Nu Skin Enterprises, Inc. (NUS): Are Hedge Funds Right About This Stock?

Page 1 of 2

If you were to ask many market players, hedge funds are viewed as delayed, old financial vehicles of a period lost to current times. Although there are In excess of 8,000 hedge funds trading today, this site focuses on the upper echelon of this club, about 525 funds. Analysts calculate that this group has its hands on the majority of all hedge funds’ total assets, and by paying attention to their highest performing investments, we’ve unsheathed a number of investment strategies that have historically outstripped Mr. Market. Our small-cap hedge fund strategy outstripped the S&P 500 index by 18 percentage points annually for a decade in our back tests, and since we’ve began to sharing our picks with our subscribers at the end of August 2012, we have outclassed the S&P 500 index by 33 percentage points in 11 months (explore the details and some picks here).

Nu Skin Enterprises, Inc. (NYSE:NUS)

Just as necessary, bullish insider trading sentiment is another way to look at the investments you’re interested in. As the old adage goes: there are many motivations for a bullish insider to get rid of shares of his or her company, but just one, very simple reason why they would initiate a purchase. Plenty of empirical studies have demonstrated the useful potential of this tactic if “monkeys” understand where to look (learn more here).

What’s more, we’re going to examine the recent info for Nu Skin Enterprises, Inc. (NYSE:NUS).

What have hedge funds been doing with Nu Skin Enterprises, Inc. (NYSE:NUS)?

At the end of the second quarter, a total of 17 of the hedge funds we track were bullish in this stock, a change of 31% from one quarter earlier. With the smart money’s positions undergoing their usual ebb and flow, there exists an “upper tier” of noteworthy hedge fund managers who were increasing their stakes meaningfully.

When using filings from the hedgies we track, Royce & Associates, managed by Chuck Royce, holds the most valuable position in Nu Skin Enterprises, Inc. (NYSE:NUS). Royce & Associates has a $419.1 million position in the stock, comprising 1.3% of its 13F portfolio. On Royce & Associates’s heels is Renaissance Technologies, managed by Jim Simons, which held a $39.9 million position; the fund has 0.1% of its 13F portfolio invested in the stock. Some other hedgies with similar optimism include Andrew Sandler’s Sandler Capital Management, Cliff Asness’s AQR Capital Management and Dmitry Balyasny’s Balyasny Asset Management.

As aggregate interest spiked, certain money managers have jumped into Nu Skin Enterprises, Inc. (NYSE:NUS) headfirst. Royce & Associates, managed by Chuck Royce, assembled the biggest position in Nu Skin Enterprises, Inc. (NYSE:NUS). Royce & Associates had 419.1 million invested in the company at the end of the quarter. Jim Simons’s Renaissance Technologies also initiated a $39.9 million position during the quarter. The other funds with new positions in the stock are Andrew Sandler’s Sandler Capital Management, Cliff Asness’s AQR Capital Management, and Dmitry Balyasny’s Balyasny Asset Management.

What do corporate executives and insiders think about Nu Skin Enterprises, Inc. (NYSE:NUS)?

Insider buying made by high-level executives is at its handiest when the primary stock in question has seen transactions within the past six months. Over the last six-month time period, Nu Skin Enterprises, Inc. (NYSE:NUS) has seen zero unique insiders purchasing, and zero insider sales (see the details of insider trades here).

We’ll go over the relationship between both of these indicators in other stocks similar to Nu Skin Enterprises, Inc. (NYSE:NUS). These stocks are Avon Products, Inc. (NYSE:AVP), Inter Parfums, Inc. (NASDAQ:IPAR), Energizer Holdings, Inc. (NYSE:ENR), Elizabeth Arden, Inc. (NASDAQ:RDEN), and Revlon Inc (NYSE:REV). All of these stocks are in the personal products industry and their market caps resemble NUS’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!