(GuruFocus, October 20) Yahoo! reported quarterly results this evening. Here is a summary: Revenues were $1,575 million for the quarter ended September 30, 2009, a decrease of 12 percent from the third quarter of 2008 and slightly above the second quarter of 2009.
Net income per diluted share for the third quarter of 2009 was $0.13, compared to $0.04 for the third quarter of 2008. Non-GAAP net income per diluted share for the third quarter of 2009 and 2008 was $0.15.
Here is a video analyzing the quarterly results featuring Larry Haverty of GAMCO Investors. According to Larry, Yahoo! is a value stock now.
Guru Ownership
As of June 30, 2009, Yahoo! Inc. were owned by 8 Gurus.
1 Guru Initiated Positions in YHOO:
Daniel Loeb bought 3,000,000 shares , which is 5.23% of the $898 million portfolio of Third Point, LLC.
1 Guru Increased Positions in YHOO:
Mark Hillman owns 83,046 shares , an increase of 78.26% from the previous quarter. This position accounts for 0.35% of the $369 million portfolio of Hillman Capital Management.
6 Gurus Kept Positions in YHOO Unchanged or Slightly Adjusted:
Carl Icahn owns 60,452,099 shares , which accounts for 34.3% of the $2.76 billion portfolio of Icahn Capital Management LP.
George Soros owns 130,800 shares , which accounts for 0.08% of the $2.61 billion portfolio of Soros Fund Management LLC.
Ron Baron owns 74,000 shares , which accounts for 0.01% of the $11.99 billion portfolio of Baron Funds.
Brian Rogers owns 6,978,600 shares , which accounts for 0.8% of the $13.63 billion portfolio of T Rowe Price Equity Income Fund.
PRIMECAP Management owns 975,000 shares , which accounts for 0.03% of the $48.26 billion portfolio of PRIMECAP Management.
Kenneth Fisher owns 803,105 shares , which accounts for 0.05% of the $24.67 billion portfolio of Fisher Asset Management, LLC.
Insider Activities
Sell:: Director on 08/31/2009 Carl C Icahn sold 12,706,552 shares of YHOO stock at the average price of 14.9, the price of the stock has increased by 15.23% since
Sell:: EVP, North America on 08/31/2009 Hilary Schneider sold 43,187 shares of YHOO stock at the average price of 14.57, the price of the stock has increased by 17.84% since
Sell:: EVP & General Counsel on 08/07/2009 Michael John Callahan sold 20,000 shares of YHOO stock at the average price of 14.63, the price of the stock has increased by 17.36% since
Sell:: Director on 05/27/2009 Gary L Wilson sold 2,750 shares of YHOO stock at the average price of 15.38, the price of the stock has increased by 11.64% since
Sell:: EVP & General Counsel on 05/05/2009 Michael John Callahan sold 8,000 shares of YHOO stock at the average price of 14.7, the price of the stock has increased by 16.8% since
Net income per diluted share for the third quarter of 2009 was $0.13, compared to $0.04 for the third quarter of 2008. Non-GAAP net income per diluted share for the third quarter of 2009 and 2008 was $0.15.
Here is a video analyzing the quarterly results featuring Larry Haverty of GAMCO Investors. According to Larry, Yahoo! is a value stock now.
Guru Ownership
As of June 30, 2009, Yahoo! Inc. were owned by 8 Gurus.
1 Guru Initiated Positions in YHOO:
Daniel Loeb bought 3,000,000 shares , which is 5.23% of the $898 million portfolio of Third Point, LLC.
1 Guru Increased Positions in YHOO:
Mark Hillman owns 83,046 shares , an increase of 78.26% from the previous quarter. This position accounts for 0.35% of the $369 million portfolio of Hillman Capital Management.
6 Gurus Kept Positions in YHOO Unchanged or Slightly Adjusted:
Carl Icahn owns 60,452,099 shares , which accounts for 34.3% of the $2.76 billion portfolio of Icahn Capital Management LP.
George Soros owns 130,800 shares , which accounts for 0.08% of the $2.61 billion portfolio of Soros Fund Management LLC.
Ron Baron owns 74,000 shares , which accounts for 0.01% of the $11.99 billion portfolio of Baron Funds.
Brian Rogers owns 6,978,600 shares , which accounts for 0.8% of the $13.63 billion portfolio of T Rowe Price Equity Income Fund.
PRIMECAP Management owns 975,000 shares , which accounts for 0.03% of the $48.26 billion portfolio of PRIMECAP Management.
Kenneth Fisher owns 803,105 shares , which accounts for 0.05% of the $24.67 billion portfolio of Fisher Asset Management, LLC.
Insider Activities
Sell:: Director on 08/31/2009 Carl C Icahn sold 12,706,552 shares of YHOO stock at the average price of 14.9, the price of the stock has increased by 15.23% since
Sell:: EVP, North America on 08/31/2009 Hilary Schneider sold 43,187 shares of YHOO stock at the average price of 14.57, the price of the stock has increased by 17.84% since
Sell:: EVP & General Counsel on 08/07/2009 Michael John Callahan sold 20,000 shares of YHOO stock at the average price of 14.63, the price of the stock has increased by 17.36% since
Sell:: Director on 05/27/2009 Gary L Wilson sold 2,750 shares of YHOO stock at the average price of 15.38, the price of the stock has increased by 11.64% since
Sell:: EVP & General Counsel on 05/05/2009 Michael John Callahan sold 8,000 shares of YHOO stock at the average price of 14.7, the price of the stock has increased by 16.8% since
- CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
- Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
- Double Buys: Companies that both Gurus and Insiders are buying
- Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.
