Shutterstock Inc (NYSE:SSTK) Institutional Investors Sentiment Unchanged in 2018 Q2

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Sentiment for Shutterstock Inc (NYSE:SSTK)

Shutterstock Inc (NYSE:SSTK) institutional sentiment is 1.42 in Q2 2018. Its the same as in 2018Q1. The ratio is neither positive nor negative, as only 75 investment managers opened new or increased positions, while 53 decreased and sold their positions in Shutterstock Inc. The investment managers in our partner’s database now hold: 21.72 million shares, up from 18.89 million shares in 2018Q1. Also, the number of investment managers holding Shutterstock Inc in their top 10 positions was flat from 2 to 2 for the same number . Sold All: 19 Reduced: 34 Increased: 57 New Position: 18.

Shutterstock, Inc. provides content services and products in North America, Europe, and internationally. The company has market cap of $1.35 billion. It offers digital imagery services, which include licensed photographs, vectors, illustrations, and video clips that clients use in their visual communications, such as Websites, digital and print marketing materials, corporate communications, books, publications, and video content; and commercial music services comprising music tracks and sound effects that are used to complement digital imagery. It has a 32.83 P/E ratio. The firm provides its services under the Shutterstock, Bigstock, Offset, Shutterstock Music, and Shutterstock Editorial names.

The stock increased 1.08% or $0.41 during the last trading session, reaching $38.48. About 216,687 shares traded. Shutterstock, Inc. (NYSE:SSTK) has risen 70.90% since December 7, 2017 and is uptrending. It has outperformed by 55.28% the S&P500.

Analysts await Shutterstock, Inc. (NYSE:SSTK) to report earnings on February, 28. They expect $0.30 earnings per share, up 36.36 % or $0.08 from last year’s $0.22 per share. SSTK’s profit will be $10.51M for 32.07 P/E if the $0.30 EPS becomes a reality. After $0.25 actual earnings per share reported by Shutterstock, Inc. for the previous quarter, Wall Street now forecasts 20.00 % EPS growth.

Bernzott Capital Advisors holds 4.28% of its portfolio in Shutterstock, Inc. for 725,455 shares. Van Berkom & Associates Inc. owns 1.31 million shares or 1.81% of their US portfolio. Moreover, Arrowmark Colorado Holdings Llc has 1.21% invested in the company for 2.78 million shares. The California-based Rice Hall James & Associates Llc has invested 0.88% in the stock. Hussman Strategic Advisors Inc., a Maryland-based fund reported 60,000 shares.

Since January 1, 0001, it had 0 buys, and 2 sales for $758,129 activity.

More notable recent Shutterstock, Inc. (NYSE:SSTK) news were published by: Streetinsider.com which released: “Bynder Reports Strategic Acquisition of Shutterstock’s (SSTK) Webdam for $49.1 Million – StreetInsider.com” on February 16, 2018, also Seekingalpha.com with their article: “Shutterstock, Inc. (SSTK) CEO Jon Oringer on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” published on October 30, 2018, Uk.Finance.Yahoo.com published: “What Kind Of Share Price Volatility Should You Expect For Shutterstock Inc (NYSE:SSTK)? – Yahoo Finance UK” on November 08, 2018. More interesting news about Shutterstock, Inc. (NYSE:SSTK) were released by: Seekingalpha.com and their article: “Shutterstock: Not A Pretty Picture – Seeking Alpha” published on April 13, 2016 as well as Fool.com‘s news article titled: “Shutterstock Takes a Bottom-Line Hit – The Motley Fool” with publication date: February 22, 2018.

Shutterstock, Inc. (NYSE:SSTK) Institutional Positions Chart

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