Do Hedge Funds and Insiders Love LeapFrog Enterprises, Inc. (LF)?

Page 1 of 2

In the eyes of many investors, hedge funds are assumed to be bloated, outdated investment tools of a forgotten age. Although there are In excess of 8,000 hedge funds trading in present day, Insider Monkey looks at the top tier of this club, close to 525 funds. Analysts calculate that this group has its hands on the lion’s share of the smart money’s total assets, and by keeping an eye on their best stock picks, we’ve identified a few investment strategies that have historically beaten Mr. Market. Our small-cap hedge fund strategy outpaced the S&P 500 index by 18 percentage points per annum for a decade in our back tests, and since we’ve started sharing our picks with our subscribers at the end of August 2012, we have outclassed the S&P 500 index by 33 percentage points in 11 months (find the details here).

Just as useful, bullish insider trading activity is a second way to look at the financial markets. There are a variety of reasons for an insider to cut shares of his or her company, but just one, very obvious reason why they would initiate a purchase. Many academic studies have demonstrated the market-beating potential of this method if shareholders know where to look (learn more here).

Furthermore, it’s important to examine the latest info about LeapFrog Enterprises, Inc. (NYSE:LF).

How are hedge funds trading LeapFrog Enterprises, Inc. (NYSE:LF)?

At Q2′s end, a total of 17 of the hedge funds we track held long positions in this stock, a change of 0% from the previous quarter. With the smart money’s capital changing hands, there exists a select group of notable hedge fund managers who were boosting their holdings significantly.

LeapFrog Enterprises, Inc. (NYSE:LF)When using filings from the hedgies we track, Blue Mountain Capital, managed by Andrew Feldstein and Stephen Siderow, holds the most valuable position in LeapFrog Enterprises, Inc. (NYSE:LF). Blue Mountain Capital has a $19.7 million position in the stock, comprising 0.8% of its 13F portfolio. Coming in second is Royce & Associates, managed by Chuck Royce, which held a $4.7 million position; the fund has less than 0.1%% of its 13F portfolio invested in the stock. Remaining peers that hold long positions include Joel Greenblatt’s Gotham Asset Management, Geoffrey Raynor’s Q Investments (Specter Holdings) and John Fichthorn’s Dialectic Capital Management.

Because LeapFrog Enterprises, Inc. (NYSE:LF) has witnessed a fall in interest from the top-tier hedge fund industry, it’s safe to say that there were a few hedge funds who sold off their positions entirely in Q1. Interestingly, Jim Simons’s Renaissance Technologies dropped the largest stake of the “upper crust” of funds we monitor, worth an estimated $5.2 million in stock, and Robert B. Gillam of Mckinley Capital Management was right behind this move, as the fund sold off about $2.4 million worth. These moves are intriguing to say the least, as total hedge fund interest stayed the same (this is a bearish signal in our experience).

How have insiders been trading LeapFrog Enterprises, Inc. (NYSE:LF)?

Legal insider trading, particularly when it’s bullish, is particularly usable when the company in focus has seen transactions within the past 180 days. Over the latest half-year time frame, LeapFrog Enterprises, Inc. (NYSE:LF) has seen zero unique insiders purchasing, and zero insider sales (see the details of insider trades here).

We’ll go over the relationship between both of these indicators in other stocks similar to LeapFrog Enterprises, Inc. (NYSE:LF). These stocks are Mattel, Inc. (NASDAQ:MAT), Kid Brands Inc (NYSE:KID), Hasbro, Inc. (NASDAQ:HAS), Gaming Partners International Corp. (NASDAQ:GPIC), and JAKKS Pacific, Inc. (NASDAQ:JAKK). All of these stocks are in the toys & games industry and their market caps are closest to LF’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

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

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

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!