Tekne Capital Management LLC Increased Stake in Stamps Com INC (STMP)

May 3, 2018 - By Mark Williams

Stamps.com Inc. (NASDAQ:STMP) Corporate LogoBig Money Sentiment increased to 1.21 in Q4 2017. It has change of 0.20, from 2017Q3’s 1.01. The ratio is positive due to STMP positioning: 39 sold and 70 reduced. 41 funds bought holdings and 91 increased holdings. Investors holded 16.25 million in 2017Q3 but now own 16.37 million shares or 0.78% more. Federated Invsts Pa has invested 0% of its capital in Stamps.com Inc. (NASDAQ:STMP). Oz Mgmt LP holds 10,200 shs. Boston Advsr Limited Liability Com invested in 2,847 shs or 0.01% of the stock. Deutsche Natl Bank Ag has invested 0.01% in Stamps.com Inc. (NASDAQ:STMP). Granahan Investment Incorporated Ma accumulated 0.38% or 25,829 shs. The Alabama-based Regions Corp has invested 0% in Stamps.com Inc. (NASDAQ:STMP). Ameritas Partners stated it has 1,350 shs or 0.01% of all its holdings. Thompson Davis And Comm Inc owns 75 shs. Great West Life Assurance Com Can reported 0.01% in Stamps.com Inc. (NASDAQ:STMP). Newbrook Capital Advisors Limited Partnership, New York-based fund reported 186,453 shs. Principal Gp reported 0.02% stake. Rhumbline Advisers has 0.01% invested in Stamps.com Inc. (NASDAQ:STMP) for 37,959 shs. Disciplined Growth Invsts Mn reported 329,189 shs. Goldman Sachs Grp has 0.01% invested in Stamps.com Inc. (NASDAQ:STMP) for 128,906 shs. Financial Bank Of Mellon reported 233,606 shs or 0.01% of all its holdings.

STMP had 17 insider sales and 0 insider buys since December 18, 2017. This’s net activity of $43.76 million. Shares for $8.47 million were sold by HUEBNER KYLE on Monday, March 5. The insider Lipson Matthew A. sold $1.87 million. On Tuesday, February 27 a trade for 44,455 shs valued at $8.60 million was made by Buerba Sebastian. 1,200 Stamps.com Inc. (NASDAQ:STMP) shs with value of $229,620 were sold by Khechfe Amine. On Monday, February 26 $203,183 worth of Stamps.com Inc. (NASDAQ:STMP) was sold by ANANDA MOHAN P.

In 2017Q4 Securities and Exchange filling is reported Beeneet Kothari’s holdings in Stamps Com Inc (STMP) which was rose by 13.4%. 21,709 shares were bought by Tekne Capital Management Llc as the company’s stock rose 7.45% while stock markets declined. At the end of 2017Q4, the 183,773 shares of the business services company held by the hedge fund run by Beeneet Kothari were priced at $34.55M, up from 162,064 at the end of the previous reported quarter. Tekne Capital Management Llc has cut its stake in and also reduced its holding in Ctrip Com Intl Ltd (NASDAQ:CTRP) by 329,358 shares in the quarter, for a total of 151,777 shares.

Stamps.com Inc. (NASDAQ:STMP) Ratings Coverage

In total 5 analysts cover Stampscom (NASDAQ:STMP). “Buy” rating has 5, “Sell” are 0, while 0 are “Hold”. 100% are bullish. With $275 highest and $215.0 lowest PT Stampscom has $254 average PT or 10.46% above the current ($229.95) price. 8 are the (NASDAQ:STMP)’s analyst reports since November 20, 2017 according to StockzIntelligence Inc. The stock rating was maintained by FBR Capital with “Buy” on Thursday, February 22. On Monday, November 20 the rating was maintained by Northland Capital with “Buy”. On Thursday, February 22 the stock of Stamps.com Inc. (NASDAQ:STMP) earned “Buy” rating by Craig Hallum. On Thursday, February 22 the stock of Stamps.com Inc. (NASDAQ:STMP) has “Buy” rating given by Roth Capital. On Friday, February 9 FBR Capital maintained Stamps.com Inc. (NASDAQ:STMP) with “Buy” rating. On Monday, April 23 the stock has “Buy” rating by Craig Hallum. On Friday, December 1 the stock of Stamps.com Inc. (NASDAQ:STMP) earned “Buy” rating by FBR Capital. On Thursday, February 22 the firm has “Buy” rating by B. Riley & Co given.

Stamps.com Inc. (NASDAQ:STMP) Institutional Investors Chart

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