Marathon Partners Equity Management Llc Lowered Its Shutterfly Inc (NASDAQ:SFLY) Position as Price Rose by $20.66 Million

May 17, 2018 - By Elizabeth Bryant

Shutterfly, Inc. (NASDAQ:SFLY) Corporate LogoDuring Q4 2017 the big money sentiment increased to 1.09. That’s change of 0.08, from 2017Q3’s 1.01. 23 investors sold all, 54 reduced holdings as SFLY ratio increased. 54 increased holdings while 30 funds took holdings. Funds hold 33.16 million shares thus 0.61% less from 2017Q3’s 33.36 million shares. Kbc Gp Nv stated it has 106,253 shs. Landscape Capital Mgmt Limited Liability Corp reported 196,739 shs or 0.87% of all its holdings. Susquehanna Int Gru Limited Liability Partnership invested in 138,147 shs or 0% of the stock. State Of Tennessee Treasury Department has 26,875 shs for 0.01% of their capital. Ny State Common Retirement Fund holds 0% of its capital in Shutterfly, Inc. (NASDAQ:SFLY) for 45,916 shs. Meeder Asset Inc has 0% invested in Shutterfly, Inc. (NASDAQ:SFLY) for 389 shs. Washington-based Parametric Portfolio Assoc Ltd has invested 0.01% in Shutterfly, Inc. (NASDAQ:SFLY). First Interstate Commercial Bank has invested 0% in Shutterfly, Inc. (NASDAQ:SFLY). State Street holds 0% or 1.01M shs in its capital. Assetmark has invested 0% of its capital in Shutterfly, Inc. (NASDAQ:SFLY). 330 are held by Citigroup. 216,739 are owned by D E Shaw &. Park West Asset Management Ltd invested 3.66% of its capital in Shutterfly, Inc. (NASDAQ:SFLY). 1.30M were accumulated by Dimensional Fund Advsrs L P. Teacher Retirement Sys Of Texas reported 10,369 shs.

SFLY had 23 selling transactions and 0 insider buys since December 30, 2017. This’s net activity of $31.64 million. LAYNEY TRACY sold 924 shs worth $68,690. On Wednesday, February 21 $123,532 worth of stock was sold by Sebring Jason. 4,187 shs were sold by Anderson Michele, worth $318,086. On Thursday, March 15 BORIS JOHN sold $529,942 worth of Shutterfly, Inc. (NASDAQ:SFLY). BLACKWOOD-KAPRAL LISA sold $37,346 worth of Shutterfly, Inc. (NASDAQ:SFLY) on Saturday, December 30. On Wednesday, February 14 Shares for $437,485 were sold by POPE MICHAEL W.

Mario Cibelli’s stake in Shutterfly Inc (NASDAQ:SFLY) is decreased by 60% based on its latest 2018Q1 regulatory filing with the SEC. 255,000 shares were sold by Marathon Partners Equity Management Llc as the company’s stock rose 74.27% while stock markets declined. The miscellaneous company at the end of 2018Q1 was valued at $13.81M. It’s down from 425,000 at the end of the previous reported quarter. Now it had 170,000 shares held by the hedge fund run by Mario Cibelli. For a total of shares it increased its holding in by shares in the quarter, and has risen its stake in .

Marathon Partners (Cibelli Capital Management) is found in New York City and is overseen by Mario Cibelli. Mario Cibelli’s trust has a little value portfolio that has its eyes on the administrations and shopper merchandise divisions. Marathon Partners Equity Management Llc is a New York-based hedge fund that was founded by Mario Cibelli. It had more than $276.74 million assets under management in November, 2014. Taken from Marathon Partners Equity Management latest Adv, the fund reported to have 6 full and part-time employees. Among which 6 performing investment advisory and research functions. The hedge fund had between 1-10 clients.

Shutterfly, Inc. (NASDAQ:SFLY) Ratings Coverage

A total of 2 analysts rate Shutterfly (NASDAQ:SFLY) as follows: 1 “Buy”, 1 “Hold” and 0 “Sell”. Тherefore 50% are bullish. The firm has $10000 highest and $46.0 lowest target. The avg target $73 is -22.33% below the last ($93.99) price. (NASDAQ:SFLY) has 5 ratings reports on May 17, 2018 according to StockzIntelligence. On Friday, January 12 the rating was maintained by SunTrust with “Buy”. On Wednesday, January 17 the stock of Shutterfly, Inc. (NASDAQ:SFLY) earned “Sell” rating by Goldman Sachs. On Wednesday, May 2 Goldman Sachs upgraded Shutterfly, Inc. (NASDAQ:SFLY) to “Neutral” rating. On Tuesday, January 30 SunTrust maintained the shares of SFLY in report with “Buy” rating. On Tuesday, May 8 the stock of Shutterfly, Inc. (NASDAQ:SFLY) earned “Buy” rating by SunTrust.

Shutterfly, Inc. manufactures and retails personalized services and products primarily in the United States and Canada, as well as in the European Community.The firm is valued at $3.12 billion. The firm operates through Consumer and Shutterfly Business Solutions divisions.106.81 is the P/E ratio. It offers a range of personalized photo services and products that enable clients to upload, edit, enhance, organize, find, share, create, print, and preserve their memories.

Shutterfly, Inc. (NASDAQ:SFLY) Institutional Investors 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.