Alibaba Group Hldg LTD Sponsor (BABA) Share Value Declined While Benchmark Capital Advisors Lowered Stake by $426,400; Pacific Ridge Capital Partners Holding in Summit Financial Grp (SMMF) Has Trimmed by $386,032 as Market Value Declined

Benchmark Capital Advisors decreased its stake in Alibaba Group Hldg Ltd Sponsor (BABA) by 50.58% based on its latest 2018Q3 regulatory filing with the SEC. Benchmark Capital Advisors sold 2,600 shares as the company’s stock declined 3.15% with the market. The institutional investor held 2,540 shares of the business services company at the end of 2018Q3, valued at $418,000, down from 5,140 at the end of the previous reported quarter. Benchmark Capital Advisors who had been investing in Alibaba Group Hldg Ltd Sponsor for a number of months, seems to be less bullish one the $439.12B market cap company. The stock increased 0.41% or $0.69 during the last trading session, reaching $169.4. About 8.39 million shares traded. Alibaba Group Holding Limited (NYSE:BABA) has declined 13.21% since February 13, 2018 and is downtrending. It has underperformed by 13.21% the S&P500. Some Historical BABA News: 24/04/2018 – Paytm in talks to buy Indian portal TicketNew from Alibaba Pictures, sources say; 20/04/2018 – Alibaba buys Chinese chipmaker to aid internet of things business after ZTE ban; 12/03/2018 – IKang Healthcare: Yunfeng and Alibaba Are in Discussions With Certain Significant Holders Regarding Potential Support; 30/04/2018 – Alibaba’s Tsai Says Trade War With China Could ‘Kill a Lot of Jobs in America’ (Video); 12/04/2018 – ANT FINANCIAL ALSO IN TALKS WITH SEVERAL GLOBAL AND CHINESE INVESTORS; 24/04/2018 – E-Commerce: Global Markets to 2022 – Leading Players are Alibaba, Amazon.com, Apple, JD.com and Walmart – ResearchAndMarkets.com; 10/04/2018 – China’s Ant ups fundraising target, valuation could hit $150 bln; 18/04/2018 – Verizon’s Oath has hired a COO from Alibaba, and its top media executive has left; 21/03/2018 – Budget fashion brand H&M launches on Alibaba’s Tmall in China; 04/05/2018 – ALIBABA TO BUILD PAYMENT, LOGISTICS INFRASTRUCTURE IN SE ASIA

Pacific Ridge Capital Partners Llc decreased its stake in Summit Financial Grp (SMMF) by 10.28% based on its latest 2018Q3 regulatory filing with the SEC. Pacific Ridge Capital Partners Llc sold 16,784 shares as the company’s stock declined 17.37% with the market. The institutional investor held 146,483 shares of the finance company at the end of 2018Q3, valued at $3.40M, down from 163,267 at the end of the previous reported quarter. Pacific Ridge Capital Partners Llc who had been investing in Summit Financial Grp for a number of months, seems to be less bullish one the $312.12 million market cap company. The stock decreased 1.66% or $0.41 during the last trading session, reaching $24.26. About 12,639 shares traded. Summit Financial Group, Inc. (NASDAQ:SMMF) has declined 24.32% since February 13, 2018 and is downtrending. It has underperformed by 24.32% the S&P500. Some Historical SMMF News: 23/03/2018 Steven W. Lieberman Is Recognized, For A Record 16th Consecutive Year, As Summit Financial Resources Inc.’s Investment Leader; 26/04/2018 – Summit Financial 1Q EPS 60c; 22/04/2018 – DJ Summit Financial Group Inc, Inst Holders, 1Q 2018 (SMMF); 08/05/2018 – Summit to Participate in the D.A. Davidson 20th Annual Financial Institutions Conference; 26/04/2018 – SUMMIT FINANCIAL GROUP INC SMMF.O – QUARTERLY DIVIDEND PAID TO SHAREHOLDERS INCREASED 18.2 PERCENT TO $0.13 PER SHARE

Pacific Ridge Capital Partners Llc, which manages about $150.62 million and $387.24M US Long portfolio, upped its stake in Mdc Partners Inc (NASDAQ:MDCA) by 149,950 shares to 282,150 shares, valued at $1.17M in 2018Q3, according to the filing. It also increased its holding in West Bancorporation (NASDAQ:WTBA) by 24,236 shares in the quarter, for a total of 203,761 shares, and has risen its stake in Barrett Business Services Inc (NASDAQ:BBSI).

Among 2 analysts covering Summit Financial Group (NASDAQ:SMMF), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Summit Financial Group had 2 analyst reports since October 12, 2016 according to SRatingsIntel. The stock of Summit Financial Group, Inc. (NASDAQ:SMMF) has “Hold” rating given on Monday, September 25 by Sandler O’Neill.

Since November 27, 2018, it had 2 buys, and 2 insider sales for $40,182 activity. On Friday, February 1 HINKLE GARY L bought $17,819 worth of Summit Financial Group, Inc. (NASDAQ:SMMF) or 744 shares. JENNINGS SCOTT C sold 1,400 shares worth $24,906.

Investors sentiment decreased to 1.37 in 2018 Q3. Its down 0.63, from 2 in 2018Q2. It dropped, as 8 investors sold SMMF shares while 11 reduced holdings. 3 funds opened positions while 23 raised stakes. 2.91 million shares or 1.77% less from 2.96 million shares in 2018Q2 were reported. Burney accumulated 9,550 shares or 0.01% of the stock. Kennedy Cap, Missouri-based fund reported 127,838 shares. Maltese Capital Management Ltd Limited Liability Company has invested 0.08% in Summit Financial Group, Inc. (NASDAQ:SMMF). Ameritas Invest, Nebraska-based fund reported 649 shares. Dimensional Fund Advisors Limited Partnership holds 0% or 114,382 shares. Commercial Bank Of Mellon invested 0% of its portfolio in Summit Financial Group, Inc. (NASDAQ:SMMF). Northern Corp, a Illinois-based fund reported 117,964 shares. Morgan Stanley has invested 0% in Summit Financial Group, Inc. (NASDAQ:SMMF). State Street stated it has 0% of its portfolio in Summit Financial Group, Inc. (NASDAQ:SMMF). Pnc Finance Ser Group holds 0% of its portfolio in Summit Financial Group, Inc. (NASDAQ:SMMF) for 4,088 shares. Tctc Holdg Ltd Liability Corporation has invested 0.01% of its portfolio in Summit Financial Group, Inc. (NASDAQ:SMMF). Jpmorgan Chase And reported 2,537 shares stake. Barclays Plc owns 4,377 shares or 0% of their US portfolio. Pacific Ridge Capital Prtnrs Ltd Liability Corp stated it has 146,483 shares. Renaissance Lc holds 245,895 shares or 0.01% of its portfolio.

More notable recent Summit Financial Group, Inc. (NASDAQ:SMMF) news were published by: Nasdaq.com which released: “Summit Financial Group Reports Fourth Quarter and Full Year 2018 Results – Nasdaq” on January 29, 2019, also Nasdaq.com with their article: “BGC Partners (BGCP) Concludes ED Broking Group Acquisition – Nasdaq” published on February 04, 2019, Zacks.com published: “Summit Financial (SMMF) Q3 Earnings Match Estimates – Zacks.com” on October 25, 2018. More interesting news about Summit Financial Group, Inc. (NASDAQ:SMMF) were released by: Nasdaq.com and their article: “Summit Financial Q4 Profit Rises – Nasdaq” published on January 29, 2019 as well as Nasdaq.com‘s news article titled: “Summit Financial (SMMF) Q4 Earnings and Revenues Top Estimates – Nasdaq” with publication date: January 29, 2019.

Summit Financial Group, Inc. (NASDAQ:SMMF) Institutional Positions Chart