Weekly Guru Bargains Highlights: SAVE, HNT, MRVL, PAY, HK

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According to GuruFocus updates , these stocks have declined the most since Gurus have bought.

Spirit Airlines Incorporated ( SAVE ): Down 21% Since Manning & Napier Advisors, Inc Bought In the Quarter Ended on 2012-06-30

Manning & Napier Advisors, Inc added to his holdings in Oil Equipment & Services company Spirit Airlines Incorporated by 447.95% during the quarter ended 06/30/2012. His purchase prices were between $17.94 and $23.9, with an estimated average price of $20.93. Since then the prices of Spirit Airlines Incorporated shares have declined by -21% from the estimated average. Manning & Napier Advisors, Inc owned 1,647,690 shares of as of 06/30/2012.

Spirit Airlines Inc. operates an airline based in Fort Lauderdale providing travel opportunity principally to and from South Florida, the Caribbean and Latin America. Spirit Airlines Incorporated has a market cap of $1.32 billion; its shares were traded at around $16.58 with a P/E ratio of 12.7 and P/S ratio of 1.2.

SAVE recently reported its second quarter 2012 financial results. Net income, excluding special items, for the second quarter 2012 increased 35.4 percent to $35.3 million, or $0.49 per diluted share, as compared to pro forma second quarter 2011 net income.1 GAAP net income for second quarter 2012 was $34.6 million, or $0.48 per diluted share.

Joel Greenblatt bought 158,046 shares in the quarter that ended on 06/30/2012, which is 0.23% of the $1.36 billion portfolio of Gotham Capital. PRIMECAP Management owns 57,000 shares as of 06/30/2012, an increase of 280% from the previous quarter. This position accounts for 0.0019% of the $59.94 billion portfolio of PRIMECAP Management. Robert Olstein owns 243,000 shares as of 06/30/2012, an increase of 50.65% from the previous quarter. This position accounts for 0.92% of the $511 million portfolio of Olstein All-Cap Value Fund.

Senior VP and COO Tony Lefebvre sold 8,000 shares of SAVE stock on 09/04/2012 at the average price of 19.2. Tony Lefebvre owns at least 47,211 shares after this. The price of the stock has decreased by 13.65% since. Other insiders have also decreased their positions in the company.

Health Net, Inc. ( HNT ): Down 24% Since First Pacific Advisors Bought In the Quarter Ended on 2012-06-30

First Pacific Advisors initiated holdings in Health Care Providers company Health Net, Inc. during the quarter ended 06/30/2012. His purchase prices were between $24.24 and $40.51, with an estimated average price of $29.82. Since then the prices of Health Net, Inc. shares have declined by -24% from the estimated average. First Pacific Advisors owned 508,000 shares of as of 06/30/2012.

Health Net, Inc. is an integrated managed care organization which administers the delivery of managed health care services. Health Net, Inc. has a market cap of $1.94 billion; its shares were traded at around $22.62 with a P/E ratio of 8.4 and P/S ratio of 0.2.

Health Net recently announced 2012 second quarter GAAP net income of $124.6 million, or $1.48 per diluted share, compared with $58.3 million, or $0.63 per diluted share, for the second quarter of 2011.

Jean-Marie Eveillard owns 1,518,760 shares as of 06/30/2012, which accounts for 0.14% of the $25.72 billion portfolio of First Eagle Investment Management, LLC. Edward Owens owns 3,663,458 shares as of 06/30/2012, which accounts for 0.42% of the $21.29 billion portfolio of Vanguard Health Care Fund. Richard Snow owns 1,639,003 shares as of 06/30/2012, which accounts for 2.2% of the $1.84 billion portfolio of Snow Capital Management, L.P..

Director Frederick C Yeager sold 550 shares of HNT stock on 05/23/2012 at the average price of 25.33. Frederick C Yeager owns at least 12,240 shares after this. The price of the stock has decreased by 10.7% since. Other insiders have also decreased their positions in the company.

Marvell Technology Group Ltd. ( MRVL ): Down 24% Since Steven Cohen Bought In the Quarter Ended on 2012-06-30

Steven Cohen added to his holdings in Semiconductors company Marvell Technology Group Ltd. by 3420.73% during the quarter ended 06/30/2012. His purchase prices were between $11.06 and $15.77, with an estimated average price of $13.52. Since then the prices of Marvell Technology Group Ltd. shares have declined by -24% from the estimated average. Steven Cohen owned 1,497,294 shares of as of 06/30/2012.

Marvell Technology is a designer, developer and supplier of mixed-signal and digital signal processing integrated circuit for high-speed, high-density, digital data storage and broadband digital data networking markets. Marvell Technology Group Ltd. has a market cap of $5.73 billion; its shares were traded at around $10.33 with a P/E ratio of 11.6 and P/S ratio of 1.7. The dividend yield of Marvell Technology Group Ltd. stocks is 2.4%. Marvell Technology Group Ltd. had an annual average earnings growth of 32.3% over the past 10 years. GuruFocus rated Marvell Technology Group Ltd. the business predictability rank of 2.5-star.

Marvell recently reported its second quarter 2013 financial results. Revenue for the second quarter of fiscal 2013 was $816 million, a 2 percent sequential increase from $796 millionin the first quarter of fiscal 2013, ended April 28, 2012, and a decrease of 9 percent from $898 million in the second quarter of fiscal 2012, ended July 30, 2011.

David Dreman owns 552,396 shares as of 06/30/2012, an increase of 165.58% from the previous quarter. This position accounts for 0.15% of the $4.28 billion portfolio of Dreman Value Management. David Einhorn owns 25,602,479 shares as of 06/30/2012, an increase of 39.35% from the previous quarter. This position accounts for 4.5% of the $6.37 billion portfolio of Greenlight Capital. Daniel Loeb sold out his holdings in the quarter that ended on 06/30/2012.

VP, Chief Technology Officer Pantas Sutardja, sold 41,668 shares of MRVL stock on 06/01/2012 at the average price of 12.05. Pantas Sutardja, owns at least 37,615,435 shares after this. The price of the stock has decreased by 14.27% since.

VeriFone Systems Inc ( PAY ): Down 27% Since Meridian Funds Bought In the Quarter Ended on 2012-06-30

Meridian Funds added to his holdings in Computer Hardware company Verifone Systems Inc by 40.59% during the quarter ended 06/30/2012. His purchase prices were between $30.33 and $54.84, with an estimated average price of $43.34. Since then the prices of VeriFone Systems Inc shares have declined by -27% from the estimated average. Meridian Funds owned 796,685 shares of as of 06/30/2012.

Verifone Holdings, Inc., a global leader in secure electronic payment technologies, provides expertise, solutions and services for today with a migration strategy for tomorrow. Verifone Systems Inc has a market cap of $3.75 bllion; its shares were traded at around $31.73 with a P/E ratio of 18.5 and P/S ratio of 2.9.

Verifone recently reported its third quarter 2012 financial results. Non-GAAP net income per diluted share for Q3 FY12 was $0.75, compared to $0.64 in the prior quarter and $0.49 for the three months ended July 31, 2011 ("Q3 FY11"), a 53% year-over-year increase. GAAP net income per diluted share for the latest quarter was $0.34, compared to $0.03 in the prior quarter and $0.28 in Q3 FY11.

Ken Fisher bought 376,550 shares in the quarter that ended on 06/30/2012, which is 0.037% of the $33.72 billion portfolio of Fisher Asset Management, LLC. Michael Price owns 185,000 shares as of 06/30/2012, an increase of 51.02% from the previous quarter. This position accounts for 0.88% of the $692 million portfolio of MFP Investors LLC. Meridian Funds owns 796,685 shares as of 06/30/2012, an increase of 40.59% from the previous quarter. This position accounts for 0.88% of the $3 billion portfolio of Meridian Fund.

CEO Douglas Bergeron bought 155,000 shares of PAY stock on 07/06/2012 at the average price of 32.5. Douglas Bergeron owns at least 664,375 shares after this. The price of the stock has decreased by 2.37% since.

Halcon Resources Corp ( HK ): Down 21% Since Louis Moore Bacon Bought In the Quarter Ended on 2012-06-30

Louis Moore Bacon initiated holdings in Exploration & Production company Halcon Resources Corp during the quarter ended 06/30/2012. His purchase prices were between $8.36 and $11, with an estimated average price of $9.67. Since then the prices of Halcon Resources Corp shares have declined by -21% from the estimated average. Louis Moore Bacon owned 986,602 shares of as of 06/30/2012.

Halcon Resources Corporation is an energy company engaged in the acquisition, exploration and development of onshore oil and natural gas properties in the United States. Halcon Resources Corp has a market cap of $1.63 billion; its shares were traded at around $7.66 with and P/S ratio of 15.7.

Director James W Christmas bought 100,000 shares of HK stock on 09/13/2012 at the average price of 7.24. James W Christmas owns at least 105,000 shares after this. The price of the stock has increased by 5.8% since. Other insiders have also increased their positions in the company.About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing

Referenced Stocks: HK , HNT , MRVL , PAY , SAVE

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