Altai Capital Managements Adds To Position In Vocus, Inc. (VOCS)

Rishi Bajaj, Toby Symonds and Steve Tesoriere are bullish on Vocus, Inc. (NASDAQ:VOCS). As reported in a recent filing with the Securities and Exchange Commission, their fund, Altai Capital, has increased its holding of the stock by a little under 1 million shares, taking it to 2.5 million shares. This new position accounts for 11.6% of the total number of Vocus shares outstanding and, given the current market price of $13.34 per share, Altai’s stake is worth approximately $32.8 million.

vocus_logo_web.gif

Ahmet Okumus is also keeping an eye on Vocus, Inc. (NASDAQ:VOCS). According to its latest 13F report, Okumus Fund Management, holds 4.9 million shares valued at $56 million, the largest position among the hedge funds we track. Jim Simons and his fund, Renaissance Technologies, also have a stake in this company, but have chosen to limit their exposure. During the previous quarter, Renaissance almost halved its position to 259,700 shares reportedly worth $3.0 million.

A provider of cloud marketing software, Vocus, Inc. (NASDAQ:VOCS) has a market cap of $288 million and does not pay a dividend. For the three months ending December 31, 2013, the company posted revenues of $47.4 million and a loss per share of $0.20. Market participants expect Vocus to generate revenues of $45.3 million and EPS of $0.07 for the current quarter. The stock has been in an uptrend since November and has advanced approximately 17% so far this year. It is trading at a forward Price to Earnings (P/E) ratio of 32.5x.

Altai Capital has recently increased its holding of RealD (NYSE:RLD) stock from 4.5 million to 4.8 million shares, which corresponds to 9.8% of the company’s common stock outstanding, and has initiated a new position in Wausau Paper Corp (NYSE:WPP), purchasing 2.6 million shares which account for 5.5% of the company’s total number of shares outstanding.

Disclosure: none.

Recommended reading:

Select Equity Group Raises Stake in Walter Investment Management (WAC)

Mark Stupfel’s Cortex Capital Management Is Bullish On These Stocks

Billionaire John Paulson and Jacob Gottlieb Boost Their Stakes in Enzymotec Ltd (ENZY)

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
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

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Most Awesome Hip Hop Documentaries

Foods That Stain Your Teeth

Richest Doctors in the World

The Best Movie Sountracks Ever

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 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!