SYNNEX (SNX)’s director Matthew Miau Sold 500 Shares of the Company; Summit Hotel Properties, Inc. (INN) Covered By 8 Bulls

Summit Hotel Properties, Inc. (NYSE:INN) Logo

Among 10 analysts covering Summit Hotel Properties (NYSE:INN), 8 have Buy rating, 1 Sell and 1 Hold. Therefore 80% are positive. Summit Hotel Properties had 35 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Monday, January 4 by RBC Capital Markets. As per Friday, September 22, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained Summit Hotel Properties, Inc. (NYSE:INN) rating on Monday, February 26. RBC Capital Markets has “Buy” rating and $16.0 target. The stock has “Buy” rating by Canaccord Genuity on Friday, August 4. The rating was maintained by RBC Capital Markets with “Buy” on Monday, August 7. Canaccord Genuity maintained Summit Hotel Properties, Inc. (NYSE:INN) rating on Thursday, May 25. Canaccord Genuity has “Buy” rating and $20 target. As per Thursday, March 10, the company rating was initiated by Janney Capital. On Monday, May 15 the stock rating was maintained by Cantor Fitzgerald with “Buy”. As per Tuesday, September 26, the company rating was upgraded by KeyBanc Capital Markets. The company was maintained on Thursday, June 22 by RBC Capital Markets. See Summit Hotel Properties, Inc. (NYSE:INN) latest ratings:

26/02/2018 Broker: RBC Capital Markets Rating: Buy New Target: $16.0 Maintain
26/02/2018 Broker: Robert W. Baird Rating: Buy New Target: $16.0 Maintain
26/02/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Buy Old Target: $17 New Target: $16 Maintain
20/11/2017 Broker: Janney Capital Old Rating: Buy New Rating: Neutral Downgrade
10/11/2017 Broker: Robert W. Baird Rating: Buy New Target: $17.0 Maintain
27/10/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $17.0 Maintain
30/10/2017 Broker: Raymond James Old Rating: Market Perform New Rating: Outperform Upgrade

Since October 10, 2017, it had 0 insider buys, and 15 sales for $211.32 million activity. Shares for $36,814 were sold by Wurster Thomas S. on Thursday, March 1. 2,000 shares valued at $263,996 were sold by MIAU MATTHEW on Monday, January 22. On Friday, January 12 the insider Zulberti Andrea M sold $206,865. $260,740 worth of SYNNEX Corporation (NYSE:SNX) was sold by MURAI KEVIN M. $1.08 million worth of SYNNEX Corporation (NYSE:SNX) was sold by LAROCQUE PETER. Witt Marshall sold $37,146 worth of stock or 300 shares. LEUNG SIMON sold $122,993 worth of stock or 1,000 shares.

Seeing the stocks unload Matthew Miau made he is in stock market attention today. The director of Synnex Corp and an insider, made a sale of 500 shares worth $48,973 U.S Dollars. The average price was $97.9 per share. he presently owns 13.93% of the total market cap of Synnex Corp.

Investors sentiment decreased to 1 in Q4 2017. Its down 0.08, from 1.08 in 2017Q3. It worsened, as 24 investors sold SYNNEX Corporation shares while 81 reduced holdings. 34 funds opened positions while 71 raised stakes. 28.39 million shares or 0.02% more from 28.38 million shares in 2017Q3 were reported. Zebra Capital Limited Liability Corporation has 0.27% invested in SYNNEX Corporation (NYSE:SNX) for 5,914 shares. Mason Street Ltd Llc reported 14,373 shares. Employees Retirement Sys Of Texas invested 0.04% in SYNNEX Corporation (NYSE:SNX). Principal Group accumulated 355,321 shares or 0.04% of the stock. Grp Inc holds 0.04% of its portfolio in SYNNEX Corporation (NYSE:SNX) for 79,301 shares. Hancock Holdg holds 13,535 shares. Citigroup Inc stated it has 5,621 shares or 0% of all its holdings. Raymond James & stated it has 13,582 shares. American Century Inc holds 33,923 shares. Louisiana State Employees Retirement holds 7,400 shares or 0.05% of its portfolio. Teachers Retirement Sys Of The State Of Kentucky invested 0.01% of its portfolio in SYNNEX Corporation (NYSE:SNX). Goldman Sachs Gru reported 1.17 million shares. Schwab Charles Investment Mgmt Incorporated has 0.02% invested in SYNNEX Corporation (NYSE:SNX). Oregon Public Employees Retirement Fund, Oregon-based fund reported 10,742 shares. Walleye Trading Ltd Liability owns 5,545 shares.

SYNNEX Corporation provides business process services to resellers, system integrators, retailers, and original equipment manufacturers in North and South America, the Asia-Pacific, Europe, and internationally. The company has market cap of $4.00 billion. It operates in two divisions, Technology Solutions and Concentrix. It has a 13.28 P/E ratio. The Technology Solutions segment distributes peripherals; information technology systems, including data center server and storage solutions; system components; software; networking/communications/security equipment; consumer electronics; and complementary products.

Among 11 analysts covering SYNNEX (NYSE:SNX), 6 have Buy rating, 2 Sell and 3 Hold. Therefore 55% are positive. SYNNEX has $152.0 highest and $86 lowest target. $132.13’s average target is 32.59% above currents $99.65 stock price. SYNNEX had 33 analyst reports since August 20, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Hold” on Tuesday, September 27. On Thursday, March 29 the stock rating was maintained by Stifel Nicolaus with “Buy”. Stifel Nicolaus upgraded the stock to “Buy” rating in Wednesday, April 12 report. Raymond James upgraded SYNNEX Corporation (NYSE:SNX) on Wednesday, May 18 to “Outperform” rating. Stifel Nicolaus maintained SYNNEX Corporation (NYSE:SNX) on Tuesday, January 9 with “Buy” rating. The stock of SYNNEX Corporation (NYSE:SNX) earned “Underperform” rating by Raymond James on Wednesday, March 23. Raymond James downgraded the stock to “Market Perform” rating in Wednesday, June 8 report. The firm has “Hold” rating given on Thursday, March 24 by Cross Research. Stifel Nicolaus maintained the shares of SNX in report on Wednesday, June 28 with “Buy” rating. The company was downgraded on Thursday, October 29 by Credit Agricole.

The stock increased 1.73% or $1.69 during the last trading session, reaching $99.65. About 487,140 shares traded or 76.70% up from the average. SYNNEX Corporation (NYSE:SNX) has declined 2.88% since April 5, 2017 and is downtrending. It has underperformed by 14.43% the S&P500.

Summit Hotel Properties, Inc., a hotel investment company, engages in acquiring, owning, renovating, repositioning, and asset-managing and selling premium-branded limited-service and select-service hotels in the upscale and midscale without food and beverage divisions of the United StatesÂ’ lodging industry. The company has market cap of $1.45 billion. As of August 3, 2012, the firm operated 74 hotels with a total of 7,586 guestrooms located in 20 states. It has a 17.46 P/E ratio.

Summit Hotel Properties, Inc. (NYSE:INN) Institutional Positions Chart