Bluemountain Capital Management Stake in Juniper Networks (JNPR) Cut by $4.05 Million as Valuation Rose; Bw Gestao De Investimentos Ltda Has Boosted Position in Salesforce.Com (CRM) by $2.09 Million as Share Value Rose

June 20, 2018 - By David Stenberg

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Bw Gestao De Investimentos Ltda increased its stake in Salesforce.Com Inc (CRM) by 150% based on its latest 2018Q1 regulatory filing with the SEC. Bw Gestao De Investimentos Ltda bought 18,000 shares as the company’s stock rose 9.70% while stock markets declined. The institutional investor held 30,000 shares of the prepackaged software company at the end of 2018Q1, valued at $3.49 million, up from 12,000 at the end of the previous reported quarter. Bw Gestao De Investimentos Ltda who had been investing in Salesforce.Com Inc for a number of months, seems to be bullish on the $103.72 billion market cap company. The stock increased 0.07% or $0.1 during the last trading session, reaching $139.62. About 2.57M shares traded. salesforce.com, inc. (NYSE:CRM) has risen 40.20% since June 20, 2017 and is uptrending. It has outperformed by 27.63% the S&P500. Some Historical CRM News: 12/03/2018 – The company also announces a $100 million private placement by Salesforce Ventures; 23/03/2018 – WeissLaw LLP Investigates MuleSoft, Inc. Acquisition; 30/05/2018 – Dick’s Sporting Goods, Target and Salesforce are making headlines this morning; 20/03/2018 – REFILE-EXCLUSIVE-Salesforce in advanced talks to buy MuleSoft; 21/03/2018 – The Morning Download: Salesforce Bets $6.5 Billion on the API Economy; 17/04/2018 – Clutch Among 18 Startups Participating in Salesforce Accelerate Program; 30/05/2018 – Salesforce.com: The Force Is With Them — Barron’s Blog; 24/04/2018 – SALESFORCE TO INVEST $2.2B IN FRENCH OVER FIVE YEARS; 09/03/2018 – Salesforce Ventures Agreed to Invest in Company in Private Placement; 12/04/2018 – Salesforce Co-Founder and CTO to Participate in Upcoming Investor Meeting

Andrew Feldstein decreased its stake in Juniper Networks Inc (JNPR) by 28.57% based on its latest 2018Q1 regulatory filing with the SEC. Bluemountain Capital Management Llc sold 168,666 shares as the company’s stock rose 3.97% while stock markets declined. The hedge fund run by Andrew Feldstein held 421,722 shares of the technology company at the end of 2018Q1, valued at $10.26 million, down from 590,388 at the end of the previous reported quarter. Bluemountain Capital Management Llc who had been investing in Juniper Networks Inc for a number of months, seems to be less bullish one the $9.43B market cap company. The stock increased 0.71% or $0.19 during the last trading session, reaching $27.01. About 2.28M shares traded. Juniper Networks, Inc. (NYSE:JNPR) has declined 7.51% since June 20, 2017 and is downtrending. It has underperformed by 20.08% the S&P500. Some Historical JNPR News: 01/05/2018 – Juniper Research: Loot Boxes & In-Game Spend Drive Digital Games Market: Surpassing $160 billion by 2022; 18/04/2018 – Juniper Closes Below 50-Day Moving Average: Technicals; 25/04/2018 – DARE IN EXCLUSIVE WORLDWIDE LICENSE PACT FOR JUNIPER’S IVR TECH; 01/05/2018 – Juniper Networks 1Q Rev $1.08B; 01/05/2018 – Juniper Networks Sees 3Q Rev $1.175B; 02/05/2018 – Juniper Networks topped estimates for first-quarter profit and the network gear maker forecast current-quarter revenue above expectations; 07/03/2018 – Juniper Networks Named a Leader in Hardware Platforms for Software-Defined Networking Report; 27/03/2018 – Juniper Research: Connected Clothing to Become $1 Billion Industry in 2020 – Fastest-Growing Wearables Sector; 29/03/2018 – Integration Partners Awarded 2018 Juniper Networks Partner of the Year; 03/04/2018 – Juniper Networks Simplifies Threat Response with Enhancements to its Unified Cybersecurity Platform

Investors sentiment increased to 1.44 in Q1 2018. Its up 0.25, from 1.19 in 2017Q4. It increased, as 48 investors sold CRM shares while 254 reduced holdings. 132 funds opened positions while 304 raised stakes. 608.53 million shares or 0.05% more from 608.21 million shares in 2017Q4 were reported. Altimeter Capital Management Limited Partnership holds 0.84% of its portfolio in salesforce.com, inc. (NYSE:CRM) for 145,000 shares. Patten Inc reported 0% stake. Oak Assoc Limited Oh invested 0.43% of its portfolio in salesforce.com, inc. (NYSE:CRM). Eulav Asset Management stated it has 1.34% in salesforce.com, inc. (NYSE:CRM). Venator Capital Mngmt Limited, a Ontario – Canada-based fund reported 23,939 shares. Tarbox Family Office invested in 0.01% or 268 shares. California-based Wells Fargo And Communication Mn has invested 0.19% in salesforce.com, inc. (NYSE:CRM). Tru Of Toledo Na Oh invested in 8,317 shares or 0.26% of the stock. Shikiar Asset Management Inc stated it has 3.01% of its portfolio in salesforce.com, inc. (NYSE:CRM). Alpha Cubed Investments Limited Liability Company accumulated 2,307 shares. Hitchwood Cap Management Lp holds 2.81% in salesforce.com, inc. (NYSE:CRM) or 497,517 shares. Friess Assocs Ltd Liability has invested 1.79% in salesforce.com, inc. (NYSE:CRM). Employees Retirement System Of Texas holds 192,300 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh reported 42,282 shares or 0.19% of all its holdings. Earnest Prtnrs Llc, Georgia-based fund reported 304 shares.

Bw Gestao De Investimentos Ltda, which manages about $778.73 million US Long portfolio, decreased its stake in Lockheed Martin Corp (NYSE:LMT) by 969 shares to 7,131 shares, valued at $2.41 million in 2018Q1, according to the filing. It also reduced its holding in Ishares Convertible Bond Etf by 2.00 million shares in the quarter, leaving it with 3.00 million shares, and cut its stake in Adobe Systems Inc (NASDAQ:ADBE).

Among 57 analysts covering Salesforce.com (NYSE:CRM), 51 have Buy rating, 0 Sell and 6 Hold. Therefore 89% are positive. Salesforce.com had 249 analyst reports since August 21, 2015 according to SRatingsIntel. The stock of salesforce.com, inc. (NYSE:CRM) earned “Outperform” rating by Oppenheimer on Thursday, November 19. The stock of salesforce.com, inc. (NYSE:CRM) earned “Hold” rating by Bernstein on Thursday, May 3. Stifel Nicolaus maintained the shares of CRM in report on Wednesday, August 23 with “Buy” rating. The company was maintained on Thursday, May 19 by JMP Securities. As per Wednesday, March 21, the company rating was maintained by Stifel Nicolaus. The rating was maintained by RBC Capital Markets with “Buy” on Sunday, July 30. The company was downgraded on Wednesday, November 22 by Roth Capital. The rating was maintained by RBC Capital Markets on Wednesday, November 8 with “Buy”. The firm has “Outperform” rating given on Thursday, May 19 by Macquarie Research. The stock of salesforce.com, inc. (NYSE:CRM) earned “Outperform” rating by Robert W. Baird on Wednesday, May 30.

More notable recent salesforce.com, inc. (NYSE:CRM) news were published by: Seekingalpha.com which released: “Ignore Salesforce’s Valuation” on May 24, 2018, also Seekingalpha.com with their article: “Salesforce: There’s No Stopping This Cloud Giant” published on May 30, 2018, Investorplace.com published: “Glassdoor Top CEOs 2018: 10 That Employees Love Most” on June 20, 2018. More interesting news about salesforce.com, inc. (NYSE:CRM) were released by: Bizjournals.com and their article: “Salesforce unveils new offices in San Francisco’s tallest building, Salesforce Tower” published on May 22, 2018 as well as Seekingalpha.com‘s news article titled: “Salesforce: Just A Wealth Of Superlatives” with publication date: June 01, 2018.

Since January 3, 2018, it had 5 buys, and 219 sales for $166.24 million activity. $598,261 worth of salesforce.com, inc. (NYSE:CRM) shares were sold by Benioff Marc. Another trade for 1,877 shares valued at $202,153 was sold by Harris Parker. $32,908 worth of salesforce.com, inc. (NYSE:CRM) shares were sold by Robbins Cynthia G.. Weaver Amy E had sold 1,400 shares worth $169,260. Dayon Alexandre sold $115,177 worth of stock or 1,015 shares. Another trade for 10,000 shares valued at $1.17M was made by BLOCK KEITH on Tuesday, April 3.

Bluemountain Capital Management Llc, which manages about $27.77 billion and $4.37B US Long portfolio, upped its stake in Boston Scientific Corp (NYSE:BSX) by 105,271 shares to 215,501 shares, valued at $5.89M in 2018Q1, according to the filing. It also increased its holding in Gentex Corp (NASDAQ:GNTX) by 14,940 shares in the quarter, for a total of 461,419 shares, and has risen its stake in Advanced Energy Inds (NASDAQ:AEIS).

Since February 14, 2018, it had 0 buys, and 8 sales for $2.04 million activity. On Saturday, February 17 SPIDELL TERRANCE F sold $222,587 worth of Juniper Networks, Inc. (NYSE:JNPR) or 8,409 shares. Another trade for 21,116 shares valued at $570,132 was sold by Molinaro Vincent. $261,700 worth of Juniper Networks, Inc. (NYSE:JNPR) shares were sold by STENSRUD WILLIAM.

Analysts await Juniper Networks, Inc. (NYSE:JNPR) to report earnings on July, 24. They expect $0.28 earnings per share, down 42.86% or $0.21 from last year’s $0.49 per share. JNPR’s profit will be $97.77M for 24.12 P/E if the $0.28 EPS becomes a reality. After $0.10 actual earnings per share reported by Juniper Networks, Inc. for the previous quarter, Wall Street now forecasts 180.00% EPS growth.

Juniper Networks, Inc. (NYSE:JNPR) Institutional Positions Chart

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By1 David Stenberg

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