Neumeier Poma Investment Counsel Has Raised Its Virtusa (VRTU) Stake; Arcbest (ARCB) Shorts Increased By 1.29%

October 30, 2017 - By Louis Casey

Arcbest Corporation (NASDAQ:ARCB) had an increase of 1.29% in short interest. ARCB’s SI was 994,400 shares in October as released by FINRA. Its up 1.29% from 981,700 shares previously. With 283,200 avg volume, 4 days are for Arcbest Corporation (NASDAQ:ARCB)’s short sellers to cover ARCB’s short positions. The SI to Arcbest Corporation’s float is 3.95%. The stock increased 1.52% or $0.5 on October 27, reaching $33.4. About shares traded. ArcBest Corp (NASDAQ:ARCB) has risen 10.70% since October 30, 2016 and is uptrending. It has underperformed by 6.00% the S&P500.

Neumeier Poma Investment Counsel Llc increased Virtusa Corporation (VRTU) stake by 8% reported in 2017Q2 SEC filing. Neumeier Poma Investment Counsel Llc acquired 20,375 shares as Virtusa Corporation (VRTU)’s stock declined 1.05%. The Neumeier Poma Investment Counsel Llc holds 275,150 shares with $8.09 million value, up from 254,775 last quarter. Virtusa Corporation now has $1.12B valuation. The stock increased 0.31% or $0.12 on October 27, reaching $38.35. About shares traded. Virtusa Corporation (NASDAQ:VRTU) has declined 13.10% since October 30, 2016 and is downtrending. It has underperformed by 29.80% the S&P500.

ArcBest Corporation is a holding company of businesses providing integrated logistics solutions. The company has market cap of $858.59 million. The Firm operates through three divisions: Asset-Based, which consists of ABF Freight System, Inc. and other subsidiaries; ArcBest, which represents the consolidation of the activities of the Premium Logistics, Transportation Management and Household Goods Moving Services divisions, and FleetNet, which includes the results of activities of FleetNet America, Inc. . It has a 38.8 P/E ratio. The Company’s Asset-Based activities offer transportation of general commodities through standard, time-critical, expedited and guaranteed LTL services-nationally and regionally.

Among 9 analysts covering Arcbest Corporation (NASDAQ:ARCB), 0 have Buy rating, 0 Sell and 9 Hold. Therefore 0 are positive. Arcbest Corporation had 30 analyst reports since August 5, 2015 according to SRatingsIntel. On Friday, July 28 the stock rating was maintained by Cowen & Co with “Buy”. The stock of ArcBest Corp (NASDAQ:ARCB) has “Buy” rating given on Wednesday, August 30 by Cowen & Co. The stock has “Outperform” rating by Cowen & Co on Friday, November 4. Citigroup maintained ArcBest Corp (NASDAQ:ARCB) rating on Monday, July 11. Citigroup has “Neutral” rating and $17 target. The stock has “Hold” rating by Deutsche Bank on Tuesday, November 3. The rating was maintained by KeyBanc Capital Markets on Monday, September 11 with “Hold”. Bank of America downgraded it to “Underperform” rating and $23 target in Wednesday, December 2 report. Bank of America upgraded ArcBest Corp (NASDAQ:ARCB) on Friday, September 11 to “Neutral” rating. Stifel Nicolaus maintained ArcBest Corp (NASDAQ:ARCB) on Wednesday, September 6 with “Hold” rating. Stifel Nicolaus downgraded the shares of ARCB in report on Monday, May 2 to “Hold” rating.

Neumeier Poma Investment Counsel Llc decreased Lgi Homes Inc. (NASDAQ:LGIH) stake by 28,100 shares to 759,450 valued at $30.52 million in 2017Q2. It also reduced Hackett Group Inc (NASDAQ:HCKT) stake by 27,525 shares and now owns 687,900 shares. American Woodmark Corp. (NASDAQ:AMWD) was reduced too.

Investors sentiment increased to 1.26 in Q2 2017. Its up 0.23, from 1.03 in 2017Q1. It is positive, as 16 investors sold VRTU shares while 38 reduced holdings. 14 funds opened positions while 54 raised stakes. 26.53 million shares or 1.06% less from 26.81 million shares in 2017Q1 were reported. Voya Inv Mngmt Ltd Liability Com owns 463,173 shares. Summit Creek Advsr Ltd Liability Com reported 260,868 shares stake. 2.07 million are owned by Vanguard Group. Invesco Ltd holds 172,242 shares. Tudor Invest Et Al holds 7,615 shares or 0.01% of its portfolio. Pzena Invest Limited Liability Co reported 0.09% in Virtusa Corporation (NASDAQ:VRTU). Moreover, New York State Teachers Retirement Systems has 0% invested in Virtusa Corporation (NASDAQ:VRTU) for 14,551 shares. Riverhead Mngmt Llc has invested 0% of its portfolio in Virtusa Corporation (NASDAQ:VRTU). Thrivent Financial For Lutherans holds 1.02M shares or 0.12% of its portfolio. National Bank & Trust Of America De reported 0% of its portfolio in Virtusa Corporation (NASDAQ:VRTU). Glenmede Trust Na invested in 0% or 203 shares. Alliancebernstein LP holds 557,343 shares or 0.01% of its portfolio. Deutsche Retail Bank Ag holds 0% of its portfolio in Virtusa Corporation (NASDAQ:VRTU) for 33,348 shares. Tiaa Cref Mngmt accumulated 0% or 74,727 shares. Mesirow Inv has 0.46% invested in Virtusa Corporation (NASDAQ:VRTU) for 234,684 shares.

Among 8 analysts covering Virtusa (NASDAQ:VRTU), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Virtusa had 24 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Virtusa Corporation (NASDAQ:VRTU) earned “Neutral” rating by Wedbush on Friday, September 9. Maxim Group maintained the shares of VRTU in report on Tuesday, August 8 with “Hold” rating. Cowen & Co maintained Virtusa Corporation (NASDAQ:VRTU) on Friday, July 28 with “Buy” rating. The firm has “Buy” rating by Suntrust Robinson given on Friday, February 19. Maxim Group maintained the shares of VRTU in report on Wednesday, January 25 with “Buy” rating. The company was upgraded on Friday, January 6 by Wedbush. Maxim Group maintained the shares of VRTU in report on Wednesday, June 29 with “Buy” rating. The firm earned “Buy” rating on Thursday, November 10 by Needham. The rating was initiated by Barrington Research with “Outperform” on Thursday, August 20. The firm has “Outperform” rating given on Thursday, November 5 by Barrington Research.

Since May 19, 2017, it had 0 insider purchases, and 4 insider sales for $4.41 million activity. Modder Roger Keith sold $705,364 worth of stock. 74,000 shares valued at $2.13M were sold by Canekeratne Kris A on Wednesday, June 7. 29,873 shares were sold by Holler Thomas R, worth $836,537 on Friday, May 19.