Billionaires Hold Four Stocks, 59% Off

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Sep 30, 2013
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Here’s research on four companies held by billionaire investors, as of the second quarter. All companies are currently on a 52-week low, and more than 59% off high.

Maxygen Inc. (MAXY, Financial)

MAXY shares are priced at $2.53 and currently 60.0% off a 52-week high of $6.33; the yield is 0.00%. Shares trade at a P/E of 3.40 and a P/B of 0.89.

Down 4% over 12 months, the biotech company Maxygen Inc. has a market cap of $70.31 million.

Guru Action: As of June 30, 2013, two gurus hold shares and there is no recent insider activity.

The top Guru stakeholder, Jim Simons, holds 1,022,768 shares or 3.68% of shares outstanding, after he increased his position by 11.74% in the second quarter of 2013. He bought 107,472 shares at an average price of $ 2.42 for a gain of 4.5%.

In a five-year history of mostly losing quarters, he had a loss of 45% on 1,735,370 shares bought at an average price of $4.62 per share. He had a loss of 47% on 1,167,374 shares sold at an average price of $4.77 per share.

Historical share pricing, revenue and net income:

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General Moly Inc. (GMO, Financial)

GMO shares are priced at $1.70 and currently 60.0% off a 52-week high of $4.25; the yield is 0.00%. Shares trade with a P/B of 1.40. Down 45% over 12 months, the metals and minerals company, General Moly Inc., has a market cap of $154.72 million.

Guru Action: As of June 30, 2013, one guru holds shares and there is recent insider activity.

The sole Guru stakeholder, Steven Cohen, holds 14,900 shares or 0.02% of shares outstanding, after he made a new buy in the second quarter of 2013. He bought 14,900 shares at an average price of $1.97 per share, for a loss of 13.7%.

In a six-quarter history of with all losing quarters, Cohen’s holding bottomed out at a 69% loss in the first quarter of 2011 when he made a new buy of 116,938 shares at an average price of $5.48 per share.

Historical share pricing, revenue and net income:

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Vivus (VVUS, Financial)

VVUS shares are priced at $9.450 and currently 59.9% off a 52-week high of $23.59; the yield is 0.00%. Shares trade with a P/B of 5.10. Down 48% over 12 months, the biotech company Vivus has a market cap of $953.06 million.

Guru Action: As of June 30, 2013, five gurus hold shares and there is recent insider activity.

The top Guru stakeholder, Alan Fournier, holds 735,504 shares or 0.73% of shares outstanding, after he increased his position by 83.88% in the second quarter of 2013.

He bought 335,504 shares at an average price of $12.91 per share, for a loss of 26.8%.

In four losing quarters of holding, Fournier’s holding bottomed out at a 59% loss in the third quarter of 2012 when he made a new buy of 170,000 shares at an average price of $23.07 per share.

Historical share pricing, revenue and net income:

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Gold Fields Ltd. (GFI, Financial)

GFI shares are priced at $4.59 and currently 59.5% off a 52-week high of $11.32; the yield is 5.57%. Shares trade at a P/E of 5.10 and a P/B of 0.60. Down 59% over 12 months, Gold Fields Ltd., a gold company, has a market cap of $3.38 billion.

Guru Action: As of June 30, 2013, ten gurus hold shares and there is no insider activity.

The top Guru stakeholder, Jean-Marie Eveillard, holds 55,579,795 shares or 7.57% of shares outstanding, after he increased his position by 17.81% in the second quarter of 2013.

He bought 8,402,131 shares at an average price of $6.39 per share, for a loss of 28.2%.

In a five-year history of straight losses, he averaged a 50% loss on 39,533,169 shares bought at an average price of $9.19 per share. He had a loss of 55% 8,123,548 shares sold at an average price of $10.28 per share.

Historical share pricing, revenue and net income:

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