Numerous Billionaires Hold U.S. Computer Hardware Stocks in 52-Week Low

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Oct 18, 2013
Here’s a look at the 52-week low stocks in the U.S. computer hardware sector, along with the billionaire gurus and insiders who are holding them.

This week the U.S. computer hardware sector lists 23 stocks on a 52-week low out of 237 companies. The low ratio is 0.1. In comparison, Asia’s market currently shows 186 out of 1,240 computer hardware companies on a 52-week low, with an industry low ratio of 0.15. South Korea and Taiwan’s computer hardware sectors currently have numerous companies more than 50% off a 52-week high so it could be very beneficial to explore the global reach of a GuruFocus Premium Membership for a7-day Free Trialto access more markets and opportunities around the world.



Industry Sector: Computer Hardware


Highlight: ION Geophysical Corporation (IO, Financial) – Yield 0.00%

The current IO share price is $4.94, or 35.8% off the 52-week high of $7.70.

Down 31% over 12 months, IO has a market cap of $774.2 million, and trades at a P/B of 1.90.

ION Geophysical Corporation is a technology-focused seismic solutions company that provides advanced seismic data acquisition equipment, seismic software, and seismic planning, processing, and interpretation services to the global energy industry.

Guru Action: The top guru stakeholder is Chuck Royce as of June 30, 2013. He holds 1,178,200 shares or 0.75% of shares outstanding. In the second quarter of 2013, he lost 20.6% on his holding of 1,178,200 shares at an average price of $6.22 per share. Over a five-year history, he has averaged a loss of 50% on 1,100,200 shares sold at an average price of $9.94 per share.

Royce is one of six guru stakeholders and there is very active insider trading to report.

Historical share pricing, revenue and net income:

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Highlight: Sypris Solutions Inc. (SYPR, Financial) – Yield 2.50%

The current SYPR share price is $3.14, or 57.0% off the 52-week high of $7.30.

Down 57% over 12 months, Sypris Solutions Inc. has a market cap of $64 million, and trades at a P/B of 1.20.

Formed in 1997, Sypris Solutions Inc. performs a range of manufacturing, engineering, design and other technical services, typically under contracts with corporations and government agencies for industrial manufacturing and aerospace and defense electronics.

1,100,200 shares sold at an average price of $9.94 per share.

Guru Action: The top guru stakeholder is Jim Simons as of June 30, 2013. He holds 444,889 shares or 2.18% of shares outstanding. In the second quarter of 2013, he lost 6% when he bought 53,389 shares at an average price of $2.85 per share. Over a five-year history, he has averaged a loss of 10% on 481,089 shares bought at an average price of $2.85 per share. Selling 36,200 shares at an average price of $3.69 per share, he had a loss of 15%.

Jim Simons is one of two guru stakeholders. There is no recent insider trading to report.

Historical share pricing, revenue and net income:

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Highlight: Teradata Corporation (TDC, Financial) – Yield 0.00%

The current TDC share price is $42.54, or 43.9% off the 52-week high of $75.86.

Down 42% over 12 months, Teradata Corporation has a market cap of $6.94 billion, and trades at a P/E of 18.90 and a P/B of 3.80.

Teradata Corporation is a provider of analytic data solutions, including integrated data warehousing, big data analytics and business applications. The company’s data warehousing solutions include software, hardware and related business consulting and support services.

Guru Action: The top guru stakeholder is Jim Simons as of June 30, 2013. He holds 1,258,800 shares or 0.77% of shares outstanding. In the second quarter of 2013, he reduced his position by 2.91%, selling 37,700 shares at an average price of $53.87, for a loss of 21%.

Jim Simons is one of 10 guru stakeholders and there is recent insider trading to report.

Historical share pricing, revenue and net income:

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Highlight: Qualstar Corporation (QBAK, Financial) – Yield 0.00%

The current QBAK share price is $1.28, or 36.9% off the 52-week high of $2.03.

Down 10% over 12 months, Qualstar Corporation has a market cap of $15.68 million, and trades at a P/B of 1.10.

Incorporated in 1984, Qualstar Corporation develops and manufactures IBM compatible 9-track reel-to-reel tape drives for the personal computer and workstation marketplaces. Since 1995, it has focused its efforts on designing, developing, manufacturing and selling automated magnetic tape libraries used to store, retrieve and manage electronic data mainly in the network computing environment.

Guru Action: The sole guru stakeholder is Jim Simons as of June 30, 2013. He holds 97,200 shares or 0.79% of shares outstanding. In the second quarter of 2013, he increased his position by 2.97%, buying 2,800 shares at an average price of $1.67 per share, and losing 23.4%.

Over a five-year history of pure losses, he has averaged a loss of 48% on 29,700 shares bought at an average price of $2.45 per share. Selling 27,500 shares at an average price of $1.88 per share, he had a loss of 32%.

Check out the recent insider trading of QBAK.

Historical share pricing, revenue and net income:

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