Jumei International Holding Limited (JMEI) Reaches $2.78 After 9.00% Up Move; Aravt Global Has Increased By $12.64 Million Its Facebook (FB) Stake

June 14, 2018 - By wolcottdaily

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Aravt Global Llc increased Facebook Inc (FB) stake by 12.9% reported in 2018Q1 SEC filing. Aravt Global Llc acquired 79,500 shares as Facebook Inc (FB)’s stock declined 0.01%. The Aravt Global Llc holds 696,000 shares with $111.21M value, up from 616,500 last quarter. Facebook Inc now has $567.74B valuation. The stock increased 1.94% or $3.73 during the last trading session, reaching $196.14. About 8.45 million shares traded. Facebook, Inc. (NASDAQ:FB) has risen 21.69% since June 14, 2017 and is uptrending. It has outperformed by 9.12% the S&P500. Some Historical FB News: ; 24/05/2018 – It demonstrates the fact that Facebook does not understand or respect the practice of journalism; 04/04/2018 – Zuckerberg to Testify to Congress on Facebook’s Handling of Data Next Week; 26/03/2018 – Advertisers look to online ads for brand growth – Zenith; 06/03/2018 – FACEBOOK: INTENDS TO FIGHT AGAINST SUIT; 20/03/2018 – The report follows a weekend of turmoil for Facebook after research firm Cambridge Analytica was alleged to have improperly gained access to the data of more than 50 million Facebook users; 20/03/2018 – FTC Said to Be Investigating Facebook (Video); 10/04/2018 – Philippines’ leader did not buy data to win election – spokesman; 23/03/2018 – The outrage over Facebook data leak is sending regulators ‘a dangerous message’; 26/04/2018 – Sheryl Sandberg delivered a brilliant, defiant defense of Facebook’s business; 04/04/2018 – Facebook at Conference Call Hosted By Capital Alpha Today

The stock of Jumei International Holding Limited (NYSE:JMEI) is a huge mover today! The stock increased 0.36% or $0.01 during the last trading session, reaching $2.78. About 912,741 shares traded. Jumei International Holding Limited (NYSE:JMEI) has declined 20.72% since June 14, 2017 and is downtrending. It has underperformed by 33.29% the S&P500. Some Historical JMEI News: ; 28/05/2018 – JUMEI SALE OF A PORTION OF EQUITY INTEREST IN BABYTREE; 28/05/2018 – Jumei International to Hold Approximately 3.33% of BabyTree Group Share Capital Following Sal; 30/04/2018 – Jumei Announces Share Repurchase Plan; 28/05/2018 – JUMEI INTERNATIONAL HOLDING LTD – IMMEDIATELY AFTER SALE, JUMEI WILL HOLD ABOUT 3.33% OF TOTAL ISSUED AND OUTSTANDING SHARE CAPITAL OF BABYTREE GROUP; 28/05/2018 – JUMEI TO SELL 4% OF BABYTREE SHRS FOR $86.5M; 28/05/2018 – Jumei International to Sell BabyTree Group Eqity Interest for $86.5M; 30/04/2018 – JUMEI MAY BUYBACK UP TO US$100M OF SHRS; 13/04/2018 – JUMEI INTERNATIONAL HOLDING SAYS LEO OU CHEN, FOUNDER, CHAIRMAN AND CEO OF JUMEI, WILL ACT AS CFO IN THE INTERIM; 28/05/2018 – JUMEI INTERNATIONAL HOLDING LTD SAYS DEAL FOR AGGREGATE CONSIDERATION OF APPROXIMATELY US$86.5 MLN; 30/04/2018 – Jumei Files 2017 Annual Report on Form 20-FThe move comes after 5 months positive chart setup for the $417.20M company. It was reported on Jun, 14 by Barchart.com. We have $3.03 PT which if reached, will make NYSE:JMEI worth $37.55 million more.

Jumei International Holding Limited operates as an online retailer of beauty products in the PeopleÂ’s Republic of China. The company has market cap of $417.20 million. The firm offers beauty products, such as cosmetics, skin care, cosmetic applicators, fragrance, and body care products; and beauty products for men, and baby and children. It has a 25.5 P/E ratio. It also provides apparel and other lifestyle products, including womenÂ’s wear, footwear, lingerie, handbags and luggage, menÂ’s wear, sportswear and sporting goods, accessories, home goods, and other lifestyle products, as well as baby, children, and maternity products; and snacks and health supplements.

Another recent and important Jumei International Holding Limited (NYSE:JMEI) news was published by Globenewswire.com which published an article titled: “Jumei Announces Disposal of a Portion of its Equity Interest in BabyTree” on May 28, 2018.

Among 8 analysts covering Jumei International (NYSE:JMEI), 3 have Buy rating, 3 Sell and 2 Hold. Therefore 38% are positive. Jumei International had 9 analyst reports since August 25, 2015 according to SRatingsIntel. The rating was upgraded by Credit Suisse on Tuesday, August 25 to “Neutral”. The firm has “Underperform” rating by Credit Agricole given on Monday, November 23. As per Wednesday, April 6, the company rating was downgraded by Morgan Stanley. The rating was downgraded by Goldman Sachs to “Neutral” on Monday, November 2. The rating was upgraded by ValuEngine on Friday, May 26 to “Buy”. The stock has “Underperform” rating by CLSA on Monday, November 23.

Since December 19, 2017, it had 0 insider purchases, and 65 insider sales for $2.97 billion activity. Sandberg Sheryl had sold 55,000 shares worth $10.30 million on Wednesday, May 30. $121.36 million worth of Facebook, Inc. (NASDAQ:FB) shares were sold by Zuckerberg Mark. Schroepfer Michael Todd also sold $6.94M worth of Facebook, Inc. (NASDAQ:FB) on Tuesday, March 13. Wehner David M. sold $880,309 worth of stock or 4,761 shares. FISCHER DAVID B. had sold 17,830 shares worth $3.29M. Another trade for 1.26 million shares valued at $231.84 million was sold by Koum Jan. Another trade for 750 shares valued at $136,875 was made by Stretch Colin on Wednesday, May 23.

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Nasdaq.com which released: “Facebook Inc (FB) Adds User Reviews for Ads to Identify Bad Businesses” on June 13, 2018, also Livetradingnews.com with their article: “Facebook, Inc. (NASDAQ:FB) COB and CEO Mark Zuckerberg Sold $130.1 million of Shares” published on June 14, 2018, Nasdaq.com published: “Run With the Bulls in Facebook, Inc. Stock” on June 13, 2018. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Nasdaq.com and their article: “Microsoft Corporation and Cloud Kings Become Chip Giants” published on June 13, 2018 as well as Seekingalpha.com‘s news article titled: “Best Tech Stock: Facebook Vs. Microsoft” with publication date: June 12, 2018.

Investors sentiment decreased to 0.87 in 2018 Q1. Its down 0.34, from 1.21 in 2017Q4. It dived, as 145 investors sold FB shares while 712 reduced holdings. 173 funds opened positions while 573 raised stakes. 1.65 billion shares or 2.41% more from 1.61 billion shares in 2017Q4 were reported. Greenbrier Prtnrs Capital Management Lc has invested 17.55% of its portfolio in Facebook, Inc. (NASDAQ:FB). 430,000 were reported by Hudson Bay Mngmt Ltd Partnership. Moreover, Evanson Asset Mngmt Llc has 17.11% invested in Facebook, Inc. (NASDAQ:FB). Clough Prtnrs Lp reported 70,915 shares. 55,352 were reported by Zeke Capital Ltd. Beese Fulmer Inv Mgmt accumulated 1.66% or 47,388 shares. Johnson Inv Counsel, a Ohio-based fund reported 73,889 shares. Sta Wealth Mgmt Llc reported 2,244 shares. Alphaone Investment Serv Limited Liability has 1.79% invested in Facebook, Inc. (NASDAQ:FB). Suntrust Banks reported 0.27% of its portfolio in Facebook, Inc. (NASDAQ:FB). Welch Forbes Ltd Limited Liability Company owns 232,895 shares. First Commonwealth Fin Corporation Pa invested in 1.1% or 6,537 shares. 1.14 million are held by Vontobel Asset Mngmt. Front Barnett Limited Com accumulated 2,323 shares. Somerset Group Ltd Liability Com holds 0.62% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 4,325 shares.

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