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Stephens Investment Management Group Decreased Its Cognex (CGNX) Stake; BLUEFIRE RENEWABLES (BFRE) SI Increased By 323.68%

Stephens Investment Management Group Llc decreased Cognex Corp (CGNX) stake by 14.26% reported in 2017Q2 SEC filing. Stephens Investment Management Group Llc sold 116,230 shares as Cognex Corp (CGNX)’s stock rose 18.92%. The Stephens Investment Management Group Llc holds 698,792 shares with $59.33 million value, down from 815,022 last quarter. Cognex Corp now has $11.05 billion valuation. The stock increased 0.46% or $0.29 during the last trading session, reaching $63.79. About 66,805 shares traded. Cognex Corporation (NASDAQ:CGNX) has risen 131.00% since December 12, 2016 and is uptrending. It has outperformed by 114.30% the S&P500.

BLUEFIRE RENEWABLES (OTCMKTS:BFRE) had an increase of 323.68% in short interest. BFRE’s SI was 16,100 shares in December as released by FINRA. Its up 323.68% from 3,800 shares previously. It closed at $0.0005 lastly. It is down 0.00% since December 12, 2016 and is . It has underperformed by 16.70% the S&P500.

BlueFire Renewables, Inc. focuses on developing, owning, and operating carbohydrate transportation fuel plants or bio-refineries to produce ethanol in North America. The company has market cap of $249,840. The Company’s bio-refineries would convert organic materials, such as agricultural residues, high-content biomass crops, wood residues, and cellulose from municipal solid wastes into ethanol. It currently has negative earnings. The firm has a technology license agreement with Arkenol, Inc. to use and sub-license the Arkenol technology that converts cellulose and waste materials into ethanol and other high value chemicals.

Stephens Investment Management Group Llc increased Penumbra Inc stake by 61,591 shares to 252,981 valued at $22.20 million in 2017Q2. It also upped Globant S A (NYSE:GLOB) stake by 38,054 shares and now owns 222,074 shares. Wageworks Inc (NYSE:WAGE) was raised too.

Analysts await Cognex Corporation (NASDAQ:CGNX) to report earnings on February, 15. They expect $0.49 EPS, up 13.95% or $0.06 from last year’s $0.43 per share. CGNX’s profit will be $84.86M for 32.55 P/E if the $0.49 EPS becomes a reality. After $1.14 actual EPS reported by Cognex Corporation for the previous quarter, Wall Street now forecasts -57.02% negative EPS growth.

Among 19 analysts covering Cognex Corporation (NASDAQ:CGNX), 8 have Buy rating, 2 Sell and 9 Hold. Therefore 42% are positive. Cognex Corporation had 35 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Cognex Corporation (NASDAQ:CGNX) earned “Buy” rating by Cowen & Co on Friday, September 8. The stock of Cognex Corporation (NASDAQ:CGNX) has “Underperform” rating given on Tuesday, August 2 by CLSA. Deutsche Bank initiated Cognex Corporation (NASDAQ:CGNX) rating on Thursday, December 8. Deutsche Bank has “Buy” rating and $74 target. The firm earned “Buy” rating on Wednesday, November 18 by Canaccord Genuity. Canaccord Genuity maintained it with “Hold” rating and $33 target in Tuesday, November 3 report. The company was upgraded on Monday, November 7 by CLSA. Needham maintained Cognex Corporation (NASDAQ:CGNX) on Friday, February 17 with “Buy” rating. Canaccord Genuity downgraded Cognex Corporation (NASDAQ:CGNX) rating on Tuesday, August 4. Canaccord Genuity has “Hold” rating and $35 target. The company was maintained on Tuesday, August 2 by Canaccord Genuity. The rating was initiated by FBR Capital with “Mkt Perform” on Wednesday, November 11.

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