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.

Cash America International, Inc. (CSH): Hedge Funds Are Bullish and Insiders Are Undecided, What Should You Do?

Should Cash America International, Inc. (NYSE:CSH) investors track the following data?

To the average investor, there are plenty of metrics market participants can use to track publicly traded companies. A pair of the most underrated are hedge fund and insider trading sentiment. At Insider Monkey, our studies have shown that, historically, those who follow the top picks of the elite hedge fund managers can trounce their index-focused peers by a solid amount (see just how much).

Equally as key, bullish insider trading activity is another way to analyze the marketplace. Obviously, there are plenty of stimuli for an executive to drop shares of his or her company, but just one, very clear reason why they would initiate a purchase. Several academic studies have demonstrated the impressive potential of this tactic if piggybackers know where to look (learn more here).

Keeping this in mind, we’re going to examine the latest info surrounding Cash America International, Inc. (NYSE:CSH).

Cash America International, Inc. (NYSE:CSH)

How have hedgies been trading Cash America International, Inc. (NYSE:CSH)?

At Q2’s end, a total of 14 of the hedge funds we track were bullish in this stock, a change of 27% from the previous quarter. With hedge funds’ capital changing hands, there exists a few notable hedge fund managers who were upping their holdings substantially.

When using filings from the hedgies we track, Park West Asset Management, managed by Peter S. Park, holds the most valuable position in Cash America International, Inc. (NYSE:CSH). Park West Asset Management has a $43.1 million position in the stock, comprising 5.1% of its 13F portfolio. On Park West Asset Management’s heels is Amy Minella of Cardinal Capital, with a $41.8 million position; 2.7% of its 13F portfolio is allocated to the company. Other hedge funds with similar optimism include Jim Simons’s Renaissance Technologies, Jay Petschek and Steven Major’s Corsair Capital Management and Ken Griffin’s Citadel Investment Group.

Now, particular hedge funds have jumped into Cash America International, Inc. (NYSE:CSH) headfirst. Park West Asset Management, managed by Peter S. Park, initiated the largest position in Cash America International, Inc. (NYSE:CSH). Park West Asset Management had 43.1 million invested in the company at the end of the quarter. Amy Minella’s Cardinal Capital also initiated a $41.8 million position during the quarter. The following funds were also among the new CSH investors: Jim Simons’s Renaissance Technologies, Jay Petschek and Steven Major’s Corsair Capital Management, and Ken Griffin’s Citadel Investment Group.

How have insiders been trading Cash America International, Inc. (NYSE:CSH)?

Legal insider trading, particularly when it’s bullish, is at its handiest when the company in question has experienced transactions within the past half-year. Over the latest half-year time period, Cash America International, Inc. (NYSE:CSH) has experienced 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 Cash America International, Inc. (NYSE:CSH). These stocks are World Acceptance Corp. (NASDAQ:WRLD), CapitalSource, Inc. (NYSE:CSE), PHH Corporation (NYSE:PHH), First Cash Financial Services, Inc. (NASDAQ:FCFS), and Nelnet, Inc. (NYSE:NNI). This group of stocks are the members of the credit services industry and their market caps are similar to CSH’s market cap.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.