Hedge Funds Are Buying Kadmon Holdings LLC (KDMN)

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Let’s now review hedge fund activity in other stocks – not necessarily in the same industry as Kadmon Holdings LLC (NYSE:KDMN) but similarly valued. We will take a look at Spartan Motors Inc (NASDAQ:SPAR), Jive Software Inc (NASDAQ:JIVE), Dorian LPG Ltd (NYSE:LPG), and UMH Properties, Inc (NYSE:UMH). All of these stocks’ market caps are closest to KDMN’s market cap.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
SPAR 14 49536 1
JIVE 13 48850 -2
LPG 8 56727 -2
UMH 5 28818 1

As you can see these stocks had an average of 10 hedge funds with bullish positions and the average amount invested in these stocks was $46 million. That figure was $97 million in KDMN’s case. Spartan Motors Inc (NASDAQ:SPAR) is the most popular stock in this table. On the other hand UMH Properties, Inc (NYSE:UMH) is the least popular one with only 5 bullish hedge fund positions. Kadmon Holdings LLC (NYSE:KDMN) is not the most popular stock in this group but hedge fund interest is still above average. This is a slightly positive signal but we’d rather spend our time researching stocks that hedge funds are piling on. In this regard SPAR might be a better candidate to consider taking a long position in.

Disclosure: None


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