Manikay Partners Lifted Its Tesla (Put) (TSLA) Position by $26.60 Million; Proshare Advisors Lifted Its Transdigm Group (TDG) Position by $2.86 Million as Share Price Rose

June 18, 2018 - By Maria Brooks

Tesla, Inc. (NASDAQ:TSLA) Logo

Shane Finemore increased its stake in Tesla Inc (Put) (TSLA) by 40% based on its latest 2018Q1 regulatory filing with the SEC. Manikay Partners Llc bought 100,000 shares as the company’s stock declined 21.98% with the market. The hedge fund run by Shane Finemore held 350,000 shares of the capital goods company at the end of 2018Q1, valued at $93.15M, up from 250,000 at the end of the previous reported quarter. Manikay Partners Llc who had been investing in Tesla Inc (Put) for a number of months, seems to be bullish on the $60.82B market cap company. The stock increased 0.13% or $0.45 during the last trading session, reaching $358.17. About 10.32 million shares traded or 16.45% up from the average. Tesla, Inc. (NASDAQ:TSLA) has declined 11.99% since June 18, 2017 and is downtrending. It has underperformed by 24.56% the S&P500. Some Historical TSLA News: 29/03/2018 – Tesla Recalls Early Model S Cars to Retrofit Power-Steering Part; 25/05/2018 – Tesla flies in equipment to speed up battery production for Model 3, sources tell Reuters; 19/05/2018 – ISS RECOMMENDS VOTE VS TESLA’S ELECT DIRECTOR JAMES MURDOCH; 04/05/2018 – 05/03 The Cable – Brexit, Tesla & Adidas; 12/05/2018 – Matthew Schwall Had Been Tesla’s Main Contact With U.S. Safety Regulators; 26/03/2018 – TESLA INC TSLA.O : CFRA RAISES TO HOLD FROM SELL; 24/05/2018 – Union accuses Tesla CEO Musk of threatening workers; 04/05/2018 – Short-seller Mark Spiegel believes Tesla will suffer from new competition in the electric car market; 14/05/2018 – SOUTH JORDAN CITY POLICE DEPT. SAYS WITNESSES INDICATED THE TESLA MODEL S DID NOT BRAKE PRIOR TO IMPACT; 14/05/2018 – SOUTH JORDAN CITY POLICE DEPT. SAYS COLLISION OF TESLA MODEL S & MECHANIC TRUCK OCCURRED AT 10400 SOUTH BANGERTER HIGHWAY IN SOUTH JORDAN, UTAH

Proshare Advisors Llc increased its stake in Transdigm Group Inc (TDG) by 137.95% based on its latest 2018Q1 regulatory filing with the SEC. Proshare Advisors Llc bought 9,346 shares as the company’s stock rose 13.19% while stock markets declined. The institutional investor held 16,121 shares of the military and government and technical company at the end of 2018Q1, valued at $4.95M, up from 6,775 at the end of the previous reported quarter. Proshare Advisors Llc who had been investing in Transdigm Group Inc for a number of months, seems to be bullish on the $17.82 billion market cap company. The stock decreased 1.24% or $4.26 during the last trading session, reaching $339.91. About 766,186 shares traded or 102.16% up from the average. TransDigm Group Incorporated (NYSE:TDG) has risen 35.93% since June 18, 2017 and is uptrending. It has outperformed by 23.36% the S&P500. Some Historical TDG News: 30/04/2018 – TRANSDIGM NAMES W. NICHOLAS HOWLEY AS EXECUTIVE CHAIRMAN; 30/05/2018 – TransDigm CDS Widens 63 Bps, Most in 15 Months; 02/05/2018 – TransDigm Group Prices Offering of $500 Million of Senior Subordinated Notes; 08/05/2018 – TRANSDIGM GROUP COMPLETES $500M NOTES OFFERING; 15/05/2018 – TIGER GLOBAL MANAGEMENT DISSOLVES SHARE STAKE IN COMCAST CORP; 24/04/2018 – TRANSDIGM COMPLETES PURCHASE OF EXTANT AEROSPACE; 15/03/2018 – Esterline Completes Sale of Kirkhill Elastomer Business; 15/03/2018 – TransDigm Completed Acquisition of Kirkhill Elastomers From Esterline for $50 M in Cash; 01/05/2018 – S&PGR Rates TransDigm’s Prpsd Trm Lns ‘B+’, Sr Nts ‘B-‘; 01/05/2018 – TransDigm Sees FY18 Adj EPS $17.35-Adj EPS $17.99

Among 20 analysts covering Transdigm Group Incorporated (NYSE:TDG), 11 have Buy rating, 1 Sell and 8 Hold. Therefore 55% are positive. Transdigm Group Incorporated had 83 analyst reports since August 4, 2015 according to SRatingsIntel. The company was initiated on Thursday, January 19 by SunTrust. Jefferies maintained the shares of TDG in report on Tuesday, September 5 with “Buy” rating. Canaccord Genuity maintained it with “Buy” rating and $300 target in Thursday, May 11 report. Robert W. Baird initiated TransDigm Group Incorporated (NYSE:TDG) on Thursday, October 6 with “Outperform” rating. Robert W. Baird maintained TransDigm Group Incorporated (NYSE:TDG) on Wednesday, August 23 with “Buy” rating. Canaccord Genuity maintained TransDigm Group Incorporated (NYSE:TDG) on Friday, May 26 with “Buy” rating. The rating was maintained by Bank of America with “Buy” on Thursday, February 8. RBC Capital Markets maintained it with “Buy” rating and $31600 target in Wednesday, June 21 report. The firm has “Sell” rating by J.P. Morgan given on Tuesday, December 12. Morgan Stanley maintained the stock with “Equal-Weight” rating in Friday, February 9 report.

Proshare Advisors Llc, which manages about $28.14 billion and $15.35B US Long portfolio, decreased its stake in Tootsie Roll Inds Inc (NYSE:TR) by 50,442 shares to 437,184 shares, valued at $12.88M in 2018Q1, according to the filing. It also reduced its holding in Bemis Inc (NYSE:BMS) by 41,345 shares in the quarter, leaving it with 179,703 shares, and cut its stake in Western Un Co (NYSE:WU).

Investors sentiment increased to 1.09 in Q1 2018. Its up 0.09, from 1 in 2017Q4. It is positive, as 21 investors sold TDG shares while 131 reduced holdings. 51 funds opened positions while 115 raised stakes. 54.59 million shares or 2.44% less from 55.96 million shares in 2017Q4 were reported. 47,673 were reported by Morgan Stanley. Neville Rodie And Shaw Inc reported 0.03% of its portfolio in TransDigm Group Incorporated (NYSE:TDG). Manufacturers Life Insurance The holds 0.02% or 55,575 shares. Allen Investment Management Limited Liability Corp invested in 5.56% or 435,155 shares. Canada Pension Plan Invest Board accumulated 0% or 10 shares. Prudential Public Ltd Com invested 0% in TransDigm Group Incorporated (NYSE:TDG). Sands Capital Mgmt Lc has invested 0.05% in TransDigm Group Incorporated (NYSE:TDG). 20,618 are held by Employees Retirement Systems Of Ohio. Cleararc Capital Incorporated, Ohio-based fund reported 1,254 shares. Nomura Holdings Inc reported 16,112 shares. Highvista Strategies Ltd Liability Co stated it has 17,430 shares or 2.28% of all its holdings. Alexandria Limited Liability Company holds 0.09% or 2,034 shares. Moreover, Korea Investment has 0% invested in TransDigm Group Incorporated (NYSE:TDG) for 495 shares. State Street Corp stated it has 2.12M shares or 0.06% of all its holdings. Great West Life Assurance Can holds 41,127 shares or 0.03% of its portfolio.

Since January 16, 2018, it had 1 buying transaction, and 18 sales for $50.40 million activity. $3.43 million worth of TransDigm Group Incorporated (NYSE:TDG) was sold by Skulina James on Monday, June 11. 9,500 shares valued at $2.80 million were sold by Howley W Nicholas on Wednesday, March 14. Peacock Douglas W sold $4.75 million worth of TransDigm Group Incorporated (NYSE:TDG) on Friday, February 16. The insider Henderson Robert S sold $5.00 million. Jones Roger had sold 5,000 shares worth $1.61 million. Stein Kevin M had bought 1,347 shares worth $399,774.

Since January 2, 2018, it had 2 insider buys, and 8 insider sales for $31.38 million activity. Musk Elon had bought 33,000 shares worth $9.85 million on Monday, May 7. Shares for $284,019 were sold by Branderiz Eric. Another trade for 4,065 shares valued at $1.27M was sold by Musk Kimbal.

Investors sentiment decreased to 0.92 in Q1 2018. Its down 0.13, from 1.05 in 2017Q4. It dropped, as 110 investors sold TSLA shares while 162 reduced holdings. 71 funds opened positions while 178 raised stakes. 100.60 million shares or 4.72% more from 96.06 million shares in 2017Q4 were reported. Creative Planning stated it has 0.06% of its portfolio in Tesla, Inc. (NASDAQ:TSLA). Weatherly Asset Mgmt Lp stated it has 2,140 shares or 0.14% of all its holdings. Moreover, Birinyi Assocs Inc has 0.13% invested in Tesla, Inc. (NASDAQ:TSLA) for 1,200 shares. Illinois-based Whitnell & Com has invested 0.01% in Tesla, Inc. (NASDAQ:TSLA). 290 were reported by Mckinley Capital Mngmt Limited Delaware. Equitec Specialists Ltd Liability Com has invested 0.05% in Tesla, Inc. (NASDAQ:TSLA). Commonwealth Bankshares Of Australia reported 0% of its portfolio in Tesla, Inc. (NASDAQ:TSLA). British Columbia Inv Management reported 72,146 shares. Oz Management Lp reported 200,000 shares stake. Pictet Asset Mngmt owns 185,183 shares or 0.12% of their US portfolio. Illinois-based Gladius Management LP has invested 7.69% in Tesla, Inc. (NASDAQ:TSLA). Gofen Glossberg Lc Il invested in 912 shares or 0.01% of the stock. Finemark Natl Bank And accumulated 2,336 shares or 0.04% of the stock. Hbk Sorce Advisory Limited reported 0.06% of its portfolio in Tesla, Inc. (NASDAQ:TSLA). Metropolitan Life Insur Ny reported 0% in Tesla, Inc. (NASDAQ:TSLA).

Manikay Partners Llc, which manages about $2.01B and $1.92 billion US Long portfolio, decreased its stake in Liberty Tripadvisor Hldgs In (NASDAQ:LTRPA) by 148,500 shares to 450,000 shares, valued at $4.84M in 2018Q1, according to the filing. It also reduced its holding in Tiffany & Co New (NYSE:TIF) by 250,000 shares in the quarter, leaving it with 750,000 shares, and cut its stake in Dell Technologies Inc.

Among 39 analysts covering Tesla Motors Inc (NASDAQ:TSLA), 13 have Buy rating, 10 Sell and 16 Hold. Therefore 33% are positive. Tesla Motors Inc had 166 analyst reports since July 21, 2015 according to SRatingsIntel. Barclays Capital maintained the stock with “Underweight” rating in Wednesday, September 13 report. The stock of Tesla, Inc. (NASDAQ:TSLA) earned “Buy” rating by Dougherty & Company on Friday, August 7. On Wednesday, April 4 the stock rating was maintained by J.P. Morgan with “Sell”. The stock of Tesla, Inc. (NASDAQ:TSLA) earned “Neutral” rating by Goldman Sachs on Thursday, October 6. The stock has “Sell” rating by CFRA on Monday, August 7. The stock has “Equal-Weight” rating by Morgan Stanley on Wednesday, April 18. The stock of Tesla, Inc. (NASDAQ:TSLA) has “Hold” rating given on Tuesday, August 4 by Deutsche Bank. The firm has “Hold” rating by Argus Research given on Tuesday, June 28. Tigress Financial maintained the shares of TSLA in report on Thursday, December 21 with “Hold” rating. As per Monday, August 17, the company rating was downgraded by Vetr.

More notable recent Tesla, Inc. (NASDAQ:TSLA) news were published by: Seekingalpha.com which released: “Investor Sentiment And Tesla Stock Price” on June 11, 2018, also Nasdaq.com with their article: “3 Reasons Ford Motor Company Stock Is Worth a Spin” published on June 17, 2018, Seekingalpha.com published: “Tesla’s Smart Shorts” on June 01, 2018. More interesting news about Tesla, Inc. (NASDAQ:TSLA) were released by: Fool.com and their article: “Tech Stocks This Week: Etsy Soars, Tesla’s Planned “Self-Driving” Features, and More” published on June 16, 2018 as well as Seekingalpha.com‘s news article titled: “Is Tesla Losing Its Mojo?” with publication date: June 18, 2018.

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By1 Maria Brooks

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