5 Best-Performing Stocks in 2021

1. Atlantic Capital Bancshares, Inc. (NASDAQ: ACBI)

Number of Hedge Fund Holders: 16 

Year-to-Date  Gains: 77%

Atlantic Capital Bancshares, Inc. (NASDAQ: ACBI) is a Georgia-based bank holding company. It was founded in 2006 and is ranked first on our list of 10 best-performing stocks in 2021. The company’s shares have returned more than 77% to investors year-to-date. Some of the services the company markets include non-interest and interest bearing demand, savings and money market, time, and brokered deposits, among others. It has a market cap of over $570 million and posted close to $80 million in annual revenue in 2020.

On April 22, Atlantic Capital Bancshares, Inc. (NASDAQ: ACBI) posted earnings results for the first three months of 2021, reporting earnings per share of $0.65, beating market predictions by $0.23. The revenue for the period was over $27 million, up 16.7% year-on-year. 

At the end of the first quarter of 2021, 16 hedge funds in the database of Insider Monkey held stakes worth $74 million in Atlantic Capital Bancshares, Inc. (NASDAQ: ACBI), up from 14 in the preceding quarter worth $50 million. 

You can also take a peek at 10 Blue Chip Dividend Stocks Hedge Funds Are Buying and 14 Best European Dividend Stocks To Buy.

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