Why Gardner Lewis Asset Management L P Purchased Rpx Corp Stake?

June 26, 2018 - By Gregory Tomko

RPX Corporation (NASDAQ:RPXC) Corporate Logo

Big Money Sentiment decreased to 1.09 in 2018 Q1. It has change of 0.25, from 2017Q4’s 1.34. The ratio dropped due to RPX Corporation positioning: 26 sold and 40 reduced. 19 funds bought positions and 53 increased positions. Investors holded 42.83 million in 2017Q4 but now own 40.21 million shares or 6.12% less.

Tiaa Cref Invest Ltd Co holds 0% in RPX Corporation (NASDAQ:RPXC) or 263,863 shs. Metropolitan Life Ins accumulated 15,332 shs. Clark Estates Inc Ny accumulated 289,000 shs. Prelude Cap Management owns 0.01% invested in RPX Corporation (NASDAQ:RPXC) for 16,300 shs. Pnc Group reported 0% in RPX Corporation (NASDAQ:RPXC). Tci Wealth Advsrs Inc has 233 shs for 0% of their capital. Meeder Asset Mngmt invested in 7,050 shs. Barclays Pcl invested in 0% or 28,007 shs. United Svcs Automobile Association holds 0% or 14,602 shs in its capital. Price T Rowe Assoc Inc Md invested in 0% or 11,627 shs. Hotchkis Wiley Mgmt Ltd reported 123,939 shs. State Teachers Retirement Sys invested in 0% or 4,100 shs. Legal General Group Incorporated Public Ltd Company accumulated 8,886 shs. Deutsche Bancshares Ag reported 0% in RPX Corporation (NASDAQ:RPXC). 29,386 are held by Amer Group Inc.

RPX Corporation had 2 sales and 0 buys since February 20, 2018. This’s net activity of $129,418.

Gardner Lewis Asset Management L P acquired Rpx Corp position

Rpx Corp’s Sec.gov report SC 13D was submitted by Gardner Lewis Asset Management L P. Click here to accese it: 000094156018000006.The filler has 5.4% or 2,697,725 shares of the Information Technology–company as it was reported in Gardner Lewis Asset Management L P�s report.

On June 15, 2018 it was submitted as new holding in Rpx Corp for filler.The Gardner Lewis Asset Management L P�s view looks optimistic for the stock.We have no doubt the filing is bullish signal for Rpx Corp. The filler manages $330.77 million in assets and has 14+ active experts.

This Is Why Gardner Lewis Asset Management L P Bought – Rpx Corp Stock

ITEM 4. PURPOSE OF TRANSACTION

GLAM transactions are for private funds andclient accounts advised by GLAM in the normal course of business, including the Fund. GLAM reserves the right, from time to time,to acquire additional Shares for, and/or dispose of Shares held in, the private funds and client accounts advised by GLAM. Noneof the persons listed in Item 2 has any other plans or proposals related to the securities of the Issuer.

Rpx Corp Institutional Holdings

125 investors own Rpx Corp says the latest Sec.gov reports. In Q3 2017 the institutional ownership is high, which is Infinity of the outstanding shares. By 2411899 shares it is increased. Institutional investors had 42911669. In total 23 funds opened new Rpx Corp stakes, 46 increased stakes. There were 12 that closed positions and 44 reduced them.

As of Q3 2017 Clark Estates Inc is owning 0.50% of its US portfolio or 229000 shares. The stake that S&T Bank reported worth 1.45% of its portfolio 611542 shares. Further, Fairfax Financial Holdings Ltd Can reported stake worth 0.33% of the manager�s US portfolio. 239993 shares has TN Fairfax Financial Holdings Ltd Can which is 0.92% of their stock portfolio. The 89018 shares are had by IL Ativo Capital Management Llc. Rpx Corp is 0.32% of its portfolio.

Gardner Lewis Asset Management L P website.

Lastly it traded at $10.48.Since June 26, 2017 it’s 21.25% up thus downtrending. The stock underperformed the S&P 500 by 33.82%.

RPX Corporation provides patent risk management and discovery services in the United States, Japan, South Korea, and internationally.The firm is worth $523.31 million. It offers a subscription patent risk management service that facilitates exchanges of value between owners and users of patents.Last it reported negative earnings. The firm also provides a defensive patent aggregation in which it acquires patent assets to offer clients with sub-licenses; and underwrites patent infringement liability insurance policies to insure against certain costs of litigation.

Another two news for RPX Corporation (NASDAQ:RPXC) were briefly released by: Digitaljournal.com on June 11, 2018 with title “NASDAQ: RPXC Investor Alert: Lawsuit Filed in Effort to Halt the Takeover of RPX Corporation”. The other Globenewswire.com‘s article was titled “Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against RPX Corporation (RPXC)” and released on June 09, 2018.

RPX Corporation (NASDAQ:RPXC) Institutional Investors Chart

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