Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Should You Sell Entropic Communications, Inc. (ENTR)?

Page 1 of 2

In the 21st century investor’s toolkit, there are plenty of metrics market participants can use to track their holdings. A couple of the most underrated are hedge fund and insider trading movement. At Insider Monkey, our studies have shown that, historically, those who follow the best picks of the best fund managers can outclass the market by a superb margin (see just how much).

Just as useful, positive insider trading sentiment is a second way to look at the financial markets. There are lots of reasons for an executive to drop shares of his or her company, but only one, very obvious reason why they would initiate a purchase. Various academic studies have demonstrated the valuable potential of this tactic if you know where to look (learn more here).

Now that that’s out of the way, we’re going to study the recent info for Entropic Communications, Inc. (NASDAQ:ENTR).

Entropic Communications, Inc. (NASDAQ:ENTR)

How are hedge funds trading Entropic Communications, Inc. (NASDAQ:ENTR)?

At the end of the second quarter, a total of 11 of the hedge funds we track were bullish in this stock, a change of 0% from the previous quarter. With the smart money’s positions undergoing their usual ebb and flow, there exists an “upper tier” of key hedge fund managers who were increasing their holdings significantly.


Since Entropic Communications, Inc. (NASDAQ:ENTR) has faced dropping sentiment from the entirety of the hedge funds we track, logic holds that there is a sect of hedgies that decided to sell off their entire stakes at the end of the second quarter. Interestingly, Glenn Russell Dubin’s Highbridge Capital Management cut the biggest position of the “upper crust” of funds we watch, comprising an estimated $1 million in stock. Matthew Tewksbury’s fund, Stevens Capital Management, also cut its stock, about $0.2 million worth. These bearish behaviors are intriguing to say the least, as aggregate hedge fund interest stayed the same (this is a bearish signal in our experience).

How are insiders trading Entropic Communications, Inc. (NASDAQ:ENTR)?

Insider buying is best served when the company we’re looking at has experienced transactions within the past half-year. Over the last half-year time period, Entropic Communications, Inc. (NASDAQ:ENTR) has experienced zero unique insiders purchasing, and zero insider sales (see the details of insider trades here).

We’ll check out the relationship between both of these indicators in other stocks similar to Entropic Communications, Inc. (NASDAQ:ENTR). These stocks are M/A-COM Technology Solutions Holdings (NASDAQ:MTSI), Kopin Corporation (NASDAQ:KOPN), FormFactor, Inc. (NASDAQ:FORM), Inphi Corporation (NYSE:IPHI), and Silicon Image, Inc. (NASDAQ:SIMG). This group of stocks belong to the semiconductor – broad line industry and their market caps are similar to ENTR’s market cap.

Page 1 of 2

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

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 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!