As Ambarella (Call) (AMBA) Stock Rose, Highbridge Capital Management Lowered by $475,300 Its Holding; Vodafone Group Plc Adr (VOD) Position Has Increased by Salem Capital Management Inc

January 14, 2018 - By Winifred Garcia

Salem Capital Management Inc increased its stake in Vodafone Group Plc Adr (VOD) by 14.69% based on its latest 2017Q3 regulatory filing with the SEC. Salem Capital Management Inc bought 14,154 shares as the company’s stock rose 16.21% with the market. The institutional investor held 110,497 shares of the telecommunications equipment company at the end of 2017Q3, valued at $3.15M, up from 96,343 at the end of the previous reported quarter. Salem Capital Management Inc who had been investing in Vodafone Group Plc Adr for a number of months, seems to be bullish on the $81.29B market cap company. The stock increased 1.56% or $0.49 during the last trading session, reaching $31.93. About 2.90M shares traded. Vodafone Group Plc (NASDAQ:VOD) has declined 13.23% since January 14, 2017 and is downtrending. It has underperformed by 29.93% the S&P500.

Glenn Russell Dubin decreased its stake in Ambarella Inc (Call) (AMBA) by 58.08% based on its latest 2017Q3 regulatory filing with the SEC. Highbridge Capital Management Llc sold 9,700 shares as the company’s stock rose 13.63% with the market. The hedge fund run by Glenn Russell Dubin held 7,000 shares of the technology company at the end of 2017Q3, valued at $345,000, down from 16,700 at the end of the previous reported quarter. Highbridge Capital Management Llc who had been investing in Ambarella Inc (Call) for a number of months, seems to be less bullish one the $1.83 billion market cap company. The stock increased 0.46% or $0.25 during the last trading session, reaching $54.92. About 948,404 shares traded. Ambarella, Inc. (NASDAQ:AMBA) has risen 67.32% since January 14, 2017 and is uptrending. It has outperformed by 50.62% the S&P500.

Among 8 analysts covering Vodafone Group PLC (ADR) (NASDAQ:VOD), 4 have Buy rating, 1 Sell and 3 Hold. Therefore 50% are positive. Vodafone Group PLC (ADR) had 13 analyst reports since October 19, 2015 according to SRatingsIntel. Standpoint Research downgraded the stock to “Reduce” rating in Thursday, June 1 report. Goldman Sachs upgraded Vodafone Group Plc (NASDAQ:VOD) on Tuesday, January 10 to “Buy” rating. The stock of Vodafone Group Plc (NASDAQ:VOD) has “Hold” rating given on Tuesday, September 20 by Argus Research. Bank of America upgraded Vodafone Group Plc (NASDAQ:VOD) on Wednesday, April 20 to “Buy” rating. Argus Research upgraded Vodafone Group Plc (NASDAQ:VOD) on Monday, June 12 to “Buy” rating. Macquarie Research downgraded the shares of VOD in report on Monday, June 13 to “Neutral” rating. The stock of Vodafone Group Plc (NASDAQ:VOD) has “Overweight” rating given on Friday, December 8 by Barclays Capital. The stock has “Buy” rating by Bank of America on Wednesday, August 9. The stock has “Neutral” rating by Bank of America on Wednesday, January 25. The rating was initiated by Standpoint Research on Tuesday, January 3 with “Accumulate”.

Since September 18, 2017, it had 0 insider buys, and 11 sales for $3.18 million activity. Another trade for 2,618 shares valued at $128,675 was made by Day Christopher on Friday, September 29. Laplante George sold $260,028 worth of stock. $118,463 worth of stock was sold by PAISLEY CHRISTOPHER B on Monday, December 11. On Monday, December 18 the insider Kohn Leslie sold $266,182. Chen Yun-Lung also sold $678,132 worth of Ambarella, Inc. (NASDAQ:AMBA) shares.

Analysts await Ambarella, Inc. (NASDAQ:AMBA) to report earnings on February, 27. They expect $0.08 earnings per share, down 85.19% or $0.46 from last year’s $0.54 per share. AMBA’s profit will be $2.66M for 171.63 P/E if the $0.08 EPS becomes a reality. After $0.34 actual earnings per share reported by Ambarella, Inc. for the previous quarter, Wall Street now forecasts -76.47% negative EPS growth.

Highbridge Capital Management Llc, which manages about $32.39 billion and $6.68 billion US Long portfolio, upped its stake in Cubesmart (NYSE:CUBE) by 36,900 shares to 236,900 shares, valued at $6.15M in 2017Q3, according to the filing. It also increased its holding in Pennsylvania Rl Estate Invt (NYSE:PEI) by 311,958 shares in the quarter, for a total of 401,958 shares, and has risen its stake in Penn Natl Gaming Inc (Put) (NASDAQ:PENN).

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