As Stamps Com INC (STMP) Valuation Declined, Shareholder Tekne Capital Management LLC Has Trimmed Its Stake

January 20, 2018 - By marketbeat

Investors sentiment is 1.01 in Q3 2017. Its the same as in 2017Q2. It has no change, as 26 investors sold STMP shares while 92 reduced holdings. only 60 funds opened positions while 59 raised stakes. 16.25 million shares or 8.57% less from 17.77 million shares in 2017Q2 were reported. Quinn Opportunity Prns Ltd Liability Corporation has 1,000 shares for 0.03% of their portfolio. Mgmt Of Virginia Llc reported 27,928 shares stake. Public Employees Retirement Sys Of Ohio holds 0.01% or 8,551 shares. Gotham Asset Ltd Limited Liability Company has 0.07% invested in Stamps.com Inc. (NASDAQ:STMP). Pitcairn has invested 0.05% in Stamps.com Inc. (NASDAQ:STMP). Voya Investment Management Ltd Liability reported 0.01% of its portfolio in Stamps.com Inc. (NASDAQ:STMP). Illinois-based Envestnet Asset Mgmt has invested 0% in Stamps.com Inc. (NASDAQ:STMP). Regions Financial owns 1,804 shares or 0% of their US portfolio. Portolan Capital Ltd Liability Corporation has invested 0.46% in Stamps.com Inc. (NASDAQ:STMP). Zurcher Kantonalbank (Zurich Cantonalbank) has 538 shares. Koch Indus owns 3,374 shares. Deutsche Fincl Bank Ag reported 0.02% in Stamps.com Inc. (NASDAQ:STMP). Cornerstone Cap Limited Liability Com, New York-based fund reported 3,500 shares. Whittier Tru Of Nevada invested 0% in Stamps.com Inc. (NASDAQ:STMP). 47,827 were accumulated by Redwood Invests Ltd Llc.

Since July 31, 2017, it had 0 buys, and 25 sales for $118.44 million activity. 75,189 shares were sold by MILLER LLOYD I III, worth $14.56M. Clem John Roland had sold 10,000 shares worth $2.10M. 59,583 Stamps.com Inc. (NASDAQ:STMP) shares with value of $13.41M were sold by Carberry Jeffrey. $243,480 worth of stock was sold by Khechfe Amine on Monday, October 2. The insider Buerba Sebastian sold 44,255 shares worth $8.50 million. Biswas Michael John sold $7.89M worth of stock.

Beeneet Kothari decreased its stake in Stamps Com Inc (STMP) by 20.12% based on its latest 2017Q3 regulatory filing with the SEC. Tekne Capital Management Llc sold 40,811 shares as the company’s stock declined 8.10% while stock markets rallied. The hedge fund run by Beeneet Kothari held 162,064 shares of the business services company at the end of 2017Q3, valued at $32.84 million, down from 202,875 at the end of the previous reported quarter. Tekne Capital Management Llc who had been investing in Stamps Com Inc for a number of months, seems to be less bullish one the $3.45B market cap company. The stock increased 0.95% or $1.85 during the last trading session, reaching $197.25. About 212,599 shares traded. Stamps.com Inc. (NASDAQ:STMP) has risen 54.88% since January 20, 2017 and is uptrending. It has outperformed by 38.18% the S&P500.

Analysts await Stamps.com Inc. (NASDAQ:STMP) to report earnings on February, 22. They expect $2.14 earnings per share, down 13.71 % or $0.34 from last year’s $2.48 per share. STMP’s profit will be $37.41 million for 23.04 P/E if the $2.14 EPS becomes a reality. After $2.57 actual earnings per share reported by Stamps.com Inc. for the previous quarter, Wall Street now forecasts -16.73 % negative EPS growth.

More news for Stamps.com Inc. (NASDAQ:STMP) were recently published by: Fool.com, which released: “Why Stamps.com Stock Gained 64% in 2017” on January 11, 2018. Streetinsider.com‘s article titled: “Form SC 13G/A STAMPS.COM INC Filed by: BlackRock Inc.” and published on January 19, 2018 is yet another important article.

Stamps.com Inc. (NASDAQ:STMP) Ratings Coverage

Among 9 analysts covering Stamps.com (NASDAQ:STMP), 7 have Buy rating, 1 Sell and 1 Hold. Therefore 78% are positive. Stamps.com has $250.0 highest and $15 lowest target. $183.13’s average target is -7.16% below currents $197.25 stock price. Stamps.com had 25 analyst reports since August 7, 2015 according to SRatingsIntel. On Thursday, August 3 the stock rating was maintained by Craig Hallum with “Buy”. On Wednesday, October 11 the stock rating was maintained by Northland Capital with “Buy”. The firm has “Buy” rating given on Friday, December 1 by FBR Capital. The stock of Stamps.com Inc. (NASDAQ:STMP) earned “Buy” rating by Craig Hallum on Friday, August 25. B. Riley & Co maintained Stamps.com Inc. (NASDAQ:STMP) on Thursday, October 5 with “Buy” rating. The firm has “Buy” rating by B. Riley & Co given on Friday, November 6. Singular Research initiated the shares of STMP in report on Monday, October 19 with “Buy” rating. On Monday, October 23 the stock rating was maintained by Roth Capital with “Buy”. The stock has “Buy” rating by Sidoti on Tuesday, January 12. The stock of Stamps.com Inc. (NASDAQ:STMP) has “Buy” rating given on Friday, July 28 by Roth Capital.

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