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Ringcentral (RNG) Holder Coe Capital Management Trimmed Stake; Maplelane Capital Has Cut Autodesk (ADSK) Stake as Stock Value Rose

Leon Shaulov decreased its stake in Autodesk Inc (ADSK) by 35.7% based on its latest 2017Q3 regulatory filing with the SEC. Maplelane Capital Llc sold 690,042 shares as the company’s stock rose 27.21% with the market. The hedge fund run by Leon Shaulov held 1.24M shares of the technology company at the end of 2017Q3, valued at $139.53 million, down from 1.93M at the end of the previous reported quarter. Maplelane Capital Llc who had been investing in Autodesk Inc for a number of months, seems to be less bullish one the $24.88B market cap company. The stock decreased 0.50% or $0.57 during the last trading session, reaching $112.95. About 1.58 million shares traded. Autodesk, Inc. (NASDAQ:ADSK) has risen 91.08% since February 20, 2017 and is uptrending. It has outperformed by 74.38% the S&P500.

Mark Coe decreased its stake in Ringcentral Inc (RNG) by 42.23% based on its latest 2017Q3 regulatory filing with the SEC. Coe Capital Management Llc sold 15,335 shares as the company’s stock rose 34.13% with the market. The hedge fund run by Mark Coe held 20,980 shares of the technology company at the end of 2017Q3, valued at $876,000, down from 36,315 at the end of the previous reported quarter. Coe Capital Management Llc who had been investing in Ringcentral Inc for a number of months, seems to be less bullish one the $4.88B market cap company. The stock increased 2.19% or $1.35 during the last trading session, reaching $63.1. About 1.05 million shares traded or 109.66% up from the average. RingCentral, Inc. (NYSE:RNG) has risen 80.85% since February 20, 2017 and is uptrending. It has outperformed by 64.15% the S&P500.

Maplelane Capital Llc, which manages about $1.68 billion and $5.09B US Long portfolio, upped its stake in Broadcom Ltd by 281,500 shares to 287,000 shares, valued at $69.61 million in 2017Q3, according to the filing. It also increased its holding in Iridium Communications Inc (Put) (NASDAQ:IRDM) by 678,150 shares in the quarter, for a total of 685,000 shares, and has risen its stake in Gamestop Corp New (Put) (NYSE:GME).

Among 27 analysts covering Autodesk Inc. (NASDAQ:ADSK), 18 have Buy rating, 3 Sell and 6 Hold. Therefore 67% are positive. Autodesk Inc. had 110 analyst reports since August 4, 2015 according to SRatingsIntel. The company was maintained on Sunday, September 3 by RBC Capital Markets. Cowen & Co maintained Autodesk, Inc. (NASDAQ:ADSK) on Friday, August 25 with “Outperform” rating. Canaccord Genuity maintained Autodesk, Inc. (NASDAQ:ADSK) rating on Wednesday, November 29. Canaccord Genuity has “Buy” rating and $135.0 target. As per Tuesday, November 14, the company rating was maintained by Cowen & Co. The stock has “Buy” rating by Canaccord Genuity on Friday, August 25. The stock of Autodesk, Inc. (NASDAQ:ADSK) earned “Sell” rating by MUFG Securities Americas Inc on Wednesday, November 29. Morgan Stanley maintained the shares of ADSK in report on Friday, August 25 with “Overweight” rating. Wedbush maintained the stock with “Neutral” rating in Thursday, May 12 report. Credit Suisse maintained Autodesk, Inc. (NASDAQ:ADSK) rating on Wednesday, November 29. Credit Suisse has “Buy” rating and $135.0 target. OTR Global downgraded Autodesk, Inc. (NASDAQ:ADSK) on Friday, October 30 to “Mixed” rating.

Analysts await Autodesk, Inc. (NASDAQ:ADSK) to report earnings on March, 1. They expect $-0.34 earnings per share, up 39.29% or $0.22 from last year’s $-0.56 per share. After $-0.42 actual earnings per share reported by Autodesk, Inc. for the previous quarter, Wall Street now forecasts -19.05% EPS growth.

Investors sentiment increased to 1.42 in 2017 Q3. Its up 0.23, from 1.19 in 2017Q2. It improved, as 36 investors sold ADSK shares while 132 reduced holdings. 61 funds opened positions while 177 raised stakes. 206.38 million shares or 1.05% more from 204.24 million shares in 2017Q2 were reported. Bnp Paribas Asset Mgmt Hldg Sa accumulated 8,265 shares or 0.01% of the stock. Moreover, D E Shaw & has 0.02% invested in Autodesk, Inc. (NASDAQ:ADSK). Bp Public Limited Liability Co invested 0.11% in Autodesk, Inc. (NASDAQ:ADSK). Tuttle Tactical Mgmt Ltd Company accumulated 12,360 shares. Baldwin Inv Mngmt Limited Liability Corporation stated it has 7,890 shares. Qs Invsts Ltd, a New York-based fund reported 5,393 shares. Bb&T Securities Ltd Liability owns 29,135 shares for 0.04% of their portfolio. Howe And Rusling has invested 0% of its portfolio in Autodesk, Inc. (NASDAQ:ADSK). Liberty Mutual Gp Asset Mgmt reported 10,102 shares. Tower Rech Limited Liability Corp (Trc) holds 2,296 shares or 0.02% of its portfolio. Aviva Public Ltd accumulated 0.08% or 132,259 shares. Creative Planning reported 0% of its portfolio in Autodesk, Inc. (NASDAQ:ADSK). Tokio Marine Asset Mgmt accumulated 1,948 shares or 0.03% of the stock. Pub Sector Pension Investment Board reported 23,223 shares. Moreover, Ent Fincl has 0% invested in Autodesk, Inc. (NASDAQ:ADSK) for 32 shares.

Since August 28, 2017, it had 0 insider buys, and 5 sales for $6.74 million activity. On Thursday, September 28 the insider NORRINGTON LORRIE M sold $2.78M. The insider BEVERIDGE CRAWFORD W sold $169,230. 24,004 shares were sold by Anagnost Andrew, worth $2.71M. 9,128 shares were sold by Blum Steven M, worth $1.02M on Friday, September 22.

Among 18 analysts covering RingCentral (NYSE:RNG), 15 have Buy rating, 0 Sell and 3 Hold. Therefore 83% are positive. RingCentral had 60 analyst reports since July 21, 2015 according to SRatingsIntel. Northland Capital maintained it with “Buy” rating and $3700 target in Thursday, July 20 report. On Friday, August 26 the stock rating was initiated by Robert W. Baird with “Neutral”. The rating was downgraded by Morgan Stanley to “Hold” on Thursday, July 20. As per Thursday, July 13, the company rating was maintained by Oppenheimer. On Thursday, November 9 the stock rating was maintained by Jefferies with “Buy”. The stock of RingCentral, Inc. (NYSE:RNG) earned “Buy” rating by Oppenheimer on Thursday, August 3. As per Friday, July 31, the company rating was maintained by Oppenheimer. As per Monday, December 12, the company rating was upgraded by Robert W. Baird. Oppenheimer maintained the shares of RNG in report on Thursday, November 9 with “Outperform” rating. As per Tuesday, June 28, the company rating was initiated by Summit Redstone Partners.

Since August 21, 2017, it had 0 insider purchases, and 19 insider sales for $13.23 million activity. Sipes David also sold $454,398 worth of RingCentral, Inc. (NYSE:RNG) shares. Another trade for 48,666 shares valued at $2.29 million was made by Shmunis Vladimir on Monday, December 11. Shares for $410,800 were sold by Shah Praful on Tuesday, September 19. The insider Marlow John H sold $254,580.

Investors sentiment decreased to 0.99 in 2017 Q3. Its down 0.32, from 1.31 in 2017Q2. It dived, as 18 investors sold RNG shares while 62 reduced holdings. 26 funds opened positions while 53 raised stakes. 55.54 million shares or 2.55% more from 54.16 million shares in 2017Q2 were reported. Moreover, Strs Ohio has 0.01% invested in RingCentral, Inc. (NYSE:RNG). Moreover, Congress Asset Mgmt Ma has 0.02% invested in RingCentral, Inc. (NYSE:RNG). Putnam Investments Ltd Company owns 551,406 shares or 0.05% of their US portfolio. First Republic Management has invested 0% in RingCentral, Inc. (NYSE:RNG). Principal Gru stated it has 7,363 shares or 0% of all its holdings. Lpl Fincl Limited Liability owns 9,332 shares. 1492 Cap Limited Liability Corporation reported 4.74% of its portfolio in RingCentral, Inc. (NYSE:RNG). American National Insurance Tx owns 110,360 shares for 0.24% of their portfolio. Eam Ltd Com accumulated 0.36% or 64,656 shares. D E Shaw has 0.01% invested in RingCentral, Inc. (NYSE:RNG) for 193,523 shares. Pitcairn Co has invested 0.03% in RingCentral, Inc. (NYSE:RNG). Bancshares Of New York Mellon Corporation has invested 0% in RingCentral, Inc. (NYSE:RNG). Adage Capital Prtnrs Group Ltd holds 0.02% of its portfolio in RingCentral, Inc. (NYSE:RNG) for 190,000 shares. Moreover, Frontier Mgmt Limited Liability Company has 0.02% invested in RingCentral, Inc. (NYSE:RNG) for 82,833 shares. Millennium Management Ltd Liability Company has 356,851 shares.

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