TrueCar, Inc. (TRUE) Reaches $9.49 After 8.00% Up Move; Capital Research Global Investors Has Upped Exelon (EXC) Holding

May 18, 2018 - By Kurt Siggers

TrueCar, Inc. (NASDAQ:TRUE) Logo

The stock of TrueCar, Inc. (NASDAQ:TRUE) is a huge mover today! The stock increased 4.98% or $0.45 during the last trading session, reaching $9.49. About 1.06M shares traded. TrueCar, Inc. (NASDAQ:TRUE) has declined 41.62% since May 18, 2017 and is downtrending. It has underperformed by 53.17% the S&P500.The move comes after 5 months positive chart setup for the $957.85M company. It was reported on May, 18 by Barchart.com. We have $10.25 PT which if reached, will make NASDAQ:TRUE worth $76.63 million more.




Capital Research Global Investors increased Exelon Corp (EXC) stake by 3.59% reported in 2017Q4 SEC filing. Capital Research Global Investors acquired 766,494 shares as Exelon Corp (EXC)’s stock declined 1.38%. The Capital Research Global Investors holds 22.10M shares with $871.07M value, up from 21.34 million last quarter. Exelon Corp now has $37.94 billion valuation. The stock decreased 0.14% or $0.06 during the last trading session, reaching $39.29. About 1.87M shares traded. Exelon Corporation (NYSE:EXC) has risen 7.34% since May 18, 2017 and is uptrending. It has underperformed by 4.21% the S&P500.

Another recent and important Exelon Corporation (NYSE:EXC) news was published by Seekingalpha.com which published an article titled: “Exelon Posts Strong Growth Figures In 1Q18” on May 08, 2018.

Capital Research Global Investors decreased Ford Motor Co (NYSE:F) stake by 3.66M shares to 20.00M valued at $249.80 million in 2017Q4. It also reduced Us Bancorp (NYSE:USB) stake by 399,425 shares and now owns 13.02 million shares. Atandt Inc (NYSE:T) was reduced too.

Since March 15, 2018, it had 0 insider purchases, and 1 sale for $948,500 activity. BUTLER CALVIN JR sold 25,000 shares worth $948,500.

Investors sentiment increased to 1.13 in Q4 2017. Its up 0.08, from 1.05 in 2017Q3. It improved, as 38 investors sold EXC shares while 240 reduced holdings. 86 funds opened positions while 229 raised stakes. 727.68 million shares or 0.14% more from 726.69 million shares in 2017Q3 were reported. Glg Prtn LP stated it has 0% in Exelon Corporation (NYSE:EXC). Aull And Monroe Management Corp holds 0.18% or 9,138 shares in its portfolio. New Mexico Educational Retirement Board owns 0.14% invested in Exelon Corporation (NYSE:EXC) for 92,259 shares. Lesa Sroufe And reported 3.35% in Exelon Corporation (NYSE:EXC). Boston Limited Liability stated it has 0.22% in Exelon Corporation (NYSE:EXC). Amica Retiree Med holds 0.16% of its portfolio in Exelon Corporation (NYSE:EXC) for 5,263 shares. Argyle Capital Mgmt invested in 40,325 shares or 0.6% of the stock. Fincl Bank Of Ny Mellon Corp reported 0.11% of its portfolio in Exelon Corporation (NYSE:EXC). Stephens Inc Ar reported 133,672 shares. San Francisco Sentry Invest (Ca) owns 3,073 shares. Massmutual Trust Fsb Adv holds 0.02% or 8,040 shares in its portfolio. The Wisconsin-based Johnson Financial Grp Inc Inc has invested 0.15% in Exelon Corporation (NYSE:EXC). Qci Asset Management Inc stated it has 0% of its portfolio in Exelon Corporation (NYSE:EXC). Psagot Invest House Limited accumulated 0.01% or 3,000 shares. Systematic LP has 543,684 shares for 0.43% of their portfolio.

Among 22 analysts covering Exelon Corporation (NYSE:EXC), 14 have Buy rating, 1 Sell and 7 Hold. Therefore 64% are positive. Exelon Corporation had 80 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Tuesday, January 2 by Guggenheim. The stock of Exelon Corporation (NYSE:EXC) earned “Buy” rating by RBC Capital Markets on Sunday, November 5. The stock has “Overweight” rating by Barclays Capital on Thursday, March 24. On Thursday, May 3 the stock rating was maintained by Bank of America with “Buy”. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, March 28. RBC Capital Markets maintained the shares of EXC in report on Sunday, September 10 with “Buy” rating. SunTrust maintained it with “Buy” rating and $43.0 target in Wednesday, October 18 report. The stock has “Hold” rating by Mizuho on Thursday, February 8. The firm has “Buy” rating given on Friday, April 21 by Jefferies. The company was maintained on Monday, January 8 by SunTrust.

TrueCar, Inc., together with its subsidiaries, operates as an Internet information, technology, and communication services firm in the United States. The company has market cap of $957.85 million. It operates its platform on the TrueCar Website and mobile applications. It currently has negative earnings. The firm also customizes and operates its platform for its affinity group marketing partners, including financial institutions, membership organizations, and employee buying programs for large enterprises.

Analysts await TrueCar, Inc. (NASDAQ:TRUE) to report earnings on August, 14. They expect $-0.07 earnings per share, 0.00% or $0.00 from last year’s $-0.07 per share. After $-0.08 actual earnings per share reported by TrueCar, Inc. for the previous quarter, Wall Street now forecasts -12.50% EPS growth.

Among 17 analysts covering TrueCar (NASDAQ:TRUE), 9 have Buy rating, 3 Sell and 5 Hold. Therefore 53% are positive. TrueCar had 43 analyst reports since July 24, 2015 according to SRatingsIntel. On Friday, July 24 the stock rating was downgraded by JP Morgan to “Neutral”. RBC Capital Markets maintained TrueCar, Inc. (NASDAQ:TRUE) rating on Friday, February 19. RBC Capital Markets has “Sector Perform” rating and $6 target. As per Friday, July 24, the company rating was downgraded by Craig Hallum. The stock has “Equal Weight” rating by Stephens on Friday, July 24. The stock of TrueCar, Inc. (NASDAQ:TRUE) earned “Buy” rating by Craig Hallum on Friday, November 4. The stock of TrueCar, Inc. (NASDAQ:TRUE) earned “Hold” rating by Cowen & Co on Wednesday, August 16. On Monday, October 2 the stock rating was upgraded by Morgan Stanley to “Equal-Weight”. The stock of TrueCar, Inc. (NASDAQ:TRUE) has “Buy” rating given on Friday, November 4 by Loop Capital. RBC Capital Markets upgraded it to “Outperform” rating and $17 target in Monday, February 6 report. As per Thursday, March 22, the company rating was downgraded by J.P. Morgan.

Investors sentiment decreased to 0.99 in 2017 Q4. Its down 1.17, from 2.16 in 2017Q3. It dived, as 36 investors sold TrueCar, Inc. shares while 33 reduced holdings. 28 funds opened positions while 40 raised stakes. 79.83 million shares or 3.10% less from 82.38 million shares in 2017Q3 were reported. Ahl Prns Ltd Liability Partnership reported 16,781 shares. Highbridge Capital Management Lc reported 17,324 shares. Hood River Cap Ltd Com has invested 0.32% in TrueCar, Inc. (NASDAQ:TRUE). First Midwest Bancorp Trust Division owns 27,339 shares for 0.04% of their portfolio. Balyasny Asset Llc holds 0% of its portfolio in TrueCar, Inc. (NASDAQ:TRUE) for 63,477 shares. Teacher Retirement Systems Of Texas reported 25,380 shares or 0% of all its holdings. Ny State Common Retirement Fund stated it has 0% in TrueCar, Inc. (NASDAQ:TRUE). Walleye Trading Limited Liability Corporation holds 15,077 shares or 0% of its portfolio. 185,543 were accumulated by Wells Fargo & Mn. 390,529 are owned by Ameriprise Inc. Principal Financial Grp Inc stated it has 11,104 shares or 0% of all its holdings. Ameritas Invest Prns invested 0% in TrueCar, Inc. (NASDAQ:TRUE). Citadel Advsrs Lc, Illinois-based fund reported 712,668 shares. Barclays Pcl accumulated 17,282 shares or 0% of the stock. Voya Ltd Company holds 28,365 shares.

More important recent TrueCar, Inc. (NASDAQ:TRUE) news were published by: Nasdaq.com which released: “Consolidated Research: 2018 Summary Expectations for TrueCar, Roadrunner Transportation, Eldorado Gold, Neogen …” on May 17, 2018, also Globenewswire.com published article titled: “TrueCar to Participate in Upcoming Conferences”, Globenewswire.com published: “Analysis: Positioning to Benefit within Webster Financial, Integra LifeSciences, OSI, Tivity Health, LCI Industries, and …” on May 17, 2018. More interesting news about TrueCar, Inc. (NASDAQ:TRUE) was released by: Globenewswire.com and their article: “TrueCar Reports First Quarter 2018 Financial Results” with publication date: May 08, 2018.

Exelon Corporation (NYSE:EXC) Institutional Positions Chart

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