Hedge Funds Are Buying VistaPrint Limited (VPRT)

Page 1 of 2

VistaPrint Limited (NASDAQ:VPRT) has experienced an increase in hedge fund sentiment in recent months.

In the 21st century investor’s toolkit, there are dozens of gauges shareholders can use to watch Mr. Market. A pair of the best are hedge fund and insider trading sentiment. At Insider Monkey, our research analyses have shown that, historically, those who follow the top picks of the elite investment managers can outperform the broader indices by a superb amount (see just how much).

VistaPrint Limited (NASDAQ:VPRT)

Equally as important, positive insider trading activity is a second way to parse down the financial markets. There are a number of incentives for an insider to drop shares of his or her company, but only one, very simple reason why they would behave bullishly. Plenty of academic studies have demonstrated the impressive potential of this tactic if you understand what to do (learn more here).

Now, let’s take a glance at the latest action surrounding VistaPrint Limited (NASDAQ:VPRT).

How have hedgies been trading VistaPrint Limited (NASDAQ:VPRT)?

Heading into Q2, a total of 12 of the hedge funds we track held long positions in this stock, a change of 33% from the previous quarter. With hedgies’ capital changing hands, there exists a few notable hedge fund managers who were increasing their holdings significantly.

When looking at the hedgies we track, Brave Warrior Capital, managed by Glenn Greenberg, holds the biggest position in VistaPrint Limited (NASDAQ:VPRT). Brave Warrior Capital has a $220.6 million position in the stock, comprising 11.6% of its 13F portfolio. Sitting at the No. 2 spot is Marble Arch Investments, managed by Scott McLellan, which held a $25.1 million position; the fund has 1.8% of its 13F portfolio invested in the stock. Remaining peers that hold long positions include Edward Goodnow’s Goodnow Investment Group, Lee Hobson’s Highside Capital Management and Wilmot B. Harkey and Daniel Mack’s Nantahala Capital Management.

As aggregate interest increased, specific money managers were breaking ground themselves. Marble Arch Investments, managed by Scott McLellan, created the most outsized position in VistaPrint Limited (NASDAQ:VPRT). Marble Arch Investments had 25.1 million invested in the company at the end of the quarter. Lee Hobson’s Highside Capital Management also made a $10.5 million investment in the stock during the quarter. The other funds with new positions in the stock are John Murphy’s Alydar Capital and Matthew Hulsizer’s PEAK6 Capital Management.

Insider trading activity in VistaPrint Limited (NASDAQ:VPRT)

Insider buying is most useful when the company in question has experienced transactions within the past six months. Over the last six-month time period, VistaPrint Limited (NASDAQ:VPRT) has seen 3 unique insiders purchasing, and 4 insider sales (see the details of insider trades here).

Let’s also review hedge fund and insider activity in other stocks similar to VistaPrint Limited (NASDAQ:VPRT). These stocks are Heartland Payment Systems, Inc. (NYSE:HPY), SYNNEX Corporation (NYSE:SNX), Cardtronics, Inc. (NASDAQ:CATM), Interval Leisure Group, Inc. (NASDAQ:IILG), and Euronet Worldwide, Inc. (NASDAQ:EEFT). This group of stocks are in the business services industry and their market caps are closest to VPRT’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. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

Picture Perfect: The 6 Smartphones with the Best Cameras

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

Burger Kings: The 10 Most Expensive Burgers in the World

The 10 Most Ethnically Diverse Countries in the World

The 10 Most Exclusive Credit Cards in the World

The 10 Most Expensive Cruise Ships in the World

The 10 Fastest Supercomputers in the World

The 10 Best Countries for Doing Business 2015

6 Most Expensive Fruits In The World

10 Worst Airlines in the World

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!