Is Jason Industries Inc (JASN) A Good Stock To Buy?

Page 2 of 2

Consequently, key hedge funds have jumped into Jason Industries Inc (NASDAQ:JASN) headfirst. GRT Capital Partners, led by Gregory Fraser, Rudolph Kluiber, and Timothy Krochuk, initiated the most outsized position in Jason Industries Inc (NASDAQ:JASN). GRT Capital Partners had $0.1 million invested in the company at the end of the quarter.

Let’s now review hedge fund activity in other stocks similar to Jason Industries Inc (NASDAQ:JASN). These stocks are TransAtlantic Petroleum Ltd (NYSEAMEX:TAT), Intermolecular Inc (NASDAQ:IMI), Verastem Inc (NASDAQ:VSTM), and Nexvet Biopharma plc (NASDAQ:NVET). This group of stocks’ market caps are similar to JASN’s market cap.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
TAT 4 5827 -1
IMI 5 15528 -1
VSTM 5 2640 -1
NVET 4 18949 0

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 $11 million. That figure was $19 million in JASN’s case. Intermolecular Inc (NASDAQ:IMI) is the most popular stock in this table. On the other hand TransAtlantic Petroleum Ltd (NYSEAMEX:TAT) is the least popular one with only 4 bullish hedge fund positions. Compared to these stocks Jason Industries Inc (NASDAQ:JASN) 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.

Suggested Articles:
Best Company Team Building Activities
Countries With The Highest Deforestation Rates
Most Expensive Hats In The World

Disclosure: None





Page 2 of 2