Shutterfly INC (SFLY) Stock Price Declined While Hhr Asset Management LLC Cut Its Holding

Shutterfly, Inc. (NASDAQ:SFLY) LogoInvestors sentiment increased to 1.65 in Q2 2018. Its up 0.25, from 1.4 in 2018Q1. It improved, as 21 investors sold SFLY shares while 56 reduced holdings. 57 funds opened positions while 70 raised stakes. 35.18 million shares or 0.38% less from 35.31 million shares in 2018Q1 were reported. Credit Suisse Ag holds 29,084 shares. National Bank Of America Corporation De has 143,300 shares for 0% of their portfolio. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta has invested 0.03% in Shutterfly, Inc. (NASDAQ:SFLY). Everence Capital Mgmt Incorporated stated it has 0.05% in Shutterfly, Inc. (NASDAQ:SFLY). Scopus Asset Limited Partnership reported 350,000 shares. Hightower Limited holds 0% or 5,639 shares in its portfolio. Bluemountain Capital Mngmt Limited Co invested 0.04% in Shutterfly, Inc. (NASDAQ:SFLY). Secor Capital Advisors Limited Partnership owns 18,910 shares for 0.15% of their portfolio. Schwab Charles Investment Mgmt Inc holds 243,607 shares or 0.02% of its portfolio. The Louisiana-based Louisiana State Employees Retirement Systems has invested 0.06% in Shutterfly, Inc. (NASDAQ:SFLY). Park West Asset Limited Liability accumulated 203,740 shares. Stifel Fincl holds 0% or 8,365 shares. Lazard Asset Mngmt Lc owns 27,308 shares. Moreover, Cambridge Inv Advsrs has 0% invested in Shutterfly, Inc. (NASDAQ:SFLY). Commonwealth Of Pennsylvania School Empls Retrmt has 0.01% invested in Shutterfly, Inc. (NASDAQ:SFLY).

Since June 13, 2018, it had 0 insider purchases, and 16 selling transactions for $12.98 million activity. Sebring Jason also sold $293,427 worth of Shutterfly, Inc. (NASDAQ:SFLY) on Friday, June 15. ARNOLD SCOTT sold $648,787 worth of Shutterfly, Inc. (NASDAQ:SFLY) on Monday, October 1. Another trade for 1,250 shares valued at $91,563 was made by BLACKWOOD-KAPRAL LISA on Wednesday, August 15. POPE MICHAEL W sold $444,804 worth of stock or 4,923 shares. On Monday, August 27 Anderson Michele sold $685,799 worth of Shutterfly, Inc. (NASDAQ:SFLY) or 9,030 shares. $384,289 worth of Shutterfly, Inc. (NASDAQ:SFLY) was sold by Lokuge Ishantha.

Hhr Asset Management Llc decreased its stake in Shutterfly Inc (SFLY) by 10.89% based on its latest 2018Q2 regulatory filing with the SEC. Hhr Asset Management Llc sold 100,362 shares as the company’s stock declined 23.88% while stock markets rallied. The hedge fund held 820,917 shares of the miscellaneous company at the end of 2018Q2, valued at $73.91 million, down from 921,279 at the end of the previous reported quarter. Hhr Asset Management Llc who had been investing in Shutterfly Inc for a number of months, seems to be less bullish one the $1.55 billion market cap company. The stock decreased 3.72% or $1.78 during the last trading session, reaching $46.01. About 1.17M shares traded or 53.37% up from the average. Shutterfly, Inc. (NASDAQ:SFLY) has risen 53.64% since December 8, 2017 and is uptrending. It has outperformed by 38.02% the S&P500.

Hhr Asset Management Llc, which manages about $2.77B and $1.87 billion US Long portfolio, upped its stake in Activision Blizzard Inc (NASDAQ:ATVI) by 119,670 shares to 1.10 million shares, valued at $83.75 million in 2018Q2, according to the filing. It also increased its holding in Alliance Data Systems Corp (NYSE:ADS) by 49,440 shares in the quarter, for a total of 366,761 shares, and has risen its stake in Alphabet Inc.

Analysts await Shutterfly, Inc. (NASDAQ:SFLY) to report earnings on January, 29. They expect $5.42 EPS, up 74.28 % or $2.31 from last year’s $3.11 per share. SFLY’s profit will be $182.12M for 2.12 P/E if the $5.42 EPS becomes a reality. After $-2.12 actual EPS reported by Shutterfly, Inc. for the previous quarter, Wall Street now forecasts -355.66 % EPS growth.

More notable recent Shutterfly, Inc. (NASDAQ:SFLY) news were published by: Nasdaq.com which released: “Why is Shutterfly (SFLY) Up 12.8% Since Its Last Earnings Report? – Nasdaq” on May 31, 2018, also Nasdaq.com with their article: “Notable Friday Option Activity: TWTR, SFLY, FSLR – Nasdaq” published on December 07, 2018, Nasdaq.com published: “Shutterfly (SFLY) Q3 Earnings Preview: What to Expect – Nasdaq” on October 23, 2018. More interesting news about Shutterfly, Inc. (NASDAQ:SFLY) were released by: Benzinga.com and their article: “Lifetouch Acquisition Is A Game Changer For Shutterfly (NASDAQ:SFLY), Goldman Sachs Says In Upgrade – Benzinga” published on May 02, 2018 as well as Seekingalpha.com‘s news article titled: “Short Sell Target: 7 Reasons To Expect Shutterfly To Drop Significantly In Price – Seeking Alpha” with publication date: February 07, 2018.

Shutterfly, Inc. (NASDAQ:SFLY) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.