Published on 9 May 2021 on Insider Monkey via Yahoo Finance

Is Inovalon Holdings Inc. (INOV) A Smart Long-Term Buy?

Bernzott Capital Advisors, an investment management firm, published its first quarter 2021 investor letter – a copy of which can be downloaded here. A net return of 10.27% was recorded by the fund for the Q1 of 2021, below the Russell 2000 Value and Russell 2500 Value Index that delivered a 21.17% and 16.83% returns respectively for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.

Bernzott Capital Advisors, in their Q1 2021 investor letter, mentioned Inovalon Holdings, Inc. (NASDAQ: INOV), and shared their insights on the company. Inovalon Holdings, Inc. is a Bowie, Maryland-based technology company that currently has a $4.8 billion market capitalization. Since the beginning of the year, INOV delivered a 69.51% return, extending its 12-month gains to 88.96%. As of May 05, 2021, the stock closed at $30.80 per share.

Here is what Bernzott Capital Advisors has to say about Inovalon Holdings, Inc. in their Q1 2021 investor letter: