Hedge Funds Are Selling FEI Company (FEIC)

Page 1 of 2

FEI Company (NASDAQ:FEIC) was in 10 hedge funds’ portfolio at the end of the first quarter of 2013. FEIC investors should pay attention to a decrease in hedge fund interest lately. There were 17 hedge funds in our database with FEIC positions at the end of the previous quarter.

FEI Company (NASDAQ:FEIC)

To the average investor, there are many indicators shareholders can use to analyze Mr. Market. A pair of the most useful are hedge fund and insider trading activity. At Insider Monkey, our studies have shown that, historically, those who follow the top picks of the top fund managers can trounce the S&P 500 by a solid amount (see just how much).

Just as integral, bullish insider trading sentiment is another way to parse down the world of equities. As the old adage goes: there are a number of incentives for a corporate insider to sell shares of his or her company, but only one, very simple reason why they would buy. Plenty of empirical studies have demonstrated the useful potential of this method if piggybackers understand what to do (learn more here).

With all of this in mind, we’re going to take a glance at the key action regarding FEI Company (NASDAQ:FEIC).

How are hedge funds trading FEI Company (NASDAQ:FEIC)?

At Q1′s end, a total of 10 of the hedge funds we track were long in this stock, a change of -41% from the previous quarter. With the smart money’s positions undergoing their usual ebb and flow, there exists an “upper tier” of key hedge fund managers who were increasing their holdings substantially.

When looking at the hedgies we track, Chuck Royce’s Royce & Associates had the biggest position in FEI Company (NASDAQ:FEIC), worth close to $98.5 million, comprising 0.3% of its total 13F portfolio. Sitting at the No. 2 spot is Fisher Asset Management, managed by Ken Fisher, which held a $70.4 million position; the fund has 0.2% of its 13F portfolio invested in the stock. Other hedgies with similar optimism include Andrew Sandler’s Sandler Capital Management, Donald Chiboucis’s Columbus Circle Investors and Brian Ashford-Russell and Tim Woolley’s Polar Capital.

Because FEI Company (NASDAQ:FEIC) has faced a declination in interest from hedge fund managers, logic holds that there lies a certain “tier” of fund managers that slashed their full holdings at the end of the first quarter. Intriguingly, Thomas Steyer’s Farallon Capital sold off the largest investment of the 450+ funds we monitor, totaling about $30.3 million in stock.. Jeffrey Vinik’s fund, Vinik Asset Management, also sold off its stock, about $8.4 million worth. These moves are interesting, as total hedge fund interest fell by 7 funds at the end of the first quarter.

What do corporate executives and insiders think about FEI Company (NASDAQ:FEIC)?

Insider buying is particularly usable when the primary stock in question has experienced transactions within the past half-year. Over the latest half-year time period, FEI Company (NASDAQ:FEIC) has seen zero unique insiders buying, and 7 insider sales (see the details of insider trades here).

Let’s check out hedge fund and insider activity in other stocks similar to FEI Company (NASDAQ:FEIC). These stocks are Bio-Rad Laboratories, Inc. (NYSE:BIO), Cognex Corporation (NASDAQ:CGNX), Itron, Inc. (NASDAQ:ITRI), Bruker Corporation (NASDAQ:BRKR), and Cepheid (NASDAQ:CPHD). This group of stocks are the members of the scientific & technical instruments industry and their market caps resemble FEIC’s market cap.

Page 1 of 2

Dividend Stock Alert - Billionaire Robbins' Top Dividend Idea With 70% Upside Potential

Get Paid 3.5% Per Year While Waiting For The Stock Appreciate 70%

Larry Robbins' Glenview Capital Opportunity Fund returned 101.7% in 2013 and Robbins personally made $750 million. The same fund returned 25.3% in 2014. In this FREE REPORT we will share Robbins' top dividend idea that yields 3.5% and has been increasing its dividends for 39 consecutive years. Robbins thinks the stock has the potential to appreciate 70%.

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Click here to Read Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 74 percentage points in 2.5 years. Our beta is only 1.2 (download a FREE newsletter and see the details inside)

Lists

Best Selling Magazines in the World

Shortest People in History

The Most Celebrated Holidays in the World

Most Expensive Handbag Brands in the World

Top Selling Comic Book Issues of this Century

The Most Powerful Women in Politics

Best Paid DJs

Most Rebellious Female Artists

Best Paid TV Actresses of 2014

Best Paid Actors of 2014

Most Expensive Horses in the World

Tallest People Ever

Most Encouraging Feminist Celebrities

Best Paid Supermodels of 2014

Top 10 Suburbs for Retirement in 2015

10 Wealthiest Cities in America

Top 10 TED Talks for Entrepreneurs

Best TED Talks on Education

25 Most Dangerous Places to Live in America

Top 10 Ski Resorts in the United States – 2014 List

Top 10 Most Remote Places in the World

Most Visited Museums in the United States

Wealthiest Photographers in the World

Most Famous Gay Athletes

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

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 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!