Ares Management Has Raised By $691,656 Its Triangle Capital (TCAP) Holding; Resonant (RESN)’s Sentiment Is 1.5

January 12, 2018 - By Adrian Mccoy

Ares Management Llc increased Triangle Capital Corp (TCAP) stake by 12.18% reported in 2017Q3 SEC filing. Ares Management Llc acquired 49,404 shares as Triangle Capital Corp (TCAP)’s stock declined 8.63%. The Ares Management Llc holds 454,860 shares with $6.50M value, up from 405,456 last quarter. Triangle Capital Corp now has $485.05 million valuation. The stock increased 2.73% or $0.27 during the last trading session, reaching $10.16. About 603,656 shares traded. Triangle Capital Corporation (NYSE:TCAP) has risen 2.36% since January 12, 2017 and is uptrending. It has underperformed by 14.34% the S&P500.

Resonant Inc., a late-stage development company, creates software tools, and intellectual property and licensable blocks that enable the development of filter creates for radio frequency front-ends used in the mobile device industry in the United States. The company has market cap of $116.97 million. It uses Infinite Synthesized Networks technology to configure and connect resonators, the building blocks of RF filters. It currently has negative earnings. The firm develops duplexer, a single-band filter design for mobile devices; and multiplexer filter creates for two or more bands to address the carrier aggregation, as well as reconfigurable filter creates for various RF frequency bands.

Concert Wealth Management Inc. holds 6.25% of its portfolio in Resonant Inc. for 348,202 shares. Leisure Capital Management owns 63,452 shares or 0.25% of their US portfolio. Moreover, Blackrock Inc. has 0% invested in the company for 29,564 shares. The Massachusetts-based Geode Capital Management Llc has invested 0% in the stock. Goldman Sachs Group Inc, a New York-based fund reported 15,593 shares.

The stock increased 2.95% or $0.2 during the last trading session, reaching $6.97. About 264,095 shares traded. Resonant Inc. (RESN) has risen 10.81% since January 12, 2017 and is uptrending. It has underperformed by 5.89% the S&P500.

Analysts await Resonant Inc. (NASDAQ:RESN) to report earnings on March, 29. They expect $-0.23 earnings per share, up 46.51% or $0.20 from last year’s $-0.43 per share. After $-0.28 actual earnings per share reported by Resonant Inc. for the previous quarter, Wall Street now forecasts -17.86% EPS growth.

Since January 1, 0001, it had 0 insider purchases, and 5 sales for $191,036 activity.

Ares Management Llc decreased Floor & Decor Hldgs Inc stake by 6.77 million shares to 45.42M valued at $1.78B in 2017Q3. It also reduced Solar Senior Capital Ltd (NASDAQ:SUNS) stake by 25,100 shares and now owns 247,282 shares. Fidus Investment Corp (NASDAQ:FDUS) was reduced too.

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