12 Cash-Rich Penny Stocks To Buy According To Hedge Funds

Page 7 of 10

4. Sabre Corporation (NASDAQ:SABR)

TTM Operating Cash Flow as of December 31, 2024: $70,594,000

Number of Hedge Fund Holders: 31

Share Price as of March 4: $3.93

Sabre Corporation (NASDAQ:SABR) is a Texas-based global travel technology company that connects airlines, hotels, and travel agencies through its software solutions. It offers reservation systems, data insights, and hotel management tools. On March 4, Sabre Corporation and Coforge Limited announced that they are taking their partnership to the next level with a multi-year deal focused on speeding up product development and rolling out more AI-powered solutions. Together, the companies aim to deliver faster innovation and smarter technology in the travel space. It is one of the best cash-rich stocks to invest in.

Sabre Corporation (NASDAQ:SABR) posted $715 million in Q4 revenue, up 4% from 2023, driven by strong Travel and Hospitality Solutions performance. The company launched SabreMosaic, secured significant deals with Virgin Australia and Riyadh Air, and strengthened its airline and agency partnerships. It also met its Hospitality Solutions Adjusted EBITDA target and refinanced $1.9 billion in debt. Free cash flow for Q4 was $67 million, compared to $77 million in the third quarter of 2023.

According to Insider Monkey’s Q4 data, 31 hedge funds were bullish on Sabre Corporation (NASDAQ:SABR), compared to 25 funds in the prior quarter. Terry Smith’s Fundsmith LLP was the biggest stakeholder of the company, with 21.5 million shares worth $78.4 million.

Page 7 of 10