Market News

Timpani Capital Management Trimmed Its Carbonite (CARB) Position by $1.74 Million; Market Valuation Declined; As T Mobile Us (TMUS) Share Price Rose, Sadoff Investment Management Has Cut Its Stake

Timpani Capital Management Llc decreased its stake in Carbonite Inc (CARB) by 36.97% based on its latest 2017Q3 regulatory filing with the SEC. Timpani Capital Management Llc sold 82,978 shares as the company’s stock declined 1.53% while stock markets rallied. The institutional investor held 141,473 shares of the technology company at the end of 2017Q3, valued at $3.11 million, down from 224,451 at the end of the previous reported quarter. Timpani Capital Management Llc who had been investing in Carbonite Inc for a number of months, seems to be less bullish one the $715.45 million market cap company. The stock increased 17.97% or $3.9 during the last trading session, reaching $25.6. About 1.08M shares traded or 335.17% up from the average. Carbonite, Inc. (NASDAQ:CARB) has risen 113.73% since February 14, 2017 and is uptrending. It has outperformed by 97.03% the S&P500.

Sadoff Investment Management Llc decreased its stake in T Mobile Us Inc (TMUS) by 0.92% based on its latest 2017Q3 regulatory filing with the SEC. Sadoff Investment Management Llc sold 7,270 shares as the company’s stock rose 3.83% with the market. The institutional investor held 784,668 shares of the public utilities company at the end of 2017Q3, valued at $48.38M, down from 791,938 at the end of the previous reported quarter. Sadoff Investment Management Llc who had been investing in T Mobile Us Inc for a number of months, seems to be less bullish one the $49.22B market cap company. The stock decreased 0.16% or $0.09 during the last trading session, reaching $57.6. About 2.15M shares traded. T-Mobile US, Inc. (NYSE:TMUS) has risen 62.63% since February 14, 2017 and is uptrending. It has outperformed by 45.93% the S&P500.

Among 10 analysts covering Carbonite (NASDAQ:CARB), 6 have Buy rating, 2 Sell and 2 Hold. Therefore 60% are positive. Carbonite had 15 analyst reports since September 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, October 17 by JMP Securities. Lake Street maintained it with “Buy” rating and $23 target in Tuesday, February 28 report. The rating was initiated by B. Riley & Co with “Buy” on Friday, June 10. Northland Capital maintained it with “Hold” rating and $20.0 target in Wednesday, September 20 report. The stock has “Sell” rating by Zacks on Monday, September 21. The rating was maintained by Northland Capital on Friday, November 3 with “Hold”. The firm has “Buy” rating given on Friday, August 4 by Oppenheimer. As per Monday, November 27, the company rating was maintained by JMP Securities. The stock of Carbonite, Inc. (NASDAQ:CARB) has “Buy” rating given on Wednesday, December 13 by Rosenblatt. The rating was maintained by Barclays Capital on Friday, August 4 with “Equal-Weight”.

Since August 28, 2017, it had 0 insider buys, and 14 selling transactions for $957,197 activity. The insider Guadagno Norman sold 1,912 shares worth $49,330. 10,000 shares were sold by KRASNOW TODD, worth $231,600 on Monday, December 11. On Monday, August 28 FOLGER ANTHONY sold $13,894 worth of Carbonite, Inc. (NASDAQ:CARB) or 741 shares. HUDSON CASSANDRA sold 1,563 shares worth $34,464. On Friday, January 5 the insider Mellinger Paul S. sold $50,052.

Timpani Capital Management Llc, which manages about $202.98 million and $274.08 million US Long portfolio, upped its stake in Ligand Pharmaceuticals Inc Com (NASDAQ:LGND) by 3,690 shares to 35,124 shares, valued at $4.78M in 2017Q3, according to the filing. It also increased its holding in Pra Health Sciences Inc by 22,471 shares in the quarter, for a total of 73,178 shares, and has risen its stake in Old Dominion Fght Lines Inc Co (NASDAQ:ODFL).

Investors sentiment decreased to 1.08 in Q3 2017. Its down 0.28, from 1.36 in 2017Q2. It dived, as 30 investors sold CARB shares while 35 reduced holdings. 23 funds opened positions while 47 raised stakes. 24.47 million shares or 2.34% more from 23.91 million shares in 2017Q2 were reported. Ameriprise Financial reported 151,979 shares. Alliancebernstein Lp has 19,050 shares. Citigroup Inc invested in 102,866 shares. Summit Creek Advisors Lc owns 2.41% invested in Carbonite, Inc. (NASDAQ:CARB) for 557,292 shares. Great West Life Assurance Co Can reported 2,100 shares or 0% of all its holdings. Vanguard Group Inc reported 1.62M shares or 0% of all its holdings. The Missouri-based Century has invested 0.01% in Carbonite, Inc. (NASDAQ:CARB). 1492 Llc reported 29,314 shares. Morgan Stanley has 63,709 shares. Moreover, Qs Ltd Liability has 0.02% invested in Carbonite, Inc. (NASDAQ:CARB) for 104,567 shares. Pembroke Mngmt Ltd accumulated 1.25M shares or 2.68% of the stock. Crosslink Incorporated holds 1.31 million shares. Jefferies holds 0.01% or 92,391 shares. Secor Cap Limited Partnership owns 0.05% invested in Carbonite, Inc. (NASDAQ:CARB) for 21,951 shares. Rhumbline Advisers has invested 0% in Carbonite, Inc. (NASDAQ:CARB).

Sadoff Investment Management Llc, which manages about $850.19 million and $1.12 billion US Long portfolio, upped its stake in Cisco Sys Inc (NASDAQ:CSCO) by 14,526 shares to 1.11M shares, valued at $37.32M in 2017Q3, according to the filing. It also increased its holding in Waste Mgmt Inc Del (NYSE:WM) by 9,880 shares in the quarter, for a total of 490,585 shares, and has risen its stake in Alliancebernstein Holding Lp (NYSE:AB).

Investors sentiment decreased to 1.06 in 2017 Q3. Its down 0.30, from 1.36 in 2017Q2. It turned negative, as 62 investors sold TMUS shares while 161 reduced holdings. 67 funds opened positions while 169 raised stakes. 279.18 million shares or 0.29% more from 278.36 million shares in 2017Q2 were reported. Weiss Multi has invested 0.06% in T-Mobile US, Inc. (NASDAQ:TMUS). Cibc Markets Corp has 0.04% invested in T-Mobile US, Inc. (NASDAQ:TMUS). M&R Capital Mgmt Inc has invested 0% in T-Mobile US, Inc. (NASDAQ:TMUS). Td Asset Mgmt Inc reported 0.04% of its portfolio in T-Mobile US, Inc. (NASDAQ:TMUS). Invesco Ltd stated it has 0.16% in T-Mobile US, Inc. (NASDAQ:TMUS). Toronto Dominion Bancshares owns 0% invested in T-Mobile US, Inc. (NASDAQ:TMUS) for 15,312 shares. Suffolk Capital Mgmt Limited Liability, New York-based fund reported 211,270 shares. Odey Asset Grp Ltd reported 900 shares or 0% of all its holdings. Texas-based Bbt Mgmt Limited Liability Corp has invested 4.5% in T-Mobile US, Inc. (NASDAQ:TMUS). Utah Retirement System holds 0.07% or 53,904 shares. Bkd Wealth Advisors Ltd Com reported 0.02% stake. Central Natl Bank And Trust Company has 3,598 shares. Nippon Life Americas holds 239,920 shares or 1.26% of its portfolio. Bancshares Of New York Mellon invested in 4.25M shares or 0.07% of the stock. Plante Moran Advsrs Ltd Liability Co owns 32 shares.

Leave a Reply

Your email address will not be published. Required fields are marked *