November 22, 2016 - By Adrian Mccoy · 0 Comments
Professional Diversity Network Inc (NASDAQ:IPDN) institutional sentiment decreased to 0 in 2016 Q2. Its down -0.43, from 0.43 in 2016Q1. The ratio dived, as 3 hedge funds opened new or increased positions, while 7 reduced and sold stock positions in Professional Diversity Network Inc. The hedge funds in our partner’s database reported: 1.79 million shares, down from 1.82 million shares in 2016Q1. Also, the number of hedge funds holding Professional Diversity Network Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 4 Increased: 1 New Position: 2.
Professional Diversity Network, Inc
The stock increased 5.19% or $0.39 on November 21, hitting $7.9. Professional Diversity Network Inc (NASDAQ:IPDN) has risen 96.75% since April 20, 2016 and is uptrending. It has outperformed by 92.19% the S&P500.
According to Zacks Investment Research, “Professional Diversity Network LLC develops and operates online networks serving diverse professionals in the United States. The Company is focused on Hispanic-American and African-American professionals and has launched additional Websites to other diverse segments. It offers job postings, resume database access, research services, career advice, advertisement opportunity and newsletter marketing. Professional Diversity Network LLC is based in Chicago, Illinois.”
North Star Investment Management Corp. holds 0.12% of its portfolio in Professional Diversity Network Inc for 1.59 million shares. Bard Associates Inc owns 46,775 shares or 0.01% of their US portfolio. Moreover, Bank Of America Corp De has 0% invested in the company for 3 shares. The California-based California Public Employees Retirement System has invested 0% in the stock. Citadel Advisors Llc, a Illinois-based fund reported 12,342 shares.#img1#
Professional Diversity Network, Inc., incorporated on January 31, 2012, is an operator of professional networks with a focus on diversity. The Firm serves various communities, including Women, Hispanic-Americans, African-Americans, Asian-Americans, Disabled, Military Professionals, and Lesbian, Gay, Bisexual and Transgender (LGBT). The Company’s divisions include Professional Diversity Network (PDN Network), which includes online professional networking communities with career resources for the needs of various diverse cultural groups; National Association of Professional Women (NAPW Network), a women-only professional networking organization, and Noble Voice activities (Noble Voice), a career consultation and lead generation service.
More notable recent Professional Diversity Network Inc (NASDAQ:IPDN) news were published by: Marketwatch.com which released: “Professional Diversity Network Inc.” on March 07, 2013, also Globenewswire.com with their article: “Professional Diversity Network, Inc. Announces Working Capital Line and …” published on July 06, 2016, Globenewswire.com published: “Professional Diversity Network Announces Third Quarter 2016 Financial Results” on November 15, 2016. More interesting news about Professional Diversity Network Inc (NASDAQ:IPDN) were released by: Globenewswire.com and their article: “Professional Diversity Network, Inc. Announces New Federal Partnership” published on July 13, 2016 as well as Globenewswire.com‘s news article titled: “Professional Diversity Network, Inc. Announces Resignation of Matthew Proman” with publication date: July 22, 2015.
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By Adrian Mccoy