Will Bebe Stores’s Top Institutional Shareholders Sell More After Earnings?

For the year-to-date, Bebe Stores, Inc.’s (NASDAQ:BEBE) shares are down 35.53 percent. On Thursday, the company reported that its first-quarter earnings outlook came in lower than analysts’ estimates while its fourth-quarter numbers topped forecasts.

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Bebe Stores said it foresees a first-quarter loss of 1 cent to 4 cents per share with revenue at stores open at least a year; it had been expected to decline to the mid- to high- single digital percentage range.

The company reported its fiscal fourth-quarter earnings of 4 cents per share on $131.5 million in revenue, exceeding 3 cents per share earnings from $128.4 million in revenue.

With the company’s estimated loss and missed estimates, will Bebe Store’s largest shareholders decrease their holdings? 131 institutional firms indicated owning shares of Bebe Stores, Inc. (NASDAQ:BEBE) in Q2 2012. These firms reported owning a total of 33.767 million shares on 06/30/2012. The shares closed at $5.87 on 06/30/2012.

Here are the ten largest positions in Bebe Stores, Inc. at the end of June 30th, 2012.

Invesco Ltd. held 3,079,281 shares on 06/30/2012 worth $18,075,379. This brought the portfolio total to 0.01%.

Dimensional Fund Advisors LP held 2,769,390 shares on 06/30/2012 worth $16,256,319. This brought the portfolio total to 0.02%.

Cadence Capital Management LLC held 2,358,350 shares on 06/30/2012 worth $13,843,514. This brought the portfolio total to 0.43%.

Royce & Associates LLC held 2,202,721 shares on 06/30/2012 worth $12,929,972. This brought the portfolio total to 0.04%.

King Luther Capital Management Corp held 2,130,335 shares on 06/30/2012 worth $12,505,066. This brought the portfolio total to 0.15%.

Vanguard Group Inc held 1,929,882 shares on 06/30/2012 worth $11,328,407. This brought the portfolio total to 0.0%.

Granahan Investment Management Inc/MA held 1,653,010 shares on 06/30/2012 worth $9,703,169. This brought the portfolio total to 0.36%.

Segall Bryant & Hamill held 1,529,612 shares on 06/30/2012 worth $8,978,822. This brought the portfolio total to 0.29%.

Wall Street Associates held 1,038,798 shares on 06/30/2012 worth $6,097,744. This brought the portfolio total to 0.56%.

Blackrock Institutional Trust Company N.A. held 1,020,420 shares on 06/30/2012 worth $5,989,865. This brought the portfolio total to 0.0%.

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