5 High Growth UK Stocks to Buy

4. Wejo Group Limited (NASDAQ:WEJO)

Q/Q Sales Growth: 632%

Number of Hedge Fund Holders in Q4 2022: 14

Wejo Group Limited (NASDAQ:WEJO) is a software company headquartered in Manchester. The firm provides a platform that lets users share connected vehicle data.

Wejo Group Limited (NASDAQ:WEJO) earned $2.5 million in revenue during 2022’s third quarter, which let it post a 632% annual net sales growth over 2021’s September quarter. The firm is currently on a 180 day notice from the NASDAQ for a potential delisting since its shares are trading below $1. After scouring through 943 hedge fund portfolios for last year’s fourth quarter, Insider Monkey discovered that 14 had held a stake in the company

Wejo Group Limited (NASDAQ:WEJO)’s largest shareholder is Ben Levine, Andrew Manuel, and Stefan Renold’s LMR Partners which owns 2.6 million shares that are worth $1.2 million.

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