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Bilbel Capital exits most of its CareCloud stake
In its Q2 2026 investor letter, the firm said it sold most of its CareCloud shares after reviewing valuation and CareCloud’s customer retention and AI-driven profit outlook.
Bilbel Capital, an investment management company, said it sold most of its CareCloud, Inc. stake in its Q2 2026 investment letter, citing an undervaluation view but arguing other holdings offered greater value.
The strategy generated -15.7% gross return and -16.1% net return in the first half of 2026, versus a 10.2% return for the S&P 500 Index, according to the letter.
Bilbel Capital said its approach uses Argus to analyze publicly available data on 15,000 investable stocks to identify the top 1% of undervalued opportunities, and it highlighted CareCloud as part of its “top positions,” all acquired under 3.5 times a normal year’s profit.
For CareCloud, which is described as a healthcare information technology company, the outlet noted the stock closed at $2.50 per share on August 24, 2026, with a $106.24 million market capitalization; the shares were up 5.93% over one month but down 32.07% over the past 52 weeks.
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