Scharf Investments Has Trimmed By $13.96 Million Its Advance Auto Parts (AAP) Position; Vonage Holdings Corp. (VG) Had 3 Analysts Last Week

August 12, 2018 - By Robert Shackelford

Vonage Holdings Corp. (NYSE:VG) Logo

Scharf Investments Llc decreased Advance Auto Parts Inc (AAP) stake by 7.75% reported in 2018Q1 SEC filing. Scharf Investments Llc sold 118,327 shares as Advance Auto Parts Inc (AAP)’s stock rose 8.76%. The Scharf Investments Llc holds 1.41 million shares with $167.05 million value, down from 1.53M last quarter. Advance Auto Parts Inc now has $10.83B valuation. The stock decreased 0.97% or $1.44 during the last trading session, reaching $146.35. About 1.01M shares traded or 5.39% up from the average. Advance Auto Parts, Inc. (NYSE:AAP) has declined 5.35% since August 12, 2017 and is downtrending. It has underperformed by 17.92% the S&P500. Some Historical AAP News: 02/04/2018 – Advance Auto Parts Announces CFO Transition; 22/05/2018 – Advance Auto Parts 1Q Net $136.7M; 02/04/2018 – ADVANCE AUTO PARTS INC – JEFF SHEPHERD WILL SERVE AS INTERIM CFO; 02/04/2018 – Advance Auto Parts CFO Tom Okray to Leave; 02/04/2018 – ADVANCE AUTO PARTS: CFO TRANSITION; 18/04/2018 – ADVANCE AUTO PARTS CEO GRECO 2017 TOTAL COMPENSATION $6.13M; 02/04/2018 – ADVANCE AUTO PARTS INC – COMPANY REAFFIRMS FULL-YEAR GUIDANCE; 29/03/2018 – AAP IMPLANTATE AG AAQG.DE – AIMS TO START HUMAN CLINICAL STUDY IN COURSE OF CURRENT FINANCIAL YEAR; 02/04/2018 – ADVANCE AUTO PARTS REPORTS CFO TRANSITION; 23/05/2018 – Advance Auto Parts Grapples With Higher Fuel Costs

Among 3 analysts covering Vonage Holdings (NYSE:VG), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Vonage Holdings had 3 analyst reports since February 22, 2018 according to SRatingsIntel. On Thursday, February 22 the stock rating was maintained by Northland Capital with “Buy”. Robert W. Baird maintained the shares of VG in report on Thursday, February 22 with “Outperform” rating. The firm has “Buy” rating given on Thursday, February 22 by William Blair. See Vonage Holdings Corp. (NYSE:VG) latest ratings:

22/02/2018 Broker: Northland Capital Rating: Buy New Target: $11.5 Maintain
22/02/2018 Broker: William Blair Rating: Buy Maintain
22/02/2018 Broker: Robert W. Baird Old Rating: Outperform New Rating: Outperform Old Target: $11 New Target: $12 Maintain

Since February 23, 2018, it had 1 buying transaction, and 2 sales for $757,901 activity. Shares for $1.00M were bought by Greco Thomas. The insider Brouillard John C. sold 1,745 shares worth $202,560. On Friday, March 2 the insider Finley Tammy M sold $39,792.

Investors sentiment decreased to 1.1 in 2018 Q1. Its down 0.03, from 1.13 in 2017Q4. It is negative, as 39 investors sold AAP shares while 119 reduced holdings. 59 funds opened positions while 115 raised stakes. 76.12 million shares or 4.10% more from 73.12 million shares in 2017Q4 were reported. Prudential accumulated 82,909 shares or 0.01% of the stock. Allen Mngmt Ltd Liability reported 519,867 shares. First Quadrant Limited Partnership Ca has 11,633 shares for 0.03% of their portfolio. Bankshares Of Nova Scotia, a Ontario – Canada-based fund reported 9,396 shares. 4,682 were reported by Asset Mgmt. New England And Mgmt Inc holds 5,200 shares or 0.41% of its portfolio. Aviva Public Ltd Com owns 36,236 shares. Balyasny Asset Limited Com invested 0.42% in Advance Auto Parts, Inc. (NYSE:AAP). Artisan Prtn LP holds 0.89% in Advance Auto Parts, Inc. (NYSE:AAP) or 3.69 million shares. Nomura Hldg owns 10,496 shares or 0% of their US portfolio. Nomura Asset Mgmt accumulated 10,959 shares. Atlantic Gru Lc holds 174 shares. Starboard Value LP invested in 3.18 million shares or 8.26% of the stock. Geode Management Limited Com holds 0.03% of its portfolio in Advance Auto Parts, Inc. (NYSE:AAP) for 814,919 shares. Aqr Capital Management Ltd Liability Corp stated it has 17,566 shares or 0% of all its holdings.

Among 12 analysts covering Advance Auto Parts (NYSE:AAP), 7 have Buy rating, 1 Sell and 4 Hold. Therefore 58% are positive. Advance Auto Parts had 18 analyst reports since February 22, 2018 according to SRatingsIntel. Wedbush maintained the stock with “Buy” rating in Thursday, February 22 report. The stock of Advance Auto Parts, Inc. (NYSE:AAP) has “Overweight” rating given on Wednesday, May 23 by JP Morgan. The stock of Advance Auto Parts, Inc. (NYSE:AAP) has “Equal-Weight” rating given on Thursday, February 22 by Stephens. The firm has “Hold” rating given on Thursday, March 1 by Credit Suisse. Credit Suisse downgraded the stock to “Hold” rating in Wednesday, May 16 report. The firm earned “Equal-Weight” rating on Thursday, February 22 by Barclays Capital. The stock has “Buy” rating by Atlantic Securities on Tuesday, May 8. On Thursday, February 22 the stock rating was maintained by Robert W. Baird with “Neutral”. JP Morgan maintained it with “Overweight” rating and $158 target in Friday, June 15 report. Wells Fargo maintained the stock with “Market Perform” rating in Tuesday, June 12 report.

Analysts await Advance Auto Parts, Inc. (NYSE:AAP) to report earnings on August, 14 before the open. They expect $1.84 earnings per share, up 16.46% or $0.26 from last year’s $1.58 per share. AAP’s profit will be $136.21M for 19.88 P/E if the $1.84 EPS becomes a reality. After $2.10 actual earnings per share reported by Advance Auto Parts, Inc. for the previous quarter, Wall Street now forecasts -12.38% negative EPS growth.

More recent Advance Auto Parts, Inc. (NYSE:AAP) news were published by: 247Wallst.com which released: “Walmart, Nvidia, Cisco and More Major Earnings Coming This Week” on August 12, 2018. Also Nasdaq.com published the news titled: “Is Advance Auto Parts (AAP) Outperforming Other Retail-Wholesale Stocks This Year?” on July 24, 2018. Forbes.com‘s news article titled: “Let Advance Auto, AutoZone And O’Reilly Pick Up The Repair Bills” with publication date: July 15, 2018 was also an interesting one.

Since February 26, 2018, it had 0 insider buys, and 14 sales for $32.10 million activity. Another trade for 2,192 shares valued at $26,304 was made by KAHN VALERIE on Tuesday, June 12. 38,000 Vonage Holdings Corp. (NYSE:VG) shares with value of $411,996 were sold by WYATT KENNETH. 2,400 Vonage Holdings Corp. (NYSE:VG) shares with value of $27,346 were sold by PATEL JAYESH. MASAREK ALAN also sold $2.62 million worth of Vonage Holdings Corp. (NYSE:VG) shares. Citron Jeffrey A also sold $5.62M worth of Vonage Holdings Corp. (NYSE:VG) shares. On Monday, March 19 LALA VINOD sold $311,529 worth of Vonage Holdings Corp. (NYSE:VG) or 29,388 shares. GILVAR EDWARD M. had sold 11,322 shares worth $121,406 on Thursday, March 15.

The stock decreased 0.29% or $0.04 during the last trading session, reaching $13.66. About 1.14M shares traded. Vonage Holdings Corp. (NYSE:VG) has risen 58.76% since August 12, 2017 and is uptrending. It has outperformed by 46.19% the S&P500. Some Historical VG News: 23/04/2018 – Bob Crissman, Vonage Channel Chief, honored with 2018 Circle of Excellence Award; 01/05/2018 – Vonage Launches Chatbot Integration for Workplace by Facebook; 08/03/2018 – Vonage to Present on the Future of Business Cloud Communications at Enterprise Connect 2018; 08/05/2018 – VONAGE HOLDINGS CORP – QTRLY DILUTED SHR $0.10; 08/05/2018 – VONAGE 1Q ADJ EPS 13C, EST. 7.0C; 16/04/2018 – Vonage Holdings Corp. Announces 2018 Annual Stockholders’ Meeting; 20/03/2018 – Vonage Launches New Comprehensive Channel Program to Accelerate Adoption of Business Cloud Communications in the Mid-Market and; 19/04/2018 – Vonage Launches New Integration Suite, Introduces SugarCRM Integration; 16/04/2018 – MyEyeDr Selects Vonage as its Business Communications Partner; 08/05/2018 – Vonage’s First Quarter Highlighted by Innovation on Vonage Business Cloud Platform and Strong Business Cloud Growth

Investors sentiment decreased to 1.3 in Q1 2018. Its down 0.10, from 1.4 in 2017Q4. It dropped, as 23 investors sold Vonage Holdings Corp. shares while 74 reduced holdings. 52 funds opened positions while 74 raised stakes. 187.98 million shares or 0.94% more from 186.23 million shares in 2017Q4 were reported. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 13,815 shares. Goldman Sachs has 2.42 million shares. Robeco Institutional Asset Bv invested 0% of its portfolio in Vonage Holdings Corp. (NYSE:VG). Systematic Financial Limited Partnership reported 132,705 shares. Smith Asset Mgmt Grp Inc L P has 0.07% invested in Vonage Holdings Corp. (NYSE:VG) for 186,530 shares. Great West Life Assurance Company Can stated it has 0.01% in Vonage Holdings Corp. (NYSE:VG). 74,511 are held by Citadel Advsrs Ltd Limited Liability Company. 3,609 are owned by Grp One Trading L P. Hillsdale Invest Incorporated reported 0.18% stake. Laurion Cap L P accumulated 106,346 shares. Guggenheim Ltd Limited Liability Company accumulated 0% or 117,356 shares. 7,902 were reported by Employees Retirement System Of Ohio. State Common Retirement Fund holds 222,200 shares or 0% of its portfolio. Loomis Sayles Lp stated it has 0.01% in Vonage Holdings Corp. (NYSE:VG). Peak6 Lp invested in 9,274 shares or 0% of the stock.

Vonage Holdings Corp. (NYSE:VG) Institutional Positions Chart

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