Is IXYS Corporation (IXYS) Going to Burn These Hedge Funds?

Page 1 of 2

Is IXYS Corporation (NASDAQ:IXYS) a buy, sell, or hold? The best stock pickers are taking a pessimistic view. The number of bullish hedge fund positions decreased by 2 lately.

IXYS Corporation (NASDAQ:IXYS)

At the moment, there are a multitude of indicators market participants can use to track their holdings. A couple of the most underrated are hedge fund and insider trading sentiment. At Insider Monkey, our studies have shown that, historically, those who follow the best picks of the top investment managers can outpace the market by a healthy amount (see just how much).

Just as integral, bullish insider trading activity is another way to break down the financial markets. Just as you’d expect, there are plenty of incentives for an insider to get rid of shares of his or her company, but only one, very simple reason why they would buy. Many academic studies have demonstrated the market-beating potential of this method if investors know where to look (learn more here).

With all of this in mind, it’s important to take a gander at the recent action encompassing IXYS Corporation (NASDAQ:IXYS).

Hedge fund activity in IXYS Corporation (NASDAQ:IXYS)

In preparation for this quarter, a total of 5 of the hedge funds we track held long positions in this stock, a change of -29% from the previous quarter. With the smart money’s capital changing hands, there exists a few key hedge fund managers who were upping their stakes meaningfully.

Of the funds we track, Royce & Associates, managed by Chuck Royce, holds the biggest position in IXYS Corporation (NASDAQ:IXYS). Royce & Associates has a $20.8 million position in the stock, comprising 0.1% of its 13F portfolio. Coming in second is Gotham Asset Management, managed by Joel Greenblatt, which held a $1 million position; the fund has 0.1% of its 13F portfolio invested in the stock. Other hedgies that hold long positions include John Overdeck and David Siegel’s Two Sigma Advisors, D. E. Shaw’s D E Shaw and Peter Rathjens, Bruce Clarke and John Campbell’s Arrowstreet Capital.

Because IXYS Corporation (NASDAQ:IXYS) has experienced falling interest from hedge fund managers, it’s safe to say that there is a sect of hedge funds that elected to cut their entire stakes last quarter. Interestingly, Israel Englander’s Millennium Management dropped the largest investment of all the hedgies we watch, comprising an estimated $0.3 million in stock., and Cliff Asness of AQR Capital Management was right behind this move, as the fund dumped about $0.1 million worth. These transactions are interesting, as aggregate hedge fund interest fell by 2 funds last quarter.

What have insiders been doing with IXYS Corporation (NASDAQ:IXYS)?

Insider trading activity, especially when it’s bullish, is particularly usable when the primary stock in question has experienced transactions within the past six months. Over the latest half-year time period, IXYS Corporation (NASDAQ:IXYS) has experienced zero unique insiders purchasing, and zero insider sales (see the details of insider trades here).

Let’s also take a look at hedge fund and insider activity in other stocks similar to IXYS Corporation (NASDAQ:IXYS). These stocks are GT Advanced Technologies Inc (NASDAQ:GTAT), Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL), CEVA, Inc. (NASDAQ:CEVA), NVE Corporation (NASDAQ:NVEC), and Trina Solar Limited (ADR) (NYSE:TSL). This group of stocks are the members of the semiconductor – specialized industry and their market caps resemble IXYS’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

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

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

Top 6 Cities For The Ultra Rich to Live in Comfort

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

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!