What Hedge Funds Think About Infinity Pharmaceuticals Inc. (INFI)

Page 1 of 2

In the financial world, there are many methods shareholders can use to track stocks. A couple of the most innovative are hedge fund and insider trading activity. At Insider Monkey, our research analyses have shown that, historically, those who follow the best picks of the best investment managers can beat the S&P 500 by a healthy margin (see just how much).

Just as key, optimistic insider trading sentiment is a second way to analyze the world of equities. As the old adage goes: there are many motivations for an upper level exec to drop shares of his or her company, but just one, very simple reason why they would initiate a purchase. Several academic studies have demonstrated the useful potential of this tactic if “monkeys” know where to look (learn more here).

Keeping this in mind, it’s important to examine the latest info surrounding Infinity Pharmaceuticals Inc. (NASDAQ:INFI).

How are hedge funds trading Infinity Pharmaceuticals Inc. (NASDAQ:INFI)?

Heading into Q3, a total of 20 of the hedge funds we track were bullish in this stock, a change of -9% from the previous quarter. With hedgies’ sentiment swirling, there exists a select group of noteworthy hedge fund managers who were increasing their stakes substantially.

Infinity Pharmaceuticals Inc. (NASDAQ:INFI)When using filings from the hedgies we track, OrbiMed Advisors, managed by Samuel Isaly, holds the most valuable position in Infinity Pharmaceuticals Inc. (NASDAQ:INFI). OrbiMed Advisors has a $73.2 million position in the stock, comprising 1.6% of its 13F portfolio. The second largest stake is held by James E. Flynn of Deerfield Management, with a $38.1 million position; 1.8% of its 13F portfolio is allocated to the stock. Some other hedge funds with similar optimism include Steven Cohen’s SAC Capital Advisors, Daniel Gold’s QVT Financial and Julian Baker and Felix Baker’s Baker Bros. Advisors.

As Infinity Pharmaceuticals Inc. (NASDAQ:INFI) has experienced bearish sentiment from the top-tier hedge fund industry, we can see that there exists a select few money managers that decided to sell off their entire stakes last quarter. It’s worth mentioning that Julian Baker and Felix Baker’s Baker Bros. Advisors dropped the biggest investment of the “upper crust” of funds we track, worth an estimated $57.1 million in stock. Jacob Gottlieb’s fund, Visium Asset Management, also cut its stock, about $20.2 million worth. These moves are intriguing to say the least, as aggregate hedge fund interest dropped by 2 funds last quarter.

Insider trading activity in Infinity Pharmaceuticals Inc. (NASDAQ:INFI)

Insider buying made by high-level executives is best served when the primary stock in question has experienced transactions within the past 180 days. Over the latest six-month time frame, Infinity Pharmaceuticals Inc. (NASDAQ:INFI) has seen zero unique insiders purchasing, and zero 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 Infinity Pharmaceuticals Inc. (NASDAQ:INFI). These stocks are Incyte Corporation (NASDAQ:INCY), Arena Pharmaceuticals, Inc. (NASDAQ:ARNA), Questcor Pharmaceuticals Inc (NASDAQ:QCOR), Charles River Laboratories (NYSE:CRL), and Theravance Inc (NASDAQ:THRX). This group of stocks belong to the biotechnology industry and their market caps match INFI’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

The 10 Biggest Airports in the World

The 5 Most Gang Infested Cities In America

The 34 Smartest Countries in the World

The 10 Countries with the Highest Suicide Rates

The 10 Most Technologically Advanced Countries in the World

The 10 Safest Countries in the World to Live in Peace

The 10 Top Selling Smartphones in the World 2014

The 12 Biggest Shopping Centers in the World

The 10 Friendliest Countries in the World

Qihoo 360 Technology Co Ltd (QIHU), Actavis plc (ACT), Yahoo! Inc. (YHOO) Among 20 Long Ideas from Sohn Canada

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

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

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!