Capella Education Company (CPLA): Insiders Aren’t Crazy About It

Page 1 of 2

Is Capella Education Company (NASDAQ:CPLA) ready to rally soon? Money managers are getting less optimistic. The number of bullish hedge fund positions fell by 7 recently.

Capella Education Company (NASDAQ:CPLA)In the financial world, there are dozens of metrics market participants can use to monitor their holdings. A couple of the most underrated are hedge fund and insider trading activity. At Insider Monkey, our studies have shown that, historically, those who follow the best picks of the best money managers can beat their index-focused peers by a significant margin (see just how much).

Equally as important, bullish insider trading activity is a second way to parse down the investments you’re interested in. As the old adage goes: there are plenty of stimuli for a corporate insider to cut shares of his or her company, but just one, very obvious reason why they would behave bullishly. Various empirical studies have demonstrated the impressive potential of this tactic if “monkeys” know what to do (learn more here).

Now, let’s take a look at the recent action encompassing Capella Education Company (NASDAQ:CPLA).

How have hedgies been trading Capella Education Company (NASDAQ:CPLA)?

Heading into Q2, a total of 7 of the hedge funds we track were long in this stock, a change of -50% from the previous quarter. With the smart money’s positions undergoing their usual ebb and flow, there exists a select group of key hedge fund managers who were upping their stakes meaningfully.

Of the funds we track, Renaissance Technologies, managed by Jim Simons, holds the biggest position in Capella Education Company (NASDAQ:CPLA). Renaissance Technologies has a $26.6 million position in the stock, comprising 0.1% of its 13F portfolio. Sitting at the No. 2 spot is Royce & Associates, managed by Chuck Royce, which held a $8.6 million position; the fund has less than 0.1%% of its 13F portfolio invested in the stock. Remaining hedge funds that hold long positions include Cliff Asness’s AQR Capital Management, Ken Griffin’s Citadel Investment Group and John Overdeck and David Siegel’s Two Sigma Advisors.

Due to the fact that Capella Education Company (NASDAQ:CPLA) has faced bearish sentiment from hedge fund managers, we can see that there was a specific group of hedge funds who were dropping their full holdings last quarter. It’s worth mentioning that Israel Englander’s Millennium Management dropped the largest position of the “upper crust” of funds we monitor, totaling an estimated $1.8 million in stock., and Peter Algert and Kevin Coldiron of Algert Coldiron Investors was right behind this move, as the fund dumped about $1.2 million worth. These moves are important to note, as total hedge fund interest fell by 7 funds last quarter.

How are insiders trading Capella Education Company (NASDAQ:CPLA)?

Insider purchases made by high-level executives is particularly usable when the company we’re looking at has seen transactions within the past six months. Over the last 180-day time frame, Capella Education Company (NASDAQ:CPLA) has experienced zero unique insiders purchasing, and 4 insider sales (see the details of insider trades here).

Let’s check out hedge fund and insider activity in other stocks similar to Capella Education Company (NASDAQ:CPLA). These stocks are Strayer Education Inc (NASDAQ:STRA), Universal Technical Institute, Inc. (NYSE:UTI), ITT Educational Services, Inc. (NYSE:ESI), Education Management Corp (NASDAQ:EDMC), and GP Strategies Corporation (NYSE:GPX). This group of stocks belong to the education & training services industry and their market caps are similar to CPLA’s market cap.

Page 1 of 2

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 World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

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

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!