Park West Asset Management Has Cut Its Blucora (BCOR) Holding; Neville Rodie & Shaw Lifted Its Oracle (ORCL) Position

December 12, 2017 - By Kurt Siggers

Park West Asset Management Llc decreased Blucora Inc (BCOR) stake by 32.55% reported in 2017Q2 SEC filing. Park West Asset Management Llc sold 651,067 shares as Blucora Inc (BCOR)’s stock rose 29.25%. The Park West Asset Management Llc holds 1.35 million shares with $28.60M value, down from 2.00M last quarter. Blucora Inc now has $987.10 million valuation. The stock decreased 0.70% or $0.15 during the last trading session, reaching $21.4. About 143,272 shares traded. Blucora, Inc. (NASDAQ:BCOR) has risen 147.59% since December 12, 2016 and is uptrending. It has outperformed by 130.89% the S&P500.

Neville Rodie & Shaw Inc increased Oracle Corp (ORCL) stake by 206.73% reported in 2017Q2 SEC filing. Neville Rodie & Shaw Inc acquired 142,089 shares as Oracle Corp (ORCL)’s stock rose 5.35%. The Neville Rodie & Shaw Inc holds 210,820 shares with $10.57 million value, up from 68,731 last quarter. Oracle Corp now has $211.37 billion valuation. The stock increased 0.35% or $0.17 during the last trading session, reaching $50.65. About 4.41 million shares traded. Oracle Corporation (NYSE:ORCL) has risen 14.08% since December 12, 2016 and is uptrending. It has underperformed by 2.62% the S&P500.

Neville Rodie & Shaw Inc decreased Fedex Corp (NYSE:FDX) stake by 1,444 shares to 27,595 valued at $6.00M in 2017Q2. It also reduced Bankunited Inc (NYSE:BKU) stake by 28,200 shares and now owns 81,607 shares. Alphabet Class C was reduced too.

Investors sentiment increased to 1.13 in Q2 2017. Its up 0.18, from 0.95 in 2017Q1. It improved, as 49 investors sold ORCL shares while 572 reduced holdings. 140 funds opened positions while 449 raised stakes. 2.35 billion shares or 0.02% less from 2.35 billion shares in 2017Q1 were reported. Northeast Inv Management accumulated 12,275 shares or 0.06% of the stock. Cap Rech Glob Investors owns 141.27M shares or 2.22% of their US portfolio. Quantitative Systematic Strategies Llc reported 1.07% in Oracle Corporation (NYSE:ORCL). Boston Prns holds 19.23 million shares. Rand Wealth Ltd Liability Company, a California-based fund reported 34,804 shares. Capital City Trust Co Fl reported 48,836 shares. Avalon Advsrs has invested 0.42% in Oracle Corporation (NYSE:ORCL). 4,200 are held by Walter Keenan Financial Consulting Co Mi Adv. Narwhal Cap stated it has 14,965 shares or 0.19% of all its holdings. Violich Management Inc has 3.86% invested in Oracle Corporation (NYSE:ORCL) for 263,462 shares. Liberty Cap Inc holds 600 shares. Private Asset invested 1.47% of its portfolio in Oracle Corporation (NYSE:ORCL). Richard Bernstein Advsrs Ltd Liability Corporation accumulated 233,526 shares. Cibc Ww Mkts Corp has invested 0.23% in Oracle Corporation (NYSE:ORCL). Loews Corp holds 25,212 shares.

Among 38 analysts covering Oracle (NYSE:ORCL), 28 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. Oracle had 97 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Oracle Corporation (NYSE:ORCL) earned “Buy” rating by Raymond James on Friday, September 15. Cowen & Co maintained the stock with “Buy” rating in Monday, September 11 report. The firm has “Buy” rating by RBC Capital Markets given on Friday, August 25. The stock of Oracle Corporation (NYSE:ORCL) has “Buy” rating given on Wednesday, September 16 by SunTrust. Stifel Nicolaus maintained the shares of ORCL in report on Friday, December 16 with “Buy” rating. The firm has “Outperform” rating by Wedbush given on Thursday, June 22. The stock of Oracle Corporation (NYSE:ORCL) has “Buy” rating given on Friday, September 15 by UBS. The rating was upgraded by Goldman Sachs on Monday, November 16 to “Conviction Buy”. KeyBanc Capital Markets maintained Oracle Corporation (NYSE:ORCL) rating on Monday, July 17. KeyBanc Capital Markets has “Buy” rating and $6100 target. RBC Capital Markets maintained Oracle Corporation (NYSE:ORCL) on Friday, December 16 with “Outperform” rating.

Analysts await Blucora, Inc. (NASDAQ:BCOR) to report earnings on February, 15. They expect $-0.31 EPS, down 47.62% or $0.10 from last year’s $-0.21 per share. After $-0.19 actual EPS reported by Blucora, Inc. for the previous quarter, Wall Street now forecasts 63.16% negative EPS growth.

Park West Asset Management Llc increased Gms Inc stake by 480,000 shares to 980,000 valued at $27.54M in 2017Q2. It also upped Silicon Motion Technology Co (NASDAQ:SIMO) stake by 707,778 shares and now owns 1.11 million shares. Kindred Biosciences Inc (NASDAQ:KIN) was raised too.

Among 4 analysts covering Blucora (NASDAQ:BCOR), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Blucora had 9 analyst reports since August 22, 2015 according to SRatingsIntel. Benchmark maintained Blucora, Inc. (NASDAQ:BCOR) on Saturday, August 22 with “Buy” rating. The company was maintained on Monday, August 24 by Benchmark. Benchmark maintained the shares of BCOR in report on Tuesday, February 16 with “Buy” rating. The company was maintained on Wednesday, July 26 by Benchmark. The firm earned “Outperform” rating on Friday, October 28 by Barrington Research. The firm earned “Outperform” rating on Monday, May 2 by Barrington Research. Craig Hallum upgraded the stock to “Buy” rating in Friday, April 29 report. Wedbush maintained Blucora, Inc. (NASDAQ:BCOR) rating on Friday, February 12. Wedbush has “Outperform” rating and $10 target.

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