Published on 17 Nov 2020 on Insider Monkey via Yahoo Finance

Loral Space & Communications Inc (LORL): Hedge Fund Sentiment Unchanged

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 823 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of June 30th, when the S&P 500 Index was trading around the 3100 level. Stocks kept going up since then. In this article we look at how hedge funds traded Loral Space & Communications Inc (NASDAQ:LORL) and determine whether the smart money was really smart about this stock.

Hedge fund interest in Loral Space & Communications Inc (NASDAQ:LORL) shares was flat at the end of last quarter. This is usually a negative indicator. Our calculations also showed that LORL isn't among the 30 most popular stocks among hedge funds (click for Q2 rankings and see the video for a quick look at the top 5 stocks). At the end of this article we will also compare LORL to other stocks including National Energy Services Reunited Corp. (NASDAQ:NESR), Talos Energy, Inc. (NYSE:TALO), and Forrester Research, Inc. (NASDAQ:FORR) to get a better sense of its popularity.