Wasatch Micro Cap: “Pennant (PNTG) Will Show Improvement in the Coming Quarters”
Wasatch Global Investors, an investment management firm, published its “Wasatch Micro Cap Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 10.95% was recorded by the fund for the Q1 of 2021, trailing the benchmark, Russell Microcap Index, which rose 23.89% for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Wasatch Micro Cap, in its Q1 2021 investor letter, mentioned The Pennant Group, Inc. (NASDAQ: PNTG), and shared their insights on the company. The Pennant Group, Inc. is an Idaho, United States-based home health care services company that currently has a $1.09 billion market capitalization. Since the beginning of the year, PNTG delivered a -35.11% return, while its 12-month gains are up by 115.78%. As of May 07, 2021, the stock closed at $38.38 per share.
Five9 Inc. (FIVN) Performed Poorly, Became a Detractor in Wasatch Global’s Q1 Portfolio
Wasatch Global Investors, an investment management firm, published its “Wasatch Core Growth Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 5.59% was recorded by the fund for the Q1 of 2021, trailing the benchmark, Russell 2000 Index, that increased 12.70% and the Russell 2000 Growth Index that rose 4.88% for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Wasatch Global Investors, in its Q1 2021 investor letter, mentioned Five9, Inc. (NASDAQ: FIVN), and shared their insights on the company. Five9, Inc. is a San Ramon, California-based software company that currently has an $11.4 billion market capitalization. Since the beginning of the year, FIVN delivered a -2.44% return, while its 12-month gains are up by 61.76%. As of May 07, 2021, the stock closed at $170.14 per share.
Here’s Why Silk Road Medical Inc. (SILK) Landed in Wasatch Micro Cap’s Detractor List
Wasatch Global Investors, an investment management firm, published its “Wasatch Micro Cap Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 10.95% was recorded by the fund for the Q1 of 2021, trailing the benchmark, Russell Microcap Index, which rose 23.89% for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Wasatch Micro Cap, in its Q1 2021 investor letter, mentioned Silk Road Medical, Inc. (NASDAQ: SILK), and shared their insights on the company. Silk Road Medical, Inc. is a Sunnyvale, California-based surgical equipment producer that currently has a $1.7 billion market capitalization. Since the beginning of the year, SILK delivered a -18.53% return, while its 12-month gains are up by 35.74%. As of May 07, 2021, the stock closed at $51.31 per share.
Here’s Why Ligand Pharmaceuticals (LGND) Became Wasatch Global’s Q1 2021 Top Contributor
Wasatch Global Investors, an investment management firm, published its “Wasatch Core Growth Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 5.59% was recorded by the fund for the Q1 of 2021, trailing the benchmark, Russell 2000 Index, that increased 12.70% and the Russell 2000 Growth Index that rose 4.88% for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Wasatch Global Investors, in its Q1 2021 investor letter, mentioned Ligand Pharmaceuticals Incorporated (NASDAQ: LGND), and shared their insights on the company. Ligand Pharmaceuticals Incorporated is a San Diego, California-based biopharmaceutical company that currently has a $2.1 billion market capitalization. Since the beginning of the year, LGND delivered a 31.34% return, while its 12-month gains are up by 26.77%. As of May 07, 20
Here’s Why Wasatch Global Investors Sold its Planet Fitness Inc. (PLNT) Position
Wasatch Global Investors, an investment management firm, published its “Wasatch Core Growth Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 5.59% was recorded by the fund for the Q1 of 2021, trailing the benchmark, Russell 2000 Index, that increased 12.70% and the Russell 2000 Growth Index that rose 4.88% for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Wasatch Global Investors, in its Q1 2021 investor letter, mentioned Planet Fitness, Inc. (NYSE: PLNT), and shared their insights on the company. Planet Fitness, Inc. is a Hampton, New Hampshire-based fitness company that currently has a $6.6 billion market capitalization. Since the beginning of the year, PLNT delivered a -0.63% return, while its 12-month gains are up by 32.77%. As of May 07, 2021, the stock closed at $77.14 per share.