Notable Runner: Institutional Investors Sentiment Indicator of Addvantage Technologies Group Inc (NASDAQ:AEY) Increases in Q2 2016

November 18, 2016 - By Marguerite Chambers   ·   0 Comments

Notable Runner: Institutional Investors Sentiment Indicator of Addvantage Technologies Group Inc (NASDAQ:AEY)  Increases in  Q2 2016

Sentiment for Addvantage Technologies Group Inc (NASDAQ:AEY)

Addvantage Technologies Group Inc (NASDAQ:AEY) institutional sentiment increased to 4.5 in Q2 2016. Its up 3.17, from 1.33 in 2016Q1. The ratio has increased, as 4 funds increased or opened new equity positions, while 3 sold and reduced holdings in Addvantage Technologies Group Inc. The funds in our partner’s database now have: 504,545 shares, down from 606,385 shares in 2016Q1. Also, the number of funds holding Addvantage Technologies Group Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 2 Increased: 2 New Position: 2.

ADDvantage Technologies Group, Inc., through its subsidiaries, distributes and services a range of electronics and hardware for the cable television and telecommunications (Telco) industries. The company has a market cap of $17.53 million. The Firm provides equipment repair services to cable operators. It has a 25.38 P/E ratio. The Firm has two divisions: Cable Television (Cable TV) and Telecommunications (Telco).

About 40,477 shares traded hands or 105.73% up from the average. ADDvantage Technologies Group, Inc. (NASDAQ:AEY) has declined 4.37% since April 18, 2016 and is downtrending. It has underperformed by 8.80% the S&P500.

Analysts await ADDvantage Technologies Group, Inc. (NASDAQ:AEY) to report earnings on December, 20.

According to Zacks Investment Research, “Addvantage Technologies Group Inc. sells new, used and refurbished cable TV equipment in addition to repairing equipment for cable companies within the United States and in various international markets. It maintains one of the largest inventories in the industry with new, surplus and refurbished equipment, accessories and construction hardware. Customers include cable television system operators, hotels, motels, hospitals, apartments and a myriad of other companies involved in the distribution of television signals.”

Bank Of America Corp De holds 0% of its portfolio in ADDvantage Technologies Group, Inc. for 9 shares. Blackrock Fund Advisors owns 948 shares or 0% of their US portfolio. Moreover, California Public Employees Retirement System has 0% invested in the company for 18,600 shares. The Massachusetts-based Commonwealth Equity Services Inc has invested 0% in the stock. Creative Planning, a Kansas-based fund reported 4,419 shares.#img1#

AEY Company Profile

ADDvantage Technologies Group, Inc., incorporated on September 20, 1989, through its subsidiaries, distributes and services a range of electronics and hardware for the cable television (Cable TV) and telecommunications (Telco) industries. The Firm has two divisions: Cable Television (Cable TV) and Telecommunications (Telco). The Firm provides equipment repair services to cable operators. The Firm maintains inventories of new and used equipment. The Company’s subsidiaries operate technical service centers that service/repair various brands of Cable TV equipment. The Firm markets and sells its products to franchise and private multiple system operators (MSOs), telecommunication companies, system contractors and other resellers.

More notable recent ADDvantage Technologies Group, Inc. (NASDAQ:AEY) news were published by: Globenewswire.com which released: “ADDvantage Technologies Group, Inc. to Report Financial Results for the Fiscal …” on January 26, 2016, also Equitiesfocus.com with their article: “ADDvantage Technologies Group, Inc. (NASDAQ:AEY) Quarterly EPS From Continuing …” published on November 18, 2016, Streetinsider.com published: “Addvantage Technologies Group (AEY) Acquires Triton Datacom” on October 19, 2016. More interesting news about ADDvantage Technologies Group, Inc. (NASDAQ:AEY) were released by: Seekingalpha.com and their article: “ADDvantage Technologies Group’s (AEY) CEO David Humphrey on Q3 2016 Results …” published on August 09, 2016 as well as Globenewswire.com‘s news article titled: “ADDvantage Technologies Announces Strategic Joint Venture to Provide …” with publication date: March 10, 2016.

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By Marguerite Chambers


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