As Facebook (FB) Stock Rose, Intersect Capital Has Cut Position by $312,800; Tesla (Put) (TSLA) Holding Raised by Grt Capital Partners Llc

February 24, 2018 - By Ellis Scott

Intersect Capital Llc decreased its stake in Facebook Inc (FB) by 7.6% based on its latest 2017Q3 regulatory filing with the SEC. Intersect Capital Llc sold 1,840 shares as the company’s stock rose 10.88% with the market. The institutional investor held 22,371 shares of the technology company at the end of 2017Q3, valued at $3.82 million, down from 24,211 at the end of the previous reported quarter. Intersect Capital Llc who had been investing in Facebook Inc for a number of months, seems to be less bullish one the $532.46B market cap company. The stock increased 2.40% or $4.3 during the last trading session, reaching $183.29. About 19.01 million shares traded. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since February 24, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

Grt Capital Partners Llc increased its stake in Tesla Inc (Put) (TSLA) by 342.86% based on its latest 2017Q3 regulatory filing with the SEC. Grt Capital Partners Llc bought 2,400 shares as the company’s stock rose 14.18% with the market. The hedge fund held 3,100 shares of the capital goods company at the end of 2017Q3, valued at $1.06M, up from 700 at the end of the previous reported quarter. Grt Capital Partners Llc who had been investing in Tesla Inc (Put) for a number of months, seems to be bullish on the $59.45B market cap company. The stock increased 1.70% or $5.88 during the last trading session, reaching $352.05. About 5.82M shares traded or 1.89% up from the average. Tesla, Inc. (NASDAQ:TSLA) has risen 44.43% since February 24, 2017 and is uptrending. It has outperformed by 27.73% the S&P500.

Investors sentiment increased to 1.3 in Q3 2017. Its up 0.03, from 1.27 in 2017Q2. It improved, as 93 investors sold TSLA shares while 134 reduced holdings. 73 funds opened positions while 223 raised stakes. 93.25 million shares or 1.29% more from 92.06 million shares in 2017Q2 were reported. 2.46 million were reported by State Street Corp. Moreover, Benjamin F Edwards has 0.02% invested in Tesla, Inc. (NASDAQ:TSLA) for 546 shares. Ameriprise Financial reported 24,340 shares. Aperio Grp Llc has 32,025 shares for 0.06% of their portfolio. Old Mutual Customised Solutions (Proprietary) accumulated 3,828 shares or 0.18% of the stock. D E Shaw & reported 0.37% stake. J&P(China)Capital Management Coltd has 45.47% invested in Tesla, Inc. (NASDAQ:TSLA). Cwm Ltd Company owns 195 shares. Tiaa Cref Management Lc has 747,284 shares. Bridgewater Associate LP reported 0% in Tesla, Inc. (NASDAQ:TSLA). Moreover, Brown Brothers Harriman And Co has 0% invested in Tesla, Inc. (NASDAQ:TSLA). Cibc World has 12,430 shares. Sequoia Finance Advsrs Ltd stated it has 1,042 shares or 0.04% of all its holdings. Natixis, France-based fund reported 1,368 shares. Moreover, Proffitt Goodson has 0.18% invested in Tesla, Inc. (NASDAQ:TSLA) for 1,210 shares.

Among 35 analysts covering Tesla Motors Inc (NASDAQ:TSLA), 13 have Buy rating, 10 Sell and 12 Hold. Therefore 37% are positive. Tesla Motors Inc had 127 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Tuesday, February 9 by Barclays Capital. Deutsche Bank maintained Tesla, Inc. (NASDAQ:TSLA) rating on Tuesday, September 5. Deutsche Bank has “Hold” rating and $320 target. Guggenheim maintained the stock with “Buy” rating in Thursday, January 4 report. J.P. Morgan maintained Tesla, Inc. (NASDAQ:TSLA) rating on Thursday, November 2. J.P. Morgan has “Sell” rating and $185.0 target. The stock of Tesla, Inc. (NASDAQ:TSLA) has “Buy” rating given on Thursday, November 2 by Robert W. Baird. The stock has “Sell” rating by CFRA on Wednesday, November 1. The stock has “Sell” rating by S&P Research on Friday, August 14. On Thursday, January 4 the stock rating was maintained by Robert W. Baird with “Buy”. The company was maintained on Thursday, February 23 by RBC Capital Markets. The firm has “Buy” rating given on Monday, August 14 by Robert W. Baird.

Since September 1, 2017, it had 0 buys, and 9 sales for $4.84 million activity. FIELD JOHN DOUGLAS sold $476,944 worth of stock or 1,400 shares. Branderiz Eric sold $34,661 worth of stock or 99 shares.

Grt Capital Partners Llc, which manages about $953.78M and $120.68 million US Long portfolio, decreased its stake in 8Point3 Energy Partners Lp by 107,987 shares to 41,331 shares, valued at $621,000 in 2017Q3, according to the filing. It also reduced its holding in Noble Energy Inc (NYSE:NBL) by 169,809 shares in the quarter, leaving it with 103,410 shares, and cut its stake in Berkshire Hathaway Inc Del (Call) (BRKB).

Among 54 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 2 Hold. Therefore 93% are positive. Facebook had 236 analyst reports since July 21, 2015 according to SRatingsIntel. On Thursday, April 28 the stock rating was maintained by Canaccord Genuity with “Buy”. The rating was maintained by RBC Capital Markets with “Outperform” on Thursday, November 5. As per Thursday, July 27, the company rating was maintained by UBS. Mizuho maintained the shares of FB in report on Thursday, February 2 with “Buy” rating. The stock has “Buy” rating by Mizuho on Thursday, November 5. The company was maintained on Tuesday, September 5 by Canaccord Genuity. Loop Capital initiated Facebook, Inc. (NASDAQ:FB) rating on Friday, September 23. Loop Capital has “Buy” rating and $165 target. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Jefferies on Thursday, April 28. Deutsche Bank maintained Facebook, Inc. (NASDAQ:FB) on Thursday, July 30 with “Buy” rating. As per Thursday, July 30, the company rating was maintained by Oppenheimer.

Since August 24, 2017, it had 0 insider buys, and 35 sales for $735.05 million activity. 750 shares were sold by Stretch Colin, worth $134,821. Schroepfer Michael Todd also sold $6.64M worth of Facebook, Inc. (NASDAQ:FB) shares. The insider Cox Christopher K sold 16,000 shares worth $2.74M. On Friday, January 26 the insider FISCHER DAVID B. sold $1.05 million. Koum Jan sold 640,754 shares worth $109.70 million. 55,000 Facebook, Inc. (NASDAQ:FB) shares with value of $9.75 million were sold by Sandberg Sheryl.

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