ORBCOMM Inc. (ORBC) Forms $10.91 Double Top; D-E Shaw & Company Has Upped Bce (BCE) Stake

D-E Shaw & Company Inc increased Bce Inc (BCE) stake by 19.2% reported in 2017Q3 SEC filing. D-E Shaw & Company Inc acquired 19,071 shares as Bce Inc (BCE)’s stock declined 0.38%. The D-E Shaw & Company Inc holds 118,417 shares with $5.55 million value, up from 99,346 last quarter. Bce Inc now has $43.39 billion valuation. The stock decreased 0.02% or $0.01 during the last trading session, reaching $47.57. About 901,118 shares traded or 32.46% up from the average. BCE Inc. (NYSE:BCE) has declined 2.36% since January 7, 2017 and is downtrending. It has underperformed by 19.06% the S&P500.

ORBCOMM Inc. (ORBC) formed double top with $11.89 target or 9.00% above today’s $10.91 share price. ORBCOMM Inc. (ORBC) has $810.54 million valuation. The stock decreased 0.73% or $0.08 during the last trading session, reaching $10.91. About 579,990 shares traded. ORBCOMM Inc. (NASDAQ:ORBC) has risen 5.18% since January 7, 2017 and is uptrending. It has underperformed by 11.52% the S&P500.

Investors sentiment decreased to 1.31 in 2017 Q3. Its down 0.38, from 1.69 in 2017Q2. It dived, as 15 investors sold ORBCOMM Inc. shares while 33 reduced holdings. 19 funds opened positions while 44 raised stakes. 55.19 million shares or 1.16% more from 54.56 million shares in 2017Q2 were reported. Susquehanna International Ltd Liability Partnership has invested 0% in ORBCOMM Inc. (NASDAQ:ORBC). Jpmorgan Chase And reported 0% stake. Zurcher Kantonalbank (Zurich Cantonalbank) reported 2,588 shares. Millrace Asset Group Inc Inc has 2.11% invested in ORBCOMM Inc. (NASDAQ:ORBC). New York-based American Gp Inc has invested 0% in ORBCOMM Inc. (NASDAQ:ORBC). Eagle Asset Mgmt Incorporated owns 671,090 shares. Griffin Asset Mngmt invested 0.68% in ORBCOMM Inc. (NASDAQ:ORBC). Schwab Charles Investment Mngmt stated it has 0% in ORBCOMM Inc. (NASDAQ:ORBC). Numeric Limited accumulated 122,400 shares. Gabelli Funds Limited Liability reported 0% in ORBCOMM Inc. (NASDAQ:ORBC). Federated Invsts Incorporated Pa reported 592 shares. Masters Cap Mngmt Ltd holds 0.38% or 1.54 million shares in its portfolio. Adage Partners Gp Limited Company invested in 3.50M shares. Friedberg Management holds 0.79% of its portfolio in ORBCOMM Inc. (NASDAQ:ORBC) for 46,650 shares. Qs Investors Ltd invested in 0% or 40 shares.

Analysts await ORBCOMM Inc. (NASDAQ:ORBC) to report earnings on February, 27. They expect $-0.10 EPS, down 150.00% or $0.06 from last year’s $-0.04 per share. After $-0.10 actual EPS reported by ORBCOMM Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 4 analysts covering ORBCOMM (NASDAQ:ORBC), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. ORBCOMM has $16 highest and $1 lowest target. $14’s average target is 28.32% above currents $10.91 stock price. ORBCOMM had 15 analyst reports since March 14, 2016 according to SRatingsIntel. The stock has “Buy” rating by Canaccord Genuity on Monday, September 11. Northland Capital maintained ORBCOMM Inc. (NASDAQ:ORBC) rating on Friday, September 29. Northland Capital has “Buy” rating and $13.0 target. Canaccord Genuity maintained it with “Buy” rating and $1400 target in Thursday, August 10 report. The rating was maintained by Canaccord Genuity with “Buy” on Wednesday, July 12. The firm has “Buy” rating given on Monday, October 16 by Canaccord Genuity. On Monday, June 12 the stock rating was maintained by Canaccord Genuity with “Buy”. Canaccord Genuity maintained the stock with “Buy” rating in Thursday, November 2 report. The stock of ORBCOMM Inc. (NASDAQ:ORBC) earned “Outperform” rating by Macquarie Research on Monday, October 31. The rating was maintained by Northland Capital on Friday, November 3 with “Buy”. Canaccord Genuity maintained it with “Buy” rating and $1400 target in Thursday, August 3 report.

Since August 1, 2017, it had 0 insider buys, and 9 selling transactions for $4.93 million activity. Eisenberg Marc sold $1.30 million worth of stock or 115,000 shares. Eisenberg Jerome B sold 7,000 shares worth $77,511. Shares for $473,289 were sold by Stolte John J Jr. The insider Le Brun Christian sold 82,901 shares worth $925,751. $1.58M worth of ORBCOMM Inc. (NASDAQ:ORBC) was sold by COSTANTINI ROBERT G. The insider Milcos Constantine sold 13,832 shares worth $155,873.

D-E Shaw & Company Inc decreased Forest City Rlty Tr Inc stake by 18,922 shares to 45,994 valued at $1.17 million in 2017Q3. It also reduced Marathon Oil Corp (Call) (NYSE:MRO) stake by 51,100 shares and now owns 150,300 shares. Unitedhealth Group Inc (NYSE:UNH) was reduced too.