Is The Valspar Corporation (NYSE:VAL) Going to Burn These Hedge Funds?

The Valspar Corporation (NYSE:VAL)The Valspar Corporation (NYSE:VAL) shareholders have witnessed a decrease in enthusiasm from smart money of late.

In the financial world, there are many metrics market participants can use to track stocks. Two of the most underrated are hedge fund and insider trading movement. At Insider Monkey, our research analyses have shown that, historically, those who follow the best picks of the elite hedge fund managers can outperform the market by a superb margin (see just how much).

Just as beneficial, bullish insider trading activity is another way to break down the investments you’re interested in. Just as you’d expect, there are a variety of incentives for a corporate insider to drop shares of his or her company, but just one, very clear reason why they would behave bullishly. Many empirical studies have demonstrated the useful potential of this method if “monkeys” know where to look (learn more here).

With these “truths” under our belt, we’re going to take a look at the latest action regarding The Valspar Corporation (NYSE:VAL).

How are hedge funds trading The Valspar Corporation (NYSE:VAL)?

At the end of the fourth quarter, a total of 17 of the hedge funds we track were bullish in this stock, a change of -11% from one quarter earlier. With the smart money’s positions undergoing their usual ebb and flow, there exists an “upper tier” of notable hedge fund managers who were increasing their stakes significantly.

When looking at the hedgies we track, Iridian Asset Management, managed by David Cohen and Harold Levy, holds the most valuable position in The Valspar Corporation (NYSE:VAL). Iridian Asset Management has a $222 million position in the stock, comprising 3.7% of its 13F portfolio. Coming in second is Doug Silverman of Senator Investment Group, with a $115 million position; 0.1% of its 13F portfolio is allocated to the company. Some other peers that hold long positions include Ken Griffin’s Citadel Investment Group, Jean-Marie Eveillard’s First Eagle Investment Management and D. E. Shaw’s D E Shaw.

Judging by the fact that The Valspar Corporation (NYSE:VAL) has experienced falling interest from the entirety of the hedge funds we track, logic holds that there were a few funds who sold off their positions entirely last quarter. Intriguingly, Michael Karsch’s Karsch Capital Management dropped the biggest investment of all the hedgies we watch, totaling an estimated $49 million in stock.. SAC Subsidiary’s fund, Sigma Capital Management, also dropped its stock, about $10 million worth. These bearish behaviors are intriguing to say the least, as total hedge fund interest fell by 2 funds last quarter.

Insider trading activity in The Valspar Corporation (NYSE:VAL)

Insider purchases made by high-level executives is best served when the primary stock in question has seen transactions within the past half-year. Over the last half-year time period, The Valspar Corporation (NYSE:VAL) has experienced 1 unique insiders purchasing, and 3 insider sales (see the details of insider trades here).

With the results demonstrated by our studies, retail investors should always monitor hedge fund and insider trading activity, and The Valspar Corporation (NYSE:VAL) is no exception.

Click here to learn more about Insider Monkey’s Hedge Fund Newsletter

Insider Monkey’s small-cap strategy returned 29.2% between September 2012 and February 2013 versus 8.7% for the S&P 500 index. Try it now by clicking the link above.

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

5 Best States for Golf Adventures

Top 15 Places To Visit Before You Die

10 Most Expensive Smartphones in the World

10 States with Lowest Physician Density

10 Top Reasons For Getting Fired

The 3 Best States to Start an LLC

10 Jobs That Allow You to Travel

7 High-Paying Jobs You Can Do From Home

12 Best Cities to Shop in USA

10 Best States To Practice Medicine

The 10 Best States to Have a Business

The 12 Most Expensive Apple (AAPL) Apps in the Market

The 10 Richest Billionaires in the World

10 Biggest Kickstarter Failures

The 10 Best Places to Work At

The Top 10 of Google Inc (GOOGL)’s Most Expensive Acquisitions

13 Best Cities to Visit in South America

10 Most Expensive Works of Art of All Time

The 10 Richest Banks in the World

The 10 Best-Paying Jobs in America (2014)

7 Most Expensive Foods in the World

The World’s Top 10 Earning Authors

Five Wicked and Very Expensive Items (and Other “Stuff”) Sold on eBay

10 Biggest Celebrity Bankruptcies

The Top 10 Highest Paid CEOs in 2014

The 10 Most Expensive Real Estate Cities in America

10 Most Expensive States To Live In America

The 10 Best Airlines in the World

The 10 Best-Selling Cars in 2014

The 10 Best Industries to Invest In

The 10 Most Expensive States to Own a Car In

Top 10 Business Schools in US: 2014 Rankings

Top 20 Female Billionaires in 2014

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

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!