ServiceNow, Inc. (NOW)’s Chief Product Officer Chirantan Desai Sold 15,031 Shares; Michael Kors Holdings LTD Has 1.44 Sentiment

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Michael Kors Holdings LTD (KORS) investors sentiment increased to 1.44 in Q4 2017. It’s up 0.50, from 0.94 in 2017Q3. The ratio is more positive, as 213 hedge funds increased or opened new equity positions, while 148 trimmed and sold stock positions in Michael Kors Holdings LTD. The hedge funds in our database reported: 120.12 million shares, down from 126.63 million shares in 2017Q3. Also, the number of hedge funds holding Michael Kors Holdings LTD in top ten equity positions decreased from 5 to 4 for a decrease of 1. Sold All: 36 Reduced: 112 Increased: 110 New Position: 103.

The stock decreased 1.83% or $3.165 during the last trading session, reaching $170.255. About 918,227 shares traded. ServiceNow, Inc. (NYSE:NOW) has risen 91.85% since May 16, 2017 and is uptrending. It has outperformed by 80.30% the S&P500.

The Chief Product Officer of Servicenow Inc and company’s insider Chirantan Desai made a sale of 15,031 shares of the stock exchange listed company estimated based on $178.1 per every share. These shares have a market value of nearly $2,677,480 US Dollars. The deal was dated 15-05-2018 and was revealed in a 4F filing filed with the Washington-based Security and Exchange Commission. The 4F filing is readily available here. This deal was pretty sizable one, so clearly it won’t go undiscovered. Now, he owns 503 shares or about 0.0003% of the company’s market capitalization (total value of the shares outstanding).

Investors sentiment decreased to 1.05 in 2017 Q4. Its down 0.33, from 1.38 in 2017Q3. It dived, as 42 investors sold ServiceNow, Inc. shares while 132 reduced holdings. 67 funds opened positions while 116 raised stakes. 167.59 million shares or 1.79% less from 170.65 million shares in 2017Q3 were reported. 112,352 were accumulated by Nuveen Asset Mgmt Limited Liability Com. Fdx reported 3,088 shares or 0.01% of all its holdings. Brown Advisory Inc reported 4,840 shares. Ahl Ptnrs Ltd Liability Partnership invested in 3,266 shares. Allen Inv Management Limited holds 368,933 shares. Nelson Roberts Inv Ltd Liability Corp holds 0.01% in ServiceNow, Inc. (NYSE:NOW) or 225 shares. Menta Lc stated it has 0.21% of its portfolio in ServiceNow, Inc. (NYSE:NOW). 1832 Asset Management L P reported 1.21M shares. Cibc Asset Mngmt holds 7,277 shares or 0.01% of its portfolio. The Belgium-based Kbc Grp Inc Nv has invested 0.24% in ServiceNow, Inc. (NYSE:NOW). Texas Yale Cap invested 0.09% of its portfolio in ServiceNow, Inc. (NYSE:NOW). Moreover, Commonwealth National Bank Of Australia has 0% invested in ServiceNow, Inc. (NYSE:NOW) for 574 shares. Envestnet Asset Mngmt reported 19,528 shares or 0.01% of all its holdings. Lenox Wealth Inc invested in 269 shares. Eagle Asset Mgmt holds 0.21% of its portfolio in ServiceNow, Inc. (NYSE:NOW) for 295,918 shares.

More notable recent ServiceNow, Inc. (NYSE:NOW) news were published by: Seekingalpha.com which released: “Corvex adds ServiceNow, exits Comcast in Q1” on May 15, 2018, also Seekingalpha.com with their article: “ServiceNow: Precarious Valuation Weighs On Good Results” published on April 30, 2018, Streetinsider.com published: “Lone Pine’s 13F Shows New Stake in Dollar Tree (DLTR), Square (SQ), T-Mobile (TMUS) (more..)” on May 15, 2018. More interesting news about ServiceNow, Inc. (NYSE:NOW) were released by: Seekingalpha.com and their article: “Will ServiceNow Make Any Acquisitions In India?” published on May 04, 2018 as well as Streetinsider.com‘s news article titled: “Tiger Global’s 13F Shows New Stake in Twitter (TWTR), Mercado (MELI), Increases Stake in Amazon (AMZN) (more..)” with publication date: May 15, 2018.

Since January 9, 2018, it had 0 insider purchases, and 17 insider sales for $99.73 million activity. $5.66M worth of ServiceNow, Inc. (NYSE:NOW) was sold by LUDDY FREDERIC B. Desai Chirantan Jitendra sold 19,742 shares worth $3.09M. MILLER JEFFREY A sold $2.08 million worth of stock or 12,821 shares. The insider BOSTROM SUSAN L sold $2.80M. Sands Anita M had sold 1,636 shares worth $246,234. The insider Slootman Frank sold 100,000 shares worth $16.45M. Schneider David sold $336,300 worth of ServiceNow, Inc. (NYSE:NOW) on Thursday, February 15.

ServiceNow, Inc. provides enterprise cloud computing solutions that define, structure, manage, and automate services for enterprises worldwide. The company has market cap of $30.08 billion. The firm offers service management solutions for customer support, human resources, security operations, and other enterprise departments. It currently has negative earnings. It operates ServiceNow platform that provides workflow, configuration management database, service catalog, service portal, knowledge management, reporting and analytics, data benchmarking, visual task boards, built-in and optional encryption capabilities, and collaboration and developer tools.

Among 41 analysts covering ServiceNow Inc (NYSE:NOW), 33 have Buy rating, 0 Sell and 8 Hold. Therefore 80% are positive. ServiceNow Inc has $202 highest and $65 lowest target. $150.69’s average target is -11.49% below currents $170.255 stock price. ServiceNow Inc had 132 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Hold” on Thursday, October 26. The rating was maintained by Canaccord Genuity on Wednesday, January 24 with “Buy”. On Tuesday, December 12 the stock rating was downgraded by J.P. Morgan to “Hold”. The stock of ServiceNow, Inc. (NYSE:NOW) earned “Buy” rating by William Blair on Tuesday, August 25. The rating was maintained by Morgan Stanley with “Overweight” on Tuesday, January 30. On Thursday, January 28 the stock rating was maintained by RBC Capital Markets with “Top Pick”. Barclays Capital maintained ServiceNow, Inc. (NYSE:NOW) on Thursday, February 1 with “Overweight” rating. The stock has “Buy” rating by RBC Capital Markets on Monday, May 29. The firm has “Buy” rating given on Thursday, October 26 by Robert W. Baird. The stock has “Buy” rating by Mizuho on Monday, January 22.

Analysts await ServiceNow, Inc. (NYSE:NOW) to report earnings on July, 25. They expect $-0.10 EPS, up 60.00% or $0.15 from last year’s $-0.25 per share. After $0.14 actual EPS reported by ServiceNow, Inc. for the previous quarter, Wall Street now forecasts -171.43% negative EPS growth.

Ratings analysis reveals 0 of Michael Kors’s analysts are positive. Out of 7 Wall Street analysts rating Michael Kors, 0 give it “Buy”, 1 “Sell” rating, while 6 recommend “Hold”. The lowest target is $38.0 while the high is $45.0. The stock’s average target of $41.75 is -36.31% below today’s ($65.555) share price. KORS was included in 7 notes of analysts from September 29, 2016. CLSA initiated Michael Kors Holdings Limited (NYSE:KORS) rating on Thursday, September 29. CLSA has “Sell” rating and $45.0 target. Telsey Advisory maintained it with “Market Perform” rating and $42.0 target in Wednesday, February 8 report. Mizuho maintained it with “Neutral” rating and $38.0 target in Tuesday, February 7 report. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Monday, November 14 report. The firm has “Sector Perform” rating given on Wednesday, February 8 by RBC Capital Markets. The firm has “Neutral” rating given on Tuesday, January 3 by Piper Jaffray. On Friday, September 30 the stock rating was initiated by Guggenheim with “Neutral”.

More important recent Michael Kors Holdings Limited (NYSE:KORS) news were published by: Streetinsider.com which released: “Einhorn’s Greenlight Capital Enters Office Depot (ODP), Abercrombie & Fitch (ANF) (more…) – 13F” on May 15, 2018, also Nasdaq.com published article titled: “Michael Kors Still Crushing Coach With Teens”, Nasdaq.com published: “Why Michael Kors Holdings Ltd Stock Slipped Today” on May 03, 2018. More interesting news about Michael Kors Holdings Limited (NYSE:KORS) was released by: Businesswire.com and their article: “Michael Kors Holdings Limited Announces Reporting Date For Fourth Quarter and Fiscal 2018 Financial Results” with publication date: May 09, 2018.

The stock increased 1.71% or $1.105 during the last trading session, reaching $65.555. About 1.45M shares traded. Michael Kors Holdings Limited (KORS) has risen 62.72% since May 16, 2017 and is uptrending. It has outperformed by 51.17% the S&P500.

Michael Kors Holdings Limited design, markets, distributes, and retails branded womenÂ’s apparel and accessories, and menÂ’s apparel. The company has market cap of $9.98 billion. The firm operates in three divisions: Retail, Wholesale, and Licensing. It has a 19.69 P/E ratio. The Retail segment is involved in the sale of womenÂ’s apparel; men's apparel; accessories, which include handbags and small leather goods, such as wallets; footwear; and licensed products comprising watches, jewelry, fragrances, beauty products, and eyewear.

Analysts await Michael Kors Holdings Limited (NYSE:KORS) to report earnings on May, 30 before the open. They expect $0.59 earnings per share, down 19.18% or $0.14 from last year’s $0.73 per share. KORS’s profit will be $89.78M for 27.78 P/E if the $0.59 EPS becomes a reality. After $1.77 actual earnings per share reported by Michael Kors Holdings Limited for the previous quarter, Wall Street now forecasts -66.67% negative EPS growth.

Since January 1, 0001, it had 0 insider purchases, and 6 insider sales for $44.48 million activity.

Wilsey Asset Management Inc holds 5.93% of its portfolio in Michael Kors Holdings Limited for 167,988 shares. Lipe & Dalton owns 86,465 shares or 3.76% of their US portfolio. Moreover, Flossbach Von Storch Ag has 2.29% invested in the company for 3.80 million shares. The Tennessee-based Courage Capital Management Llc has invested 2.26% in the stock. Lodge Hill Capital Llc, a New York-based fund reported 310,000 shares.

ServiceNow, Inc. (NYSE:NOW) Institutional Positions Chart