In today’s session Stamps.com Inc. (STMP) registered an unusually high (153) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious STMP increase. With 153 contracts traded and 14384 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: STMP161118C00095000 closed last at: $8.6 or 24.6% up. About 146,021 shares traded hands. Stamps.com Inc. (NASDAQ:STMP) has risen 1.45% since April 5, 2016 and is uptrending. It has underperformed by 0.50% the S&P500.
Stamps.com Inc. (NASDAQ:STMP) Ratings Coverage
Out of 6 analysts covering Stamps.com (NASDAQ:STMP), 4 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 67% are positive. Stamps.com has been the topic of 12 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Singular Research given on Monday, November 9. B. Riley & Co upgraded the stock to “Buy” rating in Friday, November 6 report. Prescience Point initiated the stock with “Sell” rating in Thursday, July 14 report. Singular Research initiated Stamps.com Inc. (NASDAQ:STMP) on Monday, October 19 with “Buy” rating. The company was upgraded on Tuesday, January 12 by Sidoti. Sidoti downgraded the stock to “Neutral” rating in Monday, November 9 report. The stock of Stamps.com Inc. (NASDAQ:STMP) earned “Neutral” rating by B Riley on Friday, August 7. The firm earned “Outperform” rating on Friday, November 6 by Northland Capital.
According to Zacks Investment Research, “Stamps.com provides easy, convenient and cost-effective Internet -based services for mailing or shipping letters, packages or parcels anywhere in the United States and at anytime. Their core mailing and shipping services are designed to allow individual consumers or employees of small businesses or larger enterprises to select a carrier, print US postage or shipping labels from multiple carriers, schedule a pick-up, track a package and apply enterprise-wide business rules to manage and account for mailing and shipping costs.”
Insitutional Activity: The institutional sentiment decreased to 1.34 in Q2 2016. Its down 0.02, from 1.36 in 2016Q1. The ratio is negative, as 46 funds sold all Stamps.com Inc. shares owned while 54 reduced positions. 47 funds bought stakes while 87 increased positions. They now own 17.00 million shares or 5.63% more from 16.09 million shares in 2016Q1.
Los Angeles Capital Mgmt And Equity has 25,174 shares for 0.02% of their US portfolio. Management Of Virginia Ltd Liability Co, a Virginia-based fund reported 12,525 shares. Arcadia Invest Mgmt Corp Mi last reported 0.01% of its portfolio in the stock. Dimensional Fund Lp accumulated 308,540 shares or 0.02% of the stock. Da Davidson And Com owns 1,910 shares or 0% of their US portfolio. Bank Of America De last reported 0% of its portfolio in the stock. New Century Invest Management holds 1.01% or 21,700 shares in its portfolio. Sg Americas Secs Lc reported 2,116 shares or 0% of all its holdings. Nationwide Fund Advsr accumulated 26,641 shares or 0.01% of the stock. Weatherbie Cap Limited Liability Com accumulated 1.88% or 151,852 shares. The California-based First Republic Invest Mgmt has invested 0.05% in Stamps.com Inc. (NASDAQ:STMP). Pitcairn Com accumulated 0.06% or 5,118 shares. Swiss Bancorp has invested 0% of its portfolio in Stamps.com Inc. (NASDAQ:STMP). Seven Eight Limited Liability has 100 shares for 0% of their US portfolio. Sei Investments accumulated 38,397 shares or 0.02% of the stock.
Insider Transactions: Since May 24, 2016, the stock had 0 buys, and 5 selling transactions for $2.23 million net activity. BORTNAK JAMES sold $394,962 worth of stock.
Stamps.com Inc. is a provider of Internet mailing and shipping solutions. The company has a market cap of $1.73 billion. The Firm operates through the Internet Mailing and Shipping Services segment. It has a 40 P/E ratio. Under the Stamps.com and Endicia branded solutions, the Company’s clients use its service to mail and ship a range of mail pieces, including postcards, envelopes, flats and packages, using a range of United States Postal Service mail classes, including First Class Mail, Priority Mail, Priority Mail Express, Media Mail, and Parcel Select, and among others.
STMP Company Profile
Stamps.com Inc., incorporated on January 9, 1998, is a well-known provider of Internet mailing and shipping solutions. The Firm operates through the Internet Mailing and Shipping Services segment. Under the Stamps.com and Endicia branded solutions, the Company’s clients use its service to mail and ship a range of mail pieces, including postcards, envelopes, flats and packages, using a range of United States Postal Service (USPS) mail classes, including First Class Mail, Priority Mail, Priority Mail Express, Media Mail, and Parcel Select, and among others. The Company’s clients include individuals, small businesses, home offices, medium-size businesses and large enterprises, and within these categories, the Company targets both mailers and shippers. In addition, the Company offers multi-carrier shipping solutions under the brand names ShipStation and ShipWorks. The Company’s services and products include Mailing and Shipping Business and Customized Postage.
More notable recent Stamps.com Inc. (NASDAQ:STMP) news were published by: Fool.com which released: “Why Stamps.com Inc. Stock Fell 15%” on April 28, 2016, also Rttnews.com with their article: “Stamps.com Inc. (STMP) Rose To A 6-Month High After Q3 Earnings Beat” published on November 07, 2016, Fool.com published: “Stamps.com Inc. Sales Soar 86%” on May 14, 2016. More interesting news about Stamps.com Inc. (NASDAQ:STMP) were released by: Fool.com and their article: “Stamps.com Inc. Revenue Surges 74%” published on August 09, 2016 as well as Fool.com‘s news article titled: “Why Stamps.com Inc. Shares Soared” with publication date: February 26, 2016.
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