Cray Inc. (CRAY) Forms $19.85 Double Bottom; Park West Asset Management Has Lowered Pandora Media (Call) (P) Holding By $3.96 Million

August 11, 2017 - By wolcottdaily

Cray Inc. (CRAY) formed double bottom with $18.46 target or 7.00% below today’s $19.85 share price. Cray Inc. (CRAY) has $801.35 million valuation. The stock decreased 0.50% or $0.1 during the last trading session, reaching $19.85. About shares traded. Cray Inc. (NASDAQ:CRAY) has declined 43.00% since August 11, 2016 and is downtrending. It has underperformed by 59.70% the S&P500.

Park West Asset Management Llc decreased Pandora Media Inc (Call) (P) stake by 74.58% reported in 2016Q4 SEC filing. Park West Asset Management Llc sold 304,653 shares as Pandora Media Inc (Call) (P)’s stock declined 31.96%. The Park West Asset Management Llc holds 103,816 shares with $1.35 million value, down from 408,469 last quarter. Pandora Media Inc (Call) now has $1.94B valuation. The stock decreased 6.55% or $0.56 during the last trading session, reaching $7.99. About shares traded. Pandora Media Inc (NYSE:P) has declined 12.50% since August 11, 2016 and is downtrending. It has underperformed by 29.20% the S&P500.

Since May 9, 2017, it had 0 insider purchases, and 1 insider sale for $37,100 activity. Shares for $37,100 were sold by KIELY STEPHEN C on Tuesday, May 9.

Among 4 analysts covering Cray (NASDAQ:CRAY), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Cray had 9 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Buy” rating by Stifel Nicolaus given on Friday, February 12. The stock has “Buy” rating by Sidoti on Tuesday, April 19. The firm has “Neutral” rating by Sidoti given on Monday, March 7. The rating was upgraded by Needham to “Buy” on Tuesday, November 8. On Friday, February 12 the stock rating was maintained by Needham with “Buy”. On Tuesday, November 8 the stock rating was maintained by Stifel Nicolaus with “Buy”. As per Wednesday, May 4, the company rating was downgraded by Needham. Needham maintained the shares of CRAY in report on Friday, July 31 with “Buy” rating. The rating was downgraded by Craig Hallum on Wednesday, May 4 to “Hold”.

Investors sentiment increased to 1.26 in Q4 2016. Its up 0.35, from 0.91 in 2016Q3. It increased, as 24 investors sold Cray Inc. shares while 30 reduced holdings. 23 funds opened positions while 45 raised stakes. 36.83 million shares or 4.48% more from 35.25 million shares in 2016Q3 were reported. The New York-based Savings Bank Of Mellon has invested 0.01% in Cray Inc. (NASDAQ:CRAY). Morgan Stanley accumulated 247,472 shares. State Board Of Administration Of Florida Retirement System invested in 0% or 26,020 shares. Kbc Gru Nv holds 0% or 1,251 shares in its portfolio. 9,008 were accumulated by Bnp Paribas Arbitrage. Dorsey And Whitney Tru Co Ltd Liability Co holds 76,870 shares or 0.36% of its portfolio. Susquehanna Int Gp Ltd Liability Partnership reported 73,930 shares. Retail Bank Of Montreal Can invested in 1,075 shares. Swiss Bankshares holds 0% or 64,000 shares. 70,800 were accumulated by Horrell Capital Mngmt. Capstone Asset Mgmt reported 0.01% in Cray Inc. (NASDAQ:CRAY). Howe & Rusling accumulated 0% or 100 shares. Price T Rowe Assoc Md has 362,737 shares. First Interstate Commercial Bank invested in 5,155 shares. Guggenheim Cap holds 0.02% or 397,933 shares in its portfolio.

Investors sentiment decreased to 1.16 in Q4 2016. Its down 0.14, from 1.3 in 2016Q3. It turned negative, as 39 investors sold P shares while 68 reduced holdings. 48 funds opened positions while 76 raised stakes. 259.15 million shares or 9.75% more from 236.14 million shares in 2016Q3 were reported. Blume Capital Mngmt holds 750 shares or 0.01% of its portfolio. 360,800 were accumulated by Swiss Bank. 7,704 were accumulated by Asset Mgmt. Blackrock Institutional Trust Company Na owns 5.93M shares for 0.01% of their portfolio. Alphaone Services Limited Com stated it has 0.27% of its portfolio in Pandora Media Inc (NYSE:P). Srs Inv Ltd Liability Corporation stated it has 1.59% of its portfolio in Pandora Media Inc (NYSE:P). Jericho Asset Management Lp has invested 4.83% of its portfolio in Pandora Media Inc (NYSE:P). Ontario Teachers Pension Plan Board, a Ontario – Canada-based fund reported 6.82M shares. Dubuque Bank & Trust Trust Company, Iowa-based fund reported 79 shares. Boothbay Fund Mngmt Ltd Co stated it has 24,500 shares. Artisan Prns Partnership has 2.08M shares for 0.06% of their portfolio. New York-based Crestwood Mngmt LP has invested 2.66% in Pandora Media Inc (NYSE:P). Soros Fund Ltd Co reported 0.18% stake. Citadel Advsrs Limited Company accumulated 358,045 shares. Hussman Strategic Advisors Incorporated reported 0.39% of its portfolio in Pandora Media Inc (NYSE:P).

Among 36 analysts covering Pandora Media (NYSE:P), 16 have Buy rating, 2 Sell and 18 Hold. Therefore 44% are positive. Pandora Media had 111 analyst reports since July 24, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, July 13 by BMO Capital Markets. The stock of Pandora Media Inc (NYSE:P) earned “Hold” rating by Oppenheimer on Tuesday, August 8. As per Friday, October 23, the company rating was downgraded by Albert Fried. As per Friday, October 23, the company rating was maintained by B. Riley & Co. The rating was maintained by FBR Capital on Friday, October 23 with “Underperform”. The firm has “Overweight” rating by Albert Fried given on Thursday, December 17. FBR Capital upgraded the shares of P in report on Friday, February 12 to “Outperform” rating. Raymond James downgraded Pandora Media Inc (NYSE:P) on Tuesday, April 19 to “Market Perform” rating. The stock has “Buy” rating by Needham on Tuesday, September 22. Axiom Capital upgraded the stock to “Buy” rating in Thursday, June 9 report.

Since February 13, 2017, it had 0 buys, and 26 selling transactions for $4.10 million activity. $125,755 worth of Pandora Media Inc (NYSE:P) was sold by Robinson Kristen. Another trade for 3,000 shares valued at $36,210 was made by MARTIN CHRISTOPHER DOUGLAS on Tuesday, March 14. Shares for $106,187 were sold by Westergren Timothy. Shares for $96,606 were sold by Phillips Christopher W on Tuesday, May 16. Another trade for 17,470 shares valued at $226,610 was sold by BENE STEPHEN G. Shares for $266,951 were sold by GERBITZ DAVID on Thursday, February 16. $102,771 worth of Pandora Media Inc (NYSE:P) was sold by Trimble John.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Twitter Auto Publish Powered By : XYZScripts.com