Hedge Funds Are Buying Albany Molecular Research, Inc. (AMRI): Osiris Therapeutics, Inc. (OSIR), 3SBio Inc. (ADR) (SSRX)

Is Albany Molecular Research, Inc. (NASDAQ:AMRI) the right investment to pursue these days? Investors who are in the know are in an optimistic mood. The number of bullish hedge fund bets improved by 2 recently.

Chuck Royce

If you’d ask most shareholders, hedge funds are perceived as underperforming, outdated investment tools of the past. While there are more than 8000 funds with their doors open today, we at Insider Monkey look at the leaders of this group, around 450 funds. It is estimated that this group oversees the lion’s share of all hedge funds’ total capital, and by paying attention to their top investments, we have figured out a few investment strategies that have historically outperformed Mr. Market. Our small-cap hedge fund strategy outperformed the S&P 500 index by 18 percentage points annually 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 outpaced the S&P 500 index by 24 percentage points in 7 months (see the details here).

Just as key, optimistic insider trading sentiment is another way to break down the world of equities. Obviously, there are many incentives for a bullish insider to sell shares of his or her company, but just one, very simple reason why they would behave bullishly. Many empirical studies have demonstrated the impressive potential of this method if investors understand where to look (learn more here).

Now, we’re going to take a look at the key action regarding Albany Molecular Research, Inc. (NASDAQ:AMRI).

Hedge fund activity in Albany Molecular Research, Inc. (NASDAQ:AMRI)

At the end of the fourth quarter, a total of 10 of the hedge funds we track were long in this stock, a change of 25% from one quarter earlier. With hedgies’ sentiment swirling, there exists a select group of key hedge fund managers who were upping their stakes considerably.

Of the funds we track, Royce & Associates, managed by Chuck Royce, holds the largest position in Albany Molecular Research, Inc. (NASDAQ:AMRI). Royce & Associates has a $8 million position in the stock, comprising 0% of its 13F portfolio. On Royce & Associates’s heels is Visium Asset Management, managed by Jacob Gottlieb, which held a $5 million position; the fund has 0.2% of its 13F portfolio invested in the stock. Some other peers with similar optimism include John W. Rogers’s Ariel Investments, Jim Simons’s Renaissance Technologies and D. E. Shaw’s D E Shaw.

Consequently, key money managers have jumped into Albany Molecular Research, Inc. (NASDAQ:AMRI) headfirst. AQR Capital Management, managed by Cliff Asness, established the most valuable position in Albany Molecular Research, Inc. (NASDAQ:AMRI). AQR Capital Management had 0 million invested in the company at the end of the quarter. Peter Algert and Kevin Coldiron’s Algert Coldiron Investors also initiated a $0 million position during the quarter. The only other fund with a brand new AMRI position is Steven Cohen’s SAC Capital Advisors.

What do corporate executives and insiders think about Albany Molecular Research, Inc. (NASDAQ:AMRI)?

Insider trading activity, especially when it’s bullish, is best served when the company in focus has experienced transactions within the past 180 days. Over the last half-year time frame, Albany Molecular Research, Inc. (NASDAQ:AMRI) has seen 2 unique insiders buying, and 2 insider sales (see the details of insider trades here).

Let’s also examine hedge fund and insider activity in other stocks similar to Albany Molecular Research, Inc. (NASDAQ:AMRI). These stocks are Osiris Therapeutics, Inc. (NASDAQ:OSIR), 3SBio Inc. (ADR) (NASDAQ:SSRX), PROLOR Biotech Inc (NYSEAMEX:PBTH), XenoPort, Inc. (NASDAQ:XNPT), and Novavax, Inc. (NASDAQ:NVAX). This group of stocks are the members of the biotechnology industry and their market caps are similar to AMRI’s market cap.

Company Name # of Hedge Funds # of Insiders Buying # of Insiders Selling
Osiris Therapeutics, Inc. (NASDAQ:OSIR) 1 1 3
3SBio Inc. (ADR) (NASDAQ:SSRX) 9 0 0
PROLOR Biotech Inc (NYSEAMEX:PBTH) 3 0 0
XenoPort, Inc. (NASDAQ:XNPT) 13 0 0
Novavax, Inc. (NASDAQ:NVAX) 5 1 0

With the results demonstrated by our strategies, everyday investors must always watch hedge fund and insider trading activity, and Albany Molecular Research, Inc. (NASDAQ:AMRI) is no exception.

Click here to learn why you should track hedge funds

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 10 Largest Pharmaceutical Companies In the World

The 10 Most Expensive Android Apps

The 9 Most Expensive Designer Bags in the World

The 7 Most Expensive Real Estate in the World

The 10 Most Expensive eBay Items Ever Sold

The 10 Most Expensive iPhone Apps

The 9 Most Expensive Designer Shoes in the World

The 10 Most Expensive Cigarette Brands

The 10 Most Expensive Law Schools in the US

The 10 Best Wall Street Movies

The 10 Most Expensive Golf Clubs Ever Sold

The 10 Most Expensive Golf Memberships

The 10 Best Disney Characters Ever Created

The 8 Best Foods for Gaining Weight

The 10 Most Expensive Colleges in the World

The 7 Most Memorable Ad Campaigns of All Time

The 7 Most Expensive High Schools in the World

The 10 Electric Vehicles with the Longest Range

The 10 Cities with the Worst Drivers in the World

The 10 Most Expensive Dresses Ever Created

10 Islands to Visit Before You Die

10 Famous Celebrities Who Needed Rehab

The 15 Countries with the Largest Oil Reserves

The 10 Most Overused Excuses in the World

The 5 Best iOS Apps You Can’t Get on Android

5 Companies Damaged By Social Media Blunders

The 10 Most Legendary Blues Songs

The 10 Most Lawless Places in the World

4 Reasons China is a Threat to the US

The 17 Most Sugary Drinks in the World

The 10 Most Ruthless Rulers in History

The 10 Greatest Generals in History

Top 8 Travel Destinations for 2015

The 10 Safest Dog Breeds for Children

The 10 Most Stolen Vehicles in the US

The 7 Most Expensive Celebrity Weddings

The 10 Best LoL Teams in the World

Top 10 Worst Marketing Campaigns Ever Produced

Top 5 Diets that Help You Lose Weight

The 10 Best Ways to Stay Awake

7 Artists That Switched Musical Genres

The 10 Most Expensive Cities to Live in New Jersey

The 10 Best High Schools in New York

The 10 Countries With the Least Gender Inequality

The 6 Biggest Musician-Manager Feuds

The 10 Countries with the Cheapest Gas Prices

The 7 Most Theatrical Bands of All Time

The 8 Worst Band Breakups of All Time

The 10 Most Important South American Leaders

The 7 Most Successful Casting Show Winners

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!