5 Growth Stocks Under $20 in Billionaire Ken Fisher’s Portfolio

2. Ironwood Pharmaceuticals, Inc. (NASDAQ:IRWD)

Number of Hedge Fund Holders: 27

Price as of December 5, 2021: $10.98 per share  

Ironwood Pharmaceuticals, Inc. (NASDAQ:IRWD) is a Boston-based healthcare company. Fisher Asset Management owned 85,918 shares in the firm at the end of September 2021 worth $1.1 million. 

Ironwood Pharmaceuticals, Inc. (NASDAQ:IRWD) posted earnings for the third quarter in early November, reporting earnings per share of $0.33, beating market estimates by $0.01. The revenue over the period was $103 million, up 0.3% year-on-year. 

At the end of the third quarter of 2021, 27 hedge funds in the database of Insider Monkey held stakes worth $442 million in Ironwood Pharmaceuticals, Inc. (NASDAQ:IRWD), down from 28 the preceding quarter worth $498 million.