According to
GuruFocus updates
, these stocks have declined the most since Gurus have bought.
Fortinet, Inc. (
FTNT
): Down 22% Since
Paul Tudor Jones
Bought in the Quarter Ended on 9-30-2012
Paul Tudor Jones
added to his holdings in Electronic Equipment company Fortinet
Inc. by 136% during the quarter ended 9/30/2012. His purchase
prices were between $20.93 and $27.68, with an estimated average
price of $24.64. Since then the prices of Fortinet Inc. shares
have declined by -22% from the estimated average.
Paul Tudor Jones
owned 53,100 shares of as of 9/30/2012.
Fortinet Inc, was incorporated in Delaware in October 2000.
Fortinet Inc. has a market cap of $3.16 billion; its shares were
traded at around $19.71 with a P/E ratio of 54 and P/S ratio of
7.29.
FTNT recently reported its third quarter 2012 financial results.
Total revenue was $136.3 million for the third quarter of 2012,
an increase of 17% compared to $116.4 million in the same quarter
of 2011. Within total revenue, product revenue was $63 million,
an increase of 19% compared to the same quarter of 2011.
Vice President and CFO Kenneth A Goldman sold 6,000 shares of
FTNT stock on 9/04/2012 at the average price of $26.51. The price
of the stock has decreased by 25.65% since. Other insiders have
also decreased their positions in the company.
Vivus (
VVUS
): Down 54% Since Jeremy Grantham Bought in the Quarter Ended on
9-30-2012
Jeremy Grantham initiated holdings in Medical Equipment company
Vivus during the quarter ended 9/30/2012. His purchase prices
were between $17.81 and $29.93, with an estimated average price
of $23.45. Since then the prices of Vivus shares have declined by
-54% from the estimated average. Jeremy Grantham owned 14,600
shares of as of 9/30/2012.
Vivus was incorporated in 1991 as a California corporation and
reincorporated in 1996 as a Delaware corporation. Vivus has a
market cap of $1.13 billion; its shares were traded at around
$10.54 with and P/S ratio of 22.66.
Vivus recently reported its third quarter 2012 financial results.
Net loss for the first nine months of 2012 was $83.2 million, or
$0.85 per share, as compared to a loss of $34.7 million, or $0.42
per share, for the same period in 2011.
John Burbank owns 750,000 shares as of 9/30/2012, which accounts
for 0.61% of the $2.19 billion portfolio of Passport Capital.
John Burbank owns 7,377,969 shares as of 9/30/2012, which
accounts for 6% of the $2.19 billion portfolio of Passport
Capital. George Soros sold out his holdings in the quarter that
ended on 9/30/2012.
CEO Leland F. Wilson sold 100,000 shares of VVUS stock on
7/18/2012 at the average price of $30.36. Leland F. Wilson owns
at least 119,112 shares after this. The price of the stock has
decreased by 65.28% since. Other insiders have also decreased
their positions in the company.
Haemonetics Corp. (
HAE
): Down 46% Since Meridian Funds Bought in the Quarter Ended on
9-30-2012
Meridian Funds added to his holdings in Medical Equipment company
Haemonetics Corp. by 21.86% during the quarter ended 9/30/2012.
His purchase prices were between $68.61 and $81.4, with an
estimated average price of $74.40. Since then the prices of
Haemonetics Corporation shares have declined by -46% from the
estimated average. Meridian Funds owned 177,300 shares of as of
9/30/2012.
Haemonetics Corp. was founded in 1971 and incorporated in
Massachusetts in 1985. Haemonetics has a market cap of $2.08
billion; its shares were traded at around $40.26 with a P/E ratio
of 26.05 and P/S ratio of 2.85. Haemonetics had an annual average
earnings growth of 8.7% over the past 10 years. GuruFocus rated
Haemonetics Corp. the business predictability rank of 4-star.
Haemonetics recently announced its second quarter fiscal 2013
financial results. The company reported second quarter 2013 net
revenue of $218.2 million, up 22%, GAAP net income of $6.5
million, down 53%, and diluted earnings per share of $0.25, down
53%.
Meridian Funds owns 177,300 shares as of 9/30/2012, an increase
of 21.86% from the previous quarter. This position accounts for
0.51% of the $2.79 billion portfolio of Meridian Fund. Ken Fisher
owns 64,425 shares as of 9/30/2012, an increase of 14.99% from
the previous quarter. This position accounts for 0.014% of the
$36.13 billion portfolio of Fisher Asset Management, LLC. Third
Avenue Management owns 168,722 shares as of 9/30/2012, a decrease
of 49.31% of from the previous quarter. This position accounts
for 0.31% of the $4.4 billion portfolio of Third Avenue
Management.
President and CEO Brian Concannon sold 13,000 shares of HAE stock
on 12/03/2012 at the average price of 40.75. Brian Concannon owns
at least 116,286 shares after this. The price of the stock has
decreased by 1.2% since. Other insiders have also decreased their
positions in the company.
Pirelli & C (
PC
): Down 30% Since Steven Cohen Bought in the Quarter Ended on
9-30-2012
Steven Cohen added to his holdings in Consumer Electronics
company Panasonic Corp. by 24.91% during the quarter ended
9/30/2012. His purchase prices were between $6.19 and $8.05, with
an estimated average price of $7.08. Since then the prices of
Pirelli & C shares have declined by -30% from the estimated
average. Steven Cohen owned 13,547 shares of as of 9/30/2012.
Panasonic Corp. formerly known as Matsushita Electric Industrial
Co. Panasonic Corp. has a market cap of $11.47 billion; its
shares were traded at around $5.11 with and P/S ratio of 0.12.
The dividend yield of Panasonic Corp. stocks is 1.11%. Panasonic
Corporation had an annual average earnings growth of 3.3% over
the past 10 years.
Dodge & Cox owns 29,026,188 shares as of 9/30/2012, which
accounts for 0.25% of the $76.68 billion portfolio of Dodge &
Cox.
TIBCO Software Inc. (
TIBX
): Down 30% Since Steven Cohen Bought in the Quarter Ended on
9-30-2012
Steven Cohen added to his holdings in Software company TIBCO
Software Inc. by 557.68% during the quarter ended 9/30/2012. His
purchase prices were between $26.43 and $32.60, with an estimated
average price of $29.11. Since then the prices of TIBCO Software
Inc. shares have declined by -30% from the estimated average.
Steven Cohen owned 392,056 shares of as of 9/30/2012.
TIBCO Software Inc. is a Delaware Corp. It is an independent
provider of infrastructure software. Tibco Software Inc. has a
market cap of $4.1 billion; its shares were traded at around
$20.28 with a P/E ratio of 27.23 and P/S ratio of 4.45. Tibco
Software Inc. had an annual average earnings growth of 23.6% over
the past 5 years.
TIBX recently announced preliminary financial results for the
fourth quarter and fiscal year ended Nov. 30, 2012. For the
fourth quarter, TIBCO expects total revenue to be in the range of
$292 to $295 million. License revenue is expected to be in the
range of $135 to $136 million.
Ken Fisher owns 257,447 shares as of 9/30/2012, which accounts
for 0.022% of the $36.13 billion portfolio of Fisher Asset
Management, LLC. Private Capital owns 324,702 shares as of
9/30/2012, which accounts for 0.84% of the $1.17 billion
portfolio of Private Capital Management.
CEO Vivek Ranadive sold 542,000 shares of TIBX stock on
10/05/2012 at the average price of 29.01. Vivek Ranadive owns at
least 8,240,483 shares after this. The price of the stock has
decreased by 30.09% since.About GuruFocus: GuruFocus.com tracks
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