$SFET: Safe-T Group Featured as #10 in Insider Mon
Post# of 41418
From the Insider Monkey article:
Best Cybersecurity Stocks Under $10
10. Safe-T Group Ltd (NASDAQ:SFET)
Number of Hedge Fund Holders: 1
Share Price as of November 11: $1.17
Safe-T Group Ltd (NASDAQ:SFET) is an Israeli firm that markets intelligent data collection and cybersecurity services. Some of these services include VPN networks, a centralized multi-factor authentication system, and secure file access programs. On October 12, the firm released preliminary revenue guidance for the third quarter, saying it expected revenue to be in excess of $3.2 million, up 125% year-on-year.
On September 23, Alliance Global Partners analyst Brian Kinstlinger had initiated coverage of Safe-T Group Ltd (NASDAQ:SFET) stock with a Buy rating and a price target of $2, noting that new web security solutions of the firm had seamless integration capabilities.
Among the hedge funds being tracked by Insider Monkey, New York-based firm Renaissance Technologies is a leading shareholder in Safe-T Group Ltd (NASDAQ:SFET) with 267,785 shares worth more than $399,000.
Just like Palantir Technologies Inc. (NYSE LTR), NortonLifeLock Inc. (NASDAQ:NLOK), Check Point Software Technologies Ltd. (NASDAQ:CHKP), Cloudflare, Inc. (NYSE:NET), CrowdStrike Holdings, Inc. (NASDAQ:CRWD), and Okta, Inc. (NASDAQ:OKTA), Safe-T Group Ltd (NASDAQ:SFET) is one of the stocks on the radar of elite investors.
https://bit.ly/3FkkYSs
Link to full article: https://finance.yahoo.com/news/10-best-cybers...59933.html