11 Small-Cap Tech Stocks Hedge Funds Were Buying in Q2

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9. The Hackett Group, Inc. (NASDAQ:HCKT)

Number of Hedge Fund Holders: 18

Percentage Change Since Q2: -27%

Market Cap: $507 Million

The Hackett Group, Inc. (NASDAQ:HCKT) is one of the small-cap tech stocks hedge funds were buying in Q2.

On October 27, 2025, Barrington Research reaffirmed its Outperform rating on Hackett, maintaining a $27 price target. This marks the third consecutive month analyst Vincent Colicchio has backed the stock at that level, having lowered the target from $32 in early August. While Colicchio hasn’t publicly elaborated on the rationale, the pattern suggests the analyst remains confident in Hackett’s long-term positioning despite adjusting near-term expectations.

The company is set to report Q3 2025 results on November 4, offering investors a chance to test that thesis. Key metrics to watch will include digital transformation demand, consulting utilization rates, and margin trends, especially as Hackett continues integrating AI-driven process solutions like those tied to its Celonis partnership.

The Hackett Group, Inc. (NASDAQ:HCKT) is a Miami-based IP-led strategic consultancy and enterprise benchmarking firm. It serves global clients with solutions spanning digital transformation, enterprise performance, and cost optimization.

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