Profire Energy, Inc. (PFIE) Short Interest Update

Two Sigma Investments LP lifted its position in shares of Profire Energy by 21.4% during the 4th quarter. Two Sigma Investments LP now owns 67,520 …

Profire Energy logoProfire Energy, Inc. (NASDAQ:PFIE) was the recipient of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 453,826 shares, a decrease of 35.0% from the January 15th total of 698,293 shares. Approximately 1.4% of the shares of the stock are sold short. Based on an average daily volume of 327,831 shares, the short-interest ratio is presently 1.4 days.

A number of equities research analysts have weighed in on PFIE shares. ValuEngine upgraded Profire Energy from a “strong sell” rating to a “sell” rating in a research report on Friday, February 8th. Maxim Group restated a “buy” rating and issued a $5.00 target price on shares of Profire Energy in a research report on Friday, November 9th. Finally, Zacks Investment Research upgraded Profire Energy from a “hold” rating to a “buy” rating and set a $2.75 target price for the company in a research report on Thursday, November 15th.

Several large investors have recently made changes to their positions in the company. Two Sigma Investments LP lifted its position in shares of Profire Energy by 21.4% during the 4th quarter. Two Sigma Investments LP now owns 67,520 shares of the oil and gas company’s stock valued at $98,000 after acquiring an additional 11,920 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Profire Energy by 3.0% during the 4th quarter. Geode Capital Management LLC now owns 309,857 shares of the oil and gas company’s stock valued at $449,000 after acquiring an additional 9,050 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of Profire Energy by 62.6% during the 4th quarter. Bank of New York Mellon Corp now owns 102,226 shares of the oil and gas company’s stock valued at $149,000 after acquiring an additional 39,363 shares during the last quarter. BlackRock Inc. lifted its position in shares of Profire Energy by 0.5% during the 4th quarter. BlackRock Inc. now owns 1,535,945 shares of the oil and gas company’s stock valued at $2,227,000 after acquiring an additional 6,998 shares during the last quarter. Finally, Perritt Capital Management Inc. lifted its position in shares of Profire Energy by 335.9% during the 4th quarter. Perritt Capital Management Inc. now owns 392,296 shares of the oil and gas company’s stock valued at $569,000 after acquiring an additional 302,296 shares during the last quarter. Institutional investors own 44.39% of the company’s stock.

Shares of NASDAQ:PFIE opened at $1.77 on Friday. Profire Energy has a one year low of $1.36 and a one year high of $5.30. The firm has a market cap of $83.18 million, a PE ratio of 19.67 and a beta of 2.06.

WARNING: “Profire Energy, Inc. (PFIE) Short Interest Update” was originally published by Fairfield Current and is the sole property of of Fairfield Current. If you are accessing this piece on another website, it was copied illegally and republished in violation of international trademark and copyright legislation. The original version of this piece can be viewed at https://www.fairfieldcurrent.com/news/2019/02/16/profire-energy-inc-pfie-short-interest-update.html.

Profire Energy Company Profile

Profire Energy, Inc, an oilfield technology company, provides burner- and chemical-management products and services for the oil and gas industry primarily in the United States and Canada. It assists energy production companies in the production and transportation of oil and natural gas. The company offers burner-management systems to ignite, monitor, and manage the burner flames used in oilfield vessels, as well as complementary oilfield products, such as valves and fuel trains, airplates, solar packages, and flare stack igniters and nozzles.

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Vanguard Group Inc Buys 483068 Shares of Profire Energy, Inc. (PFIE)

Vanguard Group Inc increased its holdings in Profire Energy, Inc. (NASDAQ:PFIE) by 44.5% in the 3rd quarter, according to the company in its most …

Profire Energy logoVanguard Group Inc increased its holdings in Profire Energy, Inc. (NASDAQ:PFIE) by 44.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,569,824 shares of the oil and gas company’s stock after acquiring an additional 483,068 shares during the period. Vanguard Group Inc owned about 3.27% of Profire Energy worth $5,007,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in PFIE. Bank of Montreal Can grew its holdings in shares of Profire Energy by 24,392.3% in the third quarter. Bank of Montreal Can now owns 41,147 shares of the oil and gas company’s stock valued at $131,000 after acquiring an additional 40,979 shares in the last quarter. Schwab Charles Investment Management Inc. purchased a new position in Profire Energy in the second quarter valued at approximately $149,000. JPMorgan Chase & Co. lifted its stake in Profire Energy by 874.0% in the third quarter. JPMorgan Chase & Co. now owns 46,783 shares of the oil and gas company’s stock valued at $150,000 after purchasing an additional 41,980 shares during the last quarter. Private Advisor Group LLC lifted its stake in Profire Energy by 331.7% in the third quarter. Private Advisor Group LLC now owns 51,800 shares of the oil and gas company’s stock valued at $165,000 after purchasing an additional 39,800 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in Profire Energy by 238.7% in the second quarter. Bank of New York Mellon Corp now owns 62,863 shares of the oil and gas company’s stock valued at $213,000 after purchasing an additional 44,303 shares during the last quarter. 44.39% of the stock is owned by institutional investors.

Profire Energy stock traded up $0.01 during trading on Tuesday, hitting $1.70. The stock had a trading volume of 38,878 shares, compared to its average volume of 259,650. Profire Energy, Inc. has a 1 year low of $1.36 and a 1 year high of $5.30. The company has a market cap of $78.85 million, a price-to-earnings ratio of 18.89 and a beta of 2.06.

Several research firms recently commented on PFIE. ValuEngine downgraded Profire Energy from a “hold” rating to a “sell” rating in a research note on Thursday, November 1st. Zacks Investment Research upgraded Profire Energy from a “hold” rating to a “buy” rating and set a $2.75 price objective on the stock in a research note on Thursday, November 15th. Finally, Maxim Group reiterated a “buy” rating and issued a $5.00 price objective on shares of Profire Energy in a research note on Friday, November 9th.

COPYRIGHT VIOLATION NOTICE: “Vanguard Group Inc Buys 483,068 Shares of Profire Energy, Inc. (PFIE)” was first posted by Fairfield Current and is owned by of Fairfield Current. If you are viewing this article on another website, it was copied illegally and reposted in violation of United States and international copyright laws. The correct version of this article can be accessed at https://www.fairfieldcurrent.com/news/2019/02/12/vanguard-group-inc-buys-483068-shares-of-profire-energy-inc-pfie.html.

Profire Energy Profile

Profire Energy, Inc, an oilfield technology company, provides burner- and chemical-management products and services for the oil and gas industry primarily in the United States and Canada. It assists energy production companies in the production and transportation of oil and natural gas. The company offers burner-management systems to ignite, monitor, and manage the burner flames used in oilfield vessels, as well as complementary oilfield products, such as valves and fuel trains, airplates, solar packages, and flare stack igniters and nozzles.

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Want to see what other hedge funds are holding PFIE?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Profire Energy, Inc. (NASDAQ:PFIE).

Institutional Ownership by Quarter for Profire Energy (NASDAQ:PFIE)

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Renaissance Technologies LLC Lifted Stake in Profire Energy, Inc. (PFIE)

Renaissance Technologies LLC grew its position in Profire Energy, Inc. (NASDAQ:PFIE) by 20.5% in the third quarter, according to its most recent 13F …

Renaissance Technologies LLC grew its position in Profire Energy, Inc. (NASDAQ:PFIE) by 20.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 981,200 shares of the oil and gas company’s stock after acquiring an additional 166,600 shares during the quarter. Renaissance Technologies LLC owned 2.04% of Profire Energy worth $3,130,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Tower Research Capital LLC TRC lifted its position in shares of Profire Energy by 420.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 29,911 shares of the oil and gas company’s stock worth $101,000 after buying an additional 24,166 shares during the period. Bank of Montreal Can lifted its position in shares of Profire Energy by 24,392.3% during the 3rd quarter. Bank of Montreal Can now owns 41,147 shares of the oil and gas company’s stock worth $131,000 after buying an additional 40,979 shares during the period. Cubist Systematic Strategies LLC bought a new position in shares of Profire Energy during the 2nd quarter worth approximately $133,000. Schwab Charles Investment Management Inc. bought a new position in shares of Profire Energy during the 2nd quarter worth approximately $149,000. Finally, JPMorgan Chase & Co. lifted its position in shares of Profire Energy by 874.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 46,783 shares of the oil and gas company’s stock worth $150,000 after buying an additional 41,980 shares during the period. Institutional investors own 43.81% of the company’s stock.

Several equities analysts recently commented on the company. Zacks Investment Research upgraded Profire Energy from a “hold” rating to a “buy” rating and set a $2.75 target price for the company in a research report on Thursday, November 15th. ValuEngine upgraded Profire Energy from a “strong sell” rating to a “sell” rating in a research report on Wednesday, January 16th. Finally, Maxim Group restated a “buy” rating and set a $5.00 target price on shares of Profire Energy in a research report on Friday, November 9th.

PFIE stock opened at $2.11 on Tuesday. Profire Energy, Inc. has a fifty-two week low of $1.36 and a fifty-two week high of $5.30. The firm has a market cap of $101.46 million, a P/E ratio of 23.44 and a beta of 1.90.

Profire Energy (NASDAQ:PFIE) last released its quarterly earnings results on Wednesday, November 7th. The oil and gas company reported $0.03 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.03. Profire Energy had a return on equity of 14.66% and a net margin of 14.29%. The firm had revenue of $11.50 million during the quarter, compared to analysts’ expectations of $11.82 million. Equities analysts anticipate that Profire Energy, Inc. will post 0.14 earnings per share for the current fiscal year.

Profire Energy Profile

Profire Energy, Inc, an oilfield technology company, provides burner- and chemical-management products and services for the oil and gas industry primarily in the United States and Canada. It assists energy production companies in the production and transportation of oil and natural gas. The company offers burner-management systems to ignite, monitor, and manage the burner flames used in oilfield vessels, as well as complementary oilfield products, such as valves and fuel trains, airplates, solar packages, and flare stack igniters and nozzles.

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Want to see what other hedge funds are holding PFIE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Profire Energy, Inc. (NASDAQ:PFIE).

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Profire Energy, Inc. (NASDAQ:PFIE) Shares Sold by Alambic Investment Management LP

Acadian Asset Management LLC raised its stake in shares of Profire Energy by 330.4% during the second quarter. Acadian Asset Management LLC …

Profire Energy logoAlambic Investment Management L.P. reduced its position in shares of Profire Energy, Inc. (NASDAQ:PFIE) by 43.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 93,212 shares of the oil and gas company’s stock after selling 72,076 shares during the quarter. Alambic Investment Management L.P. owned about 0.19% of Profire Energy worth $297,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the stock. Dimensional Fund Advisors LP purchased a new stake in shares of Profire Energy during the first quarter valued at approximately $159,000. Millennium Management LLC purchased a new stake in shares of Profire Energy during the first quarter valued at approximately $328,000. Acadian Asset Management LLC raised its stake in shares of Profire Energy by 330.4% during the second quarter. Acadian Asset Management LLC now owns 310,380 shares of the oil and gas company’s stock valued at $1,050,000 after purchasing an additional 238,273 shares during the period. Wedge Capital Management L L P NC purchased a new stake in shares of Profire Energy during the second quarter valued at approximately $673,000. Finally, Cavalier Investments LLC purchased a new stake in shares of Profire Energy during the second quarter valued at approximately $388,000. 44.13% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts have recently issued reports on PFIE shares. Zacks Investment Research upgraded shares of Profire Energy from a “sell” rating to a “hold” rating in a research note on Tuesday, October 9th. Maxim Group restated a “buy” rating and issued a $5.00 price target on shares of Profire Energy in a research note on Friday, November 9th. Finally, ValuEngine lowered shares of Profire Energy from a “hold” rating to a “sell” rating in a research note on Thursday, November 1st.

Shares of NASDAQ:PFIE traded down $0.06 during midday trading on Wednesday, reaching $1.59. The company had a trading volume of 335,721 shares, compared to its average volume of 348,209. The firm has a market cap of $84.14 million, a PE ratio of 17.67 and a beta of 1.72. Profire Energy, Inc. has a one year low of $1.52 and a one year high of $5.30.

Profire Energy (NASDAQ:PFIE) last issued its quarterly earnings results on Wednesday, November 7th. The oil and gas company reported $0.03 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.03. The business had revenue of $11.50 million during the quarter, compared to analyst estimates of $11.82 million. Profire Energy had a net margin of 14.29% and a return on equity of 14.66%. As a group, analysts forecast that Profire Energy, Inc. will post 0.14 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This story was originally posted by Fairfield Current and is the sole property of of Fairfield Current. If you are accessing this story on another publication, it was illegally stolen and republished in violation of U.S. and international copyright legislation. The correct version of this story can be read at https://www.fairfieldcurrent.com/news/2018/12/19/alambic-investment-management-l-p-sells-72076-shares-of-profire-energy-inc-pfie.html.

About Profire Energy

Profire Energy, Inc, an oilfield technology company, provides burner- and chemical-management products and services for the oil and gas industry primarily in the United States and Canada. It assists energy production companies in the production and transportation of oil and natural gas. The company offers burner-management systems to ignite, monitor, and manage the burner flames used in oilfield vessels, as well as complementary oilfield products, such as valves and fuel trains, airplates, solar packages, and flare stack igniters and nozzles.

Further Reading: What does cost of debt say about a company’s financial health?

Institutional Ownership by Quarter for Profire Energy (NASDAQ:PFIE)

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Profire Energy, Inc. (PFIE) Shares Sold by Acadian Asset Management LLC

Acadian Asset Management LLC trimmed its holdings in Profire Energy, Inc. (NASDAQ:PFIE) by 15.7% during the 3rd quarter, according to its most …

Profire Energy logoAcadian Asset Management LLC trimmed its holdings in Profire Energy, Inc. (NASDAQ:PFIE) by 15.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 261,535 shares of the oil and gas company’s stock after selling 48,845 shares during the period. Acadian Asset Management LLC owned about 0.54% of Profire Energy worth $834,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Tower Research Capital LLC TRC lifted its position in shares of Profire Energy by 420.6% in the second quarter. Tower Research Capital LLC TRC now owns 29,911 shares of the oil and gas company’s stock valued at $101,000 after acquiring an additional 24,166 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new position in shares of Profire Energy in the second quarter valued at about $133,000. Bank of Montreal Can lifted its position in shares of Profire Energy by 24,392.3% in the third quarter. Bank of Montreal Can now owns 41,147 shares of the oil and gas company’s stock valued at $131,000 after acquiring an additional 40,979 shares in the last quarter. Schwab Charles Investment Management Inc. purchased a new position in shares of Profire Energy in the second quarter valued at about $149,000. Finally, Dimensional Fund Advisors LP purchased a new position in shares of Profire Energy in the first quarter valued at about $159,000. Institutional investors and hedge funds own 44.01% of the company’s stock.

Shares of PFIE stock opened at $2.30 on Friday. Profire Energy, Inc. has a 12-month low of $1.72 and a 12-month high of $5.30. The stock has a market capitalization of $113.48 million, a PE ratio of 25.56 and a beta of 1.77.

Profire Energy (NASDAQ:PFIE) last issued its earnings results on Wednesday, November 7th. The oil and gas company reported $0.03 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.03. Profire Energy had a return on equity of 14.66% and a net margin of 14.29%. The firm had revenue of $11.50 million for the quarter, compared to analysts’ expectations of $11.82 million. On average, research analysts anticipate that Profire Energy, Inc. will post 0.14 EPS for the current fiscal year.

Several equities analysts have recently commented on PFIE shares. ValuEngine upgraded Profire Energy from a “hold” rating to a “buy” rating in a research report on Tuesday, August 7th. Roth Capital set a $5.00 price objective on Profire Energy and gave the company a “buy” rating in a research report on Monday, August 6th. Maxim Group restated a “buy” rating and issued a $7.00 price objective on shares of Profire Energy in a research report on Thursday, August 2nd. Finally, Zacks Investment Research upgraded Profire Energy from a “hold” rating to a “buy” rating and set a $2.75 price objective on the stock in a research report on Thursday.

ILLEGAL ACTIVITY WARNING: “Profire Energy, Inc. (PFIE) Shares Sold by Acadian Asset Management LLC” was originally posted by PressOracle and is the property of of PressOracle. If you are reading this report on another site, it was stolen and republished in violation of United States & international copyright legislation. The legal version of this report can be viewed at https://pressoracle.com/2018/11/17/profire-energy-inc-pfie-shares-sold-by-acadian-asset-management-llc.html.

About Profire Energy

Profire Energy, Inc, an oilfield technology company, provides burner- and chemical-management products and services for the oil and gas industry primarily in the United States and Canada. It assists energy production companies in the production and transportation of oil and natural gas. The company offers burner-management systems to ignite, monitor, and manage the burner flames used in oilfield vessels, as well as complementary oilfield products, such as valves and fuel trains, airplates, solar packages, and flare stack igniters and nozzles.

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Institutional Ownership by Quarter for Profire Energy (NASDAQ:PFIE)

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