Horrell Capital Management Lowered Its Stake in Cray (CRAY) by $1.14 Million as Share Price Declined; Interdigital (IDCC) Valuation Declined While Cwm Has Upped Stake

February 19, 2018 - By Kurt Siggers

Cwm Llc increased its stake in Interdigital Inc (IDCC) by 113144.38% based on its latest 2017Q3 regulatory filing with the SEC. Cwm Llc bought 181,031 shares as the company’s stock declined 17.57% while stock markets rallied. The institutional investor held 181,191 shares of the miscellaneous company at the end of 2017Q3, valued at $13.36M, up from 160 at the end of the previous reported quarter. Cwm Llc who had been investing in Interdigital Inc for a number of months, seems to be bullish on the $2.75B market cap company. The stock decreased 1.43% or $1.15 during the last trading session, reaching $79.35. About 256,804 shares traded. InterDigital, Inc. (NASDAQ:IDCC) has risen 50.23% since February 19, 2017 and is uptrending. It has outperformed by 33.53% the S&P500.

Horrell Capital Management Inc decreased its stake in Cray Inc (CRAY) by 37.5% based on its latest 2017Q3 regulatory filing with the SEC. Horrell Capital Management Inc sold 60,000 shares as the company’s stock declined 16.90% while stock markets rallied. The institutional investor held 100,000 shares of the computer manufacturing company at the end of 2017Q3, valued at $1.95M, down from 160,000 at the end of the previous reported quarter. Horrell Capital Management Inc who had been investing in Cray Inc for a number of months, seems to be less bullish one the $942.10M market cap company. The stock decreased 3.11% or $0.75 during the last trading session, reaching $23.4. About 1.18M shares traded or 254.88% up from the average. Cray Inc. (NASDAQ:CRAY) has declined 43.00% since February 19, 2017 and is downtrending. It has underperformed by 59.70% the S&P500.




Cwm Llc, which manages about $1.90 billion and $2.12 billion US Long portfolio, decreased its stake in Henry Jack & Assoc Inc (NASDAQ:JKHY) by 248,528 shares to 1,550 shares, valued at $159,000 in 2017Q3, according to the filing. It also reduced its holding in First Tr Exchange Traded Fd (FDN) by 3,493 shares in the quarter, leaving it with 59,108 shares, and cut its stake in Spdr Series Trust (BWX).

Among 5 analysts covering InterDigital (NASDAQ:IDCC), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. InterDigital had 20 analyst reports since August 11, 2015 according to SRatingsIntel. Sidoti downgraded InterDigital, Inc. (NASDAQ:IDCC) on Wednesday, December 7 to “Neutral” rating. The company was maintained on Friday, February 24 by Barclays Capital. Barclays Capital maintained it with “Equal Weight” rating and $60 target in Wednesday, November 11 report. The firm earned “Buy” rating on Wednesday, January 3 by FBR Capital. The rating was maintained by B. Riley & Co with “Buy” on Thursday, June 8. The stock of InterDigital, Inc. (NASDAQ:IDCC) has “Neutral” rating given on Wednesday, October 5 by Dougherty & Company. The rating was maintained by FBR Capital on Wednesday, January 10 with “Buy”. The firm has “Buy” rating by B. Riley & Co given on Friday, July 28. Sidoti upgraded InterDigital, Inc. (NASDAQ:IDCC) on Tuesday, August 8 to “Buy” rating. The stock of InterDigital, Inc. (NASDAQ:IDCC) earned “Buy” rating by B. Riley & Co on Tuesday, February 23.

Investors sentiment decreased to 1.06 in Q3 2017. Its down 0.53, from 1.59 in 2017Q2. It is negative, as 31 investors sold IDCC shares while 78 reduced holdings. 35 funds opened positions while 80 raised stakes. 24.87 million shares or 0.47% more from 24.75 million shares in 2017Q2 were reported. Envestnet Asset Management invested in 0% or 4,207 shares. Smithbridge Asset Mngmt Incorporated De has invested 2.39% in InterDigital, Inc. (NASDAQ:IDCC). Louisiana State Employees Retirement Sys holds 9,300 shares or 0.03% of its portfolio. Los Angeles Mgmt Equity Incorporated holds 16,681 shares or 0.01% of its portfolio. Foundry Partners Ltd Co invested in 38,422 shares. Proshare Ltd Liability Company holds 0% of its portfolio in InterDigital, Inc. (NASDAQ:IDCC) for 6,990 shares. Employees Retirement Association Of Colorado stated it has 0% in InterDigital, Inc. (NASDAQ:IDCC). Credit Suisse Ag holds 0.01% of its portfolio in InterDigital, Inc. (NASDAQ:IDCC) for 82,973 shares. Parametric Portfolio Ltd accumulated 0.01% or 67,007 shares. 13,100 are held by State Treasurer State Of Michigan. Tower Limited (Trc) reported 4,589 shares. Connor Clark Lunn Invest Management invested in 4,600 shares. Royal Bancshares Of Canada reported 835,876 shares stake. Utd Svcs Automobile Association has 0% invested in InterDigital, Inc. (NASDAQ:IDCC). Citigroup holds 0% of its portfolio in InterDigital, Inc. (NASDAQ:IDCC) for 15,932 shares.

Investors sentiment increased to 1.49 in Q3 2017. Its up 0.18, from 1.31 in 2017Q2. It increased, as 12 investors sold CRAY shares while 31 reduced holdings. 22 funds opened positions while 42 raised stakes. 38.61 million shares or 0.35% less from 38.75 million shares in 2017Q2 were reported. 163,000 are owned by Primecap Ca. Prudential Inc owns 66,812 shares. Geode Mngmt Ltd Limited Liability Company invested in 0% or 412,518 shares. Ubs Asset Mngmt Americas accumulated 24,649 shares. California State Teachers Retirement Sys, California-based fund reported 64,520 shares. State Of New Jersey Common Pension Fund D accumulated 1.48 million shares. Mairs And stated it has 2.88M shares. Paradigm Mngmt Inc New York reported 980,900 shares. Dorsey & Whitney Trust invested 0.35% of its portfolio in Cray Inc. (NASDAQ:CRAY). Swiss Bank & Trust invested in 67,100 shares. Deutsche Bancorporation Ag reported 0.01% in Cray Inc. (NASDAQ:CRAY). Moreover, Credit Suisse Ag has 0% invested in Cray Inc. (NASDAQ:CRAY) for 48,680 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% in Cray Inc. (NASDAQ:CRAY). Royal Comml Bank Of Canada invested 0% of its portfolio in Cray Inc. (NASDAQ:CRAY). National Bank & Trust Of Montreal Can stated it has 0% in Cray Inc. (NASDAQ:CRAY).

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