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.

Is Teladoc Inc (TDOC) A Good Stock To Buy?

Page 1 of 2

We at Insider Monkey have gone over 700 13F filings that hedge funds and prominent investors are required to file by the government. The 13F filings show the funds’ and investors’ portfolio positions as of September 30. In this article we look at what those investors think of Teladoc Inc (NYSE:TDOC).

Teladoc Inc (NYSE:TDOC) was in 14 hedge funds’ portfolios at the end of the third quarter of 2015. Teladoc Inc (NYSE:TDOC) investors should pay attention to an increase in hedge fund interest in recent months. There were 2 hedge funds in our database with Teladoc Inc (NYSE:TDOC) holdings at the end of the previous quarter. It may come as a surprise, considering a drop of 21.79% in the share prices of the company. Such a contradictory behavior prompted us to find out more about hedgies that held positions in Teladoc Inc (NYSE:TDOC), at the end of the last quarter.

At the end of this article, we will also compare Teladoc Inc (NYSE:TDOC) to other stocks, including Pretium Resources Inc (NYSE:PVG), FTD Companies Inc (NASDAQ:FTD), and Caesars Entertainment Corp (NASDAQ:CZR) to get a better sense of its popularity.

Follow Teladoc Inc. (NYSE:TDOC)
Trade (NYSE:TDOC) Now!

According to most traders, hedge funds are perceived as unimportant, outdated investment tools of years past. While there are greater than 8000 funds in operation at present, our researchers choose to focus on the crème de la crème of this group, around 700 funds. It is estimated that this group of investors watches over the lion’s share of the smart money’s total capital, and by observing their first-class investments, Insider Monkey has uncovered several investment strategies that have historically outstripped Mr. Market. Insider Monkey’s small-cap hedge fund strategy outpaced the S&P 500 index by 12 percentage points per year for a decade in their back tests.

With all of this in mind, let’s take a look at the recent action encompassing Teladoc Inc (NYSE:TDOC).

How are hedge funds trading Teladoc Inc (NYSE:TDOC)?

At the end of Q3, a total of 14 of the hedge funds tracked by Insider Monkey were long this stock, an increase of 600% from the previous quarter. With hedgies’ sentiment swirling, there exists an “upper tier” of notable hedge fund managers who were upping their holdings significantly (or already accumulated large positions).

According to publicly available hedge fund and institutional investor holdings data compiled by Insider Monkey, Ken Griffin’s Citadel Investment Group has the biggest position in Teladoc Inc (NYSE:TDOC), worth close to $21.7 million, comprising less than 0.1% of its total 13F portfolio. Sitting at the No. 2 spot is Blue Mountain Capital, managed by Andrew Feldstein and Stephen Siderow, which holds a $21.1 million position; 0.4% of its 13F portfolio is allocated to the company. Other hedge funds and institutional investors that are bullish encompass Scott McLellan’s Marble Arch Investments, James H. Litinsky’s JHL Capital Group, and Jerome Pfund and Michael Sjostrom’s Sectoral Asset Management.

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...

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!