As Straight Path Communicatns I (STRP) Market Value Rose, National Asset Management INC Upped Its Position

December 7, 2017 - By Clifton Ray

Investors sentiment increased to 1.9 in Q2 2017. Its up 0.47, from 1.43 in 2017Q1. It increased, as 11 investors sold STRP shares while 29 reduced holdings. 58 funds opened positions while 18 raised stakes. 5.93 million shares or 35.21% more from 4.39 million shares in 2017Q1 were reported. Gabelli Funds Ltd Llc has 36,465 shares for 0.04% of their portfolio. Price T Rowe Assoc Md holds 0% or 9,294 shares in its portfolio. 573,234 are held by Tig Advsrs Ltd Llc. 14,250 are owned by Gamco Investors Et Al. 33 were reported by First Manhattan. Commonwealth Of Pennsylvania Pub School Empls Retrmt accumulated 20,000 shares. Havens Advsrs has 3.85% invested in Straight Path Communications Inc. (NYSEAMERICAN:STRP) for 29,999 shares. Hap Trading Ltd Liability owns 0.85% invested in Straight Path Communications Inc. (NYSEAMERICAN:STRP) for 88,568 shares. Parametric Assocs Ltd Limited Liability Company invested 0% in Straight Path Communications Inc. (NYSEAMERICAN:STRP). Fincl Bank Of America De has 0% invested in Straight Path Communications Inc. (NYSEAMERICAN:STRP). Archer Management Lp, New York-based fund reported 115,164 shares. Natl Asset Mngmt invested 1.63% in Straight Path Communications Inc. (NYSEAMERICAN:STRP). Dimensional Fund Advisors Lp has 83,043 shares. Omers Administration has invested 0.06% of its portfolio in Straight Path Communications Inc. (NYSEAMERICAN:STRP). Northern Trust accumulated 112,632 shares or 0.01% of the stock.

Since June 13, 2017, it had 0 insider purchases, and 5 sales for $13.98 million activity. JONAS HOWARD S sold $3.27M worth of stock or 18,217 shares. $1.69 million worth of Straight Path Communications Inc. (NYSEAMERICAN:STRP) was sold by JONAS DAVIDI. $4.32 million worth of stock was sold by TODD K CHRIS on Tuesday, June 13. PI ZHOUYUE also sold $3.80 million worth of Straight Path Communications Inc. (NYSEAMERICAN:STRP) shares.

National Asset Management Inc increased its stake in Straight Path Communicatns I (STRP) by 96.08% based on its latest 2017Q2 regulatory filing with the SEC. National Asset Management Inc bought 24,500 shares as the company’s stock rose 414.53% with the market. The institutional investor held 50,000 shares of the telecommunications equipment company at the end of 2017Q2, valued at $8.98M, up from 25,500 at the end of the previous reported quarter. National Asset Management Inc who had been investing in Straight Path Communicatns I for a number of months, seems to be bullish on the $2.31 billion market cap company. The stock decreased 0.11% or $0.2 during the last trading session, reaching $181.39. About 62,869 shares traded. Straight Path Communications Inc. (NYSEMKT:STRP) has risen 435.39% since December 7, 2016 and is uptrending. It has outperformed by 418.69% the S&P500.

More notable recent Straight Path Communications Inc. (NYSEAMERICAN:STRP) news were published by: Seekingalpha.com which released: “A Potential Bidding War For Straight Path Communications” on January 17, 2017, also Fool.com with their article: “Why Straight Path Communications Inc. Stock Skyrocketed Today” published on January 12, 2017, Fool.com published: “Why Straight Path Communications Inc. Stock Jumped Over 22%Today” on May 03, 2017. More interesting news about Straight Path Communications Inc. (NYSEAMERICAN:STRP) were released by: Reuters.com and their article: “Verizon beats AT&T to buy spectrum holder Straight Path” published on May 11, 2017 as well as Barrons.com‘s news article titled: “Straight Path: Why Is Everyone So Obsessed? Asks Moffett-Nathanson” with publication date: May 08, 2017.

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.