J. Carlo Cannell Acquires Some More Hooper Holmes, Inc. (HH) Shares

J. Carlo Cannell continues his bullish streak on Hooper Holmes, Inc. (NYSEMKT:HH), reporting buying more shares of the company. His fund, Cannell Capital, increased its exposure to Hooper Holmes by some 304,600 shares, holding a total of 10.35 million shares. The new shares have been acquired in four transactions, the average price amounting to $0.54 apiece.

 Carlo Cannell

Over a week ago, Cannell reported acquiring another 96,225 shares. Earlier in October, the fund disclosed a 14.24% stake in Hooper Holmes, Inc. (NYSEMKT:HH), which contained 9.95 million shares.

The stock of Hooper Holmes, Inc. (NYSEMKT:HH) gained over 33% since the beginning of the year. In the third quarter, the company reported a net loss of $1.7 million, slightly down from the $2.2 loss posted in the same period of last year. The revenue of the company fell by an annual 11% to $11.0 million.

In the latest round of 13F filings, Renaissance Technologies, managed by Jim Simons, also reported ownership of Hooper Holmes, Inc. (NYSEMKT:HH) shares. The stake held by Renaissance contains 869,900 shares, worth $409,000. Ken Griffin’s Citadel Investment Group disclosed a $18,000 stake, which contains 39,100 shares. At the same time, Chuck Royce’s Royce & Associates closed his stake, which earlier amassed over 1.8 million shares.

Cannell reported an $18.5 million position in Global Telecom & Technology, Inc. (NYSEMKT:GTT), which contains 3.5 million shares and is the largest in the fund’s equity portfolio, according to the latest 13F. The second largest was the $9.7 million stake in ValueVision Media Inc (NASDAQ:VVTV). However, at the beginning of November, Cannell upped its position in ValueVision to 5.54 million shares, from 2.22 million held at the end of September. In Build-A-Bear Workshop, Inc(NYSE:BBW), Cannell reported owning 1.2 million shares, worth $8.4 million.

Recently, Cannell reported slicing its position in Crumbs Bake Shop Inc (NASDAQ:CRMB). The fund currently owns around 1.2 million shares, after reducing its stake by 378,000 shares.

Disclosure: none

Recommended Reading:

Steve Leonard, Pacifica Capital Investments Add to R.G. Barry Corp. (DFZ) Position

Edward Lampert, ESL Investments Continue Trimming Their AutoNation, Inc. (AN) Stake

Solus Alternative Asset Management Goes Activist on YRC Worldwide (YRCW)

 

 

Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The 10 Largest Pharmaceutical Companies In the World

The 10 Most Expensive Android Apps

The 9 Most Expensive Designer Bags in the World

The 7 Most Expensive Real Estate in the World

The 10 Most Expensive eBay Items Ever Sold

The 10 Most Expensive iPhone Apps

The 9 Most Expensive Designer Shoes in the World

The 10 Most Expensive Cigarette Brands

The 10 Most Expensive Law Schools in the US

The 10 Best Wall Street Movies

The 10 Most Expensive Golf Clubs Ever Sold

The 10 Most Expensive Golf Memberships

The 10 Best Disney Characters Ever Created

The 8 Best Foods for Gaining Weight

The 10 Most Expensive Colleges in the World

The 7 Most Memorable Ad Campaigns of All Time

The 7 Most Expensive High Schools in the World

The 10 Electric Vehicles with the Longest Range

The 10 Cities with the Worst Drivers in the World

The 10 Most Expensive Dresses Ever Created

10 Islands to Visit Before You Die

10 Famous Celebrities Who Needed Rehab

The 15 Countries with the Largest Oil Reserves

The 10 Most Overused Excuses in the World

The 5 Best iOS Apps You Can’t Get on Android

5 Companies Damaged By Social Media Blunders

The 10 Most Legendary Blues Songs

The 10 Most Lawless Places in the World

4 Reasons China is a Threat to the US

The 17 Most Sugary Drinks in the World

The 10 Most Ruthless Rulers in History

The 10 Greatest Generals in History

Top 8 Travel Destinations for 2015

The 10 Safest Dog Breeds for Children

The 10 Most Stolen Vehicles in the US

The 7 Most Expensive Celebrity Weddings

The 10 Best LoL Teams in the World

Top 10 Worst Marketing Campaigns Ever Produced

Top 5 Diets that Help You Lose Weight

The 10 Best Ways to Stay Awake

7 Artists That Switched Musical Genres

The 10 Most Expensive Cities to Live in New Jersey

The 10 Best High Schools in New York

The 10 Countries With the Least Gender Inequality

The 6 Biggest Musician-Manager Feuds

The 10 Countries with the Cheapest Gas Prices

The 7 Most Theatrical Bands of All Time

The 8 Worst Band Breakups of All Time

The 10 Most Important South American Leaders

The 7 Most Successful Casting Show Winners

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!