Sonic Foundry, Inc. (SOFO) Forms $2.40 Double Bottom; Jefferies Group Cut Its Ak Stl Hldg (Put) (AKS) Position

Sonic Foundry, Inc. (SOFO) formed double bottom with $2.33 target or 3.00% below today’s $2.40 share price. Sonic Foundry, Inc. (SOFO) has $10.70M valuation. It closed at $2.4 lastly. It is down 37.02% since January 23, 2017 and is downtrending. It has underperformed by 53.72% the S&P500.

Jefferies Group Llc decreased Ak Stl Hldg Corp (Put) (AKS) stake by 7.52% reported in 2017Q3 SEC filing. Jefferies Group Llc sold 90,400 shares as Ak Stl Hldg Corp (Put) (AKS)’s stock declined 37.22%. The Jefferies Group Llc holds 1.11M shares with $6.22M value, down from 1.20M last quarter. Ak Stl Hldg Corp (Put) now has $1.96 billion valuation. The stock decreased 3.42% or $0.22 during the last trading session, reaching $6.22. About 32.77 million shares traded or 80.40% up from the average. AK Steel Holding Corporation (NYSE:AKS) has risen 58.12% since January 23, 2017 and is uptrending. It has outperformed by 41.42% the S&P500.

Investors sentiment increased to 1 in Q3 2017. Its up 0.43, from 0.57 in 2017Q2. It improved, as 1 investors sold Sonic Foundry, Inc. shares while 3 reduced holdings. 2 funds opened positions while 2 raised stakes. 686,622 shares or 7.90% less from 745,535 shares in 2017Q2 were reported. Natl Bank Of America De has 0% invested in Sonic Foundry, Inc. (NASDAQ:SOFO) for 1,776 shares. Royal Bancorp Of Canada invested in 0% or 1 shares. Morgan Stanley holds 0% or 2,400 shares in its portfolio. California Employees Retirement Sys holds 0% in Sonic Foundry, Inc. (NASDAQ:SOFO) or 13,487 shares. Johnson Financial Gp Inc has invested 0% in Sonic Foundry, Inc. (NASDAQ:SOFO). Vanguard Gru accumulated 46,275 shares or 0% of the stock. Thompson Inv Management Incorporated has 0.02% invested in Sonic Foundry, Inc. (NASDAQ:SOFO) for 28,943 shares. Dimensional Fund Advsr Ltd Partnership holds 25,231 shares. Pnc Services Group reported 0% stake. Wealthtrust Axiom Ltd, a Pennsylvania-based fund reported 459,728 shares. Geode Cap Mgmt Limited Liability Company reported 57,646 shares or 0% of all its holdings. Renaissance Tech Ltd Company holds 0% in Sonic Foundry, Inc. (NASDAQ:SOFO) or 43,719 shares. Blackrock has 7,382 shares.

Among 20 analysts covering AK Steel Holding Corporation (NYSE:AKS), 9 have Buy rating, 1 Sell and 10 Hold. Therefore 45% are positive. AK Steel Holding Corporation had 78 analyst reports since July 29, 2015 according to SRatingsIntel. On Friday, October 28 the stock rating was upgraded by Jefferies to “Buy”. The company was upgraded on Friday, May 26 by Clarkson Capital. Cowen & Co maintained it with “Market Perform” rating and $7 target in Wednesday, July 27 report. Bank of America downgraded the stock to “Underperform” rating in Monday, October 26 report. Citigroup downgraded AK Steel Holding Corporation (NYSE:AKS) on Thursday, January 19 to “Sell” rating. On Wednesday, April 27 the stock rating was maintained by Macquarie Research with “Outperform”. The rating was maintained by Citigroup with “Neutral” on Thursday, November 2. The stock of AK Steel Holding Corporation (NYSE:AKS) has “Equal-Weight” rating given on Thursday, August 3 by Barclays Capital. The rating was maintained by Credit Suisse with “Underperform” on Wednesday, March 23. Bank of America upgraded the shares of AKS in report on Wednesday, October 26 to “Buy” rating.

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