Pennant Capital Management Has Decreased By $33.72 Million Its Priceline Grp (PCLN) Position, 2 Bullish Analysts Covering Big 5 Sporting Goods (BGFV)

June 19, 2017 - By Peter Erickson

Pennant Capital Management Llc decreased Priceline Grp Inc (PCLN) stake by 41.27% reported in 2016Q4 SEC filing. Pennant Capital Management Llc sold 23,000 shares as Priceline Grp Inc (PCLN)’s stock rose 10.44%. The Pennant Capital Management Llc holds 32,729 shares with $47.98 million value, down from 55,729 last quarter. Priceline Grp Inc now has $90.68 billion valuation. The stock rose 2.74% or $49.38 reaching $1851.99. About 434,492 shares traded. Priceline Group Inc (NASDAQ:PCLN) has risen 44.63% since June 19, 2016 and is uptrending. It has outperformed by 27.93% the S&P500.

Among 3 analysts covering Big 5 Sporting Goods Corp (NASDAQ:BGFV), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Big 5 Sporting Goods Corp had 7 analyst reports since July 30, 2015 according to SRatingsIntel. Deutsche Bank maintained the shares of BGFV in report on Wednesday, October 28 with “Hold” rating. The stock of Big 5 Sporting Goods Corporation (NASDAQ:BGFV) has “Buy” rating given on Monday, February 8 by Stifel Nicolaus. On Wednesday, November 2 the stock rating was maintained by Deutsche Bank with “Buy”. Forward View Consulting maintained the stock with “Hold” rating in Thursday, May 25 report. Deutsche Bank upgraded Big 5 Sporting Goods Corporation (NASDAQ:BGFV) rating on Thursday, October 6. Deutsche Bank has “Buy” rating and $16.50 target. See Big 5 Sporting Goods Corporation (NASDAQ:BGFV) latest ratings:

25/05/2017 Broker: Forward View Consulting Rating: Hold New Target: $14.0000 Maintain

Since March 10, 2017, it had 0 insider purchases, and 7 selling transactions for $1.11 million activity. Another trade for 1,516 shares valued at $21,012 was sold by FRALEY JEFFREY L. HONEYCUTT VAN B also sold $721,077 worth of Big 5 Sporting Goods Corporation (NASDAQ:BGFV) shares. $27,173 worth of Big 5 Sporting Goods Corporation (NASDAQ:BGFV) was sold by MEADE GARY S. DUNBAR JENNIFER HOLDEN had sold 3,000 shares worth $44,430 on Friday, May 5. Starr Shane O also sold $21,001 worth of Big 5 Sporting Goods Corporation (NASDAQ:BGFV) shares.

Investors sentiment increased to 2.2 in Q4 2016. Its up 0.46, from 1.74 in 2016Q3. It improved, as 13 investors sold Big 5 Sporting Goods Corporation shares while 32 reduced holdings. 48 funds opened positions while 51 raised stakes. 22.32 million shares or 28.10% more from 17.43 million shares in 2016Q3 were reported. Teachers Retirement System Of The State Of Kentucky, a Kentucky-based fund reported 10,200 shares. California State Teachers Retirement owns 36,529 shares or 0% of their US portfolio. D E Shaw And Inc reported 0% stake. Jacobs Levy Equity Management Incorporated holds 0.05% in Big 5 Sporting Goods Corporation (NASDAQ:BGFV) or 144,019 shares. Commercial Bank Of New York Mellon invested in 399,007 shares or 0% of the stock. Savings Bank Of Montreal Can has invested 0% in Big 5 Sporting Goods Corporation (NASDAQ:BGFV). Eam Investors accumulated 138,207 shares. Connor Clark & Lunn Investment Mngmt Limited holds 0% or 20,400 shares in its portfolio. Prelude Llc reported 15,815 shares. Hutchin Hill Cap L P accumulated 0.04% or 60,500 shares. 107,612 are held by Tiaa Cref Inv Mgmt Ltd. Walleye Trading Ltd Liability Com stated it has 17,663 shares or 0% of all its holdings. Pacific Ridge Capital Limited Co reported 1.25% of its portfolio in Big 5 Sporting Goods Corporation (NASDAQ:BGFV). Dimensional Fund Advsr L P reported 1.85M shares. Jpmorgan Chase And Communication invested in 11,725 shares.

Big 5 Sporting Goods Corporation is a sporting goods retailer in the western United States. The company has market cap of $316.51 million. The Firm offers a range of products in a sporting goods store format. It has a 13.32 P/E ratio. The Firm also offers products online through its e-commerce platform.

About 527,466 shares traded. Big 5 Sporting Goods Corporation (NASDAQ:BGFV) has risen 57.96% since June 19, 2016 and is uptrending. It has outperformed by 41.26% the S&P500.

Among 28 analysts covering Priceline.com (NASDAQ:PCLN), 24 have Buy rating, 0 Sell and 4 Hold. Therefore 86% are positive. Priceline.com had 58 analyst reports since July 21, 2015 according to SRatingsIntel. Oppenheimer maintained Priceline Group Inc (NASDAQ:PCLN) rating on Tuesday, November 10. Oppenheimer has “Outperform” rating and $1545 target. The company was maintained on Friday, August 7 by Benchmark. The stock of Priceline Group Inc (NASDAQ:PCLN) earned “Market Perform” rating by Wells Fargo on Tuesday, November 8. The firm has “Buy” rating given on Thursday, December 8 by CLSA. The stock of Priceline Group Inc (NASDAQ:PCLN) earned “Buy” rating by Piper Jaffray on Tuesday, August 25. Deutsche Bank downgraded Priceline Group Inc (NASDAQ:PCLN) on Thursday, November 5 to “Hold” rating. The stock has “Buy” rating by Benchmark on Friday, August 5. Stifel Nicolaus upgraded it to “Buy” rating and $1900 target in Thursday, November 10 report. Raymond James downgraded the stock to “Outperform” rating in Tuesday, January 5 report. As per Tuesday, January 10, the company rating was initiated by Citigroup.

Since January 1, 2017, it had 0 buys, and 11 selling transactions for $26.51 million activity. Tans Gillian had sold 122 shares worth $216,279 on Wednesday, March 15. 1,000 shares were sold by Fogel Glenn D, worth $1.57M. Shares for $4.43M were sold by BOYD JEFFERY H on Sunday, January 1. Docter Jan L had sold 1,500 shares worth $2.79M. The insider MILLONES PETER J sold $5.39 million. The insider Finnegan Daniel J sold $5.28 million.

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