Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Is Xcerra Corp (XCRA) A Good Stock To Buy?

We at Insider Monkey have gone over 700 13F filings that hedge funds and prominent investors are required to file by the government. The 13F filings show the funds’ and investors’ portfolio positions as of September 30. In this article, we look at what those funds think of Xcerra Corp (NASDAQ:XCRA) based on that data.

Is Xcerra Corp (NASDAQ:XCRA) a buy, sell, or hold? Money managers are in a bearish mood. The number of bullish hedge fund bets decreased by 3 recently. At the end of this article we will also compare XCRA to other stocks including Arrowhead Research Corp (NASDAQ:ARWR), Ocean Rig UDW Inc (NASDAQ:ORIG), and Martha Stewart Living Omnimedia, Inc. (NYSE:MSO) to get a better sense of its popularity.

Follow Xcerra Corp (NASDAQ:XCRA)
Trade (NASDAQ:XCRA) Now!

To the average investor there are a multitude of signals stock traders employ to grade publicly traded companies. A couple of the most innovative signals are hedge fund and insider trading indicators. We have shown that, historically, those who follow the best picks of the best hedge fund managers can outperform the broader indices by a very impressive amount (see the details here).

With all of this in mind, we’re going to take a look at the recent action encompassing Xcerra Corp (NASDAQ:XCRA).

What have hedge funds been doing with Xcerra Corp (NASDAQ:XCRA)?

At the end of the third quarter, a total of 19 of the hedge funds tracked by Insider Monkey held long positions in this stock, a change of -14% from one quarter earlier. With hedge funds’ capital changing hands, there exists a select group of notable hedge fund managers who were boosting their stakes considerably (or already accumulated large positions).

According to Insider Monkey’s hedge fund database, Royce & Associates, managed by Chuck Royce, holds the biggest position in Xcerra Corp (NASDAQ:XCRA). Royce & Associates has a $18.7 million position in the stock, comprising 0.1% of its 13F portfolio. On Royce & Associates’s heels is Nokomis Capital, led by Brett Hendrickson, holding a $15.9 million position; 4.6% of its 13F portfolio is allocated to the stock. Remaining hedge funds and institutional investors that are bullish contain Jim Simons’ Renaissance Technologies, Ari Zweiman’s 683 Capital Partners and Cliff Asness’ AQR Capital Management.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
This is a FREE report from Insider Monkey. Credit Card is NOT required.