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.

This Metric Says You Are Smart to Buy Group Inc (WWWW)

Is Group Inc (NASDAQ:WWWW) worth watching?

In today’s marketplace, there are a multitude of gauges investors can use to watch the equity markets. 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 top investment managers can outclass the S&P 500 by a significant margin (see just how much). Group Inc (NASDAQ:WWWW)

Just as key, positive insider trading activity is another way to look at the world of equities. There are plenty of incentives for a corporate insider to downsize shares of his or her company, but just one, very simple reason why they would behave bullishly. Plenty of academic studies have demonstrated the impressive potential of this method if shareholders understand where to look (learn more here).

Thus, we’re going to examine the latest info surrounding Group Inc (NASDAQ:WWWW).

How have hedgies been trading Group Inc (NASDAQ:WWWW)?

At Q2’s end, a total of 11 of the hedge funds we track were long in this stock, a change of 10% from one quarter earlier. With the smart money’s positions undergoing their usual ebb and flow, there exists a few key hedge fund managers who were boosting their holdings substantially.

Out of the hedge funds we follow, Craig C. Albert’s Sheffield Asset Management had the largest position in Group Inc (NASDAQ:WWWW), worth close to $20.5 million, accounting for 4.3% of its total 13F portfolio. Coming in second is Shannon River Fund Management, managed by Spencer M. Waxman, which held a $11 million position; 1.3% of its 13F portfolio is allocated to the company. Other hedge funds with similar optimism include Peter A. Wright’s P.A.W. CAPITAL PARTNERS, D. E. Shaw’s D E Shaw and Phil Frohlich’s Prescott Group Capital Management.

As aggregate interest spiked, specific money managers were leading the bulls’ herd. Sheffield Asset Management, managed by Craig C. Albert, created the most valuable position in Group Inc (NASDAQ:WWWW). Sheffield Asset Management had 20.5 million invested in the company at the end of the quarter. Spencer M. Waxman’s Shannon River Fund Management also initiated a $11 million position during the quarter. The following funds were also among the new WWWW investors: Peter A. Wright’s P.A.W. CAPITAL PARTNERS, D. E. Shaw’s D E Shaw, and Phil Frohlich’s Prescott Group Capital Management.

How are insiders trading Group Inc (NASDAQ:WWWW)?

Legal insider trading, particularly when it’s bullish, is at its handiest when the company in focus has seen transactions within the past six months. Over the latest 180-day time period, Group Inc (NASDAQ:WWWW) has experienced zero unique insiders buying, and zero insider sales (see the details of insider trades here).

We’ll go over the relationship between both of these indicators in other stocks similar to Group Inc (NASDAQ:WWWW). These stocks are SouFun Holdings Limited (ADR) (NYSE:SFUN), OpenTable Inc (NASDAQ:OPEN), Bankrate Inc (NYSE:RATE), HealthStream, Inc. (NASDAQ:HSTM), and Blucora Inc (NASDAQ:BCOR). This group of stocks are the members of the internet information providers industry and their market caps are closest to WWWW’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.