New England Research & Management Has Upped Symantec (SYMC) Holding By $368,200; Perficient (PRFT) Shorts Lowered By 4.74%

Symantec Corporation (NASDAQ:SYMC) Logo

New England Research & Management Inc increased Symantec (SYMC) stake by 83.76% reported in 2017Q4 SEC filing. New England Research & Management Inc acquired 13,150 shares as Symantec (SYMC)’s stock declined 9.92%. The New England Research & Management Inc holds 28,850 shares with $810,000 value, up from 15,700 last quarter. Symantec now has $15.66 billion valuation. The stock decreased 2.51% or $0.65 during the last trading session, reaching $25.2. About 6.35M shares traded. Symantec Corporation (NASDAQ:SYMC) has declined 16.28% since April 3, 2017 and is downtrending. It has underperformed by 27.83% the S&P500.

Perficient Inc (NASDAQ:PRFT) had a decrease of 4.74% in short interest. PRFT’s SI was 347,600 shares in April as released by FINRA. Its down 4.74% from 364,900 shares previously. With 164,300 avg volume, 2 days are for Perficient Inc (NASDAQ:PRFT)’s short sellers to cover PRFT’s short positions. The SI to Perficient Inc’s float is 1.03%. The stock decreased 2.57% or $0.59 during the last trading session, reaching $22.33. About 191,469 shares traded. Perficient, Inc. (NASDAQ:PRFT) has risen 31.04% since April 3, 2017 and is uptrending. It has outperformed by 19.49% the S&P500.

Investors sentiment decreased to 1.2 in 2017 Q4. Its down 0.03, from 1.23 in 2017Q3. It fall, as 4 investors sold Perficient, Inc. shares while 47 reduced holdings. 16 funds opened positions while 45 raised stakes. 27.05 million shares or 0.85% less from 27.29 million shares in 2017Q3 were reported. Parametric Portfolio Assocs Limited Liability Corporation, a Washington-based fund reported 159,360 shares. Moreover, Victory Cap Mgmt Inc has 0% invested in Perficient, Inc. (NASDAQ:PRFT) for 13,057 shares. Clarivest Asset Mngmt reported 0.04% in Perficient, Inc. (NASDAQ:PRFT). 65,433 were reported by Gsa Capital Prtn Llp. Amer International holds 27,366 shares or 0% of its portfolio. Bancorp Of New York Mellon Corp, New York-based fund reported 413,015 shares. Stevens Capital L P reported 11,619 shares. D E Shaw And Co accumulated 0% or 139,106 shares. 40,405 were reported by Cornercap Inv Counsel Inc. Morgan Stanley holds 0% of its portfolio in Perficient, Inc. (NASDAQ:PRFT) for 228,751 shares. Utd Service Automobile Association invested in 0.01% or 176,800 shares. 172,361 were reported by Martingale Asset Mgmt Ltd Partnership. Granahan Mngmt Inc Ma has 0.27% invested in Perficient, Inc. (NASDAQ:PRFT) for 176,941 shares. Legal & General Grp Public Ltd Company reported 68,320 shares stake. Aqr Cap Ltd Liability Corp invested 0% of its portfolio in Perficient, Inc. (NASDAQ:PRFT).

Among 4 analysts covering Perficient (NASDAQ:PRFT), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Perficient has $26.0 highest and $2000 lowest target. $24.33’s average target is 8.96% above currents $22.33 stock price. Perficient had 9 analyst reports since November 6, 2015 according to SRatingsIntel. The rating was maintained by SunTrust with “Buy” on Friday, November 3. Sidoti initiated Perficient, Inc. (NASDAQ:PRFT) on Friday, June 24 with “Buy” rating. The stock has “Buy” rating by Maxim Group on Friday, November 6. The stock has “Buy” rating by Needham on Wednesday, March 1. The rating was maintained by Needham with “Buy” on Thursday, March 1. The firm earned “Buy” rating on Friday, November 3 by Maxim Group. The firm has “Buy” rating by Maxim Group given on Thursday, March 1. The rating was maintained by Maxim Group on Monday, January 11 with “Buy”.

Since October 4, 2017, it had 0 insider purchases, and 5 sales for $3.05 million activity. MARTIN PAUL E sold $965,995 worth of stock or 43,774 shares. DAVIS JEFFREY S sold 43,413 shares worth $1.04M.

Perficient, Inc. provides information technology and management consulting services in the United States. The company has market cap of $777.47 million. The firm designs, builds, and delivers solutions using middleware software products developed by third-party vendors. It has a 40.6 P/E ratio. The Company’s solutions include platform implementations services, including application server selection, architecture planning, installation and configuration, clustering for availability, performance assessment and issue remediation, security, and technology migrations; and portals and collaboration, such as searchable data systems, collaborative systems for process improvement, transaction processing, unified and extended reporting, and other services.

Among 31 analysts covering Symantec (NASDAQ:SYMC), 9 have Buy rating, 3 Sell and 19 Hold. Therefore 29% are positive. Symantec has $40 highest and $14 lowest target. $29.22’s average target is 15.95% above currents $25.2 stock price. Symantec had 90 analyst reports since August 11, 2015 according to SRatingsIntel. RBC Capital Markets maintained Symantec Corporation (NASDAQ:SYMC) rating on Monday, January 30. RBC Capital Markets has “Outperform” rating and $30 target. The rating was maintained by Jefferies on Tuesday, August 2 with “Hold”. Standpoint Research upgraded the stock to “Buy” rating in Thursday, June 29 report. The stock of Symantec Corporation (NASDAQ:SYMC) has “Hold” rating given on Tuesday, October 24 by KeyBanc Capital Markets. The rating was upgraded by Morgan Stanley to “Equal Weight” on Friday, August 21. S&P Research maintained the stock with “Buy” rating in Wednesday, August 12 report. The firm has “Market Perform” rating given on Friday, April 7 by Wells Fargo. The rating was initiated by BTIG Research with “Neutral” on Thursday, September 10. The firm has “Buy” rating given on Monday, August 22 by Citigroup. The firm earned “Buy” rating on Friday, April 29 by Citigroup.

New England Research & Management Inc decreased Dycom Industries (NYSE:DY) stake by 2,934 shares to 11,975 valued at $1.33 million in 2017Q4. It also reduced Allergan stake by 3,515 shares and now owns 1,475 shares. Novartis Ag Ads (NYSE:NVS) was reduced too.

Perficient, Inc. (NASDAQ:PRFT) Institutional Positions Chart