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.

Insider Trading: Bandera Partners Bought 20 Thousand Shares In Ambassadors Group $EPAX

Bandera Partners yesterday revealed its recent insider purchases of nearly 20 thousand shares in Ambassadors Group Inc. (EPAX). As reported in a regulatory filing, Bandera Partners made the purchases starting from December 15 at about $4.30 per share. After that the firm had 1.91 million shares in its position. Bandera Partners reported 11.37 million shares at the end of the third quarter, and had 1.88 million shares or 10.7% passive stake in the stock as of December 1st. So now the firm approximately takes 10.91% passive stake in EPAX. The stock is now trading at $4.57, down 61% year to date.

Ambassadors Group, Inc. (NASDAQ:EPAX)

There are some other hedge funds that also took positions in the stock. Lisa Rapuano’s Lane Five Capital recently also boosted its position in EPAX. The firm had 1.19 million shares in EPAX according to a filing on December 14. Jim Simons’ Renaissance Technologies was also bullish about EPAX. The firm increased its position by 13% to 628 thousand shares before October.

Bandera Partners was founded in 2006 by Gregory Bylinsky, Jefferson Gramm and Andrew Shpiz. The firm is located in New York City, NY. The firm reported a $176 thousand 13F portfolio in the third quarter, which was decreased by 8% from Q2. The firm primarily invested in Services, Healthcare, Consumer Goods, Financial, Technology sector.

Ambassadors Group Inc. is an educational company which focuses on global travel programs for students, athletes and professionals. The company operates BookRags, which is an online education oriented research site. The company also offers People to People Student/Sports Ambassador Programs, as well as Leadership Summit and World Leadership Forum.

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.