Envirostar (EVI) Reaches $34.60 52-Week High; Oberweis Asset Management Raised By $434,560 Its Carbonite (CARB) Position

September 5, 2017 - By Peter Erickson

The stock of Envirostar Inc (NYSEMKT:EVI) hit a new 52-week high and has $35.64 target or 3.00% above today’s $34.60 share price. The 9 months bullish chart indicates low risk for the $358.77 million company. The 1-year high was reported on Sep, 5 by Barchart.com. If the $35.64 price target is reached, the company will be worth $10.76M more. About 6,741 shares traded. Envirostar Inc (NYSEMKT:EVI) has risen 443.05% since September 5, 2016 and is uptrending. It has outperformed by 426.35% the S&P500.

Oberweis Asset Management Inc increased Carbonite Inc. (CARB) stake by 32.92% reported in 2016Q4 SEC filing. Oberweis Asset Management Inc acquired 27,160 shares as Carbonite Inc. (CARB)’s stock declined 1.53%. The Oberweis Asset Management Inc holds 109,660 shares with $1.80M value, up from 82,500 last quarter. Carbonite Inc. now has $554.59 million valuation. It is 0.00% or $0 reaching $19.95 per share. It is down 113.73% since September 5, 2016 and is uptrending. It has outperformed by 97.03% the S&P500.

EnviroStar, Inc., through its subsidiary, Steiner-Atlantic Corp., distributes commercial and industrial laundry and dry cleaning equipment, and steam and hot water boilers manufactured by others; supplies replacement parts and accessories, and provides maintenance services to its customers, and creates and plans turnkey laundry, dry cleaning and boiler systems for its institutional, retail, industrial and commercial customers. The company has market cap of $358.77 million. The Company, through its subsidiary, DRYCLEAN USA License Corp. owns rights to the name DRYCLEAN USA, which it franchises and licenses to retail drycleaners in the United States, the Caribbean and Latin America. It has a 112.84 P/E ratio. It sells a line of commercial and industrial laundry and dry cleaning equipment and steam and hot water boilers manufactured by others, as well as related replacement parts and accessories, and provides maintenance services.

Investors sentiment increased to 1.36 in 2016 Q4. Its up 0.04, from 1.32 in 2016Q3. It is positive, as 14 investors sold CARB shares while 34 reduced holdings. 41 funds opened positions while 48 raised stakes. 21.96 million shares or 13.46% more from 19.35 million shares in 2016Q3 were reported. Deutsche Financial Bank Ag, Germany-based fund reported 10,605 shares. Tudor Inv Et Al accumulated 16,158 shares or 0.01% of the stock. Strs Ohio owns 40,000 shares for 0% of their portfolio. Moreover, Citigroup has 0% invested in Carbonite Inc (NASDAQ:CARB). Cambridge Inv Advisors accumulated 25,375 shares or 0.01% of the stock. Raymond James Advsrs Inc invested in 0% or 15,388 shares. Engineers Gate Manager Ltd Partnership, a New York-based fund reported 37,200 shares. State Street owns 294,149 shares for 0% of their portfolio. Oppenheimer And Comm owns 13,247 shares. Omers Administration Corp has invested 0.01% in Carbonite Inc (NASDAQ:CARB). G2 Invest Prtnrs Mngmt Limited Liability stated it has 604,843 shares. Jpmorgan Chase & has 98,855 shares for 0% of their portfolio. Peak6 Invests Limited Partnership reported 11,738 shares. Putnam Investments Llc holds 155,128 shares. Pacad Invest reported 0.06% in Carbonite Inc (NASDAQ:CARB).

Since March 13, 2017, it had 0 insider buys, and 14 sales for $1.56 million activity. SHEER DANIELLE sold $223,271 worth of stock or 10,574 shares. FOLGER ANTHONY had sold 742 shares worth $14,284 on Friday, May 26. On Friday, May 5 Mellinger Paul S. sold $157,820 worth of Carbonite Inc (NASDAQ:CARB) or 7,500 shares. Guadagno Norman sold $162,320 worth of stock. $47,583 worth of Carbonite Inc (NASDAQ:CARB) shares were sold by HUDSON CASSANDRA.