has increased approximately 16.3%.

Ashton now holds on to 17,000 shares of Apple representing 7.8% of his total portfolio.

Ashton’s holding history as of the second quarter:

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The Company designs, manufactures, and markets personal computers, mobile communication devices, and portable digital music and video players and sell a variety of related software, services, peripherals, and networking solutions.

Apple’s historical revenue and net income:

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The Peter Lynch Chart suggests that the company is currently undervalued:

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Apple has a market cap of $455.18 billion. Its shares are currently trading at around $501.02 with a P/E ratio of 12.60, a P/S ratio of 2.30 and a P/B ratio of 3.90. The company had an annual average earnings growth of 82.7% over the past ten years.

GuruFocus rated Apple the business predictability rank of 4.5-star.

Brookfield Asset Management (BAM)

Ashton’s fifth largest increase of the quarter came from Brookfield Asset Management where he upped his stake by 33.33%. The guru purchased 15,000 shares in the price range of $34.31 to $39.12. Since then the price per share has dropped about -4.2% from the quarterly estimated average price of $36.58 per share.

Ashton holds on to 60,000 shares of Brookfield, representing 0.01% of the company’s shares outstanding and 2.4% of his total portfolio.

Ashton’s holding history as of the second quarter:

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Brookfield Asset Management is a global alternative asset management company. The company organizes its business into a number of operating platforms that are responsible for managing the assets.

Brookfield’s historical revenue and net income:

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The Peter Lynch Chart suggests that the company is currently overvalued:

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Brookfield Asset Management has a market cap of $21.9 billion. Its shares are currently trading at around $35.05 with a P/E ratio of 17.40, a P/S ratio of 1.20 and a P/B ratio of 1.30.

Check out Zeke Ashton’s second quarter portfolio here.

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Rating: 3.8/5 (5 votes)

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