Napco Security Technologies (NSSC) Reaches $9.55 After 4.00% Down Move; Serengeti Asset Management LP Has Lowered By $1.65 Million Its Calpine (CPN) Position

June 12, 2017 - By Adrian Erickson

The stock of Napco Security Technologies Inc (NASDAQ:NSSC) is a huge mover today! The stock decreased 6.83% or $0.7 on June 12, reaching $9.55. About 51,607 shares traded or 18.23% up from the average. Napco Security Technologies Inc (NASDAQ:NSSC) has risen 53.71% since June 12, 2016 and is uptrending. It has outperformed by 37.01% the S&P500.The move comes after 7 months negative chart setup for the $182.64 million company. It was reported on Jun, 12 by Barchart.com. We have $9.17 PT which if reached, will make NASDAQ:NSSC worth $7.31M less.

Serengeti Asset Management Lp decreased Calpine Corp (CPN) stake by 25% reported in 2016Q4 SEC filing. Serengeti Asset Management Lp sold 150,000 shares as Calpine Corp (CPN)’s stock rose 19.88%. The Serengeti Asset Management Lp holds 450,000 shares with $5.14 million value, down from 600,000 last quarter. Calpine Corp now has $5.04 billion valuation. It closed at $13.36 lastly. It is down 5.37% since June 12, 2016 and is downtrending. It has underperformed by 22.07% the S&P500.

Investors sentiment decreased to 1.55 in Q4 2016. Its down 2.12, from 3.67 in 2016Q3. It is negative, as 2 investors sold Napco Security Technologies Inc shares while 9 reduced holdings. 5 funds opened positions while 12 raised stakes. 4.01 million shares or 49.56% less from 7.95 million shares in 2016Q3 were reported. Bridgeway Cap Mngmt Inc stated it has 0.02% in Napco Security Technologies Inc (NASDAQ:NSSC). California Pub Employees Retirement reported 86,060 shares. Gamco Invsts Inc Et Al holds 16,600 shares or 0% of its portfolio. Geode Cap Ltd Liability Corp holds 0% or 33,441 shares. Raffles Associate Lp has 177,186 shares. Dimensional Fund Advisors Ltd Partnership owns 908,246 shares for 0% of their portfolio. Manufacturers Life Insurance The accumulated 0% or 131 shares. Next Fin Gp Incorporated Inc invested in 5,000 shares. Tfs Cap Limited Co invested in 14,516 shares. Blackrock Fund holds 0% or 39,280 shares. 453,988 are owned by Wasatch Advsr Inc. Oxford Asset Mngmt, United Kingdom-based fund reported 19,937 shares. Victory Management Incorporated invested in 0% or 9,560 shares. Deutsche Bank Ag stated it has 0% in Napco Security Technologies Inc (NASDAQ:NSSC). Blackrock Institutional Tru Na has invested 0% of its portfolio in Napco Security Technologies Inc (NASDAQ:NSSC).

NAPCO Security Technologies, Inc. is a maker of security products, encompassing access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products. The company has market cap of $182.64 million. These products are used for commercial, residential, institutional, industrial and governmental applications, and are sold across the world principally to independent distributors, dealers and installers of security equipment. It has a 30.92 P/E ratio. The Firm makes and markets various products for alarm systems, which include automatic communicators, control panels, combination control panels/digital communicators and digital keypad systems, fire alarm control panel and area detectors.

Among 2 analysts covering NAPCO Security Technologies (NASDAQ:NSSC), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. NAPCO Security Technologies has $12 highest and $5.75 lowest target. $9.92’s average target is 3.87% above currents $9.55 stock price. NAPCO Security Technologies had 3 analyst reports since September 9, 2015 according to SRatingsIntel. The rating was initiated by Benchmark on Thursday, January 12 with “Buy”.

Since December 21, 2016, it had 0 buys, and 6 selling transactions for $624,998 activity. HEVIA JORGE had sold 15,000 shares worth $157,382 on Monday, March 20. 15,000 shares were sold by CARRIERI MICHAEL, worth $156,913 on Monday, March 13. On Friday, March 24 BUCHEL KEVIN S sold $17,909 worth of Napco Security Technologies Inc (NASDAQ:NSSC) or 1,732 shares. $53,092 worth of Napco Security Technologies Inc (NASDAQ:NSSC) shares were sold by Blaustein Randy B. WILDER ANDREW also sold $98,560 worth of Napco Security Technologies Inc (NASDAQ:NSSC) on Wednesday, December 21.

Among 14 analysts covering Calpine Corporation (NYSE:CPN), 8 have Buy rating, 0 Sell and 6 Hold. Therefore 57% are positive. Calpine Corporation had 30 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was upgraded by Evercore on Friday, July 31 to “Buy”. The stock of Calpine Corporation (NYSE:CPN) has “Buy” rating given on Monday, May 1 by BMO Capital Markets. The company was downgraded on Wednesday, November 2 by UBS. Morgan Stanley downgraded Calpine Corporation (NYSE:CPN) on Monday, February 6 to “Equal-Weight” rating. The firm has “Outperform” rating given on Tuesday, February 16 by RBC Capital Markets. The company was maintained on Wednesday, August 24 by Suntrust Robinson. The firm has “Outperform” rating given on Monday, August 3 by RBC Capital Markets. The firm has “Neutral” rating given on Tuesday, November 22 by Bank of America. Deutsche Bank maintained the stock with “Buy” rating in Friday, July 31 report. The stock has “Neutral” rating by SunTrust on Monday, March 7.

Investors sentiment decreased to 0.93 in 2016 Q4. Its down 0.31, from 1.24 in 2016Q3. It is negative, as 53 investors sold CPN shares while 94 reduced holdings. 42 funds opened positions while 95 raised stakes. 330.38 million shares or 1.86% less from 336.63 million shares in 2016Q3 were reported. Legal And General Grp Public Ltd reported 0.02% in Calpine Corporation (NYSE:CPN). Raymond James invested in 0% or 23,970 shares. Corsair Mgmt Lp has invested 0.58% of its portfolio in Calpine Corporation (NYSE:CPN). Shell Asset Mgmt, Netherlands-based fund reported 19,337 shares. Daiwa Grp reported 8,400 shares. Swiss Bank & Trust owns 0.02% invested in Calpine Corporation (NYSE:CPN) for 942,158 shares. Moreover, Discovery Capital Ltd Llc Ct has 0.25% invested in Calpine Corporation (NYSE:CPN) for 1.28 million shares. Renaissance Tech Limited Liability Company accumulated 45,200 shares. Fjarde Ap owns 74,262 shares. Raymond James Advsr holds 30,503 shares. Moreover, Alliancebernstein Lp has 0% invested in Calpine Corporation (NYSE:CPN) for 273,053 shares. Blackrock Group holds 0.01% or 2.22 million shares in its portfolio. Blackrock Ltd Limited Liability Company holds 456,488 shares. Ibm Retirement Fund holds 0.01% of its portfolio in Calpine Corporation (NYSE:CPN) for 28,436 shares. First Mercantile owns 52,114 shares for 0.09% of their portfolio.

Analysts await Calpine Corporation (NYSE:CPN) to report earnings on August, 4. They expect $0.01 EPS, down 83.33% or $0.05 from last year’s $0.06 per share. CPN’s profit will be $3.77M for 334.00 P/E if the $0.01 EPS becomes a reality. After $-0.32 actual EPS reported by Calpine Corporation for the previous quarter, Wall Street now forecasts -103.13% EPS growth.