Merge Healthcare Inc. (NASDAQ:MRGE) was in 10 hedge funds’ portfolio at the end of the fourth quarter of 2012. MRGE shareholders have witnessed a decrease in enthusiasm from smart money of late. There were 10 hedge funds in our database with MRGE positions at the end of the previous quarter.
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With all of this in mind, it’s important to take a look at the latest action surrounding Merge Healthcare Inc. (NASDAQ:MRGE).
What does the smart money think about Merge Healthcare Inc. (NASDAQ:MRGE)?
In preparation for this year, a total of 10 of the hedge funds we track were long in this stock, a change of 0% from one quarter earlier. With hedge funds’ positions undergoing their usual ebb and flow, there exists an “upper tier” of notable hedge fund managers who were increasing their stakes significantly.
Of the funds we track, Carl Tiedemann and Michael Tiedemann’s TIG Advisors had the largest position in Merge Healthcare Inc. (NASDAQ:MRGE), worth close to $5.6 million, accounting for 1% of its total 13F portfolio. Sitting at the No. 2 spot is Visium Asset Management, managed by Jacob Gottlieb, which held a $1.1 million position; less than 0.1%% of its 13F portfolio is allocated to the stock. Some other peers with similar optimism include SAC Subsidiary’s CR Intrinsic Investors, Israel Englander’s Millennium Management and Joel Greenblatt’s Gotham Asset Management.
What have insiders been doing with Merge Healthcare Inc. (NASDAQ:MRGE)?
Insider trading activity, especially when it’s bullish, is at its handiest when the company in focus has seen transactions within the past 180 days. Over the latest 180-day time period, Merge Healthcare Inc. (NASDAQ:MRGE) has seen 2 unique insiders buying, and zero insider sales (see the details of insider trades here).
Let’s also examine hedge fund and insider activity in other stocks similar to Merge Healthcare Inc. (NASDAQ:MRGE). These stocks are WebMD Health Corp. (NASDAQ:WBMD), MedAssets, Inc. (NASDAQ:MDAS), Quality Systems, Inc. (NASDAQ:QSII), Streamline Health Solutions Inc. (NASDAQ:STRM), and Computer Programs & Systems, Inc. (NASDAQ:CPSI). All of these stocks are in the healthcare information services industry and their market caps resemble MRGE’s market cap.
