Edward Herdiech Insider Selling for 1,987 Shares of LogMeIn, Inc. (LOGM); Concord Efs (CE)’s Sentiment Is 0.85

Celanese Corporation (NYSE:CE) Logo

Concord Efs Inc (CE) investors sentiment decreased to 0.85 in Q1 2018. It’s down -0.20, from 1.05 in 2017Q4. The ratio fall, as 167 investment professionals increased and opened new equity positions, while 196 sold and decreased their positions in Concord Efs Inc. The investment professionals in our database reported: 122.66 million shares, down from 125.13 million shares in 2017Q4. Also, the number of investment professionals holding Concord Efs Inc in top ten equity positions decreased from 8 to 6 for a decrease of 2. Sold All: 38 Reduced: 158 Increased: 114 New Position: 53.

Celanese Corporation, a technology and specialty materials company, makes and sells value-added chemicals, thermoplastic polymers, and other chemical products worldwide. The company has market cap of $15.62 billion. The companyÂ’s Advanced Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics. It has a 18.86 P/E ratio. The Company’s Consumer Specialties segment provides cellulose acetate flakes, films, and tows for use in filter products applications; food protection ingredients, such as potassium sorbate and sorbic acid for food and beverage industry; Sunett, a sweetener for use in various beverages, confections, and dairy products; and Qorus, a sweetener system designed for low-to no-calorie carbonated and non-carbonated beverages, flavored waters, energy drinks, and milk and dairy products.

Gmt Capital Corp holds 8.86% of its portfolio in Celanese Corporation for 3.67 million shares. Covey Capital Advisors Llc owns 33,827 shares or 4.65% of their US portfolio. Moreover, Lyrical Asset Management Lp has 4.05% invested in the company for 3.31 million shares. The Pennsylvania-based Muhlenkamp & Co Inc has invested 3.68% in the stock. Chase Investment Counsel Corp, a Virginia-based fund reported 53,511 shares.

Ratings analysis reveals 83% of Celanese’s analysts are positive. Out of 6 Wall Street analysts rating Celanese, 5 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $80.0 while the high is $105.0. The stock’s average target of $93.25 is -18.89% below today’s ($114.97) share price. CE was included in 6 notes of analysts from September 7, 2016. The stock of Celanese Corporation (NYSE:CE) earned “Outperform” rating by Robert W. Baird on Friday, February 17. As per Wednesday, September 7, the company rating was downgraded by Citigroup. KeyBanc Capital Markets initiated the stock with “Overweight” rating in Friday, October 7 report. The firm has “Outperform” rating given on Tuesday, December 13 by RBC Capital Markets. The rating was upgraded by Goldman Sachs to “Buy” on Wednesday, November 30. As per Thursday, December 1, the company rating was maintained by Cowen & Co.

The stock decreased 0.33% or $0.38 during the last trading session, reaching $114.97. About 1.29M shares traded or 39.33% up from the average. Celanese Corporation (CE) has risen 31.06% since June 6, 2017 and is uptrending. It has outperformed by 18.49% the S&P500. Some Historical CE News: ; 01/05/2018 – Celanese Sees Acetyl Chain Ops Adjusted EBIT Surpassing $900M by 2020; 27/03/2018 – Celanese Announces Vinyl Acetate-based Emulsions Price Increases; 26/03/2018 – Celanese Announces Charges on Engineered Materials Product Shipments; 20/04/2018 – Celanese Forms Golden Cross: Technicals; 01/05/2018 – Celanese Sees Engineered Materials Ops Adjusted EBIT Reaching $900M by 2020; 20/04/2018 – Celanese Appoints Benita Casey as Chief Acctg Officer; 16/04/2018 – Celanese Targets 2018 Adjusted EPS Growth of 20% to 25%; 19/03/2018 – CELANESE STATEMENT ON WITHDRAWAL OF EC NOTIFICATION; 23/04/2018 – Eli Lilly’s Elanco: Jensen Was Most Recently CFO for Celanese Corp; 01/05/2018 – Celanese Expects Adjusted EPS to Increase to About $11 by 2020

Analysts await Celanese Corporation (NYSE:CE) to report earnings on July, 23. They expect $2.30 EPS, up 28.49% or $0.51 from last year’s $1.79 per share. CE’s profit will be $312.46 million for 12.50 P/E if the $2.30 EPS becomes a reality. After $2.79 actual EPS reported by Celanese Corporation for the previous quarter, Wall Street now forecasts -17.56% negative EPS growth.

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 18.68% above currents $108 stock price. LogMeIn had 52 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of LogMeIn, Inc. (NASDAQ:LOGM) earned “Buy” rating by Needham on Wednesday, December 20. The company was maintained on Friday, July 24 by RBC Capital Markets. The company was maintained on Friday, October 27 by Robert W. Baird. The stock of LogMeIn, Inc. (NASDAQ:LOGM) has “Underweight” rating given on Wednesday, July 27 by Barclays Capital. The stock has “Outperform” rating by RBC Capital Markets on Friday, October 23. The stock of LogMeIn, Inc. (NASDAQ:LOGM) has “Outperform” rating given on Friday, April 7 by Cowen & Co. Cowen & Co maintained LogMeIn, Inc. (NASDAQ:LOGM) rating on Friday, July 28. Cowen & Co has “Buy” rating and $13400 target. The firm has “Strong Buy” rating given on Friday, July 24 by Needham. On Wednesday, July 27 the stock rating was upgraded by JP Morgan to “Overweight”. On Thursday, September 21 the stock rating was maintained by Needham with “Buy”.

Edward Herdiech, an insider, who is for the time being the Chief Financial Officer of Logmein Inc made a sale of approximately 1,987 shares of the company that are worth approx. $215,457 US Dollars which is based on a stock price of 108.4 US Dollars for each one share. Edward is trying to silently decrease his company’s share, same as he did in the last month. He unloaded another 30,182 shares worth $3,315,674 USD. The posibility that the stocks unloading remains hidden is quite small owing to the massive amount of money involved. Presently, Edward Herdiech owns 4,391 shares which are equivalent to roughly 0.01% of Logmein Inc’s total market cap (Market Capitalization is a measurement of business value based on share price and number of shares outstanding). The public Form 4 was disclosed on June 05, 2018 with the U.S. Security & Exchange Commission and is now accessible here.

Another recent and important LogMeIn, Inc. (NASDAQ:LOGM) news was published by Globenewswire.com which published an article titled: “New LogMeIn Report Reveals the Harsh Realities of Endpoint Management” on June 05, 2018.

The stock decreased 0.37% or $0.4 during the last trading session, reaching $108. About 578,124 shares traded or 18.19% up from the average. LogMeIn, Inc. (NASDAQ:LOGM) has declined 0.64% since June 6, 2017 and is downtrending. It has underperformed by 13.21% the S&P500. Some Historical LOGM News: ; 09/04/2018 – LOGMEIN INC – IMMEDIATELY FOLLOWING CONCLUSION OF COMPANY’S 2018 ANNUAL MEETING OF STOCKHOLDERS, SIZE OF BOARD WILL BE REDUCED BACK TO NINE; 26/04/2018 – LogMeIn Sees FY18 Adj EPS $5.20-Adj EPS $5.31; 09/04/2018 – LOGMEIN NAMES SARA ANDREWS TO BOARD OF DIRECTORS; 10/04/2018 – LogMeln Announces LastPass Integration Partnership with OneLogin; 26/04/2018 – LOGMEIN INC SEES FY NON-GAAP SHR $5.20 TO $5.31; 23/03/2018 – LOGMEIN ENTERED BORROWER ACCESSION AGREEMENT; 26/04/2018 – LOGMEIN INC LOGM.O FY2018 REV VIEW $1.14 BLN — THOMSON REUTERS l/B/E/S; 20/04/2018 – DJ LogMeIn Inc, Inst Holders, 1Q 2018 (LOGM); 26/04/2018 – LogMeIn 1Q Rev $279.2M; 20/04/2018 – LogMeIn Closes Below 50-Day Moving Average: Technicals

Since May 1, 2018, it had 0 insider purchases, and 12 sales for $11.98 million activity. 10,255 shares were sold by Herdiech Edward K., worth $1.13 million. 2,160 LogMeIn, Inc. (NASDAQ:LOGM) shares with value of $239,299 were sold by Ford W. Sean. $390,618 worth of LogMeIn, Inc. (NASDAQ:LOGM) was sold by D’Angelo Lawrence M. Shares for $2.03 million were sold by Simon Michael K on Monday, May 21. Battles Christopher also sold $205,911 worth of LogMeIn, Inc. (NASDAQ:LOGM) on Monday, May 7. The insider Lok James sold 5,689 shares worth $661,473.

Analysts await LogMeIn, Inc. (NASDAQ:LOGM) to report earnings on July, 26. They expect $0.98 earnings per share, up 22.50% or $0.18 from last year’s $0.8 per share. LOGM’s profit will be $51.17M for 27.55 P/E if the $0.98 EPS becomes a reality. After $0.97 actual earnings per share reported by LogMeIn, Inc. for the previous quarter, Wall Street now forecasts 1.03% EPS growth.

LogMeIn, Inc. provides cloud-based services for individuals and businesses to securely connect to their workplace, colleagues, and customers. The company has market cap of $5.64 billion. The firm offers GoToMeeting, a secure product for online meetings, sales demonstrations, and collaborative gatherings; GoToTraining, a secure online training product for interactive training sessions; GoToWebinar, a do-it-yourself Webinar product for organizations to enhance market reach; join.me, join.me pro, and join.me enterprise that are browser online meeting and screen sharing services; OpenVoice, a reservation-less audio conferencing service; Grasshopper, a well-known provider of cloud telephony solutions; and BoldChat, a Web live chat service. It has a 39.36 P/E ratio. It also provides GoToAssist, GoToAssist Corporate, and GoToAssist Seeit, which offer cloud IT support solutions to deliver uptime for people and their computers, mobile devices, and apps; LogMeIn Rescue, Rescue Lens, and LogMeIn Rescue+Mobile, which are Web remote support and customer care services offering remote support; and Xively, an IoT cloud platform and connected product management solution.

Investors sentiment decreased to 1.01 in Q1 2018. Its down 0.06, from 1.07 in 2017Q4. It fall, as 36 investors sold LogMeIn, Inc. shares while 116 reduced holdings. 50 funds opened positions while 104 raised stakes. 51.10 million shares or 0.04% less from 51.12 million shares in 2017Q4 were reported. California State Teachers Retirement reported 81,328 shares or 0.02% of all its holdings. Loomis Sayles And Com Lp reported 0.05% of its portfolio in LogMeIn, Inc. (NASDAQ:LOGM). Panagora Asset Management holds 0.06% or 128,907 shares. Sg Americas Limited Liability holds 0.01% or 10,927 shares. Tci Wealth Advsrs holds 0% of its portfolio in LogMeIn, Inc. (NASDAQ:LOGM) for 25 shares. Tiaa Cref Invest Mngmt holds 0.06% in LogMeIn, Inc. (NASDAQ:LOGM) or 802,925 shares. Highland Management Limited Partnership invested in 61,200 shares or 0.36% of the stock. Sheets Smith Wealth Mgmt holds 0.08% or 2,815 shares. Nomura has 6,277 shares. 7,349 were reported by Caxton Associate Limited Partnership. Kornitzer Capital Mgmt Ks accumulated 121,737 shares or 0.24% of the stock. Sterling Mngmt Limited Company holds 0.02% of its portfolio in LogMeIn, Inc. (NASDAQ:LOGM) for 15,717 shares. Principal Fincl Gp holds 229,100 shares. Barclays Public Ltd Company has invested 0% in LogMeIn, Inc. (NASDAQ:LOGM). Hanson Mcclain invested in 0% or 17 shares.

LogMeIn, Inc. (NASDAQ:LOGM) Institutional Positions Chart