Here’s What Smart Money Thinks about Papa Murphy’s Holdings Inc (FRSH)

Now, key money managers have been driving this bullishness. Marc Majzner’s Clearline Capital assembled the largest position in Papa Murphy’s Holdings Inc (NASDAQ:FRSH). Clearline Capital had $0.5 million invested in the company at the end of the quarter. Barington Capital Group also made a $0.2 million investment in the stock during the quarter. The only other fund with a new position in the stock is D. E. Shaw’s D E Shaw.

Let’s now take a look at hedge fund activity in other stocks – not necessarily in the same industry as Papa Murphy’s Holdings Inc (NASDAQ:FRSH) but similarly valued. These stocks are Consumer Portfolio Services, Inc. (NASDAQ:CPSS), Timberland Bancorp, Inc. (NASDAQ:TSBK), Atlantic Alliance Partnership Corp (NASDAQ:AAPC), and Gaiam, Inc. (NASDAQ:GAIA). This group of stocks’ market valuations are similar to FRSH’s market valuation.

As you can see these stocks had an average of five funds with bullish positions and the average amount invested in these stocks was $17 million. That figure was $10 million in FRSH’s case. Consumer Portfolio Services, Inc. (NASDAQ:CPSS) is the most popular stock in this table. On the other hand Atlantic Alliance Partnership Corp (NASDAQ:AAPC) is the least popular one with only four bullish hedge fund positions. Compared to these stocks Papa Murphy’s Holdings Inc (NASDAQ:FRSH) 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