Barnes & Noble, Inc. (BKS), Global Eagle Entertainment Inc (ENT): David Abrams’ Favorite Small-Cap Stocks

At the end of the first quarter, Abrams Capital Management held a total of 5.00 million shares of Global Eagle Entertainment Inc (NASDAQ:ENT) worth $66.55 million. Wall Street analysts currently have a short-term price target of $19.00 on Global Eagle Entertainment Inc (NASDAQ:ENT) and have given it a consensus “Sell” recommendation, although the price target suggests large potential upside with shares currently trading at just $13.82. While this year’s earnings per share estimate is for a loss of $0.01, the stock is expected to improve next year to a gain of $0.02. The quarter saw four more hedge funds out of the 730 we are monitoring purchase positions in the stock, lifting the number to 17. The hedge funds had invested a total of $504.52 million in the stock. A few of these hedge funds are John C. Walker‘s Stonerise Capital Management, which held 1.6 million shares and PAR Capital Management with 28.98 million shares.

Abrams Capital Management holds 2.35 million shares of InterXion Holding NV (NYSE:INXN) with a market value of $66.21 million. Analytics indicate that the stock has a price-to-earnings ratio of 66.91 compared to the technology sector’s price-to-index average of 17.8. The stock has also beaten the S&P 500 by 8.2% and currently has a market cap of $2.26 billion. According to its last earnings report released on May 7, the stock delivered $0.20 in earnings per share compared to the consensus estimate of $0.14. William Blair has upgraded the shares of the company to “Outperform” from “Market Perform.” Eight analysts that have also recently commented on the stock have a consensus rating of “Buy” and an average short-term price target of $32.20, suggesting potential upside of nearly 15%. InterXion, which is a provider of technology services, provides its support to more than 1,400 customers and has operations in 11 countries. It recently announced a partnership deal with Global Azure ExpressRoute EXP in an effort to enable its customers to achieve more secure connections and better performance in private connections to Microsoft Azure. A total of 30 hedge funds out of the ones we monitor were invested in InterXion Holding NV (NYSE:INXN) as of March 31, with an aggregate investment value of $708.88 million. The largest of those was Ricky Sandler‘s Eminence Capital.

Disclosure: None