Today’s Stock On Watch: Barnes & Noble Incorporated (NYSE:BKS) Sellers Increased By 1.71% Their Shorts

November 25, 2016 - By Hazel Jackson   ·   0 Comments

Today's Stock On Watch: Barnes & Noble Incorporated (NYSE:BKS) Sellers Increased By 1.71% Their Shorts

The stock of Barnes & Noble Incorporated (NYSE:BKS) registered an increase of 1.71% in short interest. BKS’s total short interest was 4.97M shares in November as published by FINRA. Its up 1.71% from 4.89M shares, reported previously. With 452,400 shares average volume, it will take short sellers 11 days to cover their BKS’s short positions. The short interest to Barnes & Noble Incorporated’s float is 10.75%. The stock closed at $12.95 during the last session. It is down 4.10% since April 22, 2016 and is uptrending. It has underperformed by 1.31% the S&P500.

Barnes & Noble, Inc. is a bookseller. The company has a market cap of $963.56 million. The Firm is a content and commerce company, which provides access to trade books and other content across its multi-channel distribution platform. It has a 93.83 P/E ratio. It operates in two divisions: Barnes & Noble Retail and NOOK.

Insitutional Activity: The institutional sentiment decreased to 1.04 in 2016 Q2. Its down 0.21, from 1.25 in 2016Q1. The ratio fall, as 24 funds sold all Barnes & Noble, Inc. shares owned while 40 reduced positions. 18 funds bought stakes while 62 increased positions. They now own 54.04 million shares or 0.47% less from 54.30 million shares in 2016Q1.
Kbc Grp Nv has 28,239 shares for 0% of their US portfolio. Blackrock Advsr Limited Com, a Delaware-based fund reported 29,411 shares. Vanguard Grp holds 0% of its portfolio in Barnes & Noble, Inc. (NYSE:BKS) for 4.56M shares. Tfs Cap Ltd has 129,088 shares for 0.27% of their US portfolio. Princeton Alpha Mgmt Lp accumulated 0.06% or 30,538 shares. D E Shaw And Company holds 0% or 77,510 shares in its portfolio. Teachers Retirement Of The State Of Kentucky last reported 21,400 shares in the company. Moreover, Security National Tru has 0% invested in Barnes & Noble, Inc. (NYSE:BKS) for 400 shares. Rhumbline Advisers holds 0% of its portfolio in Barnes & Noble, Inc. (NYSE:BKS) for 89,084 shares. Nordea Ab holds 0.01% or 217,700 shares in its portfolio. Great West Life Assurance Company Can last reported 3,864 shares in the company. Texas Permanent School Fund has invested 0.01% of its portfolio in Barnes & Noble, Inc. (NYSE:BKS). Intl Group reported 46,584 shares or 0% of all its holdings. Hanson Doremus Invest Mgmt last reported 0.25% of its portfolio in the stock. Suntrust Banks Incorporated accumulated 10,297 shares or 0% of the stock.

Insider Transactions: Since September 9, 2016, the stock had 0 insider purchases, and 2 selling transactions for $305,194 net activity. The insider DEASON DAVID S sold $103,774. Argir Frederic sold $201,420 worth of stock or 17,377 shares.

Barnes & Noble, Inc. (NYSE:BKS) Ratings Coverage

Out of 4 analysts covering Barnes & Noble Inc. (NYSE:BKS), 1 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 25% are positive. Barnes & Noble Inc. has been the topic of 7 analyst reports since July 27, 2015 according to StockzIntelligence Inc. Cantor Fitzgerald initiated Barnes & Noble, Inc. (NYSE:BKS) rating on Wednesday, October 7. Cantor Fitzgerald has “Buy” rating and $19 price target. On Wednesday, August 17 the stock rating was downgraded by Gabelli to “Hold”. The stock of Barnes & Noble, Inc. (NYSE:BKS) earned “Hold” rating by Stifel Nicolaus on Friday, September 4. The stock of Barnes & Noble, Inc. (NYSE:BKS) has “Buy” rating given on Monday, July 27 by Craig Hallum. Gabelli initiated Barnes & Noble, Inc. (NYSE:BKS) rating on Monday, October 12. Gabelli has “Buy” rating and $24 price target. The firm has “Neutral” rating given on Thursday, August 18 by Sidoti.

BKS Company Profile

Barnes & Noble, Inc., incorporated on November 19, 1986, is a bookseller. The Firm is a content and commerce company, which provides access to trade books and other content across its multi-channel distribution platform. It operates in two divisions: Barnes & Noble Retail (B&N Retail) and NOOK. The Firm is engaged in the sale of trade books (generally hardcover and paperback consumer titles), mass market paperbacks (such as mystery, romance, science fiction and other fiction), children’s books, eBooks and other digital content, textbooks and course-related materials, NOOK and related accessories, bargain books, magazines, gifts, cafe services and products, educational toys and games, music and movies direct to clients through its bookstores or on www.barnesandnoble.com. The Firm also offers a textbook rental option to its clients through barnesandnoble.com. The Firm offers its clients a suite of textbook options-new, used, digital and rental. As of April 30, 2016, the Company operates 640 bookstores in 50 states, maintains an e-commerce site, develops digital reading products and operates digital bookstores.

More important recent Barnes & Noble, Inc. (NYSE:BKS) news were published by: Fool.com which released: “Why Barnes & Noble, Inc. Stock Popped Today” on November 22, 2016, also Prnewswire.com published article titled: “XYZprinting and Barnes & Noble Team up to Teach Makers How to Turn 2D Ideas …”, Businesswire.com published: “Barnes & Noble Introduces New NOOK Tablet® 7”: The Most Affordable NOOK® Ever …” on November 16, 2016. More interesting news about Barnes & Noble, Inc. (NYSE:BKS) was released by: Streetinsider.com and their article: “Form 4 BARNES & NOBLE INC For: Nov 21 Filed by: PARNEROS DEMOS” with publication date: November 22, 2016.

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By Hazel Jackson


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