World Wrestling Entertainment, Inc. (WWE) Reaches $39.53 After 6.00% Up Move; RF Industries LTD. (RFIL) Shorts Lowered By 72.68%

April 25, 2018 - By Vivian Currie

RF Industries, Ltd. (NASDAQ:RFIL) Logo

The stock of World Wrestling Entertainment, Inc. (NYSE:WWE) is a huge mover today! The stock increased 2.86% or $1.1 during the last trading session, reaching $39.53. About 1.49M shares traded or 75.18% up from the average. World Wrestling Entertainment, Inc. (NYSE:WWE) has risen 63.19% since April 25, 2017 and is uptrending. It has outperformed by 51.64% the S&P500.The move comes after 6 months positive chart setup for the $3.05 billion company. It was reported on Apr, 25 by Barchart.com. We have $41.90 PT which if reached, will make NYSE:WWE worth $183.00 million more.

RF Industries LTD. (NASDAQ:RFIL) had a decrease of 72.68% in short interest. RFIL’s SI was 10,300 shares in April as released by FINRA. Its down 72.68% from 37,700 shares previously. With 101,200 avg volume, 0 days are for RF Industries LTD. (NASDAQ:RFIL)’s short sellers to cover RFIL’s short positions. The SI to RF Industries LTD.’s float is 0.16%. The stock increased 0.92% or $0.05 during the last trading session, reaching $5.5. About 24,915 shares traded. RF Industries, Ltd. (NASDAQ:RFIL) has risen 193.55% since April 25, 2017 and is uptrending. It has outperformed by 182.00% the S&P500.

Among 14 analysts covering World Wrestling (NYSE:WWE), 7 have Buy rating, 0 Sell and 7 Hold. Therefore 50% are positive. World Wrestling had 35 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, April 10 by Wells Fargo. KeyBanc Capital Markets maintained it with “Overweight” rating and $21 target in Thursday, June 16 report. The stock of World Wrestling Entertainment, Inc. (NYSE:WWE) earned “Buy” rating by Needham on Wednesday, April 5. The firm earned “Buy” rating on Tuesday, January 10 by M Partners. The rating was upgraded by Wells Fargo on Thursday, January 4 to “Outperform”. The rating was maintained by Needham on Friday, July 31 with “Buy”. KeyBanc Capital Markets maintained the shares of WWE in report on Friday, August 25 with “Hold” rating. Needham maintained World Wrestling Entertainment, Inc. (NYSE:WWE) on Monday, September 25 with “Buy” rating. The stock of World Wrestling Entertainment, Inc. (NYSE:WWE) earned “Buy” rating by Needham on Wednesday, January 24. FBN Securities downgraded the stock to “Sector Perform” rating in Monday, October 30 report.

Analysts await World Wrestling Entertainment, Inc. (NYSE:WWE) to report earnings on May, 3 before the open. They expect $0.12 earnings per share, up 50.00% or $0.04 from last year’s $0.08 per share. WWE’s profit will be $9.26M for 82.35 P/E if the $0.12 EPS becomes a reality. After $0.21 actual earnings per share reported by World Wrestling Entertainment, Inc. for the previous quarter, Wall Street now forecasts -42.86% negative EPS growth.

Since February 11, 2018, it had 0 insider purchases, and 2 insider sales for $123,817 activity. 1,419 World Wrestling Entertainment, Inc. (NYSE:WWE) shares with value of $50,417 were sold by Bilstad Blake Timothy. Kowal Mark also sold $73,400 worth of World Wrestling Entertainment, Inc. (NYSE:WWE) shares.

World Wrestling Entertainment, Inc., an integrated media and entertainment company, engages in the sports entertainment business in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company has market cap of $3.05 billion. The firm operates through Network, Television, Home Entertainment, Digital Media, Live Events, Licensing, Venue Merchandise, WWEShop, and WWE Studios divisions. It has a 94.12 P/E ratio. It operates WWE Network, a live streaming network that offers pay-per-view events, original programming, and video-on-demand library; and produces television programming, reality shows, and other programming, as well as produces content via home entertainment platforms, including DVD, Blu-Ray, subscription, and transactional on-demand outlets.

Investors sentiment increased to 2.17 in 2017 Q4. Its up 0.22, from 1.95 in 2017Q3. It increased, as 12 investors sold World Wrestling Entertainment, Inc. shares while 34 reduced holdings. 36 funds opened positions while 64 raised stakes. 40.16 million shares or 17.42% more from 34.20 million shares in 2017Q3 were reported. California Public Employees Retirement System stated it has 63,145 shares or 0% of all its holdings. 68,442 are held by Comerica Bank. Goldman Sachs Group reported 266,881 shares stake. 1.14M were accumulated by Ww. Plante Moran Fincl Advisors Lc stated it has 0% in World Wrestling Entertainment, Inc. (NYSE:WWE). Needham Inv Limited Co invested in 16,000 shares. Ascend Cap reported 0.18% stake. Fny Managed Accounts Ltd Liability holds 0% or 109 shares in its portfolio. 616,385 were reported by Elk Creek Partners Limited Liability. Acadian Asset Mgmt Limited Liability Corp reported 0.01% stake. Cipher Cap Limited Partnership invested in 27,381 shares or 0.07% of the stock. Parkside Bankshares Trust holds 24 shares or 0% of its portfolio. Cubist Systematic Strategies Limited Com accumulated 7,630 shares. Marathon Prtnrs Equity reported 0.92% stake. Rhumbline Advisers holds 0.01% or 88,843 shares.

Investors sentiment increased to 1.75 in 2017 Q4. Its up 0.75, from 1 in 2017Q3. It increased, as 1 investors sold RF Industries, Ltd. shares while 3 reduced holdings. 3 funds opened positions while 4 raised stakes. 1.71 million shares or 10.31% less from 1.90 million shares in 2017Q3 were reported. Blackrock Incorporated accumulated 0% or 347,363 shares. Acadian Asset Limited Liability Corp stated it has 574 shares. North Star accumulated 0% or 6,450 shares. California Employees Retirement has 40,400 shares for 0% of their portfolio. Geode Management Limited Liability Co stated it has 0% in RF Industries, Ltd. (NASDAQ:RFIL). Dimensional Fund Limited Partnership accumulated 259,206 shares or 0% of the stock. Royal Bancorporation Of Canada accumulated 22,535 shares or 0% of the stock. Thompson Davis & Inc holds 0.22% or 35,000 shares. The New York-based Morgan Stanley has invested 0% in RF Industries, Ltd. (NASDAQ:RFIL). Moreover, Bridgeway Cap Mngmt has 0% invested in RF Industries, Ltd. (NASDAQ:RFIL). Deutsche Savings Bank Ag has 10,159 shares. Northern Trust accumulated 12,337 shares. Moreover, Vanguard Grp Incorporated has 0% invested in RF Industries, Ltd. (NASDAQ:RFIL) for 106,818 shares. Wells Fargo And Mn holds 0% of its portfolio in RF Industries, Ltd. (NASDAQ:RFIL) for 2,000 shares. New York-based Renaissance Limited Liability Corp has invested 0% in RF Industries, Ltd. (NASDAQ:RFIL).

RF Industries, Ltd., together with its subsidiaries, designs, makes, and markets interconnect products and systems to co-location centers, data processing centers, telecommunications and telephone companies, wireless carriers, and telecommunication equipment and solution providers in the United States and internationally. The company has market cap of $49.36 million. The companyÂ’s Connector and Cable Assembly division designs, makes, and distributes coaxial connectors and cable assemblies that are integrated with coaxial connectors. It has a 47.41 P/E ratio. The Company’s Cables Unlimited division makes and sells custom and standard cable assemblies, hybrid fiber optic power solution cables, adapters, and electromechanical wiring harnesses for communication, computer, LAN, automotive, and medical equipment.

Since March 15, 2018, it had 0 insider purchases, and 8 insider sales for $791,159 activity. HILL HOWARD F had sold 40,000 shares worth $183,700. Reynolds William sold $141,785 worth of stock or 30,076 shares. Benoit Edward Joseph sold $186,800 worth of stock.

World Wrestling Entertainment, Inc. (NYSE:WWE) Institutional Positions Chart

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