SunTrust Robinson Reiterates a “Buy” Rating on Malibu Boats (MBUU) and $37.0 Target; Shorts at Remark Holdings (MARK) Raised By 28.07%

Remark Holdings Incorporated (NASDAQ:MARK) had an increase of 28.07% in short interest. MARK’s SI was 873,700 shares in February as released by FINRA. Its up 28.07% from 682,200 shares previously. With 2.21 million avg volume, 0 days are for Remark Holdings Incorporated (NASDAQ:MARK)’s short sellers to cover MARK’s short positions. The SI to Remark Holdings Incorporated’s float is 5.78%. The stock increased 13.25% or $0.82 during the last trading session, reaching $7.01. About 2.45 million shares traded or 3.72% up from the average. Remark Holdings, Inc. (NASDAQ:MARK) has declined 33.48% since February 10, 2017 and is downtrending. It has underperformed by 50.18% the S&P500.

Among 7 analysts covering Malibu Boats (NASDAQ:MBUU), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Malibu Boats has $37.0 highest and $24 lowest target. $32.83’s average target is -1.71% below currents $33.4 stock price. Malibu Boats had 14 analyst reports since August 11, 2015 according to SRatingsIntel. BMO Capital Markets maintained the shares of MBUU in report on Monday, November 13 with “Outperform” rating. The firm earned “Hold” rating on Tuesday, September 22 by Zacks. The firm earned “Buy” rating on Thursday, February 25 by B. Riley & Co. The rating was maintained by BMO Capital Markets on Friday, October 13 with “Buy”. BMO Capital Markets maintained the stock with “Hold” rating in Tuesday, July 4 report. The stock of Malibu Boats, Inc. (NASDAQ:MBUU) earned “Market Perform” rating by BMO Capital Markets on Tuesday, May 10. On Wednesday, November 8 the stock rating was maintained by Wells Fargo with “Buy”. KeyBanc Capital Markets initiated it with “Overweight” rating and $24 target in Tuesday, August 11 report. The firm has “Overweight” rating by KeyBanc Capital Markets given on Thursday, August 31. B. Riley & Co maintained the shares of MBUU in report on Wednesday, November 8 with “Neutral” rating.

Malibu Boats, Inc. designs, manufactures, distributes, markets, and sells recreational powerboats. The company has market cap of $722.29 million. The firm offers performance sport boats under the Malibu and Axis brand names; and sterndrives and outboard boats under the Cobalt brand name. It has a 20 P/E ratio. The Company’s boats are used for water sports, including water skiing, wakeboarding, and wake surfing, as well as general recreational boating.

Since December 11, 2017, it had 0 insider buys, and 1 insider sale for $1.25 million activity. $1.25M worth of Malibu Boats, Inc. (NASDAQ:MBUU) was sold by Springer Jackie D. Jr. on Monday, December 11.

The stock increased 11.33% or $3.4 during the last trading session, reaching $33.4. About 747,565 shares traded or 224.26% up from the average. Malibu Boats, Inc. (NASDAQ:MBUU) has risen 77.33% since February 10, 2017 and is uptrending. It has outperformed by 60.63% the S&P500.

Investors sentiment increased to 1.51 in Q3 2017. Its up 0.18, from 1.33 in 2017Q2. It increased, as 10 investors sold Malibu Boats, Inc. shares while 39 reduced holdings. 27 funds opened positions while 47 raised stakes. 20.25 million shares or 11.45% more from 18.17 million shares in 2017Q2 were reported. Fmr Limited Liability Company stated it has 0% in Malibu Boats, Inc. (NASDAQ:MBUU). Macquarie Grp invested in 0.06% or 1.13 million shares. Federated Invsts Pa has 128 shares. Ameriprise Finance invested in 164,906 shares or 0% of the stock. New York State Common Retirement Fund reported 20,200 shares. Spark Management Limited Com stated it has 0.47% in Malibu Boats, Inc. (NASDAQ:MBUU). Raymond James Fincl Advisors holds 0% or 9,100 shares. 194,937 were accumulated by Mckinley Cap Mngmt Lc Delaware. Ny State Teachers Retirement stated it has 0% of its portfolio in Malibu Boats, Inc. (NASDAQ:MBUU). Alphaone Investment Ser Limited Liability Corporation holds 0.02% of its portfolio in Malibu Boats, Inc. (NASDAQ:MBUU) for 2,768 shares. State Street Corporation holds 399,512 shares. Legal & General Gru Public Llc holds 0% or 5,133 shares. 234,264 are owned by D E Shaw & Company Incorporated. Wellington Mngmt Group Inc Llp reported 1.02 million shares or 0.01% of all its holdings. First Quadrant Ltd Partnership Ca invested in 26,328 shares.

Remark Holdings, Inc. owns, operates, and acquires digital media properties across multiple verticals that deliver content worldwide. The company has market cap of $191.54 million. The firm leverages its digital media assets to target the Millennial demographic, which provides it with access to markets. It currently has negative earnings. It operates KanKan, a social media application and data intelligence platform, which aggregates content and consumer-shopping data across social media platforms; that offers users the ability to book lodging, air travel, show tickets, and tours; and Roomlia, a mobile hotel-booking application.