How Key Technology, Inc. (KTEC) Stacks Up Against Its Peers

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As aggregate interest increased, key money managers were breaking ground themselves. GRT Capital Partners, led by Gregory Fraser, Rudolph Kluiber, and Timothy Krochuk, assembled the biggest position in Key Technology, Inc. (NASDAQ:KTEC). GRT Capital Partners had $0.2 million invested in the company at the end of the quarter.

Let’s also examine hedge fund activity in other stocks – not necessarily in the same industry as Key Technology, Inc. (NASDAQ:KTEC) but similarly valued. These stocks are UCP Inc (NYSE:UCP), Sophiris Bio Inc (NASDAQ:SPHS), Digital Turbine Inc (NASDAQ:APPS), and China Digital TV Holding Co., Ltd.(ADR) (NYSE:STV). This group of stocks’ market values are similar to KTEC’s market value.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
UCP 5 14060 0
SPHS 5 3361 2
APPS 4 1434 -1
STV 4 1001 4

As you can see these stocks had an average of 4.5 hedge funds with bullish positions and the average amount invested in these stocks was $5 million. That figure was $18 million in KTEC’s case. UCP Inc (NYSE:UCP) is the most popular stock in this table. On the other hand Digital Turbine Inc (NASDAQ:APPS) is the least popular one with only 4 bullish hedge fund positions. Compared to these stocks Key Technology, Inc. (NASDAQ:KTEC) is more popular among hedge funds. Considering that hedge funds are fond of this stock in relation to its market cap peers and they invested more money in the company’s stock, it may be a good idea to analyze it in detail and potentially include it in your portfolio.

Disclosure: None


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