LogMeIn, Inc. (LOGM) Is At $116.65 Formed Wedge; Apollo Management Holdings LP Has Lowered Parsley Energy (PE) Position

LogMeIn, Inc. (NASDAQ:LOGM) Logo

Apollo Management Holdings Lp decreased Parsley Energy Inc (PE) stake by 26.78% reported in 2017Q4 SEC filing. Apollo Management Holdings Lp sold 4.00 million shares as Parsley Energy Inc (PE)’s stock declined 8.80%. The Apollo Management Holdings Lp holds 10.93M shares with $321.90M value, down from 14.93M last quarter. Parsley Energy Inc now has $10.30 billion valuation. The stock increased 1.12% or $0.36 during the last trading session, reaching $32.51. About 10.66M shares traded or 88.22% up from the average. Parsley Energy, Inc. (NYSE:PE) has declined 12.13% since May 9, 2017 and is downtrending. It has underperformed by 23.68% the S&P500.

LogMeIn, Inc. (LOGM) formed wedge down with $111.98 target or 4.00% below today’s $116.65 share price. LogMeIn, Inc. (LOGM) has $6.09 billion valuation. The stock increased 0.47% or $0.55 during the last trading session, reaching $116.65. About 567,610 shares traded. LogMeIn, Inc. (NASDAQ:LOGM) has risen 20.98% since May 9, 2017 and is uptrending. It has outperformed by 9.43% the S&P500.

Among 37 analysts covering Parsley Energy Inc (NYSE:PE), 29 have Buy rating, 0 Sell and 8 Hold. Therefore 78% are positive. Parsley Energy Inc had 144 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, December 11 by Northland Capital. The rating was maintained by Credit Suisse on Friday, August 21 with “Outperform”. The firm earned “Buy” rating on Thursday, March 23 by UBS. The firm has “Buy” rating given on Tuesday, November 14 by BMO Capital Markets. SunTrust maintained the stock with “Buy” rating in Sunday, November 5 report. RBC Capital Markets maintained the shares of PE in report on Friday, November 6 with “Sector Perform” rating. The firm earned “Buy” rating on Tuesday, December 15 by UBS. The stock has “Buy” rating by Clarkson Platou on Tuesday, March 15. On Friday, October 13 the stock rating was maintained by RBC Capital Markets with “Buy”. As per Friday, November 6, the company rating was maintained by Northland Capital.

Since February 26, 2018, it had 3 insider buys, and 2 insider sales for $4.83 million activity. Sheffield Bryan also bought $4.99 million worth of Parsley Energy, Inc. (NYSE:PE) on Monday, February 26. Brokmeyer Ron bought $51,320 worth of Parsley Energy, Inc. (NYSE:PE) on Wednesday, February 28. $259,900 worth of Parsley Energy, Inc. (NYSE:PE) was bought by ALAMEDDINE A R on Tuesday, February 27. 10,000 shares valued at $261,400 were sold by Roberts Colin on Tuesday, February 27.

Investors sentiment decreased to 1.01 in Q4 2017. Its down 0.12, from 1.13 in 2017Q3. It worsened, as 49 investors sold PE shares while 96 reduced holdings. 54 funds opened positions while 93 raised stakes. 251.44 million shares or 1.93% more from 246.67 million shares in 2017Q3 were reported. Greenwood Llc invested in 0.06% or 8,228 shares. Corecommodity Lc owns 15,757 shares for 0.38% of their portfolio. Impax Asset Mgmt Limited Co reported 295,099 shares. Spirit Of America Management New York owns 328,650 shares. Wisconsin-based State Of Wisconsin Board has invested 0.05% in Parsley Energy, Inc. (NYSE:PE). Wolverine Asset Mngmt Limited holds 0.02% or 75,000 shares. Moreover, Tiaa Cref Invest Limited Com has 0.19% invested in Parsley Energy, Inc. (NYSE:PE). Carmignac Gestion has 0.07% invested in Parsley Energy, Inc. (NYSE:PE) for 350,000 shares. Qs Investors Lc accumulated 22,995 shares. Moreover, D E Shaw And has 0% invested in Parsley Energy, Inc. (NYSE:PE). Nippon Life Global Invsts Americas Inc holds 293,150 shares. Prelude Mgmt Limited Liability Company has 18,677 shares for 0.04% of their portfolio. Bbt Cap Management Ltd Limited Liability Company invested in 69,000 shares or 0.4% of the stock. Dekabank Deutsche Girozentrale stated it has 0% in Parsley Energy, Inc. (NYSE:PE). Connor Clark Lunn Invest Mgmt Limited holds 0.04% of its portfolio in Parsley Energy, Inc. (NYSE:PE) for 250,500 shares.

Another recent and important Parsley Energy, Inc. (NYSE:PE) news was published by Seekingalpha.com which published an article titled: “US Shale: NAV Analysis Of Eagle Ford Shale E&Ps” on May 08, 2018.

Apollo Management Holdings Lp increased Capitol Invt Corp Iv stake by 1.00M shares to 2.00M valued at $20.02 million in 2017Q4. It also upped Ishares Tr (Call) (HYG) stake by 213,000 shares and now owns 300,000 shares. Pattern Energy Group Inc (Prn) was raised too.

Investors sentiment decreased to 1.07 in Q4 2017. Its down 0.26, from 1.33 in 2017Q3. It dived, as 44 investors sold LogMeIn, Inc. shares while 110 reduced holdings. 53 funds opened positions while 112 raised stakes. 51.12 million shares or 0.18% more from 51.03 million shares in 2017Q3 were reported. Shell Asset Mngmt holds 0.01% or 4,072 shares. Massachusetts-based Boston Limited Liability has invested 0.04% in LogMeIn, Inc. (NASDAQ:LOGM). Texas-based Goodman Fincl Corp has invested 0% in LogMeIn, Inc. (NASDAQ:LOGM). Ngam Advisors L P reported 0.03% stake. Sterling Cap Mgmt Ltd invested in 15,717 shares or 0.02% of the stock. Icon Advisers holds 0.55% of its portfolio in LogMeIn, Inc. (NASDAQ:LOGM) for 69,700 shares. Clough Capital Prtnrs L P invested in 103,224 shares or 0.98% of the stock. 1,800 were reported by C M Bidwell Assoc Limited. Tradewinds Mgmt Lc has invested 0.02% in LogMeIn, Inc. (NASDAQ:LOGM). American Grp Incorporated invested in 0.04% or 109,076 shares. Proshare Advisors Lc stated it has 0.01% of its portfolio in LogMeIn, Inc. (NASDAQ:LOGM). Moreover, Shelton Capital Mgmt has 0.03% invested in LogMeIn, Inc. (NASDAQ:LOGM). Franklin holds 0.02% or 440,751 shares. Renaissance Ltd invested in 218,670 shares. Goldman Sachs Gru Incorporated holds 0.01% or 516,414 shares.

Among 14 analysts covering LogMeIn (NASDAQ:LOGM), 12 have Buy rating, 0 Sell and 2 Hold. Therefore 86% are positive. LogMeIn has $170.0 highest and $56 lowest target. $128.17’s average target is 9.88% above currents $116.65 stock price. LogMeIn had 52 analyst reports since July 24, 2015 according to SRatingsIntel. As per Wednesday, July 27, the company rating was downgraded by Pacific Crest. Barclays Capital maintained the shares of LOGM in report on Wednesday, July 27 with “Underweight” rating. The stock of LogMeIn, Inc. (NASDAQ:LOGM) earned “Outperform” rating by Cowen & Co on Friday, April 7. Robert W. Baird upgraded the stock to “Outperform” rating in Tuesday, October 3 report. The stock of LogMeIn, Inc. (NASDAQ:LOGM) has “Buy” rating given on Thursday, August 31 by Cowen & Co. RBC Capital Markets maintained LogMeIn, Inc. (NASDAQ:LOGM) rating on Friday, February 16. RBC Capital Markets has “Buy” rating and $145.0 target. The stock of LogMeIn, Inc. (NASDAQ:LOGM) earned “Outperform” rating by RBC Capital Markets on Friday, February 3. The stock of LogMeIn, Inc. (NASDAQ:LOGM) earned “Buy” rating by Cowen & Co on Friday, February 16. Robert W. Baird maintained the stock with “Buy” rating in Wednesday, December 20 report. Cowen & Co maintained the shares of LOGM in report on Friday, October 27 with “Buy” rating.

Parsley Energy, Inc. (NYSE:PE) Institutional Positions Chart

Free Email Newsletter

Enter your email address below to get the latest news and analysts’ ratings for your stocks with our free daily email newsletter: