Citigroup Increased By $1.01 Million Its Pinnacle West Cap (Call) (PNW) Stake; Perion Network Ltd – Ordinary Shares (PERI) Shorts Up By 9.89%

February 23, 2018 - By Hazel Jackson

Perion Network Ltd – Ordinary Shares (NASDAQ:PERI) had an increase of 9.89% in short interest. PERI’s SI was 175,500 shares in February as released by FINRA. Its up 9.89% from 159,700 shares previously. With 60,700 avg volume, 3 days are for Perion Network Ltd – Ordinary Shares (NASDAQ:PERI)’s short sellers to cover PERI’s short positions. The SI to Perion Network Ltd – Ordinary Shares’s float is 0.38%. The stock increased 1.64% or $0.0154 during the last trading session, reaching $0.9554. About 18,600 shares traded. Perion Network Ltd. (NASDAQ:PERI) has risen 13.95% since February 23, 2017 and is uptrending. It has underperformed by 2.75% the S&P500.

Citigroup Inc increased Pinnacle West Cap Corp (Call) (PNW) stake by 280.57% reported in 2017Q3 SEC filing. Citigroup Inc acquired 12,017 shares as Pinnacle West Cap Corp (Call) (PNW)’s stock rose 7.46%. The Citigroup Inc holds 16,300 shares with $1.38M value, up from 4,283 last quarter. Pinnacle West Cap Corp (Call) now has $8.83 billion valuation. The stock increased 2.95% or $2.26 during the last trading session, reaching $79. About 363,561 shares traded. Pinnacle West Capital Corporation (NYSE:PNW) has risen 18.43% since February 23, 2017 and is uptrending. It has outperformed by 1.73% the S&P500.




Perion Network Ltd., a technology company, delivers advertising solutions to brands, advertising agencies, and publishers in North America, Europe, and internationally. The company has market cap of $74.09 million. It develops digital advertising solutions to capture consumer attention and drive engagement, as well as delivers ads across a portfolio of Websites and mobile applications. It currently has negative earnings. The companyÂ’s proprietary social marketing platform offers a dashboard for marketers that make media buying efficient on Facebook, Instagram, Twitter, and other social networks and platforms.

Among 2 analysts covering Perion Network (NASDAQ:PERI), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Perion Network had 3 analyst reports since August 22, 2015 according to SRatingsIntel. The rating was downgraded by Benchmark on Monday, October 31 to “Hold”. Chardan Capital Markets upgraded Perion Network Ltd. (NASDAQ:PERI) on Wednesday, November 4 to “Buy” rating. The firm earned “Buy” rating on Saturday, August 22 by Benchmark.

Since August 24, 2017, it had 0 insider purchases, and 2 insider sales for $2.32 million activity. On Friday, August 25 MUNRO KATHRYN L sold $163,046 worth of Pinnacle West Capital Corporation (NYSE:PNW) or 1,806 shares. The insider BRANDT DONALD E sold $1.92 million. Falck David P also sold $413,908 worth of Pinnacle West Capital Corporation (NYSE:PNW) shares.

Investors sentiment increased to 1.3 in Q3 2017. Its up 0.44, from 0.86 in 2017Q2. It is positive, as 18 investors sold PNW shares while 129 reduced holdings. 52 funds opened positions while 139 raised stakes. 89.24 million shares or 1.50% less from 90.60 million shares in 2017Q2 were reported. Canada Pension Plan Invest Board holds 0.04% or 249,259 shares in its portfolio. Arrowstreet Capital Ltd Partnership owns 38,000 shares. Carlson LP reported 0.2% of its portfolio in Pinnacle West Capital Corporation (NYSE:PNW). Boothbay Fund Limited Liability Company holds 0.08% or 5,481 shares in its portfolio. Hussman Strategic Advisors, a Maryland-based fund reported 1,000 shares. Fmr Ltd Limited Liability Company holds 0% of its portfolio in Pinnacle West Capital Corporation (NYSE:PNW) for 155,014 shares. Victory Cap Management reported 324,520 shares or 0.06% of all its holdings. Public Employees Retirement System Of Ohio holds 0.02% of its portfolio in Pinnacle West Capital Corporation (NYSE:PNW) for 48,526 shares. Los Angeles And Equity Rech holds 0.04% of its portfolio in Pinnacle West Capital Corporation (NYSE:PNW) for 74,964 shares. Bokf Na has 20,114 shares. Andra Ap, a Alabama-based fund reported 61,100 shares. Sg Americas Securities Limited Company holds 0.02% of its portfolio in Pinnacle West Capital Corporation (NYSE:PNW) for 28,897 shares. Vanguard Gru Inc holds 12.15 million shares or 0.05% of its portfolio. Advantus Cap Management invested 0.02% of its portfolio in Pinnacle West Capital Corporation (NYSE:PNW). Blackrock invested 0.05% of its portfolio in Pinnacle West Capital Corporation (NYSE:PNW).

Among 12 analysts covering Pinnacle West Capital Corporation (NYSE:PNW), 0 have Buy rating, 1 Sell and 11 Hold. Therefore 0 are positive. Pinnacle West Capital Corporation had 52 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Underweight” rating given on Friday, September 8 by Morgan Stanley. RBC Capital Markets maintained Pinnacle West Capital Corporation (NYSE:PNW) on Sunday, August 27 with “Hold” rating. The stock has “Neutral” rating by Bank of America on Tuesday, November 22. SunTrust maintained it with “Hold” rating and $86.0 target in Monday, October 16 report. The company was upgraded on Monday, October 10 by Williams Capital Group. The stock has “Hold” rating by SunTrust on Monday, February 12. The firm has “Hold” rating given on Tuesday, January 16 by SunTrust. Morgan Stanley maintained Pinnacle West Capital Corporation (NYSE:PNW) rating on Wednesday, December 13. Morgan Stanley has “Underweight” rating and $91 target. The stock of Pinnacle West Capital Corporation (NYSE:PNW) earned “Neutral” rating by UBS on Monday, October 26. The firm earned “Sector Perform” rating on Monday, February 22 by RBC Capital Markets.

Citigroup Inc decreased Westrock Co stake by 259,901 shares to 392,756 valued at $22.28M in 2017Q3. It also reduced Slm Corp (Call) (NASDAQ:SLM) stake by 102,800 shares and now owns 6,200 shares. Hca Healthcare Inc (Call) (NYSE:HCA) was reduced too.

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