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.

Should You Avoid Allied Motion Technologies, Inc. (AMOT)?

Page 1 of 2

The third quarter was a rough one for most investors, as fears of an interest rate hike in the U.S, a weakening economy in China, and a stagnant Europe, weighed heavily on the minds of investors. Both the S&P 500 and Russell 2000 sank as a result, with the Russell 2000, which is composed of smaller companies, being hit especially hard. This was primarily due to hedge funds, which are big supporters of small-cap stocks, pulling some of their capital out of the volatile markets during this time. Let’s look at how this market volatility affected the sentiment of hedge funds towards Allied Motion Technologies, Inc. (NASDAQ:AMOT), and what that likely means for the prospects of the company and its stock.

Allied Motion Technologies, Inc. (NASDAQ:AMOT) investors should pay attention to a decrease in hedge fund interest recently. At the end of this article we will also compare AMOT to other stocks, including Enphase Energy Inc (NASDAQ:ENPH), Bill Barrett Corporation (NYSE:BBG), and Care.com Inc (NYSE:CRCM) to get a better sense of its popularity.

Follow Allied Motion Technologies Inc (NASDAQ:AMOT)
Trade (NASDAQ:AMOT) Now!

According to most stock holders, hedge funds are assumed to be worthless, old financial tools of yesteryear. While there are over 8000 funds with their doors open at the moment, Our researchers hone in on the upper echelon of this club, around 700 funds. These investment experts manage the lion’s share of the smart money’s total asset base, and by shadowing their first-class equity investments, Insider Monkey has spotted a number of investment strategies that have historically defeated Mr. Market. Insider Monkey’s small-cap hedge fund strategy beat the S&P 500 index by 12 percentage points per year for a decade in their back tests.

Now, we’re going to check out the latest action regarding Allied Motion Technologies, Inc. (NASDAQ:AMOT).

Hedge fund activity in Allied Motion Technologies, Inc. (NASDAQ:AMOT)

Heading into Q4, a total of 7 of the hedge funds tracked by Insider Monkey were long this stock, a change of -13% from one quarter earlier. With the smart money’s capital changing hands, there exists a select group of key hedge fund managers who were upping their stakes substantially (or already accumulated large positions).

According to Insider Monkey’s hedge fund database, Renaissance Technologies, managed by Jim Simons, holds the most valuable position in Allied Motion Technologies, Inc. (NASDAQ:AMOT). Renaissance Technologies has an $2.4 million position in the stock, comprising less than 0.1%% of its 13F portfolio. On Renaissance Technologies’s heels is AQR Capital Management, led by Cliff Asness, holding an $1.4 million position; the fund has less than 0.1%% of its 13F portfolio invested in the stock. Other professional money managers with similar optimism encompass Peter Muller’s PDT Partners, Israel Englander’s Millennium Management and Gavin Saitowitz and Cisco J. del Valle’s Springbok Capital.

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...
X

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!