Swisher Hygiene, Inc. (SWSH), Carbonite Inc (CARB): Do Hedge Funds and Insiders Love Lionbridge Technologies, Inc. (LIOX)?

Page 1 of 2

Is Lionbridge Technologies, Inc. (NASDAQ:LIOX) a safe investment now? The smart money is betting on the stock. The number of bullish hedge fund positions inched up by 2 recently.

Lionbridge Technologies, Inc. (NASDAQ:LIOX)In today’s marketplace, there are tons of gauges investors can use to analyze their holdings. Some of the most underrated are hedge fund and insider trading interest. At Insider Monkey, our studies have shown that, historically, those who follow the best picks of the elite money managers can outperform their index-focused peers by a superb amount (see just how much).

Equally as integral, positive insider trading sentiment is another way to parse down the stock market universe. There are a variety of incentives for an insider to downsize shares of his or her company, but just one, very clear reason why they would behave bullishly. Many academic studies have demonstrated the market-beating potential of this tactic if investors know what to do (learn more here).

With these “truths” under our belt, we’re going to take a gander at the recent action surrounding Lionbridge Technologies, Inc. (NASDAQ:LIOX).

How are hedge funds trading Lionbridge Technologies, Inc. (NASDAQ:LIOX)?

In preparation for this year, a total of 11 of the hedge funds we track were bullish in this stock, a change of 22% from one quarter earlier. With hedge funds’ sentiment swirling, there exists an “upper tier” of notable hedge fund managers who were boosting their stakes significantly.

When looking at the hedgies we track, Glenhill Advisors, managed by Glenn J. Krevlin, holds the biggest position in Lionbridge Technologies, Inc. (NASDAQ:LIOX). Glenhill Advisors has a $22 million position in the stock, comprising 3.8% of its 13F portfolio. Sitting at the No. 2 spot is Israel Englander of Millennium Management, with a $1 million position; the fund has 0% of its 13F portfolio invested in the stock. Remaining hedge funds that hold long positions include Robert B. Gillam’s McKinley Capital Management, Joel Greenblatt’s Gotham Asset Management and Jim Simons’s Renaissance Technologies.

As aggregate interest increased, key hedge funds were breaking ground themselves. McKinley Capital Management, managed by Robert B. Gillam, assembled the most outsized position in Lionbridge Technologies, Inc. (NASDAQ:LIOX). McKinley Capital Management had 1 million invested in the company at the end of the quarter. Joel Greenblatt’s Gotham Asset Management also initiated a $1 million position during the quarter. The other funds with brand new LIOX positions are Peter Algert and Kevin Coldiron’s Algert Coldiron Investors, Neil Chriss’s Hutchin Hill Capital, and Steven Cohen’s SAC Capital Advisors.

Insider trading activity in Lionbridge Technologies, Inc. (NASDAQ:LIOX)

Insider buying is most useful when the company in focus has seen transactions within the past 180 days. Over the last half-year time period, Lionbridge Technologies, Inc. (NASDAQ:LIOX) has experienced zero unique insiders buying, and 1 insider sales (see the details of insider trades here).

Let’s also examine hedge fund and insider activity in other stocks similar to Lionbridge Technologies, Inc. (NASDAQ:LIOX). These stocks are PRGX Global Inc (NASDAQ:PRGX), Limelight Networks, Inc. (NASDAQ:LLNW), Swisher Hygiene, Inc. (NASDAQ:SWSH), Carbonite Inc (NASDAQ:CARB), and PowerSecure International, Inc. (NASDAQ:POWR). This group of stocks are the members of the business services industry and their market caps are similar to LIOX’s market cap.

Page 1 of 2
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!