Brave Asset Management Lifted Goldman Sachs Group (GS) Holding; Pareteum (NYSEAMERICAN:TEUM) Shorts Increased By 11.86%

May 22, 2018 - By Darrin Black

The Goldman Sachs Group, Inc. (NYSE:GS) Logo

Brave Asset Management Inc increased Goldman Sachs Group Inc (GS) stake by 254.27% reported in 2017Q4 SEC filing. Brave Asset Management Inc acquired 8,045 shares as Goldman Sachs Group Inc (GS)’s stock declined 4.52%. The Brave Asset Management Inc holds 11,209 shares with $2.86 million value, up from 3,164 last quarter. Goldman Sachs Group Inc now has $90.35B valuation. The stock increased 0.64% or $1.51 during the last trading session, reaching $239.21. About 1.75 million shares traded. The Goldman Sachs Group, Inc. (NYSE:GS) has risen 9.66% since May 22, 2017 and is uptrending. It has underperformed by 1.89% the S&P500.

Pareteum Corporation (NYSEAMERICAN:TEUM) had an increase of 11.86% in short interest. TEUM’s SI was 5.75M shares in May as released by FINRA. Its up 11.86% from 5.14 million shares previously. With 3.72M avg volume, 2 days are for Pareteum Corporation (NYSEAMERICAN:TEUM)’s short sellers to cover TEUM’s short positions. It closed at $2.39 lastly. It is down 165.52% since May 22, 2017 and is uptrending. It has outperformed by 153.97% the S&P500.

Another recent and important Pareteum Corporation (NYSEAMERICAN:TEUM) news was published by Investorplace.com which published an article titled: “How to Invest Wisely in Blockchain and AI Stocks Right Now” on May 16, 2018.

Pareteum Corporation provides mobile networking software and services for the mobile, mobile virtual network operators, enterprise, and Internet of Things markets in Europe and internationally. The company has market cap of $123.26 million. It operates a communications cloud services platform, which provides mobility, messaging and, security services and applications, with a single-sign-on, application program interface , and software development suite. It currently has negative earnings. The companyÂ’s platform hosts integrated IT/back office and core network functionality for mobile network operators, and for enterprises to implement and leverage mobile communications solutions on a Software as a Service, Platform as a Service, or Infrastructure as a Service basis.

Among 32 analysts covering Goldman Sachs Group Inc. (NYSE:GS), 14 have Buy rating, 1 Sell and 17 Hold. Therefore 44% are positive. Goldman Sachs Group Inc. had 109 analyst reports since July 21, 2015 according to SRatingsIntel. Wood downgraded the shares of GS in report on Wednesday, July 19 to “Market Perform” rating. The rating was downgraded by Instinet to “Neutral” on Tuesday, November 29. The stock has “Neutral” rating by Atlantic Securities on Wednesday, December 21. Evercore upgraded The Goldman Sachs Group, Inc. (NYSE:GS) on Monday, August 31 to “Buy” rating. The firm earned “Hold” rating on Tuesday, December 12 by Keefe Bruyette & Woods. The company was maintained on Tuesday, September 26 by Keefe Bruyette & Woods. The firm earned “Outperform” rating on Tuesday, October 6 by Oppenheimer. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) has “Overweight” rating given on Wednesday, October 18 by Morgan Stanley. As per Tuesday, January 5, the company rating was maintained by Oppenheimer. The company was downgraded on Friday, February 24 by Berenberg.

Since January 18, 2018, it had 0 buys, and 8 selling transactions for $22.92 million activity. LEE BRIAN J sold $1.78M worth of stock or 6,738 shares. CHAVEZ R. MARTIN had sold 11,829 shares worth $3.07M on Wednesday, February 7. $1.17M worth of The Goldman Sachs Group, Inc. (NYSE:GS) was sold by ROGERS JOHN F.W.. VINIAR DAVID A sold 17,500 shares worth $4.40M. SALAME PABLO J had sold 10,000 shares worth $2.70M. SOLOMON DAVID M sold $5.77M worth of stock.

Brave Asset Management Inc decreased Ishares Tr (PFF) stake by 13,546 shares to 386,503 valued at $14.71M in 2017Q4. It also reduced General Electric Co (NYSE:GE) stake by 56,060 shares and now owns 38,654 shares. Citigroup Inc (NYSE:C) was reduced too.

More notable recent The Goldman Sachs Group, Inc. (NYSE:GS) news were published by: Livetradingnews.com which released: “The Goldman Sachs Group, Inc. (NYSE:GS) Stock Oversold” on May 21, 2018, also Seekingalpha.com with their article: “Goldman Sachs: Packing My Bags” published on May 02, 2018, Seekingalpha.com published: “Goldman hires cryptocurrency head” on April 23, 2018. More interesting news about The Goldman Sachs Group, Inc. (NYSE:GS) were released by: Bizjournals.com and their article: “Data intelligence startup Cuebiq secures $27M in venture capital” published on May 22, 2018 as well as Livetradingnews.com‘s news article titled: “The Goldman Sachs Group, Inc. (NYSE:GS) Bullish Trend Continues” with publication date: May 14, 2018.

The Goldman Sachs Group, Inc. (NYSE:GS) Institutional Positions Chart

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