Should You Buy Zix Corporation (ZIXI)?

As industrywide interest jumped, key money managers have been driving this bullishness. Paul Marshall and Ian Wace of Marshall Wace LLP assembled the most valuable position in Zix Corporation (NASDAQ:ZIXI). Marshall Wace LLP had $1 million invested in the company at the end of the quarter. Dov Gertzulin’s DG Capital Management also made a $0.7 million investment in the stock during the quarter.

Let’s now review hedge fund activity in other stocks similar to Zix Corporation (NASDAQ:ZIXI). These stocks are Invivo Therapeutics Holdings Corp (NASDAQ:NVIV), Diana Shipping Inc. (NYSE:DSX), USA Technologies, Inc. (NASDAQ:USAT), and Old Line Bancshares, Inc. (MD) (NASDAQ:OLBK). This group of stocks’ market caps match ZIXI’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 $12 million. That figure was $27 million in ZIXI’s case. USA Technologies, Inc. (NASDAQ:USAT) is the most popular stock in this table. On the other hand Old Line Bancshares, Inc. (MD) (NASDAQ:OLBK) is the least popular one with only 3 bullish hedge fund positions. Compared to these stocks Zix Corporation (NASDAQ:ZIXI) 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