Tekne Capital Management Upped Its Holding in Stamps Com (STMP) by $4.06 Million; Hodges Capital Management Lifted Air Transport Services Group I (ATSG) Position

May 20, 2018 - By Henry Gaston

Stamps.com Inc. (NASDAQ:STMP) Logo

Beeneet Kothari increased its stake in Stamps Com Inc (STMP) by 13.4% based on its latest 2017Q4 regulatory filing with the SEC. Tekne Capital Management Llc bought 21,709 shares as the company’s stock rose 7.45% while stock markets declined. The hedge fund run by Beeneet Kothari held 183,773 shares of the business services company at the end of 2017Q4, valued at $34.55 million, up from 162,064 at the end of the previous reported quarter. Tekne Capital Management Llc who had been investing in Stamps Com Inc for a number of months, seems to be bullish on the $4.45B market cap company. The stock increased 0.08% or $0.2 during the last trading session, reaching $248. About 183,687 shares traded. Stamps.com Inc. (NASDAQ:STMP) has risen 69.91% since May 20, 2017 and is uptrending. It has outperformed by 58.36% the S&P500.

Hodges Capital Management Inc increased its stake in Air Transport Services Group I (ATSG) by 2.79% based on its latest 2017Q4 regulatory filing with the SEC. Hodges Capital Management Inc bought 25,385 shares as the company’s stock declined 2.99% with the market. The institutional investor held 934,000 shares of the transportation company at the end of 2017Q4, valued at $21.61 million, up from 908,615 at the end of the previous reported quarter. Hodges Capital Management Inc who had been investing in Air Transport Services Group I for a number of months, seems to be bullish on the $1.26 billion market cap company. The stock decreased 1.11% or $0.24 during the last trading session, reaching $21.38. About 456,869 shares traded. Air Transport Services Group, Inc. (NASDAQ:ATSG) has risen 43.71% since May 20, 2017 and is uptrending. It has outperformed by 32.16% the S&P500.

Among 9 analysts covering Stamps.com (NASDAQ:STMP), 7 have Buy rating, 1 Sell and 1 Hold. Therefore 78% are positive. Stamps.com had 32 analyst reports since August 7, 2015 according to SRatingsIntel. Craig Hallum maintained Stamps.com Inc. (NASDAQ:STMP) on Thursday, August 3 with “Buy” rating. The stock has “Buy” rating by Craig Hallum on Thursday, February 22. On Friday, November 6 the stock rating was upgraded by B. Riley & Co to “Buy”. Sidoti upgraded the stock to “Buy” rating in Tuesday, January 12 report. The firm earned “Buy” rating on Monday, April 23 by Craig Hallum. The stock of Stamps.com Inc. (NASDAQ:STMP) has “Buy” rating given on Friday, August 25 by Craig Hallum. Singular Research maintained Stamps.com Inc. (NASDAQ:STMP) on Monday, November 9 with “Buy” rating. Roth Capital maintained the shares of STMP in report on Thursday, February 22 with “Buy” rating. The rating was maintained by B Riley on Friday, August 7 with “Neutral”. The rating was maintained by Northland Capital with “Buy” on Monday, November 20.

Investors sentiment increased to 1.21 in 2017 Q4. Its up 0.20, from 1.01 in 2017Q3. It increased, as 39 investors sold STMP shares while 70 reduced holdings. 41 funds opened positions while 91 raised stakes. 16.37 million shares or 0.78% more from 16.25 million shares in 2017Q3 were reported. Pennsylvania-based Conestoga Cap Advsrs Lc has invested 2.28% in Stamps.com Inc. (NASDAQ:STMP). Gilder Gagnon Howe & Ltd Llc invested 0% in Stamps.com Inc. (NASDAQ:STMP). P2 Prtn Lc has invested 14.04% in Stamps.com Inc. (NASDAQ:STMP). Light Street Cap Mngmt Ltd Limited Liability Company holds 300,000 shares or 6.1% of its portfolio. First Manhattan has 0% invested in Stamps.com Inc. (NASDAQ:STMP). Moreover, Barclays Public Limited Company has 0% invested in Stamps.com Inc. (NASDAQ:STMP). First Republic Investment Management invested in 48,251 shares or 0.06% of the stock. Bnp Paribas Arbitrage Sa has 0% invested in Stamps.com Inc. (NASDAQ:STMP) for 7,386 shares. Ls Invest Advsr Limited holds 0.02% or 1,452 shares in its portfolio. First Tru Advisors Lp has invested 0.01% in Stamps.com Inc. (NASDAQ:STMP). American Century Cos Inc has 0.01% invested in Stamps.com Inc. (NASDAQ:STMP) for 37,005 shares. Ashford Cap Management Inc stated it has 2.18% of its portfolio in Stamps.com Inc. (NASDAQ:STMP). Origin Asset Limited Liability Partnership reported 2,586 shares or 0.03% of all its holdings. Iowa-based Cambridge Inv Rech Advsrs has invested 0% in Stamps.com Inc. (NASDAQ:STMP). Moreover, Los Angeles Cap & Equity has 0.01% invested in Stamps.com Inc. (NASDAQ:STMP) for 5,623 shares.

More important recent Stamps.com Inc. (NASDAQ:STMP) news were published by: Streetinsider.com which released: “B.Riley/FBR Reiterates Buy on Stamps.com (STMP) Following Postal Forum” on May 09, 2018, also Businesswire.com published article titled: “Stamps.com First Quarter 2018 Financial Results Call Invitation”, Seekingalpha.com published: “Stamps.com: Growth Initiatives To Drive Stock Higher” on May 14, 2018. More interesting news about Stamps.com Inc. (NASDAQ:STMP) was released by: Seekingalpha.com and their article: “Stamps.com’s (STMP) CEO Ken McBride on Q1 2018 Results – Earnings Call Transcript” with publication date: May 04, 2018.

Since December 18, 2017, it had 0 insider purchases, and 20 sales for $47.36 million activity. Buerba Sebastian sold $927,635 worth of stock. MCBRIDE KENNETH THOMAS sold $1.27 million worth of stock or 6,362 shares. Khechfe Amine sold 1,200 shares worth $229,620. Lipson Matthew A. also sold $2.24 million worth of Stamps.com Inc. (NASDAQ:STMP) shares. HUEBNER KYLE sold $8.47 million worth of Stamps.com Inc. (NASDAQ:STMP) on Monday, March 5. $925,933 worth of Stamps.com Inc. (NASDAQ:STMP) shares were sold by Clem John Roland.

Since December 18, 2017, it had 0 insider purchases, and 10 selling transactions for $1.32 million activity. Corrado Richard Francis had sold 11,639 shares worth $288,764 on Monday, March 12. PAYNE W JOSEPH sold $195,675 worth of Air Transport Services Group, Inc. (NASDAQ:ATSG) on Thursday, March 1.

Hodges Capital Management Inc, which manages about $2.29 billion and $1.36 billion US Long portfolio, decreased its stake in Timkensteel Corp (NYSE:TMST) by 93,600 shares to 23,095 shares, valued at $351,000 in 2017Q4, according to the filing. It also reduced its holding in Professionally Managed Portfol (HDSMX) by 82,742 shares in the quarter, leaving it with 156,920 shares, and cut its stake in Cf Industries Holdings Inc (NYSE:CF).

More important recent Air Transport Services Group, Inc. (NASDAQ:ATSG) news were published by: Businesswire.com which released: “Airborne Maintenance & Engineering Services Honored as Airport Business of the Year” on May 01, 2018, also Businesswire.com published article titled: “ATSG Extends Strong Earnings Growth in First Quarter”, Businesswire.com published: “ATSG to Host First Quarter 2018 Conference Call” on April 26, 2018. More interesting news about Air Transport Services Group, Inc. (NASDAQ:ATSG) was released by: Streetinsider.com and their article: “Air Transport Services Group (ATSG) PT Lowered to $23 at Stifel on 1Q Report; ‘Uncertainty Around Future Growth'” with publication date: May 08, 2018.

Investors sentiment decreased to 1.14 in 2017 Q4. Its down 0.08, from 1.22 in 2017Q3. It turned negative, as 20 investors sold ATSG shares while 51 reduced holdings. 30 funds opened positions while 51 raised stakes. 51.88 million shares or 0.62% less from 52.21 million shares in 2017Q3 were reported. 383,333 were reported by Emerald Mutual Fund Advisers Tru. Penn Capital Mgmt Inc has invested 0.24% in Air Transport Services Group, Inc. (NASDAQ:ATSG). Panagora Asset Management Inc invested in 0% or 3,500 shares. Schwab Charles Management reported 0.01% in Air Transport Services Group, Inc. (NASDAQ:ATSG). Bancshares Of Mellon Corporation reported 0% in Air Transport Services Group, Inc. (NASDAQ:ATSG). Ubs Asset Mngmt Americas has 0% invested in Air Transport Services Group, Inc. (NASDAQ:ATSG). Envestnet Asset Management accumulated 0% or 10,391 shares. Moreover, Hodges Capital Mngmt has 1.58% invested in Air Transport Services Group, Inc. (NASDAQ:ATSG) for 934,000 shares. D E Shaw & Communication Inc has 405,510 shares. Texas-based Barrow Hanley Mewhinney & Strauss Limited Liability Corp has invested 0.09% in Air Transport Services Group, Inc. (NASDAQ:ATSG). Fincl Architects stated it has 0% in Air Transport Services Group, Inc. (NASDAQ:ATSG). Swiss Savings Bank, Switzerland-based fund reported 24,550 shares. Axiom Intl Ltd De owns 377,912 shares or 0.22% of their US portfolio. Citigroup holds 22,258 shares. Nj State Employees Deferred Compensation Plan invested in 0.04% or 10,000 shares.

Among 6 analysts covering Air Transport Services Group (NASDAQ:ATSG), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Air Transport Services Group had 21 analyst reports since August 7, 2015 according to SRatingsIntel. As per Wednesday, February 28, the company rating was maintained by Cowen & Co. Cowen & Co maintained Air Transport Services Group, Inc. (NASDAQ:ATSG) on Friday, October 13 with “Buy” rating. Susquehanna initiated the stock with “Hold” rating in Thursday, August 17 report. Stifel Nicolaus maintained the shares of ATSG in report on Thursday, August 3 with “Hold” rating. The firm has “Hold” rating by Stifel Nicolaus given on Monday, June 26. The company was initiated on Friday, August 26 by Stifel Nicolaus. The company was maintained on Wednesday, February 10 by Cowen & Co. As per Thursday, January 18, the company rating was maintained by Stifel Nicolaus. Imperial Capital maintained the stock with “In-Line” rating in Thursday, May 17 report. The stock has “Outperform” rating by Imperial Capital on Sunday, August 9.

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