Asbury Automotive Group, Inc. (ABG) Is At $55.20 Formed Wedge; Profile of 1 Analysts Covering Neonode, (NEON)

July 31, 2017 - By Clifton Ray

Asbury Automotive Group, Inc. (ABG) formed wedge down with $50.78 target or 8.00% below today’s $55.20 share price. Asbury Automotive Group, Inc. (ABG) has $1.15 billion valuation. The stock increased 2.32% or $1.25 on July 28, reaching $55.2. About shares traded. Asbury Automotive Group, Inc. (NYSE:ABG) has risen 7.55% since July 31, 2016 and is uptrending. It has underperformed by 9.15% the S&P500.

Among 2 analysts covering Neonode (NASDAQ:NEON), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 50% are positive. Neonode had 3 analyst reports since August 7, 2015 according to SRatingsIntel. On Tuesday, September 22 the stock rating was downgraded by Zacks to “Sell”. The stock has “Sell” rating by Zacks on Tuesday, August 25. Ascendiant Capital Markets maintained Neonode, Inc (NASDAQ:NEON) on Friday, August 7 with “Buy” rating. See Neonode, Inc (NASDAQ:NEON) latest ratings:

Neonode Inc., formerly SBE, Inc., develops and licenses user interfaces and optical infrared touch solutions. The company has market cap of $57.15 million. The Company’s technology offers multiple features, including the ability to sense an object’s size, depth, velocity, pressure and proximity to any type of surface. It currently has negative earnings. It operates through the touch technology licensing business segment.

Investors sentiment decreased to 0.62 in Q4 2016. Its down 0.68, from 1.3 in 2016Q3. It is negative, as 8 investors sold Neonode, Inc shares while 5 reduced holdings. 3 funds opened positions while 5 raised stakes. 9.74 million shares or 5.21% less from 10.28 million shares in 2016Q3 were reported. Essex Mngmt Ltd Liability holds 0.21% of its portfolio in Neonode, Inc (NASDAQ:NEON) for 696,000 shares. Grp One Trading L P holds 8,672 shares. Parkside Bancorporation & Tru holds 0.01% of its portfolio in Neonode, Inc (NASDAQ:NEON) for 10,521 shares. Vanguard Group reported 1.47 million shares. Oppenheimer Com Inc has invested 0% in Neonode, Inc (NASDAQ:NEON). Savings Bank Of Mellon holds 0% or 23,380 shares. Blackrock Advisors Ltd Co invested in 12,904 shares or 0% of the stock. Blackrock Institutional Na accumulated 0% or 999,935 shares. State Street stated it has 0% in Neonode, Inc (NASDAQ:NEON). Moreover, Blackrock Investment Management Ltd Llc has 0% invested in Neonode, Inc (NASDAQ:NEON). The Illinois-based Northern Trust Corp has invested 0% in Neonode, Inc (NASDAQ:NEON). California Employees Retirement System invested 0% in Neonode, Inc (NASDAQ:NEON). Lincoln Llc owns 163,700 shares. Awm Invest holds 1.32% or 3.67 million shares in its portfolio. Tower Ltd Company (Trc) has 0% invested in Neonode, Inc (NASDAQ:NEON) for 598 shares.

The stock increased 4.00% or $0.04 on July 28, reaching $1.17. About shares traded. Neonode, Inc (NASDAQ:NEON) has declined 22.81% since July 31, 2016 and is downtrending. It has underperformed by 39.51% the S&P500.

Since February 8, 2017, it had 0 buys, and 6 insider sales for $2.67 million activity. The insider Villasana George A sold 13,004 shares worth $846,690. On Tuesday, May 30 the insider Karolis George sold $153,553. Shares for $716,718 were sold by Hult David W on Monday, June 12. Style Keith sold $665,000 worth of stock. The insider DELOACH THOMAS C JR sold $99,219.