SRC Energy (SRCI) Reaches $6.44 After 4.00% Down Move, Mastercard (MA) Shorts Raised By 5.53%

June 20, 2017 - By Ellis Scott

The stock of SRC Energy Inc (NYSEMKT:SRCI) is a huge mover today! About 401,215 shares traded. SRC Energy Inc (NYSEMKT:SRCI) has risen 26.63% since June 20, 2016 and is uptrending. It has outperformed by 9.93% the S&P500.The move comes after 6 months negative chart setup for the $1.32B company. It was reported on Jun, 20 by Barchart.com. We have $6.18 PT which if reached, will make NYSEMKT:SRCI worth $52.80M less.

Mastercard (NYSE:MA) had an increase of 5.53% in short interest. MA’s SI was 6.83 million shares in June as released by FINRA. Its up 5.53% from 6.47M shares previously. With 3.10M avg volume, 2 days are for Mastercard (NYSE:MA)’s short sellers to cover MA’s short positions. The SI to Mastercard’s float is 0.65%. About 384,923 shares traded. Mastercard Inc (NYSE:MA) has risen 24.16% since June 20, 2016 and is uptrending. It has outperformed by 7.46% the S&P500.

MasterCard Incorporated is a technology firm that connects consumers, financial institutions, merchants, governments and businesses across the world, enabling them to use electronic forms of payment. The company has market cap of $133.66 billion. The Firm operates through Payment Solutions segment. It has a 32.31 P/E ratio. The Firm allows user to make payments by creating a range of payment solutions and services using its brands, which include MasterCard, Maestro and Cirrus.

Investors sentiment increased to 1.01 in Q4 2016. Its up 0.03, from 0.98 in 2016Q3. It improved, as 48 investors sold Mastercard Inc shares while 447 reduced holdings. 106 funds opened positions while 394 raised stakes. 797.06 million shares or 0.34% more from 794.39 million shares in 2016Q3 were reported. Rockland Trust accumulated 86,681 shares or 1.43% of the stock. Virtus Inv Advisers has invested 0.26% in Mastercard Inc (NYSE:MA). 6,900 are owned by Spirit Of America Management. Stephens Invest Mngmt Gp Limited Liability Corp invested in 0% or 430 shares. Miracle Mile Advsr Ltd Liability Company holds 0.13% of its portfolio in Mastercard Inc (NYSE:MA) for 5,586 shares. Johnson Investment Counsel has invested 0.96% in Mastercard Inc (NYSE:MA). Sva Plumb Wealth Limited Co reported 27,747 shares stake. Ashfield Capital Prtnrs Limited Liability has 3,808 shares for 0.04% of their portfolio. Moreover, New York Life Tru Co has 0.51% invested in Mastercard Inc (NYSE:MA) for 1,034 shares. Trillium Asset Mgmt Ltd holds 0.64% of its portfolio in Mastercard Inc (NYSE:MA) for 94,826 shares. Schwartz Counsel accumulated 119,400 shares. Sumitomo Mitsui Tru has invested 0.46% in Mastercard Inc (NYSE:MA). Virtu Ltd Liability Com owns 4,226 shares for 0.05% of their portfolio. Rafferty Asset Mgmt Limited Liability Corp invested in 0.23% or 48,608 shares. Grandfield & Dodd Ltd Liability holds 0.13% of its portfolio in Mastercard Inc (NYSE:MA) for 9,937 shares.

Among 19 analysts covering Mastercard Incorporated (NYSE:MA), 15 have Buy rating, 0 Sell and 4 Hold. Therefore 79% are positive. Mastercard Incorporated had 41 analyst reports since July 21, 2015 according to SRatingsIntel. JP Morgan maintained Mastercard Inc (NYSE:MA) on Friday, August 14 with “Overweight” rating. As per Thursday, October 8, the company rating was initiated by Guggenheim. The stock has “Top Pick” rating by RBC Capital Markets on Friday, June 16. UBS initiated the shares of MA in report on Wednesday, December 16 with “Buy” rating. The firm earned “Outperform” rating on Friday, October 30 by RBC Capital Markets. On Friday, April 29 the stock rating was maintained by Citigroup with “Buy”. The firm has “Buy” rating by Bank of America given on Thursday, December 15. The stock of Mastercard Inc (NYSE:MA) earned “Buy” rating by Evercore on Monday, September 7. RBC Capital Markets downgraded the stock to “Outperform” rating in Thursday, January 5 report. The stock of Mastercard Inc (NYSE:MA) has “Buy” rating given on Wednesday, February 15 by Loop Capital.

Since January 17, 2017, it had 0 insider buys, and 15 selling transactions for $177.77 million activity. The insider MasterCard Foundation sold 136,690 shares worth $14.71 million. 6,950 Mastercard Inc (NYSE:MA) shares with value of $764,500 were sold by Cairns Ann. Reeg Robert had sold 6,487 shares worth $682,264. Another trade for 1,719 shares valued at $193,173 was sold by Vosburg Craig. Another trade for 161,742 shares valued at $18.97M was made by BANGA AJAY on Wednesday, May 3. Murphy Timothy H sold $2.71M worth of stock. Haythornthwaite Richard had sold 5,000 shares worth $561,221 on Monday, April 3.

SRC Energy Inc., formerly Synergy Resources Corporation, is an independent oil and natural gas company. The company has market cap of $1.32 billion. The Firm is engaged in the acquisition, development and production of natural gas and crude oil in and around the Denver-Julesburg Basin of Colorado. It currently has negative earnings. The D-J Basin generally extends from the Denver metropolitan area throughout northeast Colorado into Wyoming, Nebraska, and Kansas.

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