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Whale Rock Capital Management Stake in Kulicke & Soffa Inds (KLIC) Raised by $11.75 Million; Itau Unibanco (ITUB) Shares Rose While Westwood Global Investments Has Boosted Its Position

Itaú Unibanco Holding S.A. (NYSE:ITUB) Logo

Westwood Global Investments Llc increased its stake in Itau Unibanco (ITUB) by 0.18% based on its latest 2017Q4 regulatory filing with the SEC. Westwood Global Investments Llc bought 52,112 shares as the company’s stock rose 24.81% while stock markets declined. The institutional investor held 28.42 million shares of the major banks company at the end of 2017Q4, valued at $369.42 million, up from 28.36 million at the end of the previous reported quarter. Westwood Global Investments Llc who had been investing in Itau Unibanco for a number of months, seems to be bullish on the $74.60 billion market cap company. The stock decreased 2.11% or $0.26 during the last trading session, reaching $12.08. About 32.90 million shares traded or 280.07% up from the average. Itaú Unibanco Holding S.A. (NYSE:ITUB) has risen 32.34% since May 20, 2017 and is uptrending. It has outperformed by 20.79% the S&P500.

Alex Sacerdote increased its stake in Kulicke & Soffa Inds Inc (KLIC) by 17.15% based on its latest 2017Q4 regulatory filing with the SEC. Whale Rock Capital Management Llc bought 489,696 shares as the company’s stock rose 0.94% while stock markets declined. The hedge fund run by Alex Sacerdote held 3.35 million shares of the technology company at the end of 2017Q4, valued at $81.42 million, up from 2.86 million at the end of the previous reported quarter. Whale Rock Capital Management Llc who had been investing in Kulicke & Soffa Inds Inc for a number of months, seems to be bullish on the $1.55 billion market cap company. The stock decreased 3.72% or $0.85 during the last trading session, reaching $21.98. About 777,888 shares traded or 15.09% up from the average. Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) has risen 21.63% since May 20, 2017 and is uptrending. It has outperformed by 10.08% the S&P500.

Investors sentiment decreased to 0.88 in Q4 2017. Its down 0.15, from 1.03 in 2017Q3. It is negative, as 14 investors sold KLIC shares while 82 reduced holdings. 30 funds opened positions while 54 raised stakes. 58.53 million shares or 0.85% less from 59.03 million shares in 2017Q3 were reported. Whale Rock Management Limited Com holds 3.35 million shares or 3.77% of its portfolio. Piedmont Investment Advsr Limited Liability Company reported 14,512 shares. Oak Ltd Oh has invested 0.05% in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC). Tocqueville Asset Mgmt L P, New York-based fund reported 173,298 shares. Pub Employees Retirement Association Of Colorado accumulated 14,166 shares. Royal Natl Bank Of Canada owns 208,621 shares. Jacobs Levy Equity Mngmt Inc owns 125,691 shares for 0.05% of their portfolio. Franklin Res accumulated 2.72M shares or 0.03% of the stock. Great West Life Assurance Can accumulated 90,854 shares. Engineers Gate Manager Limited Partnership holds 18,304 shares or 0.03% of its portfolio. Morgan Stanley reported 0% stake. Northern Corp owns 288,738 shares. Cipher Ltd Partnership invested 0.06% in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC). State Of New Jersey Common Pension Fund D stated it has 0.11% in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC). Clarivest Asset Mngmt Llc holds 0.13% or 322,455 shares in its portfolio.

More notable recent Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) news were published by: Globenewswire.com which released: “SHAREHOLDER ALERT: Brower Piven Notifies Investors of Class Action Lawsuit And Encourages Those Who Have …” on May 16, 2018, also Prnewswire.com with their article: “SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Kulicke and Soffa Industries …” published on May 11, 2018, Prnewswire.com published: “WeissLaw LLP: Kulicke & Soffa Industries, Inc. is the Subject of a Legal Investigation” on May 14, 2018. More interesting news about Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) were released by: 247Wallst.com and their article: “Applied Materials Brings Havoc to Semiconductor Capital Equipment Space” published on May 18, 2018 as well as Seekingalpha.com‘s news article titled: “Kulicke and Soffa Industries’ (KLIC) CEO Fusen Chen on Q2 2018 Results – Earnings Call Transcript” with publication date: May 11, 2018.

Since January 2, 2018, it had 0 insider purchases, and 4 sales for $35,340 activity.

Whale Rock Capital Management Llc, which manages about $1.16 billion and $2.16B US Long portfolio, decreased its stake in Blackline Inc by 509,118 shares to 185,152 shares, valued at $6.07 million in 2017Q4, according to the filing. It also reduced its holding in Netease Inc (NASDAQ:NTES) by 46,998 shares in the quarter, leaving it with 159,456 shares, and cut its stake in Nvidia Corp (NASDAQ:NVDA).

Among 6 analysts covering Kulicke and Soffa Industries (NASDAQ:KLIC), 3 have Buy rating, 1 Sell and 2 Hold. Therefore 50% are positive. Kulicke and Soffa Industries had 13 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by B. Riley & Co with “Buy” on Wednesday, August 2. The firm has “Hold” rating given on Friday, November 18 by Standpoint Research. The stock has “Buy” rating by FBR Capital on Thursday, February 1. The firm has “Buy” rating given on Thursday, June 29 by B. Riley & Co. On Thursday, August 6 the stock rating was upgraded by Zacks to “Sell”. The stock of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) earned “Buy” rating by B. Riley & Co on Wednesday, November 15. As per Monday, November 13, the company rating was maintained by FBR Capital. As per Wednesday, November 15, the company rating was maintained by Bank of America. The rating was maintained by FBR Capital with “Buy” on Friday, May 11. The firm earned “Buy” rating on Wednesday, November 15 by DA Davidson.

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Institutional Positions Chart

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