Paradigm Capital Management Has Lowered Pcm (PCMI) Stake; Shorts at FAR LTD ORDINARY SHARES AUSTRALIA (FARYF) Raised By 4.89%

May 19, 2018 - By Dolores Ford


Paradigm Capital Management Inc decreased Pcm Inc (PCMI) stake by 25.21% reported in 2017Q4 SEC filing. Paradigm Capital Management Inc sold 173,300 shares as Pcm Inc (PCMI)’s stock declined 14.29%. The Paradigm Capital Management Inc holds 514,200 shares with $5.09M value, down from 687,500 last quarter. Pcm Inc now has $149.16M valuation. The stock decreased 1.18% or $0.15 during the last trading session, reaching $12.6. About 53,498 shares traded. PCM, Inc. (NASDAQ:PCMI) has declined 70.06% since May 19, 2017 and is downtrending. It has underperformed by 81.61% the S&P500.

FAR LTD ORDINARY SHARES AUSTRALIA (OTCMKTS:FARYF) had an increase of 4.89% in short interest. FARYF’s SI was 1.37 million shares in May as released by FINRA. Its up 4.89% from 1.31M shares previously. With 89,600 avg volume, 15 days are for FAR LTD ORDINARY SHARES AUSTRALIA (OTCMKTS:FARYF)’s short sellers to cover FARYF’s short positions. The SI to FAR LTD ORDINARY SHARES AUSTRALIA’s float is 0.03%. It closed at $0.08178 lastly. It is down 0.00% since May 19, 2017 and is . It has underperformed by 11.55% the S&P500.

FAR Limited operates as an oil and gas exploration and development firm with primary assets located in West Africa, East Africa, and Australia. The company has market cap of $474.05 million. It holds a portfolio of exploration licenses in Senegal and Guinea-Bissau, West Africa; exploration acreage in the gas and oil province of Kenya; and an acreage surrounded by proven petroleum systems in the state of Western Australia. It currently has negative earnings. The firm was formerly known as First Australian Resources NL and changed its name to FAR Limited in 2010.

Analysts await PCM, Inc. (NASDAQ:PCMI) to report earnings on July, 25. They expect $0.50 earnings per share, up 13.64% or $0.06 from last year’s $0.44 per share. PCMI’s profit will be $5.92M for 6.30 P/E if the $0.50 EPS becomes a reality. After $0.30 actual earnings per share reported by PCM, Inc. for the previous quarter, Wall Street now forecasts 66.67% EPS growth.

Paradigm Capital Management Inc increased Nature’s Sunshine Products In (NASDAQ:NATR) stake by 61,099 shares to 956,238 valued at $11.05 million in 2017Q4. It also upped Insight Enterprises (NASDAQ:NSIT) stake by 20,120 shares and now owns 645,502 shares. Formfactor Inc (NASDAQ:FORM) was raised too.

PCM, Inc. (NASDAQ:PCMI) Institutional Positions Chart

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