Top 5 Stock Picks of Ben Gordon’s Blue Grotto Capital

2. Perficient, Inc. (NASDAQ:PRFT)

Blue Grotto Capital’s Stake Value: $36.54 million

Percent of 13F Portfolio: 9.67%

Number of Hedge Fund Holders: 18

Perficient, Inc. (NASDAQ:PRFT) is a consulting company that provides IT, management consulting and digital experience solutions.

With 315,833 shares, Perficient, Inc. (NASDAQ:PRFT) accounts for 9.67% of the portfolio of Blue Grotto Capital as of the third quarter of 2021. Insider monkey tracked 18 hedge funds having stakes in Perficient, Inc. (NASDAQ:PRFT), valued at $108 million, in the June quarter of 2021.

Perficient, Inc. (NASDAQ:PRFT) reported an EPS of $0.48 in the third quarter of 2021, missing the market consensus by -$0.03. On October 29, 2021, Barrington kept an “Outperform” rating on Perficient, Inc. (NASDAQ:PRFT) and raised its price target to $150 from $116.