Insider Deal: Steven Berglund Unloaded 200,000 Shares of Trimble Inc. (TRMB); Scientific Games (SGMS) Has 1.37 Sentiment

February 17, 2018 - By Adrian Erickson

Scientific Games Corporation develops technology services and products, and associated content for the gaming, lottery, and interactive gaming industries worldwide. The company has market cap of $3.90 billion. The Company’s Gaming segment sells new and used gaming machines, electronic table systems, video lottery terminals , conversion game kits, and spare parts; and slot, casino, and table-management systems, as well as leases VLTs and electronic table games. It currently has negative earnings. This segment also sells and leases table products, such as shufflers; licenses proprietary table games; and provides installation and support services of casino management systems, including ongoing hardware maintenance and software upgrade services.

Trimble Inc’s President & CEO, Steven Berglund, unloaded 200,000 shares of stock in the corporation. The average cost of Steven Berglund per share was $39.7, for full deal sum of $7,931,950 U.S Dollars. Currently, Mr. Steven, holds 320,878 shares, which accounts for 0.13% of Trimble Inc’s market cap. The insider’s activity definitely generated quite an interest in the stock community. The deal was dated February 16, 2018 and was revealed in a document filed with the Washington-based SEC. The document is at your disposal for a review here.

Investors sentiment decreased to 1.18 in Q3 2017. Its down 0.10, from 1.28 in 2017Q2. It dropped, as 18 investors sold Trimble Inc. shares while 126 reduced holdings. 39 funds opened positions while 131 raised stakes. 221.33 million shares or 0.83% less from 223.17 million shares in 2017Q2 were reported. Highbridge Management Ltd Liability Com, New York-based fund reported 11,697 shares. Dimensional Fund Advsr Limited Partnership stated it has 950,427 shares or 0.02% of all its holdings. Louisiana-based Louisiana State Employees Retirement has invested 0.12% in Trimble Inc. (NASDAQ:TRMB). Sumitomo Life holds 0.19% in Trimble Inc. (NASDAQ:TRMB) or 38,057 shares. Teacher Retirement System Of Texas reported 0% stake. Qs Invsts Ltd Liability holds 0% in Trimble Inc. (NASDAQ:TRMB) or 37 shares. Teachers Retirement Systems Of The State Of Kentucky stated it has 0.1% in Trimble Inc. (NASDAQ:TRMB). Strs Ohio holds 0% of its portfolio in Trimble Inc. (NASDAQ:TRMB) for 3,478 shares. Fdx Advsr Inc holds 0.02% or 14,068 shares. 507,602 were accumulated by Neuberger Berman Grp Ltd Liability Corporation. Verition Fund Management Ltd accumulated 22,615 shares. Glenmede Na accumulated 44,120 shares. Cantab Cap Prtn Ltd Liability Partnership accumulated 0.12% or 22,116 shares. 1.42M are owned by Century. First Personal Financial Ser has 0% invested in Trimble Inc. (NASDAQ:TRMB).

The stock decreased 0.85% or $0.34 during the last trading session, reaching $39.47. About 1.07 million shares traded or 5.60% up from the average. Trimble Inc. (NASDAQ:TRMB) has risen 51.45% since February 17, 2017 and is uptrending. It has outperformed by 34.75% the S&P500.

Since August 18, 2017, it had 0 insider purchases, and 5 selling transactions for $6.82 million activity. $14,118 worth of Trimble Inc. (NASDAQ:TRMB) shares were sold by KIRKLAND JAMES A. The insider Gibson Chris sold 76,715 shares worth $2.92M. Another trade for 3,714 shares valued at $143,583 was made by MATTHEWS DARRYL R on Wednesday, September 6. Kliem Jurgen sold $1.72M worth of stock or 44,662 shares.

Among 17 analysts covering Trimble Navigation Limited (NASDAQ:TRMB), 8 have Buy rating, 0 Sell and 9 Hold. Therefore 47% are positive. Trimble Navigation Limited has $50 highest and $19 lowest target. $37.38’s average target is -5.30% below currents $39.47 stock price. Trimble Navigation Limited had 38 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, June 13 by Oppenheimer. The rating was maintained by Oppenheimer with “Buy” on Friday, February 9. Piper Jaffray maintained the stock with “Buy” rating in Monday, July 24 report. The stock of Trimble Inc. (NASDAQ:TRMB) has “Buy” rating given on Tuesday, August 8 by Oppenheimer. On Friday, January 13 the stock rating was initiated by Northcoast with “Neutral”. The firm has “Buy” rating given on Wednesday, August 2 by Oppenheimer. The firm has “Neutral” rating given on Monday, October 5 by Robert W. Baird. Needham maintained the shares of TRMB in report on Thursday, February 9 with “Buy” rating. On Thursday, August 17 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The firm has “Overweight” rating given on Friday, September 25 by JP Morgan.

Trimble Inc. provides technology solutions to enhance the work processes of office and mobile field professionals worldwide. The company has market cap of $9.82 billion. The company's Engineering and Construction segment offers field and office software for route selection and design; systems to guide and control construction equipment; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; 3D conceptual design and modeling software; building information modeling software; integrated site layout and measurement systems; applications for sub-contractors and trades; integrated workplace management services software; capital program and facility management solutions; field based data collection systems; and communication systems and back-office software. It has a 83.98 P/E ratio. The Company’s Field Solutions segment provides guidance and positioning, and automated application systems; and information management solutions, as well as systems to collect authoritative field data.

The stock decreased 1.02% or $0.45 during the last trading session, reaching $43.5. About 456,445 shares traded. Scientific Games Corporation (SGMS) has risen 186.32% since February 17, 2017 and is uptrending. It has outperformed by 169.62% the S&P500.

Analysts await Scientific Games Corporation (NASDAQ:SGMS) to report earnings on March, 1. They expect $-0.22 EPS, up 73.17% or $0.60 from last year’s $-0.82 per share. After $-0.60 actual EPS reported by Scientific Games Corporation for the previous quarter, Wall Street now forecasts -63.33% EPS growth.

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