In the financial world, there are tons of indicators market participants can use to watch stocks. Some of the most innovative are hedge fund and insider trading interest. At Insider Monkey, our studies have shown that, historically, those who follow the best picks of the best money managers can trounce their index-focused peers by a superb margin (see just how much).
Just as key, positive insider trading sentiment is a second way to analyze the investments you’re interested in. Obviously, there are many motivations for a corporate insider to cut shares of his or her company, but only one, very simple reason why they would behave bullishly. Many academic studies have demonstrated the useful potential of this tactic if piggybackers understand where to look (learn more here).
Furthermore, it’s important to analyze the latest info surrounding Post Properties Inc (NYSE:PPS).
What have hedge funds been doing with Post Properties Inc (NYSE:PPS)?
At the end of the second quarter, a total of 15 of the hedge funds we track held long positions in this stock, a change of 15% from the previous quarter. With the smart money’s sentiment swirling, there exists a few key hedge fund managers who were upping their stakes substantially.
As aggregate interest spiked, certain bigger names have jumped into Post Properties Inc (NYSE:PPS) headfirst. Carlson Capital, managed by Clint Carlson, assembled the most outsized position in Post Properties Inc (NYSE:PPS). Carlson Capital had 69.8 million invested in the company at the end of the quarter. Ken Griffin’s Citadel Investment Group also initiated a $50.9 million position during the quarter. The other funds with brand new PPS positions are John Khoury’s Long Pond Capital, Martin Whitman’s Third Avenue Management, and John Overdeck and David Siegel’s Two Sigma Advisors.
Insider trading activity in Post Properties Inc (NYSE:PPS)
Legal insider trading, particularly when it’s bullish, is at its handiest when the primary stock in question has experienced transactions within the past six months. Over the last six-month time period, Post Properties Inc (NYSE:PPS) has seen zero unique insiders purchasing, and zero insider sales (see the details of insider trades here).
We’ll also review the relationship between both of these indicators in other stocks similar to Post Properties Inc (NYSE:PPS). These stocks are CYS Investments Inc (NYSE:CYS), Equity Lifestyle Properties, Inc. (NYSE:ELS), Mid America Apartment Communities Inc (NYSE:MAA), Hatteras Financial Corp. (NYSE:HTS), and ARMOUR Residential REIT, Inc. (NYSE:ARR). This group of stocks are the members of the reit – residential industry and their market caps are similar to PPS’s market cap.
| Company Name | # of Hedge Funds | # of Insiders Buying | # of Insiders Selling |
| CYS Investments Inc (NYSE:CYS) | 11 | 0 | 0 |
| Equity Lifestyle Properties, Inc. (NYSE:ELS) | 13 | 0 | 0 |
| Mid America Apartment Communities Inc (NYSE:MAA) | 11 | 0 | 0 |
| Hatteras Financial Corp. (NYSE:HTS) | 7 | 0 | 0 |
| ARMOUR Residential REIT, Inc. (NYSE:ARR) | 11 | 0 | 0 |
Using the results demonstrated by Insider Monkey’s analyses, regular investors must always keep one eye on hedge fund and insider trading sentiment, and Post Properties Inc (NYSE:PPS) is an important part of this process.
