Institutional Investors Hate on Petmed Express Inc Dropped

PetMed Express, Inc. (NASDAQ:PETS) Logo

Sentiment for Petmed Express Inc (NASDAQ:PETS)

Petmed Express Inc (NASDAQ:PETS) institutional sentiment decreased to 0.99 in Q2 2018. Its down -0.37, from 1.36 in 2018Q1. The ratio turned negative, as 84 funds increased or started new holdings, while 85 sold and reduced their equity positions in Petmed Express Inc. The funds in our partner’s database now own: 18.15 million shares, down from 18.52 million shares in 2018Q1. Also, the number of funds holding Petmed Express Inc in their top 10 holdings was flat from 1 to 1 for the same number . Sold All: 36 Reduced: 49 Increased: 46 New Position: 38.

PetMed Express, Inc. and its subsidiaries, doing business as 1-800-PetMeds, operates as a pet pharmacy in the United States. The company has market cap of $482.64 million. The firm markets prescription and non-prescription pet medications, health products, and supplies for dogs and cats to retail customers. It has a 11.33 P/E ratio. It provides non-prescription medications and supplies, such as flea and tick control products, bone and joint care products, vitamins, treats, nutritional supplements, hygiene products, and supplies; and prescription medications, including heartworm preventatives, flea and tick preventatives, arthritis, thyroid, diabetes, pain medications, antibiotics, and other specialty medications, as well as generic substitutes.

The stock increased 0.64% or $0.15 during the last trading session, reaching $23.57. About 674,413 shares traded. PetMed Express, Inc. (NASDAQ:PETS) has declined 5.43% since December 7, 2017 and is downtrending. It has underperformed by 21.05% the S&P500.

Oaktop Capital Management Ii L.P. holds 3.61% of its portfolio in PetMed Express, Inc. for 373,675 shares. Newtyn Management Llc owns 275,000 shares or 2.27% of their US portfolio. Moreover, Landscape Capital Management L.L.C. has 1.01% invested in the company for 274,053 shares. The Pennsylvania-based Copeland Capital Management Llc has invested 1% in the stock. Profit Investment Management Llc, a Maryland-based fund reported 27,088 shares.

Since January 1, 0001, it had 0 buys, and 2 selling transactions for $486,400 activity.

PetMed Express, Inc. (NASDAQ:PETS) Ratings Coverage

Ratings analysis reveals 0 of PetMed Express’s analysts are positive. Out of 3 Wall Street analysts rating PetMed Express, 0 give it “Buy”, 1 “Sell” rating, while 2 recommend “Hold”. PETS was included in 3 notes of analysts from June 15, 2018. On Friday, June 15 the stock rating was initiated by C.L. King with “Hold”. Craig Hallum downgraded the stock to “Sell” rating in Monday, July 9 report.

More notable recent PetMed Express, Inc. (NASDAQ:PETS) news were published by: Nasdaq.com which released: “Validea Joel Greenblatt Strategy Daily Upgrade Report – 11/24/2018 – Nasdaq” on November 24, 2018, also Nasdaq.com with their article: “True Nature Holding Inc. Appoints Consumer and Digital Marketing Expert to Advisory Board – Nasdaq” published on November 15, 2018, Nasdaq.com published: “True Nature Holding, Inc. Expands Board, Adding Experienced Public Equities and Health Care Executive as Chairman – Nasdaq” on December 04, 2018. More interesting news about PetMed Express, Inc. (NASDAQ:PETS) were released by: Nasdaq.com and their article: “True Nature Holding, Inc. Adds Healthcare Market Expert, Mr. Mark Williams, as Chief Revenue Officer and Member of the Board of Directors – Nasdaq” published on December 06, 2018 as well as Seekingalpha.com‘s news article titled: “PetMed Express: Ahead Of The Curve – Seeking Alpha” with publication date: July 26, 2018.

PetMed Express, Inc. (NASDAQ:PETS) Institutional Positions Chart

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