Fort Point Capital Partners Has Trimmed Its Stake in Nxp Semiconductors N V (NXPI) by $5.71 Million; Tessco Technologies (TESS) Holding Held by Tieton Capital Management Llc

February 20, 2018 - By Louis Casey

Tieton Capital Management Llc increased its stake in Tessco Technologies (TESS) by 15.46% based on its latest 2017Q3 regulatory filing with the SEC. Tieton Capital Management Llc bought 42,644 shares as the company’s stock rose 5.76% with the market. The institutional investor held 318,499 shares of the electronic components company at the end of 2017Q3, valued at $3.97M, up from 275,855 at the end of the previous reported quarter. Tieton Capital Management Llc who had been investing in Tessco Technologies for a number of months, seems to be bullish on the $193.35 million market cap company. The stock decreased 3.15% or $0.75 during the last trading session, reaching $23.05. About 28,520 shares traded. TESSCO Technologies Incorporated (NASDAQ:TESS) has risen 6.68% since February 20, 2017 and is uptrending. It has underperformed by 10.02% the S&P500.

Fort Point Capital Partners Llc decreased its stake in Nxp Semiconductors N V (NXPI) by 71.63% based on its latest 2017Q3 regulatory filing with the SEC. Fort Point Capital Partners Llc sold 50,500 shares as the company’s stock rose 5.22% with the market. The institutional investor held 20,000 shares of the semiconductors company at the end of 2017Q3, valued at $2.26 million, down from 70,500 at the end of the previous reported quarter. Fort Point Capital Partners Llc who had been investing in Nxp Semiconductors N V for a number of months, seems to be less bullish one the $42.57B market cap company. The stock increased 5.96% or $7.06 during the last trading session, reaching $125.56. About 30.70 million shares traded or 1026.08% up from the average. NXP Semiconductors N.V. (NASDAQ:NXPI) has risen 24.67% since February 20, 2017 and is uptrending. It has outperformed by 7.97% the S&P500.

Among 28 analysts covering NXP Semiconductors NV (NASDAQ:NXPI), 8 have Buy rating, 1 Sell and 19 Hold. Therefore 29% are positive. NXP Semiconductors NV had 64 analyst reports since August 3, 2015 according to SRatingsIntel. Oppenheimer maintained the shares of NXPI in report on Thursday, August 3 with “Hold” rating. FBR Capital maintained NXP Semiconductors N.V. (NASDAQ:NXPI) on Wednesday, November 18 with “Outperform” rating. Jefferies maintained it with “Hold” rating and $11000 target in Monday, July 10 report. The firm has “Hold” rating given on Friday, October 28 by Suntrust Robinson. The firm earned “Hold” rating on Wednesday, October 11 by SunTrust. The rating was downgraded by Bernstein to “Market Perform” on Thursday, October 26. Robert W. Baird initiated the shares of NXPI in report on Tuesday, August 2 with “Outperform” rating. The stock of NXP Semiconductors N.V. (NASDAQ:NXPI) has “Hold” rating given on Friday, August 25 by Canaccord Genuity. The stock has “Neutral” rating by Goldman Sachs on Wednesday, February 3. The company was downgraded on Tuesday, April 19 by Raymond James.

Fort Point Capital Partners Llc, which manages about $268.42M and $208.77 million US Long portfolio, upped its stake in Apple Inc (NASDAQ:AAPL) by 2,777 shares to 53,852 shares, valued at $8.30M in 2017Q3, according to the filing. It also increased its holding in Microsoft Corp (NASDAQ:MSFT) by 4,852 shares in the quarter, for a total of 16,865 shares, and has risen its stake in Nvidia Corp (NASDAQ:NVDA).

Since January 30, 2018, it had 0 insider purchases, and 1 sale for $221,717 activity.

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