Okta, Inc. (OKTA) Reaches $49.13 After 9.00% Down Move; Lumina Fund Management Upped Bunge Limited (BG) Stake

May 22, 2018 - By Ellis Scott

Bunge Limited (NYSE:BG) Logo

Lumina Fund Management Llc increased Bunge Limited (BG) stake by 11.46% reported in 2017Q4 SEC filing. Lumina Fund Management Llc acquired 8,500 shares as Bunge Limited (BG)’s stock rose 8.80%. The Lumina Fund Management Llc holds 82,700 shares with $5.55M value, up from 74,200 last quarter. Bunge Limited now has $9.86B valuation. The stock increased 0.09% or $0.06 during the last trading session, reaching $69.99. About 336,165 shares traded. Bunge Limited (NYSE:BG) has declined 9.19% since May 22, 2017 and is downtrending. It has underperformed by 20.74% the S&P500.




The stock of Okta, Inc. (NASDAQ:OKTA) is a huge mover today! The stock decreased 2.79% or $1.41 during the last trading session, reaching $49.13. About 759,389 shares traded. Okta, Inc. (NASDAQ:OKTA) has 0.00% since May 22, 2017 and is . It has underperformed by 11.55% the S&P500.The move comes after 6 months negative chart setup for the $5.23 billion company. It was reported on May, 22 by Barchart.com. We have $44.71 PT which if reached, will make NASDAQ:OKTA worth $470.88 million less.

More notable recent Okta, Inc. (NASDAQ:OKTA) news were published by: Seekingalpha.com which released: “Valeant Pharmaceuticals Can Still Go Higher – Cramer’s Lightning Round (5/21/18)” on May 22, 2018, also Finance.Yahoo.com with their article: “Is Okta Inc’s (NASDAQ:OKTA) Liquidity Good Enough?” published on April 24, 2018, Benzinga.com published: “Okta Has ‘Run The Playbook Flawlessly,’ Canaccord Genuity Says In Upgrade” on April 23, 2018. More interesting news about Okta, Inc. (NASDAQ:OKTA) were released by: Fool.com and their article: “Should You Buy DocuSign After its Post-IPO Surge?” published on May 17, 2018 as well as Businesswire.com‘s news article titled: “Okta to Webcast Oktane18” with publication date: May 18, 2018.

Analysts await Okta, Inc. (NASDAQ:OKTA) to report earnings on June, 6 after the close. They expect $-0.30 earnings per share, up 40.00% or $0.20 from last year’s $-0.5 per share. After $-0.24 actual earnings per share reported by Okta, Inc. for the previous quarter, Wall Street now forecasts 25.00% negative EPS growth.

Okta, Inc. operates an integrated system that connects persons via devices. The company has market cap of $5.23 billion. The companyÂ’s identity cloud connects various companies to pre-integrated apps and devices every day. It currently has negative earnings. It offers single sign-on, mobility management, adaptive multi-factor authentication, lifecycle management, and universal directory products for IT customers; and complete authentication, user management, flexible administration, API access management, and developer tools for developers.

Among 11 analysts covering Bunge Limited (NYSE:BG), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Bunge Limited had 36 analyst reports since July 31, 2015 according to SRatingsIntel. As per Friday, May 5, the company rating was maintained by Credit Suisse. The firm has “Outperform” rating given on Thursday, May 3 by Credit Suisse. The rating was maintained by Piper Jaffray with “Buy” on Monday, September 4. The stock of Bunge Limited (NYSE:BG) has “Buy” rating given on Thursday, August 3 by Piper Jaffray. BMO Capital Markets maintained Bunge Limited (NYSE:BG) rating on Thursday, July 13. BMO Capital Markets has “Buy” rating and $8700 target. Stephens upgraded Bunge Limited (NYSE:BG) on Thursday, February 15 to “Buy” rating. The company was maintained on Wednesday, September 27 by BMO Capital Markets. As per Wednesday, March 7, the company rating was upgraded by JP Morgan. The stock of Bunge Limited (NYSE:BG) has “Buy” rating given on Wednesday, February 14 by Piper Jaffray. The firm has “Buy” rating given on Wednesday, March 7 by J.P. Morgan.

Investors sentiment decreased to 0.89 in Q4 2017. Its down 0.17, from 1.06 in 2017Q3. It is negative, as 48 investors sold BG shares while 125 reduced holdings. 59 funds opened positions while 95 raised stakes. 107.71 million shares or 1.45% less from 109.29 million shares in 2017Q3 were reported. Ny State Common Retirement Fund accumulated 0.03% or 356,527 shares. Atlantic Gp Ltd Co accumulated 0% or 2,100 shares. Fny Managed Accounts Limited holds 2.41% or 39,237 shares. Shell Asset Mgmt Communication holds 0.01% in Bunge Limited (NYSE:BG) or 8,171 shares. Weiss Multi stated it has 56,000 shares. Aqr Capital Mgmt Limited Liability has invested 0.01% in Bunge Limited (NYSE:BG). Glg Limited Liability Co reported 0.04% stake. Sei accumulated 0.05% or 223,203 shares. Caisse De Depot Et Placement Du Quebec accumulated 184,100 shares or 0.03% of the stock. Nomura Holdg stated it has 0% of its portfolio in Bunge Limited (NYSE:BG). 4,057 are held by Metropolitan Life Insurance. Aviva Pcl holds 77,766 shares. Livforsakringsbolaget Skandia Omsesidigt holds 7,056 shares or 0.05% of its portfolio. Cornerstone Advsrs reported 0% stake. 434,253 are owned by Dnb Asset As.

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