5 Cash-Rich Small Cap Stocks To Invest In

3. Meritage Homes Corporation (NYSE:MTH)

Number of Hedge Fund Investors During Q3 2023: 33

Cash & Equivalents: $861 million

Meritage Homes Corporation (NYSE:MTH) is an American home builder headquartered in Scottsdale, Arizona. The firm’s latest financial results impressed Deutsche Bank as it kept a Buy rating on the shares and increased the share price target to $184 in November 2023.

During this year’s September quarter, 33 out of the 910 hedge funds profiled by Insider Monkey had bought Meritage Homes Corporation (NYSE:MTH)’s shares. Ken Fisher’s Fisher Asset Management was the largest investor through its $129 million stake.

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