Is PFSweb, Inc. (PFSW) A Good Stock To Buy?

Page 2 of 2

Since PFSweb, Inc. (NASDAQ:PFSW) has sustained bearish sentiment from the smart money, we can see that there is a sect of money managers that slashed their full holdings in the third quarter. Interestingly, Peter Algert and Kevin Coldiron’s Algert Coldiron Investors dropped the largest stake of the 700 funds followed by Insider Monkey, worth about $0.3 million in stock, and Gavin Saitowitz and Cisco J. del Valle’s Springbok Capital was right behind this move, as the fund cut about $0 million worth of shares.

Let’s now take a look at hedge fund activity in other stocks similar to PFSweb, Inc. (NASDAQ:PFSW). These stocks are Jamba, Inc. (NASDAQ:JMBA), Maxwell Technologies Inc. (NASDAQ:MXWL), Premier Financial Bancorp, Inc. (NASDAQ:PFBI), and Advanced Emissions Solutions, Inc. (NASDAQ:ADES). This group of stocks’ market valuations are closest to PFSW’s market valuation.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
JMBA 7 56461 -1
MXWL 4 7462 -2
PFBI 4 4963 0
ADES 7 44924 7

As you can see these stocks had an average of 5.5 hedge funds with bullish positions and the average amount invested in these stocks was $28 million. That figure was $14 million in PFSW’s case. Jamba, Inc. (NASDAQ:JMBA) is the most popular stock in this table. On the other hand Maxwell Technologies Inc. (NASDAQ:MXWL) is the least popular one with only 4 bullish hedge fund positions. Compared to these stocks PFSweb, Inc. (NASDAQ:PFSW) 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.

Suggested Articles:
Dumbest Countries In the World
Most Beautiful States In The US
Largest Stock Exchanges In The World




Page 2 of 2