Here’s Why Ebix Inc. (EBIX) Landed in Wasatch Global’s Detractor List Wasatch Global Investors, an investment management firm, published its “Wasatch Small Cap Value Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 15.42% was recorded by the fund’s investor class for the Q1 of 2021, trailing the benchmark, Russell 2000® Value Index, that rose to 21.17% for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021. Wasatch Small Cap Value Fund, in its Q1 2021 investor letter, mentioned Ebix, Inc. (NASDAQ: EBIX), and shared their insights on the company. Ebix, Inc. is an Atlanta, Georgia-based software company that currently has an $868.2 million market capitalization. Since the beginning of the year, EBIX delivered a -26.10% return, while its 12-month gains are up by 57.51%. As of May 11, 2021, the stock closed at $28.06 per share.