5 Best Low Priced Technology Stocks to Buy According to Hedge Funds

In this article, we will list the 5 Best Low Priced Technology Stocks to Buy According to Hedge Funds. Please visit 9 Best Low Priced Technology Stocks to Buy According to Hedge Funds to see the extended list and the methodology behind it.

5. Fidelity National Information Services Inc. (NYSE:FIS)

Number of Hedge Fund Holders: 57

Fidelity National Information Services Inc. (NYSE:FIS) is one of the best low priced technology stocks to buy according to hedge funds. On May 12, FIS announced that its Supply Chain Finance Platform, formerly known as Demica, was selected by Glencore PLC to power an inaugural $2.55 billion trade receivables securitization program for its oil and gas commodity business. This facility, backed by a consortium of six leading financial institutions, stands as one of the largest oil and gas trade receivables transactions ever executed.

5 Best Low Priced Technology Stocks to Buy According to Hedge Funds

Glencore used the platform to provide the necessary technology infrastructure, operational support, and complex reporting for the multi-jurisdictional transaction. Securely hosted on Microsoft Azure, the platform allows corporates to monetize large pools of receivables to unlock working capital. It features seamless onboarding across multiple counterparties, automated regulatory reporting, and a scalable infrastructure capable of managing a diversified portfolio of global trade receivables.

By offering real-time monitoring and transparent performance reporting, the platform provides all involved stakeholders with comprehensive visibility into the receivables. This integration demonstrates the platform’s capacity to handle sophisticated financial structures, enabling global enterprises to optimize the movement of capital, secure liquidity, and confidently execute cross-border programs.

Fidelity National Information Services Inc. (NYSE:FIS) provides banking and capital markets solutions for financial institutions and businesses.

4. Clearwater Analytics Holdings Inc. (NYSE:CWAN)

Number of Hedge Fund Holders: 59

Clearwater Analytics Holdings Inc. (NYSE:CWAN) is one of the best low priced technology stocks to buy according to hedge funds. On May 7, Clearwater Analytics reported its Q1 2026 financial results, with total revenue rising 74% year-over-year to $221.2 million. ARR grew 77% to $872 million, and Adjusted EBITDA increased 72% to $77.4 million, achieving a 35% margin. The company reported a GAAP net loss of $2.8 million alongside a record non-GAAP gross profit of $172.7 million, driven by the integration of GenAI tools and the completed full-year integration of Enfusion, Beacon, and Bistro.

Operationally, the platform maintained a 97% gross revenue retention rate and a 108% net revenue retention rate. Recent business milestones include key client adoptions, such as Orange Investment Advisors implementing Enfusion for structured credit operations and Dunamis Asset Management onboarding the system to support its hedge fund expansion in South Korea and Hong Kong.

Additionally, Clearwater shareholders recently voted to adopt a previously announced merger agreement to be acquired by an investor group led by Permira and Warburg Pincus. The transaction values the company at ~$8.4 billion, offering stockholders $24.55 per share in cash. Clearwater Analytics Holdings Inc. (NYSE:CWAN) has received all regulatory approvals except from the Australian Foreign Investment Review Board, with the acquisition expected to close in Q2 2026.

Clearwater Analytics Holdings Inc. (NYSE:CWAN) provides a cloud-native investment management platform for institutional investors across public and private markets, using a single-instance, multi-tenant architecture to deliver real-time data and AI-driven insights across the investment lifecycle.

3. Lyft Inc. (NASDAQ:LYFT)

Number of Hedge Fund Holders: 59

Lyft Inc. (NASDAQ:LYFT) is one of the best low priced technology stocks to buy according to hedge funds. On May 7, Lyft reported financial results for Q1 2026. Gross Bookings reached $4.9 billion, a 19% increase year-over-year, while revenue grew 14% to $1.7 billion. Net income climbed to $14.2 million, up from $2.6 million in Q1 2025, and Adjusted EBITDA increased 25% to $132.8 million. Free cash flow for the quarter was $287.3 million, bringing the trailing twelve-month total to an all-time high of $1.1 billion.

Operational growth was driven by a 17% year-over-year rise in Active Riders to 28.3 million. Lyft also closed its acquisition of Gett’s UK business, secured its first Baidu vehicles in the UK, and announced that its Nashville Flexdrive autonomous vehicle operations will launch this fall. Additionally, corporate partnerships with brands like Chase, DoorDash, and United Airlines accounted for an all-time high of nearly 27% of rides in North America.

For Q2 2026, Lyft Inc. (NASDAQ:LYFT) expects Gross Bookings to range between $5.30 billion and $5.43 billion, reflecting year-over-year growth of 18% to 21%. The company projects Adjusted EBITDA to be between $160 million and $180 million. This corresponds to an estimated Adjusted EBITDA margin of approximately 3.0% to 3.3% as a percentage of Gross Bookings.

Lyft Inc. (NASDAQ:LYFT) operates a peer-to-peer ridesharing marketplace in the US and Canada. Its platform provides a ridesharing marketplace that connects drivers with riders, a car rental program for drivers, and a network of shared bikes and scooters in various cities to meet riders’ needs for short trips.

2. Gitlab Inc. (NASDAQ:GTLB)

Number of Hedge Fund Holders: 59

Gitlab Inc. (NASDAQ:GTLB) is one of the best low priced technology stocks to buy according to hedge funds. On April 28, GitLab announced a deepened integration with Anthropic’s Claude models, embedding them directly into the GitLab Duo Agent Platform. This update allows AI agents to call Anthropic’s latest models, including the newly released Claude Opus 4.7, to automate tasks across planning, coding, testing, security, and deployment. Every action taken by the AI agents is fully governed by GitLab’s existing compliance, audit, and policy framework.

Enterprises can access these Claude models through Google Cloud and AWS Bedrock, enabling them to route AI workloads through their existing hyperscaler relationships and data residency requirements. Additionally, GitLab has joined the Claude Marketplace. This partnership allows customers to purchase GitLab credits and apply them toward their existing Anthropic spending commitments.

By embedding the Duo Agent Platform within a single DevSecOps platform, Gitlab Inc. (NASDAQ:GTLB) ensures that security and compliance teams retain full visibility and control over how AI agents access sensitive code and infrastructure. This structural alignment eliminates the need for a separate governance layer, allowing engineering teams to use agentic workflows safely and rapidly.

Gitlab Inc. (NASDAQ:GTLB) develops and operates a comprehensive DevSecOps platform delivered as a single application, allowing teams to plan, build, secure, and deploy software faster. GitLab provides an all-in-one solution that integrates source code management, continuous integration/continuous deployment (CI/CD) pipelines, and security monitoring.

1. Unity Software Inc. (NYSE:U)

Number of Hedge Fund Holders: 80

Unity Software Inc. (NYSE:U) is one of the best low priced technology stocks to buy according to hedge funds. On May 7, Unity reported Q1 2026 financial results, with total revenue rising 17% year-over-year to $508 million. Total strategic revenue grew 35% to $432 million, driven by a 49% surge in Strategic Grow revenue to $279 million and a 15% increase in Strategic Create revenue to $154 million. Non-strategic revenue declined 34% to $76 million, primarily due to the sunsetting of the ironSource Ad network and the planned divestiture of the Supersonic publishing business.

The company reported a GAAP net loss of $347 million, up from a net loss of $78 million in the prior year’s quarter. This loss includes $279 million in impairment charges tied to the ironSource sunset and Supersonic divestiture. Conversely, Adjusted EBITDA increased significantly to $138 million, expanding its margin to 27%. Net cash provided by operating activities reached $71 million, and free cash flow rose to $66 million.

For Q2 2026, Unity Software Inc. (NYSE:U) expects total revenue between $505 million and $515 million. Strategic revenue is projected to grow 29% to 32% year-over-year to a range of $455 million to $465 million. Additionally, the company forecasts Adjusted EBITDA to land between $130 million and $135 million, representing a year-over-year increase of 44% to 49%.

Unity Software Inc. (NYSE:U) offers a platform used to deploy, develop, and scale games and interactive experiences across personal computers, mobile phones, consoles, and extended reality devices. Its platform provides AI solutions. The company also offers Create Solutions and Grow Solutions.

While we acknowledge the potential of U to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than U and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 9 Best Biotech Penny Stocks to Buy in 2026 and 12 Best AI Stocks Under $50 to Buy Right Now.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

1281292 - 1759070 - 1