Vanguard Group Has Cut Sigma Designs (SIGM) Holding; Resonant (RESN) Shorts Raised By 1.13%

October 13, 2017 - By Clifton Ray

Resonant Incorporated (NASDAQ:RESN) had an increase of 1.13% in short interest. RESN’s SI was 661,700 shares in October as released by FINRA. Its up 1.13% from 654,300 shares previously. With 31,200 avg volume, 21 days are for Resonant Incorporated (NASDAQ:RESN)’s short sellers to cover RESN’s short positions. The SI to Resonant Incorporated’s float is 8.04%. The stock decreased 0.22% or $0.01 on October 12, reaching $4.45. About shares traded. Resonant Inc (NASDAQ:RESN) has risen 10.81% since October 13, 2016 and is uptrending. It has underperformed by 5.89% the S&P500.

Vanguard Group Inc decreased Sigma Designs Inc (SIGM) stake by 16.19% reported in 2017Q2 SEC filing. Vanguard Group Inc sold 334,896 shares as Sigma Designs Inc (SIGM)’s stock declined 5.38%. The Vanguard Group Inc holds 1.73M shares with $10.14 million value, down from 2.07 million last quarter. Sigma Designs Inc now has $246.50M valuation. The stock decreased 2.29% or $0.15 during the last trading session, reaching $6.4. About shares traded. Sigma Designs Inc (NASDAQ:SIGM) has declined 5.38% since October 13, 2016 and is downtrending. It has underperformed by 22.08% the S&P500.

Since June 7, 2017, it had 1 insider purchase, and 0 insider sales for $2.32 million activity. Another trade for 400,000 shares valued at $2.32M was bought by SOROS FUND MANAGEMENT LLC.

Vanguard Group Inc increased Andersons Inc (NASDAQ:ANDE) stake by 56,248 shares to 2.70 million valued at $92.29M in 2017Q2. It also upped Unitil Corp (NYSE:UTL) stake by 7,281 shares and now owns 784,082 shares. Covanta Hldg Corp (NYSE:CVA) was raised too.

Among 7 analysts covering Sigma Designs (NASDAQ:SIGM), 5 have Buy rating, 1 Sell and 1 Hold. Therefore 71% are positive. Sigma Designs had 12 analyst reports since September 10, 2015 according to SRatingsIntel. Robert W. Baird initiated it with “Outperform” rating and $14 target in Friday, October 9 report. The rating was downgraded by Lake Street to “Hold” on Wednesday, December 7. On Wednesday, December 7 the stock rating was maintained by Benchmark with “Buy”. The stock of Sigma Designs Inc (NASDAQ:SIGM) has “Hold” rating given on Wednesday, June 7 by Needham. The stock of Sigma Designs Inc (NASDAQ:SIGM) earned “Buy” rating by Lake Street on Thursday, March 30. The firm has “Buy” rating by Robert W. Baird given on Wednesday, June 7. The rating was downgraded by BWS Financial to “Hold” on Friday, November 13. Lake Street initiated the shares of SIGM in report on Monday, November 2 with “Buy” rating. The firm earned “Hold” rating on Wednesday, December 7 by Needham. The firm has “Sell” rating by BWS Financial given on Thursday, September 8.

Investors sentiment increased to 1.76 in Q2 2017. Its up 0.38, from 1.38 in 2017Q1. It is positive, as 5 investors sold SIGM shares while 20 reduced holdings. 17 funds opened positions while 27 raised stakes. 22.87 million shares or 3.08% more from 22.18 million shares in 2017Q1 were reported. Royal Bancorporation Of Canada stated it has 638 shares. State Board Of Administration Of Florida Retirement Sys reported 0% in Sigma Designs Inc (NASDAQ:SIGM). Salem Inv Counselors holds 0% or 50 shares in its portfolio. 407,505 were reported by Jacobs Levy Equity Mngmt. Axa invested 0% of its portfolio in Sigma Designs Inc (NASDAQ:SIGM). Bancorporation Of America Corp De has invested 0% in Sigma Designs Inc (NASDAQ:SIGM). Soros Fund Ltd Liability Com holds 0.48% of its portfolio in Sigma Designs Inc (NASDAQ:SIGM) for 4.61 million shares. Ameriprise Financial reported 17,498 shares. Moreover, Manufacturers Life Ins The has 0% invested in Sigma Designs Inc (NASDAQ:SIGM) for 35,550 shares. Fisher Asset Management Limited Co reported 264,744 shares. 42,889 were accumulated by Deutsche State Bank Ag. Millennium Mngmt Limited Liability Corp has invested 0% of its portfolio in Sigma Designs Inc (NASDAQ:SIGM). State Street invested in 607,081 shares or 0% of the stock. Ameritas Prns reported 2,732 shares. Tower Research Ltd Llc (Trc), a New York-based fund reported 6,739 shares.

Analysts await Sigma Designs Inc (NASDAQ:SIGM) to report earnings on December, 5. They expect $-0.03 EPS, down 160.00% or $0.08 from last year’s $0.05 per share. After $-0.26 actual EPS reported by Sigma Designs Inc for the previous quarter, Wall Street now forecasts -88.46% EPS growth.

Among 2 analysts covering Resonant (NASDAQ:RESN), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Resonant had 6 analyst reports since October 20, 2015 according to SRatingsIntel. H.C. Wainwright maintained it with “Buy” rating and $800 target in Friday, June 23 report. The rating was maintained by H.C. Wainwright on Monday, June 12 with “Buy”. As per Friday, June 23, the company rating was maintained by Drexel Hamilton. The stock of Resonant Inc (NASDAQ:RESN) earned “Buy” rating by H.C. Wainwright on Thursday, August 10. Drexel Hamilton initiated the shares of RESN in report on Tuesday, October 20 with “Buy” rating. The stock of Resonant Inc (NASDAQ:RESN) has “Buy” rating given on Thursday, August 10 by Drexel Hamilton.

Resonant Inc. is a late-stage development company. The company has market cap of $65.41 million. The Firm creates filter creates for radio frequency front-ends for the mobile device industry. It currently has negative earnings. The RF front-end is the circuitry in a mobile device for analog signal processing and is located between the device’s antenna and its digital baseband.

Investors sentiment increased to 1.25 in Q2 2017. Its up 0.25, from 1 in 2017Q1. It improved, as 2 investors sold Resonant Inc shares while 2 reduced holdings. 3 funds opened positions while 2 raised stakes. 681,539 shares or 102.92% more from 335,869 shares in 2017Q1 were reported. Next Gp reported 1,500 shares. Highland Cap Management holds 0% or 10,439 shares in its portfolio. Concert Wealth Management Inc has 348,202 shares. Leisure Cap Mngmt reported 64,574 shares or 0.25% of all its holdings. 17,518 are owned by Geode Cap Mgmt Ltd Liability Corporation. Mount Lucas Management L P holds 0.02% or 20,000 shares. Deutsche State Bank Ag owns 45,500 shares. 1 are held by Royal Bancorporation Of Canada. Moreover, Blackrock has 0% invested in Resonant Inc (NASDAQ:RESN) for 30,661 shares. Vanguard Gp Inc accumulated 132,644 shares. Stifel Fincl Corp has 0% invested in Resonant Inc (NASDAQ:RESN) for 10,500 shares.

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