White Pine Capital Raised Neophotonics (NPTN) Position by $453,050; Market Valuation Declined; As Facebook (FB) Stock Rose, Dragoneer Investment Group Upped Holding by $816,000

February 15, 2018 - By Adrian Mccoy

Dragoneer Investment Group Llc increased its stake in Facebook Inc (FB) by 1.76% based on its latest 2017Q3 regulatory filing with the SEC. Dragoneer Investment Group Llc bought 4,800 shares as the company’s stock rose 10.88% with the market. The institutional investor held 276,890 shares of the technology company at the end of 2017Q3, valued at $47.31 million, up from 272,090 at the end of the previous reported quarter. Dragoneer Investment Group Llc who had been investing in Facebook Inc for a number of months, seems to be bullish on the $518.31B market cap company. The stock decreased 0.61% or $1.1 during the last trading session, reaching $178.42. About 11.34 million shares traded. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since February 15, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

White Pine Capital Llc increased its stake in Neophotonics Corp (NPTN) by 57.89% based on its latest 2017Q3 regulatory filing with the SEC. White Pine Capital Llc bought 90,610 shares as the company’s stock declined 30.87% while stock markets rallied. The institutional investor held 247,135 shares of the semiconductors company at the end of 2017Q3, valued at $1.37M, up from 156,525 at the end of the previous reported quarter. White Pine Capital Llc who had been investing in Neophotonics Corp for a number of months, seems to be bullish on the $257.69 million market cap company. The stock increased 0.41% or $0.0238 during the last trading session, reaching $5.8638. About 214,846 shares traded. NeoPhotonics Corporation (NYSE:NPTN) has declined 9.58% since February 15, 2017 and is downtrending. It has underperformed by 26.28% the S&P500.

Investors sentiment increased to 1.36 in Q3 2017. Its up 0.36, from 1 in 2017Q2. It improved, as 16 investors sold NPTN shares while 20 reduced holdings. 17 funds opened positions while 32 raised stakes. 29.02 million shares or 4.75% less from 30.47 million shares in 2017Q2 were reported. Quantitative Systematic Strategies Limited Liability Com accumulated 10,160 shares. California Pub Employees Retirement stated it has 0% in NeoPhotonics Corporation (NYSE:NPTN). Fisher Asset Limited Company invested in 0% or 343,595 shares. Needham Ltd Liability Corporation has invested 0.25% in NeoPhotonics Corporation (NYSE:NPTN). Rhumbline Advisers holds 38,654 shares or 0% of its portfolio. Bank & Trust Of Mellon holds 146,379 shares. Parametric Port Associates Lc holds 63,456 shares or 0% of its portfolio. Oz LP has 57,100 shares. Walleye Trading Llc, Minnesota-based fund reported 78,648 shares. Moab Capital Prtn Limited Com owns 201,221 shares. Ubs Asset Mngmt Americas invested in 10,800 shares. Balyasny Asset Ltd Liability holds 10,500 shares or 0% of its portfolio. Renaissance Limited Liability stated it has 39,400 shares or 0% of all its holdings. Guggenheim Capital Ltd Liability Corp owns 105,322 shares for 0% of their portfolio. Manufacturers Life Ins The reported 27,917 shares.

Among 11 analysts covering NeoPhotonics (NYSE:NPTN), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. NeoPhotonics had 29 analyst reports since August 7, 2015 according to SRatingsIntel. Raymond James maintained NeoPhotonics Corporation (NYSE:NPTN) on Thursday, August 24 with “Outperform” rating. The rating was maintained by Needham on Monday, June 12 with “Buy”. The firm earned “Overweight” rating on Tuesday, February 23 by Piper Jaffray. On Monday, August 10 the stock rating was upgraded by Raymond James to “Outperform”. The rating was maintained by Needham with “Strong Buy” on Tuesday, December 20. The rating was maintained by Needham on Monday, September 12 with “Strong Buy”. The stock of NeoPhotonics Corporation (NYSE:NPTN) earned “Buy” rating by Northland Capital on Friday, November 3. As per Thursday, October 5, the company rating was downgraded by Raymond James. As per Monday, January 29, the company rating was downgraded by PiperJaffray. Piper Jaffray maintained it with “Buy” rating and $8.5000 target in Friday, August 4 report.

White Pine Capital Llc, which manages about $341.56 million and $39.55 billion US Long portfolio, decreased its stake in Boingo Wireless Inc (NASDAQ:WIFI) by 34,570 shares to 114,345 shares, valued at $2.44M in 2017Q3, according to the filing. It also reduced its holding in Ishares S&P Us Pfd Stock Etf (PFF) by 1,115 shares in the quarter, leaving it with 63,212 shares, and cut its stake in Ishares Msci Emerging Mkts Index Etf (EEM).

Among 54 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 2 Hold. Therefore 93% are positive. Facebook had 236 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating by Pivotal Research given on Thursday, July 27. The company was maintained on Wednesday, January 31 by Aegis Capital. The firm has “Buy” rating given on Thursday, February 1 by Mizuho. As per Thursday, February 1, the company rating was maintained by BMO Capital Markets. The stock of Facebook, Inc. (NASDAQ:FB) has “Buy” rating given on Tuesday, October 3 by KeyBanc Capital Markets. The stock has “Buy” rating by Pivotal Research on Thursday, November 5. Wells Fargo maintained the shares of FB in report on Thursday, November 3 with “Outperform” rating. Robert W. Baird maintained it with “Buy” rating and $185.0 target in Monday, October 2 report. UBS maintained Facebook, Inc. (NASDAQ:FB) on Thursday, November 2 with “Buy” rating. SunTrust maintained it with “Buy” rating and $240.0 target in Friday, January 12 report.

Dragoneer Investment Group Llc, which manages about $450.59 million and $609.39 million US Long portfolio, decreased its stake in Snap Inc by 234,375 shares to 1.26 million shares, valued at $18.36 million in 2017Q3, according to the filing. It also reduced its holding in Square Inc by 779,334 shares in the quarter, leaving it with 863,561 shares, and cut its stake in Mulesoft Inc.

Investors sentiment decreased to 1.15 in Q3 2017. Its down 0.25, from 1.4 in 2017Q2. It fall, as 53 investors sold FB shares while 618 reduced holdings. 128 funds opened positions while 644 raised stakes. 1.63 billion shares or 0.88% more from 1.62 billion shares in 2017Q2 were reported. Brown Advisory Inc holds 2.59% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 4.57 million shares. Highstreet Asset reported 12,752 shares stake. Ngam Limited Partnership invested in 1.88% or 1.04 million shares. Mai Mgmt holds 0.11% or 10,183 shares in its portfolio. Hyman Charles D has 0.03% invested in Facebook, Inc. (NASDAQ:FB) for 1,488 shares. Paragon Capital Mngmt Ltd holds 15,791 shares or 1.04% of its portfolio. Moreover, Dekabank Deutsche Girozentrale has 1.28% invested in Facebook, Inc. (NASDAQ:FB) for 958,477 shares. Centre Asset Mngmt Limited Liability Corp owns 5.1% invested in Facebook, Inc. (NASDAQ:FB) for 115,080 shares. Community Bancshares Na reported 410 shares. Retirement System Of Alabama holds 1.41% or 1.58 million shares in its portfolio. Sand Hill Global Advsrs Ltd Liability accumulated 0.07% or 3,570 shares. Winslow Mngmt Limited Company holds 4.39M shares or 4.04% of its portfolio. Amer Money Mgmt Ltd Liability Com has invested 1.98% of its portfolio in Facebook, Inc. (NASDAQ:FB). The Connecticut-based Paw has invested 1.61% in Facebook, Inc. (NASDAQ:FB). 20,239 were reported by Roundview Ltd.

Since August 14, 2017, it had 0 buys, and 33 selling transactions for $395.73 million activity. Another trade for 254,525 shares valued at $42.50 million was sold by Zuckerberg Mark. Another trade for 640,754 shares valued at $109.70 million was made by Koum Jan on Wednesday, August 30. FISCHER DAVID B. had sold 16,298 shares worth $2.75 million on Thursday, August 24. 750 Facebook, Inc. (NASDAQ:FB) shares with value of $128,552 were sold by Stretch Colin. Cox Christopher K had sold 16,000 shares worth $2.80 million on Monday, October 23. Wehner David M. had sold 15,470 shares worth $2.59 million on Monday, August 21.

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