Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Constant Contact Inc (CTCT): Hedge Funds Are Snapping Up

Page 1 of 2

World-class money managers like Bill Ackman and Barry Rosenstein only invest their wealthy clients’ money after undertaking a rigorous examination of any potential stock. They are particularly successful in this regard when it comes to small-cap stocks, which their peerless research gives them a big information advantage on when it comes to judging their worth. It’s not surprising then that they generate their biggest returns from these stocks and invest more of their money in these stocks on average than other investors. It’s also not surprising then that we pay close attention to these picks ourselves and have built a market-beating investment strategy around them.

Constant Contact Inc (NASDAQ:CTCT) shareholders have witnessed an increase in activity from the world’s largest hedge funds lately. At the end of this article we will also compare CTCT to other stocks, including Innophos Holdings, Inc. (NASDAQ:IPHS), Saia Inc (NASDAQ:SAIA), and Atento SA (NYSE:ATTO) to get a better sense of its popularity.

Follow Constant Contact Inc. (NASDAQ:CTCT)
Trade (NASDAQ:CTCT) Now!

In today’s marketplace, there are plenty of signals stock traders put to use to value stocks. A pair of the less utilized signals are hedge fund and insider trading indicators. Our experts have shown that, historically, those who follow the top picks of the top fund managers can outpace the broader indices by a significant amount (see the details here).

Now, we’re going to review the key action encompassing Constant Contact Inc (NASDAQ:CTCT).

How are hedge funds trading Constant Contact Inc (NASDAQ:CTCT)?

Heading into Q4, a total of 17 of the hedge funds tracked by Insider Monkey were long this stock, a change of 6% from the previous quarter. With the smart money’s capital changing hands, there exists an “upper tier” of key hedge fund managers who were increasing their stakes significantly (or already accumulated large positions).

Of the funds tracked by Insider Monkey, Daruma Asset Management, managed by Mariko Gordon, holds the number one position in Constant Contact Inc (NASDAQ:CTCT). Daruma Asset Management has a $55.8 million position in the stock, comprising 3.4% of its 13F portfolio. The second largest stake is held by RGM Capital, led by Robert G. Moses, holding a $45.9 million position; 6.1% of its 13F portfolio is allocated to the stock. Remaining professional money managers with similar optimism contain Jim Simons’ Renaissance Technologies, Jeffrey Jacobowitz’s Simcoe Capital Management and Paul Marshall and Ian Wace’s Marshall Wace LLP.

Page 1 of 2

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...
X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!