Preformed Line Products Company (PLPC) Forms $70.01 Double Top; RE/MAX Holdings Class A (RMAX) Sellers Increased By 16.57% Their Shorts

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RE/MAX Holdings Inc Class A (NYSE:RMAX) had an increase of 16.57% in short interest. RMAX’s SI was 547,900 shares in May as released by FINRA. Its up 16.57% from 470,000 shares previously. With 118,200 avg volume, 5 days are for RE/MAX Holdings Inc Class A (NYSE:RMAX)’s short sellers to cover RMAX’s short positions. The SI to RE/MAX Holdings Inc Class A’s float is 3.11%. The stock decreased 1.20% or $0.65 during the last trading session, reaching $53.35. About 91,283 shares traded. RE/MAX Holdings, Inc. (NYSE:RMAX) has risen 4.25% since May 4, 2017 and is uptrending. It has underperformed by 7.30% the S&P500.

Preformed Line Products Company (PLPC) formed double top with $72.81 target or 4.00% above today’s $70.01 share price. Preformed Line Products Company (PLPC) has $353.66M valuation. The stock increased 2.06% or $1.41 during the last trading session, reaching $70.01. About 7,343 shares traded or 7.81% up from the average. Preformed Line Products Company (NASDAQ:PLPC) has risen 34.72% since May 4, 2017 and is uptrending. It has outperformed by 23.17% the S&P500.

Investors sentiment decreased to 1.57 in 2017 Q4. Its down 1.18, from 2.75 in 2017Q3. It turned negative, as 7 investors sold Preformed Line Products Company shares while 16 reduced holdings. 17 funds opened positions while 19 raised stakes. 2.28 million shares or 0.41% more from 2.27 million shares in 2017Q3 were reported. Vanguard Grp Inc reported 114,229 shares. Huntington State Bank accumulated 500 shares. Moreover, Parallax Volatility Advisers L P has 0% invested in Preformed Line Products Company (NASDAQ:PLPC) for 462 shares. Barclays Public Ltd holds 0% or 684 shares in its portfolio. Denali Advsrs Ltd Liability Corp owns 53 shares or 0% of their US portfolio. California State Teachers Retirement has invested 0% of its portfolio in Preformed Line Products Company (NASDAQ:PLPC). Wells Fargo & Communications Mn holds 5,071 shares. Bnp Paribas Arbitrage Sa holds 848 shares or 0% of its portfolio. Carroll Finance Associate Incorporated holds 700 shares or 0.01% of its portfolio. National Bank & Trust Of America Corporation De owns 509 shares or 0% of their US portfolio. Moreover, Rbf Ltd Llc has 0.04% invested in Preformed Line Products Company (NASDAQ:PLPC). Ny State Teachers Retirement System reported 300 shares or 0% of all its holdings. Teton Advsrs Inc owns 5,788 shares. State Street Corporation holds 49,600 shares. Bridgeway Capital Mngmt has invested 0% in Preformed Line Products Company (NASDAQ:PLPC).

Since January 22, 2018, it had 2 insider purchases, and 0 sales for $1,434 activity. GIBBONS MICHAEL E bought $759 worth of stock.

Among 13 analysts covering RE/MAX Holdings (NYSE:RMAX), 3 have Buy rating, 3 Sell and 7 Hold. Therefore 23% are positive. RE/MAX Holdings had 21 analyst reports since August 11, 2015 according to SRatingsIntel. The rating was initiated by Piper Jaffray with “Buy” on Thursday, September 28. As per Friday, February 23, the company rating was maintained by Piper Jaffray. The firm has “Underperform” rating given on Friday, June 30 by Bank of America. The stock of RE/MAX Holdings, Inc. (NYSE:RMAX) earned “Hold” rating by Keefe Bruyette & Woods on Friday, October 6. As per Wednesday, March 28, the company rating was maintained by JP Morgan. Compass Point upgraded the shares of RMAX in report on Friday, December 22 to “Neutral” rating. The rating was maintained by JMP Securities on Tuesday, August 11 with “Market Underperform”. The company was maintained on Friday, February 23 by Stephens. The firm has “Equal-Weight” rating by Stephens given on Monday, August 7. The rating was initiated by Wood with “Market Perform” on Thursday, March 31.

RE/MAX Holdings, Inc. operates as a franchisor of real estate and mortgage brokerage services in the United States, Canada, and internationally. The company has market cap of $1.62 billion. The firm offers its real estate franchise services under the RE/MAX brand name; and mortgage brokerage services under the Motto Mortgage brand. It has a 74.1 P/E ratio.

Preformed Line Products Company (NASDAQ:PLPC) Institutional Positions Chart