Marathon Partners Equity Management Llc Lowered Position in Shutterfly Inc (NASDAQ:SFLY) by $20.66 Million

May 17, 2018 - By Don Salinas

Shutterfly, Inc. (NASDAQ:SFLY) Corporate LogoBig Money Sentiment increased to 1.09 in 2017 Q4. It has change of 0.08, from 2017Q3’s 1.01. The ratio increased due to SFLY positioning: 23 sold and 54 reduced. 30 funds acquired positions and 54 increased positions. Investors holded 33.36 million in 2017Q3 but now own 33.16 million shares or 0.61% less. Schwab Charles Mngmt Inc owns 244,681 shs. Federated Invsts Incorporated Pa invested in 77,278 shs. First Republic holds 6,246 shs. Rafferty Asset Ltd Company accumulated 6,851 shs. 10,000 were reported by Teachers Retirement System Of The State Of Kentucky. Arrowstreet Cap Partnership holds 0.01% of its capital in Shutterfly, Inc. (NASDAQ:SFLY) for 62,647 shs. Germany-based Deutsche Savings Bank Ag has invested 0.01% in Shutterfly, Inc. (NASDAQ:SFLY). Texas Permanent School Fund has 22,194 shs. Rice Hall James And Associate Lc owns 877,093 shs. Invesco Ltd accumulated 85,939 shs. Cipher Cap L P stated it has 0.36% in Shutterfly, Inc. (NASDAQ:SFLY). Goldman Sachs Grp holds 0% in Shutterfly, Inc. (NASDAQ:SFLY) or 120,479 shs. Assetmark owns 11 shs for 0% of their capital. Css Limited Liability Corp Il holds 1,803 shs or 0% of its capital. Ameriprise Financial holds 167,731 shs.

SFLY had 23 insider sales and 0 buys since December 30, 2017. This’s net activity of $31.64 million. 992 shs were sold by BLACKWOOD-KAPRAL LISA, worth $83,695. The insider Swette Brian sold $1.02M. On Tuesday, February 27 the insider Anderson Michele sold $318,086. Shares for $123,532 were sold by Sebring Jason on Wednesday, February 21. On Wednesday, February 14 5,875 shs were sold by POPE MICHAEL W, worth $437,485. LAYNEY TRACY had sold 4,742 shs worth $354,695.

In 2018Q1 Securities and Exchange filling is reported Mario Cibelli’s stake in Shutterfly Inc (NASDAQ:SFLY) which was reduced by 60%. By selling 255,000 shares Marathon Partners Equity Management Llc made the stock Popped Up with 74.27%. The hedge fund run by Mario Cibelli is holding 170,000 shares, compared to the 425,000 from the previous quarter. And the announced value of the miscellaneous company is $13.81 million for the 2018Q1. 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

Total analysts of 2 have positions in Shutterfly (NASDAQ:SFLY) as follows: 1 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 50%. The firm has $10000 highest while $46.0 is the lowest target price. The average target $73 is -22.33% below the last ($93.99) price. Since January 12, 2018 according to StockzIntelligence Inc Shutterfly has 5 analyst reports. On Friday, January 12 SunTrust maintained Shutterfly, Inc. (NASDAQ:SFLY) with “Buy” rating. On Wednesday, May 2 the stock of Shutterfly, Inc. (NASDAQ:SFLY) earned “Neutral” rating by Goldman Sachs. In Wednesday, January 17 report Goldman Sachs downgraded the stock to “Sell” rating. On Tuesday, January 30 the stock has “Buy” rating by SunTrust. 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

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