November 16, 2016 - By Richard Conner · 0 Comments
Trans World Entertainment Corp (NASDAQ:TWMC) institutional sentiment decreased to 0.3 in 2016 Q2. Its down -0.12, from 0.42 in 2016Q1. The ratio dived, as 3 investment professionals increased and started new equity positions, while 10 cut down and sold equity positions in Trans World Entertainment Corp. The investment professionals in our partner’s database now possess: 6.14 million shares, down from 6.47 million shares in 2016Q1. Also, the number of investment professionals holding Trans World Entertainment Corp in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 8 Increased: 2 New Position: 1.
Trans World Entertainment Corporation is a specialty retailer of entertainment products, including trend, video, music, electronics and related products. The company has a market cap of $109.58 million. The Firm operates a chain of retail entertainment stores and e-commerce sites, www.fye.com and www.secondspin.com. It has a 208.68 P/E ratio. It owns interest in Record Town, Inc., through which its principal activities are conducted.
About 10,768 shares traded hands. Trans World Entertainment Corporation (NASDAQ:TWMC) has declined 8.57% since April 14, 2016 and is downtrending. It has underperformed by 13.26% the S&P500.
According to Zacks Investment Research, “Trans World Entertainment Corp. operates a chain of retail entertainment stores and an e-commerce site in a single industry segment. The company is one of the largest specialty retailers of compact discs, prerecorded audio cassettes, prerecorded videocassettes, digital versatile discs and related accessories in the United States. The company has a number of distinct store concepts to take advantage of real estate opportunities and to satisfy varying consumer demands.”
Nantahala Capital Management Llc holds 0.73% of its portfolio in Trans World Entertainment Corporation for 1.78 million shares. Grt Capital Partners L.L.C. owns 23,245 shares or 0.02% of their US portfolio. Moreover, Bridgeway Capital Management Inc has 0.01% invested in the company for 200,596 shares. The Texas-based Dimensional Fund Advisors Lp has invested 0.01% in the stock. Yakira Capital Management Inc., a Connecticut-based fund reported 10,400 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 7 insider purchases, and 0 insider sales for $53,506 net activity.
Trans World Entertainment Corporation, incorporated on February 7, 1972, is a specialty retailer of entertainment products, including trend, video, music, electronics and related products in the United States. The Firm operates a chain of retail entertainment stores and e-commerce sites, www.fye.com and www.secondspin.com. The Firm owns interest in Record Town, Inc., through which its principal activities are conducted. The Firm operates approximately 300 stores totaling over 1.7 million square feet in the United States, the District of Columbia and the United States Virgin Islands. The Company’s stores offer a range of new and used compact discs (CDs), music video discs (DVDs) and vinyl across music genres, including new releases from various artists, as well as a catalog of music from past periods and artists. The Company’s stores offer a selection of trend products that relate to theatrical releases, music and gaming. The Company’s stores offer a selection of portable electronics and accessories.
More notable recent Trans World Entertainment Corporation (NASDAQ:TWMC) news were published by: Globenewswire.com which released: “Trans World Entertainment Corporation Announces the Purchase of etailz, Inc …” on October 17, 2016, also Globenewswire.com with their article: “Trans World Entertainment Announces Second Quarter Results” published on August 17, 2016, Prnewswire.com published: “Trans World Entertainment Names Scott Hoffman as Chief Merchandising Officer” on June 16, 2015. More interesting news about Trans World Entertainment Corporation (NASDAQ:TWMC) were released by: Valuewalk.com and their article: “Trans World Entertainment Corporation: Sneaky Turnaround Play?” published on January 31, 2014 as well as Bizjournals.com‘s news article titled: “$75 million deal gives retailer FYE a digital marketplace partner” with publication date: October 18, 2016.
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By Richard Conner