Logan Capital Management Has Upped International Bus Mach (IBM) Stake; Friess Associates Has Increased Applied Optoelectronics (AAOI) Position

November 15, 2017 - By Dolores Ford

Logan Capital Management Inc increased International Bus Mach (IBM) stake by 5.42% reported in 2017Q2 SEC filing. Logan Capital Management Inc acquired 6,803 shares as International Bus Mach (IBM)’s stock declined 15.88%. The Logan Capital Management Inc holds 132,226 shares with $20.34M value, up from 125,423 last quarter. International Bus Mach now has $137.84 billion valuation. The stock declined 1.14% or $1.69 reaching $147.2 on the news. About 35,820 shares traded. International Business Machines Corp. (NYSE:IBM) has risen 4.86% since November 15, 2016 and is uptrending. It has underperformed by 11.84% the S&P500.

Friess Associates Llc increased Applied Optoelectronics Inc. (AAOI) stake by 308.39% reported in 2017Q2 SEC filing. Friess Associates Llc acquired 107,136 shares as Applied Optoelectronics Inc. (AAOI)’s stock rose 70.49%. The Friess Associates Llc holds 141,876 shares with $8.77 million value, up from 34,740 last quarter. Applied Optoelectronics Inc. now has $850.88 million valuation. The stock rose 4.21% or $1.85 reaching $45.75 per share. About 10,097 shares traded. Applied Optoelectronics Inc (NASDAQ:AAOI) has risen 622.05% since November 15, 2016 and is uptrending. It has outperformed by 605.35% the S&P500.

Among 30 analysts covering International Business Machines (NYSE:IBM), 9 have Buy rating, 5 Sell and 16 Hold. Therefore 30% are positive. International Business Machines had 108 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies maintained it with “Underperform” rating and $125 target in Tuesday, July 19 report. Barclays Capital maintained the shares of IBM in report on Tuesday, July 19 with “Underweight” rating. The rating was maintained by BMO Capital Markets with “Market Perform” on Wednesday, October 18. KeyBanc Capital Markets maintained the stock with “Hold” rating in Monday, September 25 report. The company was maintained on Wednesday, July 19 by RBC Capital Markets. The stock of International Business Machines Corp. (NYSE:IBM) has “Hold” rating given on Monday, September 26 by Societe Generale. BMO Capital Markets maintained International Business Machines Corp. (NYSE:IBM) on Wednesday, August 30 with “Hold” rating. The stock has “Hold” rating by Cantor Fitzgerald on Tuesday, April 19. Stifel Nicolaus maintained it with “Buy” rating and $182.0 target in Thursday, October 5 report. The company was maintained on Wednesday, October 18 by Barclays Capital.

Investors sentiment decreased to 0.72 in Q2 2017. Its down 0.25, from 0.97 in 2017Q1. It dropped, as 100 investors sold IBM shares while 695 reduced holdings. 91 funds opened positions while 484 raised stakes. 530.91 million shares or 0.81% less from 535.24 million shares in 2017Q1 were reported. Raymond James Trust Na holds 0.65% of its portfolio in International Business Machines Corp. (NYSE:IBM) for 56,799 shares. Florida-based Camarda Financial Lc has invested 0.15% in International Business Machines Corp. (NYSE:IBM). Cobblestone Advsr Ltd Liability New York stated it has 7,419 shares or 0.15% of all its holdings. Ing Groep Nv holds 0.2% or 66,847 shares. M&T National Bank stated it has 446,650 shares. Guggenheim Cap Ltd Liability Co has 0.3% invested in International Business Machines Corp. (NYSE:IBM). 1.12M were accumulated by Lord Abbett And Ltd. Leavell Inv Mngmt Inc owns 0.22% invested in International Business Machines Corp. (NYSE:IBM) for 11,159 shares. 6,000 were accumulated by Csu Producer Incorporated. Commonwealth Equity Serv Inc has 0.4% invested in International Business Machines Corp. (NYSE:IBM) for 407,724 shares. Bath Savings Trust Company holds 0.18% of its portfolio in International Business Machines Corp. (NYSE:IBM) for 4,172 shares. One Cap Ltd invested in 0.11% or 2,541 shares. Matrix Asset Advsrs Incorporated holds 0.48% of its portfolio in International Business Machines Corp. (NYSE:IBM) for 18,035 shares. Verition Fund Management Llc holds 0.04% or 2,988 shares. Bbva Compass Bank holds 28,355 shares or 0.29% of its portfolio.

Logan Capital Management Inc decreased Facebook Inc Cl A (NASDAQ:FB) stake by 5,887 shares to 188,621 valued at $28.48 million in 2017Q2. It also reduced Nxp Semiconductors N V Com (NASDAQ:NXPI) stake by 138,383 shares and now owns 112,208 shares. Amazon Com Inc Com (NASDAQ:AMZN) was reduced too.

Friess Associates Llc decreased Albemarle Corp. (NYSE:ALB) stake by 3,159 shares to 172,892 valued at $18.25M in 2017Q2. It also reduced Broadcom Ltd. stake by 1,700 shares and now owns 103,836 shares. Vantiv Inc. (NYSE:VNTV) was reduced too.

Investors sentiment increased to 2.21 in 2017 Q2. Its up 0.23, from 1.98 in 2017Q1. It improved, as 25 investors sold AAOI shares while 37 reduced holdings. 83 funds opened positions while 54 raised stakes. 15.44 million shares or 5.38% more from 14.65 million shares in 2017Q1 were reported. Comerica Commercial Bank holds 18,572 shares or 0.01% of its portfolio. Tudor Et Al holds 0.02% of its portfolio in Applied Optoelectronics Inc (NASDAQ:AAOI) for 8,889 shares. Point72 Asia (Hong Kong) Limited has 0% invested in Applied Optoelectronics Inc (NASDAQ:AAOI). Zweig invested 0.07% of its portfolio in Applied Optoelectronics Inc (NASDAQ:AAOI). Jpmorgan Chase & Company has invested 0% in Applied Optoelectronics Inc (NASDAQ:AAOI). J Goldman & Limited Partnership has 0.03% invested in Applied Optoelectronics Inc (NASDAQ:AAOI). Mufg Americas holds 0% or 48 shares. Piedmont Inv Lc holds 0.01% or 3,820 shares. Ellington Management Gp Ltd Liability Corporation invested in 8,500 shares or 0.08% of the stock. Globeflex Capital Ltd Partnership stated it has 4,827 shares or 0.07% of all its holdings. Hightower Advisors Ltd holds 0% in Applied Optoelectronics Inc (NASDAQ:AAOI) or 3,672 shares. State Of Alaska Department Of Revenue has invested 0.01% in Applied Optoelectronics Inc (NASDAQ:AAOI). Royal Bancorp Of Canada owns 0% invested in Applied Optoelectronics Inc (NASDAQ:AAOI) for 822 shares. Maplelane Capital Limited Liability Com holds 0% or 107,986 shares in its portfolio. Axa owns 7,800 shares.

Since May 18, 2017, it had 0 insider buys, and 5 sales for $3.55 million activity. Chang Hung-Lun (Fred) sold 10,000 shares worth $601,086. $201,185 worth of Applied Optoelectronics Inc (NASDAQ:AAOI) was sold by Murry Stefan J.. 507 Applied Optoelectronics Inc (NASDAQ:AAOI) shares with value of $35,490 were sold by Kuo David C. 30,000 Applied Optoelectronics Inc (NASDAQ:AAOI) shares with value of $2.16 million were sold by Yeh William H. 7,500 shares valued at $480,000 were sold by Lin Chewei on Thursday, May 18. Another trade for 10,000 shares valued at $680,608 was sold by Yeh Shu-Hua (Joshua). BLACK RICHARD B sold $71,730 worth of Applied Optoelectronics Inc (NASDAQ:AAOI) on Thursday, June 8.

Among 9 analysts covering Applied Optoelectronics (NASDAQ:AAOI), 7 have Buy rating, 2 Sell and 0 Hold. Therefore 78% are positive. Applied Optoelectronics had 31 analyst reports since August 6, 2015 according to SRatingsIntel. Cowen & Co maintained it with “Buy” rating and $9400 target in Tuesday, June 20 report. The firm has “Buy” rating by Needham given on Tuesday, September 5. The firm has “Buy” rating by Piper Jaffray given on Thursday, August 3. The company was maintained on Friday, October 13 by Northland Capital. Craig Hallum maintained Applied Optoelectronics Inc (NASDAQ:AAOI) rating on Friday, July 14. Craig Hallum has “Buy” rating and $9500 target. As per Friday, August 4, the company rating was maintained by DA Davidson. As per Friday, August 4, the company rating was maintained by Needham. Raymond James maintained it with “Buy” rating and $86.0 target in Friday, October 13 report. Needham maintained the shares of AAOI in report on Friday, July 14 with “Buy” rating. Raymond James maintained it with “Buy” rating and $10700 target in Friday, August 4 report.

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