According to
GuruFocus updates
, these stocks have declined the most since Gurus have bought.
Universal Display Corporation (
PANL
): Down 24% Since
Ronald Muhlenkamp
Bought in the Quarter Ended on 2012-09-30
Ronald Muhlenkamp
initiated holdings in Electronic Equipment company Universal
Display Corporation during the quarter ended 09/30/2012. His
purchase prices were between $30.76 and $43.58, with an estimated
average price of $37.15. Since then the prices of Universal
Display Corporation shares have declined by 24% from the
estimated average.
Ronald Muhlenkamp
owned 22,295 shares of as of 09/30/2012.
Universal Display Corporation was organized under the laws of the
Commonwealth of Pennsylvania in 1985. Universal Display
Corporation has a market cap of $1.31 billion; its shares were
traded at around $28.17 with a P/E ratio of 166.9 and P/S ratio
of 20.3.
Ronald Muhlenkamp bought 22,295 shares in the quarter that ended
on 09/30/2012, which is 0.16% of the $472 million portfolio of
Muhlenkamp Fund. John Burbank bought 39,400 shares in the quarter
that ended on 09/30/2012, which is 0.062% of the $2.19 billion
portfolio of Passport Capital.
Executive Vice President and CFO Sidney D. Rosenblatt sold 21,652
shares of PANL stock on 09/14/2012 at the average price of
$43.75. Sidney D. Rosenblatt owns at least 480,886 shares after
this. The price of the stock has decreased by 35.61% since. There
are mixed trades from other insiders.
Theravance Inc. (
THRX
): Down 22% Since Jeremy Grantham Bought in the Quarter Ended on
2012-09-30
Jeremy Grantham initiated holdings in Pharmaceuticals company
Theravance Inc. during the quarter ended 09/30/2012. His purchase
prices were between $23.42 and $31.7, with an estimated average
price of $27.3. Since then the prices of Theravance Inc. shares
have declined by 22% from the estimated average. Jeremy Grantham
owned 26,800 shares of as of 09/30/2012.
Theravance Inc. was incorporated in Delaware in November 1996
under the name Advanced Medicine Inc. and began operations in May
1997. Theravance Inc. has a market cap of $2.11 billion; its
shares were traded at around $21.37 with and P/S ratio of 87.
THRX recently reported its financial results for the quarter
ended Sept. 30, 2012. Revenue for the third quarter of 2012 was
$1.4 million. Net loss for the third quarter of 2012 was $34.7
million or $0.37 per share. Cash, cash equivalents and marketable
securities totaled $362.4 million as of Sept. 30, 2012.
Seth Klarman owns 13,553,800 shares as of 09/30/2012, which
accounts for 10.8% of the $3.26 billion portfolio of The Baupost
Group. Jean-Marie Eveillard owns 464,010 shares as of 09/30/2012,
which accounts for 0.045% of the $27.01 billion portfolio of
First Eagle Investment Management LLC.
CEO Rick E. Winningham sold 75,749 shares of THRX stock on
08/03/2012 at the average price of $27.95. Rick E. Winningham
owns at least 591,258 shares after this. The price of the stock
has decreased by 23.54% since. Other insiders have also decreased
their positions in the company.
Zynga Inc. (
ZNGA
): Down 29% Since Paul Tudor Jones Bought in the Quarter Ended on
2012-09-30
Paul Tudor Jones added to his holdings in Gambling company Zynga
Inc. by 62.39% during the quarter ended 09/30/2012. His purchase
prices were between $2.71 and $5.57, with an estimated average
price of $3.67. Since then the prices of Zynga Inc. shares have
declined by -29% from the estimated average. Paul Tudor Jones
owned 649,578 shares of as of 09/30/2012.
Zynga Inc. originally organized in April 2007 as a California
limited liability company under the name Presidio Media LLC, and
it converted to a Delaware corporation in October 2007. Zynga
Inc. has a market cap of $2.06 billion; its shares were traded at
around $2.63 with a P/E ratio of 130.5 and P/S ratio of 1.8.
Zynga recently reported its third quarter 2012 financial results.
The company announced third quarter revenue of $317 million, up
3% year-over-year and nine months year-to-date revenue of $970
million, up 17% year-over-year.
John Burbank bought 1,033,717 shares in the quarter that ended on
09/30/2012, which is 0.13% of the $2.19 billion portfolio of
Passport Capital. Wilbur Ross owns 1,034,646 shares as of
09/30/2012, an increase of 22.54% from the previous quarter. This
position accounts for 0.26% of the $1.12 billion portfolio of
Invesco Private Capital. Robert Karr sold out his holdings in the
quarter that ended on 09/30/2012.
CFO David M. Wehner sold 73,727 shares of ZNGA stock on
11/05/2012 at the average price of $2.32. David M. Wehner owns at
least 365,031 shares after this. The price of the stock has
increased by 13.36% since. Other insiders have also decreased
their positions in the company.
Loral Space & Communications Inc. (
LORL
): Down 23% Since Jim Simons Bought in the Quarter Ended on
2012-09-30
Jim Simons added to his holdings in Telecommunications Equipment
company Loral Space & Communications Inc. by 296.53% during
the quarter ended 09/30/2012. His purchase prices were between
$66.95 and $76.37, with an estimated average price of $72.06.
Since then the prices of Loral Space & Communications Inc.
shares have declined by 23% from the estimated average. Jim
Simons owned 68,600 shares of as of 09/30/2012.
Loral Space & Communications Inc., together with its
subsidiaries, is a satellite communications company engaged in
satellite manufacturing with ownership interests in
satellite-based communications services. Loral Space &
Communications Inc. has a market cap of $1.71 billion; its shares
were traded at around $55.65 with and P/S ratio of 1.5.
George Soros owns 445,906 shares as of 09/30/2012, an increase of
15.9% from the previous quarter. This position accounts for 0.51%
of the $6.2 billion portfolio of Soros Fund Management LLC. Leon
Cooperman owns 606,400 shares as of 09/30/2012, which accounts
for 0.86% of the $4.99 billion portfolio of Omega Advisors. Mario
Gabelli owns 120,280 shares as of 09/30/2012, which accounts for
0.062% of the $13.78 billion portfolio of GAMCO Investors.
Amarin Corporation PLC (
AMRN
): Down 38% Since RS Investment Management Bought in the Quarter
Ended on 2012-09-30
RS Investment Management added to his holdings in pharmaceuticals
company Amarin Corporation PLC by 63.3% during the quarter ended
09/30/2012. His purchase prices were between $11.17 and $15.49,
with an estimated average price of $13.55. Since then the prices
of Amarin Corporation PLC shares have declined by 38% from the
estimated average. RS Investment Management owned 557,845 shares
of as of 09/30/2012.
Amarin Corporation PLC, formerly Ethical Holdings PLC, is a
public limited company incorporated under the laws of England and
Wales. Amarin Corporation PLC has a market cap of $1.26 billion;
its shares were traded at around $8.4.
AMRN recently reported its third quarter 2012 financial results.
Non-GAAP adjusted net loss was $39.4 million for the third
quarter of 2012 (basic and diluted loss per share of $0.26)
compared to a non-GAAP adjusted net loss of $11.0 million (basic
and diluted loss per share of $0.08) for the same period in the
prior year.About GuruFocus: GuruFocus.com tracks the stocks picks
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