Kelly Services, Inc. (KELYA) Forms $28.66 Double Top; Nepsis Capital Management Has Lifted By $5.77 Million Its Oracle (ORCL) Stake

Kelly Services, Inc. (KELYA) formed double top with $30.95 target or 8.00% above today’s $28.66 share price. Kelly Services, Inc. (KELYA) has $1.10B valuation. The stock increased 0.46% or $0.13 during the last trading session, reaching $28.66. About 180,699 shares traded or 9.72% up from the average. Kelly Services, Inc. (NASDAQ:KELYA) has risen 29.59% since March 5, 2017 and is uptrending. It has outperformed by 12.89% the S&P500.

Nepsis Capital Management Inc increased Oracle Corp (ORCL) stake by 373.05% reported in 2017Q3 SEC filing. Nepsis Capital Management Inc acquired 120,295 shares as Oracle Corp (ORCL)’s stock rose 5.35%. The Nepsis Capital Management Inc holds 152,541 shares with $7.38 million value, up from 32,246 last quarter. Oracle Corp now has $208.31 billion valuation. The stock increased 1.23% or $0.61 during the last trading session, reaching $50.32. About 17.29 million shares traded or 2.97% up from the average. Oracle Corporation (NYSE:ORCL) has risen 14.08% since March 5, 2017 and is uptrending. It has underperformed by 2.62% the S&P500.

Analysts await Kelly Services, Inc. (NASDAQ:KELYA) to report earnings on May, 10. They expect $0.42 EPS, up 20.00% or $0.07 from last year’s $0.35 per share. KELYA’s profit will be $16.08 million for 17.06 P/E if the $0.42 EPS becomes a reality. After $0.80 actual EPS reported by Kelly Services, Inc. for the previous quarter, Wall Street now forecasts -47.50% negative EPS growth.

Nepsis Capital Management Inc decreased Lockheed Martin Corp (NYSE:LMT) stake by 4,074 shares to 17,580 valued at $5.46M in 2017Q3. It also reduced Stmicroelectronics N V (NYSE:STM) stake by 80,793 shares and now owns 305,445 shares. Twilio Inc was reduced too.