Permit Capital Has Lowered Blucora (BCOR) Stake by $3.98 Million; Stock Value Rose; Roumell Asset Management Has Boosted Its Stake in Marchex (MCHX) by $735,660 as Stock Value Rose

February 19, 2018 - By Ellis Scott

Permit Capital Llc decreased its stake in Blucora Inc (BCOR) by 41.43% based on its latest 2017Q3 regulatory filing with the SEC. Permit Capital Llc sold 159,230 shares as the company’s stock rose 29.25% with the market. The hedge fund held 225,099 shares of the technology company at the end of 2017Q3, valued at $5.70M, down from 384,329 at the end of the previous reported quarter. Permit Capital Llc who had been investing in Blucora Inc for a number of months, seems to be less bullish one the $1.11 billion market cap company. The stock decreased 1.83% or $0.45 during the last trading session, reaching $24.1. About 465,898 shares traded or 9.44% up from the average. Blucora, Inc. (NASDAQ:BCOR) has risen 147.59% since February 19, 2017 and is uptrending. It has outperformed by 130.89% the S&P500.

Jim Roumell increased its stake in Marchex Inc (MCHX) by 20.54% based on its latest 2017Q3 regulatory filing with the SEC. Roumell Asset Management Llc bought 245,220 shares as the company’s stock rose 5.71% with the market. The hedge fund run by Jim Roumell held 1.44 million shares of the miscellaneous company at the end of 2017Q3, valued at $4.45 million, up from 1.19 million at the end of the previous reported quarter. Roumell Asset Management Llc who had been investing in Marchex Inc for a number of months, seems to be bullish on the $142.80 million market cap company. The stock decreased 6.30% or $0.22 during the last trading session, reaching $3.27. About 280,509 shares traded or 236.34% up from the average. Marchex, Inc. (NASDAQ:MCHX) has declined 8.92% since February 19, 2017 and is downtrending. It has underperformed by 25.62% the S&P500.

Since February 5, 2018, it had 1 buying transaction, and 0 sales for $447,843 activity.

Investors sentiment decreased to 0.92 in 2017 Q3. Its down 0.14, from 1.06 in 2017Q2. It dropped, as 9 investors sold MCHX shares while 17 reduced holdings. 6 funds opened positions while 18 raised stakes. 20.74 million shares or 1.73% less from 21.10 million shares in 2017Q2 were reported. Nationwide Fund stated it has 0% in Marchex, Inc. (NASDAQ:MCHX). Lmr Prns Ltd Liability Partnership holds 41,824 shares. Macquarie Gp invested in 65,494 shares. Pnc Finance Serv has invested 0% in Marchex, Inc. (NASDAQ:MCHX). Parallax Volatility Advisers Lp holds 0% in Marchex, Inc. (NASDAQ:MCHX) or 2,689 shares. Wells Fargo & Company Mn reported 9,862 shares stake. Howe And Rusling has 655 shares. Connor Clark Lunn Investment Management Ltd holds 0% of its portfolio in Marchex, Inc. (NASDAQ:MCHX) for 60,100 shares. Goldman Sachs accumulated 53,653 shares or 0% of the stock. 15,293 are held by Jpmorgan Chase & Co. Moreover, Buckhead Cap Ltd Llc has 0.04% invested in Marchex, Inc. (NASDAQ:MCHX). Blackrock Inc holds 0% of its portfolio in Marchex, Inc. (NASDAQ:MCHX) for 805,706 shares. Moreover, Bridgeway Mngmt Inc has 0% invested in Marchex, Inc. (NASDAQ:MCHX) for 92,000 shares. Germany-based Deutsche Commercial Bank Ag has invested 0% in Marchex, Inc. (NASDAQ:MCHX). Tudor Et Al invested 0% in Marchex, Inc. (NASDAQ:MCHX).

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