Published on 12 Dec 2021 on Insider Monkey via Yahoo Finance

Hedge Funds Are Buying Verra Mobility Corporation (VRRM)

The Insider Monkey team has completed processing the quarterly 13F filings for the September quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as to maintain the desired risk profile. As a result, the relevancy of these public filings and their content is indisputable, as they may reveal numerous high-potential stocks. The following article will discuss the smart money sentiment towards Verra Mobility Corporation (NASDAQ:VRRM).

Is Verra Mobility Corporation (NASDAQ:VRRM) worth your attention right now? Money managers were in a bullish mood. The number of long hedge fund bets moved up by 3 recently. Verra Mobility Corporation (NASDAQ:VRRM) was in 25 hedge funds' portfolios at the end of September. The all time high for this statistic is 33. Our calculations also showed that VRRM isn't among the 30 most popular stocks among hedge funds (click for Q3 rankings).

At Insider Monkey, we scour multiple sources to uncover the next great investment idea. For example, lithium prices have more than doubled over the past year, so we go through lists like the 10 best EV stocks to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. Now let's take a glance at the key hedge fund action regarding Verra Mobility Corporation (NASDAQ:VRRM).