RE/MAX Holdings, Inc. (RMAX)’s Insider Adam Contos Sells 5,000 Shares; Stratasys (SSYS) Sentiment Is 1.1

May 10, 2018 - By Pete Kolinski

Stratasys Ltd. (NASDAQ:SSYS) Logo

Sentiment for Stratasys Inc (SSYS)

Stratasys Inc (SSYS) investors sentiment increased to 1.1 in 2017 Q4. It’s up 0.08, from 1.02 in 2017Q3. The ratio is more positive, as 68 hedge funds increased or opened new equity positions, while 62 reduced and sold their holdings in Stratasys Inc. The hedge funds in our database now have: 34.55 million shares, down from 34.85 million shares in 2017Q3. Also, the number of hedge funds holding Stratasys Inc in top ten equity positions was flat from 0 to 0 for the same number . Sold All: 25 Reduced: 37 Increased: 43 New Position: 25.

RE/MAX Holdings, Inc. operates as a franchisor of real estate and mortgage brokerage services in the United States, Canada, and internationally. The company has market cap of $1.63 billion. The firm offers its real estate franchise services under the RE/MAX brand name; and mortgage brokerage services under the Motto Mortgage brand. It has a 74.79 P/E ratio.

More recent RE/MAX Holdings, Inc. (NYSE:RMAX) news were published by: Seekingalpha.com which released: “RE/MAX’s (RMAX) CEO Adam Contos on Q1 2018 Results – Earnings Call Transcript” on May 06, 2018. Also Streetinsider.com published the news titled: “RE/MAX Holdings (RMAX) Declares $0.20 Quarterly Dividend; 1.5% Yield” on April 22, 2018. Prnewswire.com‘s news article titled: “80 Motto Mortgage Franchises Sold Coast To Coast” with publication date: May 04, 2018 was also an interesting one.

As shown in a legally required document filed with the U.S. Security & Exchange Commission on 09-05-2018, Adam Contos, Chief Executive Officer of Remax Holdings Inc and a well informed man, sold 5,000 shares of the corporation for approx. $271,850 US Dollars which is calculated with stock price per share of $54.4. Adam Contos currently possess 23,893 shares which are precisely 0.08% of the Colorado-based company’s market cap (total dollar market value of all company’s outstanding shares).

The stock decreased 0.46% or $0.25 during the last trading session, reaching $53.85. About 96,430 shares traded. RE/MAX Holdings, Inc. (NYSE:RMAX) has risen 4.25% since May 10, 2017 and is uptrending. It has underperformed by 7.30% the S&P500.

Among 13 analysts covering RE/MAX Holdings (NYSE:RMAX), 3 have Buy rating, 3 Sell and 7 Hold. Therefore 23% are positive. RE/MAX Holdings has $75 highest and $30 lowest target. $53’s average target is -1.58% below currents $53.85 stock price. RE/MAX Holdings had 21 analyst reports since August 11, 2015 according to SRatingsIntel. The rating was downgraded by Stephens on Monday, August 7 to “Equal-Weight”. JMP Securities maintained RE/MAX Holdings, Inc. (NYSE:RMAX) on Tuesday, August 11 with “Market Underperform” rating. The stock of RE/MAX Holdings, Inc. (NYSE:RMAX) has “Sell” rating given on Friday, December 15 by J.P. Morgan. Wood initiated it with “Market Perform” rating and $34 target in Thursday, March 31 report. The firm earned “Buy” rating on Thursday, September 28 by Piper Jaffray. Stephens maintained the stock with “Hold” rating in Friday, February 23 report. Wedbush initiated it with “Neutral” rating and $60 target in Wednesday, March 15 report. The stock has “Underweight” rating by JP Morgan on Friday, December 15. Morgan Stanley downgraded RE/MAX Holdings, Inc. (NYSE:RMAX) on Wednesday, August 19 to “Equal Weight” rating. The stock of RE/MAX Holdings, Inc. (NYSE:RMAX) earned “Buy” rating by Piper Jaffray on Thursday, March 15.

Investors sentiment decreased to 1.14 in 2017 Q4. Its down 0.05, from 1.19 in 2017Q3. It fall, as 18 investors sold RE/MAX Holdings, Inc. shares while 48 reduced holdings. 29 funds opened positions while 46 raised stakes. 17.83 million shares or 0.53% less from 17.93 million shares in 2017Q3 were reported. Panagora Asset Management holds 0.02% or 82,815 shares. Federated Pa reported 819 shares. Ameritas Invest Prns Inc has invested 0% of its portfolio in RE/MAX Holdings, Inc. (NYSE:RMAX). Confluence Llc reported 0.08% stake. Credit Suisse Ag owns 22,953 shares. Morgan Stanley invested 0% of its portfolio in RE/MAX Holdings, Inc. (NYSE:RMAX). New York-based Metropolitan Life Ny has invested 0% in RE/MAX Holdings, Inc. (NYSE:RMAX). Pinebridge Invests Limited Partnership accumulated 0.05% or 42,093 shares. Spark Invest Ltd Llc invested in 0.12% or 45,500 shares. 7,592 are held by Envestnet Asset. Deutsche Bancorporation Ag reported 100,169 shares stake. Kayne Anderson Rudnick Investment Mngmt Limited Liability Corp owns 0.62% invested in RE/MAX Holdings, Inc. (NYSE:RMAX) for 1.57M shares. Blair William & Il invested in 0.09% or 263,682 shares. Blackrock accumulated 2.27M shares. Bank & Trust Of Mellon holds 455,801 shares or 0.01% of its portfolio.

Stratasys Ltd. provides three-dimensional printing and additive manufacturing solutions for the creation of parts used in the processes of designing and manufacturing products; and for the direct manufacture of end parts. The company has market cap of $1.10 billion. The Company’s 3D printing systems utilize its patented fused deposition modeling (FDM) and inkjet PolyJet technologies to enable the production of prototypes, tools used for production and manufactured goods directly from 3D CAD files or other 3D content. It currently has negative earnings. The firm offers entry-level desktop 3D printers to systems for rapid prototyping, and production systems for direct digital manufacturing.

Lapides Asset Management Llc holds 2.41% of its portfolio in Stratasys Ltd. for 556,200 shares. Arrowmark Colorado Holdings Llc owns 4.29 million shares or 0.87% of their US portfolio. Moreover, Vident Investment Advisory Llc has 0.79% invested in the company for 876,470 shares. The Minnesota-based Riverbridge Partners Llc has invested 0.32% in the stock. K.J. Harrison & Partners Inc, a Ontario – Canada-based fund reported 41,000 shares.

The stock increased 4.66% or $0.91 during the last trading session, reaching $20.42. About 801,501 shares traded. Stratasys Ltd. (SSYS) has risen 3.03% since May 10, 2017 and is uptrending. It has underperformed by 8.52% the S&P500.

RE/MAX Holdings, Inc. (NYSE:RMAX) Institutional Positions Chart

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