Is ZipRealty, Inc. (NASDAQ:ZIPR) a safe investment today? Investors who are in the know are selling. The number of long hedge fund bets stayed the same which is a slightly negative development in our experience
In today’s marketplace, there are a multitude of metrics shareholders can use to watch Mr. Market. Some of the most underrated are hedge fund and insider trading sentiment. At Insider Monkey, our research analyses have shown that, historically, those who follow the top picks of the best fund managers can trounce the S&P 500 by a very impressive amount (see just how much).
Just as important, bullish insider trading sentiment is a second way to parse down the stock market universe. Obviously, there are a variety of incentives for a bullish insider to cut shares of his or her company, but just one, very simple reason why they would buy. Several empirical studies have demonstrated the valuable potential of this method if you know what to do (learn more here).
With all of this in mind, we’re going to take a glance at the latest action encompassing ZipRealty, Inc. (NASDAQ:ZIPR).
What have hedge funds been doing with ZipRealty, Inc. (NASDAQ:ZIPR)?
At the end of the first quarter, a total of 4 of the hedge funds we track were bullish in this stock, a change of 0% from one quarter earlier.
How are insiders trading ZipRealty, Inc. (NASDAQ:ZIPR)?
Bullish insider trading is best served when the company in question has experienced transactions within the past 180 days. Over the latest six-month time frame, ZipRealty, Inc. (NASDAQ:ZIPR) has experienced 1 unique insiders buying, and 2 insider sales (see the details of insider trades here).
With the results exhibited by our time-tested strategies, retail investors should always monitor hedge fund and insider trading activity, and ZipRealty, Inc. (NASDAQ:ZIPR) applies perfectly to this mantra.