DTS Inc. (DTSI): Hedge Funds and Insiders Are Bearish, What Should You Do?

Page 1 of 2

DTS Inc. (NASDAQ:DTSI) was in 5 hedge funds’ portfolio at the end of March. DTSI investors should pay attention to a decrease in hedge fund sentiment recently. There were 8 hedge funds in our database with DTSI positions at the end of the previous quarter.

In today’s marketplace, there are tons of indicators market participants can use to monitor stocks. Two of the most underrated are hedge fund and insider trading interest. At Insider Monkey, our research analyses have shown that, historically, those who follow the top picks of the best investment managers can outpace the market by a significant amount (see just how much).

Chuck RoyceEqually as integral, positive insider trading sentiment is another way to parse down the investments you’re interested in. As the old adage goes: there are a variety of stimuli for a corporate insider to cut shares of his or her company, but just one, very clear reason why they would behave bullishly. Various empirical studies have demonstrated the impressive potential of this method if you understand where to look (learn more here).

Now, it’s important to take a look at the key action encompassing DTS Inc. (NASDAQ:DTSI).

How are hedge funds trading DTS Inc. (NASDAQ:DTSI)?

At Q1′s end, a total of 5 of the hedge funds we track held long positions in this stock, a change of -38% from the first quarter. With hedgies’ sentiment swirling, there exists a select group of noteworthy hedge fund managers who were increasing their stakes significantly.

According to our comprehensive database, Chuck Royce’s Royce & Associates had the most valuable position in DTS Inc. (NASDAQ:DTSI), worth close to $27.7 million, comprising 0.1% of its total 13F portfolio. Coming in second is Trigran Investments, managed by Douglas T. Granat, which held a $13.1 million position; 6.7% of its 13F portfolio is allocated to the company. Other peers that are bullish include Jim Simons’s Renaissance Technologies, D. E. Shaw’s D E Shaw and John Overdeck and David Siegel’s Two Sigma Advisors.

Judging by the fact that DTS Inc. (NASDAQ:DTSI) has faced falling interest from hedge fund managers, logic holds that there is a sect of funds that decided to sell off their positions entirely in Q1. Interestingly, Joel Greenblatt’s Gotham Asset Management dumped the largest investment of the 450+ funds we key on, comprising about $1 million in stock.. Charles Davidson’s fund, Wexford Capital, also cut its stock, about $0.2 million worth. These moves are interesting, as aggregate hedge fund interest fell by 3 funds in Q1.

What have insiders been doing with DTS Inc. (NASDAQ:DTSI)?

Insider purchases made by high-level executives is most useful when the company in focus has seen transactions within the past 180 days. Over the latest 180-day time period, DTS Inc. (NASDAQ:DTSI) has experienced zero unique insiders purchasing, and 3 insider sales (see the details of insider trades here).

Let’s also take a look at hedge fund and insider activity in other stocks similar to DTS Inc. (NASDAQ:DTSI). These stocks are Active Network Inc (NYSE:ACTV), Vringo, Inc. (NYSEAMEX:VRNG), RealNetworks Inc (NASDAQ:RNWK), Guidance Software, Inc. (NASDAQ:GUID), and Actuate Corporation (NASDAQ:BIRT). This group of stocks belong to the application software industry and their market caps match DTSI’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

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

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

Top 6 Cities For The Ultra Rich to Live in Comfort

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

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!