5 Small Cap SaaS Stocks Hedge Funds Are Piling Into

2. Everbridge, Inc. (NASDAQ:EVBG)

Number of Hedge Fund Shareholders In Q4 2022: 27

Everbridge, Inc. (NASDAQ:EVBG) enables governments and businesses to respond to untoward events by generating alerts, connecting with emergency responders, and visualizing their responses. The firm is based in Burlington, Massachusetts.

Everbridge, Inc. (NASDAQ:EVBG)’s fiscal fourth quarter of 2022 earnings report which came out in February 2023 saw the firm miss analyst estimates. 27 of the 943 hedge funds surveyed by Insider Monkey during Q4 2022 had bought the company’s shares.

Everbridge, Inc. (NASDAQ:EVBG)’s largest investor is D.E. Shaw’s D E Shaw which owns 1.8 million shares that are worth $54 million.

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