Weekly Guru Bargains Highlights: CIG, PWE, VVUS, EBR, ATHN

Author's Avatar
Dec 03, 2012
According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

Energy Company of Minas Gerais (CIG, Financial): Down 31% Since Jim Simons Bought in the Quarter Ended on 2012-09-30


Jim Simons added to his holdings in Electricity company Energy Company of Minas Gerais by 299.15% during the quarter ended 09/30/2012. His purchase prices were between $12.12 and $19.86, with an estimated average price of $17.62. Since then the prices of Energy Company of Minas Gerais shares have declined by 31% from the estimated average. Jim Simons owned 2,678,959 shares of as of 09/30/2012.

CEMIG SA ADR is active in the generation, transmission, distribution and commercialization business, Cemig continues to invest in the expansion of its services and in new technologies so as to remain a top notch company nationwide. Energy Company of Minas Gerais has a market cap of $10.44 billion; its shares were traded at around $12.24 with and P/S ratio of 1.23. The dividend yield of Energy Company of Minas Gerais stocks is 2.79%. Energy Company of Minas Gerais had an annual average earnings growth of 20% over the past 10 years. GuruFocus rated Energy Company of Minas Gerais the business predictability rank of 2.5-star.

Penn West Petroleum Ltd. (PWE, Financial): Down 22% Since Steven Cohen Bought in the Quarter Ended on 2012-09-30

Steven Cohen initiated holdings in exploration and production company Penn West Petroleum Ltd. during the quarter ended 09/30/2012. His purchase prices were between $12.3 and $16.44, with an estimated average price of $14.07. Since then the prices of Penn West Petroleum Ltd. shares have declined by 22% from the estimated average. Steven Cohen owned 16,151 shares of as of 09/30/2012.

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 $5.22 billion; its shares were traded at around $11.04 with a P/E ratio of 40.89 and P/S ratio of 1.42. The dividend yield of Penn West Petroleum Ltd. stocks is 9.92%.

Jean-Marie Eveillard owns 26,944,048 shares as of 09/30/2012, which accounts for 1.4% of the $27.01 billion portfolio of First Eagle Investment Management LLC.

Vivus (VVUS, Financial): Down 52% Since Steven Cohen Bought in the Quarter Ended on 2012-09-30

Steven Cohen added to his holdings in Medical Equipment company Vivus by 2024.23% during the quarter ended 09/30/2012. His purchase prices were between $17.81 and $29.93, with an estimated average price of $23.45. Since then the prices of Vivus shares have declined by 52% from the estimated average. Steven Cohen owned 380,238 shares of as of 09/30/2012.

VIVUS is a biopharmaceutical company developing innovative, next-generation therapies to address unmet needs in obesity, diabetes and sexual health. Vivus has a market cap of $1.13 billion; its shares were traded at around $11.3 with and P/S ratio of 22.66.

VIVUS recently reported its third quarter 2012 financial results. For the three months ended Sept. 30, 2012, VIVUS reported a net loss of $40.4 million, or $0.40 per share, as compared to a loss of $8.6 million, or $0.10 per share, for the same period last year.

John Burbank owns 750,000 shares as of 09/30/2012, which accounts for 0.61% of the $2.19 billion portfolio of Passport Capital. John Burbank owns 7,377,969 shares as of 09/30/2012, which accounts for 6% of the $2.19 billion portfolio of Passport Capital. George Soros sold out his holdings in the quarter that ended on 09/30/2012.

CEO Leland F. Wilson sold 100,000 shares of VVUS stock on 07/18/2012 at the average price of $30.36. Leland F Wilson owns at least 119,112 shares after this. The price of the stock has decreased by 62.78% since. Other insiders have also decreased their positions in the company.

Centrais Eletricas Brasileiras SA (EBR, Financial): Down 47% Since Charles Brandes Bought in the Quarter Ended on 2012-09-30

Charles Brandes added to his holdings in Electricity company Centrais Eletricas Brasileiras SA by 15.16% during the quarter ended 09/30/2012. His purchase prices were between $5.82 and $7.79, with an estimated average price of $6.79. Since then the prices of Centrais Eletricas Brasileiras SA shares have declined by 47% from the estimated average. Charles Brandes owned 31,438,189 shares of as of 09/30/2012.

Electrobras is involved in the utilities Industry. Their principal activity is the generation and distribution of electric power through their companies to the whole of Brazil. Centrais Eletricas Brasileiras SA has a market cap of $4.95 billion; its shares were traded at around $3.58 with and P/S ratio of 0.28.

Charles Brandes owns 31,438,189 shares as of 09/30/2012, an increase of 15.16% from the previous quarter. This position accounts for 2.3% of the $8.16 billion portfolio of Brandes Investment.

AthenaHealth Inc. (ATHN, Financial): Down 29% Since Jim Simons Bought in the Quarter Ended on 2012-09-30

Jim Simons initiated holdings in Software company AthenaHealth Inc. during the quarter ended 09/30/2012. His purchase prices were between $79.05 and $96.64, with an estimated average price of $89.1. Since then the prices of AthenaHealth Inc. shares have declined by 29% from the estimated average. Jim Simons owned 126,700 shares of as of 09/30/2012.

AthenaHealth Inc. is a provider of internet-based business services for physician practices. AthenaHealth Inc. has a market cap of $2.29 billion; its shares were traded at around $63.61 with a P/E ratio of 117.94 and P/S ratio of 7.08. AthenaHealth Inc. had an annual average earnings growth of 43.9% over the past five years.

ATHN recently reported its third quarter 2012 financial results. Total revenue for the three months ended Sept. 30, 2012, was $105.9 million, compared to $83.7 million in the same period last year, an increase of 26%.

Frank Sands owns 3,263,110 shares as of 09/30/2012, which accounts for 1.2% of the $24.32 billion portfolio of Sands Capital Management. Ron Baron owns 135,389 shares as of 09/30/2012, a decrease of 65.03% of from the previous quarter. This position accounts for 0.078% of the $15.86 billion portfolio of Baron Funds. Ruane Cunniff sold out his holdings in the quarter that ended on 09/30/2012.

CEO and President Jonathan Bush sold 5,000 shares of ATHN stock on 11/01/2012 at the average price of $65. Jonathan Bush owns at least 351,582 shares after this. The price of the stock has decreased by 2.14% since. Other insiders have also decreased their positions in the company.