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Hedge Funds Are Crazy About Xeris Pharmaceuticals, Inc. (XERS)

Hedge Funds Are Crazy About Xeris Pharmaceuticals, Inc. (XERS)

The latest 13F reporting period has come and gone, and 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. Since the end of March, investors decided to bet on the economic recovery and a stock market rebound. S&P 500 Index returned more than 50% since its bottom. In this article you are going to find out whether hedge funds thought Xeris Pharmaceuticals, Inc. (NASDAQ:XERS)¬†was a good investment heading into the third quarter and how the stock traded in comparison to the top hedge fund picks.

Is Xeris Pharmaceuticals, Inc. (NASDAQ:XERS) an attractive stock to buy now? Investors who are in the know were getting more bullish. The number of long hedge fund bets inched up by 10 in recent months. Xeris Pharmaceuticals, Inc. (NASDAQ:XERS) was in 20 hedge funds’ portfolios at the end of June. The all time high for this statistics is 10. This means the bullish number of hedge fund positions in this stock currently sits at its all time high. Our calculations also showed that XERS 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). Video: Watch our video about the top 5 most popular hedge fund stocks.

To the average investor there are a large number of methods stock market investors have at their disposal to analyze publicly traded companies. A pair of the most underrated methods are hedge fund and insider trading indicators. Our researchers have shown that, historically, those who follow the top picks of the top

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