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 10 Countries with the Highest Suicide Rates

The 10 Most Technologically Advanced Countries in the World

The 10 Safest Countries in the World to Live in Peace

The 10 Top Selling Smartphones in the World 2014

The 12 Biggest Shopping Centers in the World

The 10 Friendliest Countries in the World

Qihoo 360 Technology Co Ltd (QIHU), Actavis plc (ACT), Yahoo! Inc. (YHOO) Among 20 Long Ideas from Sohn Canada

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

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

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!