Sg Capital Management Holding in Intrepid Potash (IPI) Cut as Shares Declined; Nxp Semiconductors Nv (NXPI) Stock Price Rose While Gardner Lewis Asset Management LP Cut by $31.19 Million Its Holding

May 18, 2018 - By David Stenberg

NXP Semiconductors N.V. (NASDAQ:NXPI) Logo

Ken Grossman decreased its stake in Intrepid Potash Inc (IPI) by 54.56% based on its latest 2017Q4 regulatory filing with the SEC. Sg Capital Management Llc sold 118,514 shares as the company’s stock declined 13.18% with the market. The hedge fund run by Ken Grossman held 98,700 shares of the basic industries company at the end of 2017Q4, valued at $470,000, down from 217,214 at the end of the previous reported quarter. Sg Capital Management Llc who had been investing in Intrepid Potash Inc for a number of months, seems to be less bullish one the $620.18 million market cap company. The stock decreased 1.19% or $0.06 during the last trading session, reaching $4.99. About 2.75M shares traded or 114.25% up from the average. Intrepid Potash, Inc. (NYSE:IPI) has risen 125.00% since May 18, 2017 and is uptrending. It has outperformed by 113.45% the S&P500.

Gardner Lewis Asset Management LP decreased its stake in Nxp Semiconductors Nv (NXPI) by 72.33% based on its latest 2017Q4 regulatory filing with the SEC. Gardner Lewis Asset Management LP sold 266,575 shares as the company’s stock rose 4.13% while stock markets declined. The institutional investor held 101,970 shares of the semiconductors company at the end of 2017Q4, valued at $11.94M, down from 368,545 at the end of the previous reported quarter. Gardner Lewis Asset Management LP who had been investing in Nxp Semiconductors Nv for a number of months, seems to be less bullish one the $36.71 billion market cap company. The stock decreased 1.96% or $2.13 during the last trading session, reaching $106.71. About 8.34 million shares traded or 25.29% up from the average. NXP Semiconductors N.V. (NASDAQ:NXPI) has risen 17.73% since May 18, 2017 and is uptrending. It has outperformed by 6.18% the S&P500.

Gardner Lewis Asset Management L P, which manages about $330.77 million and $1.18B US Long portfolio, upped its stake in 2U Inc. (NASDAQ:TWOU) by 8,293 shares to 69,548 shares, valued at $4.49 million in 2017Q4, according to the filing. It also increased its holding in Akorn Inc. (NASDAQ:AKRX) by 1.45M shares in the quarter, for a total of 3.67M shares, and has risen its stake in Bill Barrett Corp. (NYSE:BBG).

Analysts await NXP Semiconductors N.V. (NASDAQ:NXPI) to report earnings on August, 1. They expect $1.43 earnings per share, up 30.00% or $0.33 from last year’s $1.1 per share. NXPI’s profit will be $491.92 million for 18.66 P/E if the $1.43 EPS becomes a reality. After $0.95 actual earnings per share reported by NXP Semiconductors N.V. for the previous quarter, Wall Street now forecasts 50.53% EPS growth.

Among 28 analysts covering NXP Semiconductors NV (NASDAQ:NXPI), 10 have Buy rating, 1 Sell and 17 Hold. Therefore 36% are positive. NXP Semiconductors NV had 72 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Underperform” rating by CLSA given on Friday, October 28. The firm has “Hold” rating by Canaccord Genuity given on Friday, August 25. The firm earned “Hold” rating on Thursday, May 3 by Oppenheimer. The firm earned “Buy” rating on Thursday, September 7 by Needham. The company was maintained on Friday, October 30 by BMO Capital Markets. Oppenheimer maintained the shares of NXPI in report on Friday, October 30 with “Outperform” rating. The rating was initiated by Sterne Agee CRT on Wednesday, September 9 with “Buy”. On Thursday, February 8 the stock rating was maintained by Drexel Hamilton with “Hold”. SunTrust maintained NXP Semiconductors N.V. (NASDAQ:NXPI) on Tuesday, September 1 with “Buy” rating. Bank of America downgraded the shares of NXPI in report on Monday, June 27 to “Neutral” rating.

More notable recent NXP Semiconductors N.V. (NASDAQ:NXPI) news were published by: 247Wallst.com which released: “Qualcomm, NXP Merger Hits Chinese Wall” on April 19, 2018, also Seekingalpha.com with their article: “NXP Semiconductors -4% on Q1 revenue miss” published on May 03, 2018, Seekingalpha.com published: “China restarts Qualcomm-NXP deal review” on May 14, 2018. More interesting news about NXP Semiconductors N.V. (NASDAQ:NXPI) were released by: Streetinsider.com and their article: “Pre-Open Movers 05/14: (ACIA) (SHLD) (NXPI) Higher; (XRX) (DF) (BSX) Lower (more…)” published on May 14, 2018 as well as Seekingalpha.com‘s news article titled: “Beijing Approves Microchip Deal, Boding Well For Qualcomm-NXP” with publication date: May 17, 2018.

Among 10 analysts covering Intrepid Potash Inc. (NYSE:IPI), 2 have Buy rating, 2 Sell and 6 Hold. Therefore 20% are positive. Intrepid Potash Inc. had 27 analyst reports since July 22, 2015 according to SRatingsIntel. CLSA upgraded the stock to “Outperform” rating in Tuesday, May 10 report. The rating was upgraded by Stephens on Wednesday, May 9 to “Buy”. The stock of Intrepid Potash, Inc. (NYSE:IPI) earned “Hold” rating by Vertical Research on Tuesday, November 24. The firm has “Underperform” rating given on Wednesday, October 28 by CLSA. The firm earned “Market Perform” rating on Thursday, August 3 by BMO Capital Markets. Susquehanna maintained it with “Neutral” rating and $1.50 target in Tuesday, January 26 report. The stock of Intrepid Potash, Inc. (NYSE:IPI) has “Sector Perform” rating given on Wednesday, October 21 by RBC Capital Markets. The company was upgraded on Wednesday, October 14 by Cowen & Co. As per Thursday, April 14, the company rating was downgraded by Cowen & Co. BMO Capital Markets maintained Intrepid Potash, Inc. (NYSE:IPI) rating on Tuesday, October 31. BMO Capital Markets has “Market Perform” rating and $4 target.

Investors sentiment decreased to 1.02 in Q4 2017. Its down 0.19, from 1.21 in 2017Q3. It is negative, as 15 investors sold IPI shares while 30 reduced holdings. 23 funds opened positions while 23 raised stakes. 58.12 million shares or 2.58% less from 59.66 million shares in 2017Q3 were reported. Wellington Management Gru Llp stated it has 0% in Intrepid Potash, Inc. (NYSE:IPI). Stratos Wealth Partners reported 201 shares. Fmr Limited Liability Com holds 5.24M shares. Parametric Port Assocs Limited Liability Company invested in 0% or 227,373 shares. Old West Invest Ltd Liability Co owns 990,089 shares for 2.68% of their portfolio. Sei Invests Communications reported 1,200 shares stake. Moreover, Vanguard Grp Inc Inc has 0% invested in Intrepid Potash, Inc. (NYSE:IPI) for 4.24 million shares. Amalgamated Bancorporation holds 0% of its portfolio in Intrepid Potash, Inc. (NYSE:IPI) for 12,779 shares. Sg Americas Secs Limited Com stated it has 13,164 shares. Wells Fargo And Mn reported 73,227 shares. Jane Street Group Incorporated Limited Liability Co reported 24,805 shares. Savings Bank Of Mellon owns 424,131 shares or 0% of their US portfolio. Focused Wealth Management invested in 50 shares or 0% of the stock. Barclays Plc invested in 0% or 109,181 shares. Boothbay Fund Management Limited Liability stated it has 0.14% in Intrepid Potash, Inc. (NYSE:IPI).

Intrepid Potash, Inc. (NYSE:IPI) Institutional Positions Chart

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By1 David Stenberg

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