Hudson Bay Capital Management LP Trimmed Cisco Systems (CSCO) Holding By $941,370, Pyxis Tankers (PXS) Shorts Increased By 400%

May 30, 2017 - By Michael Collier

Hudson Bay Capital Management Lp decreased Cisco Systems Inc (CSCO) stake by 42.18% reported in 2016Q4 SEC filing. Hudson Bay Capital Management Lp sold 31,379 shares as Cisco Systems Inc (CSCO)’s stock declined 7.50%. The Hudson Bay Capital Management Lp holds 43,009 shares with $1.30M value, down from 74,388 last quarter. Cisco Systems Inc now has $159.21B valuation. The stock rose 0.89% or $0.28 reaching $31.78. About 7.33 million shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since May 30, 2016 and is uptrending. It has underperformed by 3.50% the S&P500.

Pyxis Tankers Incorporated (NASDAQ:PXS) had an increase of 400% in short interest. PXS’s SI was 4,500 shares in May as released by FINRA. Its up 400% from 900 shares previously. With 18,300 avg volume, 0 days are for Pyxis Tankers Incorporated (NASDAQ:PXS)’s short sellers to cover PXS’s short positions. The SI to Pyxis Tankers Incorporated’s float is 0.02%. About 3,449 shares traded. Pyxis Tankers Inc (NASDAQ:PXS) has 0.00% since May 30, 2016 and is . It has underperformed by 16.70% the S&P500.

Hudson Bay Capital Management Lp increased Delta Air Lines Inc (Call) stake by 169,500 shares to 199,900 valued at $9.83M in 2016Q4. It also upped Laboratory Corp Amer Hldgs (NYSE:LH) stake by 70,600 shares and now owns 75,000 shares. Bank Amer Corp (NYSE:BAC) was raised too.

Investors sentiment decreased to 1.07 in 2016 Q4. Its down 0.02, from 1.09 in 2016Q3. It is negative, as 81 investors sold CSCO shares while 635 reduced holdings. 117 funds opened positions while 651 raised stakes. 3.60 billion shares or 0.42% more from 3.58 billion shares in 2016Q3 were reported. Banced Corp, a Illinois-based fund reported 12,468 shares. Arete Wealth Advisors Ltd Liability Com has 0.62% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 44,397 shares. Markel reported 0.23% in Cisco Systems, Inc. (NASDAQ:CSCO). Sand Hill Advsrs invested 0.04% in Cisco Systems, Inc. (NASDAQ:CSCO). Brandywine Glob Investment Mngmt Ltd Liability Corp has 9.27M shares. Moreover, Ssi Management has 0.04% invested in Cisco Systems, Inc. (NASDAQ:CSCO). 9,100 are owned by Northstar Asset Mgmt Ltd Liability Corporation. Compton Mngmt Inc Ri holds 206,679 shares or 3.27% of its portfolio. Concert Wealth Mgmt has invested 0.29% in Cisco Systems, Inc. (NASDAQ:CSCO). Factory Mutual Insurance owns 1.14% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 3.16M shares. Dubuque Comml Bank Trust invested 1.86% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Blackrock Incorporated has 13.46M shares for 0.58% of their portfolio. Roffman Miller Associates Pa reported 19,081 shares or 0.09% of all its holdings. Charter has 0.35% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Exane Derivatives holds 21,552 shares or 0% of its portfolio.

Since December 23, 2016, it had 1 buying transaction, and 8 selling transactions for $22.41 million activity. Walker Karen had sold 1,793 shares worth $54,525 on Friday, December 23. WEST STEVEN M had bought 3,027 shares worth $102,679. CHAMBERS JOHN T sold $9.31 million worth of stock or 295,537 shares. SARIN ARUN sold $472,436 worth of stock. On Wednesday, March 15 BHATT PRAT sold $537,050 worth of Cisco Systems, Inc. (NASDAQ:CSCO) or 15,672 shares. CHANDLER MARK D also sold $544,640 worth of Cisco Systems, Inc. (NASDAQ:CSCO) on Thursday, March 9. The insider Dedicoat Chris sold 34,597 shares worth $1.18M.

Among 31 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 19 have Buy rating, 1 Sell and 11 Hold. Therefore 61% are positive. Cisco Systems Inc. had 70 analyst reports since August 4, 2015 according to SRatingsIntel. On Monday, October 31 the stock rating was downgraded by OTR Global to “Mixed”. The rating was maintained by JP Morgan on Thursday, May 19 with “Neutral”. The rating was maintained by Credit Suisse with “Underperform” on Thursday, May 19. The rating was upgraded by Jefferies to “Buy” on Thursday, February 11. Wunderlich maintained the shares of CSCO in report on Thursday, August 18 with “Hold” rating. Raymond James maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Friday, September 23 with “Outperform” rating. The rating was downgraded by Goldman Sachs to “Neutral” on Wednesday, June 15. The company was maintained on Thursday, August 18 by KeyBanc Capital Markets. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Buy” rating given on Thursday, August 18 by UBS. Drexel Hamilton initiated the shares of CSCO in report on Friday, October 9 with “Buy” rating.

Pyxis Tankers Inc. is a holding company. The company has market cap of $18.63 million. The Firm is an international maritime transportation firm focused on the product tanker sector. It currently has negative earnings. It owns a fleet of six double hull product tankers: Pyxis Epsilon with carrying capacity of approximately 50,300 deadweight tonnage ; Pyxis Theta with carrying capacity of approximately 51,800 dwt, Pyxis Malou with carrying capacity of over 50,670 dwt; Pyxis Delta with carrying capacity of approximately 46,620 dwt; Northsea Beta with carrying capacity of over 8,650 dwt, and Northsea Alpha with carrying capacity of approximately 8,615 dwt.