Why James Gariepy Sold 2,000 Shares of Dril-Quip, Inc. (DRQ)?; Taiwan Fund Has 1.8 Sentiment

Sentiment for Taiwan Fund Inc (TWN)

Taiwan Fund Inc (TWN) investors sentiment decreased to 1.8 in 2017 Q4. It’s down -1.53, from 3.33 in 2017Q3. The ratio has dropped, as 9 funds started new or increased holdings, while 5 sold and decreased their stakes in Taiwan Fund Inc. The funds in our database now own: 6.74 million shares, down from 13.10 million shares in 2017Q3. Also, the number of funds holding Taiwan Fund Inc in top ten holdings was flat from 2 to 2 for the same number . Sold All: 0 Reduced: 5 Increased: 6 New Position: 3.

The stock decreased 3.57% or $1.6 during the last trading session, reaching $43.2. About 411,425 shares traded. Dril-Quip, Inc. (NYSE:DRQ) has declined 13.66% since April 3, 2017 and is downtrending. It has underperformed by 25.21% the S&P500.

A well-grounded and judicious move was made by the SR V.P. and COO of Dril-Quip Inc, Mr. James Gariepy, 2 days ago, when he sold amount of company shares – 2,000, amounting to $87,905 U.S. Dollars, based on an average price of $44.0 for each share. Currently, Mr. James, has ownership of 105,480 shares, which accounts for 0.28% of Dril-Quip Inc’s market cap. The legal report was revealed on 02-04-2018 with the Washington-based SEC and is now readily available here.

Analysts await Dril-Quip, Inc. (NYSE:DRQ) to report earnings on April, 26. They expect $0.01 EPS, down 80.00% or $0.04 from last year’s $0.05 per share. DRQ’s profit will be $381,250 for 1080.00 P/E if the $0.01 EPS becomes a reality. After $0.01 actual EPS reported by Dril-Quip, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Since October 28, 2017, it had 0 insider buys, and 5 insider sales for $1.48 million activity. $556,339 worth of Dril-Quip, Inc. (NYSE:DRQ) was sold by Gariepy James A. on Saturday, October 28. 613 Dril-Quip, Inc. (NYSE:DRQ) shares with value of $26,236 were sold by SHUKIS A P. 1,931 Dril-Quip, Inc. (NYSE:DRQ) shares with value of $80,117 were sold by Bird Jeffrey J. DeBerry Blake T. also sold $614,840 worth of Dril-Quip, Inc. (NYSE:DRQ) on Saturday, October 28. $202,886 worth of Dril-Quip, Inc. (NYSE:DRQ) shares were sold by Webster James C.

Investors sentiment increased to 1.05 in 2017 Q4. Its up 0.01, from 1.04 in 2017Q3. It increased, as 24 investors sold Dril-Quip, Inc. shares while 69 reduced holdings. 32 funds opened positions while 66 raised stakes. 43.20 million shares or 4.08% more from 41.51 million shares in 2017Q3 were reported. Lsv Asset Mngmt accumulated 0% or 12,433 shares. Riverhead Limited Liability Corporation invested 0.01% of its portfolio in Dril-Quip, Inc. (NYSE:DRQ). Birch Run Advisors Lp reported 2.74% in Dril-Quip, Inc. (NYSE:DRQ). 9,600 are held by Louisiana State Employees Retirement Systems. Qs Limited Com invested in 0% or 2,813 shares. Moreover, California Employees Retirement Sys has 0.01% invested in Dril-Quip, Inc. (NYSE:DRQ) for 121,853 shares. The New York-based Amer Interest Group has invested 0.02% in Dril-Quip, Inc. (NYSE:DRQ). Parametric Assoc Ltd Llc holds 0% or 89,697 shares. 137,688 are owned by Raymond James & Assoc. Invesco reported 89,129 shares stake. Proshare Limited Liability reported 0% stake. Brinker Cap owns 4,497 shares for 0.01% of their portfolio. Ameritas Invest Partners Inc has invested 0.03% in Dril-Quip, Inc. (NYSE:DRQ). Nordea Inv Management holds 0.01% or 49,691 shares in its portfolio. National Bank & Trust Of America Corp De reported 281,984 shares stake.

Among 14 analysts covering Dril Quip (NYSE:DRQ), 2 have Buy rating, 0 Sell and 12 Hold. Therefore 14% are positive. Dril Quip has $82 highest and $39.0 lowest target. $57.77’s average target is 33.73% above currents $43.2 stock price. Dril Quip had 42 analyst reports since July 31, 2015 according to SRatingsIntel. The firm earned “Equal Weight” rating on Monday, May 1 by Barclays Capital. FBR Capital maintained Dril-Quip, Inc. (NYSE:DRQ) on Monday, November 2 with “Mkt Perform” rating. Cowen & Co maintained the stock with “Market Perform” rating in Monday, November 2 report. The firm earned “Neutral” rating on Wednesday, February 24 by Suntrust Robinson. The firm earned “Equal-Weight” rating on Wednesday, February 28 by Barclays Capital. The firm has “Buy” rating by Guggenheim given on Monday, November 30. Cowen & Co maintained the shares of DRQ in report on Friday, October 6 with “Hold” rating. The company was downgraded on Monday, December 14 by Howard Weil. The firm has “Hold” rating by Piper Jaffray given on Friday, July 28. The stock of Dril-Quip, Inc. (NYSE:DRQ) has “Market Perform” rating given on Friday, July 31 by Cowen & Co.

Dril-Quip, Inc. (NYSE:DRQ) Institutional Positions Chart