Darden Restaurants Inc. (DRI), Yahoo! Inc. (YHOO): Starboard Value Crowned Activist of the Year; 2015 On Pace To Top It

Starboard has a number of other irons in the fire that could lead to more big news later this year. Among other things, they are pushing Insperity Inc (NYSE:NSP) to consider selling themselves, a move that was previously advocated by another Insperity shareholder, Stadium Capital Management. Starboard also initiated a stake in Integrated Silicon Solution, Inc. (NASDAQ:ISSI) towards the end of the year, and formed a stockholder group with other shareholders which will collectively seek to have a director to the board nominated at that company’s next shareholder meeting.

Starboard also has activist positions in LSB Industries, Inc. (NYSE:LXU), which they have had constructive talks with towards improving that company’s shareholder value, as well as RealD (NYSE:RLD), whom Starboard offered to purchase and take private last October, a move which was eventually shot down by that company’s management, which could lead to more sparks between the two later this year.

Needless to say, it’s been an impressive 2014 and early 2015 for Starboard Value, one which has generated themselves and anyone who has emulated their moves, a hefty return. This is precisely why we religiously track and report on the activity of such funds, particularly activist funds, as statistics show that their involvement in companies tends to lead to them outpacing the market and improving shareholder value.

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