Frederick DiSanto’s Ancora Advisors Is Investing In These 5 Stocks

2. Forward Air Corporation (NASDAQ:FWRD)

Ancora Advisors’ Stake Value: $165.6 million
Percentage of Ancora Advisors’ 13F Portfolio: 4.33%
Number of Hedge Fund Holders: 19

Forward Air Corporation (NASDAQ:FWRD) is a Tennessee-based leading provider of time-definite surface transportation and related logistics services across North America.

According to the 13F filings for the second quarter of 2021, Frederick DiSanto’s hedge fund holds over 1.85 million shares of Forward Air Corporation (NASDAQ:FWRD). These shares are valued at $165.6 million and account for 4.33% of his fund’s investment portfolio.

Chuck Royce of Royce & Associates is one of the biggest stakeholders of Forward Air Corporation (NADSAQ:FWRD) as of the end of the second quarter, according to the data tracked by Insider Monkey. Overall, 19 funds were bullish on the company by the end of the June quarter, compared to 13 in the previous quarter.

On October 29, Baird analyst Garrett Holland raised his price target on Forward Air Corporation (NASDAQ:FWRD) to $110 from $100, and maintained an Outperform rating on the shares.