Ericsson (ERIC) Stock Value Rose While Ulysses Management Lifted Position; As Tableau Software (DATA) Stock Value Rose, Archon Capital Management Cut Its Position by $2.96 Million

February 11, 2018 - By Adrian Erickson

Constantinos J. Christofilis decreased its stake in Tableau Software Inc (DATA) by 52.14% based on its latest 2017Q3 regulatory filing with the SEC. Archon Capital Management Llc sold 40,000 shares as the company’s stock rose 10.47% with the market. The hedge fund run by Constantinos J. Christofilis held 36,722 shares of the technology company at the end of 2017Q3, valued at $2.75 million, down from 76,722 at the end of the previous reported quarter. Archon Capital Management Llc who had been investing in Tableau Software Inc for a number of months, seems to be less bullish one the $6.17B market cap company. The stock increased 1.58% or $1.2 during the last trading session, reaching $77.35. About 1.14 million shares traded or 33.67% up from the average. Tableau Software, Inc. (NYSE:DATA) has risen 25.71% since February 11, 2017 and is uptrending. It has outperformed by 9.01% the S&P500.

Joshua Nash increased its stake in Ericsson (ERIC) by 60% based on its latest 2017Q3 regulatory filing with the SEC. Ulysses Management Llc bought 600,000 shares as the company’s stock rose 10.57% with the market. The hedge fund run by Joshua Nash held 1.60M shares of the radio and television broadcasting and communications equipment company at the end of 2017Q3, valued at $9.20 million, up from 1.00M at the end of the previous reported quarter. Ulysses Management Llc who had been investing in Ericsson for a number of months, seems to be bullish on the $21.33B market cap company. The stock increased 2.40% or $0.15 during the last trading session, reaching $6.39. About 7.34M shares traded or 49.17% up from the average. Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) has declined 12.25% since February 11, 2017 and is downtrending. It has underperformed by 28.95% the S&P500.

Among 19 analysts covering Ericsson (NASDAQ:ERIC), 4 have Buy rating, 4 Sell and 11 Hold. Therefore 21% are positive. Ericsson had 40 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Telefonaktiebolaget LM Ericsson (NASDAQ:publ) earned “Mkt Perform” rating by Charter Equity on Friday, January 27. The stock has “Neutral” rating by Credit Suisse on Monday, September 26. The stock has “Outperform” rating by RBC Capital Markets on Wednesday, November 11. Bank of America downgraded it to “Neutral” rating and $80 target in Thursday, April 21 report. On Monday, July 17 the stock rating was maintained by BMO Capital Markets with “Hold”. Charter Equity maintained Telefonaktiebolaget LM Ericsson (NASDAQ:publ) on Tuesday, July 18 with “Hold” rating. The firm has “Hold” rating given on Tuesday, July 18 by J.P. Morgan. The company was downgraded on Thursday, July 21 by UBS. As per Thursday, January 19, the company rating was downgraded by Goldman Sachs. The rating was upgraded by Danske Bank to “Hold” on Thursday, August 27.

Ulysses Management Llc, which manages about $1.47B and $919.89M US Long portfolio, decreased its stake in Discover Financial Services (NYSE:DFS) by 20,568 shares to 300,000 shares, valued at $19.34M in 2017Q3, according to the filing. It also reduced its holding in Republic First Bancorp Inc (NASDAQ:FRBK) by 68,905 shares in the quarter, leaving it with 431,095 shares, and cut its stake in Ishares Tr (Put) (IWM).

Among 43 analysts covering Tableau Software (NYSE:DATA), 19 have Buy rating, 3 Sell and 21 Hold. Therefore 44% are positive. Tableau Software had 140 analyst reports since July 24, 2015 according to SRatingsIntel. Maxim Group maintained it with “Sell” rating and $40.0 target in Friday, November 3 report. BMO Capital Markets maintained Tableau Software, Inc. (NYSE:DATA) rating on Thursday, August 3. BMO Capital Markets has “Market Perform” rating and $70 target. Drexel Hamilton maintained the stock with “Hold” rating in Tuesday, August 1 report. The company was initiated on Monday, October 19 by Lake Street. Oppenheimer downgraded the stock to “Perform” rating in Tuesday, January 3 report. The stock has “Sector Perform” rating by RBC Capital Markets on Friday, February 3. The stock has “Neutral” rating by Macquarie Research on Tuesday, April 26. Vetr upgraded the stock to “Strong-Buy” rating in Wednesday, September 2 report. The stock of Tableau Software, Inc. (NYSE:DATA) has “Hold” rating given on Thursday, February 1 by BMO Capital Markets. RBC Capital Markets maintained Tableau Software, Inc. (NYSE:DATA) on Sunday, September 10 with “Hold” rating.

Investors sentiment decreased to 1.14 in Q3 2017. Its down 0.64, from 1.78 in 2017Q2. It dived, as 28 investors sold DATA shares while 64 reduced holdings. 48 funds opened positions while 57 raised stakes. 63.84 million shares or 6.39% more from 60.01 million shares in 2017Q2 were reported. Manufacturers Life Ins The reported 2,415 shares or 0% of all its holdings. Aperio Grp Limited Liability Corp stated it has 4,645 shares or 0% of all its holdings. Diversified Trust has invested 0.02% in Tableau Software, Inc. (NYSE:DATA). Next Finance Group Inc reported 0% in Tableau Software, Inc. (NYSE:DATA). State Of Tennessee Treasury Department holds 0.03% of its portfolio in Tableau Software, Inc. (NYSE:DATA) for 80,000 shares. Prelude Mgmt Ltd Liability Company owns 2,680 shares or 0.02% of their US portfolio. Westfield LP invested in 375,891 shares. The Virginia-based Thompson Siegel And Walmsley Limited Liability Company has invested 0% in Tableau Software, Inc. (NYSE:DATA). Ellington Mgmt Grp Limited Liability Corp stated it has 17,000 shares or 0.22% of all its holdings. Winfield Associates has invested 0% in Tableau Software, Inc. (NYSE:DATA). Axa has 0.02% invested in Tableau Software, Inc. (NYSE:DATA). Kensico Capital Management accumulated 1.64% or 1.44M shares. Aspiriant Ltd Liability Co holds 0.05% or 7,588 shares in its portfolio. 12,125 are owned by Quantbot Lp. First Trust Advsr Lp holds 221,407 shares or 0.04% of its portfolio.

Archon Capital Management Llc, which manages about $475.28 million and $186.17M US Long portfolio, upped its stake in Powershares Qqq Trust (Put) (QQQ) by 51,200 shares to 152,000 shares, valued at $22.11M in 2017Q3, according to the filing. It also increased its holding in Agilysys Inc (NASDAQ:AGYS) by 131,057 shares in the quarter, for a total of 1.18 million shares, and has risen its stake in Vasco Data Sec Intl Inc (NASDAQ:VDSI).

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts

>