Top 5 Stock Picks of Prescott Group Capital Management

4. New Oriental Education & Technology Group Inc. (NYSE:EDU)

Prescott Group Capital Management Stake Value: $9,389,000
Percentage of Prescott Group Capital Management’s 13F Portfolio: 2.57%
Number of Hedge Fund Holders: 32

New Oriental Education & Technology Group Inc. (NYSE:EDU), or simply New Oriental, is a Chinese company that provides private educational services. Yiheng Capital, with approximately 39.42 million shares worth $80.82 million, is the largest shareholder in New Oriental Education & Technology Group Inc. (NYSE:EDU) as of Q3 2021.

New Oriental Education & Technology Group Inc. (NYSE:EDU) is a new addition in Phil Frohlich’s third quarter portfolio, as Prescott Group Capital Management bought 4.58 million shares of the company, worth $9.39 million.

New Oriental Education & Technology Group Inc. (NYSE:EDU) recently saw a decrease in hedge fund sentiment. The number of long hedge fund positions declined to 32 at the end of the third quarter, compared to 39 positions in the previous quarter.