Traders Buy General Electric Company (GE) on Weakness on Insider Selling


The fund owned 243,575 shares of the conglomerate's stock after selling 34,500 shares during the period.

Institutional owners hold 56.10% stake while Insiders ownership held at 0.10% in the company.

General Electric (NYSE:GE) last posted its quarterly earnings results on Friday, July 21st. It has underperformed by 4.60% the S&P500. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. New York State Teachers Retirement System downsized its investment by shedding 520,504 shares a decrease of 3.4% in the quarter. The Horizon Investments Llc holds 49,545 shares with $1.57M value, up from 28,520 last quarter. Volume in the last session has decreased compared with GNTX's average trading volume. About shares traded. Dollar General Corp. AMC Entertainment Holdings Inc (AMC) has declined 9.74% since August 11, 2016 and is downtrending. It has underperformed by 6.15% the S&P500.

Among 27 analysts covering Dollar General Corp. Baidu had 42 analyst reports since July 28, 2015 according to SRatingsIntel. On June 29 the stock rating was upgraded from "Sell" to "Sell" in a statement from Standpoint Research. The firm has "Peer Perform" rating by Wolfe Research given on Tuesday, November 10. On Monday, July 17 the stock rating was maintained by Cowen & Co with "Hold". In general, if the reading goes above -20, the stock may be considered to be overbought. As per Tuesday, August 4, the company rating was maintained by Panmure Gordon. The rating was maintained by UBS with "Buy" on Friday, October 23.

Once the concept of beta is understood, an investor can intuitively determine whether or not a particular stock has a high or low beta. Its down 0.07, from 0.89 in 2016Q3. It worsened, as 68 investors sold GE shares while 818 reduced holdings. 84 funds opened positions while 154 raised stakes. Giving some intention to the performance of firm, its weekly performance was 0.74% and month's performance was calculated as -2.54%. (NYSE:AME) is performing 30.78%. Shares have risen 17.30% over the trailing 6 months. L S Advisors Incorporated reported 131,513 shares stake. Schwab Charles Investment Management Inc. now owns 673,540 shares of the utilities provider's stock valued at $29,919,000 after buying an additional 46,244 shares during the period. Ruggie Capital Grp Inc has 81 shares. (NYSE:DG). 10 were reported by Sun Life. Starr Inc stated it has 50,000 shares. 62,085 are owned by Boyar Asset Inc. (NYSE:DG) for 7,704 shares. Finally, Williams Capital cut shares of Portland General Electric from a "hold" rating to a "sell" rating and dropped their price objective for the stock from $44.00 to $41.00 in a research note on Monday, July 24th. Therefore 67% are positive. As per Monday, July 24, the company rating was maintained by RBC Capital Markets. S&P Research has "Buy" rating and $54 target.

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Let's have a look at some of the important valuation ratios of the General Electric Company (GE). Bank of America has "Neutral" rating and $31 target. Stifel Nicolaus reissued a "buy" rating on shares of General Electric in a research note on Wednesday, June 14th. JP Morgan initiated the shares of GE in report on Thursday, May 12 with "Underweight" rating. The stock has "Positive" rating by RBC Capital Markets on Thursday, March 23. The Company's services and products range from aircraft engines, power generation, and gas and oil production equipment to medical imaging, financing and industrial products. It has a 48.21 P/E ratio.

Since January 1, 0001, it had 0 insider purchases, and 3 insider sales for $883,265 activity. The total cost of this purchase was $2.7 million.

Horizon Investments Llc increased General Electric Co Com (GE) stake by 73.72% reported in 2016Q4 SEC filing. JD Sports Fashion PLC (LON:JD) has 0.00% since August 11, 2016 and is.

Stock market capitalization can allow investors to understand the relative size of one company versus another, ignoring specifics about capital structure that cause the share price of one firm to be higher than another firm. Ltd. now owns 15,458,705 shares of the conglomerate's stock valued at $488,626,000 after buying an additional 13,828,422 shares during the period. Cliftonlarsonallen Wealth Ltd Co holds 0.29% or 81,397 shares in its portfolio. First Tru Advsrs Lp holds 0.01% or 120,333 shares. (NYSE:NLY) plummeted -0.65% to $12.27. Independent Invsts reported 131,469 shares stake. Windsor Group Lc reported 26,179 shares. Nichols Asset Mgmt Ltd Liability Company holds 25,530 shares or 1.58% of its portfolio. General Electric presently has a consensus rating of "Hold" and an average price target of $30.08. General Electric traded down ($0.41) for the day and closed at $25.30Specifically, insider Alexander Dimitrief purchased 1,845 shares of the firm's stock in a transaction dated Monday, July 24th.