Barron's Activist Stocks 9-26-2009
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Created by barrons3
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Date updated:09-26-2009

Each week Barron's has a 13D Filings column. 13Ds are filed when a fund (usually an activist hedge fund) accumulates more than 5% of a firm and is planning on pushing for change (e.g.a sale of the company, sale of certain assets, a share buyback, or a share dividend) to unlock value.

symbol name last price % change open
  • +
  • HAFC
    Hanmi Financial C
  • $1.24
  • +5.08%
  • $1.20

Leading Investment & Securities, a Korean securities broker-dealer, owns 5,070,423 shares (9.9%), bought at $1.37 apiece in a Sept. 4 private placement. It has agreed to buy an additional 3,009,189 shares at $1.37 each, which will result in a total stake of 8,079,612 shares (14.9%).

People owning HAFC also tend to own: IBMORCLANFCOHESRXLLLLOW

TheStreet.com Rating: D What is this?

  • +
  • IMMR
    Immersion Corpora
  • $4.02
  • +1.26%
  • $4.02

Ramius Capital owns 1,640,000 shares (5.9%), for which it paid approximately $6.6 million, or $4.03 per share.

People owning IMMR also tend to own: AAPLBRK-BCHKEOGGLWTXNAIG

TheStreet.com Rating: D What is this?

  • +
  • PPM
    Investmnt Grade M
  • $13.74
  • +0.14%
  • $13.78

Western Investments raised its stake to 742,781 shares (7.2%), by purchasing 107,271 from July 28 to Sept. 11 at prices ranging from $12.87 to $13.82.

People owning PPM also tend to own: CWMAAWWHAFCIMMRMCHPMINI

TheStreet.com Rating: No Rating What is this?

  • +
  • VIA
    Viacom Inc Cl A
  • $31.52
  • -2.35%
  • $31.98

Gamco Investors (GBL) increased its holdings to 5,532,427 shares (9.64%), by purchasing 570,088 from July 16 through Sept. 15 at $27.31 per share. Gamco's filing relates solely to Class A shares.

People owning VIA also tend to own: CBSDISGOOGNWSTWXYHOOAIG

TheStreet.com Rating: C+ What is this?

  • +
  • AAWW
    Atlas Air Worldwi
  • $29.83
  • -0.70%
  • $29.55

Harbinger Capital trimmed its stake to 1,141,419 shares (5.4%), selling 1,909,810 from Sept. 8 to Sept. 10 at $26.27 each.

People owning AAWW also tend to own: ABABERAMXANRARLPAXPCCJ

TheStreet.com Rating: C+ What is this?

  • +
  • RPT
    Ramco Gers Prop
  • $9.09
  • +0.33%
  • $9.01

Equity One (EQY) sold all of its 1,800,000 shares from Sept. 9 to Sept. 11 at $8.50 a share. Equity One had been Ramco-Gershenson's largest shareholder. The bulk of its holdings were sold a day after Ramco-Gershenson had a secondary stock offering

People owning RPT also tend to own: CSCOHCPTNEWHIXELYHOOBHI

TheStreet.com Rating: C- What is this?

  • +
  • SUPX
    Supertex
  • $24.09
  • -1.35%
  • $24.41

Microchip Technology (MCHP) owns 554,100 shares (4.3%), after selling 135,399 from Sept. 11 to Sept. 15 at prices that ranged from $25.64 to $27.08.

People owning SUPX also tend to own: BOOMHALJWNSLBCGLWLOGI

TheStreet.com Rating: C What is this?

  • +
  • MINI
    Mobile Mini
  • $15.15
  • +0.73%
  • $14.92

Shamrock Activist Value Fund suggested that the company improve its capital-allocation process, concentrate on its core businesses, review strategic alternatives for improving return on invested capital, increase transparency in its public disclosures, strengthen the link between executive compensation and performance; and take measures to enhance its corporate governance, including the addition of board members proposed by Mobile Mini's larger shareholders.

People owning MINI also tend to own: AGUAHAMEDAMMDATWBGGCCRT

TheStreet.com Rating: C What is this?

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