Wet Seal: Major Funds Supporting the Stock in Quarterly Release
Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently increased stock shares of Wet Seal Inc. (NASDAQ:WTSLA).
SEC data indicate that these institutions significantly increased their stock shares of Wet Seal Inc. in Q3 2011:
KENNEDY CAPITAL MANAGEMENT INC: On 06/30/2011, held 0 shares. On 09/30/2011, held 1,021,336 shares, worth $4,575,585.
PUTNAM INVESTMENT MANAGEMENT LLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 948,800 shares, worth $4,250,624.
BOGLE INVESTMENT MANAGEMENT L P /DE/: On 06/30/2011, held 0 shares. On 09/30/2011, held 838,918 shares, worth $3,758,353.
ALLIANZ GLOBAL INVESTORS OF AMERICA L P: On 06/30/2011, held 0 shares. On 09/30/2011, held 833,200 shares, worth $3,732,736.
AQR CAPITAL MANAGEMENT LLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 815,100 shares, worth $3,651,648.
About the company: Wet Seal, Inc. retails fashionable and contemporary apparel and accessory items. The Company operates its stores in the United States, the District of Columbia, and Puerto Rico. Wet Seal operates its stores under the names Wet Seal Contempo Casuals, Limbo Lounge, and Arden B. stores.
Competitors to Watch: Body Central Acquisition Corp. (NASDAQ:BODY), bebe stores, inc. (NASDAQ:BEBE), dELiA*s, Inc. (NASDAQ:DLIA), Limited Brands, Inc. (NYSE:LTD), The Cato Corporation (NYSE:CATO), Aeropostale, Inc. (NYSE:ARO), The Buckle, Inc. (NYSE:BKE), Abercrombie & Fitch Co. (NYSE:ANF), Pacific Sunwear of California, Inc. (NASDAQ:PSUN), and Zumiez Inc. (NASDAQ:ZUMZ).
(Note: Data regarding Wet Seal Inc.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)
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