As Euronet Worldwide (EEFT) Shares Rose, Crosslink Capital Has Trimmed Position; Alibaba Group Hldg LTD (BABA) Holder Passport Capital Has Increased Holding by $544,724

February 15, 2018 - By Clifton Ray

Seymour Sy Kaufman decreased its stake in Euronet Worldwide (EEFT) by 32.24% based on its latest 2017Q3 regulatory filing with the SEC. Crosslink Capital Inc sold 78,830 shares as the company’s stock rose 1.88% with the market. The hedge fund run by Seymour Sy Kaufman held 165,661 shares of the finance company at the end of 2017Q3, valued at $15.70 million, down from 244,491 at the end of the previous reported quarter. Crosslink Capital Inc who had been investing in Euronet Worldwide for a number of months, seems to be less bullish one the $4.34 billion market cap company. The stock increased 4.31% or $3.4 during the last trading session, reaching $82.29. About 508,372 shares traded. Euronet Worldwide, Inc. (NASDAQ:EEFT) has risen 8.96% since February 15, 2017 and is uptrending. It has underperformed by 7.74% the S&P500.

John Burbank increased its stake in Alibaba Group Hldg Ltd (BABA) by 1.79% based on its latest 2017Q3 regulatory filing with the SEC. Passport Capital Llc bought 3,167 shares as the company’s stock rose 22.58% with the market. The hedge fund run by John Burbank held 180,452 shares of the business services company at the end of 2017Q3, valued at $31.17M, up from 177,285 at the end of the previous reported quarter. Passport Capital Llc who had been investing in Alibaba Group Hldg Ltd for a number of months, seems to be bullish on the $480.27 billion market cap company. The stock increased 0.22% or $0.4199 during the last trading session, reaching $187.1799. About 10.85 million shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 57.33% since February 15, 2017 and is uptrending. It has outperformed by 40.63% the S&P500.

Among 38 analysts covering Alibaba (NYSE:BABA), 36 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 168 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of Alibaba Group Holding Limited (NYSE:BABA) has “Overweight” rating given on Tuesday, June 28 by Morgan Stanley. The rating was maintained by M Partners with “Buy” on Wednesday, August 12. The rating was maintained by Stifel Nicolaus with “Buy” on Tuesday, August 15. The firm earned “Overweight” rating on Friday, August 12 by JP Morgan. The firm earned “Buy” rating on Thursday, November 2 by RBC Capital Markets. As per Thursday, December 8, the company rating was reinitiated by Morgan Stanley. Macquarie Research maintained it with “Outperform” rating and $200 target in Friday, August 18 report. As per Monday, June 12, the company rating was maintained by Deutsche Bank. The firm has “Buy” rating by Cantor Fitzgerald given on Wednesday, September 9. The stock has “Buy” rating by Needham on Thursday, October 20.

Passport Capital Llc, which manages about $4.54 billion and $362.25M US Long portfolio, decreased its stake in Parsley Energy Inc (NYSE:PE) by 1.11M shares to 1.27M shares, valued at $33.36M in 2017Q3, according to the filing. It also reduced its holding in Advanced Micro Devices Inc (NASDAQ:AMD) by 1.90M shares in the quarter, leaving it with 617,341 shares, and cut its stake in Jd Com Inc (NASDAQ:JD).

Crosslink Capital Inc, which manages about $2.09 billion and $589.12M US Long portfolio, upped its stake in Electronic Arts (NASDAQ:EA) by 29,510 shares to 165,470 shares, valued at $19.54 million in 2017Q3, according to the filing. It also increased its holding in Carbonite (NASDAQ:CARB) by 87,900 shares in the quarter, for a total of 1.31 million shares, and has risen its stake in Zendesk Inc (NYSE:ZEN).

Since August 30, 2017, it had 0 buys, and 8 sales for $25.31 million activity. WELLER RICK sold 12,400 shares worth $1.14 million. Another trade for 10,276 shares valued at $999,867 was made by OLECHOWSKI ANDREJ on Thursday, September 7. On Friday, October 20 Brown Michael J sold $6.36M worth of Euronet Worldwide, Inc. (NASDAQ:EEFT) or 63,538 shares. Caponecchi Kevin J sold $4.81M worth of stock.

Among 10 analysts covering Euronet Worldwide (NASDAQ:EEFT), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Euronet Worldwide had 21 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Avondale with “Market Outperform” on Wednesday, April 27. SunTrust maintained the stock with “Buy” rating in Friday, October 6 report. The stock of Euronet Worldwide, Inc. (NASDAQ:EEFT) has “Buy” rating given on Thursday, October 19 by Northland Capital. The firm earned “Buy” rating on Friday, October 20 by Piper Jaffray. The firm has “Buy” rating given on Wednesday, September 13 by Northland Capital. The rating was maintained by Piper Jaffray on Wednesday, February 7 with “Buy”. On Thursday, January 18 the stock rating was maintained by Piper Jaffray with “Buy”. William Blair downgraded the shares of EEFT in report on Monday, December 18 to “Market Perform” rating. As per Thursday, February 11, the company rating was upgraded by Avondale. The stock of Euronet Worldwide, Inc. (NASDAQ:EEFT) has “Buy” rating given on Wednesday, September 2 by Piper Jaffray.

Investors sentiment increased to 1.3 in 2017 Q3. Its up 0.30, from 1 in 2017Q2. It improved, as 12 investors sold EEFT shares while 87 reduced holdings. 44 funds opened positions while 85 raised stakes. 47.88 million shares or 0.66% more from 47.57 million shares in 2017Q2 were reported. Moreover, Next Fincl Group Inc has 0% invested in Euronet Worldwide, Inc. (NASDAQ:EEFT) for 67 shares. Profit Mgmt Limited invested 1.15% of its portfolio in Euronet Worldwide, Inc. (NASDAQ:EEFT). Intrust National Bank & Trust Na, a Kansas-based fund reported 2,420 shares. Natixis owns 8,425 shares for 0.01% of their portfolio. Loring Wolcott & Coolidge Fiduciary Advsr Ltd Liability Partnership Ma accumulated 11,995 shares. Cantab Prtnrs Limited Liability Partnership reported 0.43% of its portfolio in Euronet Worldwide, Inc. (NASDAQ:EEFT). Ngam Advsr Limited Partnership has 0.03% invested in Euronet Worldwide, Inc. (NASDAQ:EEFT). Colorado-based Icon Advisers has invested 0.13% in Euronet Worldwide, Inc. (NASDAQ:EEFT). Villere St Denis J And Co Lc owns 889,783 shares. Putnam Investments Limited Company holds 0.01% or 40,258 shares in its portfolio. The Massachusetts-based Loomis Sayles Company Limited Partnership has invested 0.14% in Euronet Worldwide, Inc. (NASDAQ:EEFT). Ellington Mgmt Grp Limited Liability Company holds 2,500 shares. Benjamin F Edwards Company Inc stated it has 700 shares or 0.01% of all its holdings. Oak Ridge Ltd Company holds 1.68% or 437,091 shares. 424,816 are held by Glenmede Trust Na.

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