Published on 12 Jan 2022 on Insider Monkey via Yahoo Finance
Hedge Funds Are Crazy About SMART Global Holdings, Inc. (SGH)
We at Insider Monkey have gone over 867 13F filings that hedge funds and prominent investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of September 30th. In this article, we look at what those funds think of SMART Global Holdings, Inc. (NASDAQ:SGH) based on that data.
Is SMART Global Holdings, Inc. (NASDAQ:SGH) undervalued? Money managers were betting on the stock. The number of long hedge fund bets rose by 1 lately. SMART Global Holdings, Inc. (NASDAQ:SGH) was in 21 hedge funds' portfolios at the end of the third quarter of 2021. The all time high for this statistic was previously 20. This means the bullish number of hedge fund positions in this stock currently sits at its all time high. Our calculations also showed that SGH isn't among the 30 most popular stocks among hedge funds (click for Q2 rankings). There were 20 hedge funds in our database with SGH positions at the end of the second quarter.
