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
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

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!