What Makes Vericel Corporation (VCEL) an Investment Bet?
Madison Investments, an investment advisor, released its fourth-quarter 2025 investor letter for “Madison Small Cap Fund”. A copy of the letter can be downloaded here.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | Bayforest Capital Theodoros Tsagaris | 0 | $0 | 0% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $11.50 | 40 | $460.00 | 40 | 2018-03-16 | Filing | |
| $11.57 | 685 | $7,925.45 | 850 | 2018-03-16 | Filing | |
| $11.58 | 165 | $1,910.70 | 165 | 2018-03-16 | Filing | |
| $2.55 | 20,000 | $51,000.00 | 20,000 | 2014-09-16 | Filing | |
| $2.55 | 20,000 | $51,000.00 | 20,000 | 2014-09-16 | Filing |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $35.00 | 3,472 | $121,520.00 | 75,556 | 2026-04-02 | Filing | |
| $32.41 | 15,000 | $486,150.00 | 31,850 | 2026-03-23 | Filing | |
| $35.36 | 15,000 | $530,400.00 | 1,262 | 2026-03-02 | Filing | |
| $34.75 | 6,421 | $223,129.75 | 1,262 | 2026-03-02 | Filing | |
| $35.30 | 10,305 | $363,766.50 | 16,080 | 2026-03-02 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 1,506,918 | $48,477,552 | 0.35% | |
| 2. | 47,962 | $1,542,938 | 0.15% | |
| 3. | 24,036 | $773,238 | 0.01% | |
| 4. | 7,466 | $240,181 | 0.01% | |
| 5. | 1,603 | $51,569 | 0% |