5 Best Cybersecurity Stocks Under $10

2. Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC)

Number of Hedge Fund Holders: 7     

Share Price as of November 11: $4.36

Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) is a Turkish digital services provider. JPMorgan analyst JP Davids has an Overweight rating on the shares with a price target of TRY 19.86. The firm has a market cap of $3.7 billion and posted $3.9 billion in revenue last year. On October 28, it declared a quarterly dividend of $0.074 per share, in line with previous. The firm was founded in 1993. 

Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) has recently invested in the software business to capture the cloud, cybersecurity, and software-as-a-service market. The stock seems like a promising bet on the growing Turkish economy. 

At the end of the second quarter of 2021, 7 hedge funds in the database of Insider Monkey held stakes worth $1.8 million in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC), down from 8 in the previous quarter worth $28 million.

Among the hedge funds being tracked by Insider Monkey, United Kingdom-based firm Oldfield Partners is a leading shareholder in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) with 5 million shares worth more than $23 million.