Operational Activist Investor Nelson Peltz Builds A Stake In Hansen Natural (HANS)
More News related to HANS
- Morning Movers 11/06: ACLS, CVM, ZIOP, LPSN, CABL, ZGEN Higher; NHWK, GOK, CROX, CVI, RAIL, CSTR Lower
- After-Hours Movers 11/05: JSDA, ENOC, SAM, RST, ASEI, KFN Higher; MOVE, FNM, CROX, BEBE, BID Lower
- Hansen Natural (HANS) Misses Q2 EPS by 3c
- Hansen Natural Reports Record 2009 Third Quarter Financial Results
- Trading Radar for 11/05: Starbucks (SBUX), CBS Corp. (CBS), CVS (CVS), Toyota (TM), Thomson Reuters (TRI)
More News related to Insiders' Blog
- Moody's Suggests AIG (AIG) Could Repay the U.S.
- Buffett's Berkshire To Sell 9.6M Share Stake in Union Pacific (UNP) and 1.9M Share Stake In Norfolk Southern (NSC)
- Einhorn's Greenlight Erases Last Year's Loss: Flagship Fund Up 30% YTD
- East West Bancorp (EWBC) Shares Rocket Higher Amid Acqusition of UCB
- Verizon Claims Strong Sales of Motorola's New 'Droid', But Won't Give Specific Numbers (VZ, MOT)
The investment arm controlled by activist investor Nelson Peltz has built a stake of 1.29 million shares in Hansen Natural (Nasdaq: HANS). Nelson Peltz has successful with other popular drink companies, such as Snapple. Peltz is an operations guy that looks for efficiencies, marketing strategies and tactics in order to achieve solid cash flows.
Investors are ostensibly very excited that Peltz is involved with Hansen Natural and have driven the stock up over 10% on the news of his investment. Another plus for Hansen Natural is Steve Mandel's Lone Pine Capital recently disclosed a 7.8% (7.23M shares) stake in the company. It is highly likely that Mandel and Peltz see much of the same potential with this company and I'd say HANS is definitely a company to pay attention to over the next 12 months.
Hansen Natural Corporation, through its subsidiaries, engages in the development, marketing, sale, and distribution of beverages in the United States and Canada.
To learn more about Nelson Peltz click here.
Sign up at EasyStockAlerts.com To Be Alerted To Your Stock News Today!
Related Categories
Insiders' BlogTrader Talk
Stocks Mentioned
-0.37Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
