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.

Steven Cohen, SAC Capital Add To Their Stake in The Fresh Market Inc (TFM)

Steven Cohen and SAC Capital have raised their position in The Fresh Market Inc (NASDAQ:TFM). According to a new filing, Mr. Cohen owns over 2.4 million shares of the company, which represent  5.1% of the common stock, while SAC holds 778,950 shares out of this amount. In the latest 13F, SAC revealed holding just around 6,300 shares of the company. The holding owned by Mr. Cohen has a value of $96.7 million, at the current share price of the company.


The stock of The Fresh Market Inc (NASDAQ:TFM), has declined by almost 18% since the beginning of the year, sporting a P/E of around 27.6. The company reported a 13.4% on the year growth in its net sales, which totaled $364.5 million in the third quarter. The net income also went up to $11.1 million, from $10.9 million a year ago.

In the latest round of 13F filings, several hedge funds disclosed holding shares of The Fresh Market Inc (NASDAQ:TFM). As follows, Millennium Management, led by Israel Englander, held around 1.2 million shares at the end of September, worth $55.8 million. Mariko Gordon’s Daruma Asset Management and Jim Simons’ Renaissance Technologies, disclosed $45.2 million, and $20.5 million stakes, which contained 956,104 shares, and 433,300 shares respectively.

Among the recent moves made by Steve Cohen and SAC, we can mention their new stake in Tile Shop Holdings, Inc. (NASDAQ:TTS), which amasses 5.0% of the common stock. Also, they have reported holding around 1.84 million shares of Clearwater Paper Corp (NYSE:CLW), SAC previously disclosing 1.79 million shares in its latest 13F.

In the latest 13F SAC revealed significantly boosting its position in Yahoo! Inc. (NASDAQ:YHOO), by 764%. SAC currently owns 7.5 million Yahoo! shares with a reported value of 251 million. The fund’s second biggest position is Micron Technology, Inc. (NASDAQ:MU), in which it owns 12 million shares valued at $212 million.

Disclosure: none

Recommended Reading:

Barry Rosenstein, Jana Partners, Slightly Trim Their Position in Safeway Inc. (SWY)

Royce & Associates Discloses Moves in Saga Communications, Inc. (SGA), Anaren, Inc. (ANEN) & Others

PRIMECAP Management Reveals New Position in Ellie Mae Inc (ELLI)

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!