Harley-Davidson, Inc. (HOG) Trades Higher: Is It A Good Buy Right Now?

Cantillon Capital Management holds the largest position in the Harley-Davidson, Inc. (NYSE:HOG) stock. Cantillon’s holding in Harley-Davidson, Inc. (NYSE:HOG) is worth around $380.2 million, which comprises of 7.4% of the hedge funds’ 13F portfolio. Mueffling’s hedge fund is followed by Robert Joseph Caruso’s Select Equity Group which holds $239.6 million position in the stock. This accounts for 2.2% of Caruso’s hedge fund’s 13F portfolio. Other hedge funds that have considerable amount of holding in the stock are Ken Griffin’s Citadel Investment Group, Israel Englander’s Millennium Management and Joel Greenblatt’s Gotham Asset Management.

But there are some hedge fund managers who opt to sell out their entire stake in the stock. Some notable hedge funds are Jim Simons’s Renaissance Technologies and Daniel Lascano’s  Lomas Capital Management, which had sold $24.9 million and $18.5 million worth of stock and said a big good bye to the stock. These bearish behaviors outweigh the bullish behaviors on the stock as a net of 15 funds completely dropped their interest in the stock.

Both the insider and hedge fund sentiment are strongly negative for the stock. Despite the fact that the stock had a positive move today, we don’t recommend to buy this stock at the moment.