Technology Sector Ideas

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>>> StoneCo Ltd. (NASDAQ:STNE)

Number of Hedge Fund Holders: 35


https://www.insidermonkey.com/blog/5-best-low-priced-technology-stocks-to-invest-in-1136108/


If we could mention just one thing to get your attention to this low-priced tech stock, it’s that the Oracle of Omaha Warren Buffett has a $101 million stake in StoneCo Ltd. (NASDAQ:STNE). Overall, 35 hedge funds tracked by Insider Monkey had stakes in StoneCo Ltd. (NASDAQ:STNE) as of the end of the fourth quarter of 2022. The total value of these hedge funds’ stakes was $635 million. Buffett isn’t the only famous stakeholder StoneCo Ltd. (NASDAQ:STNE). Point72 Asset Management of Steve Cohen and Citadel Investment Group of Ken Griffin also have huge stakes in StoneCo Ltd. (NASDAQ:STNE).

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>>> StoneCo Ltd. (STNE) provides financial technology solutions to merchants and integrated partners to conduct electronic commerce across in-store, online, and mobile channels in Brazil. It distributes its solutions, principally through proprietary Stone Hubs, which offer hyper-local sales and services; and technology and solutions to digital merchants through sales and technical personnel and software vendors, as well as sells solutions to brick-and-mortar and digital merchants through sales team. As of December 31, 2021, the company served approximately 1,766,100 clients primarily small-and-medium-sized businesses; and marketplaces, e-commerce platforms, and integrated software vendors. StoneCo Ltd. was founded in 2000 and is headquartered in George Town, the Cayman Islands. <<<


https://finance.yahoo.com/quote/STNE/profile?p=STNE


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