How YuMe Inc (YUME) Stacks Up Against Its Peers

We already know that not all hedge funds are bullish on the stock and some hedge funds actually sold off their positions entirely. Interestingly, David E. Shaw’s D E Shaw sold off the biggest investment of the “upper crust” of funds tracked by Insider Monkey, valued at close to $0.4 million in stock, and Gavin Saitowitz and Cisco J. del Valle’s Springbok Capital was right behind this move, as the fund sold off a small position.

Let’s go over hedge fund activity in other stocks – not necessarily in the same industry as YuMe Inc (NYSE:YUME) but similarly valued. We will take a look at Pure Cycle Corporation (NASDAQ:PCYO), Points International Ltd (USA) (NASDAQ:PCOM), Ampco-Pittsburgh Corp. (NYSE:AP), and TrovaGene Inc (NASDAQ:TROV). This group of stocks’ market caps match YUME’s market cap.

As you can see these stocks had an average of 5 hedge funds with bullish positions and the average amount invested in these stocks was $28 million. That figure was $14 million in YUME’s case. Pure Cycle Corporation (NASDAQ:PCYO) is the most popular stock in this table. On the other hand Ampco-Pittsburgh Corp. (NYSE:AP) is the least popular one with only 4 bullish hedge fund positions. Compared to these stocks YuMe Inc (NYSE:YUME) is more popular among hedge funds. Considering that hedge funds are fond of this stock in relation to its market cap peers, it may be a good idea to analyze it in detail and potentially include it in your portfolio.

Disclosure: None