Published on 19 Jun 2024 on Insider Monkey · via Yahoo Finance
Wasatch Global Investors, an asset management company, released its “Wasatch Micro Cap Value Strategy” first-quarter 2024 investor letter. A copy of the letter can be downloaded here. During the first quarter, the strategy outperformed the benchmark Russell Microcap Index which rose 4.68%. Most of the portfolio holdings of the strategy met or exceeded earnings and revenue expectations in the quarter. Investor sentiments gradually improved as the quarter went on. In addition, you can check the top 5 holdings of the fund to know its best picks in 2024.
Wasatch Micro Cap Value Strategy highlighted stocks like Franklin Covey Co. (NYSE:FC), in the first quarter 2024 investor letter. Franklin Covey Co. (NYSE:FC) offers training and consultation services in organizational performance improvement areas. The one-month return of Franklin Covey Co. (NYSE:FC) was -8.42%, and its shares gained 0.51% of their value over the last 52 weeks. On June 10, 2024, Franklin Covey Co. (NYSE:FC) stock closed at $35.37 per share with a market capitalization of $469.218 million.