Could Monotype Imaging Holdings Inc (NASDAQ:TYPE) Skyrocket? The Stock Had Too Little Sellers

March 14, 2018 - By reb123z

 Could Monotype Imaging Holdings Inc (NASDAQ:TYPE) Skyrocket? The Stock Had Too Little Sellers

Investors sentiment decreased to 0.87 in Q3 2017. Its down 0.66, from 1.53 in 2017Q2. It fall, as 16 investors sold Monotype Imaging Holdings Inc. shares while 44 reduced holdings. 17 funds opened positions while 35 raised stakes. 38.02 million shares or 1.27% more from 37.54 million shares in 2017Q2 were reported.
Lapides Asset Mgmt Ltd Liability holds 0.58% or 145,900 shares in its portfolio. Cwm Ltd Liability Co holds 0.13% or 137,798 shares. 109,839 were reported by Goldman Sachs Group Inc. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% in Monotype Imaging Holdings Inc. (NASDAQ:TYPE). Trigran Invests owns 9.91% invested in Monotype Imaging Holdings Inc. (NASDAQ:TYPE) for 2.28 million shares. 20 are held by Patten Group. Advisory Serv Ntwk Limited Liability Corp owns 184 shares for 0% of their portfolio. Germany-based Deutsche Retail Bank Ag has invested 0% in Monotype Imaging Holdings Inc. (NASDAQ:TYPE). 216,643 were reported by Ameriprise Fincl. Principal Financial Gp has invested 0.01% of its portfolio in Monotype Imaging Holdings Inc. (NASDAQ:TYPE). Voya Inv Management Limited Company reported 21,703 shares. 24,117 are owned by First Republic Management Incorporated. Mason Street Ltd Liability Com reported 10,566 shares. Great West Life Assurance Can accumulated 57,584 shares. 2,500 are owned by Quantbot Techs Lp.

Since January 11, 2018, it had 0 insider buys, and 2 insider sales for $79,675 activity.

The stock of Monotype Imaging Holdings Inc (NASDAQ:TYPE) registered a decrease of 15.09% in short interest. TYPE’s total short interest was 684,800 shares in March as published by FINRA. Its down 15.09% from 806,500 shares, reported previously. With 161,700 shares average volume, it will take short sellers 4 days to cover their TYPE’s short positions. The short interest to Monotype Imaging Holdings Inc’s float is 2.29%.

The stock decreased 0.92% or $0.225 during the last trading session, reaching $24.225. About 98,360 shares traded. Monotype Imaging Holdings Inc. (NASDAQ:TYPE) has declined 15.71% since March 14, 2017 and is downtrending. It has underperformed by 32.41% the S&P500.

Monotype Imaging Holdings Inc. develops, markets, and licenses technologies and fonts in the United States, the United Kingdom, Germany, Japan, and rest of Asia. The company has market cap of $965.21 million. The firm offers font products, including its own fonts from the Monotype Libraries, as well as fonts from third parties through its e-commerce Websites, including,,, and It has a 90.39 P/E ratio. It also provides font scaling engine and font compression technologies that are compatible with virtually font formats and industry standards, including the PostScript and PCL printing languages; font solutions for consumer device manufacturers, including Edge and SmartHint technologies for precise pixel adjustments to enable fonts to display with optimal quality in suboptimal display environments; printer driver kits; and fonts for printer manufacturers.

Monotype Imaging Holdings Inc. (NASDAQ:TYPE) Ratings Coverage

Among 7 analysts covering Monotype Imaging Holdings (NASDAQ:TYPE), 4 have Buy rating, 2 Sell and 1 Hold. Therefore 57% are positive. Monotype Imaging Holdings had 8 analyst reports since September 8, 2015 according to SRatingsIntel. The company was upgraded on Thursday, January 12 by JP Morgan. The firm earned “Buy” rating on Tuesday, February 20 by FBR Capital. As per Tuesday, September 8, the company rating was downgraded by Zacks. The stock of Monotype Imaging Holdings Inc. (NASDAQ:TYPE) has “Sell” rating given on Tuesday, December 12 by J.P. Morgan. The firm earned “Buy” rating on Wednesday, May 25 by Ladenburg Thalmann. The stock has “Buy” rating by Dougherty & Company on Friday, February 12. B. Riley & Co upgraded the stock to “Buy” rating in Tuesday, February 20 report.

Another recent and important Monotype Imaging Holdings Inc. (NASDAQ:TYPE) news was published by which published an article titled: “Starboard Blames Monotype Buying Spree for Lost Value” on February 13, 2018.

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