Pacific Ridge Capital Partners LLC Has Decreased Zagg INC (ZAGG) Position by $4.26 Million

April 21, 2018 - By Clifton Ray

ZAGG Inc (NASDAQ:ZAGG) LogoInvestors sentiment increased to 1.38 in 2017 Q4. Its up 0.11, from 1.27 in 2017Q3. It increased, as 17 investors sold ZAGG shares while 39 reduced holdings. 41 funds opened positions while 36 raised stakes. 21.35 million shares or 2.50% less from 21.90 million shares in 2017Q3 were reported. Blackrock owns 1.81M shares. Citadel Advsr Limited Company stated it has 33,328 shares. Moreover, Fny Managed Accounts Ltd Llc has 0% invested in ZAGG Inc (NASDAQ:ZAGG) for 181 shares. Qs Investors Llc stated it has 182 shares or 0% of all its holdings. Envestnet Asset Mngmt holds 0% or 10,695 shares. United Svcs Automobile Association has 127,185 shares. Meeder Asset, Ohio-based fund reported 366 shares. Hsbc Pcl has invested 0% in ZAGG Inc (NASDAQ:ZAGG). California-based Bailard has invested 0.02% in ZAGG Inc (NASDAQ:ZAGG). Eqis Cap holds 54,271 shares or 0.05% of its portfolio. Pdt Ltd has invested 0.15% of its portfolio in ZAGG Inc (NASDAQ:ZAGG). Menta Capital Ltd owns 31,812 shares for 0.11% of their portfolio. Credit Suisse Ag owns 21,123 shares. Campbell Adviser Limited Liability Corp accumulated 11,094 shares. Nordea Invest Management Ab holds 0% or 46,100 shares in its portfolio.

Pacific Ridge Capital Partners Llc decreased its stake in Zagg Inc (ZAGG) by 58.55% based on its latest 2017Q4 regulatory filing with the SEC. Pacific Ridge Capital Partners Llc sold 236,880 shares as the company’s stock declined 39.25% with the market. The institutional investor held 167,681 shares of the other specialty stores company at the end of 2017Q4, valued at $3.09M, down from 404,561 at the end of the previous reported quarter. Pacific Ridge Capital Partners Llc who had been investing in Zagg Inc for a number of months, seems to be less bullish one the $338.69M market cap company. The stock decreased 0.41% or $0.05 during the last trading session, reaching $12. About 157,495 shares traded. ZAGG Inc (NASDAQ:ZAGG) has risen 88.37% since April 21, 2017 and is uptrending. It has outperformed by 76.82% the S&P500.

ZAGG Inc (NASDAQ:ZAGG) Ratings Coverage

Among 6 analysts covering Zagg Inc (NASDAQ:ZAGG), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Zagg Inc had 11 analyst reports since October 27, 2017 according to SRatingsIntel. The stock of ZAGG Inc (NASDAQ:ZAGG) has “Buy” rating given on Thursday, November 2 by Northland Capital. Northland Capital maintained it with “Buy” rating and $23.0 target in Friday, December 1 report. The firm earned “Hold” rating on Monday, March 5 by Roth Capital. As per Thursday, March 8, the company rating was downgraded by B. Riley & Co. The firm has “Buy” rating given on Friday, October 27 by Northland Capital. The firm earned “Buy” rating on Wednesday, January 17 by FBR Capital. The rating was maintained by Craig Hallum with “Buy” on Wednesday, January 3. The stock of ZAGG Inc (NASDAQ:ZAGG) earned “Buy” rating by Northland Capital on Thursday, March 8. The stock of ZAGG Inc (NASDAQ:ZAGG) earned “Buy” rating by Craig Hallum on Thursday, March 8.

ZAGG Inc (NASDAQ:ZAGG) Institutional Positions Chart

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