As Cyberark Software LTD (CYBR) Market Valuation Declined, Shareholder Menora Mivtachim Holdings LTD Has Lowered Its Stake by $19.76 Million; Tudor Investment Et Al Cut Olin (OLN) Position by $314,024

February 22, 2018 - By Marie Mckinney

Paul Tudor Jones decreased its stake in Olin Corp (OLN) by 50.06% based on its latest 2017Q3 regulatory filing with the SEC. Tudor Investment Corp Et Al sold 9,236 shares as the company’s stock rose 1.10% with the market. The hedge fund run by Paul Tudor Jones held 9,215 shares of the major chemicals company at the end of 2017Q3, valued at $316,000, down from 18,451 at the end of the previous reported quarter. Tudor Investment Corp Et Al who had been investing in Olin Corp for a number of months, seems to be less bullish one the $5.63 billion market cap company. The stock increased 1.44% or $0.48 during the last trading session, reaching $33.7. About 230,322 shares traded. Olin Corporation (NYSE:OLN) has risen 51.90% since February 22, 2017 and is uptrending. It has outperformed by 35.20% the S&P500.

Menora Mivtachim Holdings Ltd decreased its stake in Cyberark Software Ltd (CYBR) by 85.04% based on its latest 2017Q3 regulatory filing with the SEC. Menora Mivtachim Holdings Ltd sold 482,020 shares as the company’s stock declined 11.21% while stock markets rallied. The institutional investor held 84,800 shares of the prepackaged software company at the end of 2017Q3, valued at $3.48M, down from 566,820 at the end of the previous reported quarter. Menora Mivtachim Holdings Ltd who had been investing in Cyberark Software Ltd for a number of months, seems to be less bullish one the $1.74 billion market cap company. The stock increased 1.67% or $0.82 during the last trading session, reaching $49.98. About 251,276 shares traded. CyberArk Software Ltd. (NASDAQ:CYBR) has risen 9.69% since February 22, 2017 and is uptrending. It has underperformed by 7.01% the S&P500.

Analysts await CyberArk Software Ltd. (NASDAQ:CYBR) to report earnings on May, 10. They expect $0.21 EPS, up 50.00% or $0.07 from last year’s $0.14 per share. CYBR’s profit will be $7.29 million for 59.50 P/E if the $0.21 EPS becomes a reality. After $0.31 actual EPS reported by CyberArk Software Ltd. for the previous quarter, Wall Street now forecasts -32.26% negative EPS growth.

Menora Mivtachim Holdings Ltd, which manages about $2.46 billion US Long portfolio, upped its stake in Orbotech Ltd (NASDAQ:ORBK) by 575,307 shares to 1.28 million shares, valued at $54.17 million in 2017Q3, according to the filing. It also increased its holding in Tower Semiconductor Ltd (NASDAQ:TSEM) by 135,681 shares in the quarter, for a total of 1.01M shares, and has risen its stake in Amgen Inc (NASDAQ:AMGN).

Among 26 analysts covering Cyber-Ark Software (NASDAQ:CYBR), 16 have Buy rating, 0 Sell and 10 Hold. Therefore 62% are positive. Cyber-Ark Software had 71 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of CyberArk Software Ltd. (NASDAQ:CYBR) has “Buy” rating given on Friday, November 3 by Needham. The rating was downgraded by Bank of America to “Neutral” on Tuesday, November 10. The stock of CyberArk Software Ltd. (NASDAQ:CYBR) earned “Buy” rating by Drexel Hamilton on Monday, July 17. Barclays Capital downgraded it to “Hold” rating and $4600 target in Friday, July 14 report. Goldman Sachs initiated it with “Buy” rating and $51 target in Monday, March 21 report. Stephens initiated CyberArk Software Ltd. (NASDAQ:CYBR) on Tuesday, April 19 with “Overweight” rating. As per Thursday, March 30, the company rating was upgraded by Goldman Sachs. Wells Fargo upgraded CyberArk Software Ltd. (NASDAQ:CYBR) on Friday, August 14 to “Outperform” rating. The stock has “Buy” rating by Nomura on Monday, March 28. On Wednesday, September 6 the stock rating was maintained by Cowen & Co with “Hold”.

Analysts await Olin Corporation (NYSE:OLN) to report earnings on May, 1. They expect $0.24 earnings per share, up 71.43% or $0.10 from last year’s $0.14 per share. OLN’s profit will be $40.10 million for 35.10 P/E if the $0.24 EPS becomes a reality. After $0.35 actual earnings per share reported by Olin Corporation for the previous quarter, Wall Street now forecasts -31.43% negative EPS growth.

Tudor Investment Corp Et Al, which manages about $21.89 billion and $3.92B US Long portfolio, upped its stake in Hartford Financial Services Group Inc. (NYSE:HIG) by 29,037 shares to 38,624 shares, valued at $2.14M in 2017Q3, according to the filing. It also increased its holding in Louisiana (NYSE:LPX) by 193,478 shares in the quarter, for a total of 230,513 shares, and has risen its stake in Mohawk Industries (NYSE:MHK).

Among 14 analysts covering Olin Corporation (NYSE:OLN), 11 have Buy rating, 0 Sell and 3 Hold. Therefore 79% are positive. Olin Corporation had 46 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was upgraded by RBC Capital Markets on Friday, October 30 to “Outperform”. The company was maintained on Monday, September 21 by Cowen & Co. The rating was maintained by Cowen & Co on Friday, February 9 with “Buy”. The firm has “Neutral” rating by Monness Crespi & Hardt given on Thursday, February 2. The firm has “Buy” rating by RBC Capital Markets given on Thursday, January 25. The stock of Olin Corporation (NYSE:OLN) earned “Outperform” rating by RBC Capital Markets on Friday, July 22. On Wednesday, December 13 the stock rating was maintained by RBC Capital Markets with “Buy”. The rating was downgraded by Longbow to “Underperform” on Wednesday, September 7. The firm earned “Neutral” rating on Thursday, February 2 by Longbow. On Tuesday, September 8 the stock rating was maintained by RBC Capital Markets with “Sector Perform”.

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