According to
GuruFocus updates
, these stocks have declined the most since Gurus bought.
QLogic Corporation (
QLGC
): Down 25% Since
Joel Greenblatt
Bought in the Quarter Ended on 2012-06-30
Joel Greenblatt
added to his holdings in Computer Hardware company QLogic
Corporation by 84.89% during the quarter ended 06/30/2012. His
purchase prices were between $13.35 and $17.78, with an estimated
average price of $15.2. Since then the prices of QLogic
Corporation shares have declined by 25% from the estimated
average.
Joel Greenblatt
owned 302,549 shares of as of 06/30/2012.
QLogic Corporation simplifies the process of networking storage
for OEMs, resellers and system integrators with the only
end-to-end infrastructure in the industry, consisting of
award-winning controller chips, host bus adapters, network
switches and management software to move data from the storage
device through the fabric to the server. QLogic Corporation has a
market cap of $1.08 billion; its shares were traded at around
$11.42 with a P/E ratio of 10.67 and P/S ratio of 1.93. QLogic
Corporation had an annual average earnings growth of 8.7% over
the past 10 years. GuruFocus rated QLogic Corporation the
business predictability rank of 3-star.
QLogic recently reported its first quarter fiscal 2013 financial
results. Net revenue for the first quarter of fiscal 2013 was
$130.4 million compared to $144.5 million in the same quarter
last year.
John Rogers bought 11,284 shares in the quarter that ended on
06/30/2012, which is 0.0034% of the $4.5 billion portfolio of
Ariel Capital Management. Joel Greenblatt owns 302,549 shares as
of 06/30/2012, an increase of 84.89% from the previous quarter.
This position accounts for 0.3% of the $1.36 billion portfolio of
Gotham Capital.
Director George Wells sold 12,000 shares of QLGC stock on
09/10/2012 at the average price of $12.57. George Wells owns at
least 23,628 shares after this. The price of the stock has
decreased by 9.15% since. Other insiders have also decreased
their positions in the company.
Chipotle Mexican Grill Inc. (
CMG
): Down 23% Since Steven Cohen Bought in the Quarter Ended on
2012-06-30
Steven Cohen added to his holdings in Restaurants & bars
company Chipotle Mexican Grill Inc. by 348.68% during the quarter
ended 06/30/2012. His purchase prices were between $373.58 and
$438.3, with an estimated average price of $410.2. Since then the
prices of Chipotle Mexican Grill Inc. shares have declined by 23%
from the estimated average. Steven Cohen owned 13,052 shares of
as of 06/30/2012.
Chipotle offers a focused menu of burritos, tacos, burrito bowls
and salads made from fresh, high-quality raw ingredients,
prepared using classic cooking methods and served in a
distinctive atmosphere. Chipotle Mexican Grill Inc. has a market
cap of $10.06 billion; its shares were traded at around $317.54
with a P/E ratio of 38.54 and P/S ratio of 4.43. Chipotle Mexican
Grill Inc. had an annual average earnings growth of 33.2% over
the past five years.
David Einhorn owns 50,000 shares as of 06/30/2012, which accounts
for 0.3% of the $6.37 billion portfolio of Greenlight Capital.
Chipotle recently reported its second quarter 2012 financial
results. Revenue for the quarter was $690.9 million, up 20.9%
from the prior year period.
Co-CEO Montgomery F. Moran sold 11,348 shares of CMG stock on
04/10/2012 at the average price of $427.06. Montgomery F. Moran
owns at least 133,837 shares after this. The price of the stock
has decreased by 25.65% since. Other insiders have also decreased
their positions in the company.
Cypress Semiconductor Corporation (
CY
): Down 23% Since Jim Simons Bought in the Quarter Ended on
2012-06-30
Jim Simons added to his holdings in Semiconductors company
Cypress Semiconductor Corporation by 70.55% during the quarter
ended 06/30/2012. His purchase prices were between $12.38 and
$17.08, with an estimated average price of $13.85. Since then the
prices of Cypress Semiconductor Corporation shares have declined
by 23% from the estimated average. Jim Simons owned 2,179,600
shares of as of 06/30/2012.
Cypress Semiconductor Corporation designs, develops, manufactures
andmarkets a broad line of high-performance digital and
mixed-signal integrated circuits for a range of markets,
including data communications, telecommunications, computers, and
instrumentation systems. Cypress Semiconductor Corporation has a
market cap of $1.59 billion; its shares were traded at around
$10.71 with a P/E ratio of 25.49 and P/S ratio of 1.6. The
dividend yield of Cypress Semiconductor Corporation stocks is
4.11%.
Mario Gabelli owns 399,500 shares as of 06/30/2012, which
accounts for 0.04% of the $13.31 billion portfolio of GAMCO
Investors. Ronald Muhlenkamp owns 334,052 shares as of
06/30/2012, which accounts for 1% of the $429 million portfolio
of Muhlenkamp Fund. Richard Perry sold out his holdings in the
quarter that ended on 06/30/2012.
Director J. Donald Sherman bought 9,000 shares of CY stock on
08/16/2012 at the average price of 11.98. J. Donald Sherman owns
at least 59,647 shares after this. The price of the stock has
decreased by 10.6% since.
Telecom Argentina S.A. (
TEO
): Down 26% Since Steven Cohen Bought In the Quarter Ended on
2012-06-30
Steven Cohen initiated holdings in Fixed Line Telecommunications
company Telecom Argentina S.a. during the quarter ended
06/30/2012. His purchase prices were between $10.39 and $17.68,
with an estimated average price of $13.5. Since then the prices
of Telecom Argentina S.A. shares have declined by -26% from the
estimated average. Steven Cohen owned 30,599 shares of as of
06/30/2012.
Telecom Argentina holds a license to provide basic telephone
service and fixes telecommunications links in the northern region
of the Argentine Republic. Telecom Argentina S.A. has a market
cap of $1.97 billion; its shares were traded at around $10 with a
P/E ratio of 3.63 and P/S ratio of 0.5. The dividend yield of
Telecom Argentina S.A. stocks is 8.79%. Telecom Argentina S.A.
had an annual average earnings growth of 11.5% over the past five
years.
John Hussman owns 28,000 shares as of 06/30/2012, which accounts
for 0.0062% of the $5.32 billion portfolio of Hussman Economtrics
Advisors.
Alcatel Lucent SA (
ALU
): Down 34% Since John Burbank Bought in the Quarter Ended on
2012-06-30
John Burbank initiated holdings in Telecommunications Equipment
company Alcatel Lucent SA during the quarter ended 06/30/2012.
His purchase prices were between $1.45 and $2.37, with an
estimated average price of $1.68. Since then the prices of
Alcatel Lucent SA shares have declined by 34% from the estimated
average. John Burbank owned 18,864,400 shares of as of
06/30/2012.
Alcatel builds next generation networks, delivering integrated
end-to-end voice and data communications solutions to established
and new carriers, as well as enterprises and consumers worldwide.
Alcatel Lucent SA has a market cap of $2.56 billion; its shares
were traded at around $1.1 with a P/E ratio of 6.88 and P/S ratio
of 0.13.
Alcatel recently reported its second quarter 2012 financial
results. Second quarter revenue increased 10.6% sequentially and
decreased 7.1% year-over-year to Euro3,545 million.
John Burbank bought 18,864,400 shares in the quarter that ended
on 06/30/2012, which is 1% of the $2.95 billion portfolio of
Passport Capital. Charles Brandes sold out his holdings in the
quarter that ended on 06/30/2012.About GuruFocus: GuruFocus.com
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