High Pointe Capital Management Lowered Its Medtronic Plc (MDT) Stake by $758,030 as Share Value Declined; Atika Capital Management Holding in Ringcentral (RNG) Trimmed by $1.23 Million

RingCentral, Inc. (NYSE:RNG) Logo

Atika Capital Management Llc decreased its stake in Ringcentral Inc (RNG) by 13.37% based on its latest 2019Q1 regulatory filing with the SEC. Atika Capital Management Llc sold 11,500 shares as the company’s stock rose 15.55% with the market. The hedge fund held 74,500 shares of the technology company at the end of 2019Q1, valued at $8.03M, down from 86,000 at the end of the previous reported quarter. Atika Capital Management Llc who had been investing in Ringcentral Inc for a number of months, seems to be less bullish one the $9.71 billion market cap company. The stock decreased 3.55% or $4.36 during the last trading session, reaching $118.54. About 317,508 shares traded. RingCentral, Inc. (NYSE:RNG) has risen 59.28% since June 11, 2018 and is uptrending. It has outperformed by 54.85% the S&P500. Some Historical RNG News: 09/05/2018 – RINGCENTRAL INC RNG.N SEES FY 2018 NON-GAAP SHR $0.61 TO $0.65; 30/05/2018 – RingCentral Presenting at Conference Jun 5; 09/05/2018 – RingCentral Raises FY18 View To Adj EPS 61c-Adj EPS 65c; 05/03/2018 Report: App Overload Is Creating Chaos at Work and Costing Businesses Billions; 09/05/2018 – RingCentral 1Q Adj EPS 16c; 07/03/2018 – RingCentral Launches Integrated Collaborative Meetings Solution; 29/03/2018 – Pacific Dental Services® Delivers Superior Patient Experience With RingCentral’s Cloud Communications Solutions Across Over 625 Office Locations; 02/04/2018 – RingCentral Given 5-Star Rating in CRN’s 2018 Partner Program Guide; 14/05/2018 – RingCentral’s Lisa Del Real Named to 2018 CRN Women of the Channel Power 100 List; 24/04/2018 – RingCentral Recognized as a Best Place to Work in the San Francisco Bay Area and Denver Region

High Pointe Capital Management Llc decreased its stake in Medtronic Plc (MDT) by 46.54% based on its latest 2019Q1 regulatory filing with the SEC. High Pointe Capital Management Llc sold 8,330 shares as the company’s stock declined 2.65% while stock markets rallied. The institutional investor held 9,570 shares of the electromedical & electrotherapeutic apparatus company at the end of 2019Q1, valued at $872,000, down from 17,900 at the end of the previous reported quarter. High Pointe Capital Management Llc who had been investing in Medtronic Plc for a number of months, seems to be less bullish one the $130.58 billion market cap company. The stock decreased 0.36% or $0.35 during the last trading session, reaching $97.4. About 2.02 million shares traded. Medtronic plc (NYSE:MDT) has risen 2.43% since June 11, 2018 and is uptrending. It has underperformed by 2.00% the S&P500. Some Historical MDT News: 30/04/2018 – JPMorgan Disciplined Equity Adds Medtronic, Exits Costco; 07/05/2018 – Medtronic Hires JPMorgan Analyst to Focus on Shareholder Value; 12/03/2018 – Applications Now Open for the 2018 Medtronic Global Champions Team; 12/03/2018 – MEDTRONIC GETS FDA APPROVAL FOR GUARDIAN CONNECT CONTINUOUS; 24/05/2018 – Independent Stent Imaging Study Shows Excellent Healing Profile with Resolute Onyx DES in Complex Patients with Coronary Artery Disease; 09/04/2018 – MDT GETS FDA APPROVAL TO START IDE TRIAL FOR SYMPLICITY SPYRAL; 23/04/2018 – MEDTRONIC IN.PACT(TM) ADMIRAL(TM) DRUG COATED BALLOON GETS FDA; 07/05/2018 – Mike Weinstein to Join Medtronic as Senior Vice President of Strategy; 11/05/2018 – Cerus Endovascular Promotes Stephen Griffin, PhD, to President; 10/04/2018 – Medtronic Presenting at Conference Tomorrow

Investors sentiment increased to 1.11 in Q1 2019. Its up 0.12, from 0.99 in 2018Q4. It improved, as 26 investors sold RNG shares while 86 reduced holdings. 54 funds opened positions while 70 raised stakes. 88.22 million shares or 40.01% more from 63.01 million shares in 2018Q4 were reported. Prelude Capital Mngmt Limited Liability invested in 719 shares. Cubist Systematic Strategies Llc reported 52,186 shares. Great West Life Assurance Can invested 0% of its portfolio in RingCentral, Inc. (NYSE:RNG). Virtu Financial Ltd Liability owns 0.04% invested in RingCentral, Inc. (NYSE:RNG) for 7,259 shares. Ameriprise Financial Inc holds 0.01% of its portfolio in RingCentral, Inc. (NYSE:RNG) for 118,826 shares. 1,096 are owned by Meeder Asset Mgmt Inc. D E Shaw Company reported 0.07% of its portfolio in RingCentral, Inc. (NYSE:RNG). State Of Alaska Department Of Revenue reported 7,960 shares. Granahan Invest Mgmt Ma holds 0.64% or 110,535 shares. Alliancebernstein LP invested 0.02% of its portfolio in RingCentral, Inc. (NYSE:RNG). Bailard accumulated 25,000 shares. Parametrica Mgmt Limited holds 0.49% or 2,152 shares. Moreover, Weiss Multi has 0.08% invested in RingCentral, Inc. (NYSE:RNG) for 30,000 shares. Stifel Financial owns 0% invested in RingCentral, Inc. (NYSE:RNG) for 9,279 shares. California Public Employees Retirement Systems accumulated 148,337 shares or 0.02% of the stock.

Analysts await RingCentral, Inc. (NYSE:RNG) to report earnings on August, 5. They expect $-0.16 EPS, down 1,500.00% or $0.15 from last year’s $-0.01 per share. After $-0.01 actual EPS reported by RingCentral, Inc. for the previous quarter, Wall Street now forecasts 1,500.00% negative EPS growth.

Atika Capital Management Llc, which manages about $492.16 million US Long portfolio, upped its stake in Arista Networks Inc (NYSE:ANET) by 28,000 shares to 40,000 shares, valued at $12.58M in 2019Q1, according to the filing. It also increased its holding in Sarepta Therapeutics Inc (NASDAQ:SRPT) by 11,900 shares in the quarter, for a total of 90,000 shares, and has risen its stake in Square Inc.

Since December 12, 2018, it had 0 insider purchases, and 8 sales for $5.01 million activity. Sipes David sold $497,437 worth of stock or 5,842 shares. Shmunis Vladimir also sold $3.42M worth of RingCentral, Inc. (NYSE:RNG) on Tuesday, January 8. $118,455 worth of RingCentral, Inc. (NYSE:RNG) was sold by Dhruv Mitesh. On Monday, January 7 the insider Shah Praful sold $214,750.

More notable recent RingCentral, Inc. (NYSE:RNG) news were published by: Seekingalpha.com which released: “RingCentral: Time To Ring In Some Profits – Seeking Alpha” on August 20, 2018, also Seekingalpha.com with their article: “RingCentral Q1 2019 Earnings Preview – Seeking Alpha” published on May 05, 2019, Benzinga.com published: “Raymond James: RingCentral Can Sustain 30% Growth Rate – Benzinga” on March 21, 2019. More interesting news about RingCentral, Inc. (NYSE:RNG) were released by: Streetinsider.com and their article: “Tiger Global’s 13F Shows New Stake in 8×8 (EGHT), Increase in Facebook (FB), Alibaba (BABA) and NetFlix (NFLX) (More…) – StreetInsider.com” published on May 15, 2019 as well as Finance.Yahoo.com‘s news article titled: “RingCentral’s (NYSE:RNG) Wonderful 615% Share Price Increase Shows How Capitalism Can Build Wealth – Yahoo Finance” with publication date: April 29, 2019.

Analysts await Medtronic plc (NYSE:MDT) to report earnings on August, 20. They expect $1.18 EPS, up 0.85% or $0.01 from last year’s $1.17 per share. MDT’s profit will be $1.58B for 20.64 P/E if the $1.18 EPS becomes a reality. After $1.54 actual EPS reported by Medtronic plc for the previous quarter, Wall Street now forecasts -23.38% negative EPS growth.

Investors sentiment increased to 1.44 in Q1 2019. Its up 0.21, from 1.23 in 2018Q4. It improved, as 51 investors sold MDT shares while 364 reduced holdings. 129 funds opened positions while 470 raised stakes. 1.02 billion shares or 1.42% less from 1.04 billion shares in 2018Q4 were reported. Franklin Resources has invested 1.16% in Medtronic plc (NYSE:MDT). Tortoise Inv Mgmt holds 30 shares or 0% of its portfolio. Moreover, Wills Fincl Gp has 1.14% invested in Medtronic plc (NYSE:MDT). Massachusetts Financial Communication Ma owns 2.19% invested in Medtronic plc (NYSE:MDT) for 56.94 million shares. Moreover, Miles Cap Inc has 0.21% invested in Medtronic plc (NYSE:MDT). Quadrant Capital Mgmt Ltd invested 1.64% of its portfolio in Medtronic plc (NYSE:MDT). Reynders Mcveigh Capital Management Limited Liability Co stated it has 0.06% of its portfolio in Medtronic plc (NYSE:MDT). Delta Asset Llc Tn holds 0.04% or 2,865 shares. Btim owns 452,152 shares. Marco Investment Management Limited Liability holds 1.63% or 96,422 shares. Pekin Hardy Strauss Incorporated accumulated 0.05% or 6,673 shares. Northeast Fin Consultants Inc reported 0.04% stake. Blue Chip Prtn Inc owns 93,386 shares for 2.01% of their portfolio. Wetherby Asset Mngmt stated it has 19,752 shares or 0.22% of all its holdings. Farmers Merchants holds 1.01% of its portfolio in Medtronic plc (NYSE:MDT) for 165,573 shares.

More notable recent Medtronic plc (NYSE:MDT) news were published by: Fool.com which released: “3 Top Diabetes Stocks to Watch in May – Motley Fool” on May 15, 2019, also Globenewswire.com with their article: “Medtronic and Tidepool Work Together on Interoperable Automated Insulin Pump System for Diabetes Management – GlobeNewswire” published on June 08, 2019, Finance.Yahoo.com published: “Here’s What Hedge Funds Think About Eli Lilly and Company (LLY) – Yahoo Finance” on June 07, 2019. More interesting news about Medtronic plc (NYSE:MDT) were released by: Globenewswire.com and their article: “Medtronic Initiates Pivotal Trial for Bluetooth Enabled MiniMed(TM) 780G Advanced Hybrid Closed Loop System Designed to Automate Correction Bolusing – GlobeNewswire” published on June 08, 2019 as well as Benzinga.com‘s news article titled: “A Preview Of Medtronic’s Q4 Earnings – Benzinga” with publication date: May 22, 2019.

High Pointe Capital Management Llc, which manages about $316.93M and $73.08M US Long portfolio, upped its stake in Hp Inc by 31,250 shares to 50,920 shares, valued at $989,000 in 2019Q1, according to the filing. It also increased its holding in Total Sa (NYSE:TOT) by 6,770 shares in the quarter, for a total of 13,150 shares, and has risen its stake in Occidental Petroleum Corp (NYSE:OXY).

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