Viropharma Inc (NASDAQ:VPHM): Are Hedge Funds Right About This Stock?

Viropharma Inc (NASDAQ:VPHM) has experienced an increase in support from the world’s most elite money managers recently.

To the average investor, there are many indicators shareholders can use to monitor publicly traded companies. A duo of the most useful are hedge fund and insider trading interest. At Insider Monkey, our research analyses have shown that, historically, those who follow the best picks of the top fund managers can outpace the S&P 500 by a significant amount (see just how much).

Viropharma Inc (NASDAQ:VPHM)Equally as important, bullish insider trading sentiment is another way to parse down the marketplace. Just as you’d expect, there are many incentives for an upper level exec to sell shares of his or her company, but only one, very obvious reason why they would initiate a purchase. Several academic studies have demonstrated the impressive potential of this method if shareholders know what to do (learn more here).

With these “truths” under our belt, we’re going to take a glance at the key action surrounding Viropharma Inc (NASDAQ:VPHM).

Hedge fund activity in Viropharma Inc (NASDAQ:VPHM)

Heading into 2013, a total of 20 of the hedge funds we track were long in this stock, a change of 11% from one quarter earlier. With hedgies’ sentiment swirling, there exists a few noteworthy hedge fund managers who were increasing their holdings meaningfully.

Of the funds we track, Julian Baker and Felix Baker’s Baker Bros. Advisors had the most valuable position in Viropharma Inc (NASDAQ:VPHM), worth close to $205 million, accounting for 5.4% of its total 13F portfolio. Coming in second is William Leland Edwards of Palo Alto Investors, with a $87 million position; 0.1% of its 13F portfolio is allocated to the company. Other hedgies that hold long positions include Israel Englander’s Millennium Management, Ken Griffin’s Citadel Investment Group and Sean Cullinan’s Point State Capital.

Consequently, key money managers were leading the bulls’ herd. Columbus Circle Investors, managed by Donald Chiboucis, created the biggest position in Viropharma Inc (NASDAQ:VPHM). Columbus Circle Investors had 10 million invested in the company at the end of the quarter. Jim Simons’s Renaissance Technologies also initiated a $6 million position during the quarter. The other funds with new positions in the stock are Mike Vranos’s Ellington, Charles Davidson’s Wexford Capital, and David Harding’s Winton Capital Management.

What do corporate executives and insiders think about Viropharma Inc (NASDAQ:VPHM)?

Insider buying is best served when the company we’re looking at has experienced transactions within the past 180 days. Over the latest half-year time frame, Viropharma Inc (NASDAQ:VPHM) has experienced 1 unique insiders purchasing, and 5 insider sales (see the details of insider trades here).

With the results exhibited by the aforementioned tactics, retail investors must always keep an eye on hedge fund and insider trading sentiment, and Viropharma Inc (NASDAQ:VPHM) applies perfectly to this mantra.

Click here to learn more about Insider Monkey’s Hedge Fund Newsletter

Insider Monkey’s small-cap strategy returned 29.2% between September 2012 and February 2013 versus 8.7% for the S&P 500 index. Try it now by clicking the link above.

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 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

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

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

Top 6 Cities For The Ultra Rich to Live in Comfort

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How 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

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!