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Duquesne Family Office Trimmed Jd Com (JD) Holding by $44.56 Million as Shares Declined; Primecap Management Company Trimmed Its Descartes Sys Grp (DSGX) Stake by $1.18 Million

JD.com, Inc. (NASDAQ:JD) Logo

Primecap Management Company decreased its stake in Descartes Sys Grp Inc (DSGX) by 0.92% based on its latest 2017Q4 regulatory filing with the SEC. Primecap Management Company sold 42,200 shares as the company’s stock declined 0.36% with the market. The institutional investor held 4.54M shares of the prepackaged software company at the end of 2017Q4, valued at $128.98 million, down from 4.58M at the end of the previous reported quarter. Primecap Management Company who had been investing in Descartes Sys Grp Inc for a number of months, seems to be less bullish one the $2.34 billion market cap company. The stock increased 0.50% or $0.15 during the last trading session, reaching $30.35. About 12,072 shares traded. The Descartes Systems Group Inc (NASDAQ:DSGX) has risen 22.10% since May 23, 2017 and is uptrending. It has outperformed by 10.55% the S&P500.

Stanley Druckenmiller decreased its stake in Jd Com Inc (JD) by 49.74% based on its latest 2017Q4 regulatory filing with the SEC. Duquesne Family Office Llc sold 1.09M shares as the company’s stock declined 3.51% with the market. The hedge fund run by Stanley Druckenmiller held 1.10 million shares of the consumer services company at the end of 2017Q4, valued at $45.49 million, down from 2.19M at the end of the previous reported quarter. Duquesne Family Office Llc who had been investing in Jd Com Inc for a number of months, seems to be less bullish one the $53.00B market cap company. The stock increased 2.13% or $0.7742 during the last trading session, reaching $37.1342. About 9.58 million shares traded. JD.com, Inc. (NASDAQ:JD) has risen 29.73% since May 23, 2017 and is uptrending. It has outperformed by 18.18% the S&P500.

Among 11 analysts covering Descartes Systems Group (NASDAQ:DSGX), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Descartes Systems Group had 36 analyst reports since July 21, 2015 according to SRatingsIntel. Raymond James downgraded the shares of DSGX in report on Thursday, November 30 to “Market Perform” rating. The rating was maintained by BMO Capital Markets with “Hold” on Wednesday, May 31. TD Securities maintained The Descartes Systems Group Inc (NASDAQ:DSGX) on Monday, May 29 with “Buy” rating. As per Friday, September 11, the company rating was maintained by RBC Capital Markets. Barclays Capital maintained The Descartes Systems Group Inc (NASDAQ:DSGX) rating on Friday, September 9. Barclays Capital has “Overweight” rating and $24 target. Canaccord Genuity maintained the stock with “Buy” rating in Friday, September 11 report. BMO Capital Markets maintained it with “Hold” rating and $26.0 target in Tuesday, August 15 report. The stock of The Descartes Systems Group Inc (NASDAQ:DSGX) earned “Buy” rating by RBC Capital Markets on Tuesday, August 15. RBC Capital Markets maintained The Descartes Systems Group Inc (NASDAQ:DSGX) on Tuesday, November 7 with “Buy” rating. Canaccord Genuity maintained the shares of DSGX in report on Wednesday, May 31 with “Buy” rating.

Another recent and important The Descartes Systems Group Inc (NASDAQ:DSGX) news was published by Nasdaq.com which published an article titled: “Vigilant Enhances Global Trade Compliance Managed Services with Content Solutions from Descartes” on May 08, 2018.

Analysts await The Descartes Systems Group Inc (NASDAQ:DSGX) to report earnings on May, 30 after the close. They expect $0.11 EPS, up 22.22% or $0.02 from last year’s $0.09 per share. DSGX’s profit will be $8.47M for 68.98 P/E if the $0.11 EPS becomes a reality. After $0.09 actual EPS reported by The Descartes Systems Group Inc for the previous quarter, Wall Street now forecasts 22.22% EPS growth.

Primecap Management Company, which manages about $87.86B and $130.31B US Long portfolio, upped its stake in Sprint Corp. (NYSE:S) by 64,900 shares to 36.63M shares, valued at $215.75 million in 2017Q4, according to the filing. It also increased its holding in Arista Neetworks (NYSE:ANET) by 4,000 shares in the quarter, for a total of 5,800 shares, and has risen its stake in Flex Pharma.

More notable recent JD.com, Inc. (NASDAQ:JD) news were published by: Seekingalpha.com which released: “JD: Where’s The Bottom?” on April 26, 2018, also Seekingalpha.com with their article: “Who Would Buy JD Now?” published on May 17, 2018, Fool.com published: “Forget Cryptocurrencies, You’re Better Off Buying These 3 Stocks” on May 18, 2018. More interesting news about JD.com, Inc. (NASDAQ:JD) were released by: Seekingalpha.com and their article: “JD: The Best Or Nothing” published on May 07, 2018 as well as Nasdaq.com‘s news article titled: “JD.com, Inc. Files Its Annual Report on Form 20-F” with publication date: April 27, 2018.

Analysts await JD.com, Inc. (NASDAQ:JD) to report earnings on August, 13. They expect $-0.04 EPS, down 300.00% or $0.06 from last year’s $0.02 per share. After $0.17 actual EPS reported by JD.com, Inc. for the previous quarter, Wall Street now forecasts -123.53% negative EPS growth.

Duquesne Family Office Llc, which manages about $1.98B US Long portfolio, upped its stake in Nektar Therapeutics (NASDAQ:NKTR) by 667,900 shares to 1.83 million shares, valued at $109.53 million in 2017Q4, according to the filing. It also increased its holding in Microsoft Corp (NASDAQ:MSFT) by 321,700 shares in the quarter, for a total of 3.23M shares, and has risen its stake in Biogen Inc (NASDAQ:BIIB).

Among 22 analysts covering JD.com (NASDAQ:JD), 16 have Buy rating, 0 Sell and 6 Hold. Therefore 73% are positive. JD.com had 52 analyst reports since August 4, 2015 according to SRatingsIntel. The company was maintained on Tuesday, November 14 by Wells Fargo. JP Morgan upgraded the shares of JD in report on Monday, January 9 to “Overweight” rating. Wells Fargo initiated the shares of JD in report on Tuesday, September 26 with “Buy” rating. Stifel Nicolaus maintained JD.com, Inc. (NASDAQ:JD) on Wednesday, December 13 with “Buy” rating. JP Morgan maintained the shares of JD in report on Monday, March 5 with “Overweight” rating. The rating was initiated by Bernstein with “Underperform” on Wednesday, January 11. J.P. Morgan downgraded JD.com, Inc. (NASDAQ:JD) rating on Wednesday, May 9. J.P. Morgan has “Hold” rating and $3800 target. The rating was maintained by Bernstein on Wednesday, January 31 with “Hold”. Nomura maintained JD.com, Inc. (NASDAQ:JD) rating on Thursday, August 11. Nomura has “Buy” rating and $30 target. The stock has “Buy” rating by M Partners on Wednesday, August 23.

The Descartes Systems Group Inc (NASDAQ:DSGX) Ratings Chart

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