Oberweis Asset Management Cut By $376,810 Its Weibo Corp. Spon Adr (WB) Position; Centene Del (CNC) Shorts Lowered By 2.12%

January 14, 2018 - By Linda Rogers

Centene Corporation Del (NYSE:CNC) had a decrease of 2.12% in short interest. CNC’s SI was 4.49 million shares in January as released by FINRA. Its down 2.12% from 4.59M shares previously. With 1.24M avg volume, 4 days are for Centene Corporation Del (NYSE:CNC)’s short sellers to cover CNC’s short positions. The SI to Centene Corporation Del’s float is 2.66%. The stock increased 2.53% or $2.7 during the last trading session, reaching $109.48. About 757,907 shares traded. Centene Corporation (NYSE:CNC) has risen 32.56% since January 14, 2017 and is uptrending. It has outperformed by 15.86% the S&P500.

Oberweis Asset Management Inc decreased Weibo Corp. Spon Adr (WB) stake by 12.95% reported in 2017Q3 SEC filing. Oberweis Asset Management Inc sold 3,845 shares as Weibo Corp. Spon Adr (WB)’s stock rose 41.58%. The Oberweis Asset Management Inc holds 25,855 shares with $2.56M value, down from 29,700 last quarter. Weibo Corp. Spon Adr now has $26.87B valuation. The stock increased 1.26% or $1.51 during the last trading session, reaching $121.44. About 1.48 million shares traded. Weibo Corporation (NASDAQ:WB) has risen 239.00% since January 14, 2017 and is uptrending. It has outperformed by 222.30% the S&P500.

Investors sentiment decreased to 1.07 in Q3 2017. Its down 0.14, from 1.21 in 2017Q2. It is negative, as 54 investors sold Centene Corporation shares while 174 reduced holdings. 83 funds opened positions while 160 raised stakes. 150.53 million shares or 0.42% less from 151.16 million shares in 2017Q2 were reported. Bb&T Corp, North Carolina-based fund reported 187,792 shares. Pictet Asset Mngmt Ltd accumulated 92,100 shares. Gyroscope Management Limited Liability Company holds 0.14% of its portfolio in Centene Corporation (NYSE:CNC) for 2,875 shares. Utah Retirement Systems accumulated 31,092 shares. 691,019 were reported by Prudential. Principal Grp Inc Inc holds 0.05% or 492,498 shares. Srb invested in 0.03% or 2,097 shares. Asset holds 0.05% or 15,469 shares. Lazard Asset Mngmt Ltd, New York-based fund reported 168,430 shares. James Research invested 0.07% in Centene Corporation (NYSE:CNC). Alps Advsr holds 0% in Centene Corporation (NYSE:CNC) or 3,239 shares. Alpine Woods Invsts Ltd Co owns 9,000 shares. Public Sector Pension Board holds 65,244 shares. Catalyst Advsrs has invested 0.16% of its portfolio in Centene Corporation (NYSE:CNC). Lsv Asset Mgmt reported 0.08% of its portfolio in Centene Corporation (NYSE:CNC).

Since July 20, 2017, it had 0 insider purchases, and 4 selling transactions for $2.59 million activity. The insider Hunter Jesse N sold 10,000 shares worth $987,300. DITMORE ROBERT K also sold $912,625 worth of Centene Corporation (NYSE:CNC) on Monday, January 8. The insider BOWERS CHRISTOPHER D sold $317,720.

Among 20 analysts covering Centene Corporation (NYSE:CNC), 16 have Buy rating, 1 Sell and 3 Hold. Therefore 80% are positive. Centene Corporation had 53 analyst reports since July 22, 2015 according to SRatingsIntel. Barclays Capital maintained Centene Corporation (NYSE:CNC) rating on Wednesday, January 6. Barclays Capital has “Equal-Weight” rating and $72 target. Piper Jaffray initiated the stock with “Overweight” rating in Wednesday, January 4 report. The firm has “Buy” rating by Citigroup given on Friday, October 2. As per Friday, October 13, the company rating was maintained by Jefferies. The stock of Centene Corporation (NYSE:CNC) has “Buy” rating given on Wednesday, July 26 by UBS. The firm has “Hold” rating by Credit Suisse given on Friday, November 3. The firm earned “Buy” rating on Friday, June 16 by Cantor Fitzgerald. On Wednesday, July 26 the stock rating was maintained by Citigroup with “Sell”. The company was upgraded on Wednesday, June 29 by Morgan Stanley. Barclays Capital maintained Centene Corporation (NYSE:CNC) on Wednesday, February 8 with “Overweight” rating.

Centene Corporation operates as a diversified and multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. The company has market cap of $18.89 billion. It operates through two divisions, Managed Care and Specialty Services. It has a 22.46 P/E ratio. The Managed Care segment offers Medicaid and Medicaid-related health plan coverage to individuals through government subsidized programs, including Medicaid, the State childrenÂ’s health insurance program, long-term care, foster care, and dual-eligible individual, as well as aged, blind, or disabled programs.

Oberweis Asset Management Inc increased Spdr S&P 500 Etf Trust (SPY) stake by 3,070 shares to 11,313 valued at $2.84 million in 2017Q3. It also upped Coherent Inc (NASDAQ:COHR) stake by 35,090 shares and now owns 38,121 shares. Control 4 Corp (NASDAQ:CTRL) was raised too.

Among 11 analysts covering Weibo Corp (NASDAQ:WB), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Weibo Corp had 19 analyst reports since August 19, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Buy” rating in Thursday, June 22 report. On Friday, August 5 the stock rating was initiated by Citigroup with “Buy”. Summit Research upgraded the stock to “Hold” rating in Thursday, August 27 report. The stock of Weibo Corporation (NASDAQ:WB) has “Buy” rating given on Tuesday, October 3 by Jefferies. TH Capital maintained the stock with “Buy” rating in Tuesday, November 17 report. On Wednesday, August 31 the stock rating was reinitiated by JP Morgan with “Overweight”. The company was downgraded on Monday, May 16 by Goldman Sachs. The rating was upgraded by Morgan Stanley on Thursday, December 17 to “Overweight”. The firm earned “Hold” rating on Friday, September 4 by Zacks. The rating was downgraded by Citigroup to “Neutral” on Thursday, October 29.

Analysts await Weibo Corporation (NASDAQ:WB) to report earnings on February, 28. They expect $0.52 earnings per share, up 173.68% or $0.33 from last year’s $0.19 per share. WB’s profit will be $115.03M for 58.38 P/E if the $0.52 EPS becomes a reality. After $0.45 actual earnings per share reported by Weibo Corporation for the previous quarter, Wall Street now forecasts 15.56% EPS growth.

Investors sentiment decreased to 1.55 in 2017 Q3. Its down 1.07, from 2.62 in 2017Q2. It dropped, as 40 investors sold WB shares while 48 reduced holdings. 48 funds opened positions while 88 raised stakes. 125.34 million shares or 324.34% more from 29.54 million shares in 2017Q2 were reported. Annex Advisory Serv Ltd Liability Com accumulated 0.1% or 5,000 shares. Korea Inv invested in 3,900 shares. California-based Eqis Capital Mgmt Incorporated has invested 0.04% in Weibo Corporation (NASDAQ:WB). 1.72M were accumulated by Acadian Asset Management. Zurcher Kantonalbank (Zurich Cantonalbank) invested 0.01% of its portfolio in Weibo Corporation (NASDAQ:WB). Baring Asset Limited holds 0.7% or 120,623 shares in its portfolio. World Asset Management holds 0.02% of its portfolio in Weibo Corporation (NASDAQ:WB) for 6,783 shares. Morgan Stanley invested 0.01% of its portfolio in Weibo Corporation (NASDAQ:WB). D E Shaw has invested 0.03% in Weibo Corporation (NASDAQ:WB). State Of New Jersey Common Pension Fund D owns 0.01% invested in Weibo Corporation (NASDAQ:WB) for 21,213 shares. Alta Advisers Limited accumulated 0.18% or 630 shares. First Manhattan has invested 0% in Weibo Corporation (NASDAQ:WB). Us National Bank & Trust De holds 34,398 shares or 0.01% of its portfolio. Moreover, Gam Ag has 1.16% invested in Weibo Corporation (NASDAQ:WB) for 277,469 shares. Aviva Public Limited Company invested in 0% or 8,650 shares.

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