Market News

As Xcerra (XCRA) Stock Value Rose, Yakira Capital Management Has Lowered Position by $709,764; As Blackberry LTD (BBRY) Valuation Were Volatile, Skytop Capital Management Has Cut Its Holding

Xcerra Corporation (NASDAQ:XCRA) Logo

Dan Sobol decreased its stake in Blackberry Ltd (BBRY) by 43.55% based on its latest 2018Q1 regulatory filing with the SEC. Skytop Capital Management Llc sold 438,456 shares as the company’s stock 0.00% . The hedge fund run by Dan Sobol held 568,393 shares of the telecommunications equipment company at the end of 2018Q1, valued at $6.54M, down from 1.01 million at the end of the previous reported quarter. Skytop Capital Management Llc who had been investing in Blackberry Ltd for a number of months, seems to be less bullish one the $ market cap company. The stock increased 0.70% or $0.08 during the last trading session, reaching $11.57. About 8.26 million shares traded or Infinity% up from the average. BlackBerry Limited (NASDAQ:BBRY) has 0.00% since June 2, 2017 and is . It has underperformed by 12.57% the S&P500.

Yakira Capital Management Inc decreased its stake in Xcerra Corp (XCRA) by 67.27% based on its latest 2018Q1 regulatory filing with the SEC. Yakira Capital Management Inc sold 64,524 shares as the company’s stock rose 39.30% while stock markets declined. The hedge fund held 31,395 shares of the electrical products company at the end of 2018Q1, valued at $366,000, down from 95,919 at the end of the previous reported quarter. Yakira Capital Management Inc who had been investing in Xcerra Corp for a number of months, seems to be less bullish one the $763.31M market cap company. The stock increased 0.94% or $0.13 during the last trading session, reaching $13.9. About 863,743 shares traded. Xcerra Corporation (NASDAQ:XCRA) has risen 43.78% since June 2, 2017 and is uptrending. It has outperformed by 31.21% the S&P500.

Yakira Capital Management Inc, which manages about $188.00 million and $437.50 million US Long portfolio, upped its stake in Monsanto Co New (Call) (NYSE:MON) by 323,691 shares to 360,000 shares, valued at $42.01M in 2018Q1, according to the filing. It also increased its holding in Time Warner Inc (Call) (NYSE:TWX) by 10,700 shares in the quarter, for a total of 210,700 shares, and has risen its stake in Tribune Media Co.

Analysts await Xcerra Corporation (NASDAQ:XCRA) to report earnings on June, 7. They expect $0.21 earnings per share, up 23.53% or $0.04 from last year’s $0.17 per share. XCRA’s profit will be $11.53M for 16.55 P/E if the $0.21 EPS becomes a reality. After $0.19 actual earnings per share reported by Xcerra Corporation for the previous quarter, Wall Street now forecasts 10.53% EPS growth.

More notable recent Xcerra Corporation (NASDAQ:XCRA) news were published by: Benzinga.com which released: “Stifel Downgrades LTX-Credence Ahead Of Cohu Buyout, ‘Competing Bids’ Unlikely” on May 29, 2018, also Streetinsider.com with their article: “Cohu (COHU) Reports Agreement to Acquire Xcerra Corporation (XCRA) for Approx. $796M” published on May 08, 2018, Nasdaq.com published: “Consolidated Research: 2018 Summary Expectations for Seaspan, Canadian Imperial Bank of Commerce, Bank Of …” on June 01, 2018. More interesting news about Xcerra Corporation (NASDAQ:XCRA) were released by: Benzinga.com and their article: “Benzinga Pro’s 5 Stocks To Watch Today” published on May 23, 2018 as well as Globenewswire.com‘s news article titled: “Xcerra Announces Third Quarter Results” with publication date: May 23, 2018.

Among 6 analysts covering Xcerra (NASDAQ:XCRA), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. Xcerra had 18 analyst reports since September 4, 2015 according to SRatingsIntel. DA Davidson downgraded Xcerra Corporation (NASDAQ:XCRA) rating on Tuesday, April 11. DA Davidson has “Neutral” rating and $10.25 target. The rating was maintained by FBR Capital on Thursday, May 24 with “Hold”. The firm has “Hold” rating by Needham given on Wednesday, May 9. The rating was downgraded by Stifel Nicolaus to “Hold” on Tuesday, May 29. The firm earned “Hold” rating on Monday, May 15 by Stifel Nicolaus. Needham upgraded Xcerra Corporation (NASDAQ:XCRA) rating on Tuesday, April 17. Needham has “Buy” rating and $1600 target. The stock of Xcerra Corporation (NASDAQ:XCRA) earned “Hold” rating by Needham on Thursday, October 26. The firm earned “Hold” rating on Wednesday, August 30 by Needham. The company was downgraded on Tuesday, April 11 by B. Riley & Co. Stifel Nicolaus upgraded the shares of XCRA in report on Friday, February 23 to “Buy” rating.

Among 22 analysts covering Blackberry (NASDAQ:BBRY), 2 have Buy rating, 4 Sell and 16 Hold. Therefore 9% are positive. Blackberry had 58 analyst reports since July 28, 2015 according to SRatingsIntel. RBC Capital Markets maintained BlackBerry Limited (NASDAQ:BBRY) on Thursday, September 28 with “Hold” rating. As per Friday, June 23, the company rating was maintained by Oppenheimer. The firm has “Neutral” rating by M Partners given on Friday, December 18. On Monday, June 26 the stock rating was maintained by TD Securities with “Buy”. The stock of BlackBerry Limited (NASDAQ:BBRY) earned “Outperform” rating by Macquarie Research on Monday, April 3. The rating was maintained by JP Morgan with “Neutral” on Monday, April 4. As per Wednesday, September 27, the company rating was maintained by BMO Capital Markets. Imperial Capital maintained BlackBerry Limited (NASDAQ:BBRY) on Thursday, December 22 with “In-Line” rating. The company was initiated on Tuesday, February 2 by TD Securities. The rating was maintained by JP Morgan on Monday, August 29 with “Neutral”.

Skytop Capital Management Llc, which manages about $345.70 million and $85.98 million US Long portfolio, upped its stake in Paypal Hldgs Inc by 33,250 shares to 108,250 shares, valued at $8.21 million in 2018Q1, according to the filing.

Xcerra Corporation (NASDAQ:XCRA) Ratings Chart

Leave a Reply

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