Private Wealth Partners Has Increased Its Illinois Tool Wks (ITW) Holding; Scansource (SCSC) Sellers Increased By 75.49% Their Shorts

August 12, 2018 - By Jason Dias

ScanSource, Inc. (NASDAQ:SCSC) Logo

Private Wealth Partners Llc increased Illinois Tool Wks Inc (ITW) stake by 2641.36% reported in 2018Q1 SEC filing. Private Wealth Partners Llc acquired 40,677 shares as Illinois Tool Wks Inc (ITW)’s stock declined 10.89%. The Private Wealth Partners Llc holds 42,217 shares with $6.61M value, up from 1,540 last quarter. Illinois Tool Wks Inc now has $45.77 billion valuation. The stock decreased 1.47% or $2.04 during the last trading session, reaching $136.47. About 1.45 million shares traded. Illinois Tool Works Inc. (NYSE:ITW) has risen 4.93% since August 12, 2017 and is uptrending. It has underperformed by 7.64% the S&P500. Some Historical ITW News: 02/04/2018 – ITW Food Equipment Group Earns 2018 ENERGY STAR® Partner of the Year — Sustained Excellence Award; 26/04/2018 – ILLINOIS TOOL SEES 2Q EPS $7.60 TO $7.80, EST. $1.97; 02/04/2018 – ITW Food Equipment Group Earns 2018 ENERGY STAR® Partner of the Year – Sustained Excellence Award; 25/04/2018 – US Construction Adhesive & Sealants Market to 2023 – Henkel Dominates, Followed by Arkema (Bostik), ITW, Mapei, and HB Fuller – ResearchAndMarkets.com; 26/04/2018 – Illinois Tool Works Sees 2018 Effective Tax Rate of About 25%; 07/05/2018 – ITW Announces Upcoming Investor Conferences; 26/04/2018 – ILLINOIS TOOL 1Q EPS $1.90, EST. $1.85; 25/05/2018 – FRANCE’S MACRON COMMENTS IN ITW ON BFM TV; 26/04/2018 – Illinois Tool Works 1Q EPS $1.90; 05/03/2018 Illinois Tool Trading Activity Rises to Triple 20 Day Average

Scansource Inc (NASDAQ:SCSC) had an increase of 75.49% in short interest. SCSC’s SI was 506,300 shares in August as released by FINRA. Its up 75.49% from 288,500 shares previously. With 164,000 avg volume, 3 days are for Scansource Inc (NASDAQ:SCSC)’s short sellers to cover SCSC’s short positions. The SI to Scansource Inc’s float is 2%. The stock decreased 0.24% or $0.1 during the last trading session, reaching $40.95. About 20,484 shares traded. ScanSource, Inc. (NASDAQ:SCSC) has risen 0.78% since August 12, 2017 and is uptrending. It has underperformed by 11.79% the S&P500. Some Historical SCSC News: 16/04/2018 – Transition Networks Expands Technology Channel with ScanSource Partnership; 15/03/2018 – MITEL: SCANSOURCE BECOMES PRIMARY U.S. DISTRIBUTOR; 08/05/2018 – ScanSource 3Q EPS 42c; 06/04/2018 – ScanSource Closes Below 50-Day Moving Average: Technicals; 11/04/2018 – Salient Systems Partners with ScanSource Networking and Security to Offer Industry Leading Video Management Solutions; 08/05/2018 – ScanSource Sees 4Q EPS 48c-EPS 54c; 15/05/2018 – Five ScanSource Leaders Recognized as 2018 CRN Women of the Channel; 08/05/2018 – SCANSOURCE 3Q ADJ EPS 68C, EST. 70C; 19/03/2018 – Intelisys And ScanSource: UcaaS Sales Are ‘Off The Charts’; 08/05/2018 – ScanSource 3Q Adj EPS 68c

Since June 4, 2018, it had 0 insider buys, and 1 sale for $199,640 activity. $199,640 worth of stock was sold by BAUR MICHAEL L on Monday, June 4.

ScanSource, Inc. distributes technology products and solutions in North America, Latin America, and Europe. The company has market cap of $1.05 billion. The companyÂ’s Worldwide Barcode, Networking & Security segment focuses on automatic identification and data capture , point-of-sale (POS), networking, electronic physical security, 3D printing, and other specialty technologies. It has a 25.12 P/E ratio. The Company’s AIDC and POS products are used to automate the collection, processing, and communication of information for commercial and industrial applications, such as retail sales, distribution, shipping, inventory control, materials handling, warehouse management, and health care applications; electronic physical security products, including identification, access control, video surveillance, intrusion-related, wireless, and networking infrastructure products; and 3D printing solutions to replace and complement traditional methods, as well as reduce the time and cost of designing new products.

Another recent and important ScanSource, Inc. (NASDAQ:SCSC) news was published by Businesswire.com which published an article titled: “ScanSource to Announce Fourth Quarter and Fiscal Year 2018 Results on August 28, 2018” on August 07, 2018.

Investors sentiment increased to 1.06 in Q1 2018. Its up 0.05, from 1.01 in 2017Q4. It improved, as 18 investors sold ScanSource, Inc. shares while 48 reduced holdings. 20 funds opened positions while 50 raised stakes. 24.17 million shares or 1.72% more from 23.77 million shares in 2017Q4 were reported. 2,089 were reported by Ameritas Investment Prtnrs. Manufacturers Life Insurance The reported 18,862 shares. Thrivent For Lutherans holds 0.01% or 53,140 shares in its portfolio. Guggenheim Capital Lc holds 65,938 shares or 0.01% of its portfolio. Cornerstone Advisors Inc holds 26 shares or 0% of its portfolio. Canal Insur has invested 0.82% in ScanSource, Inc. (NASDAQ:SCSC). 32,997 were reported by Great West Life Assurance Com Can. Voya Investment Limited Liability accumulated 21,774 shares. Los Angeles Capital Mgmt Equity holds 0% or 22,502 shares. Paradigm Capital New York holds 171,800 shares. 15,929 are owned by Art Ltd. Hotchkis Wiley Cap Management Ltd Co accumulated 36,060 shares or 0.01% of the stock. Panagora Asset Mgmt Inc has invested 0.01% in ScanSource, Inc. (NASDAQ:SCSC). Amg Natl National Bank & Trust accumulated 17,509 shares or 0.04% of the stock. Tiaa Cref Invest Ltd Liability Corp holds 174,903 shares.

Investors sentiment decreased to 0.69 in Q1 2018. Its down 0.21, from 0.9 in 2017Q4. It dived, as 53 investors sold ITW shares while 419 reduced holdings. 87 funds opened positions while 239 raised stakes. 229.17 million shares or 0.03% more from 229.09 million shares in 2017Q4 were reported. Lodestar Investment Counsel Limited Liability Il has invested 2.66% in Illinois Tool Works Inc. (NYSE:ITW). Alliancebernstein Lp holds 535,209 shares. Tdam Usa holds 0.47% or 49,022 shares in its portfolio. Exxonmobil Tx reported 0.21% in Illinois Tool Works Inc. (NYSE:ITW). Wade G W & holds 0.1% in Illinois Tool Works Inc. (NYSE:ITW) or 5,534 shares. Parametric Port reported 1.37 million shares. First City Management holds 13,555 shares. Ent Financial Corporation has invested 0.41% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW). Barrett Asset Mngmt Limited Liability Corp reported 4,500 shares. Firsthand Cap Mngmt owns 10,000 shares for 0.88% of their portfolio. Renaissance Group Ltd invested in 208,846 shares. British Columbia Invest stated it has 0.24% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW). Blb&B Advisors Limited Liability Company reported 0.03% stake. Oregon Public Employees Retirement Fund has 0.27% invested in Illinois Tool Works Inc. (NYSE:ITW) for 113,631 shares. Paragon Capital Management Ltd has 2,218 shares for 0.15% of their portfolio.

Illinois Tool Works Inc. (NYSE:ITW) Institutional Positions Chart

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