Aerohive Networks, Inc. (HIVE) Reaches $4.17 After 6.00% Up Move; Vericel (VCEL) SI Decreased By 20.59%

June 4, 2018 - By Ellis Scott

Vericel Corporation (NASDAQ:VCEL) Logo

Vericel Corporation (NASDAQ:VCEL) had a decrease of 20.59% in short interest. VCEL’s SI was 1.07 million shares in June as released by FINRA. Its down 20.59% from 1.35M shares previously. With 804,200 avg volume, 1 days are for Vericel Corporation (NASDAQ:VCEL)’s short sellers to cover VCEL’s short positions. The SI to Vericel Corporation’s float is 3.77%. The stock decreased 8.51% or $1.225 during the last trading session, reaching $13.175. About 1.81M shares traded or 59.19% up from the average. Vericel Corporation (NASDAQ:VCEL) has risen 389.29% since June 4, 2017 and is uptrending. It has outperformed by 376.72% the S&P500.

The stock of Aerohive Networks, Inc. (NYSE:HIVE) is a huge mover today! The stock increased 5.30% or $0.21 during the last trading session, reaching $4.17. About 253,754 shares traded. Aerohive Networks, Inc. (NYSE:HIVE) has declined 14.05% since June 4, 2017 and is downtrending. It has underperformed by 26.62% the S&P500.The move comes after 6 months positive chart setup for the $227.80 million company. It was reported on Jun, 4 by Barchart.com. We have $4.42 PT which if reached, will make NYSE:HIVE worth $13.67 million more.

Investors sentiment decreased to 1.13 in 2018 Q1. Its down 1.02, from 2.15 in 2017Q4. It worsened, as 19 investors sold Aerohive Networks, Inc. shares while 19 reduced holdings. 18 funds opened positions while 25 raised stakes. 22.07 million shares or 3.98% more from 21.23 million shares in 2017Q4 were reported. Zeke Cap Advsr Limited Liability has 0% invested in Aerohive Networks, Inc. (NYSE:HIVE). Paradigm Cap Management Ny has 0.06% invested in Aerohive Networks, Inc. (NYSE:HIVE) for 184,400 shares. State Street Corporation holds 0% of its portfolio in Aerohive Networks, Inc. (NYSE:HIVE) for 423,941 shares. Aqr Mgmt Ltd Liability Corp accumulated 836,730 shares. Rhumbline Advisers stated it has 27,229 shares or 0% of all its holdings. Price T Rowe Assoc Inc Md holds 0% of its portfolio in Aerohive Networks, Inc. (NYSE:HIVE) for 17,262 shares. Nj State Employees Deferred Compensation Plan stated it has 90,000 shares. Royal Bank & Trust Of Canada owns 0% invested in Aerohive Networks, Inc. (NYSE:HIVE) for 20 shares. Citigroup holds 0% or 4,883 shares. Amer International Gp holds 0% of its portfolio in Aerohive Networks, Inc. (NYSE:HIVE) for 20,475 shares. Wells Fargo & Mn stated it has 41,847 shares or 0% of all its holdings. Moreover, Stone Ridge Asset Ltd Limited Liability Company has 0.01% invested in Aerohive Networks, Inc. (NYSE:HIVE) for 52,504 shares. Mutual Of America Capital Management Limited Liability Company accumulated 0.02% or 380,555 shares. Modera Wealth Llc holds 0.04% or 45,836 shares. S Squared Techs Limited Liability Corporation has 1.58% invested in Aerohive Networks, Inc. (NYSE:HIVE) for 457,805 shares.

Since May 29, 2018, it had 0 insider purchases, and 1 sale for $262,244 activity. Amrod Alan had sold 62,177 shares worth $262,244.

Among 9 analysts covering Aerohive Networks (NYSE:HIVE), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 56% are positive. Aerohive Networks has $10 highest and $5 lowest target. $7.40’s average target is 77.46% above currents $4.17 stock price. Aerohive Networks had 14 analyst reports since August 6, 2015 according to SRatingsIntel. As per Wednesday, August 26, the company rating was downgraded by Bank of America. The company was downgraded on Monday, February 6 by JMP Securities. The stock of Aerohive Networks, Inc. (NYSE:HIVE) has “Buy” rating given on Friday, May 5 by Wunderlich. Buckingham Research downgraded Aerohive Networks, Inc. (NYSE:HIVE) on Friday, October 14 to “Neutral” rating. DA Davidson initiated Aerohive Networks, Inc. (NYSE:HIVE) rating on Friday, December 16. DA Davidson has “Buy” rating and $10 target. Craig Hallum initiated the shares of HIVE in report on Tuesday, October 17 with “Buy” rating. Buckingham Research maintained the shares of HIVE in report on Thursday, February 4 with “Buy” rating. Wunderlich downgraded the stock to “Hold” rating in Friday, October 14 report. On Wednesday, June 8 the stock rating was initiated by Wunderlich with “Buy”. Dougherty & Company maintained Aerohive Networks, Inc. (NYSE:HIVE) rating on Thursday, August 6. Dougherty & Company has “Buy” rating and $10 target.

Aerohive Networks, Inc., together with its subsidiaries, creates and develops cloud networking and enterprise Wi-Fi solutions in Americas, Europe, the Middle East and Africa, and the Asia Pacific. The company has market cap of $227.80 million. The firm provides hardware products, such as wireless access points, branch routers, and switches; tiered maintenance and support services comprising technical support, bug fixes, access to priority hardware replacement service, and unspecified upgrades; and Software as a Service subscriptions, including comparable maintenance and support services. It currently has negative earnings. The Company’s cloud product comprises HiveManager, a network management application; and Mobility Suite, which includes guest access, personal device access, ID manager, and social login applications.

Analysts await Aerohive Networks, Inc. (NYSE:HIVE) to report earnings on August, 1. They expect $-0.09 earnings per share, down 28.57% or $0.02 from last year’s $-0.07 per share. After $-0.13 actual earnings per share reported by Aerohive Networks, Inc. for the previous quarter, Wall Street now forecasts -30.77% EPS growth.

More notable recent Vericel Corporation (NASDAQ:VCEL) news were published by: Globenewswire.com which released: “Vericel Corporation Announces Proposed Public Offering of Common Stock” on May 30, 2018, also Streetinsider.com with their article: “Vericel (VCEL) Prices 5M Share Common Offering at $13/Sh” published on June 01, 2018, Globenewswire.com published: “Vericel to Present at the Jefferies 2018 Global Healthcare Conference” on May 25, 2018. More interesting news about Vericel Corporation (NASDAQ:VCEL) were released by: Seekingalpha.com and their article: “Vericel Q1 Results: Full Speed Ahead” published on May 27, 2018 as well as Streetinsider.com‘s news article titled: “After-Hours Stock Movers 05/30: (TLYS) (KEYS) (VSI) Higher; (CRSP) (VCEL) (BOX) Lower (more…)” with publication date: May 30, 2018.

Among 5 analysts covering Vericel (NASDAQ:VCEL), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Vericel had 15 analyst reports since March 11, 2016 according to SRatingsIntel. The stock of Vericel Corporation (NASDAQ:VCEL) earned “Neutral” rating by Bank of America on Tuesday, April 5. The stock of Vericel Corporation (NASDAQ:VCEL) has “Buy” rating given on Monday, March 5 by BTIG Research. The stock of Vericel Corporation (NASDAQ:VCEL) has “Buy” rating given on Wednesday, April 4 by Leerink Swann. The firm has “Buy” rating given on Wednesday, August 9 by BTIG Research. The firm has “Overweight” rating by Piper Jaffray given on Thursday, December 22. The stock has “Buy” rating by BTIG Research on Thursday, April 12. The stock of Vericel Corporation (NASDAQ:VCEL) has “Buy” rating given on Wednesday, November 9 by Needham. Piper Jaffray maintained the shares of VCEL in report on Wednesday, August 9 with “Buy” rating. The stock of Vericel Corporation (NASDAQ:VCEL) has “Buy” rating given on Friday, March 11 by Needham. The stock has “Buy” rating by BTIG Research on Tuesday, November 7.

Aerohive Networks, Inc. (NYSE:HIVE) Institutional Positions Chart

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