As Luxoft Hldg (LXFT) Shares Rose, Kerrisdale Advisers Lowered Its Stake by $6.09 Million; Covey Capital Advisors Lowered Position in National Beverage Co (FIZZ) by $1.43 Million

Luxoft Holding, Inc. (NYSE:LXFT) Logo

Kerrisdale Advisers Llc decreased its stake in Luxoft Hldg Inc (LXFT) by 36.63% based on its latest 2018Q4 regulatory filing with the SEC. Kerrisdale Advisers Llc sold 203,034 shares as the company’s stock rose 78.70% with the market. The hedge fund held 351,201 shares of the technology company at the end of 2018Q4, valued at $10.68 million, down from 554,235 at the end of the previous reported quarter. Kerrisdale Advisers Llc who had been investing in Luxoft Hldg Inc for a number of months, seems to be less bullish one the $1.99B market cap company. It closed at $58.76 lastly. It is down 37.14% since April 17, 2018 and is uptrending. It has outperformed by 32.77% the S&P500. Some Historical LXFT News: 24/05/2018 – Luxoft Holding 4Q EPS 34c; 24/05/2018 – Luxoft Holding Closes Below 50-Day Moving Average: Technicals; 19/03/2018 – congatec Powers Luxoft’s Modular Next-Gen Automotive Reference Platform; 23/04/2018 – Luxoft Develops ‘Blockchain Adapter’ for a Business Process Management Tool on Appian’s Platform; 24/05/2018 – LUXOFT HOLDING INC QTRLY REVENUE OF $232.9 MLN, UP 14.1% YEAR-OVER-YEAR AND DOWN 1.6% SEQUENTIALLY; 09/04/2018 – LUXOFT HOLDING, REPORTS UP TO $60M SHARE BUYBACK PROGRAM; 24/05/2018 – LUXOFT HOLDING INC – QTRLY SHR $0.34; 24/05/2018 – LUXOFT HOLDING INC QTRLY NON-GAAP DILUTED EPS OF $0.59; 04/04/2018 – $GLOB premium valuation to $EPAM and $LXFT should dissipate given higher business risk and lower financial transparency. $GLOB 40%-50% downside; 09/04/2018 – Luxoft Holding, Inc Announces Up To $60 Million Share Repurchase Program

Covey Capital Advisors Llc decreased its stake in National Beverage Co (FIZZ) by 80.99% based on its latest 2018Q4 regulatory filing with the SEC. Covey Capital Advisors Llc sold 20,198 shares as the company’s stock declined 22.86% while stock markets rallied. The institutional investor held 4,740 shares of the beverages (production and distribution) company at the end of 2018Q4, valued at $340,000, down from 24,938 at the end of the previous reported quarter. Covey Capital Advisors Llc who had been investing in National Beverage Co for a number of months, seems to be less bullish one the $2.51 billion market cap company. The stock increased 0.92% or $0.49 during the last trading session, reaching $53.86. About 75,260 shares traded. National Beverage Corp. (NASDAQ:FIZZ) has declined 27.06% since April 17, 2018 and is downtrending. It has underperformed by 31.43% the S&P500. Some Historical FIZZ News: 08/03/2018 – CORRECTED-NATIONAL BEVERAGE CORP FIZZ.O QUARTERLY REV ROSE ABOUT 17 PCT TO $227.5 MLN (NOT ‘ROSE 19 PCT TO $731 MLN’); 08/03/2018 – NATIONAL BEVERAGE CORP FIZZ.O – QTRLY SHR $0.88; 08/03/2018 – NATIONAL BEVERAGE 3Q EPS 88C, EST. 68C (2 EST.); 08/03/2018 – Winter Quarter Heightens Momentum Despite lnclement Weather Reports National Beverage Corp; 24/05/2018 – National Beverage Short-Interest Ratio Rises 29% to 15 Days; 08/03/2018 – RPT-NATIONAL BEVERAGE CORP FIZZ.O – QTRLY SHR $0.88; 20/04/2018 – DJ National Beverage Corp, Inst Holders, 1Q 2018 (FIZZ); 08/03/2018 – NATIONAL BEVERAGE CORP FIZZ.O QUARTERLY REVENUE ROSE 19 PCT TO $731 MLN; 08/03/2018 National Beverage 3Q EPS 88c; 08/03/2018 – RPT-WINTER QUARTER HEIGHTENS MOMENTUM DESPITE INCLEMENT WEATHER REPORTS NATIONAL BEVERAGE CORP

More notable recent Luxoft Holding, Inc. (NYSE:LXFT) news were published by: Seekingalpha.com which released: “Can Luxoft Holding Fight The Headwinds? – Seeking Alpha” on June 14, 2018, also Fool.com with their article: “Why Advanced Micro Devices, Luxoft Holding, and QEP Resources Jumped Today – Motley Fool” published on January 07, 2019, Seekingalpha.com published: “Luxoft Shares Oversold, Provide Good Return Potential – Seeking Alpha” on November 30, 2018. More interesting news about Luxoft Holding, Inc. (NYSE:LXFT) were released by: Globenewswire.com and their article: “Luxoft Reports Results for Second Quarter Fiscal 2019 – GlobeNewswire” published on November 15, 2018 as well as Fool.com‘s news article titled: “Why Luxoft Holding Stock Skyrocketed 80% Today – Motley Fool” with publication date: January 07, 2019.

Analysts await Luxoft Holding, Inc. (NYSE:LXFT) to report earnings on May, 23. They expect $0.47 earnings per share, up 2.17% or $0.01 from last year’s $0.46 per share. LXFT’s profit will be $15.93 million for 31.26 P/E if the $0.47 EPS becomes a reality. After $0.49 actual earnings per share reported by Luxoft Holding, Inc. for the previous quarter, Wall Street now forecasts -4.08% negative EPS growth.

Kerrisdale Advisers Llc, which manages about $371.12M and $161.37M US Long portfolio, upped its stake in Sea Ltd by 1.37M shares to 1.47M shares, valued at $16.60 million in 2018Q4, according to the filing. It also increased its holding in Check Point Software Tech Lt (NASDAQ:CHKP) by 6,000 shares in the quarter, for a total of 46,120 shares, and has risen its stake in Intelsat S A (NYSE:I).

More notable recent National Beverage Corp. (NASDAQ:FIZZ) news were published by: Nasdaq.com which released: “Consumer Sector Update for 03/08/2019: TME,COST,FIZZ – Nasdaq” on March 08, 2019, also Seekingalpha.com with their article: “Do Not Fear National Beverage’s Q1 Issues – Seeking Alpha” published on September 09, 2018, Nasdaq.com published: “U.S. STOCKS ON THE MOVE-Dow, Intel, Snap, Viacom, Aurora Cannabis – Nasdaq” on April 05, 2019. More interesting news about National Beverage Corp. (NASDAQ:FIZZ) were released by: Seekingalpha.com and their article: “National Beverage: Ignore The Noise – Seeking Alpha” published on July 23, 2018 as well as Investorplace.com‘s news article titled: “Coca-Cola Stock Still Is Too Expensive – Investorplace.com” with publication date: March 21, 2019.

Investors sentiment increased to 1.14 in Q4 2018. Its up 0.10, from 1.04 in 2018Q3. It increased, as 21 investors sold FIZZ shares while 51 reduced holdings. 38 funds opened positions while 44 raised stakes. 10.58 million shares or 0.50% less from 10.64 million shares in 2018Q3 were reported. Gotham Asset Mgmt Limited Liability Company accumulated 33,039 shares. The Ohio-based Huntington Commercial Bank has invested 0% in National Beverage Corp. (NASDAQ:FIZZ). National Bank & Trust Of America De reported 0% stake. Kayne Anderson Rudnick Inv Lc reported 0.41% of its portfolio in National Beverage Corp. (NASDAQ:FIZZ). Rhumbline Advisers stated it has 0% of its portfolio in National Beverage Corp. (NASDAQ:FIZZ). Peapack Gladstone Finance Corporation invested 0.22% of its portfolio in National Beverage Corp. (NASDAQ:FIZZ). Bessemer Group holds 15,500 shares. Numerixs Inv Techs reported 367 shares. Lpl Lc stated it has 0% in National Beverage Corp. (NASDAQ:FIZZ). Meritage Portfolio Mgmt reported 57,264 shares stake. State Street Corp reported 230,529 shares or 0% of all its holdings. Moreover, Raymond James Financial Services Advsrs Incorporated has 0% invested in National Beverage Corp. (NASDAQ:FIZZ). Royal Comml Bank Of Canada owns 0% invested in National Beverage Corp. (NASDAQ:FIZZ) for 14,076 shares. 13,920 were accumulated by Bridges Mgmt. Cim Lc holds 5,504 shares or 0.17% of its portfolio.

Covey Capital Advisors Llc, which manages about $395.73M and $62.07M US Long portfolio, upped its stake in Charter Communications Inc (NASDAQ:CHTR) by 1,746 shares to 12,368 shares, valued at $3.52M in 2018Q4, according to the filing. It also increased its holding in Siteone Landscape Supply Inc by 5,780 shares in the quarter, for a total of 12,140 shares, and has risen its stake in Carvana Co.

National Beverage Corp. (NASDAQ:FIZZ) Institutional Positions Chart