Dynamic Capital Management LTD Lowered Netapp (NTAP) Holding By $2.01 Million; Shorts at Tecnoglass Ord (TGLS) Raised By 6.97%

July 17, 2017 - By Hazel Jackson

Dynamic Capital Management Ltd decreased Netapp Inc (NTAP) stake by 27.52% reported in 2016Q4 SEC filing. Dynamic Capital Management Ltd sold 57,333 shares as Netapp Inc (NTAP)’s stock declined 1.59%. The Dynamic Capital Management Ltd holds 150,966 shares with $5.33M value, down from 208,299 last quarter. Netapp Inc now has $12.50 billion valuation. The stock declined 0.17% or $0.07 reaching $43.55 per share. About 5.42M shares traded or 69.91% up from the average. NetApp Inc. (NASDAQ:NTAP) has risen 68.93% since July 17, 2016 and is uptrending. It has outperformed by 52.23% the S&P500.

Tecnoglass Ord (NASDAQ:TGLS) had an increase of 6.97% in short interest. TGLS’s SI was 626,400 shares in July as released by FINRA. Its up 6.97% from 585,600 shares previously. With 47,000 avg volume, 13 days are for Tecnoglass Ord (NASDAQ:TGLS)’s short sellers to cover TGLS’s short positions. The SI to Tecnoglass Ord’s float is 6.19%. The stock increased 0.85% or $0.08 on July 17, reaching $9.51. About 12,870 shares traded. Andina Acquisition Corp (NASDAQ:TGLS) has declined 11.66% since July 17, 2016 and is downtrending. It has underperformed by 28.36% the S&P500.

Since June 9, 2017, it had 0 insider purchases, and 1 insider sale for $46,351 activity. Another trade for 5,000 shares valued at $46,351 was sold by Byorum Martha L.

Investors sentiment decreased to 4.67 in 2016 Q4. Its down 1.83, from 6.5 in 2016Q3. It dropped, as 1 investors sold Andina Acquisition Corp shares while 2 reduced holdings. 4 funds opened positions while 10 raised stakes. 3.27 million shares or 30.78% more from 2.50 million shares in 2016Q3 were reported. Kennedy Capital holds 138,118 shares. Jpmorgan Chase Communications owns 12,654 shares or 0% of their US portfolio. Vanguard Gp holds 0% of its portfolio in Andina Acquisition Corp (NASDAQ:TGLS) for 50,134 shares. Blackrock Fund owns 605 shares. Renaissance Lc has invested 0% in Andina Acquisition Corp (NASDAQ:TGLS). Savings Bank Of America Corp De owns 1 shares or 0% of their US portfolio. Kj Harrison And Partners has 0.6% invested in Andina Acquisition Corp (NASDAQ:TGLS) for 122,192 shares. Pnc Serv Gp owns 0% invested in Andina Acquisition Corp (NASDAQ:TGLS) for 1 shares. 38,242 are held by Geode Cap Limited Liability. G2 Prtnrs Ltd accumulated 368,203 shares or 2.22% of the stock. 5,000 are held by Wells Fargo & Com Mn. California Employees Retirement Sys reported 81,000 shares or 0% of all its holdings. Moreover, Perritt Cap Mgmt has 0.22% invested in Andina Acquisition Corp (NASDAQ:TGLS) for 72,450 shares. Goldman Sachs invested 0% of its portfolio in Andina Acquisition Corp (NASDAQ:TGLS). Zelman Ltd Llc stated it has 8.82% of its portfolio in Andina Acquisition Corp (NASDAQ:TGLS).

Dynamic Capital Management Ltd increased Vertex Pharmaceuticals Inc (NASDAQ:VRTX) stake by 17,525 shares to 25,761 valued at $1.90M in 2016Q4. It also upped Johnson Ctls Intl Plc stake by 82,281 shares and now owns 97,484 shares. Regeneron Pharmaceuticals (NASDAQ:REGN) was raised too.

Analysts await NetApp Inc. (NASDAQ:NTAP) to report earnings on August, 16. They expect $0.43 earnings per share, up 53.57% or $0.15 from last year’s $0.28 per share. NTAP’s profit will be $123.42M for 25.32 P/E if the $0.43 EPS becomes a reality. After $0.72 actual earnings per share reported by NetApp Inc. for the previous quarter, Wall Street now forecasts -40.28% negative EPS growth.

Among 34 analysts covering Netapp Inc. (NASDAQ:NTAP), 8 have Buy rating, 9 Sell and 17 Hold. Therefore 24% are positive. Netapp Inc. had 89 analyst reports since August 17, 2015 according to SRatingsIntel. The stock has “Underperform” rating by Credit Suisse on Wednesday, December 7. The firm earned “Hold” rating on Thursday, November 19 by Lake Street. The firm has “Neutral” rating given on Friday, May 26 by UBS. OTR Global upgraded the shares of NTAP in report on Thursday, August 11 to “Mixed” rating. The firm has “Sector Perform” rating given on Thursday, February 11 by RBC Capital Markets. Robert W. Baird upgraded NetApp Inc. (NASDAQ:NTAP) rating on Monday, October 12. Robert W. Baird has “Outperform” rating and $40 target. Drexel Hamilton upgraded NetApp Inc. (NASDAQ:NTAP) on Thursday, November 17 to “Buy” rating. The rating was initiated by Drexel Hamilton with “Hold” on Friday, October 9. Summit Redstone Partners maintained NetApp Inc. (NASDAQ:NTAP) rating on Thursday, August 18. Summit Redstone Partners has “Sell” rating and $30 target. On Thursday, August 18 the stock rating was maintained by BTIG Research with “Neutral”.

Since January 30, 2017, it had 0 insider buys, and 13 insider sales for $5.76 million activity. The insider Kurian George sold 4,000 shares worth $168,080. $1.16 million worth of NetApp Inc. (NASDAQ:NTAP) was sold by EARHART ALAN L. On Tuesday, May 30 ALLEN JEFFRY R sold $809,134 worth of NetApp Inc. (NASDAQ:NTAP) or 20,000 shares. Another trade for 13,118 shares valued at $527,143 was sold by REICH JOEL D. 6,792 shares valued at $268,805 were sold by FAWCETT MATTHEW K on Wednesday, May 31. $847,830 worth of NetApp Inc. (NASDAQ:NTAP) shares were sold by NEVENS THOMAS MICHAEL.

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