Alexandria Capital Has Lowered Paychex (PAYX) Position, Nokomis Capital Has Raised Intest (INTT) Position

June 6, 2017 - By wolcottdaily

Nokomis Capital Llc increased Intest Corp (INTT) stake by 12.14% reported in 2016Q4 SEC filing. Nokomis Capital Llc acquired 125,115 shares as Intest Corp (INTT)’s stock rose 60.00%. The Nokomis Capital Llc holds 1.16M shares with $5.32 million value, up from 1.03 million last quarter. Intest Corp now has $81.14 million valuation. It closed at $8 lastly. It is down 107.79% since June 6, 2016 and is uptrending. It has outperformed by 91.09% the S&P500.

Alexandria Capital Llc decreased Paychex Inc (PAYX) stake by 54.35% reported in 2016Q4 SEC filing. Alexandria Capital Llc sold 14,840 shares as Paychex Inc (PAYX)’s stock declined 2.74%. The Alexandria Capital Llc holds 12,465 shares with $759,000 value, down from 27,305 last quarter. Paychex Inc now has $21.53B valuation. It closed at $59.6 lastly. It is down 11.22% since June 6, 2016 and is uptrending. It has underperformed by 5.48% the S&P500.

Analysts await Paychex, Inc. (NASDAQ:PAYX) to report earnings on June, 29. They expect $0.53 earnings per share, up 8.16% or $0.04 from last year’s $0.49 per share. PAYX’s profit will be $191.46M for 28.11 P/E if the $0.53 EPS becomes a reality. After $0.55 actual earnings per share reported by Paychex, Inc. for the previous quarter, Wall Street now forecasts -3.64% negative EPS growth.

Investors sentiment decreased to 0.98 in Q4 2016. Its down 0.08, from 1.06 in 2016Q3. It dropped, as 48 investors sold PAYX shares while 288 reduced holdings. 71 funds opened positions while 258 raised stakes. 237.57 million shares or 1.21% less from 240.49 million shares in 2016Q3 were reported. Jane Street Gp Ltd Liability Corp stated it has 0% of its portfolio in Paychex, Inc. (NASDAQ:PAYX). Shell Asset Mngmt has invested 0.27% in Paychex, Inc. (NASDAQ:PAYX). 37,399 are owned by Nordea Investment Mgmt. Callahan Advsrs Lc invested 1.94% of its portfolio in Paychex, Inc. (NASDAQ:PAYX). Cadence Cap Mngmt Ltd Liability owns 0.38% invested in Paychex, Inc. (NASDAQ:PAYX) for 88,889 shares. Weatherstone Mgmt holds 0.33% or 8,320 shares. Granite Inv Prtnrs Limited Liability Company holds 0.05% or 10,125 shares in its portfolio. South Dakota Inv Council stated it has 26,890 shares. Arrow Corp invested 0.1% in Paychex, Inc. (NASDAQ:PAYX). Horrell Cap Mngmt reported 3,000 shares stake. Carlton Hofferkamp & Jenks Wealth Limited Co holds 13,962 shares. Shelton holds 59,243 shares. Moreover, Oregon Public Employees Retirement Fund has 0.11% invested in Paychex, Inc. (NASDAQ:PAYX) for 84,372 shares. Navellier & Assoc Incorporated invested in 19,121 shares or 0.19% of the stock. Aberdeen Asset Mgmt Public Limited Co Uk has 0.07% invested in Paychex, Inc. (NASDAQ:PAYX) for 299,219 shares.

Since January 10, 2017, it had 0 insider purchases, and 7 insider sales for $5.49 million activity. Shares for $587,600 were sold by Vossler Jennifer R. on Friday, May 5. $1.13 million worth of stock was sold by JOSEPH PAMELA A on Tuesday, January 10. FLASCHEN DAVID J S sold $625,763 worth of Paychex, Inc. (NASDAQ:PAYX) on Tuesday, January 17. 10,850 shares were sold by DOODY JOSEPH, worth $667,058 on Wednesday, January 25. INMAN GRANT M sold $615,269 worth of stock. Gioja Michael E also sold $1.50 million worth of Paychex, Inc. (NASDAQ:PAYX) shares.

Among 12 analysts covering Paychex (NASDAQ:PAYX), 2 have Buy rating, 4 Sell and 6 Hold. Therefore 17% are positive. Paychex had 16 analyst reports since August 14, 2015 according to SRatingsIntel. The stock of Paychex, Inc. (NASDAQ:PAYX) earned “Sell” rating by Citigroup on Thursday, March 31. The rating was maintained by JP Morgan on Friday, August 14 with “Neutral”. The stock has “Neutral” rating by Sterne Agee CRT on Thursday, December 17. The firm has “Mkt Perform” rating given on Wednesday, January 11 by Bernstein. The rating was maintained by Argus Research with “Buy” on Thursday, December 24. Bank of America downgraded the shares of PAYX in report on Thursday, January 7 to “Underperform” rating. The firm has “Hold” rating given on Friday, September 4 by Zacks. On Thursday, October 1 the stock rating was maintained by RBC Capital Markets with “Underperform”. The rating was maintained by Compass Point on Thursday, December 22 with “Sell”. The firm has “Neutral” rating given on Friday, September 9 by Wedbush.

Since December 7, 2016, it had 0 insider purchases, and 8 selling transactions for $2.29 million activity. Shares for $625,039 were sold by HOLT ALYN R. MATTHIESSEN ROBERT E sold $159,960 worth of inTEST Corporation (NYSEMKT:INTT) on Friday, May 12. 16,903 shares were sold by SATTERFIELD THOMAS A JR, worth $110,065 on Wednesday, March 15. 24,775 shares were bought by Nokomis Capital – L.L.C., worth $102,814 on Wednesday, December 7.