5 Popular Penny Stocks on Robinhood

3. S&W Seed Company (NASDAQ:SANW)

Number of Hedge Fund Holders: 3    

S&W Seed Company (NASDAQ:SANW) is an agricultural company that engages in breeding, growing, processing, and selling alfalfa and sorghum seeds. On November 9, S&W Seed Company (NASDAQ:SANW) posted earnings for the first fiscal quarter, reporting a revenue of more than $16 million. 

At the end of the third quarter of 2023, 3 hedge funds in the database of Insider Monkey held stakes worth $4.9 million in S&W Seed Company (NASDAQ:SANW), compared to 5 in the previous quarter worth $5.2 million.