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Spartan Motors, Inc. (SPAR) Reaches $14.75 After 6.00% Down Move; Shelton Capital Management Increased Its Alibaba Group Hldg LTD (BABA) Holding

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Shelton Capital Management increased Alibaba Group Hldg Ltd (BABA) stake by 14.87% reported in 2018Q1 SEC filing. Shelton Capital Management acquired 1,991 shares as Alibaba Group Hldg Ltd (BABA)’s stock rose 2.58%. The Shelton Capital Management holds 15,380 shares with $2.82M value, up from 13,389 last quarter. Alibaba Group Hldg Ltd now has $538.36B valuation. The stock increased 1.40% or $2.9 during the last trading session, reaching $209.52. About 9.14 million shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 61.13% since June 14, 2017 and is uptrending. It has outperformed by 48.56% the S&P500. Some Historical BABA News: ; 20/04/2018 – ALIBABA PICTURES GROUP LTD 1060.HK – UNIT ENTERED MARKETING COOPERATION FRAMEWORK AGREEMENT WITH ALIMAMA AND YOUKU TUDOU; 30/05/2018 – Sen. @MarkWarner: In tech, Chinese companies are operating in a different rule book than us. It is a government that will force companies and censor them. Alibaba, Tencent and others, they are all penetrated deeply by the Chinese government; 09/04/2018 – Yahoo! UK: China’s SenseTime valued at $4.5 billion after $600 million funding led by Alibaba; 15/03/2018 – ALIBABA GROUP’S SECONDARY LISTING IN CHINA COULD HAPPEN AS SOON AS THIS SUMMER – WSJ, CITING; 12/03/2018 – IKANG HEALTHCARE – CERTAIN DEVELOPMENTS WITH RESPECT TO PREVIOUSLY DISCLOSED POTENTIAL GOING PRIVATE DEAL PROPOSED BY YUNFENG CAPITAL ON JUNE 6, 2016; 09/05/2018 – SUNING.COM 002024.SZ SAYS SHAREHOLDERS APPROVE PROPOSAL IN SELLING PART OF CO’S FINANCIAL ASSETS; 04/04/2018 – Tencent and Alibaba share the same strategy: Invest in the most promising online and mobile services that emerge in China; 04/05/2018 – Alibaba Group Holding 4Q Net $1.22B; 14/03/2018 – Hangzhou may build road for autonomous-driving cars, sources say; may benefit Alibaba, Geely; 12/03/2018 – iKang Announces Receipt of Acquisition Proposal from Yunfeng Capital and Alibaba

The stock of Spartan Motors, Inc. (NASDAQ:SPAR) is a huge mover today! The stock decreased 4.84% or $0.75 during the last trading session, reaching $14.75. About 208,087 shares traded. Spartan Motors, Inc. (NASDAQ:SPAR) has risen 89.41% since June 14, 2017 and is uptrending. It has outperformed by 76.84% the S&P500. Some Historical SPAR News: ; 16/04/2018 – Moody’s: Vermilion Acquisition Of Spartan Is Credit Positive; 25/05/2018 – Spartan Energy Corp. Announces Shareholder and Court Approval of Arrangement; 29/05/2018 – Spartan Motors Presenting at Conference Tomorrow; 03/05/2018 – Spartan Motors Backs 2018 EBIT $39M-EBIT $42M; 02/04/2018 – DoD-US Army: Supporting Operation Spartan Shield, 28th Infantry Division remains mission focused; 29/03/2018 – Bloomberg Markets: Spartan Race Partners with Craft Sportswear; 16/04/2018 – Vermilion to Buy Spartan Energy for C$1.23 Billion (Correct); 04/05/2018 – Spartan Motors Announces Semi-Annual Dividend; 16/04/2018 – MOODY’S: VERMILION PURCHASE OF SPARTAN IS CREDIT POSITIVE; 03/05/2018 – Spartan Motors Raises 2018 View To EPS 58c-EPS 64cThe move comes after 5 months negative chart setup for the $520.58M company. It was reported on Jun, 14 by Barchart.com. We have $13.87 PT which if reached, will make NASDAQ:SPAR worth $31.23 million less.

More news for Spartan Motors, Inc. (NASDAQ:SPAR) were recently published by: Prnewswire.com, which released: “Spartan Motors Announces Addition of Paul Mascarenas to its Board of Directors” on June 04, 2018. Prnewswire.com‘s article titled: “Spartan Motors’ UtilimasterĀ® Displays Walk-in Van For Urban Utility Service At Electric Utility Fleet Managers Conference” and published on June 12, 2018 is yet another important article.

Since December 15, 2017, it had 0 buys, and 7 insider sales for $945,209 activity. 3,750 Spartan Motors, Inc. (NASDAQ:SPAR) shares with value of $61,813 were sold by KIVELL THOMAS. Sohm Frederick J. sold 16,000 shares worth $255,490. The insider GUILLAUME STEPHEN K sold 2,650 shares worth $41,155. Shares for $297,136 were sold by Schultz Thomas C. on Friday, June 8. SLAWSON JOHN W had sold 21,191 shares worth $326,748 on Friday, December 15.

Analysts await Spartan Motors, Inc. (NASDAQ:SPAR) to report earnings on August, 1. They expect $0.12 earnings per share, up 71.43% or $0.05 from last year’s $0.07 per share. SPAR’s profit will be $4.24 million for 30.73 P/E if the $0.12 EPS becomes a reality. After $0.09 actual earnings per share reported by Spartan Motors, Inc. for the previous quarter, Wall Street now forecasts 33.33% EPS growth.

Among 4 analysts covering Spartan Motors (NASDAQ:SPAR), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Spartan Motors had 9 analyst reports since August 6, 2015 according to SRatingsIntel. Roth Capital initiated Spartan Motors, Inc. (NASDAQ:SPAR) on Wednesday, January 25 with “Buy” rating. Craig Hallum initiated the shares of SPAR in report on Tuesday, July 26 with “Buy” rating. Roth Capital maintained the shares of SPAR in report on Tuesday, August 1 with “Buy” rating. As per Friday, November 6, the company rating was downgraded by Seaport Global Securities. The firm has “Buy” rating by Zacks given on Saturday, August 8. The stock of Spartan Motors, Inc. (NASDAQ:SPAR) earned “Buy” rating by Roth Capital on Tuesday, October 17. The stock of Spartan Motors, Inc. (NASDAQ:SPAR) earned “Buy” rating by TH Capital on Wednesday, January 25. Zacks upgraded the stock to “Hold” rating in Thursday, August 6 report.

Spartan Motors, Inc., through its subsidiaries, engineers, makes, and sells heavy-duty and custom vehicles in the United States, Canada, South America, and Asia. The company has market cap of $520.58 million. It operates through three divisions: Emergency Response Vehicles, Fleet Vehicles and Services, and Specialty Chassis and Vehicles. It has a 32.35 P/E ratio. The Emergency Response Vehicles segment offers emergency response chassis and vehicles, and aerial ladder components, as well as aftermarket repair parts and accessories under the Spartan ERV brand name.

Investors sentiment increased to 1.34 in 2018 Q1. Its up 0.16, from 1.18 in 2017Q4. It is positive, as 12 investors sold Spartan Motors, Inc. shares while 41 reduced holdings. 38 funds opened positions while 33 raised stakes. 23.19 million shares or 3.35% more from 22.44 million shares in 2017Q4 were reported. 290,000 are held by Gamco Et Al. Renaissance Techs Ltd Liability Com has invested 0.02% of its portfolio in Spartan Motors, Inc. (NASDAQ:SPAR). 415 are owned by Plante Moran Finance Advsrs Ltd Liability Corp. 31,771 are held by Wilen Corp. Royal Fincl Bank Of Canada has 9,364 shares. Segall Bryant & Hamill Lc reported 577,402 shares. Rhumbline Advisers reported 0% stake. Illinois-based Ubs Asset Management Americas has invested 0% in Spartan Motors, Inc. (NASDAQ:SPAR). Citigroup has invested 0% in Spartan Motors, Inc. (NASDAQ:SPAR). 421,928 were accumulated by Driehaus Cap Limited Company. Bnp Paribas Arbitrage Sa accumulated 7,127 shares. Alps holds 0% or 28,532 shares. Zuckerman Inv Grp Ltd Co has 364,075 shares. Invesco reported 0% of its portfolio in Spartan Motors, Inc. (NASDAQ:SPAR). Manufacturers Life Com The owns 25,558 shares or 0% of their US portfolio.

More notable recent Alibaba Group Holding Limited (NYSE:BABA) news were published by: Seekingalpha.com which released: “Difficult Not To Win With Alibaba” on June 14, 2018, also Benzinga.com with their article: “The Cloud Rains Opportunity For Alibaba; Wells Fargo Projects 21% Upside In Shares” published on June 14, 2018, Seekingalpha.com published: “Alibaba: Can This Rally Be Sustained?” on June 07, 2018. More interesting news about Alibaba Group Holding Limited (NYSE:BABA) were released by: Seekingalpha.com and their article: “Alibaba Knows No Boundaries” published on June 01, 2018 as well as Seekingalpha.com‘s news article titled: “Buy Alibaba – Cramer’s Lightning Round (6/12/18)” with publication date: June 13, 2018.

Shelton Capital Management decreased Franklin Res Inc (NYSE:BEN) stake by 168,833 shares to 191,167 valued at $6.63 million in 2018Q1. It also reduced Dollar Tree Inc (NASDAQ:DLTR) stake by 25,862 shares and now owns 25,029 shares. Lincoln Natl Corp Ind (NYSE:LNC) was reduced too.

Among 39 analysts covering Alibaba (NYSE:BABA), 37 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 182 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of Alibaba Group Holding Limited (NYSE:BABA) has “Buy” rating given on Thursday, August 13 by Vetr. The firm has “Buy” rating by Axiom Capital given on Thursday, August 13. The rating was maintained by Barclays Capital on Monday, August 21 with “Overweight”. The rating was maintained by Suntrust Robinson with “Buy” on Friday, August 12. The firm earned “Buy” rating on Thursday, June 22 by Robert W. Baird. JP Morgan maintained Alibaba Group Holding Limited (NYSE:BABA) rating on Tuesday, June 27. JP Morgan has “Overweight” rating and $190 target. The stock of Alibaba Group Holding Limited (NYSE:BABA) earned “Buy” rating by UBS on Friday, August 18. On Monday, August 14 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock has “Outperform” rating by RBC Capital Markets on Wednesday, October 28. Atlantic Securities upgraded Alibaba Group Holding Limited (NYSE:BABA) on Tuesday, August 22 to “Overweight” rating.

Spartan Motors, Inc. (NASDAQ:SPAR) Institutional Positions Chart

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