State Treasurer State Of Michigan Has Raised Its Position in Cognex (CGNX) by $1.81 Million; Alaska Air Group (ALK) Share Price Declined While Davidson Investment Advisors Boosted Its Position

April 21, 2018 - By Hazel Jackson

Cognex Corporation (NASDAQ:CGNX) Logo

State Treasurer State Of Michigan increased its stake in Cognex Corp (CGNX) by 90.8% based on its latest 2017Q4 regulatory filing with the SEC. State Treasurer State Of Michigan bought 29,600 shares as the company’s stock declined 13.83% with the market. The institutional investor held 62,200 shares of the industrial machinery and components company at the end of 2017Q4, valued at $3.80M, up from 32,600 at the end of the previous reported quarter. State Treasurer State Of Michigan who had been investing in Cognex Corp for a number of months, seems to be bullish on the $8.80B market cap company. The stock increased 2.41% or $1.2 during the last trading session, reaching $50.9. About 2.24M shares traded. Cognex Corporation (NASDAQ:CGNX) has risen 31.99% since April 21, 2017 and is uptrending. It has outperformed by 20.44% the S&P500.

Davidson Investment Advisors increased its stake in Alaska Air Group Inc (ALK) by 26.69% based on its latest 2017Q4 regulatory filing with the SEC. Davidson Investment Advisors bought 29,507 shares as the company’s stock declined 17.22% with the market. The institutional investor held 140,072 shares of the transportation company at the end of 2017Q4, valued at $10.30 million, up from 110,565 at the end of the previous reported quarter. Davidson Investment Advisors who had been investing in Alaska Air Group Inc for a number of months, seems to be bullish on the $8.07 billion market cap company. The stock decreased 0.20% or $0.13 during the last trading session, reaching $65.39. About 1.76M shares traded. Alaska Air Group, Inc. (NYSE:ALK) has declined 35.27% since April 21, 2017 and is downtrending. It has underperformed by 46.82% the S&P500.

Davidson Investment Advisors, which manages about $1.17 billion and $963.02M US Long portfolio, decreased its stake in Silicon Laboratories Inc (NASDAQ:SLAB) by 52,040 shares to 77,640 shares, valued at $6.86M in 2017Q4, according to the filing. It also reduced its holding in Gilead Sciences Inc (NASDAQ:GILD) by 41,317 shares in the quarter, leaving it with 285,016 shares, and cut its stake in Schlumberger Ltd (NYSE:SLB).

Investors sentiment decreased to 0.99 in 2017 Q4. Its down 0.35, from 1.34 in 2017Q3. It fall, as 68 investors sold ALK shares while 156 reduced holdings. 80 funds opened positions while 142 raised stakes. 102.14 million shares or 2.96% less from 105.25 million shares in 2017Q3 were reported. Teachers Retirement System Of The State Of Kentucky invested in 0.06% or 63,864 shares. Keybank Association Oh holds 0% or 11,159 shares. Raymond James Tru Na reported 3,092 shares or 0.02% of all its holdings. Carroll stated it has 528 shares. Lenox Wealth Mngmt holds 300 shares. Nuveen Asset Ltd Liability reported 0.01% in Alaska Air Group, Inc. (NYSE:ALK). First Personal Fin reported 0% in Alaska Air Group, Inc. (NYSE:ALK). State Bank Of Montreal Can has 187,024 shares. 285,314 were accumulated by Voya Limited Liability Corp. Sigma Planning has 5,867 shares for 0.03% of their portfolio. Asset Mgmt One owns 534 shares. Pub Employees Retirement Systems Of Ohio stated it has 0.02% of its portfolio in Alaska Air Group, Inc. (NYSE:ALK). Renaissance Gp Lc has 376,683 shares for 0.94% of their portfolio. Advantus Capital Management owns 12,240 shares. Verition Fund Management Ltd Limited Liability Company holds 0.07% or 10,055 shares.

Since February 16, 2018, it had 0 insider buys, and 5 sales for $989,848 activity. The insider BECK GARY L sold $511,780. HARRISON ANDREW R sold $152,474 worth of Alaska Air Group, Inc. (NYSE:ALK) on Thursday, March 8. Another trade for 1,503 shares valued at $97,695 was sold by LEVINE KYLE B. The insider PEDERSEN BRANDON sold 2,700 shares worth $175,879.

Among 17 analysts covering Alaska Air Group (NYSE:ALK), 8 have Buy rating, 2 Sell and 7 Hold. Therefore 47% are positive. Alaska Air Group had 86 analyst reports since July 24, 2015 according to SRatingsIntel. Imperial Capital initiated Alaska Air Group, Inc. (NYSE:ALK) on Friday, September 23 with “In-Line” rating. The firm earned “Buy” rating on Thursday, September 21 by Stifel Nicolaus. Morgan Stanley maintained Alaska Air Group, Inc. (NYSE:ALK) on Monday, November 13 with “Overweight” rating. JP Morgan upgraded Alaska Air Group, Inc. (NYSE:ALK) on Wednesday, July 27 to “Overweight” rating. Bank of America downgraded Alaska Air Group, Inc. (NYSE:ALK) rating on Tuesday, January 9. Bank of America has “Hold” rating and $84.0 target. The company was maintained on Friday, February 10 by Imperial Capital. The firm has “Outperform” rating by Cowen & Co given on Tuesday, June 20. Cowen & Co maintained Alaska Air Group, Inc. (NYSE:ALK) on Monday, December 4 with “Buy” rating. The firm earned “Outperform” rating on Tuesday, August 18 by Cowen & Co. Morgan Stanley maintained the shares of ALK in report on Tuesday, August 4 with “Overweight” rating.

Since March 12, 2018, it had 0 buys, and 1 sale for $564,892 activity.

Investors sentiment increased to 6.53 in Q4 2017. Its up 5.48, from 1.05 in 2017Q3. It improved, as 32 investors sold CGNX shares while 21 reduced holdings. 84 funds opened positions while 262 raised stakes. 268.44 million shares or 268.52% more from 72.84 million shares in 2017Q3 were reported. Mason Street Advsr Limited Liability Com has invested 0.12% in Cognex Corporation (NASDAQ:CGNX). Illinois-based Old Second Retail Bank Of Aurora has invested 0% in Cognex Corporation (NASDAQ:CGNX). 399,500 were accumulated by 1832 Asset Management L P. Efg Asset Mngmt (Americas) Corp reported 8,276 shares. Cetera Advsr Limited Liability Company owns 5,443 shares for 0.02% of their portfolio. Ameriprise Fin invested in 4.10M shares or 0.12% of the stock. American Management invested 5.9% of its portfolio in Cognex Corporation (NASDAQ:CGNX). Lpl Lc holds 68,038 shares. Bluestein R H & reported 6,200 shares stake. Wealth Enhancement Advisory Ser Ltd Liability Com owns 15,889 shares or 0.08% of their US portfolio. Arizona State Retirement Systems has invested 0.07% in Cognex Corporation (NASDAQ:CGNX). Benjamin F Edwards Com holds 0% or 230 shares in its portfolio. Raymond James Financial Advsrs Incorporated holds 51,186 shares. Whittier Trust Commerce Of Nevada Inc owns 2,597 shares. Dupont Capital Mngmt owns 9,838 shares.

Alaska Air Group, Inc. (NYSE:ALK) Institutional Positions Chart

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.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: