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Intuit (INTU) Holder Jasper Ridge Partners LP Decreased Its Stake by $3.12 Million as Share Value Rose; Proofpoint (PFPT) Valuation Rose While Angelo Gordon & Company LP Has Cut Position by $1.20 Million

Mark Wolfson decreased its stake in Intuit (INTU) by 60.9% based on its latest 2017Q2 regulatory filing with the SEC. Jasper Ridge Partners Lp sold 23,618 shares as the company’s stock rose 4.61% with the market. The hedge fund run by Mark Wolfson held 15,163 shares of the prepackaged software company at the end of 2017Q2, valued at $2.01 million, down from 38,781 at the end of the previous reported quarter. Jasper Ridge Partners Lp who had been investing in Intuit for a number of months, seems to be less bullish one the $40.82 billion market cap company. The stock increased 2.22% or $3.46 during the last trading session, reaching $159.65. About 2.38M shares traded or 85.13% up from the average. Intuit Inc. (NASDAQ:INTU) has risen 23.62% since December 17, 2016 and is uptrending. It has outperformed by 6.92% the S&P500.

John M. Angelo decreased its stake in Proofpoint Inc (PFPT) by 25.23% based on its latest 2017Q2 regulatory filing with the SEC. Angelo Gordon & Company Lp sold 14,000 shares as the company’s stock rose 0.42% with the market. The hedge fund run by John M. Angelo held 41,500 shares of the technology company at the end of 2017Q2, valued at $3.60 million, down from 55,500 at the end of the previous reported quarter. Angelo Gordon & Company Lp who had been investing in Proofpoint Inc for a number of months, seems to be less bullish one the $4.11B market cap company. The stock increased 3.24% or $2.87 during the last trading session, reaching $91.58. About 655,550 shares traded or 26.53% up from the average. Proofpoint, Inc. (NASDAQ:PFPT) has risen 52.24% since December 17, 2016 and is uptrending. It has outperformed by 35.54% the S&P500.

Since August 24, 2017, it had 0 insider purchases, and 14 selling transactions for $130.90 million activity. Another trade for 15,415 shares valued at $2.18M was made by Wernikoff Daniel A on Thursday, September 7. Shares for $2.29 million were sold by Goodarzi Sasan K on Tuesday, September 12. 183,333 shares were sold by COOK SCOTT D, worth $26.62 million. Williams R Neil sold 184,585 shares worth $26.05 million. 1,868 Intuit Inc. (NASDAQ:INTU) shares with value of $265,839 were sold by FLOURNOY MARK J.

Investors sentiment decreased to 0.96 in 2017 Q2. Its down 0.05, from 1.01 in 2017Q1. It dropped, as 41 investors sold INTU shares while 249 reduced holdings. 74 funds opened positions while 205 raised stakes. 215.33 million shares or 0.33% more from 214.62 million shares in 2017Q1 were reported. Autus Asset Management Ltd Limited Liability Company owns 64,507 shares. Ashfield Cap Prtn Ltd Liability Corp stated it has 0.18% in Intuit Inc. (NASDAQ:INTU). Stock Yards Financial Bank & reported 3,809 shares stake. 275 are held by Gemmer Asset Mngmt Limited Liability Corp. Ghp Advsrs stated it has 25,075 shares or 0.53% of all its holdings. New York-based Tiedemann Wealth Ltd Co has invested 0.12% in Intuit Inc. (NASDAQ:INTU). 9,825 are held by Oakbrook Investments. Royal Bancorp Of Canada owns 2.51 million shares. State Of Wisconsin Invest Board accumulated 0.11% or 254,416 shares. Oakworth Capital Inc owns 0.07% invested in Intuit Inc. (NASDAQ:INTU) for 2,005 shares. Account Limited Liability reported 0% of its portfolio in Intuit Inc. (NASDAQ:INTU). Invesco reported 0.1% in Intuit Inc. (NASDAQ:INTU). Baystate Wealth Mngmt Ltd Liability Com reported 40 shares. Arizona State Retirement System reported 0.12% in Intuit Inc. (NASDAQ:INTU). Sheets Smith Wealth Management invested in 0.93% or 26,522 shares.

Among 22 analysts covering Intuit (NASDAQ:INTU), 9 have Buy rating, 2 Sell and 11 Hold. Therefore 41% are positive. Intuit had 76 analyst reports since August 10, 2015 according to SRatingsIntel. The company was initiated on Thursday, April 14 by Brean Capital. On Wednesday, August 19 the stock rating was upgraded by Deutsche Bank to “Buy”. The firm earned “Buy” rating on Saturday, August 22 by TheStreet. RBC Capital Markets downgraded the shares of INTU in report on Tuesday, August 11 to “Outperform” rating. The firm has “Hold” rating by Zacks given on Tuesday, August 25. First Analysis downgraded the shares of INTU in report on Friday, August 21 to “Underweight” rating. Goldman Sachs initiated the shares of INTU in report on Monday, May 23 with “Buy” rating. Credit Suisse maintained Intuit Inc. (NASDAQ:INTU) on Wednesday, August 24 with “Neutral” rating. Jefferies maintained the shares of INTU in report on Thursday, September 28 with “Buy” rating. The stock has “Hold” rating by Moffett Nathanson on Wednesday, September 6.

Jasper Ridge Partners Lp, which manages about $10.88 billion and $1.86 billion US Long portfolio, upped its stake in Ishares (ACWI) by 62,807 shares to 77,106 shares, valued at $5.05 million in 2017Q2, according to the filing. It also increased its holding in Vanguard Tax Managed Intl Fd (VEA) by 2.86M shares in the quarter, for a total of 4.85 million shares, and has risen its stake in Tesla Mtrs Inc (NASDAQ:TSLA).

Since August 16, 2017, it had 0 buys, and 13 insider sales for $15.48 million activity. Shares for $256,405 were sold by Knight David on Thursday, December 7. Steele Gary sold $3.54 million worth of stock or 40,000 shares. On Wednesday, October 4 Hahn Eric sold $446,037 worth of Proofpoint, Inc. (NASDAQ:PFPT) or 5,000 shares.

Angelo Gordon & Company Lp, which manages about $30.60 billion and $2.04 billion US Long portfolio, upped its stake in Rayonier Advanced Matls Inc by 40,000 shares to 150,000 shares, valued at $17.50 million in 2017Q2, according to the filing. It also increased its holding in Monsanto Co New (Put) (NYSE:MON) by 40,000 shares in the quarter, for a total of 70,100 shares, and has risen its stake in Intel Corp (Prn).

Investors sentiment increased to 1.32 in 2017 Q2. Its up 0.12, from 1.2 in 2017Q1. It increased, as 31 investors sold PFPT shares while 75 reduced holdings. 48 funds opened positions while 92 raised stakes. 49.73 million shares or 6.97% more from 46.48 million shares in 2017Q1 were reported. Teacher Retirement Of Texas accumulated 3,463 shares. Franklin Incorporated holds 0.03% or 664,195 shares. Aqr Capital Mgmt Limited Company reported 17,966 shares stake. Guggenheim Lc owns 29,246 shares or 0.01% of their US portfolio. Fmr Limited Co reported 0.01% stake. Pictet Asset Mngmt Limited reported 529,500 shares. Webster National Bank & Trust N A owns 150 shares. Next Century Growth Invsts Ltd invested in 0.66% or 79,323 shares. Advisory Inc owns 69,376 shares for 0.08% of their portfolio. Janney Montgomery Scott Ltd Liability Company holds 0.01% of its portfolio in Proofpoint, Inc. (NASDAQ:PFPT) for 8,969 shares. Croft accumulated 0.14% or 8,000 shares. Verition Fund Ltd Company reported 9,507 shares or 0.08% of all its holdings. Renaissance Ltd Liability holds 0.02% or 175,900 shares in its portfolio. Bnp Paribas Asset Management Holdings Sa accumulated 0.12% or 152,222 shares. Millennium Management Limited Company has 228,359 shares.

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