Energy Opportunities Capital Management Boosted By $307,597 Its First Solar Com (FSLR) Holding; Approach Resources (AREX) Sentiment Is 1.54

May 17, 2018 - By Steve Bissell

First Solar, Inc. (NASDAQ:FSLR) Logo

Energy Opportunities Capital Management Llc increased First Solar Inc Com (FSLR) stake by 16.85% reported in 2017Q4 SEC filing. Energy Opportunities Capital Management Llc acquired 4,591 shares as First Solar Inc Com (FSLR)’s stock rose 3.86%. The Energy Opportunities Capital Management Llc holds 31,833 shares with $2.15 million value, up from 27,242 last quarter. First Solar Inc Com now has $7.46B valuation. The stock decreased 2.10% or $1.53 during the last trading session, reaching $71.24. About 1.04M shares traded. First Solar, Inc. (NASDAQ:FSLR) has risen 153.31% since May 17, 2017 and is uptrending. It has outperformed by 141.76% the S&P500.

Approach Resources Inc (AREX) investors sentiment increased to 1.54 in 2017 Q4. It’s up 0.37, from 1.17 in 2017Q3. The ratio improved, as 40 funds increased or started new positions, while 26 reduced and sold their equity positions in Approach Resources Inc. The funds in our database now hold: 19.88 million shares, down from 20.88 million shares in 2017Q3. Also, the number of funds holding Approach Resources Inc in top ten positions was flat from 1 to 1 for the same number . Sold All: 8 Reduced: 18 Increased: 26 New Position: 14.

Ratings analysis reveals 50% of Approach Resources’s analysts are positive. Out of 2 Wall Street analysts rating Approach Resources, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. AREX was included in 2 notes of analysts from October 26, 2016. The company was upgraded on Wednesday, October 26 by Wunderlich. SunTrust upgraded Approach Resources, Inc. (NASDAQ:AREX) on Wednesday, October 26 to “Hold” rating.

Analysts await Approach Resources, Inc. (NASDAQ:AREX) to report earnings on August, 1. They expect $-0.07 EPS, up 36.36% or $0.04 from last year’s $-0.11 per share. After $-0.07 actual EPS reported by Approach Resources, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

More recent Approach Resources, Inc. (NASDAQ:AREX) news were published by: Seekingalpha.com which released: “Approach Resources: Debt Action” on April 20, 2018. Also Seekingalpha.com published the news titled: “US Shale: NAV Analysis Of Williston Basin (Bakken) E&Ps” on May 04, 2018. Seekingalpha.com‘s news article titled: “Approach Resources’ (AREX) CEO Ross Craft on Q1 2018 Results – Earnings Call Transcript” with publication date: May 06, 2018 was also an interesting one.

Since January 1, 0001, it had 5 insider buys, and 0 sales for $6.53 million activity.

Approach Resources, Inc., an independent energy company, focuses on the acquisition, exploration, development, and production of unconventional gas and oil reserves in the United States. The company has market cap of $249.31 million. The companyÂ’s properties are primarily located in the Permian Basin in west Texas. It currently has negative earnings. It also owns interests in east Texas Basin.

The stock increased 0.74% or $0.02 during the last trading session, reaching $2.73. About 778,297 shares traded or 35.17% up from the average. Approach Resources, Inc. (AREX) has risen 10.57% since May 17, 2017 and is uptrending. It has underperformed by 0.98% the S&P500.

New Generation Advisors Llc holds 3.73% of its portfolio in Approach Resources, Inc. for 2.05 million shares. Lubar & Co. Inc owns 1.00 million shares or 3.54% of their US portfolio. Moreover, Columbia Pacific Advisors Llc has 0.54% invested in the company for 123,193 shares. The New York-based Centerbridge Partners L.P. has invested 0.1% in the stock. Bridgeway Capital Management Inc, a Texas-based fund reported 785,500 shares.

Among 31 analysts covering First Solar Inc. (NASDAQ:FSLR), 15 have Buy rating, 3 Sell and 13 Hold. Therefore 48% are positive. First Solar Inc. had 89 analyst reports since August 5, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Wednesday, November 23 by Macquarie Research. Roth Capital maintained the stock with “Buy” rating in Sunday, April 22 report. The firm earned “Hold” rating on Thursday, December 10 by Needham. The rating was initiated by Wells Fargo on Thursday, June 2 with “Market Perform”. As per Friday, October 27, the company rating was upgraded by Needham. The firm has “Hold” rating given on Wednesday, July 19 by Standpoint Research. The rating was maintained by Robert W. Baird on Thursday, April 19 with “Buy”. The rating was downgraded by Oppenheimer to “Perform” on Thursday, November 3. As per Tuesday, July 18, the company rating was maintained by Oppenheimer. The firm earned “Neutral” rating on Thursday, May 18 by Robert W. Baird.

Since December 18, 2017, it had 1 insider purchase, and 14 insider sales for $6.46 million activity. $790,580 worth of stock was sold by Garabedian Raffi on Monday, December 18. KALETA PAUL J also sold $448,010 worth of First Solar, Inc. (NASDAQ:FSLR) on Friday, March 9. On Wednesday, April 18 the insider Schumaker Bryan Robert sold $124,200. 15,304 shares were sold by DeJong Philip, worth $1.04M. $234,489 worth of First Solar, Inc. (NASDAQ:FSLR) shares were sold by ANTOUN GEORGES. The insider Bradley Alexander R. sold $294,619. The insider Bueter Christopher sold $882,310.

Investors sentiment increased to 1.29 in 2017 Q4. Its up 0.13, from 1.16 in 2017Q3. It improved, as 37 investors sold FSLR shares while 98 reduced holdings. 81 funds opened positions while 93 raised stakes. 52.38 million shares or 2.41% more from 51.15 million shares in 2017Q3 were reported. Oakbrook Limited Liability Com has 6,000 shares. Brandywine Glob Investment Mngmt Ltd owns 147 shares. Jnba Fincl Advisors, a Minnesota-based fund reported 500 shares. Old Mutual Customised Solutions (Proprietary) Ltd reported 0.02% stake. Pub Employees Retirement Association Of Colorado accumulated 15,127 shares. Swiss Fincl Bank has invested 0.01% in First Solar, Inc. (NASDAQ:FSLR). Sg Americas Limited Com holds 19,648 shares or 0.01% of its portfolio. Alliancebernstein LP invested in 0.01% or 121,874 shares. Tiaa Cref Inv Mngmt Limited Liability Company has invested 0.02% in First Solar, Inc. (NASDAQ:FSLR). 20,235 are owned by Hanson & Doremus Invest Mgmt. Northwestern Mutual Wealth owns 669 shares. Ontario Teachers Pension Plan Board holds 0% of its portfolio in First Solar, Inc. (NASDAQ:FSLR) for 5,033 shares. Creative Planning owns 0% invested in First Solar, Inc. (NASDAQ:FSLR) for 16,219 shares. Ahl Ptnrs Limited Liability Partnership holds 27,988 shares or 0.03% of its portfolio. Next Fin Gp holds 3,450 shares.

More notable recent First Solar, Inc. (NASDAQ:FSLR) news were published by: Seekingalpha.com which released: “First Solar’s (FSLR) CEO Mark Widmar Hosts 2018 Annual Meeting of Stockholders (Transcript)” on May 16, 2018, also Benzinga.com with their article: “First Solar A Buy On Series 6 Potential, JPMorgan Says In Upgrade” published on May 10, 2018, Seekingalpha.com published: “First Solar: The Future Looks Bright” on May 02, 2018. More interesting news about First Solar, Inc. (NASDAQ:FSLR) were released by: Globenewswire.com and their article: “First Solar, Inc. Announces First Quarter 2018 Financial Results” published on April 26, 2018 as well as Profitconfidential.com‘s news article titled: “First Solar Stock Set to Break Higher” with publication date: May 11, 2018.

Energy Opportunities Capital Management Llc decreased Technipfmc Plc Com stake by 22,043 shares to 169,081 valued at $5.29M in 2017Q4. It also reduced Phillips 66 Com (NYSE:PSX) stake by 3,275 shares and now owns 18,870 shares. Patterson Uti Energy Com (NASDAQ:PTEN) was reduced too.

First Solar, Inc. (NASDAQ:FSLR) Institutional Positions Chart

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