Hedge Funds Are Crazy About CTC Media, Inc. (CTCM): Scripps Networks Interactive, Inc. (SNI), Nexstar Broadcasting Group, Inc. (NXST)

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Company Name # of Hedge Funds # of Insiders Buying # of Insiders Selling
Scripps Networks Interactive, Inc. (NYSE:SNI) 28 0 12
Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) 14 0 6
LIN TV Corp (NYSE:TVL) 9 0 6
Belo Corp. (NYSE:BLC) 17 0 5
Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) 12 0 5

With the returns exhibited by the aforementioned time-tested strategies, everyday investors should always pay attention to hedge fund and insider trading activity, and CTC Media, Inc. (NASDAQ:CTCM) is no exception.

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