Clearbridge Has Boosted Gentex (GNTX) Stake; 1 Analysts Covering Westell Technologies, Inc. (WSTL)

February 7, 2018 - By Nellie Frank

Among 2 analysts covering Westell Technologies (NASDAQ:WSTL), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 50% are positive. Westell Technologies had 4 analyst reports since September 2, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Monday, September 28 by Northland Capital. Northland Capital maintained Westell Technologies, Inc. (NASDAQ:WSTL) on Friday, August 11 with “Buy” rating. As per Wednesday, September 2, the company rating was downgraded by Zacks. Northland Capital maintained the shares of WSTL in report on Friday, November 3 with “Buy” rating. See Westell Technologies, Inc. (NASDAQ:WSTL) latest ratings:

03/11/2017 Broker: Northland Capital Rating: Buy New Target: $5.75 Maintain
11/08/2017 Broker: Northland Capital Rating: Buy New Target: $5.7500 Maintain

Clearbridge Llc increased Gentex Corp (GNTX) stake by 9.14% reported in 2017Q3 SEC filing. Clearbridge Llc acquired 63,550 shares as Gentex Corp (GNTX)’s stock declined 8.68%. The Clearbridge Llc holds 758,466 shares with $15.02 million value, up from 694,916 last quarter. Gentex Corp now has $6.42B valuation. The stock increased 1.03% or $0.23 during the last trading session, reaching $22.62. About 2.08 million shares traded. Gentex Corporation (NASDAQ:GNTX) has risen 19.63% since February 7, 2017 and is uptrending. It has outperformed by 2.93% the S&P500.

Westell Technologies, Inc., through its subsidiary, Westell, Inc., creates and distributes telecommunications products to telephone companies in the United States. The company has market cap of $48.03 million. The firm operates through three divisions: In-Building Wireless , Intelligent Site Management and Services (ISMS), and Communications Network Solutions (CNS). It currently has negative earnings. The IBW segment offers distributed antenna systems conditioners; repeaters; battery backup units; and system components and antennas, including couplers, duplexers, splitters, filters, and tappers for commercial and public safety in-building wireless systems.

The stock increased 2.87% or $0.086 during the last trading session, reaching $3.086. About 17,634 shares traded. Westell Technologies, Inc. (NASDAQ:WSTL) has declined 30.72% since February 7, 2017 and is downtrending. It has underperformed by 47.42% the S&P500.

Investors sentiment increased to 1.24 in 2017 Q3. Its up 0.32, from 0.92 in 2017Q2. It improved, as 35 investors sold GNTX shares while 109 reduced holdings. 41 funds opened positions while 137 raised stakes. 224.48 million shares or 0.88% less from 226.47 million shares in 2017Q2 were reported. Walleye Trading Limited Co accumulated 71,976 shares or 0.01% of the stock. Wellington Shields Mngmt Limited Liability Company holds 12,800 shares. Birch Hill Invest Advsrs Llc reported 2.19M shares. Commonwealth Equity Service has invested 0% in Gentex Corporation (NASDAQ:GNTX). Northern Tru Corporation has invested 0.01% of its portfolio in Gentex Corporation (NASDAQ:GNTX). 22,681 are held by Zurcher Kantonalbank (Zurich Cantonalbank). Great Lakes Ltd Co holds 122,201 shares or 0.06% of its portfolio. Hillsdale Mgmt Incorporated reported 390 shares. Bancorpsouth reported 28,866 shares. Highvista Strategies Ltd Limited Liability Company accumulated 21,400 shares. Disciplined Growth Invsts Incorporated Mn accumulated 4.30M shares. Rhumbline Advisers stated it has 745,276 shares or 0.03% of all its holdings. The Maryland-based Hussman Strategic Inc has invested 0.48% in Gentex Corporation (NASDAQ:GNTX). Los Angeles Mgmt & Equity Rech Incorporated has invested 0.01% of its portfolio in Gentex Corporation (NASDAQ:GNTX). California Employees Retirement holds 596,783 shares or 0.02% of its portfolio.

Clearbridge Llc decreased Wells Fargo Co New (NYSE:WFC) stake by 107,840 shares to 2.16M valued at $118.95M in 2017Q3. It also reduced Assured Guaranty Ltd (NYSE:AGO) stake by 64,110 shares and now owns 321,951 shares. Intercontinental Exchange In (NYSE:ICE) was reduced too.

Since September 27, 2017, it had 0 insider purchases, and 8 selling transactions for $2.88 million activity. $280,776 worth of Gentex Corporation (NASDAQ:GNTX) shares were sold by Wallace James H. 7,874 shares were sold by Nash Kevin C, worth $184,282. $280,968 worth of Gentex Corporation (NASDAQ:GNTX) shares were sold by GOODE GARY F. $611,341 worth of Gentex Corporation (NASDAQ:GNTX) shares were sold by MULDER JOHN A. Another trade for 8,000 shares valued at $157,582 was sold by Downing Steven R. Shares for $170,823 were sold by Ryan Scott P. $1.11 million worth of Gentex Corporation (NASDAQ:GNTX) was sold by Hoekstra Peter on Monday, January 29.

Among 7 analysts covering Gentex Corp (NASDAQ:GNTX), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Gentex Corp had 19 analyst reports since October 20, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird with “Buy” on Friday, October 20. FBR Capital maintained the stock with “Buy” rating in Wednesday, July 19 report. The firm has “Hold” rating given on Tuesday, January 23 by Robert W. Baird. KeyBanc Capital Markets maintained Gentex Corporation (NASDAQ:GNTX) on Thursday, October 12 with “Buy” rating. FBR Capital maintained the shares of GNTX in report on Friday, October 21 with “Outperform” rating. The rating was maintained by FBR Capital with “Buy” on Thursday, January 11. The firm has “Outperform” rating by Robert W. Baird given on Monday, October 23. The firm has “Buy” rating by KeyBanc Capital Markets given on Monday, November 13. The company was initiated on Monday, December 19 by Susquehanna. The stock of Gentex Corporation (NASDAQ:GNTX) earned “Hold” rating by Craig Hallum on Monday, July 24.