Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) was in 7 hedge funds’ portfolio at the end of the fourth quarter of 2012. NGVC investors should pay attention to an increase in hedge fund interest lately. There were 6 hedge funds in our database with NGVC holdings at the end of the previous quarter.
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Now, we’re going to take a look at the recent action encompassing Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC).
What does the smart money think about Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC)?
Heading into 2013, a total of 7 of the hedge funds we track held long positions in this stock, a change of 17% from one quarter earlier. With the smart money’s sentiment swirling, there exists a select group of notable hedge fund managers who were upping their holdings substantially.
When looking at the hedgies we track, Donald Chiboucis’s Columbus Circle Investors had the largest position in Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC), worth close to $10.5 million, accounting for 0.1% of its total 13F portfolio. On Columbus Circle Investors’s heels is John Murphy of Alydar Capital, with a $8.2 million position; the fund has 0.6% of its 13F portfolio invested in the stock. Some other hedge funds that are bullish include John Brennan’s Sirios Capital Management, Israel Englander’s Millennium Management and Richard Driehaus’s Driehaus Capital.
Consequently, specific money managers have jumped into Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) headfirst. SAC Capital Advisors, managed by Steven Cohen, created the biggest position in Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC). SAC Capital Advisors had 1 million invested in the company at the end of the quarter.
What have insiders been doing with Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC)?
Insider purchases made by high-level executives is best served when the primary stock in question has seen transactions within the past six months. Over the latest half-year time period, Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) has experienced 1 unique insiders purchasing, and 2 insider sales (see the details of insider trades here).
Let’s also take a look at hedge fund and insider activity in other stocks similar to Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC). These stocks are Roundy’s Inc (NYSE:RNDY), Arden Group, Inc. (NASDAQ:ARDNA), Village Super Market, Inc. (NASDAQ:VLGEA), Core-Mark Holding Company, Inc. (NASDAQ:CORE), and Ingles Markets, Incorporated (NASDAQ:IMKTA). This group of stocks are the members of the grocery stores industry and their market caps are similar to NGVC’s market cap.
