How Many Priceline.com Inc (PCLN) Investors Are Short?

Page 1 of 2

At present, there are a significant amount of facts and figures for Priceline.com Inc (NASDAQ:PCLN) traders to track, but it’s key to take note of a company’s short sellers. Two metrics typically used are: (a) the chunk of a company’s shares that bears are presently selling, in addition to (b) the difference in short selling activity.

Augmented bearish shorting typically means what it implies: Wall Street has grown less bullish on a company. Short selling that’s too high, however, sometimes has a bullish effect on share price, as short-ers can be forced to cover their shares.

Priceline.com Inc (NASDAQ:PCLN)At Insider Monkey, it’s no secret that we monitor hedgies’ interest, but it’s also beneficial to pair this information with overall short interest information. In some high-profile cases, mega- investors could disclose that they’re bearish on a stock, but it is not an SEC requirement. Nonetheless, some individual investors may want to stay away from highly shorted stocks with elevated hedgie investment, while others may want short-squeeze candidates. For readers wanting a proven piggybacking strategy, discover the details of our premium strategy.

Without further ado, let’s take a gander at the latest data swirling around Priceline.com Inc (NASDAQ:PCLN).

Tracking the newest FINRA short interest data, which is reported two times monthly, we can realize that Priceline.com Inc (NASDAQ:PCLN) has a short interest of 5.30% of float. This represents a -12% change from the previous filing period. With a total float of 51.13M shares, this is a short ratio of 4.30.

It’s also important to keep an eye on hedge fund sentiment via their quarterly 13F filings. According to our data, Stephen Mandel’s Lone Pine Capital had the biggest position in Priceline.com Inc (NASDAQ:PCLN), worth close to $1.4206 billion, comprising 6.9% of its total 13F portfolio. The 2nd biggest stake is held by Coatue Management, managed by Philippe Laffont, which held a $443.7 million position; the fund has 4.9% of its 13F portfolio invested in the stock. Some other hedge funds with similar optimism include Paul Reeder and Edward Shapiro’s PAR Capital Management, Chase Coleman and Feroz Dewan’s Tiger Global Management LLC and John Griffin’s Blue Ridge Capital.

Also, insider buying is best served when the company in question has experienced transactions within the past six months. Over the latest six-month time period, Priceline.com Inc (NASDAQ:PCLN) has experienced zero unique insiders buying, and 5 insider sales (see the details of insider trades here).

Let’s also review activity in other stocks similar to Priceline.com Inc (NASDAQ:PCLN). These stocks are MakeMyTrip Limited (NASDAQ:MMYT), Orbitz Worldwide, Inc. (NYSE:OWW), Cedar Fair, L.P. (NYSE:FUN), Six Flags Entertainment Corp (NYSE:SIX), and Carnival plc (ADR) (NYSE:CUK). This group of stocks belong to the general entertainment industry and their market caps are similar to PCLN’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

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

6 Ways 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

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

The Most Heartwarming and Inspirational Story Of This Halloween Season, It Will Make You Cry and Jump For Joy

10 Best Party Songs of All Time to Bring the House Down With

5 New World Order Conspiracy Theories that Will Strangle the World

The 10 Highest Rated Movies of 2014

The 10 Largest Container Shipping Companies in the World

The 10 Largest Armies in the World: Who Should We Be Afraid Of?

Best Warren Buffett Quotes on Money You Need to Hear

The 10 Highest Suicide Rates by Profession

The 20 Most Underrated Movies of All Time

The 10 Fastest Growing Companies in America

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!