11 Oversold Financial Stocks to Buy According to Hedge Funds

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​5. Ategrity Specialty Insurance Company Holdings (NYSE:ASIC)

Year-to-Date Decline: 28.32%

Analyst Upside Potential: 46.98%

Number of Hedge Fund Holders: 28

​Ategrity Specialty Insurance Company Holdings (NYSE:ASIC) is one of the Oversold Financial Stocks to Buy According to Hedge Funds. Wall Street is bullish on Ategrity Specialty Insurance Company Holdings (NYSE:ASIC) since the company topped revenue and EPS estimates during its fiscal second quarter of 2025.

​The company delivered quarterly revenue of $101.78 million, which topped estimates by $3.58 million. The EPS of $0.41 also topped the consensus by $0.10. Management noted growing their Gross Written Premiums by 32.3% year-over-year to $167.5 million.

​This was the company’s first quarterly result since its IPO, and several Wall Street analysts have expressed their bullish sentiment on the stock. For instance, on August 12, Elyse Greenspan from Wells Fargo reiterated a Buy rating on Ategrity Specialty Insurance Company Holdings (NYSE:ASIC), while reducing the price target from $29 to $26. On the same day, Andrew Kligerman from TD Cowen also reiterated a Buy rating on the stock with a price target of $27.

​Ategrity Specialty Insurance Company Holdings (NYSE:ASIC) provides excess and surplus property and casualty insurance products for small to medium-sized businesses across the United States.

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