Gamco Investors Et Al Increased Newell Brands (NWL) Holding By $302,500; GIGA TRONICS (GIGA) Shorts Lowered By 13.64%

June 14, 2018 - By Marie Mckinney

Giga-tronics Incorporated (OTCMKTS:GIGA) Logo

GIGA TRONICS INC (OTCMKTS:GIGA) had a decrease of 13.64% in short interest. GIGA’s SI was 9,500 shares in June as released by FINRA. Its down 13.64% from 11,000 shares previously. With 40,200 avg volume, 0 days are for GIGA TRONICS INC (OTCMKTS:GIGA)’s short sellers to cover GIGA’s short positions. The SI to GIGA TRONICS INC’s float is 0.13%. The stock decreased 0.73% or $0.0022 during the last trading session, reaching $0.2978. About 63,249 shares traded or 258.80% up from the average. Giga-tronics Incorporated (OTCMKTS:GIGA) has 0.00% since June 14, 2017 and is . It has underperformed by 12.57% the S&P500.

Gamco Investors Inc Et Al increased Newell Brands (NWL) stake by 62.69% reported in 2018Q1 SEC filing. Gamco Investors Inc Et Al acquired 12,100 shares as Newell Brands (NWL)’s stock declined 9.20%. The Gamco Investors Inc Et Al holds 31,400 shares with $800,000 value, up from 19,300 last quarter. Newell Brands now has $12.90 billion valuation. The stock increased 2.02% or $0.525 during the last trading session, reaching $26.565. About 3.34M shares traded. Newell Brands Inc. (NYSE:NWL) has declined 52.59% since June 14, 2017 and is downtrending. It has underperformed by 65.16% the S&P500. Some Historical NWL News: ; 23/04/2018 – NEWELL BRANDS – AT 2018 ANNUAL MEETING, BOARD WILL BE EXPANDED TO COMPRISE 12 DIRECTORS; 04/05/2018 – Newell Brands Sees Reduction of More Than 30 ERP Systems to Two by End of 2019; 11/04/2018 – Starboard nominates four directors to Newell board; 23/03/2018 – Hedge fund Glenview ups stake in Sharpie maker Newell Brands; 14/03/2018 – Starboard nominees to Newell board agree to buy stake if elected; 23/04/2018 – DJ Newell Brands Inc, Inst Holders, 1Q 2018 (NWL); 04/05/2018 – Moody’s places Flex Acquisition ratings under review for downgrade; 27/03/2018 – Newell Brands Sends Letter to Starboard; 23/03/2018 – GLENVIEW CAPITAL MANAGEMENT, LLC REPORTS 5.56 PCT PASSIVE STAKE IN NEWELL BRANDS INC AS OF MARCH 16, 2018 – SEC FILING; 04/05/2018 – Newell Brands Announces Agreement to Sell The Waddington Group to Novolex

Giga-tronics Incorporated, together with its subsidiaries, designs, makes, and markets a range of test and measurement equipment used in the development, test, and maintenance of wireless communications products and systems, flight navigational equipment, electronic defense systems, and automatic testing systems. The company has market cap of $3.03 million. The firm operates in two divisions, Giga-tronics Division and Microsource. It currently has negative earnings. The Giga-tronics Division segment produces modular signal sources, up-converters, receivers, and down-converters; and AXIe chassis and AXIe frequency reference modules for use with its signal sources.

Gamco Investors Inc Et Al decreased Gatx Corp (NYSE:GMT) stake by 129,705 shares to 2.56M valued at $175.36 million in 2018Q1. It also reduced Iac Interactivecorp Com Par $. (NASDAQ:IACI) stake by 3,867 shares and now owns 63,252 shares. Chevron Corp (NYSE:CVX) was reduced too.

Among 20 analysts covering Newell Rubbermaid Inc. (NYSE:NWL), 9 have Buy rating, 0 Sell and 11 Hold. Therefore 45% are positive. Newell Rubbermaid Inc. had 68 analyst reports since August 4, 2015 according to SRatingsIntel. Wells Fargo maintained the stock with “Buy” rating in Monday, April 23 report. RBC Capital Markets upgraded Newell Brands Inc. (NYSE:NWL) rating on Wednesday, December 16. RBC Capital Markets has “Top Pick” rating and $60 target. The company was initiated on Tuesday, July 21 by Sterne Agee CRT. The stock has “” rating by B. Riley & Co on Thursday, October 1. Wells Fargo reinitiated Newell Brands Inc. (NYSE:NWL) on Tuesday, November 15 with “Outperform” rating. The company was maintained on Tuesday, September 8 by RBC Capital Markets. RBC Capital Markets maintained it with “Outperform” rating and $48 target in Monday, August 3 report. Forward View Consulting maintained Newell Brands Inc. (NYSE:NWL) on Monday, August 7 with “Buy” rating. KeyBanc Capital Markets maintained it with “Buy” rating and $60.0 target in Monday, October 16 report. Deutsche Bank maintained it with “Buy” rating and $52 target in Monday, May 2 report.

Investors sentiment increased to 0.94 in 2018 Q1. Its up 0.22, from 0.72 in 2017Q4. It increased, as 81 investors sold NWL shares while 183 reduced holdings. 98 funds opened positions while 151 raised stakes. 456.01 million shares or 5.67% more from 431.52 million shares in 2017Q4 were reported. Profund Advsrs Limited Com stated it has 10,816 shares. Massachusetts-based Trillium Asset Management Limited Liability Corp has invested 0.56% in Newell Brands Inc. (NYSE:NWL). The Colorado-based Paragon has invested 0.1% in Newell Brands Inc. (NYSE:NWL). Envestnet Asset Mngmt stated it has 0% of its portfolio in Newell Brands Inc. (NYSE:NWL). Evercore Wealth Management Ltd Liability Company has 0.01% invested in Newell Brands Inc. (NYSE:NWL) for 8,405 shares. Sterneck Cap Mgmt Ltd owns 20,085 shares for 0.3% of their portfolio. Cap One National Association reported 0.02% of its portfolio in Newell Brands Inc. (NYSE:NWL). Tiverton Asset Limited Company reported 0.01% of its portfolio in Newell Brands Inc. (NYSE:NWL). Voya Ltd Liability Com stated it has 248,385 shares or 0.01% of all its holdings. Hermes Inv Mgmt has invested 0.31% in Newell Brands Inc. (NYSE:NWL). Mutual Of America Capital Management Lc stated it has 0.02% of its portfolio in Newell Brands Inc. (NYSE:NWL). Sentry Invs has invested 0.08% in Newell Brands Inc. (NYSE:NWL). Ontario – Canada-based Royal Bancorp Of Canada has invested 0.02% in Newell Brands Inc. (NYSE:NWL). Wellington Grp Limited Liability Partnership accumulated 0.06% or 10.00M shares. North Star Invest holds 0% or 1,220 shares.

More notable recent Newell Brands Inc. (NYSE:NWL) news were published by: Seekingalpha.com which released: “Buy Newell’s Equity, Not The Debt” on June 14, 2018, also Seekingalpha.com with their article: “$5.5 Billion Might Push Newell Higher” published on May 22, 2018, Seekingalpha.com published: “Newell Brands: It’s Peace For Our Time” on May 17, 2018. More interesting news about Newell Brands Inc. (NYSE:NWL) were released by: Globenewswire.com and their article: “Detailed Research: Economic Perspectives on Amphenol, Hologic, Newell Brands, Ciena, SAExploration, and Puma …” published on June 12, 2018 as well as Investorplace.com‘s news article titled: “Trade of the Day: Newell Brands Inc. (NWL)” with publication date: June 05, 2018.

Since May 18, 2018, it had 2 insider buys, and 0 insider sales for $132,790 activity. 4,000 Newell Brands Inc. (NYSE:NWL) shares with value of $106,120 were bought by TODMAN MICHAEL. Craigie James bought 1,000 shares worth $26,670.

Newell Brands Inc. (NYSE:NWL) Institutional Positions Chart

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