Short Interest Worth Mentioning: How Analysts Feel About STAMPS.COM Incorporated (NASDAQ:STMP) After Decrease in Sellers?

November 16, 2016 - By kentuckypostne   ·   0 Comments

Short Interest Worth Mentioning: How Analysts Feel About STAMPS.COM Incorporated (NASDAQ:STMP) After Decrease in Sellers?

The stock of STAMPS.COM Incorporated (NASDAQ:STMP) registered a decrease of 1.23% in short interest. STMP’s total short interest was 3.90 million shares in November as published by FINRA. Its down 1.23% from 3.95 million shares, reported previously. With 553,600 shares average volume, it will take short sellers 7 days to cover their STMP’s short positions. The short interest to STAMPS.COM Incorporated’s float is 26.23%. About 290,115 shares traded hands. Stamps.com Inc. (NASDAQ:STMP) has risen 17.01% since April 14, 2016 and is uptrending. It has outperformed by 12.32% the S&P500.

Stamps.com Inc. is a provider of Internet mailing and shipping solutions. The company has a market cap of $1.95 billion. The Firm operates through the Internet Mailing and Shipping Services segment. It has a 43.24 P/E ratio. Under the Stamps.com and Endicia branded solutions, the Company’s clients use its service to mail and ship a range of mail pieces, including postcards, envelopes, flats and packages, using a range of United States Postal Service mail classes, including First Class Mail, Priority Mail, Priority Mail Express, Media Mail, and Parcel Select, and among others.

Insitutional Activity: The institutional sentiment decreased to 1.34 in Q2 2016. Its down 0.02, from 1.36 in 2016Q1. The ratio turned negative, as 46 funds sold all Stamps.com Inc. shares owned while 54 reduced positions. 47 funds bought stakes while 87 increased positions. They now own 17.00 million shares or 5.63% more from 16.09 million shares in 2016Q1.
Parametric Associates Limited Liability reported 21,414 shares or 0% of all its holdings. Ubs Oconnor Ltd reported 33,907 shares or 0% of all its holdings. Stephens Invest Mngmt Grp Limited Co owns 137,685 shares or 0.4% of their US portfolio. Royal Natl Bank Of Canada accumulated 14,196 shares or 0% of the stock. Cornerstone holds 2.8% of its portfolio in Stamps.com Inc. (NASDAQ:STMP) for 146,785 shares. Pnc Services Gru last reported 284 shares in the company. Shannon River Fund Mngmt Ltd Liability Com reported 290,500 shares or 6.35% of all its holdings. Hancock Hldgs owns 9,000 shares or 0.03% of their US portfolio. Harvest Cap Strategies Llc has 3.07% invested in the company for 250,000 shares. Moreover, Commerzbank Aktiengesellschaft Fi has 0% invested in Stamps.com Inc. (NASDAQ:STMP) for 2,384 shares. S&Co last reported 0.04% of its portfolio in the stock. Tci Wealth Advisors accumulated 18 shares or 0% of the stock. Jane Street Ltd Liability Com holds 0% of its portfolio in Stamps.com Inc. (NASDAQ:STMP) for 3,419 shares. The California-based Schwab Charles Management Inc has invested 0.01% in Stamps.com Inc. (NASDAQ:STMP). Balyasny Asset Management Ltd Co last reported 0% of its portfolio in the stock.

Insider Transactions: Since May 24, 2016, the stock had 0 insider buys, and 5 selling transactions for $2.23 million net activity. BORTNAK JAMES also sold $472,692 worth of Stamps.com Inc. (NASDAQ:STMP) shares.

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

Out of 6 analysts covering Stamps.com (NASDAQ:STMP), 4 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 67% are positive. Stamps.com has been the topic of 12 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The firm has “Neutral” rating by B Riley given on Friday, August 7. On Thursday, July 14 the stock rating was initiated by Prescience Point with “Sell”. The company was maintained on Friday, November 6 by Northland Capital. B. Riley & Co upgraded Stamps.com Inc. (NASDAQ:STMP) on Friday, November 6 to “Buy” rating. The stock of Stamps.com Inc. (NASDAQ:STMP) has “Neutral” rating given on Monday, November 9 by Sidoti. The company was maintained on Monday, November 9 by Singular Research. On Tuesday, January 12 the stock rating was upgraded by Sidoti to “Buy”. On Monday, October 19 the stock rating was initiated by Singular Research with “Buy”.

STMP Company Profile

Stamps.com Inc., incorporated on January 9, 1998, is a well-known provider of Internet mailing and shipping solutions. The Firm operates through the Internet Mailing and Shipping Services segment. Under the Stamps.com and Endicia branded solutions, the Company’s clients use its service to mail and ship a range of mail pieces, including postcards, envelopes, flats and packages, using a range of United States Postal Service (USPS) mail classes, including First Class Mail, Priority Mail, Priority Mail Express, Media Mail, and Parcel Select, and among others. The Company’s clients include individuals, small businesses, home offices, medium-size businesses and large enterprises, and within these categories, the Company targets both mailers and shippers. In addition, the Company offers multi-carrier shipping solutions under the brand names ShipStation and ShipWorks. The Company’s services and products include Mailing and Shipping Business and Customized Postage.

More notable recent Stamps.com Inc. (NASDAQ:STMP) news were published by: Fool.com which released: “Acquisitions Drive Stamps.com Inc. Earnings Sharply Higher” on November 08, 2016, also Fool.com with their article: “Why Stamps.com Inc. Stock Fell 15%” published on April 28, 2016, Fool.com published: “Stamps.com Inc. Revenue Surges 74%” on August 09, 2016. More interesting news about Stamps.com Inc. (NASDAQ:STMP) were released by: Fool.com and their article: “Stamps.com Inc. Sales Soar 86%” published on May 14, 2016 as well as Fool.com‘s news article titled: “Why Stamps.com Inc. Shares Soared” with publication date: February 26, 2016.

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