How RadiSys Corporation (RSYS) Stacks Up Against Its Peers

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We already know that not all hedge funds are bullish on the stock and some hedge funds actually said goodbye to their positions entirely. At the top of the heap, Israel Englander’s Millennium Management said goodbye to the biggest investment of the “upper crust” of funds watched by Insider Monkey, comprising close to $0.3 million in stock, and Glenn Russell Dubin’s Highbridge Capital Management was right behind this move, as the fund dropped about $0.1 million worth of shares.

Let’s also examine hedge fund activity in other stocks similar to RadiSys Corporation (NASDAQ:RSYS). We will take a look at Navios Maritime Acquisition Corp (NYSE:NNA), Bellatrix Exploration Ltd Ordinary Shares (Canada) (NYSEAMEX:BXE), Global Sources Ltd. (Bermuda) (NASDAQ:GSOL), and First Business Financial Services Inc (NASDAQ:FBIZ). This group of stocks’ market caps resemble RSYS’s market cap.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
NNA 4 1433 -2
BXE 5 19902 -2
GSOL 4 4139 -1
FBIZ 3 9654 -2

As you can see these stocks had an average of 4 hedge funds with bullish positions and the average amount invested in these stocks was $9 million. That figure was $22 million in RSYS’s case. Bellatrix Exploration Ltd Ordinary Shares (Canada) (NYSEAMEX:BXE) is the most popular stock in this table. On the other hand First Business Financial Services Inc (NASDAQ:FBIZ) is the least popular one with only 3 bullish hedge fund positions. Compared to these stocks RadiSys Corporation (NASDAQ:RSYS) 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

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