This Metric Says You Are Smart to Buy Cameron International Corporation (CAM)

Page 1 of 2

In today’s marketplace, there are a multitude of indicators investors can use to monitor publicly traded companies. A duo of the most underrated are hedge fund and insider trading interest. At Insider Monkey, our studies have shown that, historically, those who follow the top picks of the elite money managers can outclass the broader indices by a very impressive margin (see just how much).

Just as necessary, positive insider trading activity is a second way to look at the financial markets. As the old adage goes: there are a variety of motivations for a corporate insider to cut shares of his or her company, but only one, very clear reason why they would initiate a purchase. Plenty of empirical studies have demonstrated the impressive potential of this strategy if investors know where to look (learn more here).

Cameron International Corporation

Furthermore, it’s important to analyze the newest info about Cameron International Corporation (NYSE:CAM).

What have hedge funds been doing with Cameron International Corporation (NYSE:CAM)?

At Q2′s end, a total of 33 of the hedge funds we track were long in this stock, a change of 6% from the first quarter. With hedgies’ positions undergoing their usual ebb and flow, there exists a select group of key hedge fund managers who were increasing their stakes meaningfully.

Out of the hedge funds we follow, Steven Richman’s East Side Capital (RR Partners) had the most valuable position in Cameron International Corporation (NYSE:CAM), worth close to $183 million, comprising 8.9% of its total 13F portfolio. Sitting at the No. 2 spot is Lee Ainslie of Maverick Capital, with a $110.2 million position; the fund has 1.5% of its 13F portfolio invested in the stock. Other hedgies that hold long positions include Ken Griffin’s Citadel Investment Group, David Stemerman’s Conatus Capital Management and Martin D. Sass’s MD Sass.

Now, specific money managers were breaking ground themselves. East Side Capital (RR Partners), managed by Steven Richman, created the most valuable position in Cameron International Corporation (NYSE:CAM). East Side Capital (RR Partners) had 183 million invested in the company at the end of the quarter. Lee Ainslie’s Maverick Capital also made a $110.2 million investment in the stock during the quarter. The following funds were also among the new CAM investors: Ken Griffin’s Citadel Investment Group, David Stemerman’s Conatus Capital Management, and Martin D. Sass’s MD Sass.

How are insiders trading Cameron International Corporation (NYSE:CAM)?

Legal insider trading, particularly when it’s bullish, is most useful when the company in focus has seen transactions within the past 180 days. Over the last 180-day time frame, Cameron International Corporation (NYSE:CAM) has seen zero unique insiders buying, and 5 insider sales (see the details of insider trades here).

We’ll also review the relationship between both of these indicators in other stocks similar to Cameron International Corporation (NYSE:CAM). These stocks are Oceaneering International (NYSE:OII), National-Oilwell Varco, Inc. (NYSE:NOV), Weatherford International Ltd (NYSE:WFT), Baker Hughes Incorporated (NYSE:BHI), and FMC Technologies, Inc. (NYSE:FTI). This group of stocks belong to the oil & gas equipment & services industry and their market caps are closest to CAM’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

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

6 Ways to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

The Most Heartwarming and Inspirational Story Of This Halloween Season, It Will Make You Cry and Jump For Joy

10 Best Party Songs of All Time to Bring the House Down With

5 New World Order Conspiracy Theories that Will Strangle the World

The 10 Highest Rated Movies of 2014

The 10 Largest Container Shipping Companies in the World

The 10 Largest Armies in the World: Who Should We Be Afraid Of?

Best Warren Buffett Quotes on Money You Need to Hear

The 10 Highest Suicide Rates by Profession

The 20 Most Underrated Movies of All Time

The 10 Fastest Growing Companies in America

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!