In this article, we discuss 5 micro-cap stocks to buy according to Catherine Wood. You can see more of Wood’s favorite micro-cap stocks by clicking 10 Micro-Cap Stocks To Buy According To Cathie Wood.
5. Conformis, Inc. (NASDAQ:CFMS)
Percentage of ARK Investment Management’s 13F Portfolio: 0.03%
ARK Investment Management’s Stake Value: $8.13 million
Number of Hedge Fund Holders: 9
Market Capitalization: $65.37 million
Conformis, Inc. (NASDAQ:CFMS) is a leading medical device company that features personalized knee and hip replacement products. It was founded in 2004 to provide dramatic advancements in patient care by utilizing imaging technology to create personalized, patient-specific implants and instrumentation. Securities filings for Q1 2022 reveal that Cathie Wood’s ARK Investment Management owned 13.03 million shares of Conformis, Inc. (NASDAQ:CFMS), worth $8.13 million.
John Overdeck and David Siegel’s Two Sigma Advisors holds one of the leading positions in Conformis, Inc. (NASDAQ:CFMS) as of March 2022, with 2.87 million shares worth $3.8 million. Overall, 9 hedge funds in the database of Insider Monkey were bullish on Conformis, Inc. (NASDAQ:CFMS) in the first quarter, down from 10 funds in the prior quarter.