Dynatronics (DYNT) Reaches $2.20 52-Week Low; American International Group Cut Paychex (PAYX) Position

Paychex, Inc. (NASDAQ:PAYX) Logo

The stock of Dynatronics Corporation (NASDAQ:DYNT) hit a new 52-week low and has $2.13 target or 3.00% below today’s $2.20 share price. The 6 months bearish chart indicates high risk for the $18.02 million company. The 1-year low was reported on Feb, 13 by Barchart.com. If the $2.13 price target is reached, the company will be worth $540,450 less. The stock decreased 16.03% or $0.42 during the last trading session, reaching $2.2. About 69,282 shares traded or 1926.38% up from the average. Dynatronics Corporation (NASDAQ:DYNT) has risen 9.17% since February 13, 2018 and is uptrending. It has outperformed by 9.17% the S&P500. Some Historical DYNT News: 19/04/2018 DJ Dynatronics Corporation, Inst Holders, 1Q 2018 (DYNT); 15/05/2018 – DYNATRONICS FILES TO OFFER $50M IN MIXED SECURITIES; 15/05/2018 – DYNATRONICS CORP QTRLY NET SALES $16.6 MLN VS $7.7 MLN; 15/05/2018 – DYNATRONICS CORP QTRLY SHR LOSS $0.18

American International Group Inc decreased Paychex Inc (PAYX) stake by 3.79% reported in 2018Q3 SEC filing. American International Group Inc sold 259,370 shares as Paychex Inc (PAYX)’s stock declined 8.21%. The American International Group Inc holds 6.58M shares with $484.57M value, down from 6.84 million last quarter. Paychex Inc now has $26.93 billion valuation. The stock increased 0.23% or $0.17 during the last trading session, reaching $75. About 1.08M shares traded. Paychex, Inc. (NASDAQ:PAYX) has declined 0.60% since February 13, 2018 and is downtrending. It has underperformed by 0.60% the S&P500. Some Historical PAYX News: 29/05/2018 – Paychex CEO: Small businesses need to increase pay to attract hard-to-find workers; 06/04/2018 – Paychex Presenting at Conference Apr 6; 26/03/2018 – PAYCHEX SEES FY NET INCOME GROWTH ABOUT +13%; 29/05/2018 – The Paychex-IHS Markit small business jobs survey shows a slight increase in the rate of hiring for May; 26/03/2018 – PAYCHEX 3Q REV. $866.5M, EST. $854.1M; 26/03/2018 – Paychex 3Q Adj EPS 63c; 27/04/2018 – PAYCHEX BOOSTS QTRLY DIV BY 12%; 30/04/2018 – Paychex Inc: Paychex Expands Board, Elects New Member Mon, 30 Apr 2018 15:50:13 +0000; 26/03/2018 – Cramer also sits down with the CEOs of Wendy’s and Paychex; 30/04/2018 – NACHA Announces Official Payments and Paychex Are NACHA Certified

More notable recent Dynatronics Corporation (NASDAQ:DYNT) news were published by: Digitaljournal.com which released: “Dynatronics Features Best-in-Class Physical Therapy Product Portfolio at Combined Sections Meeting Trade Show – Press Release – Digital Journal” on January 22, 2019, also Seekingalpha.com with their article: “Dynatronics Corporation (DYNT) CEO Christopher Von Jako On Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” published on September 27, 2018, Seekingalpha.com published: “Dynatronics Corporation (DYNT) CEO Christopher Von Jako on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” on November 13, 2018. More interesting news about Dynatronics Corporation (NASDAQ:DYNT) were released by: Seekingalpha.com and their article: “Dynatronics’ (DYNT) CEO Kelvyn Cullimore on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” published on May 15, 2018 as well as Prnewswire.com‘s news article titled: “Dynatronics Corporation Announces Leadership Transition – PR Newswire” with publication date: February 21, 2018.

Dynatronics Corporation designs, manufactures, distributes, and markets physical medicine products in the United States and internationally. The company has market cap of $18.02 million. It makes and sells electrotherapy, therapeutic ultrasound, phototherapy, thermal therapy, iontophoresis devices, and other modalities; traction therapy equipment; medical supplies and soft goods, including hot and cold packs, lumbar rolls, exercise balls, wrist splints, ankle weights, cervical collars and pillows, slings, bolsters, positioning wedges, back cushions, weight racks, rehabilitation products, back and wrist braces. It currently has negative earnings. The firm also sells mat platforms, and other rehabilitation and athletic training room products.

Investors sentiment Infinity in Q3 2018. Its in 2018Q2. It [12345], as 0 investors sold Dynatronics Corporation shares while 0 reduced holdings. 2 funds opened positions while 4 raised stakes. 2.09 million shares or 13.32% more from 1.85 million shares in 2018Q2 were reported. Morgan Stanley stated it has 1 shares. Renaissance Techs Ltd Company owns 20,600 shares for 0% of their portfolio. State Bank Of America De invested in 20,000 shares. Vanguard accumulated 0% or 27,747 shares. 110,811 are owned by First Light Asset Management Ltd Liability Co. Wells Fargo & Company Mn stated it has 0% in Dynatronics Corporation (NASDAQ:DYNT). Susquehanna International Group Incorporated Ltd Liability Partnership holds 21,464 shares. Perritt Mgmt invested in 0.17% or 200,000 shares. Blackrock holds 22,086 shares. Armistice Limited Liability Company owns 0.09% invested in Dynatronics Corporation (NASDAQ:DYNT) for 551,046 shares.

American International Group Inc increased Harris Corp (NYSE:HRS) stake by 2,155 shares to 42,201 valued at $7.14M in 2018Q3. It also upped Netease Inc Adr (NASDAQ:NTES) stake by 1,397 shares and now owns 5,756 shares. Msc Industrial Direct Co A (NYSE:MSM) was raised too.

More notable recent Paychex, Inc. (NASDAQ:PAYX) news were published by: Seekingalpha.com which released: “Paychex: Strong Dividend Yield, Weak Total Return Potential – Seeking Alpha” on January 15, 2019, also Nasdaq.com with their article: “PAYX Crosses Above Average Analyst Target – Nasdaq” published on February 05, 2019, Nasdaq.com published: “Paychex Breaks Above 200-Day Moving Average – Bullish for PAYX – Nasdaq” on January 15, 2019. More interesting news about Paychex, Inc. (NASDAQ:PAYX) were released by: Nasdaq.com and their article: “Paychex (PAYX) Up 5.8% Since Last Earnings Report: Can It Continue? – Nasdaq” published on January 18, 2019 as well as Seekingalpha.com‘s news article titled: “Paychex: Offering A Good Entry Point – Seeking Alpha” with publication date: October 16, 2018.

Investors sentiment increased to 1.08 in Q3 2018. Its up 0.08, from 1 in 2018Q2. It improved, as 25 investors sold PAYX shares while 292 reduced holdings. 96 funds opened positions while 245 raised stakes. 239.85 million shares or 3.13% more from 232.57 million shares in 2018Q2 were reported. Bankshares Of Montreal Can has 0.03% invested in Paychex, Inc. (NASDAQ:PAYX) for 527,944 shares. Wagner Bowman Mgmt holds 3,930 shares. The North Carolina-based Smith Salley & Assoc has invested 0.35% in Paychex, Inc. (NASDAQ:PAYX). Zwj Counsel holds 0.02% in Paychex, Inc. (NASDAQ:PAYX) or 2,880 shares. Washington Tru accumulated 24,458 shares or 0.1% of the stock. Rench Wealth Management holds 61,535 shares. Cambridge Inv Research Advisors holds 0.03% or 36,139 shares. Advsrs Mgmt Ltd holds 0.98% or 203,394 shares in its portfolio. Roberts Glore & Inc Il has 3,455 shares for 0.15% of their portfolio. 12,141 were reported by Dearborn Limited Liability Co. Welch Forbes Ltd holds 1.07% or 612,214 shares. Commonwealth Of Pennsylvania School Empls Retrmt stated it has 0.03% in Paychex, Inc. (NASDAQ:PAYX). Transamerica Fincl Advisors holds 0.07% or 4,698 shares in its portfolio. Pacific Global Invest Mngmt Communications holds 0.15% in Paychex, Inc. (NASDAQ:PAYX) or 9,915 shares. Montrusco Bolton Invests stated it has 11,102 shares.

Analysts await Paychex, Inc. (NASDAQ:PAYX) to report earnings on March, 25. They expect $0.89 earnings per share, up 41.27% or $0.26 from last year’s $0.63 per share. PAYX’s profit will be $319.59M for 21.07 P/E if the $0.89 EPS becomes a reality. After $0.65 actual earnings per share reported by Paychex, Inc. for the previous quarter, Wall Street now forecasts 36.92% EPS growth.

Since August 15, 2018, it had 2 insider purchases, and 4 insider sales for $8.09 million activity. The insider Gibson John B sold $3.47M. 1,000 shares were bought by DOODY JOSEPH, worth $66,500 on Tuesday, October 23. $416,220 worth of stock was sold by Vossler Jennifer R. on Friday, January 18. The insider MUCCI MARTIN sold $3.62 million.

Paychex, Inc. (NASDAQ:PAYX) Institutional Positions Chart