George Kaiser Family Foundation Decreased Tripadvisor (TRIP) Stake by $627,062; Share Price Rose; As Akamai Technologies (AKAM) Stock Price Rose, Profund Advisors Trimmed Its Stake by $433,420

April 20, 2018 - By Michael Leger

Akamai Technologies, Inc. (NASDAQ:AKAM) Logo

George Kaiser Family Foundation decreased its stake in Tripadvisor Inc (TRIP) by 38.34% based on its latest 2017Q4 regulatory filing with the SEC. George Kaiser Family Foundation sold 18,443 shares as the company’s stock rose 16.66% while stock markets declined. The institutional investor held 29,655 shares of the technology company at the end of 2017Q4, valued at $1.02M, down from 48,098 at the end of the previous reported quarter. George Kaiser Family Foundation who had been investing in Tripadvisor Inc for a number of months, seems to be less bullish one the $5.77 billion market cap company. The stock decreased 0.26% or $0.11 during the last trading session, reaching $41.53. About 78,321 shares traded. TripAdvisor, Inc. (NASDAQ:TRIP) has declined 5.46% since April 20, 2017 and is downtrending. It has underperformed by 17.01% the S&P500.

Profund Advisors Llc decreased its stake in Akamai Technologies Inc (AKAM) by 9.09% based on its latest 2017Q4 regulatory filing with the SEC. Profund Advisors Llc sold 6,668 shares as the company’s stock rose 8.10% while stock markets declined. The institutional investor held 66,673 shares of the miscellaneous company at the end of 2017Q4, valued at $4.34 million, down from 73,341 at the end of the previous reported quarter. Profund Advisors Llc who had been investing in Akamai Technologies Inc for a number of months, seems to be less bullish one the $12.36 billion market cap company. The stock increased 0.33% or $0.24 during the last trading session, reaching $72.7. About 90,547 shares traded. Akamai Technologies, Inc. (NASDAQ:AKAM) has risen 12.14% since April 20, 2017 and is uptrending. It has outperformed by 0.59% the S&P500.

Since December 13, 2017, it had 1 insider purchase, and 7 insider sales for $5.37 million activity. Gemmell James had sold 8,430 shares worth $564,810. $999,784 worth of Akamai Technologies, Inc. (NASDAQ:AKAM) was bought by LEIGHTON F THOMSON. Wheaton William sold $350,000 worth of stock or 5,000 shares. 8,379 Akamai Technologies, Inc. (NASDAQ:AKAM) shares with value of $593,317 were sold by Blumofe Robert.

Investors sentiment decreased to 0.82 in Q4 2017. Its down 0.17, from 0.99 in 2017Q3. It dived, as 45 investors sold AKAM shares while 173 reduced holdings. 79 funds opened positions while 99 raised stakes. 142.18 million shares or 2.90% more from 138.17 million shares in 2017Q3 were reported. Hourglass Limited Liability Corp holds 0.06% or 4,000 shares. Harvey Mgmt reported 25,855 shares or 0.61% of all its holdings. Element Cap Mgmt Llc stated it has 0.61% in Akamai Technologies, Inc. (NASDAQ:AKAM). Susquehanna Intll Grp Llp, a Pennsylvania-based fund reported 12,740 shares. 13D Management Limited Liability Com accumulated 110,106 shares. Retirement Of Alabama holds 0.03% or 81,973 shares. Manufacturers Life Insur Company The stated it has 0.01% in Akamai Technologies, Inc. (NASDAQ:AKAM). Farmers Merchants Invests has 0% invested in Akamai Technologies, Inc. (NASDAQ:AKAM). Ww Asset Mngmt has 0.03% invested in Akamai Technologies, Inc. (NASDAQ:AKAM). Cornerstone Mngmt Lc stated it has 0.16% in Akamai Technologies, Inc. (NASDAQ:AKAM). Aurora Inv Counsel holds 40,646 shares or 1.32% of its portfolio. Quantbot Techs Lp accumulated 0.16% or 27,014 shares. Shine Inv Advisory Svcs holds 0.01% or 353 shares. Shannon River Fund Management Ltd Com holds 163,777 shares or 2.56% of its portfolio. Jane Street Ltd stated it has 52,712 shares or 0.01% of all its holdings.

Analysts await Akamai Technologies, Inc. (NASDAQ:AKAM) to report earnings on April, 30 after the close. They expect $0.51 earnings per share, down 3.77% or $0.02 from last year’s $0.53 per share. AKAM’s profit will be $86.69M for 35.64 P/E if the $0.51 EPS becomes a reality. After $0.50 actual earnings per share reported by Akamai Technologies, Inc. for the previous quarter, Wall Street now forecasts 2.00% EPS growth.

Profund Advisors Llc, which manages about $4.85 billion and $2.59B US Long portfolio, upped its stake in Qualcomm Inc (NASDAQ:QCOM) by 68,407 shares to 441,489 shares, valued at $28.26M in 2017Q4, according to the filing. It also increased its holding in Skyworks Solutions Inc (NASDAQ:SWKS) by 8,943 shares in the quarter, for a total of 55,379 shares, and has risen its stake in Semiconductor Mfg Intl Corp (NYSE:SMI).

Among 30 analysts covering Akamai Tech (NASDAQ:AKAM), 17 have Buy rating, 1 Sell and 12 Hold. Therefore 57% are positive. Akamai Tech had 96 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Friday, March 9 by Robert W. Baird. The firm has “Market Perform” rating given on Wednesday, October 28 by Cowen & Co. As per Wednesday, February 7, the company rating was maintained by SunTrust. The rating was maintained by Oppenheimer with “Buy” on Wednesday, July 26. The firm has “Neutral” rating given on Wednesday, October 28 by JP Morgan. The stock of Akamai Technologies, Inc. (NASDAQ:AKAM) earned “Hold” rating by RBC Capital Markets on Monday, July 31. The stock of Akamai Technologies, Inc. (NASDAQ:AKAM) has “Hold” rating given on Tuesday, July 25 by RBC Capital Markets. As per Monday, December 4, the company rating was maintained by Piper Jaffray. Nomura maintained it with “Neutral” rating and $47 target in Tuesday, September 5 report. The stock of Akamai Technologies, Inc. (NASDAQ:AKAM) has “Buy” rating given on Wednesday, October 25 by B. Riley & Co.

Among 33 analysts covering TripAdvisor LLC (NASDAQ:TRIP), 0 have Buy rating, 7 Sell and 26 Hold. Therefore 0 are positive. TripAdvisor LLC had 87 analyst reports since July 21, 2015 according to SRatingsIntel. Cowen & Co maintained the shares of TRIP in report on Friday, July 14 with “Sell” rating. The company was maintained on Wednesday, November 8 by UBS. The firm earned “Hold” rating on Monday, February 5 by SunTrust. RBC Capital Markets maintained TripAdvisor, Inc. (NASDAQ:TRIP) rating on Thursday, November 2. RBC Capital Markets has “Hold” rating and $38.0 target. Jefferies maintained TripAdvisor, Inc. (NASDAQ:TRIP) on Thursday, September 28 with “Sell” rating. KeyBanc Capital Markets maintained the shares of TRIP in report on Thursday, August 31 with “Hold” rating. The stock of TripAdvisor, Inc. (NASDAQ:TRIP) earned “Neutral” rating by Citigroup on Tuesday, January 10. The stock of TripAdvisor, Inc. (NASDAQ:TRIP) has “Market Perform” rating given on Monday, November 27 by Cowen & Co. Wells Fargo maintained the stock with “Hold” rating in Wednesday, August 9 report. The firm has “Hold” rating by Piper Jaffray given on Thursday, September 28.

Investors sentiment increased to 1.24 in 2017 Q4. Its up 0.30, from 0.94 in 2017Q3. It improved, as 58 investors sold TRIP shares while 73 reduced holdings. 47 funds opened positions while 116 raised stakes. 115.06 million shares or 4.24% less from 120.15 million shares in 2017Q3 were reported. Landscape Capital Mngmt Lc accumulated 48,099 shares. State Board Of Administration Of Florida Retirement owns 159,953 shares or 0.01% of their US portfolio. The Nebraska-based Cwm Limited Liability Company has invested 0.24% in TripAdvisor, Inc. (NASDAQ:TRIP). Point72 Asset Management Lp holds 0.05% or 323,164 shares. National Bank Of America De holds 0% or 553,636 shares. Ahl Prtn Llp holds 0.02% in TripAdvisor, Inc. (NASDAQ:TRIP) or 40,664 shares. Moreover, Fifth Third Bank & Trust has 0% invested in TripAdvisor, Inc. (NASDAQ:TRIP) for 665 shares. Aperio Group Ltd Liability Corp has 32,428 shares for 0.01% of their portfolio. Rampart Investment Mngmt Com Lc has invested 0.02% in TripAdvisor, Inc. (NASDAQ:TRIP). Panagora Asset Mngmt owns 15,441 shares or 0% of their US portfolio. Parametric Portfolio Associates Limited Liability has 383,368 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt Sys, Pennsylvania-based fund reported 9,699 shares. Moreover, State Treasurer State Of Michigan has 0.01% invested in TripAdvisor, Inc. (NASDAQ:TRIP) for 31,754 shares. Ubs Asset Mngmt Americas has 315,398 shares. Vanguard Group Inc reported 0.02% stake.

Analysts await TripAdvisor, Inc. (NASDAQ:TRIP) to report earnings on May, 8 after the close. They expect $0.05 EPS, down 68.75% or $0.11 from last year’s $0.16 per share. TRIP’s profit will be $6.95M for 207.65 P/E if the $0.05 EPS becomes a reality. After $-0.08 actual EPS reported by TripAdvisor, Inc. for the previous quarter, Wall Street now forecasts -162.50% EPS growth.

Since December 18, 2017, it had 0 insider purchases, and 3 sales for $1.51 million activity. TEUNISSEN ERNST 02494 had sold 9,457 shares worth $378,280. Nishar Dipchand had sold 346 shares worth $11,937.

TripAdvisor, Inc. (NASDAQ:TRIP) Institutional Positions Chart

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