How Jamba, Inc. (JMBA) Stacks Up Against Its Peers

Since Jamba, Inc. (NASDAQ:JMBA) has gone through declining sentiment from the smart money, we can see that there lies a certain “tier” of money managers that elected to cut their entire stakes heading into Q4. At the top of the heap, David Kowitz and Sheldon Kasowitz’s Indus Capital cut the largest position of the “upper crust” of funds watched by Insider Monkey, worth close to $0.9 million in call options. Matthew Hulsizer’s fund, PEAK6 Capital Management, also cut its stock, about $0.3 million worth.

Let’s now review hedge fund activity in other stocks similar to Jamba, Inc. (NASDAQ:JMBA). These stocks are Maxwell Technologies Inc. (NASDAQ:MXWL), Premier Financial Bancorp, Inc. (NASDAQ:PFBI), Advanced Emissions Solutions, Inc. (NASDAQ:ADES), and Westmoreland Coal Company (NASDAQ:WLB). This group of stocks’ market valuations are closest to JMBA’s market valuation.

As you can see these stocks had an average of 8 hedge funds with bullish positions and the average amount invested in these stocks was $28 million. That figure was $56 million in JMBA’s case. Westmoreland Coal Company (NASDAQ:WLB) is the most popular stock in this table. On the other hand Maxwell Technologies Inc. (NASDAQ:MXWL) is the least popular one with only 4 bullish hedge fund positions. Jamba, Inc. (NASDAQ:JMBA) is not the least popular stock in this group but hedge fund interest is still below average. This is a slightly negative signal and we’d rather spend our time researching stocks that hedge funds are piling on. In this regard WLB might be a better candidate to consider taking a long position in.

Disclosure: None