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Voss Capital made two significant contrarian moves last quarter, and they're worth your attention. The firm dropped roughly one hundred million dollars into Choice Hotels, picking up nearly one million shares even as the stock sits fifteen percent below where it was trading a year ago. That's a conviction bet on a hospitality name that the broader market has been cooling on.
Voss didn't stop there. The same fund added over seven hundred thousand shares of Stride, the online education company, committing nearly fifty-eight million dollars to a stock that has shed forty percent over the past year. When a single manager makes two large counter-trend purchases in the same quarter, that's a signal worth watching, not dismissing.
Shifting to a smaller but sharper trade, Needham Investment Management quietly built a position in Lincoln Educational Services last quarter, acquiring roughly one hundred fifty-two thousand shares for an estimated four point eight million dollars. The timing proved remarkable, as Lincoln shares have since doubled, turning a measured institutional bet into a headline-grabbing return in a matter of weeks.
That's the tape. Markets Desk, signing off the floor.
