Arrow Electronics, Inc. (ARW) Forms $83.93 Double Top; Navigant Consulting (NCI) Sellers Increased By 18.89% Their Shorts

Navigant Consulting Incorporated (NYSE:NCI) had an increase of 18.89% in short interest. NCI’s SI was 467,700 shares in January as released by FINRA. Its up 18.89% from 393,400 shares previously. With 316,400 avg volume, 2 days are for Navigant Consulting Incorporated (NYSE:NCI)’s short sellers to cover NCI’s short positions. The SI to Navigant Consulting Incorporated’s float is 1.01%. The stock increased 0.46% or $0.09 during the last trading session, reaching $19.74. About 171,899 shares traded. Navigant Consulting, Inc. (NYSE:NCI) has risen 27.76% since January 9, 2017 and is uptrending. It has outperformed by 11.06% the S&P500.

Arrow Electronics, Inc. (ARW) formed double top with $87.29 target or 4.00% above today’s $83.93 share price. Arrow Electronics, Inc. (ARW) has $7.41 billion valuation. The stock increased 0.36% or $0.3 during the last trading session, reaching $83.93. About 266,433 shares traded. Arrow Electronics, Inc. (NYSE:ARW) has risen 21.10% since January 9, 2017 and is uptrending. It has outperformed by 4.40% the S&P500.

Investors sentiment increased to 1.15 in Q3 2017. Its up 0.23, from 0.92 in 2017Q2. It increased, as 23 investors sold Arrow Electronics, Inc. shares while 110 reduced holdings. 49 funds opened positions while 104 raised stakes. 80.16 million shares or 1.84% less from 81.66 million shares in 2017Q2 were reported. 1.09 million were accumulated by Fiduciary Mngmt Incorporated Wi. Regions Financial accumulated 8,052 shares. Public Sector Pension Invest Board has 5,100 shares for 0% of their portfolio. Oregon Employees Retirement Fund stated it has 0.07% in Arrow Electronics, Inc. (NYSE:ARW). The Texas-based Barrow Hanley Mewhinney And Strauss Limited Liability has invested 0% in Arrow Electronics, Inc. (NYSE:ARW). Sumitomo Mitsui Trust invested in 269,575 shares. Brandes Prtnrs Ltd Partnership has invested 0.03% of its portfolio in Arrow Electronics, Inc. (NYSE:ARW). Victory Capital Mngmt has 168,167 shares for 0.03% of their portfolio. Dreman Value Mngmt L L C owns 6,053 shares or 0.27% of their US portfolio. Winfield Associates invested in 55 shares. Hillsdale Investment Mgmt Inc stated it has 0.01% of its portfolio in Arrow Electronics, Inc. (NYSE:ARW). Rhumbline Advisers accumulated 182,864 shares or 0.03% of the stock. Public Employees Retirement Association Of Colorado holds 157,109 shares or 0.09% of its portfolio. Schroder Inv Mngmt Group owns 737,638 shares. Kbc Group Nv accumulated 90,639 shares or 0.07% of the stock.

Among 10 analysts covering Arrow Electronics Inc. (NYSE:ARW), 6 have Buy rating, 1 Sell and 3 Hold. Therefore 60% are positive. Arrow Electronics Inc. had 17 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Arrow Electronics, Inc. (NYSE:ARW) has “Buy” rating given on Friday, January 22 by Longbow. The firm has “Buy” rating given on Monday, May 9 by Goldman Sachs. Credit Agricole upgraded the shares of ARW in report on Wednesday, July 29 to “Buy” rating. The stock has “Neutral” rating by Goldman Sachs on Tuesday, September 20. SunTrust downgraded Arrow Electronics, Inc. (NYSE:ARW) on Tuesday, January 3 to “Hold” rating. The stock of Arrow Electronics, Inc. (NYSE:ARW) earned “Buy” rating by Bank of America on Wednesday, April 27. Stifel Nicolaus maintained the shares of ARW in report on Monday, July 17 with “Buy” rating. The stock has “Outperform” rating by CLSA on Thursday, October 29. Stifel Nicolaus maintained Arrow Electronics, Inc. (NYSE:ARW) on Sunday, September 10 with “Buy” rating. The stock of Arrow Electronics, Inc. (NYSE:ARW) earned “Buy” rating by Stifel Nicolaus on Wednesday, October 4.

Analysts await Arrow Electronics, Inc. (NYSE:ARW) to report earnings on February, 6. They expect $2.29 EPS, up 14.50% or $0.29 from last year’s $2 per share. ARW’s profit will be $202.12M for 9.16 P/E if the $2.29 EPS becomes a reality. After $1.82 actual EPS reported by Arrow Electronics, Inc. for the previous quarter, Wall Street now forecasts 25.82% EPS growth.

Since August 10, 2017, it had 0 insider buys, and 2 selling transactions for $1.93 million activity. 20,910 Arrow Electronics, Inc. (NYSE:ARW) shares with value of $1.59M were sold by LONG MICHAEL J. Kerins Sean J also sold $345,445 worth of Arrow Electronics, Inc. (NYSE:ARW) on Friday, August 25.

Navigant Consulting, Inc. provides professional services to corporate executives and senior management, corporate counsel, law firms, corporate boards, special committees, and governmental agencies worldwide. The company has market cap of $906.46 million. The firm operates through four divisions: Healthcare; Energy; Financial Services Advisory and Compliance; and Disputes, Forensics & Legal Technology. It has a 21 P/E ratio. The Healthcare segment provides consulting and business process management services to healthcare providers, payers, and life sciences companies.

Among 4 analysts covering Navigant Consulting (NYSE:NCI), 2 have Buy rating, 1 Sell and 1 Hold. Therefore 50% are positive. Navigant Consulting had 5 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Monday, November 2 by Barrington Research. The firm earned “Sell” rating on Monday, September 21 by Zacks. The stock of Navigant Consulting, Inc. (NYSE:NCI) earned “Outperform” rating by Avondale on Friday, July 31. The firm has “Sell” rating by Zacks given on Monday, September 7. The rating was maintained by SunTrust with “Hold” on Wednesday, October 18.

Since August 21, 2017, it had 0 buys, and 1 insider sale for $206,920 activity. WEED MONICA M sold $206,920 worth of stock or 14,000 shares.

Investors sentiment increased to 1.31 in Q3 2017. Its up 0.19, from 1.12 in 2017Q2. It increased, as 18 investors sold Navigant Consulting, Inc. shares while 47 reduced holdings. 29 funds opened positions while 56 raised stakes. 40.29 million shares or 4.05% less from 41.99 million shares in 2017Q2 were reported. Park Corporation Oh has invested 0.01% in Navigant Consulting, Inc. (NYSE:NCI). Pub Employees Retirement Of Ohio owns 28,300 shares. Citadel Advsr Lc owns 154,234 shares. Alaska-based State Of Alaska Department Of Revenue has invested 0.01% in Navigant Consulting, Inc. (NYSE:NCI). Lsv Asset Management holds 408,400 shares or 0.01% of its portfolio. Citigroup Inc stated it has 40,500 shares or 0% of all its holdings. Royal Fincl Bank Of Canada reported 4,319 shares stake. Gemmer Asset Mngmt Lc holds 0% in Navigant Consulting, Inc. (NYSE:NCI) or 212 shares. Teachers Ins & Annuity Association Of America holds 0.03% or 61,816 shares. Prelude Cap Ltd Limited Liability Company has 0% invested in Navigant Consulting, Inc. (NYSE:NCI). First Mercantile Com has invested 0.01% in Navigant Consulting, Inc. (NYSE:NCI). Ameriprise holds 467,789 shares. Pacific Ridge Partners Llc holds 19,300 shares or 0.09% of its portfolio. Art Advsrs Limited owns 23,500 shares. Jpmorgan Chase And reported 0% stake.