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
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 Click to see monthly returns in table format!

Lists

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

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!