Canandaigua National Bank & Trust Company Cut Emerson Elec Co (EMR) Stake By $462,264; Rumbleon – Class B (RMBL) Shorts Up By 9.14%

August 12, 2018 - By Matthew Richard

Emerson Electric Co. (NYSE:EMR) Logo

Canandaigua National Bank & Trust Company decreased Emerson Elec Co (EMR) stake by 26.17% reported in 2018Q1 SEC filing. Canandaigua National Bank & Trust Company sold 6,798 shares as Emerson Elec Co (EMR)’s stock declined 1.41%. The Canandaigua National Bank & Trust Company holds 19,179 shares with $1.31M value, down from 25,977 last quarter. Emerson Elec Co now has $46.54 billion valuation. The stock decreased 0.26% or $0.19 during the last trading session, reaching $73.86. About 3.10M shares traded or 16.82% up from the average. Emerson Electric Co. (NYSE:EMR) has risen 22.35% since August 12, 2017 and is uptrending. It has outperformed by 9.78% the S&P500. Some Historical EMR News: 18/04/2018 – Emerson Electric: Textron Unit Brands Include Greenlee, Klauke; 18/04/2018 – Emerson Electric to Buy Textron’s Tools, Test Equipment Unit for $810M; 27/03/2018 – REPSOL SELECTS EMERSON FOR MULTI-YEAR EXPLORATION TECHNOLOGY; 23/05/2018 – EMERSON ELECTRIC TRAILING THREE-MONTH ORDERS UP 5% TO 10%; 27/04/2018 – Global Terminal Automation Market 2018-2023 – Major Players Profiled Include ABB, Emerson Electric, Honeywell International and Schneider Electric – ResearchAndMarkets.com; 18/05/2018 – Emerson Electric’s (EMR) CEO David Farr on Acquisition of Aventics from Triton Conference Call (Transcript); 01/05/2018 – Emerson Electric Raises Full-Year Guidance; 18/04/2018 – Emerson to Acquire Tools and Test Equipment Business from Textron to Create Leading Portfolio for the Pro; 22/03/2018 – Variety: `Person of Interest’ Star Michael Emerson Seeks Sale of Spanish Villa; 18/04/2018 – EMERSON ELECTRIC CO – EXPECTS ACQUISITION TO BE ACCRETIVE TO EARNINGS IN FISCAL 2019 AND IMMEDIATELY ACCRETIVE TO CASH FLOW

Rumbleon Inc – Class B (NASDAQ:RMBL) had an increase of 9.14% in short interest. RMBL’s SI was 279,300 shares in August as released by FINRA. Its up 9.14% from 255,900 shares previously. With 30,600 avg volume, 9 days are for Rumbleon Inc – Class B (NASDAQ:RMBL)’s short sellers to cover RMBL’s short positions. The SI to Rumbleon Inc – Class B’s float is 6.36%. The stock increased 1.03% or $0.06 during the last trading session, reaching $5.89. About 103,154 shares traded or 23.97% up from the average. RumbleON, Inc. (NASDAQ:RMBL) has 0.00% since August 12, 2017 and is . It has underperformed by 12.57% the S&P500. Some Historical RMBL News: 06/04/2018 RUMBLEON INC RMBL.O : MAXIM GROUP STARTS WITH BUY; TARGET PRICE $7

RumbleON, Inc., a development stage company, provides an e-commerce platform that facilitates clients and dealers to buy, sell, trade, and finance pre-owned recreation vehicles. The company has market cap of $90.77 million. It primarily focuses on pre-owned Harley Davidson motorcycles. It currently has negative earnings. The firm was formerly known as Smart Server, Inc. and changed its name to RumbleON, Inc. in February 2017.

More notable recent RumbleON, Inc. (NASDAQ:RMBL) news were published by: Seekingalpha.com which released: “RumbleON, Inc. (RMBL) CEO Marshall Chesrown on Q2 2018 Results – Earnings Call Transcript” on July 29, 2018, also Seekingalpha.com with their article: “RumbleON, Inc. 2018 Q2 – Results – Earnings Call Slides” published on July 28, 2018, Businesswire.com published: “RumbleOn, Inc. To Report Second Quarter 2018 Financial Results and Host Quarterly Conference Call on July 26, 2018” on July 24, 2018. More interesting news about RumbleON, Inc. (NASDAQ:RMBL) were released by: Streetinsider.com and their article: “RumbleOn Inc. (RMBL) Prices 2.025M Class B Shares Common Offering at $6.05/Sh” published on July 18, 2018 as well as Businesswire.com‘s news article titled: “RumbleOn Expands Horizons with New Director of Specialty Vehicles” with publication date: August 01, 2018.

Investors sentiment decreased to 0.71 in 2018 Q1. Its down 0.24, from 0.95 in 2017Q4. It worsened, as 41 investors sold EMR shares while 512 reduced holdings. 122 funds opened positions while 268 raised stakes. 427.58 million shares or 0.50% less from 429.74 million shares in 2017Q4 were reported. 26,085 are owned by Stratos Wealth Prtnrs Ltd. Atria Invests Limited Liability accumulated 0.26% or 77,729 shares. Westpac reported 45,807 shares stake. Marshall Wace Limited Liability Partnership reported 0.09% in Emerson Electric Co. (NYSE:EMR). Highstreet Asset Management holds 365,811 shares or 1.63% of its portfolio. Mcdaniel Terry holds 273,582 shares. Usca Ria Limited Liability Co has invested 0.64% of its portfolio in Emerson Electric Co. (NYSE:EMR). Weiss Multi invested in 0.03% or 15,000 shares. Piedmont Inv Advsr Ltd accumulated 97,239 shares or 0.18% of the stock. Marble Harbor Investment Counsel Ltd Com has 44,779 shares. Notis reported 0.85% of its portfolio in Emerson Electric Co. (NYSE:EMR). Todd Asset Mgmt Limited Company invested in 26,337 shares or 0.05% of the stock. 1St Source Bancshares reported 0.07% in Emerson Electric Co. (NYSE:EMR). Blb&B Advisors Limited Liability owns 71,690 shares for 0.65% of their portfolio. Hudock Capital Gru Limited Liability Corporation reported 2,634 shares.

Canandaigua National Bank & Trust Company increased Income I stake by 36,819 shares to 54,657 valued at $662,000 in 2018Q1. It also upped Nestle Adr (NSRGY) stake by 29,794 shares and now owns 38,845 shares. Medtronic Plc (NYSE:MDT) was raised too.

Emerson Electric Co. (NYSE:EMR) Institutional Positions Chart

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