Maplelane Capital Lifted Its Brocade Communications Sys I (Call) (BRCD) Stake; Technical Communications (TCCO) SI Increased By 308.96%

July 17, 2017 - By Nellie Frank

Technical Communications Corporation (NASDAQ:TCCO) had an increase of 308.96% in short interest. TCCO’s SI was 54,800 shares in July as released by FINRA. Its up 308.96% from 13,400 shares previously. With 42,800 avg volume, 1 days are for Technical Communications Corporation (NASDAQ:TCCO)’s short sellers to cover TCCO’s short positions. The SI to Technical Communications Corporation’s float is 3.77%. About 126,159 shares traded or 10.48% up from the average. Technical Communications Corporation (NASDAQ:TCCO) has declined 4.00% since July 17, 2016 and is downtrending. It has underperformed by 20.70% the S&P500.

Maplelane Capital Llc increased Brocade Communications Sys I (Call) (BRCD) stake by 50% reported in 2016Q4 SEC filing. Maplelane Capital Llc acquired 250,000 shares as Brocade Communications Sys I (Call) (BRCD)’s stock rose 2.27%. The Maplelane Capital Llc holds 750,000 shares with $9.37 million value, up from 500,000 last quarter. Brocade Communications Sys I (Call) now has $5.21B valuation. The stock rose 0.12% or $0.02 reaching $12.7 per share. About 7.19 million shares traded or 90.72% up from the average. Brocade Communications Systems, Inc. (NASDAQ:BRCD) has risen 58.47% since July 17, 2016 and is uptrending. It has outperformed by 41.77% the S&P500.

Maplelane Capital Llc decreased Vaneck Vectors Etf Tr (Put) stake by 500,000 shares to 1.00M valued at $71.64 million in 2016Q4. It also reduced Arris Intl Inc stake by 33,750 shares and now owns 801,250 shares. Cavium Inc (Put) (NASDAQ:CAVM) was reduced too.

Investors sentiment decreased to 0.62 in 2016 Q4. Its down 0.10, from 0.72 in 2016Q3. It dropped, as 81 investors sold BRCD shares while 124 reduced holdings. 64 funds opened positions while 63 raised stakes. 322.41 million shares or 1.89% less from 328.64 million shares in 2016Q3 were reported. Glenmede Tru Na invested 0% of its portfolio in Brocade Communications Systems, Inc. (NASDAQ:BRCD). Hudock Cap Gru Lc reported 125 shares. 267,402 are owned by Legal General Group Inc Public Limited Liability Company. Credit Suisse Ag has 5.72 million shares for 0.07% of their portfolio. Retirement Of Alabama stated it has 0.04% of its portfolio in Brocade Communications Systems, Inc. (NASDAQ:BRCD). Northwestern Mutual Wealth Management Communications has 0% invested in Brocade Communications Systems, Inc. (NASDAQ:BRCD) for 6,481 shares. Moreover, Stephens Ar has 0.01% invested in Brocade Communications Systems, Inc. (NASDAQ:BRCD) for 10,168 shares. Gamco Investors Et Al accumulated 778,896 shares or 0.06% of the stock. Harber Asset Mngmt Ltd Co has invested 1.35% in Brocade Communications Systems, Inc. (NASDAQ:BRCD). Gabelli Inv Advisers Incorporated accumulated 741,647 shares or 1.07% of the stock. Moreover, Whittier Trust Company Of Nevada has 0% invested in Brocade Communications Systems, Inc. (NASDAQ:BRCD). Gotham Asset Limited Liability Corporation accumulated 0% or 26,807 shares. State Of Wisconsin Inv Board reported 316,332 shares. Capstone Asset Company has 32,645 shares for 0.01% of their portfolio. Moreover, Mason Street Advsrs Ltd Llc has 0.06% invested in Brocade Communications Systems, Inc. (NASDAQ:BRCD) for 187,771 shares.

Among 20 analysts covering Brocade Communications Systems Inc. (NASDAQ:BRCD), 3 have Buy rating, 2 Sell and 15 Hold. Therefore 15% are positive. Brocade Communications Systems Inc. had 51 analyst reports since August 19, 2015 according to SRatingsIntel. The rating was upgraded by Goldman Sachs on Monday, August 24 to “Neutral”. The stock has “Neutral” rating by Goldman Sachs on Friday, August 21. The firm has “Buy” rating by DA Davidson given on Tuesday, October 4. The firm has “Neutral” rating given on Thursday, September 22 by Citigroup. RBC Capital Markets maintained the stock with “Hold” rating in Friday, June 9 report. Robert W. Baird upgraded it to “Neutral” rating and $13 target in Wednesday, November 2 report. RBC Capital Markets maintained Brocade Communications Systems, Inc. (NASDAQ:BRCD) on Monday, August 22 with “Sector Perform” rating. Wunderlich upgraded the shares of BRCD in report on Thursday, February 18 to “Buy” rating. The firm has “Market Perform” rating given on Friday, August 21 by William Blair. RBC Capital Markets maintained it with “Sector Perform” rating and $11 target in Tuesday, November 24 report.

Since March 14, 2017, it had 0 buys, and 8 insider sales for $29.52 million activity. 7,811 shares were sold by ODONNELL ELLEN, worth $98,731. Lindholm Jeffrey sold $6.62M worth of Brocade Communications Systems, Inc. (NASDAQ:BRCD) on Wednesday, March 15. $13.11M worth of Brocade Communications Systems, Inc. (NASDAQ:BRCD) shares were sold by CARNEY LLOYD. 463,062 shares valued at $5.73M were sold by England Gale E. on Wednesday, March 15. VASWANI SANJAY sold $495,200 worth of stock or 40,000 shares. The insider CHENG KEN sold $2.52 million.

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.



Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: