Vote of confidence of 2 million: this 12.8% portfolio bet signals conviction in MercadoLibre

Vote of confidence of $112 million: this 12.8% portfolio bet signals conviction in MercadoLibre

On January 29, Coronation Fund Managers revealed a purchase of MercadoLibre (NASDAQ:MELI)adding 53,352 shares in an estimated transaction of $112.06 million based on the quarterly average price. According to a Jan. 29 SEC filing, Coronation Fund Managers increased its stake in MercadoLibre (NASDAQ:MELI) for 53,352 shares during the fourth quarter. The estimated value of the…

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Profit Investment dumps .6 million worth of FirstCash shares in portfolio restructuring

Profit Investment dumps $2.6 million worth of FirstCash shares in portfolio restructuring

Sold 16,257 shares of FirstCash; Estimated trade size: $2.58 million (based on quarterly average price). The value of the position at the end of the quarter decreased by $2.58 million, reflecting the total valuation change, including price movements. After trading, there are no FirstCash shares left in the portfolio (0 shares; value $0) The position…

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Why a new  million bet on Pathward stock signals confidence in a bank that posts .87 earnings per share

Why a new $3 million bet on Pathward stock signals confidence in a bank that posts $7.87 earnings per share

Illinois-based Guardian Wealth Management acquired 40,545 shares of Pathward Financial in the third quarter. The stake was worth about $3 million at the end of the quarter. The new position puts Pathward Financial outside the fund’s top five holdings. These 10 stocks could generate the next wave of millionaires › On November 14, Illinois-based Guardian…

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This semiconductor stock is still 20% off its high, but one fund is betting nearly  million on the stock

This semiconductor stock is still 20% off its high, but one fund is betting nearly $50 million on the stock

Boston-based Portolan Capital Management added 289,844 shares of Semtech in the third quarter. The total value of the position increased by $30.68 million from the previous period. As of September 30, Portolan reported that it owned 668,862 shares of Semtech stock valued at $47.79 million. These 10 stocks could generate the next wave of millionaires…

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