Riverwater Partners' Micro Opportunities Strategy increased its position in Allot Ltd., a network intelligence and security software provider, following a substantial buyback announcement. The addition modestly raised the strategy's technology exposure, which the firm noted had been too thin during the quarter. Allot shares closed at $7.65 on July 24, 2026, with a market capitalization of $374.26 million, and posted a one-month return of negative 11.76% while losing 4.38% over the past 52 weeks. The strategy underperformed the Russell Microcap Index in the second quarter of 2026 despite a positive absolute result, as the micro-cap rally exhibited speculative traits the fund avoids by design. The fund remains focused on owning profitable, well-managed small businesses at reasonable prices.
Allot Communications LtdSubstantial buyback announcement signals management confidence and returns capital to shareholders.