Tygh Capital Management Has Decreased By $1.07 Million Its Kona Grill (KONA) Position; Millennium Management Has Boosted Its Autodesk (ADSK) Position

September 3, 2017 - By Dolores Ford

Millennium Management Llc increased Autodesk Inc (ADSK) stake by 360.16% reported in 2016Q4 SEC filing. Millennium Management Llc acquired 484,496 shares as Autodesk Inc (ADSK)’s stock rose 27.21%. The Millennium Management Llc holds 619,020 shares with $45.81 million value, up from 134,524 last quarter. Autodesk Inc now has $24.92B valuation. The stock decreased 0.66% or $0.75 on September 1, reaching $113.71. About 1.57 million shares traded. Autodesk, Inc. (NASDAQ:ADSK) has risen 91.08% since September 3, 2016 and is uptrending. It has outperformed by 74.38% the S&P500.

Tygh Capital Management Inc decreased Kona Grill Inc (KONA) stake by 51.81% reported in 2016Q4 SEC filing. Tygh Capital Management Inc sold 89,390 shares as Kona Grill Inc (KONA)’s stock declined 48.80%. The Tygh Capital Management Inc holds 83,136 shares with $1.04M value, down from 172,526 last quarter. Kona Grill Inc now has $34.85 million valuation. The stock increased 15.00% or $0.45 on September 1, reaching $3.45. About 124,767 shares traded. Kona Grill Inc (NASDAQ:KONA) has declined 61.08% since September 3, 2016 and is downtrending. It has underperformed by 77.78% the S&P500.

Among 6 analysts covering Kona Grill (NASDAQ:KONA), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Kona Grill had 11 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of Kona Grill Inc (NASDAQ:KONA) earned “Outperform” rating by Wedbush on Friday, October 28. On Thursday, September 29 the stock rating was downgraded by KeyBanc Capital Markets to “Sector Weight”. The firm has “Outperform” rating given on Friday, February 5 by Telsey Advisory. The stock has “Outperform” rating by Oppenheimer on Friday, August 14. The rating was maintained by Oppenheimer with “Outperform” on Tuesday, November 3. Raymond James downgraded the shares of KONA in report on Wednesday, July 12 to “Market Perform” rating. The stock has “Market Perform” rating by Telsey Advisory Group on Tuesday, September 29. Oppenheimer maintained Kona Grill Inc (NASDAQ:KONA) rating on Friday, July 31. Oppenheimer has “Outperform” rating and $25 target.

Investors sentiment decreased to 0.63 in Q4 2016. Its down 0.16, from 0.79 in 2016Q3. It is negative, as 6 investors sold KONA shares while 23 reduced holdings. 6 funds opened positions while 15 raised stakes. 7.66 million shares or 5.59% less from 8.12 million shares in 2016Q3 were reported. Meeder Asset Management stated it has 0% in Kona Grill Inc (NASDAQ:KONA). Brandywine Global Management Llc holds 0.04% or 473,612 shares. Tygh Capital reported 83,136 shares or 0.26% of all its holdings. Geode Capital Llc holds 0% or 67,546 shares. National Bank & Trust Of Ny Mellon Corp holds 26,519 shares. Wall Street Associates owns 116,051 shares or 0.96% of their US portfolio. Blackrock Incorporated, a New York-based fund reported 368 shares. Wellington Limited Liability Partnership holds 1.04 million shares or 0% of its portfolio. Susquehanna Grp Inc Incorporated Limited Liability Partnership has 10,066 shares. Savings Bank Of America De holds 0% or 1,732 shares in its portfolio. 1,632 are owned by Legal And General Group Incorporated Public Ltd Company. Emerald Mutual Fund Advisers Trust, a Pennsylvania-based fund reported 410,040 shares. Ironwood Invest Management Ltd Liability Corporation invested in 0.55% or 60,109 shares. Schwab Charles Invest Mgmt holds 17,119 shares. Deutsche National Bank & Trust Ag holds 0% or 4,766 shares.

Since March 22, 2017, it had 4 buys, and 0 sales for $429,455 activity. Shares for $182,485 were bought by Bakay Berke on Tuesday, June 6. Shares for $3,000 were bought by Newman Leonard Martin.

Tygh Capital Management Inc increased Middleby Corp (NASDAQ:MIDD) stake by 9,407 shares to 24,247 valued at $3.12M in 2016Q4. It also upped Wex Inc (NYSE:WEX) stake by 28,142 shares and now owns 48,880 shares. Casey’s General Stores Inc (NASDAQ:CASY) was raised too.

Millennium Management Llc decreased Ionis Pharmaceuticals Inc stake by 1.60M shares to 4,375 valued at $209,000 in 2016Q4. It also reduced Surgical Care Affiliates Inc (NASDAQ:SCAI) stake by 448,679 shares and now owns 49,077 shares. Tribune Media Co was reduced too.

Since March 7, 2017, it had 0 insider buys, and 15 sales for $16.99 million activity. $571,457 worth of Autodesk, Inc. (NASDAQ:ADSK) shares were sold by Di Fronzo Pascal W. On Monday, June 5 the insider Underwood Paul D. sold $726,452. 5,540 Autodesk, Inc. (NASDAQ:ADSK) shares with value of $476,434 were sold by Anagnost Andrew. The insider BECKER JAN sold $574,651. Herren Richard Scott sold $3.98M worth of stock or 35,595 shares. $4.69M worth of Autodesk, Inc. (NASDAQ:ADSK) was sold by Blum Steven M on Tuesday, March 21. The insider NORRINGTON LORRIE M sold 5,518 shares worth $455,125.

Among 23 analysts covering Autodesk Inc. (NASDAQ:ADSK), 15 have Buy rating, 2 Sell and 6 Hold. Therefore 65% are positive. Autodesk Inc. had 86 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was downgraded by Mitsubishi UFJ to “Underweight” on Monday, August 29. The firm has “Outperform” rating given on Tuesday, August 4 by William Blair. Evercore maintained the shares of ADSK in report on Wednesday, August 23 with “Buy” rating. As per Friday, August 19, the company rating was maintained by RBC Capital Markets. Canaccord Genuity maintained the shares of ADSK in report on Monday, June 19 with “Buy” rating. The firm has “Hold” rating by Canaccord Genuity given on Friday, August 26. The stock of Autodesk, Inc. (NASDAQ:ADSK) has “Neutral” rating given on Wednesday, November 30 by Wedbush. The firm earned “Outperform” rating on Friday, August 28 by RBC Capital Markets. The rating was downgraded by Zacks on Wednesday, September 2 to “Sell”. The stock has “Neutral” rating by UBS on Monday, November 9.