Telenav, Inc. (TNAV) Forms $5.65 Double Bottom; Last Week Graco Inc. (GGG) Analysts

Telenav, Inc. (TNAV) formed double bottom with $5.14 target or 9.00% below today’s $5.65 share price. Telenav, Inc. (TNAV) has $251.72M valuation. The stock decreased 1.74% or $0.1 during the last trading session, reaching $5.65. About 26,307 shares traded. Telenav, Inc. (NASDAQ:TNAV) has risen 88.62% since March 21, 2017 and is uptrending. It has outperformed by 71.92% the S&P500.

Among 14 analysts covering Graco Inc (NYSE:GGG), 2 have Buy rating, 0 Sell and 12 Hold. Therefore 14% are positive. Graco Inc had 34 analyst reports since September 15, 2015 according to SRatingsIntel. Deutsche Bank upgraded the stock to “Buy” rating in Tuesday, January 23 report. Suntrust Robinson initiated the shares of GGG in report on Tuesday, November 3 with “Buy” rating. RBC Capital Markets maintained it with “Hold” rating and $112.0 target in Friday, September 15 report. The firm has “Neutral” rating by Seaport Global given on Tuesday, March 22. The firm earned “Hold” rating on Wednesday, April 12 by RBC Capital Markets. The firm has “Hold” rating by SunTrust given on Tuesday, January 30. Seaport Global maintained Graco Inc. (NYSE:GGG) on Monday, January 22 with “Hold” rating. Deutsche Bank initiated the shares of GGG in report on Wednesday, September 7 with “Hold” rating. The stock has “Hold” rating by Oppenheimer on Wednesday, July 26. The firm has “Hold” rating given on Thursday, July 27 by RBC Capital Markets. See Graco Inc. (NYSE:GGG) latest ratings:

30/01/2018 Broker: RBC Capital Markets Rating: Hold New Target: $50.0 Maintain
31/01/2018 Broker: B. Riley & Co Rating: Neutral Old Target: $47 New Target: $50 Maintain
30/01/2018 Broker: SunTrust Rating: Hold New Target: $45.0 Maintain
23/01/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Buy New Target: $55 Upgrade
22/01/2018 Broker: Seaport Global Rating: Hold New Target: $47.0 Maintain
03/01/2018 Broker: RBC Capital Markets Rating: Hold New Target: $49.0 Maintain
20/12/2017 Broker: FBR Capital Rating: Hold New Target: $140.0
13/12/2017 Broker: Robert W. Baird Rating: Hold New Target: $143.0 Maintain
26/10/2017 Broker: Robert W. Baird Rating: Hold New Target: $135.0 Maintain
26/10/2017 Broker: FBR Capital Rating: Hold New Target: $140.0

Since October 2, 2017, it had 0 insider buys, and 7 selling transactions for $11.51 million activity. 30,000 Graco Inc. (NYSE:GGG) shares with value of $3.94M were sold by SHEAHAN MARK W. GALLIVAN KAREN PARK also sold $1.26M worth of Graco Inc. (NYSE:GGG) on Thursday, January 4. On Wednesday, December 13 Rothe Christian E sold $1.68M worth of Graco Inc. (NYSE:GGG) or 12,750 shares. $94,799 worth of Graco Inc. (NYSE:GGG) was sold by Etchart Eric. $1.24 million worth of Graco Inc. (NYSE:GGG) was sold by CARROLL WILLIAM J on Monday, March 12.

Graco Inc., together with its subsidiaries, designs, makes, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide. The company has market cap of $7.94 billion. It operates through three divisions: Industrial, Process, and Contractor. It has a 32.38 P/E ratio. The Industrial segment offers proportioning systems that are used to spray polyurethane foam and polyurea coatings; vapor-abrasive blasting equipment; equipment that pumps, meters, mixes, and dispenses sealant, adhesive, and composite materials; and gel coat equipment, chop and wet-out systems, resin transfer molding systems, and applicators.

The stock increased 0.69% or $0.32 during the last trading session, reaching $46.95. About 644,912 shares traded. Graco Inc. (NYSE:GGG) has risen 41.79% since March 21, 2017 and is uptrending. It has outperformed by 25.09% the S&P500.

Investors sentiment increased to 9.88 in 2017 Q3. Its up 8.92, from 0.96 in 2017Q2. It increased, as 33 investors sold Graco Inc. shares while 119 reduced holdings. 51 funds opened positions while 95 raised stakes. 46.98 million shares or 1.73% less from 47.80 million shares in 2017Q2 were reported. Zweig invested in 0.03% or 2,400 shares. Shell Asset stated it has 0.02% of its portfolio in Graco Inc. (NYSE:GGG). Sg Americas Securities Llc has 0% invested in Graco Inc. (NYSE:GGG) for 2,845 shares. C M Bidwell & Ltd accumulated 48 shares. Endurance Wealth Mgmt Inc invested 0.01% of its portfolio in Graco Inc. (NYSE:GGG). Great West Life Assurance Communication Can, a Manitoba – Canada-based fund reported 45,521 shares. The Missouri-based Confluence Invest Mngmt Limited Liability Corporation has invested 1.88% in Graco Inc. (NYSE:GGG). Kentucky-based Teachers Retirement Of The State Of Kentucky has invested 0.02% in Graco Inc. (NYSE:GGG). Regal Investment Advsr Ltd Liability holds 0.08% or 2,878 shares in its portfolio. 1.48 million are held by State Street Corporation. Cwm Ltd accumulated 4 shares or 0% of the stock. Fund Management reported 60,102 shares. Pacad Limited accumulated 400 shares. Ledyard Natl Bank holds 128 shares. South Dakota Council accumulated 7,800 shares.

Investors sentiment increased to 1.56 in 2017 Q3. Its up 0.75, from 0.81 in 2017Q2. It improved, as 12 investors sold Telenav, Inc. shares while 24 reduced holdings. 7 funds opened positions while 22 raised stakes. 17.38 million shares or 6.37% less from 18.57 million shares in 2017Q2 were reported. Tower Research Capital Ltd Liability Com (Trc) stated it has 0% in Telenav, Inc. (NASDAQ:TNAV). Fuller Thaler Asset Management has 0.02% invested in Telenav, Inc. (NASDAQ:TNAV). New Jersey-based Jacobs Levy Equity Mngmt Inc has invested 0.01% in Telenav, Inc. (NASDAQ:TNAV). Credit Suisse Ag has 23,080 shares. Lyon Street Lc accumulated 496,738 shares. Retail Bank Of America De owns 1,408 shares for 0% of their portfolio. Vanguard Gp Incorporated reported 0% stake. Citigroup Inc reported 10,309 shares. Barclays Public Limited Com reported 1,008 shares. State Board Of Administration Of Florida Retirement Systems has 12,085 shares for 0% of their portfolio. Equitec Proprietary Limited Liability Corporation reported 169,263 shares or 0.25% of all its holdings. Prudential Financial Incorporated invested 0% in Telenav, Inc. (NASDAQ:TNAV). Millennium Management Limited Liability Corporation has 38,472 shares. 2,490 were accumulated by Panagora Asset Management Incorporated. Mufg Americas accumulated 190 shares.

Analysts await Telenav, Inc. (NASDAQ:TNAV) to report earnings on May, 1. They expect $-0.68 earnings per share, down 119.35% or $0.37 from last year’s $-0.31 per share. After $-0.35 actual earnings per share reported by Telenav, Inc. for the previous quarter, Wall Street now forecasts 94.29% negative EPS growth.

Among 5 analysts covering Telenav (NASDAQ:TNAV), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Telenav had 7 analyst reports since August 24, 2015 according to SRatingsIntel. The rating was initiated by FBR Capital with “Outperform” on Monday, October 17. The stock of Telenav, Inc. (NASDAQ:TNAV) earned “Buy” rating by B. Riley & Co on Monday, August 24. Craig Hallum maintained the shares of TNAV in report on Thursday, December 21 with “Buy” rating. The rating was downgraded by Sidoti on Friday, January 20 to “Neutral”. The firm has “Buy” rating given on Monday, July 10 by Northland Capital.

Since February 6, 2018, it had 2 insider buys, and 0 selling transactions for $163,827 activity. On Tuesday, February 6 the insider Jin H.P. bought $50,650.