Courier Corporation (CRRC): Key Stats To Watch

Page 1 of 2

Courier Corporation (NASDAQ:CRRC) investors should be aware of a decrease in enthusiasm from smart money lately; in our experience, stagnant hedge fund interest can be taken as a bearish indicator.

To most investors, hedge funds are assumed to be unimportant, outdated financial tools of yesteryear. While there are greater than 8000 funds with their doors open at present, we look at the top tier of this club, about 450 funds. It is estimated that this group oversees the majority of the smart money’s total capital, and by watching their highest performing equity investments, we have uncovered a number of investment strategies that have historically outpaced Mr. Market. Our small-cap hedge fund strategy outstripped the S&P 500 index by 18 percentage points a year for a decade in our back tests, and since we’ve began to sharing our picks with our subscribers at the end of August 2012, we have beaten the S&P 500 index by 24 percentage points in 7 months (see the details here).

Courier Corporation (NASDAQ:CRRC)

Equally as key, optimistic insider trading sentiment is another way to parse down the financial markets. Just as you’d expect, there are lots of stimuli for an insider to get rid of shares of his or her company, but only one, very clear reason why they would initiate a purchase. Many empirical studies have demonstrated the valuable potential of this tactic if shareholders know where to look (learn more here).

With these “truths” under our belt, we’re going to take a gander at the recent action encompassing Courier Corporation (NASDAQ:CRRC).

What does the smart money think about Courier Corporation (NASDAQ:CRRC)?

Heading into 2013, a total of 6 of the hedge funds we track were long in this stock, a change of 0% from the previous quarter. With the smart money’s sentiment swirling, there exists a select group of notable hedge fund managers who were boosting their holdings considerably.

According to our comprehensive database, Chuck Royce’s Royce & Associates had the largest position in Courier Corporation (NASDAQ:CRRC), worth close to $4.1 million, comprising less than 0.1%% of its total 13F portfolio. Coming in second is Algert Coldiron Investors, managed by Peter Algert and Kevin Coldiron, which held a $0.7 million position; the fund has 0.2% of its 13F portfolio invested in the stock. Other peers with similar optimism include Jim Simons’s Renaissance Technologies, Michael Price’s MFP Investors and Ken Griffin’s Citadel Investment Group.

What do corporate executives and insiders think about Courier Corporation (NASDAQ:CRRC)?

Insider trading activity, especially when it’s bullish, is best served when the company we’re looking at has experienced transactions within the past 180 days. Over the last six-month time period, Courier Corporation (NASDAQ:CRRC) has experienced zero unique insiders purchasing, and zero insider sales (see the details of insider trades here).

Let’s also review hedge fund and insider activity in other stocks similar to Courier Corporation (NASDAQ:CRRC). These stocks are The McGraw-Hill Companies, Inc. (NYSE:MHP), Scholastic Corp (NASDAQ:SCHL), and Noah Education Holdings Ltd. (ADR) (NYSE:NED). This group of stocks are in the publishing – books industry and their market caps match CRRC’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

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top 6 Tax Scams and How to Protect Yourself

Top Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

The most expensive sports to play

Top 7 Earning Celebrities Under 25

Best 7 Online Courses to Take: Free Finance MOOCs

Top 6 Bad Habits that Promote Failure

20 Most Valuable Soccer Teams in the World in 2013

12 Most Expensive Countries for Foreign Students

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!