Allot Communications Ltd. (ALLT): Did You See This Data?

Page 1 of 2

Allot Communications Ltd. (NASDAQ:ALLT) was in 10 hedge funds’ portfolio at the end of the fourth quarter of 2012. ALLT has experienced a decrease in hedge fund sentiment recently. There were 11 hedge funds in our database with ALLT holdings at the end of the previous quarter.

Allot Communications Ltd. (NASDAQ:ALLT)In today’s marketplace, there are a multitude of gauges investors can use to watch publicly traded companies. Two of the most under-the-radar are hedge fund and insider trading interest. At Insider Monkey, our studies have shown that, historically, those who follow the best picks of the top investment managers can trounce the broader indices by a very impressive margin (see just how much).

Just as important, optimistic insider trading sentiment is a second way to break down the marketplace. Obviously, there are lots of incentives for an insider to cut shares of his or her company, but only one, very simple reason why they would buy. Several academic studies have demonstrated the impressive potential of this tactic if you know where to look (learn more here).

Consequently, let’s take a look at the recent action encompassing Allot Communications Ltd. (NASDAQ:ALLT).

What does the smart money think about Allot Communications Ltd. (NASDAQ:ALLT)?

At year’s end, a total of 10 of the hedge funds we track were long in this stock, a change of -9% from the previous quarter. With hedgies’ capital changing hands, there exists a select group of key hedge fund managers who were upping their stakes significantly.

According to our comprehensive database, Alydar Capital, managed by John Murphy, holds the biggest position in Allot Communications Ltd. (NASDAQ:ALLT). Alydar Capital has a $30.5 million position in the stock, comprising 2.4% of its 13F portfolio. Sitting at the No. 2 spot is Columbus Circle Investors, managed by Donald Chiboucis, which held a $13.4 million position; 0.1% of its 13F portfolio is allocated to the company. Other hedge funds with similar optimism include Jim Simons’s Renaissance Technologies, Israel Englander’s Millennium Management and Mike Vranos’s Ellington.

Judging by the fact that Allot Communications Ltd. (NASDAQ:ALLT) has faced a declination in interest from the smart money, it’s easy to see that there lies a certain “tier” of fund managers who were dropping their full holdings last quarter. At the top of the heap, Drew Cupps’s Cupps Capital Management cut the biggest investment of the “upper crust” of funds we key on, totaling an estimated $7.9 million in stock.. Richard Driehaus’s fund, Driehaus Capital, also cut its stock, about $5.5 million worth. These bearish behaviors are important to note, as aggregate hedge fund interest fell by 1 funds last quarter.

How have insiders been trading Allot Communications Ltd. (NASDAQ:ALLT)?

Insider buying is best served when the company in question has experienced transactions within the past 180 days. Over the latest 180-day time frame, Allot Communications Ltd. (NASDAQ:ALLT) has seen zero unique insiders buying, and zero insider sales (see the details of insider trades here).

Let’s check out hedge fund and insider activity in other stocks similar to Allot Communications Ltd. (NASDAQ:ALLT). These stocks are Exfo Inc (NASDAQ:EXFO), Sierra Wireless, Inc. (USA) (NASDAQ:SWIR), Comtech Telecomm. Corp. (NASDAQ:CMTL), Calix Inc (NYSE:CALX), and CalAmp Corp. (NASDAQ:CAMP). This group of stocks are in the communication equipment industry and their market caps are closest to ALLT’s market cap.

Page 1 of 2
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations in the World

Top 10 Highest Paying Jobs in the World

Most Expensive Day-Care in New York City

The 10 Cheapest Places to Retire Abroad

Top 10 Most Expensive Luxury Cars in the World – 2014

Killer Small Business Ideas

The 50 Best Personal Finance Blogs

Most Expensive Apartments in New York City

Bloodiest UFC Fights Ever Fought

Most Expensive Rum Brands in the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!