Stock SEC Filing: Ari Network Services Inc Wi Has Another Bullish Trade, Park City Capital Bought Stake!

Stock SEC Filing: Ari Network Services Inc Wi Has Another Bullish Trade, Park City Capital Bought Stake!

The New Park City Capital Holding in Ari Network Services Inc Wi

Park City Capital filed with the SEC SC 13D/A form for Ari Network Services Inc Wi. The form can be accessed here: 000114420416127304. As reported in Park City Capital’s form, the filler as of late owns 5.8% or 1,000,000 shares of the Information Technology–company.

Ari Network Services Inc Wi stake is a new one for the and it was filed because of activity on October 7, 2016. We feel this shows Park City Capital’s positive view for the stock.

Reasons Why Park City Capital Bought – Ari Network Services Inc Wi Stock

Item 4. Purpose of Transaction

On October 7, 2016,Park City Capital, LLC and Park City Capital Offshore Master, Ltd. submitted a notice to the Company pursuant to the Company’sby-laws nominating a slate of two directors for election to three-year terms at the Company’s annual meeting of shareholdersexpected to be held in January 2017.

Ari Network Services Inc Wi Institutional Sentiment

Latest Security and Exchange filings show 17 investors own Ari Network Services Inc Wi. The institutional ownership in Q3 2015 is low, at 50.78% of the outstanding shares. This is increased by 4358570 the total institutional shares. 8770261 were the shares owned by these institutional investors. In total 3 funds opened new Ari Network Services Inc Wi stakes, 7 increased stakes. There were 1 that closed positions and 5 reduced them.

Perritt Capital Management Inc is an institutional investor bullish on Ari Network Services Inc Wi, owning 135000 shares as of Q3 2015 for 0.11% of its portfolio. Needham Investment Management Llc owns 15000 shares or 0.01% of its portfolio. CA First Wilshire Securities Management Inc have 0.45% of their stock portfolio for 461844 shares. Further, Awm Investment Company Inc reported stake worth 0.22% of its US stock portfolio. The CA Magee Thomson Investment Partners Llc owns 1261 shares. Ari Network Services Inc Wi is less than 0.01% of the manager’s US portfolio.

Business Profile

ARI Network Services, Inc. creates software-as-a-service (SaaS) and data-as-a-service (DaaS) solutions that help equipment manufacturers, distributors and dealers in selected vertical markets Sell More Stuff!- online and in-store. The Company’s solutions include Web Platform Solutions, eCatalog Platform Solutions and Lead Management Product. The Company’s SaaS and DaaS solutions include eCommerce-enabled websites, which provide a Web presence for dealers and serve as a platform for driving leads and eCommerce sales; eCatalogs, which drive sales of inventory and PG&A both online and within the dealership; and lead management software designed to increase sales for dealers through management and closure of leads.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

Insitutional Activity: The institutional sentiment decreased to 0.8 in 2016 Q2. Its down 2.53, from 3.33 in 2016Q1. The ratio dropped, as 2 funds sold all ARI Network Services, Inc. shares owned while 8 reduced positions. 3 funds bought stakes while 5 increased positions. They now own 3.04 million shares or 66.46% less from 9.07 million shares in 2016Q1.

Walleye Trading Ltd Limited Liability Company holds 0% of its portfolio in ARI Network Services, Inc. (NASDAQ:ARIS) for 13 shares. Royal Natl Bank Of Canada reported 93 shares or 0% of all its holdings. Hodges Capital Management Inc holds 0.04% of its portfolio in ARI Network Services, Inc. (NASDAQ:ARIS) for 181,000 shares. Jbf Capital holds 0.01% or 12,200 shares in its portfolio. Comml Bank Of America Corporation De holds 0% or 92 shares in its portfolio. Spark Investment Mngmt Ltd holds 0.01% or 32,900 shares in its portfolio. Magee Thomson Partners Ltd Liability Company has invested 0% of its portfolio in ARI Network Services, Inc. (NASDAQ:ARIS). Lpl Fincl Ltd Co owns 24,724 shares or 0% of their US portfolio. Geode Cap Limited Liability Company last reported 0% of its portfolio in the stock. First Wilshire Securities Management reported 385,169 shares or 0.52% of all its holdings. The Minnesota-based Blue Clay Management Ltd Limited Liability Company has invested 0.37% in ARI Network Services, Inc. (NASDAQ:ARIS). Deutsche Bank & Trust Ag last reported 647 shares in the company. Ladenburg Thalmann, a Florida-based fund reported 50 shares. Awm Inc owns 300,000 shares or 0.27% of their US portfolio. Tower Rech Ltd (Trc) has 0% invested in the company for 700 shares.

Insider Transactions: Since April 18, 2016, the stock had 0 buys, and 1 insider sale for $34,791 net activity. $34,791 worth of shares were sold by OLIVIER ROY W on Monday, April 18.

Analysts await ARI Network Services, Inc. (NASDAQ:ARIS) to report earnings on October, 26. They expect $0.02 earnings per share, 0.00% or $0.00 from last year’s $0.02 per share. ARIS’s profit will be $352,265 for 58.50 P/E if the $0.02 EPS becomes a reality. After $0.03 actual earnings per share reported by ARI Network Services, Inc. for the previous quarter, Wall Street now forecasts -33.33% negative EPS growth.

The stock increased 2.63% or $0.12 on October 6, hitting $4.68. ARI Network Services, Inc. (NASDAQ:ARIS) has risen 8.58% since March 4, 2016 and is uptrending. It has outperformed by 0.55% the S&P500.

ARI Network Services, Inc. creates software-as-a-service and data-as-a-service (DaaS) solutions that help equipment manufacturers, distributors and dealers in selected vertical markets Sell More Stuff!- online and in-store. The company has a market cap of $82.43 million. The Company’s solutions include Web Platform Solutions, eCatalog Platform Solutions and Lead Management Product. It has a 49.7 P/E ratio.

ARI Network Services, Inc. (NASDAQ:ARIS) Ratings Coverage

Out of 3 analysts covering ARI Network Services (NASDAQ:ARIS), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $6.0 is the highest target while $5.25 is the lowest. The $5.75 average target is 22.86% above today’s ($4.68) stock price. ARI Network Services has been the topic of 4 analyst reports since September 14, 2015 according to StockzIntelligence Inc. On Friday, March 11 the stock rating was maintained by Ascendiant Capital with “Buy”. Barrington Research initiated the stock with “Outperform” rating in Monday, January 25 report. Craig Hallum initiated ARI Network Services, Inc. (NASDAQ:ARIS) on Monday, September 14 with “Buy” rating.

More important recent ARI Network Services, Inc. (NASDAQ:ARIS) news were published by: Seekingalpha.com which released: “ARI Network Services’ (ARIS) CEO Roy Olivier on Q3 2016 Results – Earnings …” on June 10, 2016, also Jsonline.com published article titled: “ARI Network Services acquires Pennsylvania firm”, Jsonline.com published: “ARI Network Services acquires Direct Communications of Des Moines” on July 14, 2015. More interesting news about ARI Network Services, Inc. (NASDAQ:ARIS) was released by: Benzinga.com and their article: “CORRECTION – ARI Network Services Schedules Fourth Quarter Fiscal 2016 …” with publication date: September 27, 2016.

According to Zacks Investment Research, “ARI Network Services, Inc. is a provider of business-to-business Internet e-commerce solutions for manufacturers with shared distribution and service networks. The company currently serves segments of the manufactured equipment market, including Outdoor Power, Recreation Vehicle, Floor Maintenance, Marine, and Construction. The company’s communications systems provide an electronic pathway for parts orders, warranty claims, and other transactions between manufacturers and their networks of sales and service points.”

ARIS Company Profile

ARI Network Services, Inc., incorporated on July 23, 1981, creates software-as-a-service (SaaS) and data-as-a-service (DaaS) solutions that help equipment manufacturers, distributors and dealers in selected vertical markets Sell More Stuff!- online and in-store. The Company’s solutions include: Web Platform Solutions, eCatalog Platform Solutions and Lead Management Product. The Company’s SaaS and DaaS solutions include: eCommerce-enabled websites, which provide a Web presence for dealers and serve as a platform for driving leads and eCommerce sales; eCatalogs, which drive sales of inventory and PG&A both online and within the dealership; and lead management software designed to increase sales for dealers through management and closure of leads.

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