Matarin Capital Management Has Increased Align Technology (ALGN) Stake By $1.57 Million; G-III Apparel Group, Ltd. (GIII) Covered By 10 Bulls

September 17, 2017 - By Henry Gaston

Matarin Capital Management Llc increased Align Technology Inc. (ALGN) stake by 385.88% reported in 2016Q4 SEC filing. Matarin Capital Management Llc acquired 16,315 shares as Align Technology Inc. (ALGN)’s stock rose 36.03%. The Matarin Capital Management Llc holds 20,543 shares with $1.97M value, up from 4,228 last quarter. Align Technology Inc. now has $14.79B valuation. The stock decreased 0.19% or $0.36 on September 15, reaching $184.5. About 1.86 million shares traded or 103.65% up from the average. Align Technology, Inc. (NASDAQ:ALGN) has risen 82.22% since September 17, 2016 and is uptrending. It has outperformed by 65.52% the S&P500.

Among 13 analysts covering G-III Apparel Group (NASDAQ:GIII), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. G-III Apparel Group had 46 analyst reports since August 4, 2015 according to SRatingsIntel. On Monday, August 14 the stock rating was maintained by Cowen & Co with “Hold”. On Thursday, September 29 the stock rating was initiated by CLSA with “Outperform”. The rating was downgraded by Telsey Advisory Group to “Market Perform” on Tuesday, July 26. The firm has “Outperform” rating by Telsey Advisory Group given on Tuesday, January 5. Wunderlich maintained it with “Buy” rating and $80.0 target in Wednesday, September 2 report. As per Wednesday, August 31, the company rating was maintained by Telsey Advisory Group. Stifel Nicolaus maintained G-III Apparel Group, Ltd. (NASDAQ:GIII) rating on Friday, December 2. Stifel Nicolaus has “Hold” rating and $26 target. The rating was maintained by Telsey Advisory Group with “Outperform” on Friday, January 6. The stock of G-III Apparel Group, Ltd. (NASDAQ:GIII) has “Buy” rating given on Thursday, September 3 by Piper Jaffray. On Tuesday, August 4 the stock rating was initiated by Brean Capital with “Hold”. See G-III Apparel Group, Ltd. (NASDAQ:GIII) latest ratings:

07/09/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $20.0
06/09/2017 Broker: Piper Jaffray Rating: Buy New Target: $33.0 Maintain
06/09/2017 Broker: Cowen & Co Rating: Hold New Target: $30.0 Maintain
07/09/2017 Broker: Buckingham Research Rating: Buy Old Target: $30 New Target: $35 Maintain
07/09/2017 Broker: Telsey Advisory Group Old Rating: Market Perform New Rating: Outperform Upgrade
05/09/2017 Broker: FBR Capital Rating: Buy New Target: $33.0
31/08/2017 Broker: Buckingham Research Rating: Buy Old Target: $28 New Target: $30 Maintain
24/08/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $41.0 Maintain
23/08/2017 Broker: PiperJaffray Old Rating: Neutral New Rating: Overweight Upgrade
15/08/2017 Broker: Standpoint Research Old Rating: Buy New Rating: Hold Downgrade

The stock increased 1.76% or $0.52 on September 15, reaching $30. About 1.01M shares traded or 11.71% up from the average. G-III Apparel Group, Ltd. (NASDAQ:GIII) has declined 47.99% since September 17, 2016 and is downtrending. It has underperformed by 64.69% the S&P500.

Investors sentiment decreased to 1.11 in Q4 2016. Its down 0.17, from 1.28 in 2016Q3. It dived, as 25 investors sold G-III Apparel Group, Ltd. shares while 51 reduced holdings. 28 funds opened positions while 65 raised stakes. 49.73 million shares or 9.10% more from 45.59 million shares in 2016Q3 were reported. Ubs Asset Mngmt Americas Inc stated it has 11,874 shares. Blackrock Institutional Tru Com Na holds 1.18 million shares or 0.01% of its portfolio. Fiera Cap reported 0.06% stake. Meeder Asset, Ohio-based fund reported 115 shares. Palisade Cap Llc Nj holds 328,293 shares or 0.36% of its portfolio. Umb Bancshares N A Mo reported 11,400 shares stake. Hgk Asset Mngmt reported 12,414 shares. Da Davidson invested 0% in G-III Apparel Group, Ltd. (NASDAQ:GIII). The California-based Assetmark has invested 0% in G-III Apparel Group, Ltd. (NASDAQ:GIII). Sg Americas invested 0% of its portfolio in G-III Apparel Group, Ltd. (NASDAQ:GIII). Parametric Port Limited Co holds 59,621 shares. Lpl Financial Ltd Llc holds 16,378 shares or 0% of its portfolio. Great West Life Assurance Can accumulated 0% or 58,278 shares. Ironbridge Lp owns 270,549 shares or 0.36% of their US portfolio. Dimensional Fund Advisors L P stated it has 0.02% of its portfolio in G-III Apparel Group, Ltd. (NASDAQ:GIII).

G-III Apparel Group, Ltd. designs, manufactures and markets a range of apparel products. The company has market cap of $1.46 billion. The Firm operates through two divisions: wholesale activities and retail operations. It has a 43.05 P/E ratio. The Company’s apparel products include outerwear, dresses, sportswear, swimwear, women’s suits and women’s performance wear, as well as women’s handbags, footwear, small leather goods, cold weather accessories and luggage.

Since April 3, 2017, it had 2 insider buys, and 1 sale for $853,875 activity. 1,000 G-III Apparel Group, Ltd. (NASDAQ:GIII) shares with value of $24,470 were sold by FELLER ALAN. $150,478 worth of G-III Apparel Group, Ltd. (NASDAQ:GIII) was bought by GOLDFARB MORRIS.

Since May 30, 2017, it had 0 insider buys, and 3 selling transactions for $7.87 million activity. $143,995 worth of Align Technology, Inc. (NASDAQ:ALGN) was sold by Kolli Sreelakshmi on Tuesday, May 30. LACOB JOSEPH also sold $7.25M worth of Align Technology, Inc. (NASDAQ:ALGN) on Tuesday, May 30. $481,705 worth of Align Technology, Inc. (NASDAQ:ALGN) shares were sold by Pascaud Raphael.

Among 11 analysts covering Align Technology (NASDAQ:ALGN), 10 have Buy rating, 0 Sell and 1 Hold. Therefore 91% are positive. Align Technology had 32 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Sunday, August 6 by Stifel Nicolaus. The stock has “Hold” rating by Credit Suisse on Wednesday, July 12. Jefferies maintained Align Technology, Inc. (NASDAQ:ALGN) rating on Wednesday, May 31. Jefferies has “Buy” rating and $15000 target. The firm has “Buy” rating given on Monday, June 19 by Morgan Stanley. Stifel Nicolaus maintained Align Technology, Inc. (NASDAQ:ALGN) rating on Monday, November 28. Stifel Nicolaus has “Buy” rating and $110 target. Jefferies maintained the shares of ALGN in report on Tuesday, July 4 with “Buy” rating. The rating was maintained by Stifel Nicolaus on Friday, June 23 with “Buy”. The firm has “Outperform” rating given on Friday, September 11 by Leerink Swann. The stock of Align Technology, Inc. (NASDAQ:ALGN) has “Outperform” rating given on Wednesday, May 11 by Credit Suisse. As per Friday, July 28, the company rating was maintained by Roth Capital.

Investors sentiment increased to 1.39 in 2016 Q4. Its up 0.37, from 1.02 in 2016Q3. It is positive, as 46 investors sold ALGN shares while 134 reduced holdings. 69 funds opened positions while 129 raised stakes. 65.62 million shares or 0.81% more from 65.09 million shares in 2016Q3 were reported. Moreover, Gsa Capital Partners Ltd Liability Partnership has 0.08% invested in Align Technology, Inc. (NASDAQ:ALGN) for 13,143 shares. Moreover, Motley Fool Wealth Ltd Liability Com has 1.45% invested in Align Technology, Inc. (NASDAQ:ALGN) for 141,776 shares. Point72 Asset Management Lp holds 0.01% or 8,000 shares. Gam Hldg Ag invested 0.01% in Align Technology, Inc. (NASDAQ:ALGN). Zacks Inv holds 0.03% of its portfolio in Align Technology, Inc. (NASDAQ:ALGN) for 9,319 shares. Marshall Wace Llp owns 120,548 shares. Citadel Advsrs Limited Liability Corporation holds 2,958 shares or 0% of its portfolio. Tiedemann Wealth Mgmt Limited Liability holds 7,286 shares or 0.07% of its portfolio. American Group has invested 0.05% in Align Technology, Inc. (NASDAQ:ALGN). Moreover, Bessemer Group Inc has 0% invested in Align Technology, Inc. (NASDAQ:ALGN) for 218 shares. Employees Retirement Systems Of Texas has 33,000 shares. Blackrock Japan Limited, Japan-based fund reported 85,086 shares. Brown Advisory Incorporated invested in 0% or 8,240 shares. Global X Mgmt Ltd Liability Corp owns 178 shares. Principal Fin Gp invested 0.04% of its portfolio in Align Technology, Inc. (NASDAQ:ALGN).

Matarin Capital Management Llc decreased Insight Enterprises Inc. (NASDAQ:NSIT) stake by 8,995 shares to 203,412 valued at $8.23 million in 2016Q4. It also reduced Perry Ellis International Inc. (NASDAQ:PERY) stake by 13,310 shares and now owns 60,107 shares. Southwestern Energy Company (NYSE:SWN) was reduced too.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Twitter Auto Publish Powered By : XYZScripts.com