American Superconductor (AMSC) Reaches $3.90 After 3.00% Down Move; Banc Funds Co Increased By $1.08 Million Its First Foundation (FFWM) Holding

September 8, 2017 - By Vivian Currie

Banc Funds Co Llc increased First Foundation Inc. (FFWM) stake by 12.6% reported in 2016Q4 SEC filing. Banc Funds Co Llc acquired 38,509 shares as First Foundation Inc. (FFWM)’s stock declined 3.74%. The Banc Funds Co Llc holds 344,099 shares with $9.81M value, up from 305,590 last quarter. First Foundation Inc. now has $564.26 million valuation. The stock rose 0.65% or $0.1 reaching $16.27 per share. About 16,561 shares traded. First Foundation Inc (NASDAQ:FFWM) has risen 43.47% since September 8, 2016 and is uptrending. It has outperformed by 26.77% the S&P500.

The stock of American Superconductor Corporation (NASDAQ:AMSC) is a huge mover today! About 99,675 shares traded. American Superconductor Corporation (NASDAQ:AMSC) has declined 61.56% since September 8, 2016 and is downtrending. It has underperformed by 78.26% the S&P500.The move comes after 6 months negative chart setup for the $75.83 million company. It was reported on Sep, 8 by Barchart.com. We have $3.78 PT which if reached, will make NASDAQ:AMSC worth $2.27M less.

Among 3 analysts covering First Foundation (NASDAQ:FFWM), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. First Foundation had 9 analyst reports since October 23, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Friday, July 29 by FBR Capital. FBR Capital downgraded the shares of FFWM in report on Tuesday, December 20 to “Mkt Perform” rating. On Friday, October 28 the stock rating was maintained by FBR Capital with “Outperform”. On Monday, July 17 the stock rating was maintained by FBR Capital with “Buy”. The firm has “Outperform” rating by FBR Capital given on Thursday, June 22. The stock of First Foundation Inc (NASDAQ:FFWM) has “Outperform” rating given on Friday, July 1 by FBR Capital.

Investors sentiment decreased to 1.52 in 2016 Q4. Its down 5.08, from 6.6 in 2016Q3. It turned negative, as 9 investors sold FFWM shares while 14 reduced holdings. 18 funds opened positions while 29 raised stakes. 8.12 million shares or 10.34% less from 9.05 million shares in 2016Q3 were reported. First Limited Partnership holds 42,375 shares or 0% of its portfolio. Moreover, Emerald Mutual Fund Advisers has 0.19% invested in First Foundation Inc (NASDAQ:FFWM) for 142,037 shares. The Pennsylvania-based Susquehanna Interest Group Ltd Liability Partnership has invested 0% in First Foundation Inc (NASDAQ:FFWM). Trexquant Invest LP stated it has 18,473 shares or 0.08% of all its holdings. Banc Funds Com Llc holds 0.42% in First Foundation Inc (NASDAQ:FFWM) or 344,099 shares. Dimensional Fund Advsrs Ltd Partnership holds 113,919 shares or 0% of its portfolio. D E Shaw & holds 30,097 shares or 0% of its portfolio. Stifel Fincl invested in 0.01% or 45,000 shares. California-based Money Management has invested 0.22% in First Foundation Inc (NASDAQ:FFWM). Northpointe Cap Ltd Liability accumulated 98,716 shares. Boston Prns invested in 0.02% or 558,420 shares. Jpmorgan Chase & Com owns 28,312 shares. Deutsche Savings Bank Ag reported 0.01% stake. Vanguard Incorporated owns 518,079 shares for 0% of their portfolio. Oxford Asset Management stated it has 11,258 shares or 0.02% of all its holdings.

Since March 31, 2017, it had 0 buys, and 4 selling transactions for $879,650 activity. $155,100 worth of stock was sold by KELLER ULRICH E. JR on Friday, March 31. The insider MICHEL JOHN sold $494,100.

Banc Funds Co Llc decreased Banner Corporation (NASDAQ:BANR) stake by 15,000 shares to 66,293 valued at $3.70 million in 2016Q4. It also reduced Farmers National Banc Corp. (NASDAQ:FMNB) stake by 37,764 shares and now owns 338,334 shares. Old Line Bancshares Inc. (NASDAQ:OLBK) was reduced too.