Is CCUR Holdings, Inc. (CCUR) Stock a Buy after Julian Singer’s Insider Transaction?; National Oilwell Varco (NOV) Has 0.7 Sentiment

National Oilwell Varco, Inc. (NYSE:NOV) Logo

Sentiment for National Oilwell Varco Inc (NOV)

National Oilwell Varco Inc (NOV) investors sentiment decreased to 0.7 in 2017 Q4. It’s down -0.15, from 0.85 in 2017Q3. The ratio dropped, as 176 investment professionals opened new and increased holdings, while 251 trimmed and sold holdings in National Oilwell Varco Inc. The investment professionals in our database now have: 349.52 million shares, up from 348.73 million shares in 2017Q3. Also, the number of investment professionals holding National Oilwell Varco Inc in top ten holdings decreased from 6 to 5 for a decrease of 1. Sold All: 42 Reduced: 209 Increased: 124 New Position: 52.

An insider of the company Ccur Holdings Inc, Julian Singer also its major shareholder, disclosed his well-informed investment activities with the (SEC) on 15/05/2018. As stated in the document, Julian had purchased 2,006 shares of the public firm . The total deal was worth $10,251 U.S Dollars. At the time of the transaction the price of a share was $5.1. In the last 30 days, he also purchased 425,005 shares worth total $2.18 million USD. The probability of this purchase staying unnoticed is very low due to its scale, with the major shareholder currently owning 3.18 million shares —- that is 34.36% of the market capitalization of the Company.

Concurrent Computer Corporation, a software and solutions company, develops applications focused on storing, protecting, transforming, and delivering media assets in the United States, Canada, Japan, other Asia-Pacific, Europe, and South America. The company has market cap of $47.27 million. The Company’s content delivery solutions consist of software, hardware, and services for intelligently streaming video content to consumer devices; and storing and managing content in the network. It has a 0.95 P/E ratio. The firm offers streaming video and storage services and products that are deployed by service providers to support consumer-facing video applications, including live broadcast video and video-on-demand, as well as time-shifted video services, such as cloud digital video recording.

Since December 14, 2017, it had 39 insider purchases, and 0 sales for $6.05 million activity. Another trade for 3,000 shares valued at $16,200 was bought by SINGER JULIAN D..

It closed at $5.11 lastly. It is down 2.65% since May 16, 2017 and is downtrending. It has underperformed by 14.20% the S&P500.

Investors sentiment increased to 0.64 in 2017 Q4. Its up 0.14, from 0.5 in 2017Q3. It improved, as 5 investors sold CCUR Holdings, Inc. shares while 6 reduced holdings. 5 funds opened positions while 2 raised stakes. 2.67 million shares or 11.00% less from 3.00 million shares in 2017Q3 were reported. Perritt Capital accumulated 70,000 shares. 70,416 were accumulated by Ameriprise Financial. 66,782 are held by Susquehanna Grp Ltd Liability Partnership. Geode Cap Ltd Liability Co accumulated 42,604 shares. Morgan Stanley reported 320 shares or 0% of all its holdings. Commercial Bank Of America De holds 0% or 30 shares in its portfolio. Moreover, Dimensional Fund Advisors Lp has 0% invested in CCUR Holdings, Inc. (OTCMKTS:CCUR) for 610,949 shares. Winslow Evans Crocker Inc reported 100 shares. Northern Trust Corporation has 0% invested in CCUR Holdings, Inc. (OTCMKTS:CCUR) for 31,474 shares. Tower Rech Capital Limited Liability Co (Trc) holds 0% or 4,477 shares in its portfolio. Bartlett & Co Limited Liability invested 0% of its portfolio in CCUR Holdings, Inc. (OTCMKTS:CCUR). Grp One Trading L P has 0% invested in CCUR Holdings, Inc. (OTCMKTS:CCUR). California Employees Retirement System holds 0% in CCUR Holdings, Inc. (OTCMKTS:CCUR) or 44,468 shares. Blackrock has invested 0% in CCUR Holdings, Inc. (OTCMKTS:CCUR). Renaissance Tech Ltd Co invested in 0% or 659,719 shares.

Ratings analysis reveals 13% of Natl Oilwell Varco’s analysts are positive. Out of 8 Wall Street analysts rating Natl Oilwell Varco, 1 give it “Buy”, 2 “Sell” rating, while 5 recommend “Hold”. The lowest target is $34.0 while the high is $48.0. The stock’s average target of $40.33 is -4.09% below today’s ($42.05) share price. NOV was included in 8 notes of analysts from October 3, 2016. SunTrust initiated National Oilwell Varco, Inc. (NYSE:NOV) on Wednesday, January 18 with “Hold” rating. Credit Suisse upgraded the stock to “Neutral” rating in Wednesday, February 8 report. The company was downgraded on Monday, October 3 by Citigroup. The firm has “Hold” rating given on Friday, December 9 by Johnson Rice. The rating was upgraded by Societe Generale to “Hold” on Monday, October 31. As per Thursday, February 16, the company rating was maintained by FBR Capital. R. F. Lafferty initiated National Oilwell Varco, Inc. (NYSE:NOV) on Thursday, April 6 with “Hold” rating. Seaport Global Securities downgraded National Oilwell Varco, Inc. (NYSE:NOV) rating on Thursday, December 1. Seaport Global Securities has “Sell” rating and $34.0 target.

Analysts await National Oilwell Varco, Inc. (NYSE:NOV) to report earnings on July, 26. They expect $0.02 earnings per share, up 114.29% or $0.16 from last year’s $-0.14 per share. NOV’s profit will be $7.64 million for 525.63 P/E if the $0.02 EPS becomes a reality. After $-0.18 actual earnings per share reported by National Oilwell Varco, Inc. for the previous quarter, Wall Street now forecasts -111.11% EPS growth.

The stock increased 1.59% or $0.66 during the last trading session, reaching $42.05. About 1.25 million shares traded. National Oilwell Varco, Inc. (NOV) has declined 3.90% since May 16, 2017 and is downtrending. It has underperformed by 15.45% the S&P500.

Since January 1, 0001, it had 0 insider buys, and 1 sale for $264,657 activity.

Vulcan Value Partners Llc holds 6.38% of its portfolio in National Oilwell Varco, Inc. for 21.64 million shares. Academy Capital Management Inc Tx owns 558,759 shares or 5.56% of their US portfolio. Moreover, Hutchinson Capital Management Ca has 5.05% invested in the company for 540,493 shares. The Texas-based Energy Opportunities Capital Management Llc has invested 4.17% in the stock. Speece Thorson Capital Group Inc, a Minnesota-based fund reported 523,838 shares.

National Oilwell Varco, Inc. designs, makes, and sells equipment and components used in gas and oil drilling, completion, and production operations; and provides oilfield services to the upstream gas and oil industry worldwide. The company has market cap of $16.06 billion. It operates through four divisions: Rig Systems, Rig Aftermarket, Wellbore Technologies, and Completion & Production Solutions. It currently has negative earnings. The Rig Systems segment offers land rigs; offshore drilling equipment packages; and drilling rig components.

National Oilwell Varco, Inc. (NYSE:NOV) Institutional Positions Chart