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Archive for the “WhaleIndex” Category

Funds and Analysts Have Become More Bullish on Etsy

Posted on October 8th, 2019 by daniel

Etsy Inc. (ETSY) has risen by just over 19.3% in 2019, slightly ahead of the S&P 500’s gain of 17.8%. But the stock fell sharply in the second quarter, after reporting better than expected earnings on weaker than forecast revenue. It appears that the pullback in the equity was used as an opportunity by hedge funds to pick up the stock.

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The Coke Trade is En Vogue Among Hedge Fund Investors

Posted on September 3rd, 2019 by daniel

Coca Cola Co. (KO) seems like a strange stock to be hot among hedge fund investors. However, that is exactly what Coke was during the second quarter. The stock has risen by more than 16% in 2019 and is keeping pace with the S&P 500, which has increased by about 16.5%.

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Investors Are Attracted to Zillow’s Massive Revenue Growth

Posted on August 5th, 2019 by daniel

Zillow Group Inc. (Z) will report results on August 7. Analysts are forecasting Zillow to have seen significant revenue growth during its second quarter. Currently, revenue estimates are for $586 million, 80% greater than the same period a year ago. The significant increase in revenue isn’t expected to translate into earnings growth, with the company forecasted to lose $0.22 in the second quarter.

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Starboard Value Wins Big with Symantec

Posted on July 8th, 2019 by daniel

Symantec Corp.’s (SYMC) stock rose by over 18% the week of July 1, after Broadcom Inc. (AVGO) said it would buy the software company for $15.5 billion. This was Broadcom’s second big purchase of a software company in the past year. The biggest winner in all of this may have been Starboard Value LP. Symantec […]

Hedge Funds Have Been Actively Buying Snap’s Stock

Posted on June 10th, 2019 by daniel

Snap Inc. (SNAP) may be the comeback story of 2019, with the stock up more than 150% thus far. Hedge funds were buying Snap aggressively in the first quarter as the shares were rising off their December lows.  Even since the end of the first quarter, the stock has continued to rise, and it may […]

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