COMSCORE, Inc. (SCOR): Are Hedge Funds Right About This Stock?

Seeing as COMSCORE, Inc. (NASDAQ:SCOR) has weathered a decline in interest from hedge fund managers, we can see that there is a sect of hedgies who sold off their positions entirely last quarter. It’s worth mentioning that William C. Martin’s Raging Capital Management cut the biggest stake of the “upper crust” of funds tracked by Insider Monkey, comprising about $17.7 million in stock. Phill Gross and Robert Atchinson’s fund, Adage Capital Management, also dumped its stock, about $10.7 million worth.

Let’s now take a look at hedge fund activity in other stocks similar to COMSCORE, Inc. (NASDAQ:SCOR). These stocks are ESCO Technologies Inc. (NYSE:ESE), Kaman Corporation (NYSE:KAMN), Standex Int’l Corp. (NYSE:SXI), and Benefitfocus Inc (NASDAQ:BNFT). All of these stocks’ market caps are closest to SCOR’s market cap.

As you can see these stocks had an average of 9 hedge funds with bullish positions and the average amount invested in these stocks was $67 million. That figure was $234 million in SCOR’s case. Kaman Corporation (NYSE:KAMN) is the most popular stock in this table. On the other hand, ESCO Technologies Inc. (NYSE:ESE) is the least popular one with only 5 bullish hedge fund positions. Compared to these stocks COMSCORE, Inc. (NASDAQ:SCOR) is more popular among hedge funds. Considering that hedge funds are fond of this stock in relation to its market cap peers, it may be a good idea to analyze it in detail and potentially include it in your portfolio.

Disclosure: none