Pandora Media (P) Holder Act Ii Management LP Lifted Stake; Loxo Oncology Com (LOXO) Valuation Rose While Lord Abbett & Company Trimmed Its Position by $17.27 Million

May 19, 2018 - By Adrian Mccoy

Pandora Media, Inc. (NYSE:P) Logo

Dennis Leibowitz increased its stake in Pandora Media Inc (P) by 106.15% based on its latest 2017Q4 regulatory filing with the SEC. Act Ii Management Lp bought 286,611 shares as the company’s stock rose 11.09% while stock markets declined. The hedge fund run by Dennis Leibowitz held 556,611 shares of the consumer services company at the end of 2017Q4, valued at $2.68 million, up from 270,000 at the end of the previous reported quarter. Act Ii Management Lp who had been investing in Pandora Media Inc for a number of months, seems to be bullish on the $1.89B market cap company. The stock decreased 0.27% or $0.02 during the last trading session, reaching $7.39. About 4.35M shares traded. Pandora Media, Inc. (NYSE:P) has declined 55.28% since May 19, 2017 and is downtrending. It has underperformed by 66.83% the S&P500.

Lord Abbett & Company decreased its stake in Loxo Oncology Inc Com (LOXO) by 27.14% based on its latest 2017Q4 regulatory filing with the SEC. Lord Abbett & Company sold 205,568 shares as the company’s stock rose 30.92% while stock markets declined. The institutional investor held 551,808 shares of the health care company at the end of 2017Q4, valued at $46.45M, down from 757,376 at the end of the previous reported quarter. Lord Abbett & Company who had been investing in Loxo Oncology Inc Com for a number of months, seems to be less bullish one the $5.13 billion market cap company. The stock increased 1.74% or $2.91 during the last trading session, reaching $170.44. About 762,287 shares traded or 71.13% up from the average. Loxo Oncology, Inc. (NASDAQ:LOXO) has risen 146.80% since May 19, 2017 and is uptrending. It has outperformed by 135.25% the S&P500.

Investors sentiment increased to 1.04 in 2017 Q4. Its up 0.12, from 0.92 in 2017Q3. It is positive, as 59 investors sold P shares while 46 reduced holdings. 44 funds opened positions while 65 raised stakes. 233.88 million shares or 17.29% less from 282.75 million shares in 2017Q3 were reported. Moreover, Commerzbank Aktiengesellschaft Fi has 0.02% invested in Pandora Media, Inc. (NYSE:P). Dubuque Savings Bank Communications has invested 0% in Pandora Media, Inc. (NYSE:P). 47,655 were reported by Quinn Opportunity Limited Liability Com. Jump Trading Ltd Liability has invested 0.01% in Pandora Media, Inc. (NYSE:P). Global X Mgmt Lc holds 303,842 shares. Bancorporation Of Montreal Can holds 0% of its portfolio in Pandora Media, Inc. (NYSE:P) for 378,425 shares. Quantbot Technologies Limited Partnership, New York-based fund reported 96,440 shares. Balyasny Asset Ltd Liability Co has invested 0% in Pandora Media, Inc. (NYSE:P). Nj State Employees Deferred Compensation Plan owns 100,000 shares for 0.08% of their portfolio. 19,682 were reported by Qcm Cayman Ltd. The United Kingdom-based Gsa Capital Ptnrs Llp has invested 0% in Pandora Media, Inc. (NYSE:P). Firsthand Capital Management Incorporated reported 0.71% stake. 265,597 are held by D E Shaw And Co Inc. Empyrean Cap LP reported 2.00 million shares. Geode Cap Mngmt Limited Liability Company reported 1.93 million shares stake.

More important recent Pandora Media, Inc. (NYSE:P) news were published by: 247Wallst.com which released: “What to Watch For in Pandora Earnings” on May 03, 2018, also Benzinga.com published article titled: “How Pandora Premium Access Is Faring As Competition Intensifies”, Seekingalpha.com published: “Pandora: Too High, Too Fast” on May 11, 2018. More interesting news about Pandora Media, Inc. (NYSE:P) was released by: Seekingalpha.com and their article: “Pandora Spikes On Subscription Numbers” with publication date: May 05, 2018.

Since February 16, 2018, it had 0 buys, and 6 insider sales for $460,893 activity. Trimble John sold 12,699 shares worth $64,322. On Friday, February 16 the insider Robinson Kristen sold $57,757. BENE STEPHEN G also sold $57,033 worth of Pandora Media, Inc. (NYSE:P) on Friday, February 16. GERBITZ DAVID had sold 10,135 shares worth $51,335.

Among 40 analysts covering Pandora Media (NYSE:P), 15 have Buy rating, 2 Sell and 23 Hold. Therefore 38% are positive. Pandora Media had 157 analyst reports since July 24, 2015 according to SRatingsIntel. On Friday, November 3 the stock rating was maintained by FBR Capital with “Hold”. The company was upgraded on Monday, October 26 by Macquarie Research. SunTrust downgraded the shares of P in report on Friday, November 3 to “Hold” rating. On Friday, November 3 the stock rating was downgraded by J.P. Morgan to “Hold”. The stock of Pandora Media, Inc. (NYSE:P) earned “Mkt Perform” rating by FBR Capital on Wednesday, October 26. The stock of Pandora Media, Inc. (NYSE:P) has “Buy” rating given on Thursday, June 9 by Axiom Capital. Morgan Stanley maintained it with “Equal-Weight” rating and $12 target in Tuesday, February 9 report. The stock of Pandora Media, Inc. (NYSE:P) earned “Hold” rating by Macquarie Research on Monday, June 26. FBR Capital upgraded the stock to “Buy” rating in Friday, May 4 report. The company was maintained on Wednesday, June 14 by Needham.

Among 11 analysts covering Loxo Oncology Inc (NASDAQ:LOXO), 10 have Buy rating, 1 Sell and 0 Hold. Therefore 91% are positive. Loxo Oncology Inc had 38 analyst reports since July 29, 2015 according to SRatingsIntel. IFS Securities upgraded the shares of LOXO in report on Tuesday, November 14 to “Strong Buy” rating. Morgan Stanley maintained Loxo Oncology, Inc. (NASDAQ:LOXO) on Monday, June 19 with “Buy” rating. Stifel Nicolaus maintained the shares of LOXO in report on Tuesday, August 8 with “Buy” rating. The stock of Loxo Oncology, Inc. (NASDAQ:LOXO) earned “Buy” rating by Stifel Nicolaus on Wednesday, November 11. BTIG Research maintained the stock with “Buy” rating in Wednesday, December 20 report. The stock has “Equal-Weight” rating by Morgan Stanley on Wednesday, March 21. The company was maintained on Friday, October 20 by Citigroup. Citigroup maintained it with “Buy” rating and $25 target in Wednesday, March 16 report. As per Tuesday, August 4, the company rating was maintained by Oppenheimer. Cowen & Co maintained Loxo Oncology, Inc. (NASDAQ:LOXO) on Monday, June 5 with “Buy” rating.

Lord Abbett & Company, which manages about $35.15 billion US Long portfolio, upped its stake in Cummins Inc Com (NYSE:CMI) by 38,800 shares to 496,000 shares, valued at $87.61 million in 2017Q4, according to the filing. It also increased its holding in Okta Inc Cl A by 86,111 shares in the quarter, for a total of 312,152 shares, and has risen its stake in Alphabet Inc Cap Stk Cl A.

Investors sentiment decreased to 0.97 in Q4 2017. Its down 0.76, from 1.73 in 2017Q3. It dived, as 29 investors sold LOXO shares while 43 reduced holdings. 23 funds opened positions while 47 raised stakes. 124.82 million shares or 329.48% more from 29.06 million shares in 2017Q3 were reported. Royal Retail Bank Of Canada accumulated 0% or 226 shares. 35,700 are owned by Swiss Savings Bank. Landscape Capital Ltd Llc invested 0.05% in Loxo Oncology, Inc. (NASDAQ:LOXO). Axiom Investors Lc De holds 0.05% or 23,117 shares in its portfolio. Tocqueville Asset Management Lp reported 4,000 shares. Opus Point Partners Mngmt Limited Liability Co owns 1.01% invested in Loxo Oncology, Inc. (NASDAQ:LOXO) for 13,800 shares. Lord Abbett & Limited Com holds 0.13% of its portfolio in Loxo Oncology, Inc. (NASDAQ:LOXO) for 551,808 shares. Prelude Cap Limited Com invested in 0% or 361 shares. Metropolitan Life Insurance New York has invested 0.01% of its portfolio in Loxo Oncology, Inc. (NASDAQ:LOXO). Smith Asset Mngmt Grp Lp holds 0.01% of its portfolio in Loxo Oncology, Inc. (NASDAQ:LOXO) for 4,430 shares. Moreover, Gam Holding Ag has 0.14% invested in Loxo Oncology, Inc. (NASDAQ:LOXO). Dafna Cap Mgmt Ltd Liability Company invested 13.42% in Loxo Oncology, Inc. (NASDAQ:LOXO). Virtu Financial Ltd Company reported 10,109 shares. Victory Cap Management holds 450,947 shares. Pictet Asset Mgmt Ltd invested in 0.05% or 220,764 shares.

Since December 8, 2017, it had 0 insider purchases, and 23 selling transactions for $76.68 million activity. $1.45 million worth of Loxo Oncology, Inc. (NASDAQ:LOXO) was sold by Bilenker Joshua H.. $296,912 worth of Loxo Oncology, Inc. (NASDAQ:LOXO) shares were sold by Van Naarden Jacob. 250,000 Loxo Oncology, Inc. (NASDAQ:LOXO) shares with value of $20.13M were sold by AISLING CAPITAL III LP. Another trade for 250,000 shares valued at $20.63M was sold by ORBIMED ADVISORS LLC. Naider Avi Z. also sold $1.50 million worth of Loxo Oncology, Inc. (NASDAQ:LOXO) shares. The insider Kunkel Lori Anne sold $663,378.

Pandora Media, Inc. (NYSE:P) Institutional Positions Chart

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