Parnassus Investments Has Increased By $7.23 Million Its Shaw Communications Class B (SJR) Holding; Shorts at SPECTRA7 MICROSYSTEMS COMMON SHARES (SPVNF) Lowered By 16.95%

May 16, 2018 - By Richard Conner

Shaw Communications Inc. (NYSE:SJR) Logo

SPECTRA7 MICROSYSTEMS INC COMMON SHARES (OTCMKTS:SPVNF) had a decrease of 16.95% in short interest. SPVNF’s SI was 4,900 shares in May as released by FINRA. Its down 16.95% from 5,900 shares previously. The stock decreased 24.47% or $0.0345 during the last trading session, reaching $0.1065. About 6,000 shares traded or Infinity% up from the average. Spectra7 Microsystems Inc. (OTCMKTS:SPVNF) has 0.00% since May 16, 2017 and is . It has underperformed by 11.55% the S&P500.




Parnassus Investments increased Shaw Communications Inc. Class B (SJR) stake by 7.83% reported in 2017Q4 SEC filing. Parnassus Investments acquired 328,796 shares as Shaw Communications Inc. Class B (SJR)’s stock declined 17.06%. The Parnassus Investments holds 4.53 million shares with $103.39M value, up from 4.20M last quarter. Shaw Communications Inc. Class B now has $10.25 billion valuation. The stock decreased 0.34% or $0.07 during the last trading session, reaching $20.41. About 154,718 shares traded. Shaw Communications Inc. (NYSE:SJR) has declined 8.07% since May 16, 2017 and is downtrending. It has underperformed by 19.62% the S&P500.

Spectra7 Microsystems Inc. operates as an analog semiconductor firm in Canada and China. The company has market cap of $19.64 million. It offers virtual reality products, including VR7050 to enable lightweight and ultra-thin active interconnects for gesture recognition and motion control backhaul; augmented reality (AR) -Connect, an integrated cable, connector, and embedded chipset product line for AR vision systems and wearable computing devices; DreamWeVR to support high-bandwidth, near-zero latency VR head-mounted displays, and AR glasses; and modules for standard cable protocols, including HDMI, DisplayPort, and USB for use in display connectivity, home theater, digital signage, and camera connectivity. It currently has negative earnings. It also provides data center interconnects, such as GC2502, an embedded analog signal processing chip, as well as GaugeChanger Plus, a proprietary ultra-thin copper transmission link; and USB 3.1 consumer interconnects for use in ultra-thin laptops, tablets, mobile devices, solid state disks, and wearable computing devices.

More recent Shaw Communications Inc. (NYSE:SJR) news were published by: Seekingalpha.com which released: “Shaw Continues Its Rapid Wireless Expansion” on April 24, 2018. Also Seekingalpha.com published the news titled: “We Love Our Cellphones – New Purchase” on April 18, 2018. Fool.ca‘s news article titled: “If You Own This TFSA-Worthy Dividend Stock, Buy More” with publication date: May 08, 2018 was also an interesting one.

Parnassus Investments decreased Dentsply Sirona Inc. stake by 114,826 shares to 2.00 million valued at $131.67 million in 2017Q4. It also reduced Sei Investments Co. (NASDAQ:SEIC) stake by 54,608 shares and now owns 1.10 million shares. Cvs Health Corp. (NYSE:CVS) was reduced too.

Among 8 analysts covering Shaw Comms (NYSE:SJR), 6 have Buy rating, 1 Sell and 1 Hold. Therefore 75% are positive. Shaw Comms had 15 analyst reports since October 20, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Macquarie Research given on Tuesday, October 20. The stock of Shaw Communications Inc. (NYSE:SJR) has “Outperform” rating given on Friday, April 13 by Scotia Capital. The stock of Shaw Communications Inc. (NYSE:SJR) has “Sector Perform” rating given on Friday, October 23 by RBC Capital Markets. The stock of Shaw Communications Inc. (NYSE:SJR) earned “Equal-Weight” rating by Barclays Capital on Friday, October 27. The rating was maintained by Echelon Wealth Partners with “Buy” on Thursday, April 12. Citigroup initiated the shares of SJR in report on Thursday, April 6 with “Sell” rating. The firm has “Equal Weight” rating by Barclays Capital given on Friday, October 23. The stock of Shaw Communications Inc. (NYSE:SJR) earned “Buy” rating by Canaccord Genuity on Friday, April 13. As per Tuesday, April 5, the company rating was initiated by Barclays Capital. The stock of Shaw Communications Inc. (NYSE:SJR) has “Buy” rating given on Thursday, April 12 by Barclays Capital.

Shaw Communications Inc. (NYSE:SJR) Ratings Chart

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