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John Chisholm Pays for 33600 shares of Flotek Industries, Inc. (FTK) in an Insider Trading; Forest Hill Capital Has Cut Pinnacle Finl Partners (PNFP) Holding

Flotek Industries, Inc. (NYSE:FTK) Logo

Forest Hill Capital Llc decreased Pinnacle Finl Partners Inc (PNFP) stake by 3.79% reported in 2017Q4 SEC filing. Forest Hill Capital Llc sold 7,000 shares as Pinnacle Finl Partners Inc (PNFP)’s stock declined 8.68%. The Forest Hill Capital Llc holds 177,746 shares with $11.79 million value, down from 184,746 last quarter. Pinnacle Finl Partners Inc now has $5.12B valuation. The stock increased 0.68% or $0.45 during the last trading session, reaching $66.3. About 283,362 shares traded. Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) has declined 0.40% since May 17, 2017 and is downtrending. It has underperformed by 11.95% the S&P500.

Forest Hill Capital Llc increased Bmc Stk Hldgs Inc stake by 18,000 shares to 202,258 valued at $5.12M in 2017Q4. It also upped Smartfinancial Inc stake by 25,405 shares and now owns 309,868 shares. Nexeo Solutions Inc was raised too.

Investors sentiment decreased to 0.96 in 2017 Q4. Its down 0.51, from 1.47 in 2017Q3. It fall, as 25 investors sold PNFP shares while 91 reduced holdings. 39 funds opened positions while 72 raised stakes. 58.45 million shares or 5.89% more from 55.20 million shares in 2017Q3 were reported. Moreover, Aquiline Cap has 100% invested in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) for 2.56 million shares. 7,390 are owned by Country Bank. King Luther Cap holds 0.04% or 74,250 shares. Pinebridge Investments Ltd Partnership holds 0% or 51 shares in its portfolio. Ngam LP reported 0.06% in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). Weaver C Barksdale invested in 0% or 54 shares. Riverhead Cap Mngmt Ltd Liability Co holds 0.02% or 5,611 shares in its portfolio. Assetmark accumulated 0% or 33 shares. Stratos Wealth Prns Ltd holds 0% in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) or 600 shares. Moreover, Quantbot Technology Lp has 0.03% invested in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). Panagora Asset Incorporated invested in 1,489 shares. Carroll Financial Assocs Incorporated stated it has 6,536 shares or 0.05% of all its holdings. 16,934 are owned by Fincl Bank Of Nova Scotia. Citigroup Inc invested 0% of its portfolio in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 3,681 shares.

Analysts await Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) to report earnings on July, 17. They expect $1.16 EPS, up 38.10% or $0.32 from last year’s $0.84 per share. PNFP’s profit will be $89.53 million for 14.29 P/E if the $1.16 EPS becomes a reality. After $1.13 actual EPS reported by Pinnacle Financial Partners, Inc. for the previous quarter, Wall Street now forecasts 2.65% EPS growth.

Among 15 analysts covering Pinnacle Financial Partners (NASDAQ:PNFP), 11 have Buy rating, 1 Sell and 3 Hold. Therefore 73% are positive. Pinnacle Financial Partners has $85.0 highest and $51 lowest target. $71.73’s average target is 8.19% above currents $66.3 stock price. Pinnacle Financial Partners had 43 analyst reports since July 23, 2015 according to SRatingsIntel. Hilliard Lyons downgraded the stock to “Neutral” rating in Thursday, October 20 report. The rating was upgraded by Keefe Bruyette & Woods to “Outperform” on Friday, September 11. Keefe Bruyette & Woods downgraded the stock to “Mkt Perform” rating in Thursday, October 20 report. The firm has “Overweight” rating by PiperJaffray given on Thursday, October 5. The rating was upgraded by Stephens on Monday, February 5 to “Buy”. Hilliard Lyons downgraded Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) on Friday, October 20 to “Neutral” rating. The company was maintained on Thursday, January 18 by Stephens. The stock has “Market Perform” rating by Hovde Group on Monday, January 25. The rating was maintained by Keefe Bruyette & Woods on Tuesday, October 3 with “Hold”. The firm has “Buy” rating by Hovde Group given on Wednesday, April 18.

Since December 15, 2017, it had 0 insider purchases, and 15 insider sales for $11.50 million activity. LOUGHRY ED C JR sold $120,434 worth of stock. $2.24 million worth of stock was sold by TURNER M TERRY on Wednesday, March 7. $139,900 worth of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) shares were sold by Brock Charles E. Samuel Ronald L sold $195,263 worth of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) on Tuesday, April 24. $1.31M worth of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) shares were sold by CALLICUTT RICHARD D II. 15,000 shares were sold by Sloan Thomas R, worth $989,600 on Friday, December 15. $1.32M worth of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) shares were sold by MCCABE ROBERT A JR.

The stock decreased 0.29% or $0.01 during the last trading session, reaching $3.38. About 1.33 million shares traded or 3.21% up from the average. Flotek Industries, Inc. (NYSE:FTK) has declined 46.23% since May 17, 2017 and is downtrending. It has underperformed by 57.78% the S&P500.

Among 6 analysts covering Flotek Industries (NYSE:FTK), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Flotek Industries has $26 highest and $500 lowest target. $13.89’s average target is 310.95% above currents $3.38 stock price. Flotek Industries had 13 analyst reports since July 27, 2015 according to SRatingsIntel. As per Tuesday, April 24, the company rating was maintained by Seaport Global. The firm earned “Perform” rating on Wednesday, October 7 by Oppenheimer. The firm has “Buy” rating by KLR Group given on Monday, December 14. The stock has “Buy” rating by Vetr on Tuesday, September 22. Seaport Global Securities upgraded Flotek Industries, Inc. (NYSE:FTK) on Wednesday, January 20 to “Speculative Buy” rating. Seaport Global maintained it with “Buy” rating and $7.0 target in Wednesday, January 17 report. Vetr downgraded the shares of FTK in report on Friday, August 28 to “Strong-Buy” rating. The firm has “Buy” rating given on Thursday, August 6 by Vetr. The firm earned “Buy” rating on Tuesday, February 27 by Seaport Global. The company was upgraded on Monday, July 27 by Oppenheimer.

Flotek Industries, Inc. develops and supplies chemistry and services to the gas and oil industries in the United States and internationally. The company has market cap of $192.20 million. It operates through two divisions, Energy Chemistry Technologies and Consumer and Industrial Chemistry Technologies. It currently has negative earnings. The Energy Chemistry Technologies segment is involved in the design, development, manufacture, packaging, and marketing of chemistries under the Complex nano-Fluid brand name for use in gas and oil well drilling, cementing, completion, stimulation, and production activities, as well as for use in enhanced and improved oil recovery markets.

John Chisholm, an insider and also Chairman – President and CEO of the public company Flotek Industries Inc made a deal. He paid for 33,600 shares of the company with the investment having a market value near $114,552 US Dollars – based on a market stock price of $3.4 per every share. This stock investment by Mr. John – was recorded on May 16, 2018 and unveiled in a SEC’s document available here. Currently, Mr. John, has ownership of 1.18 million shares, which accounts for 2.07% of the Company’s market cap.

Investors sentiment decreased to 0.7 in Q4 2017. Its down 1.14, from 1.84 in 2017Q3. It dived, as 24 investors sold Flotek Industries, Inc. shares while 45 reduced holdings. 18 funds opened positions while 30 raised stakes. 42.92 million shares or 9.44% less from 47.40 million shares in 2017Q3 were reported. Peconic Prtn Limited Co reported 0.21% stake. 12,764 are owned by Aperio Ltd Liability Company. Royal Financial Bank Of Canada holds 879 shares. Bank Of New York Mellon Corporation owns 635,915 shares for 0% of their portfolio. Utd Svcs Automobile Association holds 0% or 234,100 shares in its portfolio. Prudential Fincl Inc reported 89,029 shares. Credit Suisse Ag reported 23,247 shares or 0% of all its holdings. Renaissance Technology Limited Company reported 0% stake. Piedmont Ltd Liability Corporation accumulated 11,680 shares or 0% of the stock. Viking Fund Mgmt Limited Liability Corporation accumulated 380,000 shares or 0.29% of the stock. Federated Invsts Incorporated Pa has 0% invested in Flotek Industries, Inc. (NYSE:FTK) for 23,102 shares. 63,234 are held by Kbc Grp Nv. Mason Street Advisors Ltd Liability Co holds 0% or 14,780 shares in its portfolio. Fred Alger Management holds 0.01% or 244,993 shares in its portfolio. Public Sector Pension Board owns 34,331 shares.

Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) Institutional Positions Chart

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