Is DSP Group, Inc. (DSPG) Going to Burn These Hedge Funds?

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DSP Group, Inc. (NASDAQ:DSPG)

Keeping this in mind, it’s important to analyze the latest info about DSP Group, Inc. (NASDAQ:DSPG).

What have hedge funds been doing with DSP Group, Inc. (NASDAQ:DSPG)?

In preparation for the third quarter, a total of 9 of the hedge funds we track were bullish in this stock, a change of 13% from the previous quarter. With hedge funds’ capital changing hands, there exists a select group of notable hedge fund managers who were boosting their holdings considerably.

According to our 13F database, Starboard Value LP, managed by Jeffrey Smith, holds the largest position in DSP Group, Inc. (NASDAQ:DSPG). Starboard Value LP has a $18.5 million position in the stock, comprising 1.3% of its 13F portfolio. The second largest stake is held by Brett Hendrickson of Nokomis Capital, with a $8.3 million position; the fund has 3.4% of its 13F portfolio invested in the stock. Remaining peers with similar optimism include Jim Roumell’s Roumell Asset Management, Jim Simons’s Renaissance Technologies and D. E. Shaw’s D E Shaw.

As aggregate interest spiked, specific money managers were leading the bulls’ herd. Starboard Value LP, managed by Jeffrey Smith, assembled the biggest position in DSP Group, Inc. (NASDAQ:DSPG). Starboard Value LP had 18.5 million invested in the company at the end of the quarter. Brett Hendrickson’s Nokomis Capital also made a $8.3 million investment in the stock during the quarter. The following funds were also among the new DSPG investors: Jim Roumell’s Roumell Asset Management, Jim Simons’s Renaissance Technologies, and D. E. Shaw’s D E Shaw.

What do corporate executives and insiders think about DSP Group, Inc. (NASDAQ:DSPG)?

Insider buying is particularly usable when the company in question has experienced transactions within the past 180 days. Over the last half-year time period, DSP Group, Inc. (NASDAQ:DSPG) has seen zero unique insiders purchasing, and zero insider sales (see the details of insider trades here).

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