Is Endo Health Solutions Inc (NASDAQ:ENDP) a buy?
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Thus, let’s study the newest info about Endo Health Solutions Inc (NASDAQ:ENDP).
What does the smart money think about Endo Health Solutions Inc (NASDAQ:ENDP)?
At Q2′s end, a total of 24 of the hedge funds we track held long positions in this stock, a change of 4% from the previous quarter. With the smart money’s sentiment swirling, there exists a few key hedge fund managers who were boosting their stakes considerably.
When using filings from the hedgies we track, Blue Ridge Capital, managed by John Griffin, holds the biggest position in Endo Health Solutions Inc (NASDAQ:ENDP). Blue Ridge Capital has a $250.2 million position in the stock, comprising 3% of its 13F portfolio. The second largest stake is held by Jacob Gottlieb of Visium Asset Management, with a $176.5 million position; 4.1% of its 13F portfolio is allocated to the stock. Remaining hedgies that hold long positions include Peter Adam Hochfelder’s Brahman Capital, Sean Cullinan’s Point State Capital and Ken Griffin’s Citadel Investment Group.
With a general bullishness amongst the titans, certain bigger names were leading the bulls’ herd. Blue Ridge Capital, managed by John Griffin, assembled the largest position in Endo Health Solutions Inc (NASDAQ:ENDP). Blue Ridge Capital had 250.2 million invested in the company at the end of the quarter. Jacob Gottlieb’s Visium Asset Management also initiated a $176.5 million position during the quarter. The other funds with brand new ENDP positions are Peter Adam Hochfelder’s Brahman Capital, Ken Griffin’s Citadel Investment Group, and Glenn Russell Dubin’s Highbridge Capital Management.
What have insiders been doing with Endo Health Solutions Inc (NASDAQ:ENDP)?
Insider buying is at its handiest when the company in focus has experienced transactions within the past six months. Over the latest six-month time period, Endo Health Solutions Inc (NASDAQ:ENDP) has experienced zero unique insiders buying, and zero insider sales (see the details of insider trades here).
We’ll also take a look at the relationship between both of these indicators in other stocks similar to Endo Health Solutions Inc (NASDAQ:ENDP). These stocks are Dr. Reddy’s Laboratories Limited (ADR) (NYSE:RDY), Taro Pharmaceutical Industries Ltd. (NYSE:TARO), Cubist Pharmaceuticals Inc (NASDAQ:CBST), United Therapeutics Corporation (NASDAQ:UTHR), and Warner Chilcott Plc (NASDAQ:WCRX). This group of stocks are in the drug manufacturers – other industry and their market caps match ENDP’s market cap.