Kopernik Global Investors Upped Pandora Media (P) Stake by $1.98 Million as Market Value Rose; Parus Finance Uk LTD Maintains Position in Vipshop Hldgs LTD (VIPS)

June 16, 2018 - By Adrian Erickson

Pandora Media, Inc. (NYSE:P) Logo

Parus Finance Uk Ltd increased its stake in Vipshop Hldgs Ltd (VIPS) by 78.92% based on its latest 2018Q1 regulatory filing with the SEC. Parus Finance Uk Ltd bought 765,680 shares as the company’s stock declined 35.27% with the market. The institutional investor held 1.74 million shares of the catalog and specialty distribution company at the end of 2018Q1, valued at $28.85 million, up from 970,200 at the end of the previous reported quarter. Parus Finance Uk Ltd who had been investing in Vipshop Hldgs Ltd for a number of months, seems to be bullish on the $7.40B market cap company. The stock increased 1.08% or $0.12 during the last trading session, reaching $11.23. About 15.52M shares traded or 53.87% up from the average. Vipshop Holdings Limited (NYSE:VIPS) has declined 10.11% since June 16, 2017 and is downtrending. It has underperformed by 22.68% the S&P500. Some Historical VIPS News: 15/05/2018 – M&G Adds Compass Minerals, Exits Vipshop Holdings: 13F; 30/03/2018 – Vipshop to Invest Up to $250 Million in Private-Equity Fund; 30/03/2018 – Vipshop Holdings Committed to Invest Up to $250M Into a Private Equity Fund With Consumer Goods and Supply Chain as One of Its Key Investment Areas; 30/03/2018 – VIPSHOP TO INVEST UP TO $250M INTO A PRIVATE EQUITY FUND; 26/04/2018 – COSMO LADY CHINA HOLDINGS CO LTD 2298.HK – SUBSCRIBERS ARE WINDCREEK, IMAGE FRAME INVESTMENT, VIPSHOP AND QUICK RETURNS; 19/04/2018 – Vipshop Filed 2017 Annual Report on Form 20-F; 14/05/2018 – Vipshop Holdings 1Q EPS 12c; 30/03/2018 – VIPSHOP HOLDINGS LTD – ENTERED INTO DEFINITIVE AGREEMENTS AND COMMITTED TO INVEST UP TO $250 MLN INTO A PRIVATE EQUITY FUND; 14/05/2018 – VIPSHOP HOLDINGS 1Q REV. $3.2B, EST. $3.08B; 14/05/2018 – VIPSHOP HOLDINGS LTD – LOOKING AHEAD, WILL CONTINUE TO WORK CLOSELY WITH TENCENT AND JD.COM IN ORDER TO IMPROVE TRAFFIC FLOW AND CONVERSION RATES

David Iben increased its stake in Pandora Media Inc (P) by 6.68% based on its latest 2018Q1 regulatory filing with the SEC. Kopernik Global Investors Llc bought 395,953 shares as the company’s stock rose 55.78% while stock markets declined. The hedge fund run by David Iben held 6.32M shares of the consumer services company at the end of 2018Q1, valued at $31.79 million, up from 5.92M at the end of the previous reported quarter. Kopernik Global Investors Llc who had been investing in Pandora Media Inc for a number of months, seems to be bullish on the $2.12B market cap company. The stock decreased 0.99% or $0.08 during the last trading session, reaching $7.97. About 10.20 million shares traded or 13.24% up from the average. Pandora Media, Inc. (NYSE:P) has declined 23.47% since June 16, 2017 and is downtrending. It has underperformed by 36.04% the S&P500. Some Historical P News: 03/05/2018 – PINNACLE VIEW’S HART SEES 30% DOWNSIDE FOR PANDORA A/S; 05/03/2018 Pandora Media Closes Above 50-Day Moving Average: Technicals; 21/03/2018 – PANDORA MEDIA INC – AT CLOSING OF TRANSACTION, ADSWIZZ WILL BECOME A SUBSIDIARY OF PANDORA; 02/05/2018 – Franklin Templeton – European Adds Pandora, Exits Sky; 21/03/2018 – PANDORA MEDIA INC – VAN DE WYER WILL REMAIN CEO OF ADSWIZZ POST DEAL; 28/03/2018 – CHINA COMMERCE MINISTRY SAYS U.S. ACTIONS ON TRADE IS LIKE OPENING A PANDORA’S BOX, SEES SPILLOVER EFFECTS; 15/03/2018 – Pandora Partners With Linkfire as the Premier Streaming Music Data Provider; 23/03/2018 – Pandora Closes Above 200-Day Moving Average: Technicals; 23/05/2018 – MELVIN CAPITAL MANAGEMENT LOWERS SHORT POSITION IN PANDORA PNDORA.CO TO 0.61 PCT FROM 0.80 PCT; 06/03/2018 – LIVESTOCK-Supply buildup fears undercut CME live cattle futures

Parus Finance Uk Ltd, which manages about $528.04M US Long portfolio, decreased its stake in Paypal Hldgs Inc by 50,900 shares to 172,100 shares, valued at $13.06M in 2018Q1, according to the filing. It also reduced its holding in Adobe Sys Inc (NASDAQ:ADBE) by 38,750 shares in the quarter, leaving it with 69,070 shares, and cut its stake in Nvidia Corp (NASDAQ:NVDA).

Among 20 analysts covering Vipshop Holdings Limited (NYSE:VIPS), 13 have Buy rating, 1 Sell and 6 Hold. Therefore 65% are positive. Vipshop Holdings Limited had 44 analyst reports since August 12, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, February 13 by KeyBanc Capital Markets. The stock of Vipshop Holdings Limited (NYSE:VIPS) has “Buy” rating given on Wednesday, February 14 by HSBC. As per Wednesday, May 16, the company rating was downgraded by Daiwa Securities. On Tuesday, January 16 the stock rating was upgraded by Bernstein to “Outperform”. The firm earned “Hold” rating on Friday, June 30 by Deutsche Bank. Credit Agricole downgraded the stock to “Underperform” rating in Monday, November 16 report. Credit Suisse downgraded the stock to “Neutral” rating in Friday, February 26 report. Daiwa Securities downgraded the stock to “Hold” rating in Thursday, August 17 report. JP Morgan downgraded Vipshop Holdings Limited (NYSE:VIPS) on Wednesday, May 18 to “Neutral” rating. The rating was maintained by Jefferies with “Buy” on Monday, August 14.

Investors sentiment increased to 1.5 in Q1 2018. Its up 0.46, from 1.04 in 2017Q4. It increased, as 35 investors sold P shares while 39 reduced holdings. 40 funds opened positions while 71 raised stakes. 239.08 million shares or 2.22% more from 233.88 million shares in 2017Q4 were reported. Gruss And Com owns 29,000 shares or 0.15% of their US portfolio. Hudson Bay Cap Ltd Partnership has invested 0.07% in Pandora Media, Inc. (NYSE:P). 282,796 were reported by Commerzbank Aktiengesellschaft Fi. New York State Common Retirement Fund holds 0% of its portfolio in Pandora Media, Inc. (NYSE:P) for 501,700 shares. Earnest Prns Ltd reported 0% stake. Empyrean Prtn Limited Partnership reported 0.62% stake. Taconic Advsrs Lp holds 0.09% or 110,000 shares. Moreover, Bluecrest Mgmt Limited has 0.01% invested in Pandora Media, Inc. (NYSE:P). 18,531 are owned by Baker Avenue Asset Management L P. Goldman Sachs Grp Inc invested in 7.25 million shares or 0.01% of the stock. Creative Planning holds 0% or 31,550 shares in its portfolio. Prelude Capital Ltd Llc reported 0.02% of its portfolio in Pandora Media, Inc. (NYSE:P). Aperio Group Ltd Liability Corp holds 0% in Pandora Media, Inc. (NYSE:P) or 57,855 shares. Ellington Mgmt Group Ltd Limited Liability Company, a Connecticut-based fund reported 527,200 shares. Jpmorgan Chase & owns 0% invested in Pandora Media, Inc. (NYSE:P) for 219,346 shares.

More important recent Pandora Media, Inc. (NYSE:P) news were published by: Schaeffersresearch.com which released: “2 Drug Stocks Moving on FDA News” on June 14, 2018, also Seekingalpha.com published article titled: “Pandora Is Copying YouTube, Not Spotify. And It’s Working”, Seekingalpha.com published: “Pandora Climbs On Social Media Move” on June 15, 2018. More interesting news about Pandora Media, Inc. (NYSE:P) was released by: Benzinga.com and their article: “This Day In Market History: Pandora Goes Public” with publication date: June 15, 2018.

Since February 16, 2018, it had 0 buys, and 12 insider sales for $1.09 million activity. BENE STEPHEN G also sold $57,033 worth of Pandora Media, Inc. (NYSE:P) on Friday, February 16. Shares for $64,322 were sold by Trimble John on Friday, February 16. 8,188 Pandora Media, Inc. (NYSE:P) shares with value of $60,567 were sold by Phillips Christopher W. Walker Karen Sammis sold $86,271 worth of stock. The insider Robinson Kristen sold 11,403 shares worth $57,757.

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