Eminence Capital LP Increased By $48.29 Million Its Cyberark Software LTD (CYBR) Position; Melco Resorts & Entertainment Light (MLCO) Sellers Decreased By 18.29% Their Shorts

November 15, 2017 - By Hazel Jackson

Eminence Capital Lp increased Cyberark Software Ltd (CYBR) stake by 237.22% reported in 2017Q2 SEC filing. Eminence Capital Lp acquired 985,537 shares as Cyberark Software Ltd (CYBR)’s stock declined 11.21%. The Eminence Capital Lp holds 1.40M shares with $69.98M value, up from 415,460 last quarter. Cyberark Software Ltd now has $1.54 billion valuation. It closed at $44.4 lastly. It is down 9.69% since November 15, 2016 and is uptrending. It has underperformed by 7.01% the S&P500.

Melco Resorts & Entertainment Light (NASDAQ:MLCO) had a decrease of 18.29% in short interest. MLCO’s SI was 3.24 million shares in November as released by FINRA. Its down 18.29% from 3.96M shares previously. With 2.72 million avg volume, 1 days are for Melco Resorts & Entertainment Light (NASDAQ:MLCO)’s short sellers to cover MLCO’s short positions. The SI to Melco Resorts & Entertainment Light’s float is 1.4%. It closed at $24.64 lastly. It is down 60.20% since November 15, 2016 and is uptrending. It has outperformed by 43.50% the S&P500.

Melco Resorts & Entertainment Limited, formerly Melco Crown Entertainment Limited, is a holding company. The company has market cap of $12.14 billion. The Company, through its subsidiaries, develops, owns and operates casino gaming and entertainment casino resort facilities in Asia. It has a 39.26 P/E ratio. It is principally engaged in the gaming and hospitality business in Asia and its principal operating and developmental activities occur in over two geographic areas, which include Macau and the Philippines.

Among 26 analysts covering Cyber-Ark Software (NASDAQ:CYBR), 16 have Buy rating, 0 Sell and 10 Hold. Therefore 62% are positive. Cyber-Ark Software had 67 analyst reports since July 21, 2015 according to SRatingsIntel. Needham maintained it with “Buy” rating and $55.0 target in Tuesday, September 12 report. The firm earned “Buy” rating on Monday, March 14 by Summit Research. The stock of Cyberark Software Ltd (NASDAQ:CYBR) has “Hold” rating given on Thursday, September 7 by KeyBanc Capital Markets. The rating was initiated by DA Davidson on Friday, October 16 with “Neutral”. The rating was maintained by Dougherty & Company on Wednesday, August 12 with “Buy”. On Wednesday, January 6 the stock rating was maintained by Barclays Capital with “Equal-Weight”. The firm earned “Buy” rating on Monday, September 21 by Deutsche Bank. As per Thursday, November 9, the company rating was maintained by KeyBanc Capital Markets. Zacks upgraded Cyberark Software Ltd (NASDAQ:CYBR) on Tuesday, August 18 to “Hold” rating. Nomura upgraded Cyberark Software Ltd (NASDAQ:CYBR) on Monday, March 28 to “Buy” rating.

Eminence Capital Lp decreased Coca Cola European Partners stake by 105,391 shares to 1.13 million valued at $45.76 million in 2017Q2. It also reduced Tripadvisor Inc (NASDAQ:TRIP) stake by 76,936 shares and now owns 2.62 million shares. Pandora Media Inc (NYSE:P) was reduced too.

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By1 Hazel Jackson




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