Advanced Accele. Ads (NASDAQ:AAAP).
Scopia Capital Management Lp bought 818,980 shares in the previous quarter increasing its stake in Advanced Accele. Ads (AAAP) by 76.5%. Its stake was valued at $127,744,000 an increase of 205.8% as of quarter end.
Several firms have shifted positions in (AAAP). Schonfeld Strategic Advisors LLC added to its investment by buying 32,341 shares an increase of 64.7%. Schonfeld Strategic Advisors LLC controls 82,341 shares worth $5,568,000. The value of the position overall is up by 185.2%. As of quarter end Clearbridge Investments, LLC had bought 99,612 shares growing its holdings by 106.6%. The value of the investment in AAAP went from $3,647,000 to $13,053,000 increasing 257.9% quarter to quarter.
Adage Capital Partners Gp, L.l.c. grew its ownership by buying 25,000 shares an increase of 4.0% in the quarter. Adage Capital Partners Gp, L.l.c. now controls 650,000 shares valued at $43,953,000. The total value of its holdings increased 80.1%.
October 2 investment analysts at JMP Securities left the company rating at “Outperform” with a current price target of $69.00.
On September 1 Jefferies Group LLC kept the stock rating at “Buy” targeting a price of $60.00.
The company is now up by 0.05% since yesterday’s close of 80.99. The company currently has a P/E ratio of N/A and market cap is 3.58B. In the last earnings report the EPS was $-1.14 with 88.33M shares now outstanding.
Traders are a little more bearish on shares of Advanced Accele. Ads recently looking at the increase in short interest. The firm recorded a rise in short interest between September 29, 2017 and October 13, 2017 of 223.52%. Short shares grew 107,041 over that timeframe. Days to cover increased 1.0 to 1.0 and the percentage of shorted shares was 0.00% on October 13.