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As Sps Commerce (SPSC) Market Value Rose, Tiverton Asset Management Trimmed Its Stake; As Jack In The Box (JACK) Valuation Declined, Water Island Capital Has Decreased Position by $6.94 Million

SPS Commerce, Inc. (NASDAQ:SPSC) Logo

John Orrico decreased its stake in Jack In The Box Inc (JACK) by 46.64% based on its latest 2018Q1 regulatory filing with the SEC. Water Island Capital Llc sold 81,619 shares as the company’s stock declined 8.97% with the market. The hedge fund run by John Orrico held 93,381 shares of the restaurants company at the end of 2018Q1, valued at $7.97 million, down from 175,000 at the end of the previous reported quarter. Water Island Capital Llc who had been investing in Jack In The Box Inc for a number of months, seems to be less bullish one the $2.42 billion market cap company. The stock increased 0.22% or $0.19 during the last trading session, reaching $84.94. About 427,101 shares traded. Jack in the Box Inc. (NASDAQ:JACK) has declined 21.27% since June 13, 2017 and is downtrending. It has underperformed by 33.84% the S&P500. Some Historical JACK News: 16/05/2018 – Jack in the Box Sees FY18 Same-Store Sales Increase of Approximately Flat to Up 1.0%; 21/03/2018 – Jack in the Box Inc. Amends Credit Agreement; 16/05/2018 – Jack in the Box Sees Approximately 25 Restaurants Opening System-Wide in FY18; 16/05/2018 – JACK IN THE BOX 2Q ADJ OPER EPS 80C, EST. 86C; 15/05/2018 – DEEP ECO: Jack in the Box May Benefit, Industry Up This Quarter; 21/03/2018 – Jack in the Box Completes Sale of Qdoba to Affiliates of Apollo Global Management for About $305M Cash; 16/05/2018 – Jack in the Box Announces $200 Million Share Repurchase Authorization; 16/05/2018 – JACK IN THE BOX INC SEES FISCAL YEAR 2018 SAME-STORE SALES INCREASE OF APPROXIMATELY FLAT TO UP 1.0 PERCENT AT JACK IN BOX SYSTEM RESTAURANTS; 16/05/2018 – JACK IN THE BOX INC QTRLY REV $209.8 MLN VS $265.9 MLN; 21/03/2018 Jack in the Box Inc. Completes Sale of Qdoba Restaurant Corporation

Tiverton Asset Management Llc decreased its stake in Sps Commerce Inc (SPSC) by 74.72% based on its latest 2018Q1 regulatory filing with the SEC. Tiverton Asset Management Llc sold 20,293 shares as the company’s stock rose 20.38% while stock markets declined. The institutional investor held 6,864 shares of the technology company at the end of 2018Q1, valued at $440,000, down from 27,157 at the end of the previous reported quarter. Tiverton Asset Management Llc who had been investing in Sps Commerce Inc for a number of months, seems to be less bullish one the $1.35 billion market cap company. The stock increased 0.84% or $0.65 during the last trading session, reaching $77.74. About 70,831 shares traded. SPS Commerce, Inc. (NASDAQ:SPSC) has risen 24.88% since June 13, 2017 and is uptrending. It has outperformed by 12.31% the S&P500. Some Historical SPSC News: 26/04/2018 – SPS Commerce 1Q EPS 19c; 01/05/2018 – Qumulo Appoints Peter Zaballos as Chief Marketing Officer; 20/03/2018 – SPS Commerce Forms Golden Cross: Technicals; 26/04/2018 – SPS COMMERCE INC SPSC.O SEES FY 2018 REVENUE $242 MLN TO $244 MLN; 26/04/2018 – SPS Commerce Sees 2Q EPS 14c-EPS 16c; 26/04/2018 – SPS COMMERCE INC SPSC.O FY2018 SHR VIEW $1.34, REV VIEW $242.5 MLN — THOMSON REUTERS l/B/E/S; 20/04/2018 – DJ SPS Commerce Inc, Inst Holders, 1Q 2018 (SPSC); 26/04/2018 – SPS COMMERCE INC SPSC.O SEES FY 2018 NON-GAAP SHR $1.40 TO $1.45; 16/03/2018 – SPS Commerce Names Michael McConnell to Board; 05/04/2018 – FBO:Veteran Aff: Veterans Affairs Contract Award – Z–Modernize SPS Elevators SE-3 & SE-4 Louis Stokes VAMC Cleveland, OH 44106

Water Island Capital Llc, which manages about $3.48 billion and $2.50B US Long portfolio, upped its stake in Monsanto Co New (NYSE:MON) by 787,356 shares to 1.30 million shares, valued at $151.45 million in 2018Q1, according to the filing. It also increased its holding in Gray Television Inc (NYSE:GTN) by 42,464 shares in the quarter, for a total of 81,276 shares, and has risen its stake in Altaba Inc.

More notable recent Jack in the Box Inc. (NASDAQ:JACK) news were published by: Businesswire.com which released: “Jack in the Box Inc. to Present at Three Investment Conferences in June” on May 30, 2018, also Seekingalpha.com with their article: “Comparable sales miss at Jack in the Box” published on May 16, 2018, Fool.com published: “3 Simple Reasons Jack in the Box Isn’t Popping Back Up” on May 29, 2018. More interesting news about Jack in the Box Inc. (NASDAQ:JACK) were released by: Streetinsider.com and their article: “Jack in the Box (JACK) Misses Q2 EPS by 5c, Miss on Revenues” published on May 16, 2018 as well as Businesswire.com‘s news article titled: “Jack in the Box Inc. Reports Second Quarter FY 2018 Earnings” with publication date: May 16, 2018.

Investors sentiment decreased to 0.92 in 2018 Q1. Its down 0.35, from 1.27 in 2017Q4. It worsened, as 41 investors sold JACK shares while 66 reduced holdings. 28 funds opened positions while 70 raised stakes. 27.91 million shares or 0.76% more from 27.70 million shares in 2017Q4 were reported. Freshford Cap Mgmt Lc accumulated 469,069 shares. 234 are owned by Tci Wealth Advsr. Texas Permanent School Fund reported 0.02% of its portfolio in Jack in the Box Inc. (NASDAQ:JACK). Wellington Mngmt Group Llp invested 0% in Jack in the Box Inc. (NASDAQ:JACK). Commonwealth Of Pennsylvania School Empls Retrmt invested in 7,962 shares. Pnc Fincl Service Gp Incorporated Inc stated it has 0% in Jack in the Box Inc. (NASDAQ:JACK). D E Shaw And accumulated 0.05% or 391,021 shares. Barclays Public Ltd has 0% invested in Jack in the Box Inc. (NASDAQ:JACK). Ls Investment Advsrs Limited Company has 0.01% invested in Jack in the Box Inc. (NASDAQ:JACK). Canada Pension Plan Board reported 0.01% in Jack in the Box Inc. (NASDAQ:JACK). Victory Mgmt has invested 0.02% in Jack in the Box Inc. (NASDAQ:JACK). Teacher Retirement System Of Texas holds 0% or 6,515 shares in its portfolio. First Mercantile reported 0.02% in Jack in the Box Inc. (NASDAQ:JACK). Stratos Wealth Ptnrs Limited owns 135 shares or 0% of their US portfolio. Moreover, Profund Limited has 0.02% invested in Jack in the Box Inc. (NASDAQ:JACK) for 5,328 shares.

Among 19 analysts covering Jack In The Box Inc. (NASDAQ:JACK), 10 have Buy rating, 0 Sell and 9 Hold. Therefore 53% are positive. Jack In The Box Inc. had 76 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by SunTrust with “Buy” on Tuesday, January 2. The firm has “Overweight” rating by Morgan Stanley given on Friday, April 8. Barclays Capital maintained Jack in the Box Inc. (NASDAQ:JACK) rating on Tuesday, January 16. Barclays Capital has “Hold” rating and $101.0 target. The rating was maintained by Jefferies with “Buy” on Tuesday, October 10. The firm has “Buy” rating given on Monday, August 28 by Oppenheimer. Robert W. Baird maintained the shares of JACK in report on Wednesday, January 10 with “Buy” rating. The stock of Jack in the Box Inc. (NASDAQ:JACK) has “Equal-Weight” rating given on Friday, February 19 by Barclays Capital. The stock has “Equal-Weight” rating by Barclays Capital on Thursday, August 10. The stock of Jack in the Box Inc. (NASDAQ:JACK) has “Buy” rating given on Monday, August 7 by Oppenheimer. The firm has “Buy” rating by Goldman Sachs given on Friday, January 19.

Analysts await Jack in the Box Inc. (NASDAQ:JACK) to report earnings on August, 8. They expect $0.87 earnings per share, down 12.12% or $0.12 from last year’s $0.99 per share. JACK’s profit will be $24.75M for 24.41 P/E if the $0.87 EPS becomes a reality. After $0.80 actual earnings per share reported by Jack in the Box Inc. for the previous quarter, Wall Street now forecasts 8.75% EPS growth.

Since February 23, 2018, it had 0 buys, and 4 insider sales for $349,826 activity. Another trade for 1,486 shares valued at $125,834 was made by GOEBEL DAVID on Friday, March 23.

Tiverton Asset Management Llc, which manages about $1.44B US Long portfolio, upped its stake in Texas Instruments Inc (NASDAQ:TXN) by 26,652 shares to 90,827 shares, valued at $9.44 million in 2018Q1, according to the filing. It also increased its holding in Costco Wholesale Corp (NASDAQ:COST) by 4,250 shares in the quarter, for a total of 63,155 shares, and has risen its stake in Esperion Therapeutics Inc (NASDAQ:ESPR).

Analysts await SPS Commerce, Inc. (NASDAQ:SPSC) to report earnings on July, 26. They expect $0.20 EPS, up 33.33% or $0.05 from last year’s $0.15 per share. SPSC’s profit will be $3.47M for 97.18 P/E if the $0.20 EPS becomes a reality. After $0.24 actual EPS reported by SPS Commerce, Inc. for the previous quarter, Wall Street now forecasts -16.67% negative EPS growth.

Investors sentiment increased to 1.27 in 2018 Q1. Its up 0.11, from 1.16 in 2017Q4. It improved, as 14 investors sold SPSC shares while 46 reduced holdings. 28 funds opened positions while 48 raised stakes. 15.91 million shares or 5.49% less from 16.83 million shares in 2017Q4 were reported. The Massachusetts-based State Street has invested 0% in SPS Commerce, Inc. (NASDAQ:SPSC). United Kingdom-based Hsbc Holding Plc has invested 0% in SPS Commerce, Inc. (NASDAQ:SPSC). Principal Grp holds 132,225 shares or 0.01% of its portfolio. Ameriprise invested in 354,692 shares. D E Shaw Inc holds 0.03% or 296,106 shares in its portfolio. Wells Fargo & Mn invested in 0.01% or 515,518 shares. Jnba Advsr holds 0.01% or 501 shares. 5,604 are held by Bnp Paribas Arbitrage Sa. Employees Retirement Association Of Colorado invested in 0% or 1,225 shares. Invesco Ltd has 82,887 shares for 0% of their portfolio. Ironwood Invest Mngmt Ltd Liability Corporation holds 0.37% or 7,893 shares in its portfolio. Sg Americas Ltd holds 2,060 shares. Howe And Rusling invested in 0% or 35 shares. Jefferies Group Ltd Liability owns 0% invested in SPS Commerce, Inc. (NASDAQ:SPSC) for 4,856 shares. Goldman Sachs Group holds 106,369 shares.

Since February 12, 2018, it had 0 buys, and 4 insider sales for $2.09 million activity. Frome James J. sold 8,357 shares worth $452,255. 5,968 shares were sold by Nelson Kimberly K., worth $399,856.

SPS Commerce, Inc. (NASDAQ:SPSC) Institutional Positions Chart

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