5 Best Quality Penny Stocks to Buy

4. Puma Biotechnology, Inc. (NASDAQ:PBYI)

Number of Hedge Fund Holders: 14

California-based Puma Biotechnology, Inc. (NASDAQ:PBYI)  shares have gained about 23% year to date through July 30. In May Puma Biotechnology, Inc. (NASDAQ:PBYI) posted Q1 results. Adjusted EPS in the quarter came in at $0.09. Revenue in the period jumped 15.5% year over year to $52.8 million.

Out of the 943 hedge funds tracked by Insider Monkey, 14 hedge funds held stakes in Puma Biotechnology, Inc. (NASDAQ:PBYI). The biggest hedge fund stakeholder of Puma Biotechnology, Inc. (NASDAQ:PBYI) was Kamran Moghtaderi’s Eversept Partners which had a $6 million stake in the company.