It Seems Gulf Island Fabrication, Inc. (GIFI) Will Go Up. Have Another Big Increase

April 23, 2018 - By Adrian Mccoy

Gulf Island Fabrication, Inc. (NASDAQ:GIFI) Logo

Investors sentiment increased to 1.06 in Q4 2017. Its up 0.03, from 1.03 in 2017Q3. It improved, as 9 investors sold Gulf Island Fabrication, Inc. shares while 26 reduced holdings. 13 funds opened positions while 24 raised stakes. 9.66 million shares or 7.03% more from 9.02 million shares in 2017Q3 were reported.
Kokino Lc invested in 16.19% or 841,576 shares. Principal Financial Grp invested in 0% or 101,447 shares. Bancorp Of America De holds 0% of its portfolio in Gulf Island Fabrication, Inc. (NASDAQ:GIFI) for 15,339 shares. Manufacturers Life Insur The holds 12,543 shares. Public Sector Pension Board holds 0% or 10,112 shares in its portfolio. Schwab Charles Mngmt Inc has 60,183 shares for 0% of their portfolio. Ameriprise Financial holds 0% in Gulf Island Fabrication, Inc. (NASDAQ:GIFI) or 70,241 shares. Bridgeway Cap Mngmt reported 156,803 shares or 0.02% of all its holdings. 261,573 were accumulated by State Street. Acadian Asset Ltd Liability holds 0% of its portfolio in Gulf Island Fabrication, Inc. (NASDAQ:GIFI) for 33,234 shares. Foundry Prtnrs Ltd Liability Corporation accumulated 0.17% or 308,180 shares. California Employees Retirement System has 0% invested in Gulf Island Fabrication, Inc. (NASDAQ:GIFI). Invesco Ltd reported 0% stake. Comerica National Bank holds 0% of its portfolio in Gulf Island Fabrication, Inc. (NASDAQ:GIFI) for 13,890 shares. Blackrock Inc holds 0% in Gulf Island Fabrication, Inc. (NASDAQ:GIFI) or 1.73M shares.

Since March 1, 2018, it had 3 buys, and 0 insider sales for $74,240 activity. 3,600 Gulf Island Fabrication, Inc. (NASDAQ:GIFI) shares with value of $29,850 were bought by MECHE KIRK J. Ladd Todd F. bought $36,000 worth of stock.

The stock of Gulf Island Fabrication, Inc. (NASDAQ:GIFI) is a huge mover today! The stock increased 8.52% or $0.75 during the last trading session, reaching $9.55. About 197,120 shares traded or 134.73% up from the average. Gulf Island Fabrication, Inc. (NASDAQ:GIFI) has declined 35.11% since April 23, 2017 and is downtrending. It has underperformed by 46.66% the S&P500.
The move comes after 7 months positive chart setup for the $143.66M company. It was reported on Apr, 23 by Barchart.com. We have $10.22 PT which if reached, will make NASDAQ:GIFI worth $10.06M more.

Gulf Island Fabrication, Inc., through its subsidiaries, operates as a fabricator of offshore drilling and production platforms, and other steel structures for clients in the gas and oil, and marine industries in the United States. The company has market cap of $143.66 million. The firm fabricates jackets and deck sections of fixed production platforms; hull, tendon, and/or deck sections of floating production platforms, such as tension leg platforms, single point anchor reservoirs, floating production storage and offloading vessels, and minimum deepwater operating concepts; piles, wellhead protectors, and subsea templates, as well as various production, compressor, and utility modules; produces and repairs pressure vessels used in the gas and oil industry; fabricates various other types of steel structures; and provides onshore and offshore scaffolding and piping insulation services. It currently has negative earnings. It also fabricates and repairs offshore supply vessels, anchor handling vessels, lift boats, tugboats, towboats, barges, and other marine vessels; constructs dry docks to lift marine vessels; and offers steel repair, blasting and painting, electrical systems repair, and machinery and piping system repairs, as well as propeller, shaft, and rudder reconditioning.

Gulf Island Fabrication, Inc. (NASDAQ:GIFI) Institutional Positions Chart

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