Inspire Investing LLC Makes Big Investments in Several Companies

Institutional investors and hedge funds have been making big investments in several companies lately, and Inspire Investing LLC has been leading the way. The firm increased its stake in OSI Systems by 15.9%, lifted its stake in RBC Bearings by 3.8%, and initiated a new position in Genpact Limited during the third quarter.

Inspire Investing LLC also increased the percentage of ownership it had in LendingTree, INC during the third quarter by 74.9%, increased the number of shares of Masonite International Co that it owned during the same time period, and purchased a new stake in shares of Essent Group Ltd during the third quarter.

Riley Financial, Inc. was the target of a recent stake buy by Inspire Investing LLC during the third quarter of 2018. Mhis investment is part of a larger trend of institutional investors and hedge funds investing in various companies.

Inspire Investing LLC now owns 29,255 shares of biotechnology company's stock worth $212,000 after buying an additional 11,125 shares in the third quarter. PFS Investments Inc. now owns 1,220 shares of the company's stock worth $67,000 after buying an additional 10,000 shares in the same period.

These investments signify the confidence that Institutional investors and hedge funds have in the companies that they are investing in. As Inspire Investing LLC continues to make big investments in several companies, it will be interesting to see the effects of their decision on the overall market.