5 Stocks to Buy According to Michael Rothenberg’s Moab Capital

3. William Penn Bancorporation (NASDAQ:WMPN)

Moab Capital’s Stake Value: $2.409 million

Percentage of Moab Capital’s 13F Portfolio: 5.87%

Number of Hedge Fund Holders as of Q3 2021: 5

William Penn Bancorporation (NASDAQ:WMPN), headquartered in Pennsylvania, is a bank holding company that provides commercial and retail financial services.

At the end of the third quarter of 2021, Moab Capital held roughly 200,000 shares of William Penn Bancorporation (NASDAQ:WMPN), amounting to over $2.4 million and representing 5.87% of the fund’s total portfolio value. During the third quarter of 2021, Moab Capital raised its stake in William Penn Bancorporation (NASDAQ:WMPN) by 532%, indicating a strong hedge fund sentiment about the stock.  By the end of the third quarter of 2021, 5 hedge funds in the database of Insider Monkey held stakes worth $8.9 million in William Penn Bancorporation (NASDAQ:WMPN), up from $6.8 million in Q2 2021.

In October, Piper Sandler analyst Justin Crowley assumed the coverage of William Penn Bancorporation (NASDAQ:WMPN) with an “Overweight” rating and a price target of $14.50.