Tibco Software Inc. (NASDAQ:TIBX): Hedge Funds and Insiders Are Bearish, What Should You Do?

Tibco Software Inc. (NASDAQ:TIBX) was in 27 hedge funds’ portfolio at the end of December. TIBX shareholders have witnessed a decrease in enthusiasm from smart money recently. There were 31 hedge funds in our database with TIBX holdings at the end of the previous quarter.

Tibco Software Inc. (NASDAQ:TIBX)

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Now, let’s take a gander at the latest action regarding Tibco Software Inc. (NASDAQ:TIBX).

What does the smart money think about Tibco Software Inc. (NASDAQ:TIBX)?

At year’s end, a total of 27 of the hedge funds we track were long in this stock, a change of -13% from the previous quarter. With the smart money’s positions undergoing their usual ebb and flow, there exists an “upper tier” of key hedge fund managers who were boosting their holdings meaningfully.

Of the funds we track, Panayotis æTakisÆ Sparaggis’s Alkeon Capital Management had the most valuable position in Tibco Software Inc. (NASDAQ:TIBX), worth close to $88 million, accounting for 2.6% of its total 13F portfolio. Sitting at the No. 2 spot is Viking Global, managed by Andreas Halvorsen, which held a $57 million position; the fund has 0.4% of its 13F portfolio invested in the stock. Other peers with similar optimism include Jim Simons’s Renaissance Technologies, Steven Cohen’s SAC Capital Advisors and Stuart Peterson’s Artis Capital Management.

Judging by the fact that Tibco Software Inc. (NASDAQ:TIBX) has witnessed declining sentiment from the entirety of the hedge funds we track, it’s easy to see that there is a sect of funds that elected to cut their entire stakes last quarter. Intriguingly, Noam Gottesman’s GLG Partners dropped the largest position of all the hedgies we track, totaling close to $21 million in stock.. John Kleinheinz’s fund, Kleinheinz Capital Partners, also dropped its stock, about $12 million worth. These bearish behaviors are interesting, as aggregate hedge fund interest fell by 4 funds last quarter.

What do corporate executives and insiders think about Tibco Software Inc. (NASDAQ:TIBX)?

Insider trading activity, especially when it’s bullish, is particularly usable when the primary stock in question has experienced transactions within the past six months. Over the last six-month time period, Tibco Software Inc. (NASDAQ:TIBX) has experienced zero unique insiders purchasing, and 8 insider sales (see the details of insider trades here).

With the returns shown by our research, everyday investors should always pay attention to hedge fund and insider trading activity, and Tibco Software Inc. (NASDAQ:TIBX) applies perfectly to this mantra.

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