Remark Holdings, Inc. (MARK) Reaches $5.53 After 3.00% Down Move; Shapiro Capital Management Has Decreased Its Generac Holdings (GNRC) Holding

June 14, 2018 - By Clifton Ray

Remark Holdings, Inc. (NASDAQ:MARK) Logo

The stock of Remark Holdings, Inc. (NASDAQ:MARK) is a huge mover today! The stock decreased 6.90% or $0.41 during the last trading session, reaching $5.53. About 343,926 shares traded. Remark Holdings, Inc. (NASDAQ:MARK) has risen 63.07% since June 14, 2017 and is uptrending. It has outperformed by 50.50% the S&P500. Some Historical MARK News: ; 14/05/2018 – Remark Holdings 1Q Loss/Shr 43c; 17/04/2018 – Remark Closes Above 200-Day Moving Average: Technicals; 14/05/2018 – REMARK HOLDINGS INC – REAFFIRMED 2018 GUIDANCE REGARDING CERTAIN REVENUE AND ADJUSTED EBITDA EXPECTATIONS; 25/05/2018 – Remark Presenting at Conference May 30; 29/03/2018 REMARK HOLDINGS INC MARK.O SEES FY 2018 REVENUE $120 MLN; 01/05/2018 – Remark Holdings Amends Financing Agreement; 25/05/2018 – Remark Holdings Sets May and June 2018 Financial Conference Schedule; 29/03/2018 – Remark Holdings 4Q Loss $89.2M; 29/03/2018 – Remark Holdings Had Cash and Cash Equivalents Balance of $22.6M at Dec. 31; 21/04/2018 – DJ Remark Holdings Inc, Inst Holders, 1Q 2018 (MARK)The move comes after 8 months negative chart setup for the $182.24 million company. It was reported on Jun, 14 by Barchart.com. We have $5.36 PT which if reached, will make NASDAQ:MARK worth $5.47 million less.

Shapiro Capital Management Llc decreased Generac Holdings Inc. (GNRC) stake by 4.61% reported in 2018Q1 SEC filing. Shapiro Capital Management Llc sold 31,600 shares as Generac Holdings Inc. (GNRC)’s stock rose 6.15%. The Shapiro Capital Management Llc holds 654,040 shares with $30.03 billion value, down from 685,640 last quarter. Generac Holdings Inc. now has $3.18 billion valuation. The stock increased 0.18% or $0.09 during the last trading session, reaching $51.37. About 110,100 shares traded. Generac Holdings Inc. (NYSE:GNRC) has risen 41.12% since June 14, 2017 and is uptrending. It has outperformed by 28.55% the S&P500. Some Historical GNRC News: ; 02/05/2018 – Generac Sees 2018 Core Sales Growth to Be Between 5% and 6%; 22/04/2018 – DJ Generac Holdings Inc, Inst Holders, 1Q 2018 (GNRC); 04/05/2018 – For Hurricane Preparedness Week, Generac Reminds All to Prepare Early; 21/03/2018 – Generac at Non-Deal Roadshow Hosted By SunTrust Today; 14/03/2018 – Generac Non-Deal Roadshow Scheduled By SunTrust for Mar. 21; 14/05/2018 – Edgepoint Adds Middleby, Exits Microsemi, Cuts Generac: 13F; 02/05/2018 – Generac 1Q Adj EPS 74c; 02/05/2018 – GENERAC 1Q ADJ EPS 74C, EST. 62C; 08/05/2018 – New CO-SENSE Carbon Monoxide Sensing and Shutdown Technology Improves Safety of Portable Generators; 02/05/2018 – Generac 1Q EPS 42c

Analysts await Remark Holdings, Inc. (NASDAQ:MARK) to report earnings on August, 9. They expect $-0.35 EPS, down 84.21% or $0.16 from last year’s $-0.19 per share. After $-0.43 actual EPS reported by Remark Holdings, Inc. for the previous quarter, Wall Street now forecasts -18.60% EPS growth.

More important recent Remark Holdings, Inc. (NASDAQ:MARK) news were published by: Seekingalpha.com which released: “Remark Holdings’ Improbable AI Claims” on June 11, 2018, also Prnewswire.com published article titled: “Remark Holdings to Participate in the ROTH London Conference on June 20, 2018”, Prnewswire.com published: “Remark Holdings Set to Join the Russell 3000 Index” on June 13, 2018. More interesting news about Remark Holdings, Inc. (NASDAQ:MARK) was released by: Benzinga.com and their article: “45 Biggest Movers From Yesterday” with publication date: June 06, 2018.

Remark Holdings, Inc. owns, operates, and acquires digital media properties across multiple verticals that deliver content worldwide. The company has market cap of $182.24 million. The firm leverages its digital media assets to target the Millennial demographic, which provides it with access to markets. It currently has negative earnings. It operates KanKan, a social media application and data intelligence platform, which aggregates content and consumer-shopping data across social media platforms; Vegas.com that offers users the ability to book lodging, air travel, show tickets, and tours; and Roomlia, a mobile hotel-booking application.

Shapiro Capital Management Llc increased Discovery Communications Ser C (NASDAQ:DISCK) stake by 12,077 shares to 295,927 valued at $5.78B in 2018Q1. It also upped Hanesbrands Inc. (NYSE:HBI) stake by 2.02 million shares and now owns 6.78M shares. Lions Gate Entertainment Corp. Cl B was raised too.

Since January 2, 2018, it had 0 insider buys, and 6 insider sales for $5.63 million activity. 20,000 shares valued at $980,511 were sold by Jagdfeld Aaron on Tuesday, January 2.

Investors sentiment decreased to 0.77 in Q1 2018. Its down 0.34, from 1.11 in 2017Q4. It fall, as 21 investors sold GNRC shares while 94 reduced holdings. 31 funds opened positions while 57 raised stakes. 59.49 million shares or 1.98% less from 60.69 million shares in 2017Q4 were reported. Switzerland-based Credit Suisse Ag has invested 0% in Generac Holdings Inc. (NYSE:GNRC). Putnam Investments Ltd Liability reported 0% stake. Tiaa Cref Investment Mngmt Limited Liability Company owns 262,863 shares or 0.01% of their US portfolio. Bnp Paribas Arbitrage Sa holds 0% or 22,308 shares in its portfolio. Massmutual Tru Fsb Adv owns 113 shares or 0% of their US portfolio. Principal Finance Grp reported 9,714 shares. Citigroup stated it has 0% in Generac Holdings Inc. (NYSE:GNRC). Moreover, Advisory Net Ltd Liability Corporation has 0% invested in Generac Holdings Inc. (NYSE:GNRC) for 1,011 shares. Bluemountain Cap Management Ltd Liability Corporation has invested 0.03% in Generac Holdings Inc. (NYSE:GNRC). Old Mutual Global (Uk) owns 57,804 shares or 0.02% of their US portfolio. Winch Advisory Ser Lc owns 124 shares or 0% of their US portfolio. Glenmede Na holds 700 shares. Tower Rech Cap Limited Liability Company (Trc) reported 0.01% of its portfolio in Generac Holdings Inc. (NYSE:GNRC). Federated Pa reported 78,297 shares. Zeke Limited Liability Company stated it has 0.04% in Generac Holdings Inc. (NYSE:GNRC).

Analysts await Generac Holdings Inc. (NYSE:GNRC) to report earnings on August, 1. They expect $0.91 earnings per share, up 31.88% or $0.22 from last year’s $0.69 per share. GNRC’s profit will be $56.39 million for 14.11 P/E if the $0.91 EPS becomes a reality. After $0.74 actual earnings per share reported by Generac Holdings Inc. for the previous quarter, Wall Street now forecasts 22.97% EPS growth.

Generac Holdings Inc. (NYSE:GNRC) Institutional Positions Chart

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