Granahan Investment Management Inc/ma, an asset management firm based in the United States, recently announced that it had increased its portfolio allocation in INDI by 43.28% over the last quarter. The firm holds 4,517,864 shares of INDI, representing 14.10% ownership of the company.
The firm has been increasing its portfolio allocation in INDI since the first quarter of this year. In the previous quarter, Granahan Investment Management Inc/ma held 1,638,103 shares of INDI, representing 5.09% ownership of the company. The portfolio allocation in INDI has seen a steady increase quarter after quarter, which shows the firm’s commitment to investing in the company.
Granahan Investment Management, Inc. (GIM) was founded in 1985, and specializes in small cap equity Investment. The firm has broad employee ownership and currently manages $3.4 billion in assets. The firm’s portfolio consists of stocks of companies from varying industries and sectors, such as technology, healthcare, financial services, energy, and consumer products.
The firm has also been increasing its stake in other companies, such as Lovesac. In the most recent quarter, Granahan Investment Management LLC increased its stake in Lovesac by 8.48%, and now holds 821,468 shares of the company.
Assenagon Asset Management S.A. acquired a new stake in AXT in the second quarter, valued at approximately $154,000. Granahan Investment Management LLC now owns 2,524,087 shares of the company's stock, valued at $36,019,000.
Granahan Investment Management LLC also acquired an additional 37,078 shares of the business services provider during the most recent quarter. After making additional purchases totaling 573,227 shares during the most recent fiscal quarter, Granahan Investment Management LLC now has 2,114,382 shares of the business services provider's stock valued at $36,198,000.
Granahan Investment Management, Inc. (GIM) is a specialist in small cap equity Investment and currently manages $5.8 billion in assets. The firm’s portfolio consists of stocks of companies from various industries and sectors, such as technology, healthcare, financial services, energy, and consumer products.
The firm’s commitment to investing in companies like INDI shows the firm’s dedication to maximizing shareholder value. Granahan Investment Management Inc/ma continues to monitor its portfolio allocation in INDI, and will make changes as necessary to ensure the best possible returns for its investors.
