These 5 Small-Cap Stocks Have Bares Capital’s Attention

Colfax Corp (NYSE:CFX)

– Shares Owned by Bares Capital (as of June 30): 4.13 million

– Value of Bares Capital’s Holding (as of June 30): $109.26 million

Bares Capital cut its position in Colfax Corp (NYSE:CFX) by 44% during the quarter ended June 30, cutting its holding to 4.13 million shares. In June, Colfax appointed Christopher Hix as the new CFO of the company. Mr. Hix had previously served as the CFO of both OM Group, Inc. (NYSE:OMG) and Robbins & Myers, Inc. (NYSE:RBN). Citigroup recently boosted its price target on Colfax to $26 from $25 but has a ‘Sell’ rating on its shares, which currently change hands at $30.88. Among the other notable hedge funds tracked by Insider Monkey, Charles Akre’s Akre Capital Management owns about 6.1 million shares of Colfax Corp (NYSE:CFX), trimming its stake by 20% during the second quarter.

Platform Specialty Products Corp (NYSE:PAH)

– Shares Owned by Bares Capital (as of June 30): 12.79 million

– Value of Bares Capital’s Holding (as of June 30): $113.54 million

Bares Capital upped its stake in Platform Specialty Products Corp (NYSE:PAH) by 836,225 shares of the chemicals production company during the second quarter. Earlier this month, Platform Specialty Products missed analysts’ estimates with its second quarter earnings, but surpassed top-line forecasts. The firm’s diluted loss per share stood at $0.04 for the quarter, while sales checked in at $922 million, up by 36.5% year-over-year. Shares have rebounded from a brutal January but still trade down by 29% this year. Eli Cohen’s Crescent Park Management owns 1.63 million shares of Platform Specialty Products Corp (NYSE:PAH) as of June 30, unchanged over the second quarter.

Interactive Intelligence Group Inc (NASDAQ:ININ)

– Shares Owned by Bares Capital (as of June 30): 2.86 million

– Value of Bares Capital’s Holding (as of June 30): $117.38 million

The Texas-based investment firm reduced its stake in Interactive Intelligence Group Inc (NASDAQ:ININ) by 2% in the second quarter, to 2.86 million shares valued at $117.38 million. Earlier this month, several sources reported that California-based call-center software company, Genesys, was in talks to acquire Interactive Intelligence. That news comes after Reuters reported late last month that the Indianapolis-based software and cloud-services company had hired Union Square Advisors as a strategic investment firm, which caused shares to spike. Its shares have gained a robust 89% this year. Interactive Intelligence Group Inc (NASDAQ:ININ) reported $109 million worth of sales for the second quarter, a 13% increase on a year-over-year basis. Michael Murphy and Daniel Donoghue’s Discovery Group owns 668,756 Interactive Intelligence shares as of June 30.

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