Sahm Adrangi is the CIO and Founder of Kerrisdale Capital Management LLC. Under his management, the company has had tremendous profits over the years since it was launched in 2009. Kerrisdale Capital Management LLC is mainly a research-oriented firm that gives insights on the performance of various companies in the stock market including their highs and lows.
The company has been able to expose companies with fraudulent activities enabling action to be taken against them by the policymakers. The company mainly deals with offering research insights in various fields, which primarily include mining industry, the biotechnology industry, and telecommunication industry.
Among the most recent reviews given by Sahm Adrangi is the review on Coca (KO), Saratoga Research & Investment Company and that of Luxoft Hldg and Kerrisdale Capital Management LLC.
According to Sahm Adrangi, Saratoga Research & Investment Company has reduced its stakes in Coca (KO) by a percentage of 1.40, which they announced on their latest 2018 Q1 filing with the SEC. The company’s stock has also been declining very fast with a margin of 3.70% having only sold about 9, 347 of its shares. The company’s shares with Coca (KO) is valued at $22.79M having reduced its dividends by 9, 347 from 649,165 to 639,818. However, the reduction of the stakes provided by Saratoga Research & Investment Company has had a minimal effect on the performance of Coca (KO), which has seen its stocks increase by a positive margin to reach $44.865 as noted on the last trading session. Coca KO () has not been doing so well in the stock markets. The company had a downward trend with an estimated decline of 6.63% since mid-2017.
Sahm Adrangi has also observed the excellent performance of his company Kerrisdale Advisers Llc in Luxoft Hldg Inc (LXFT). Based on its recent filing with SEC, Kerrisdale Advisers Llc has increased its stakes by a percentage of 19.27 having bought 118, 600 shares. This brings the total number of shares held by Sahm’s company in Luxoft Hldg to 734, 056 shares. On the other hand, Luxoft Hldg Inc has reported quite a poor performance on the stock markets by reporting a decline of 50.30% since the last session.