Trending Stock News

Light Street Capital Management Upped Its Stake in Facebook (FB) as Stock Rose; First Solar (FSLR) Stock Price Rose While Gotham Asset Management Cut Position

Joel Greenblatt decreased its stake in First Solar Inc (FSLR) by 93.42% based on its latest 2017Q3 regulatory filing with the SEC. Gotham Asset Management Llc sold 331,129 shares as the company’s stock rose 4.31% with the market. The hedge fund run by Joel Greenblatt held 23,315 shares of the technology company at the end of 2017Q3, valued at $1.07 million, down from 354,444 at the end of the previous reported quarter. Gotham Asset Management Llc who had been investing in First Solar Inc for a number of months, seems to be less bullish one the $6.45 billion market cap company. The stock decreased 6.77% or $4.49 during the last trading session, reaching $61.79. About 6.05 million shares traded or 182.36% up from the average. First Solar, Inc. (NASDAQ:FSLR) has declined 22.83% since February 23, 2017 and is downtrending. It has underperformed by 39.53% the S&P500.

Glen Kacher increased its stake in Facebook Inc (FB) by 5.56% based on its latest 2017Q3 regulatory filing with the SEC. Light Street Capital Management Llc bought 25,000 shares as the company’s stock rose 10.88% with the market. The hedge fund run by Glen Kacher held 475,000 shares of the technology company at the end of 2017Q3, valued at $81.16M, up from 450,000 at the end of the previous reported quarter. Light Street Capital Management Llc who had been investing in Facebook Inc for a number of months, seems to be bullish on the $532.46B market cap company. The stock increased 2.40% or $4.3 during the last trading session, reaching $183.29. About 17.34M shares traded. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since February 23, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

Among 30 analysts covering First Solar Inc. (NASDAQ:FSLR), 12 have Buy rating, 4 Sell and 14 Hold. Therefore 40% are positive. First Solar Inc. had 77 analyst reports since August 5, 2015 according to SRatingsIntel. Roth Capital maintained the stock with “Buy” rating in Thursday, April 28 report. The firm earned “Buy” rating on Tuesday, January 5 by Goldman Sachs. Mizuho maintained First Solar, Inc. (NASDAQ:FSLR) on Thursday, November 17 with “Neutral” rating. As per Thursday, May 18, the company rating was downgraded by Robert W. Baird. The stock of First Solar, Inc. (NASDAQ:FSLR) has “Market Perform” rating given on Thursday, June 2 by Wells Fargo. Barclays Capital maintained First Solar, Inc. (NASDAQ:FSLR) on Friday, January 22 with “Overweight” rating. The stock of First Solar, Inc. (NASDAQ:FSLR) earned “Buy” rating by Argus Research on Thursday, November 5. The firm earned “Overweight” rating on Tuesday, September 1 by Barclays Capital. The firm has “Hold” rating given on Wednesday, July 19 by Standpoint Research. The stock of First Solar, Inc. (NASDAQ:FSLR) earned “Buy” rating by Deutsche Bank on Wednesday, November 18.

Gotham Asset Management Llc, which manages about $5.96 billion and $6.81 billion US Long portfolio, upped its stake in Valero Energy Corp New (NYSE:VLO) by 21,035 shares to 106,285 shares, valued at $8.18M in 2017Q3, according to the filing. It also increased its holding in Anika Therapeutics Inc (NASDAQ:ANIK) by 9,101 shares in the quarter, for a total of 42,927 shares, and has risen its stake in F M C Corp (NYSE:FMC).

Since December 18, 2017, it had 0 buys, and 2 sales for $1.83 million activity. The insider Garabedian Raffi sold 11,284 shares worth $790,580.

Investors sentiment decreased to 1.16 in 2017 Q3. Its down 0.40, from 1.56 in 2017Q2. It is negative, as 48 investors sold FSLR shares while 83 reduced holdings. 61 funds opened positions while 91 raised stakes. 51.15 million shares or 30.07% less from 73.13 million shares in 2017Q2 were reported. 12,391 were reported by Hbk Lp. The Georgia-based Advisory Net Llc has invested 0% in First Solar, Inc. (NASDAQ:FSLR). Credit Suisse Ag holds 90,837 shares. 6,950 are owned by Glob X Limited Company. Ontario Teachers Pension Plan Board has invested 0.01% of its portfolio in First Solar, Inc. (NASDAQ:FSLR). Agf America holds 1.06% or 60,371 shares in its portfolio. Grp One Trading Lp owns 17,420 shares. Petrus Lta accumulated 0.07% or 6,427 shares. Perigon Wealth Mgmt Ltd Com holds 0% in First Solar, Inc. (NASDAQ:FSLR) or 32 shares. 34,151 are held by Cubist Systematic Strategies Limited. Ecofin Ltd, United Kingdom-based fund reported 943,979 shares. 155,981 are owned by Bluemountain Mgmt Ltd Limited Liability Company. Paloma Prtnrs Management Communications accumulated 23,020 shares. 40,000 were reported by State Bank Of Nova Scotia. Baldwin Brothers Inc Ma holds 0% of its portfolio in First Solar, Inc. (NASDAQ:FSLR) for 185 shares.

Among 54 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 2 Hold. Therefore 93% are positive. Facebook had 236 analyst reports since July 21, 2015 according to SRatingsIntel. On Thursday, July 30 the stock rating was maintained by Robert W. Baird with “Outperform”. The firm has “Buy” rating given on Wednesday, January 31 by RBC Capital Markets. The stock of Facebook, Inc. (NASDAQ:FB) has “Buy” rating given on Monday, October 30 by Canaccord Genuity. The rating was maintained by Pivotal Research with “Hold” on Tuesday, July 11. On Thursday, April 28 the stock rating was maintained by Goldman Sachs with “Buy”. The rating was maintained by Aegis Capital with “Buy” on Wednesday, November 1. The rating was maintained by Aegis Capital on Wednesday, July 26 with “Buy”. The rating was maintained by Barclays Capital on Thursday, November 5 with “Overweight”. The stock has “Buy” rating by Robert W. Baird on Thursday, November 30. The stock has “Buy” rating by Axiom Capital on Thursday, November 5.

Light Street Capital Management Llc, which manages about $928.09 million and $1.22B US Long portfolio, decreased its stake in Alibaba Group Hldg Ltd (NYSE:BABA) by 55,000 shares to 320,000 shares, valued at $55.27 million in 2017Q3, according to the filing. It also reduced its holding in Square Inc by 725,000 shares in the quarter, leaving it with 1.68M shares, and cut its stake in Blackline Inc.

Since August 24, 2017, it had 0 insider purchases, and 35 sales for $735.05 million activity. 4,699 shares were sold by FISCHER DAVID B., worth $806,019 on Thursday, October 26. The insider Schroepfer Michael Todd sold $4.82M. The insider Sandberg Sheryl sold $9.75M. 750 shares were sold by Stretch Colin, worth $129,738. $2.80M worth of Facebook, Inc. (NASDAQ:FB) was sold by Cox Christopher K on Monday, October 23. Koum Jan had sold 640,754 shares worth $109.70 million on Wednesday, August 30.

Investors sentiment decreased to 1.15 in Q3 2017. Its down 0.25, from 1.4 in 2017Q2. It is negative, as 53 investors sold FB shares while 618 reduced holdings. 128 funds opened positions while 644 raised stakes. 1.63 billion shares or 0.88% more from 1.62 billion shares in 2017Q2 were reported. Ngam Advsrs LP stated it has 1.04M shares or 1.88% of all its holdings. Sigma Counselors invested in 0.86% or 35,202 shares. Cambridge Financial Incorporated invested in 42,021 shares or 3.75% of the stock. 6,001 were reported by Architects Incorporated. The Massachusetts-based Loomis Sayles And Lp has invested 4.75% in Facebook, Inc. (NASDAQ:FB). Silvercrest Asset Mgmt Group Llc reported 0.02% of its portfolio in Facebook, Inc. (NASDAQ:FB). Logan Cap Mngmt Inc accumulated 190,735 shares. Stevens First Principles Inv Advsrs accumulated 3,050 shares. State Of Wisconsin Board owns 3.04M shares. 1,259 are held by Ghp Invest Advisors. Brandywine Trust Company reported 4.83% stake. Stillwater Inv Mngmt Lc has 33,459 shares for 2.6% of their portfolio. Cls Invests Llc has invested 0.04% in Facebook, Inc. (NASDAQ:FB). Granite Invest Ptnrs Ltd Co invested 1.59% of its portfolio in Facebook, Inc. (NASDAQ:FB). Diversified Trust has 0.18% invested in Facebook, Inc. (NASDAQ:FB) for 13,928 shares.

Leave a Reply

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