Finisar Co. (NASDAQ:FNSR) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. reduced its stake in shares of Finisar Co. (NASDAQ:FNSR) by 2.1% during the 2nd quarter, according …

Finisar logoCharles Schwab Investment Management Inc. reduced its stake in shares of Finisar Co. (NASDAQ:FNSR) by 2.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 957,382 shares of the technology company’s stock after selling 20,434 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.80% of Finisar worth $21,896,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Supplemental Annuity Collective Trust of NJ grew its position in Finisar by 10.0% during the second quarter. Supplemental Annuity Collective Trust of NJ now owns 11,000 shares of the technology company’s stock worth $252,000 after buying an additional 1,000 shares during the period. Bank of Montreal Can grew its position in Finisar by 519.6% during the second quarter. Bank of Montreal Can now owns 11,637 shares of the technology company’s stock worth $266,000 after buying an additional 9,759 shares during the period. Gamco Investors INC. ET AL acquired a new position in Finisar during the first quarter worth about $313,000. Cerebellum GP LLC grew its position in Finisar by 14.7% during the first quarter. Cerebellum GP LLC now owns 14,156 shares of the technology company’s stock worth $328,000 after buying an additional 1,818 shares during the period. Finally, KBC Group NV acquired a new position in Finisar during the second quarter worth about $385,000. Institutional investors own 99.70% of the company’s stock.

Several brokerages have weighed in on FNSR. BidaskClub lowered shares of Finisar from a “buy” rating to a “hold” rating in a research report on Wednesday, August 28th. B. Riley restated a “neutral” rating on shares of Finisar in a research report on Friday, June 14th. Stifel Nicolaus set a $23.00 target price on shares of Finisar and gave the stock a “hold” rating in a research report on Friday, June 14th. Finally, MKM Partners lowered their target price on shares of Finisar from $23.00 to $22.00 and set a “neutral” rating on the stock in a research report on Thursday, September 5th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and two have assigned a buy rating to the company’s stock. Finisar currently has an average rating of “Hold” and an average price target of $26.31.

FNSR stock opened at $22.98 on Friday. The company’s 50 day simple moving average is $22.88 and its 200-day simple moving average is $23.08. The firm has a market capitalization of $2.80 billion, a PE ratio of 38.95, a P/E/G ratio of 3.42 and a beta of 1.52. Finisar Co. has a 12 month low of $15.81 and a 12 month high of $24.77. The company has a debt-to-equity ratio of 0.32, a current ratio of 6.84 and a quick ratio of 5.38.

Finisar (NASDAQ:FNSR) last released its quarterly earnings results on Thursday, June 13th. The technology company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.15 by $0.04. The business had revenue of $310.09 million for the quarter, compared to analyst estimates of $323.42 million. Finisar had a negative net margin of 3.48% and a positive return on equity of 4.62%. As a group, sell-side analysts anticipate that Finisar Co. will post 0.57 earnings per share for the current year.

Finisar Company Profile

Finisar Corporation provides components and subsystems to networking equipment manufacturers, data center operators, telecom service providers, consumer electronics, and automotive companies in the United States, China, Malaysia, and internationally. The company’s optical subsystems primarily include transmitters, receivers, transceivers, transponders, and active optical cables, which provide the fundamental optical-electrical or optoelectronic interface for interconnecting the electronic equipment used in wireline networks comprising switches, routers, and servers, as well as wireless networks, such as antennas and base stations.

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Institutional Ownership by Quarter for Finisar (NASDAQ:FNSR)

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Acadian Asset Management LLC Purchases 11534 Shares of Consolidated-Tomoka Land Co …

Acadian Asset Management LLC boosted its position in shares of Consolidated-Tomoka Land Co. (NYSEAMERICAN:CTO) by 3,516.5% in the second …

Consolidated-Tomoka Land logoAcadian Asset Management LLC boosted its position in shares of Consolidated-Tomoka Land Co. (NYSEAMERICAN:CTO) by 3,516.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,862 shares of the financial services provider’s stock after purchasing an additional 11,534 shares during the period. Acadian Asset Management LLC owned about 0.24% of Consolidated-Tomoka Land worth $709,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. BNP Paribas Arbitrage SA grew its holdings in Consolidated-Tomoka Land by 825.6% during the first quarter. BNP Paribas Arbitrage SA now owns 796 shares of the financial services provider’s stock worth $47,000 after purchasing an additional 710 shares during the period. Aperio Group LLC bought a new position in Consolidated-Tomoka Land during the second quarter worth about $70,000. JPMorgan Chase & Co. grew its holdings in Consolidated-Tomoka Land by 48.1% during the second quarter. JPMorgan Chase & Co. now owns 1,394 shares of the financial services provider’s stock worth $83,000 after purchasing an additional 453 shares during the period. Gamco Investors INC. ET AL bought a new position in Consolidated-Tomoka Land during the second quarter worth about $209,000. Finally, State Board of Administration of Florida Retirement System bought a new position in Consolidated-Tomoka Land during the first quarter worth about $221,000.

Several brokerages have issued reports on CTO. B. Riley set a $82.00 price objective on shares of Consolidated-Tomoka Land and gave the stock a “buy” rating in a research report on Monday, July 15th. Zacks Investment Research downgraded shares of Consolidated-Tomoka Land from a “buy” rating to a “hold” rating in a research report on Tuesday, August 13th.

Shares of Consolidated-Tomoka Land stock opened at $67.00 on Friday. Consolidated-Tomoka Land Co. has a twelve month low of $49.23 and a twelve month high of $68.64.

Consolidated-Tomoka Land (NYSEAMERICAN:CTO) last released its earnings results on Wednesday, July 17th. The financial services provider reported $2.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.04 by $0.13. The firm had revenue of $17.94 million during the quarter, compared to analyst estimates of $17.62 million.

The business also recently disclosed a dividend, which was paid on Friday, August 30th. Stockholders of record on Monday, August 12th were issued a dividend of $0.11 per share. The ex-dividend date was Friday, August 9th.

About Consolidated-Tomoka Land

Consolidated-Tomoka Land Co, together with its subsidiaries, operates as a diversified real estate operating company in the United States. The company operates through four segments: Income Properties, Commercial Loan Investments, Real Estate Operations, and Golf Operations. It owns and manages commercial real estate properties.

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Institutional Ownership by Quarter for Consolidated-Tomoka Land (NYSEAMERICAN:CTO)

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CDW (NASDAQ:CDW) Stock Position Reduced by Atlanta Capital Management Co. LLC

AQR Capital Management LLC increased its position in shares of CDW by 65.6% during the first quarter. AQR Capital Management LLC now owns …

CDW logoAtlanta Capital Management Co. L L C cut its position in shares of CDW (NASDAQ:CDW) by 5.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,893,723 shares of the information technology services provider’s stock after selling 283,340 shares during the period. CDW makes up 2.4% of Atlanta Capital Management Co. L L C’s holdings, making the stock its 6th biggest holding. Atlanta Capital Management Co. L L C owned 3.38% of CDW worth $543,203,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of CDW. AQR Capital Management LLC increased its position in shares of CDW by 65.6% during the first quarter. AQR Capital Management LLC now owns 3,418,230 shares of the information technology services provider’s stock valued at $328,150,000 after acquiring an additional 1,354,651 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in CDW by 5.9% during the 1st quarter. JPMorgan Chase & Co. now owns 3,053,205 shares of the information technology services provider’s stock worth $294,237,000 after acquiring an additional 168,943 shares in the last quarter. American Century Companies Inc. grew its holdings in CDW by 10.6% during the 1st quarter. American Century Companies Inc. now owns 2,384,709 shares of the information technology services provider’s stock worth $229,814,000 after acquiring an additional 228,818 shares in the last quarter. Wells Fargo & Company MN grew its holdings in CDW by 37.3% during the 2nd quarter. Wells Fargo & Company MN now owns 2,226,277 shares of the information technology services provider’s stock worth $247,117,000 after acquiring an additional 604,539 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in CDW by 11.9% during the 4th quarter. Geode Capital Management LLC now owns 1,598,078 shares of the information technology services provider’s stock worth $129,445,000 after acquiring an additional 169,507 shares in the last quarter. 91.71% of the stock is currently owned by institutional investors.

In related news, insider Robert F. Kirby sold 1,300 shares of the company’s stock in a transaction on Monday, July 15th. The shares were sold at an average price of $116.22, for a total value of $151,086.00. Following the completion of the sale, the insider now owns 35,070 shares in the company, valued at approximately $4,075,835.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Jill M. Billhorn sold 500 shares of the company’s stock in a transaction on Monday, August 5th. The shares were sold at an average price of $111.69, for a total transaction of $55,845.00. Following the completion of the sale, the insider now owns 14,755 shares of the company’s stock, valued at approximately $1,647,985.95. The disclosure for this sale can be found here. Insiders have sold a total of 196,040 shares of company stock valued at $21,620,238 in the last 90 days. Insiders own 2.25% of the company’s stock.

Several research analysts have commented on CDW shares. Bank of America started coverage on shares of CDW in a report on Tuesday, July 30th. They set a “buy” rating and a $140.00 price target for the company. Morgan Stanley boosted their price target on shares of CDW from $97.00 to $106.00 and gave the stock an “equal weight” rating in a report on Friday, July 26th. JPMorgan Chase & Co. downgraded shares of CDW from a “neutral” rating to an “underweight” rating and set a $116.00 price objective for the company. in a research report on Monday, August 5th. They noted that the move was a valuation call. ValuEngine downgraded shares of CDW from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Finally, Credit Suisse Group boosted their price objective on shares of CDW from $118.00 to $132.00 and gave the stock an “outperform” rating in a research report on Thursday, August 1st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $118.13.

Shares of NASDAQ:CDW opened at $111.71 on Friday. The company has a market capitalization of $16.54 billion, a PE ratio of 20.86, a P/E/G ratio of 1.55 and a beta of 1.10. The company has a current ratio of 1.28, a quick ratio of 1.09 and a debt-to-equity ratio of 3.57. CDW has a twelve month low of $74.32 and a twelve month high of $120.82. The firm has a 50 day simple moving average of $114.12 and a 200-day simple moving average of $106.56.

CDW (NASDAQ:CDW) last issued its quarterly earnings data on Wednesday, July 31st. The information technology services provider reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.45 by $0.10. The business had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.50 billion. CDW had a net margin of 4.07% and a return on equity of 82.78%. The company’s revenue was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.38 EPS. As a group, equities research analysts predict that CDW will post 5.62 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Monday, August 26th were given a dividend of $0.295 per share. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $1.18 annualized dividend and a dividend yield of 1.06%. CDW’s dividend payout ratio is presently 23.14%.

CDW Company Profile

CDW Corporation provides integrated information technology (IT) solutions to business, government, education, and healthcare customers in the United States, Canada, and the United Kingdom. It operates through three segments: Corporate, Small Business, and Public. The company offers discrete hardware and software products, as well as integrated IT solutions, including mobility, security, data center optimization, cloud computing, virtualization, and collaboration.

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Institutional Ownership by Quarter for CDW (NASDAQ:CDW)

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Carillon Tower Advisers Inc. Has $3.48 Million Position in Inphi Co. (NYSE:IPHI)

Other hedge funds also recently modified their holdings of the company. Millennium Management LLC purchased a new position in shares of Inphi in …

Inphi logoCarillon Tower Advisers Inc. grew its stake in Inphi Co. (NYSE:IPHI) by 2.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,439 shares of the semiconductor company’s stock after acquiring an additional 1,375 shares during the period. Carillon Tower Advisers Inc. owned 0.15% of Inphi worth $3,479,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Millennium Management LLC purchased a new position in shares of Inphi in the fourth quarter worth $729,000. Norges Bank purchased a new position in shares of Inphi in the fourth quarter worth $1,056,000. Geode Capital Management LLC raised its holdings in shares of Inphi by 5.9% in the fourth quarter. Geode Capital Management LLC now owns 455,751 shares of the semiconductor company’s stock worth $14,652,000 after buying an additional 25,224 shares during the last quarter. Virginia Retirement Systems ET AL purchased a new position in shares of Inphi in the first quarter worth $1,400,000. Finally, Los Angeles Capital Management & Equity Research Inc. acquired a new stake in shares of Inphi in the first quarter worth $829,000.

Shares of IPHI stock opened at $62.64 on Friday. The company has a debt-to-equity ratio of 1.34, a quick ratio of 7.06 and a current ratio of 7.69. Inphi Co. has a fifty-two week low of $29.56 and a fifty-two week high of $66.56. The company has a 50 day moving average price of $62.65 and a 200 day moving average price of $51.28.

Inphi (NYSE:IPHI) last issued its quarterly earnings data on Thursday, August 1st. The semiconductor company reported $0.35 earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.43. Inphi had a negative net margin of 26.31% and a negative return on equity of 0.78%. The business had revenue of $86.30 million during the quarter, compared to the consensus estimate of $84.41 million. During the same quarter in the previous year, the firm earned $0.15 EPS. The company’s revenue was up 23.6% compared to the same quarter last year. On average, equities analysts predict that Inphi Co. will post -0.11 earnings per share for the current year.

In other Inphi news, VP Charles Roach sold 2,000 shares of the company’s stock in a transaction dated Friday, August 16th. The shares were sold at an average price of $63.60, for a total value of $127,200.00. Following the transaction, the vice president now directly owns 107,206 shares in the company, valued at approximately $6,818,301.60. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Ford Tamer sold 37,000 shares of the company’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $63.44, for a total transaction of $2,347,280.00. Following the completion of the transaction, the chief executive officer now owns 402,560 shares in the company, valued at $25,538,406.40. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 57,141 shares of company stock worth $3,477,630. Corporate insiders own 3.30% of the company’s stock.

A number of analysts have recently weighed in on IPHI shares. Morgan Stanley increased their price objective on shares of Inphi from $45.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Friday, August 2nd. DA Davidson dropped their price target on shares of Inphi to $52.00 and set a “buy” rating on the stock in a research report on Tuesday, May 21st. Northland Securities set a $30.00 price target on shares of Inphi and gave the company a “sell” rating in a research report on Monday, May 20th. Bank of America set a $68.00 price objective on shares of Inphi and gave the company a “buy” rating in a report on Monday, July 15th. Finally, Cowen increased their price objective on shares of Inphi from $53.00 to $69.00 and gave the company an “outperform” rating in a report on Friday, August 2nd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $57.00.

About Inphi

Inphi Corporation provides high-speed analog and mixed signal semiconductor solutions for the communications, datacenter, and computing markets worldwide. Its analog and mixed signal semiconductor solutions offer high signal integrity at various data speeds and reduce system power consumption. The company’s semiconductor solutions address bandwidth bottlenecks in networks, maximize throughput and minimize latency in computing environments, and enable the rollout of communications and datacenter infrastructures.

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Institutional Ownership by Quarter for Inphi (NYSE:IPHI)

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Athos Capital Ltd Has $448000 Holdings in Gridsum Holding Inc – (NASDAQ:GSUM)

Separately, Renaissance Technologies LLC grew its stake in Gridsum by 25.4% in the second quarter. Renaissance Technologies LLC now owns …

Gridsum logoAthos Capital Ltd boosted its stake in shares of Gridsum Holding Inc – (NASDAQ:GSUM) by 163.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 161,075 shares of the technology company’s stock after acquiring an additional 100,003 shares during the quarter. Athos Capital Ltd owned about 0.61% of Gridsum worth $448,000 as of its most recent SEC filing.

Separately, Renaissance Technologies LLC grew its stake in Gridsum by 25.4% in the second quarter. Renaissance Technologies LLC now owns 346,787 shares of the technology company’s stock worth $964,000 after purchasing an additional 70,248 shares in the last quarter. 29.91% of the stock is currently owned by institutional investors and hedge funds.

Separately, ValuEngine upgraded Gridsum from a “hold” rating to a “buy” rating in a report on Tuesday, July 2nd.

Shares of GSUM opened at $2.13 on Friday. The stock has a fifty day moving average price of $2.30 and a 200-day moving average price of $3.06. Gridsum Holding Inc – has a 12 month low of $1.29 and a 12 month high of $6.60.

Gridsum (NASDAQ:GSUM) last issued its earnings results on Monday, June 24th. The technology company reported ($0.75) earnings per share (EPS) for the quarter. The company had revenue of $8.75 million during the quarter.

Gridsum Company Profile

Gridsum Holding Inc provides data analysis software for enterprises and government agencies in China. Its proprietary distributed data architecture allows its customers to collect and analyze information; and Gridsum Big Data platform and Gridsum Prophet performs multi-dimensional correlation analysis and analyzes complex real-time events.

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Institutional Ownership by Quarter for Gridsum (NASDAQ:GSUM)

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