Seeking Alpha
Value, growth, long-term horizon, medium-term horizon
Profile| Send Message|
( followers)  

Do you follow smart money buying and selling trends? For a closer look at stocks currently out of favor by hedge funds, we ran a screen.

We began by screening the tech sector for high-growth stocks, with 5-year projected EPS growth above 20%.

We then screened for those with bearish sentiment from institutional investors, with significant net institutional sales over the last quarter representing at least 5% of share float. This indicates that institutional investors such as hedge fund managers and mutual fund managers expect these names to underperform.

Interactive Chart: Press Play to compare changes in market cap over the last two years for six of the stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.

We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index over the last month. To access a complete analysis of this list's recent performance, click here.

Do you think these stocks are in hot water? Use this list as a starting point for your own analysis.

List sorted by net institutional sales over the last quarter as a percent of share float.

1. ChinaCache International Holdings Ltd. (NASDAQ:CCIH): Provides Internet content and application delivery services to businesses, government agencies, and other enterprises in the People's of Republic of China. Market cap at $123.59M, most recent closing price at $5.39. 5-year projected EPS growth at 30.00%. Net institutional sales in the current quarter at -2.3M shares, which represents about 30.75% of the company's float of 7.48M shares.

2. VanceInfo Technologies Inc. (NYSE:VIT): Engages in the provision of information technology services. Market cap at $514.17M, most recent closing price at $11.50. 5-year projected EPS growth at 23.00%. Net institutional sales in the current quarter at -4.8M shares, which represents about 25.83% of the company's float of 18.58M shares.

3. Comtech Telecommunications Corp. (NASDAQ:CMTL): Designs and produces a wide range of telecom systems and services. Market cap at $578.09M, most recent closing price at $30.41. 5-year projected EPS growth at 35.00%. Net institutional sales in the current quarter at -2.7M shares, which represents about 14.68% of the company's float of 18.39M shares.

4. OpenTable, Inc. (NASDAQ:OPEN): Provides restaurant reservation solutions in the United States, Canada, Mexico, Europe, and Asia. Market cap at $841.18M, most recent closing price at $37.27. 5-year projected EPS growth at 23.91%. Net institutional sales in the current quarter at -1.9M shares, which represents about 11.14% of the company's float of 17.06M shares.

5. Isoftstone Holdings Limited (NYSE:ISS): Provides various information technology services and solutions in the Greater China and internationally. Market cap at $451.53M, most recent closing price at $8.03. 5-year projected EPS growth at 31.50%. Net institutional sales in the current quarter at -1.6M shares, which represents about 6.21% of the company's float of 25.76M shares.

6. Guidance Software, Inc. (NASDAQ:GUID): Provides software and hardware solutions for digital investigations primarily in the United States, Europe, the Middle East, Africa, and Asia/the Pacific Rim. Market cap at $214.6M, most recent closing price at $8.72. 5-year projected EPS growth at 40.60%. Net institutional sales in the current quarter at -626.2K shares, which represents about 5.6% of the company's float of 11.19M shares.

7. UTStarcom Holdings Corp. (NASDAQ:UTSI): Designs and sells Internet protocol -based telecommunications infrastructure products to telecommunications service providers and operators worldwide. Market cap at $170.62M, most recent closing price at $1.12. 5-year projected EPS growth at 22.00%. Net institutional sales in the current quarter at -5.2M shares, which represents about 5.57% of the company's float of 93.35M shares.

8. Kenexa Corp. (KNXA): Provides software, proprietary content, and services that enable organizations to recruit and retain employees. Market cap at $824.57M, most recent closing price at $30.16. 5-year projected EPS growth at 20.50%. Net institutional sales in the current quarter at -1.3M shares, which represents about 5.45% of the company's float of 23.85M shares.

9. SRS Labs Inc. (NASDAQ:SRSL): Engages in the development and provision of audio and voice technology solutions. Market cap at $130.74M, most recent closing price at $9.06. 5-year projected EPS growth at 22.50%. Net institutional sales in the current quarter at -425.3K shares, which represents about 5.39% of the company's float of 7.89M shares.

10. KVH Industries Inc. (NASDAQ:KVHI): Engages in the development, manufacture, and marketing of mobile communication products for the marine, land mobile, and aeronautical markets primarily in North America, Europe, and Asia. Market cap at $134.61M, most recent closing price at $9.12. 5-year projected EPS growth at 30.00%. Net institutional sales in the current quarter at -657.3K shares, which represents about 5.29% of the company's float of 12.43M shares.

*Institutional data sourced from Fidelity, all other data sourced from Finviz.

Source: 10 High-Growth Tech Stocks Being Sold Off By Hedge Funds