Cortland Advisers Stake in American Electric Power Co (AEP) Has Cut by $469,280 as Stock Price Rose; Arbiter Partners Capital Management Trimmed Its Extreme Networks (EXTR) Position by $4.79 Million as Stock Value Rose

February 20, 2018 - By Nellie Frank

Paul J. Isaac decreased its stake in Extreme Networks Inc (EXTR) by 94.97% based on its latest 2017Q3 regulatory filing with the SEC. Arbiter Partners Capital Management Llc sold 435,505 shares as the company’s stock rose 43.62% with the market. The hedge fund run by Paul J. Isaac held 23,049 shares of the technology company at the end of 2017Q3, valued at $274,000, down from 458,554 at the end of the previous reported quarter. Arbiter Partners Capital Management Llc who had been investing in Extreme Networks Inc for a number of months, seems to be less bullish one the $1.39B market cap company. The stock decreased 1.15% or $0.14 during the last trading session, reaching $12.05. About 1.56M shares traded. Extreme Networks, Inc. (NASDAQ:EXTR) has risen 157.68% since February 20, 2017 and is uptrending. It has outperformed by 140.98% the S&P500.

Cortland Advisers Llc decreased its stake in American Electric Power Co Inc (AEP) by 3.04% based on its latest 2017Q3 regulatory filing with the SEC. Cortland Advisers Llc sold 6,704 shares as the company’s stock rose 7.19% with the market. The institutional investor held 213,532 shares of the public utilities company at the end of 2017Q3, valued at $15.00 million, down from 220,236 at the end of the previous reported quarter. Cortland Advisers Llc who had been investing in American Electric Power Co Inc for a number of months, seems to be less bullish one the $33.08 billion market cap company. The stock increased 0.87% or $0.58 during the last trading session, reaching $67.26. About 3.56 million shares traded or 10.04% up from the average. American Electric Power Company, Inc. (NYSE:AEP) has risen 7.63% since February 20, 2017 and is uptrending. It has underperformed by 9.07% the S&P500.

Among 6 analysts covering Extreme Networks Inc (NASDAQ:EXTR), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Extreme Networks Inc had 15 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, September 15 by Wunderlich. The stock of Extreme Networks, Inc. (NASDAQ:EXTR) earned “Buy” rating by JMP Securities on Wednesday, January 3. The firm has “Buy” rating by Needham given on Monday, September 19. As per Wednesday, February 7, the company rating was maintained by Needham. The stock of Extreme Networks, Inc. (NASDAQ:EXTR) earned “Buy” rating by Craig Hallum on Wednesday, November 8. Zacks upgraded it to “Hold” rating and $3.25 target in Friday, August 14 report. The firm has “Buy” rating given on Thursday, September 15 by DA Davidson. As per Tuesday, February 6, the company rating was maintained by Cowen & Co. DA Davidson maintained Extreme Networks, Inc. (NASDAQ:EXTR) on Wednesday, February 7 with “Buy” rating. The stock of Extreme Networks, Inc. (NASDAQ:EXTR) earned “Buy” rating by Needham on Friday, June 2.

Investors sentiment decreased to 0.97 in 2017 Q3. Its down 0.20, from 1.17 in 2017Q2. It is negative, as 20 investors sold EXTR shares while 67 reduced holdings. 27 funds opened positions while 57 raised stakes. 90.45 million shares or 3.24% more from 87.61 million shares in 2017Q2 were reported. Redwood Invests Ltd Llc holds 428,542 shares or 0.58% of its portfolio. Lpl Lc reported 0% in Extreme Networks, Inc. (NASDAQ:EXTR). 1.37M are held by Northern Trust Corporation. State Common Retirement Fund holds 0% or 272,697 shares in its portfolio. Carl Domino holds 0.3% of its portfolio in Extreme Networks, Inc. (NASDAQ:EXTR) for 20,500 shares. Rhumbline Advisers accumulated 123,640 shares. Millennium Management Ltd Co owns 2.73 million shares or 0.05% of their US portfolio. Aqr Capital Mngmt Ltd Liability Corp invested in 0% or 142,395 shares. Bnp Paribas Arbitrage Sa owns 11,216 shares or 0% of their US portfolio. Manufacturers Life Insurance The holds 82,981 shares. The New York-based Engineers Gate Manager Lp has invested 0.02% in Extreme Networks, Inc. (NASDAQ:EXTR). Geode Cap Mgmt Ltd Limited Liability Company invested 0.01% in Extreme Networks, Inc. (NASDAQ:EXTR). Alliancebernstein Lp accumulated 2.16 million shares. Credit Suisse Ag holds 130,814 shares or 0% of its portfolio. Weiss Multi holds 200,000 shares or 0.09% of its portfolio.

Arbiter Partners Capital Management Llc, which manages about $1.06 billion and $896.54 million US Long portfolio, upped its stake in Great Elm Capital Group Inc by 230,073 shares to 1.15 million shares, valued at $4.08 million in 2017Q3, according to the filing. It also increased its holding in Aegean Marine Petroleum Netw (NYSE:ANW) by 713,931 shares in the quarter, for a total of 2.03 million shares, and has risen its stake in New Senior Investment Group (NYSE:SNR).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: