Thomson Horstmann & Bryant INC Has Trimmed Its Allied Motion Tech (AMOT) Position as Stock Rose

September 30, 2018 - By Megan Stone

Allied Motion Technologies Inc. (NASDAQ:AMOT) LogoInvestors sentiment decreased to 1.32 in 2018 Q2. Its down 0.38, from 1.7 in 2018Q1. It is negative, as 6 investors sold AMOT shares while 31 reduced holdings. 21 funds opened positions while 28 raised stakes. 4.09 million shares or 6.99% less from 4.40 million shares in 2018Q1 were reported. Tudor Invest Et Al owns 7,481 shares. New York-based Millennium Ltd Limited Liability Company has invested 0% in Allied Motion Technologies Inc. (NASDAQ:AMOT). Macquarie Grp holds 0% or 6,791 shares in its portfolio. Bankshares Of Montreal Can reported 0% in Allied Motion Technologies Inc. (NASDAQ:AMOT). 27,454 are owned by California Pub Employees Retirement. State Teachers Retirement System holds 600 shares. Investment Mngmt Of Virginia Ltd Llc reported 56,677 shares or 0.6% of all its holdings. D E Shaw has 0% invested in Allied Motion Technologies Inc. (NASDAQ:AMOT). Quantum Cap Management owns 37,560 shares for 0.69% of their portfolio. Bnp Paribas Arbitrage Sa stated it has 0% in Allied Motion Technologies Inc. (NASDAQ:AMOT). Eam Investors Ltd Limited Liability Company stated it has 42,813 shares. Strs Ohio invested 0% in Allied Motion Technologies Inc. (NASDAQ:AMOT). Pdts Prtn Ltd reported 8,699 shares stake. State Street Corp holds 0% in Allied Motion Technologies Inc. (NASDAQ:AMOT) or 103,601 shares. Piedmont Invest Advsrs Lc, North Carolina-based fund reported 121 shares.

Thomson Horstmann & Bryant Inc decreased its stake in Allied Motion Tech (AMOT) by 19.89% based on its latest 2018Q2 regulatory filing with the SEC. Thomson Horstmann & Bryant Inc sold 76,246 shares as the company’s stock rose 1.65% with the market. The institutional investor held 307,167 shares of the capital goods company at the end of 2018Q2, valued at $14.71 million, down from 383,413 at the end of the previous reported quarter. Thomson Horstmann & Bryant Inc who had been investing in Allied Motion Tech for a number of months, seems to be less bullish one the $515.73 million market cap company. The stock increased 3.36% or $1.77 during the last trading session, reaching $54.43. About 79,834 shares traded or 53.63% up from the average. Allied Motion Technologies Inc. (NASDAQ:AMOT) has risen 94.48% since September 30, 2017 and is uptrending. It has outperformed by 78.86% the S&P500.

Thomson Horstmann & Bryant Inc, which manages about $1.82 billion and $819.62M US Long portfolio, upped its stake in Par Technology Corp (NYSE:PAR) by 457,426 shares to 622,616 shares, valued at $11.01M in 2018Q2, according to the filing.

Analysts await Allied Motion Technologies Inc. (NASDAQ:AMOT) to report earnings on November, 7. They expect $0.36 EPS, up 9.09 % or $0.03 from last year’s $0.33 per share. AMOT’s profit will be $3.41M for 37.80 P/E if the $0.36 EPS becomes a reality. After $0.45 actual EPS reported by Allied Motion Technologies Inc. for the previous quarter, Wall Street now forecasts -20.00 % negative EPS growth.

Allied Motion Technologies Inc. (NASDAQ:AMOT) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: