Reasons for Douglas Lebda’s Shares Sale of LendingTree, Inc. (TREE)’s Stock; Broadwind Energy (BWEN) Sellers Increased By 5.03% Their Shorts

Broadwind Energy, Inc. (NASDAQ:BWEN) Logo

Broadwind Energy Inc (NASDAQ:BWEN) had an increase of 5.03% in short interest. BWEN’s SI was 304,600 shares in May as released by FINRA. Its up 5.03% from 290,000 shares previously. With 44,900 avg volume, 7 days are for Broadwind Energy Inc (NASDAQ:BWEN)’s short sellers to cover BWEN’s short positions. The SI to Broadwind Energy Inc’s float is 2.72%. The stock increased 1.12% or $0.03 during the last trading session, reaching $2.7. About 73,709 shares traded. Broadwind Energy, Inc. (NASDAQ:BWEN) has declined 66.57% since May 18, 2017 and is downtrending. It has underperformed by 78.12% the S&P500.

Investors sentiment decreased to 1.23 in 2017 Q4. Its down 0.07, from 1.3 in 2017Q3. It turned negative, as 18 investors sold LendingTree, Inc. shares while 70 reduced holdings. 44 funds opened positions while 64 raised stakes. 9.13 million shares or 8.84% more from 8.39 million shares in 2017Q3 were reported. D E Shaw And Com Inc has 0.02% invested in LendingTree, Inc. (NASDAQ:TREE). Alliancebernstein Limited Partnership reported 8,300 shares or 0% of all its holdings. Product Prtnrs Limited Liability Corp accumulated 77,500 shares. Shelton Mgmt has invested 0.02% in LendingTree, Inc. (NASDAQ:TREE). Advent Cap Mgmt De has invested 0.28% in LendingTree, Inc. (NASDAQ:TREE). 627 were accumulated by Natl Asset Mgmt. Miles, a Iowa-based fund reported 1,197 shares. Victory Cap accumulated 140,203 shares. Landscape Capital Ltd Llc invested in 0.15% or 5,060 shares. Fund Mgmt owns 43,184 shares. Axa invested in 0.05% or 39,400 shares. Gru One Trading L P holds 347 shares or 0% of its portfolio. Emerald Mutual Fund Advisers reported 3.79% of its portfolio in LendingTree, Inc. (NASDAQ:TREE). Citadel Advisors Ltd stated it has 7,994 shares or 0% of all its holdings. Prudential Fincl Inc reported 0.01% stake.

The Chairman & CEO of Lendingtree Inc, Douglas Lebda has made a sudden trade in the Pinksheet-listed Lendingtree Inc that is worth $4,037,845 U.S. Dollars. According to the D.C. based-SEC legal form filed on May 17, 2018, Douglas sold 14,750 shares at an average price-per-share of $273.8. This is not his first insider trade, in the last 30 days, he sold another 191,750 shares worth $55,509,308 USD. Being a significant sell, it will very likely not go hidden. Douglas Lebda today has ownership of 12.57% of the company’s market capitalization with ownership of 1.57 million shares. 

Since December 13, 2017, it had 3 insider purchases, and 26 insider sales for $93.43 million activity. Another trade for 300 shares valued at $105,351 was made by OZONIAN STEVEN on Wednesday, March 7. 8,000 shares were sold by LEBDA DOUGLAS R, worth $2.56M on Wednesday, December 13. THOMPSON G KENNEDY had bought 1,000 shares worth $248,125. Shares for $178,775 were sold by HORAN PETER. Henderson Robin also sold $272,026 worth of LendingTree, Inc. (NASDAQ:TREE) shares. $3.51M worth of LendingTree, Inc. (NASDAQ:TREE) was sold by Salvage Neil on Wednesday, March 7. Dalporto Gabriel also sold $13.13M worth of LendingTree, Inc. (NASDAQ:TREE) shares.

More notable recent LendingTree, Inc. (NASDAQ:TREE) news were published by: Prnewswire.com which released: “LendingTree, Inc. to Present at SunTrust Robinson Humphrey Internet & Digital Media Conference” on April 30, 2018, also Streetinsider.com with their article: “LendingTree (TREE) to Acquire Ovation Credit Services” published on May 11, 2018, Fool.com published: “Why MGM Resorts International, Arch Coal, and LendingTree Slumped Today” on April 26, 2018. More interesting news about LendingTree, Inc. (NASDAQ:TREE) were released by: Bizjournals.com and their article: “LendingTree stock drops after earnings fall short of Wall Street estimates” published on April 26, 2018 as well as Bizjournals.com‘s news article titled: “LendingTree CEO sold $9.4 million in stock last week” with publication date: April 23, 2018.

LendingTree, Inc., through its subsidiary, LendingTree, LLC, operates an online loan marketplace for clients seeking loans and other credit offerings in the United States. The company has market cap of $3.43 billion. The firm offers tools and resources, including free credit scores that facilitate comparison shopping for these loans and other credit offerings. It has a 241.4 P/E ratio. The Company’s mortgage products comprise purchase and refinance products.

The stock decreased 0.15% or $0.4 during the last trading session, reaching $274.95. About 133,267 shares traded. LendingTree, Inc. (NASDAQ:TREE) has risen 190.64% since May 18, 2017 and is uptrending. It has outperformed by 179.09% the S&P500.

Among 16 analysts covering LendingTree (NASDAQ:TREE), 13 have Buy rating, 1 Sell and 2 Hold. Therefore 81% are positive. LendingTree has $425.0 highest and $100 lowest target. $293.60’s average target is 6.78% above currents $274.95 stock price. LendingTree had 47 analyst reports since August 4, 2015 according to SRatingsIntel. BWS Financial maintained LendingTree, Inc. (NASDAQ:TREE) on Tuesday, August 4 with “Buy” rating. UBS upgraded the shares of TREE in report on Monday, May 7 to “Buy” rating. Needham maintained it with “Buy” rating and $400.0 target in Thursday, February 22 report. Bank of America maintained LendingTree, Inc. (NASDAQ:TREE) rating on Monday, January 22. Bank of America has “Buy” rating and $425.0 target. The firm has “Buy” rating by Needham given on Tuesday, June 20. Oppenheimer maintained the shares of TREE in report on Tuesday, August 8 with “Buy” rating. SunTrust initiated it with “Buy” rating and $150 target in Monday, November 9 report. As per Friday, June 9, the company rating was maintained by RBC Capital Markets. The firm earned “Outperform” rating on Friday, February 24 by RBC Capital Markets. RBC Capital Markets maintained LendingTree, Inc. (NASDAQ:TREE) on Friday, November 18 with “Outperform” rating.

Analysts await LendingTree, Inc. (NASDAQ:TREE) to report earnings on July, 26. They expect $0.76 earnings per share, 0.00% or $0.00 from last year’s $0.76 per share. TREE’s profit will be $9.49 million for 90.44 P/E if the $0.76 EPS becomes a reality. After $0.51 actual earnings per share reported by LendingTree, Inc. for the previous quarter, Wall Street now forecasts 49.02% EPS growth.

Broadwind Energy, Inc. provides products to the energy, mining, and infrastructure sector clients primarily in the United States. The company has market cap of $41.52 million. It operates through two divisions, Towers and Weldments, and Gearing. It currently has negative earnings. The Towers and Weldments segment makes towers that are designed for various megawatt wind turbines, as well as specialty fabrications and specialty weldments for mining and other industrial customers.

Broadwind Energy, Inc. (NASDAQ:BWEN) Institutional Positions Chart