Rice Hall James & Associates LLC Has Raised Its Tetra Tech INC (TTEK) Holding by $3.19 Million as Stock Declined

April 17, 2018 - By Adrian Mccoy

Tetra Tech, Inc. (NASDAQ:TTEK) LogoInvestors sentiment decreased to 0.86 in 2017 Q4. Its down 0.14, from 1 in 2017Q3. It worsened, as 14 investors sold TTEK shares while 104 reduced holdings. 38 funds opened positions while 63 raised stakes. 46.13 million shares or 0.61% less from 46.41 million shares in 2017Q3 were reported. Natixis Asset holds 0.18% in Tetra Tech, Inc. (NASDAQ:TTEK) or 34,214 shares. Global X Mgmt Ltd Llc has 3,985 shares. Schwab Charles Inv Mgmt Inc owns 417,445 shares. Moreover, Whittier Trust Of Nevada has 0.01% invested in Tetra Tech, Inc. (NASDAQ:TTEK). Barclays Public Limited Company has invested 0% of its portfolio in Tetra Tech, Inc. (NASDAQ:TTEK). State Street accumulated 1.47M shares. Suntrust Banks reported 94,094 shares. First Republic Invest Mngmt invested in 9,727 shares or 0% of the stock. Stratos Wealth Partners Limited owns 55 shares. 135,718 were accumulated by Asset Mgmt One Ltd. Stevens Mgmt Limited Partnership has 0.01% invested in Tetra Tech, Inc. (NASDAQ:TTEK). First Mercantile Trust accumulated 2,480 shares or 0.02% of the stock. Moreover, Janney Montgomery Scott has 0% invested in Tetra Tech, Inc. (NASDAQ:TTEK). Perkins Coie Trust Company has invested 0.02% of its portfolio in Tetra Tech, Inc. (NASDAQ:TTEK). Robecosam Ag has invested 0.68% in Tetra Tech, Inc. (NASDAQ:TTEK).

Since October 24, 2017, it had 0 insider purchases, and 19 insider sales for $14.64 million activity. 8,000 Tetra Tech, Inc. (NASDAQ:TTEK) shares with value of $399,267 were sold by LEWIS J CHRISTOPHER. The insider BATRACK DAN L sold 68,270 shares worth $3.52 million. Another trade for 696 shares valued at $34,800 was made by CHU RONALD J on Friday, October 27. THOMPSON J KENNETH sold $400,070 worth of stock. LEMMON RICHARD A sold 1,661 shares worth $86,755. The insider HADEN PATRICK C sold 4,401 shares worth $220,762.

Rice Hall James & Associates Llc increased its stake in Tetra Tech Inc. (TTEK) by 5.5% based on its latest 2017Q4 regulatory filing with the SEC. Rice Hall James & Associates Llc bought 66,381 shares as the company’s stock declined 0.52% with the market. The institutional investor held 1.27M shares of the consumer services company at the end of 2017Q4, valued at $61.27M, up from 1.21 million at the end of the previous reported quarter. Rice Hall James & Associates Llc who had been investing in Tetra Tech Inc. for a number of months, seems to be bullish on the $2.92B market cap company. The stock increased 1.06% or $0.55 during the last trading session, reaching $52.25. About 136,178 shares traded. Tetra Tech, Inc. (NASDAQ:TTEK) has risen 22.62% since April 17, 2017 and is uptrending. It has outperformed by 11.07% the S&P500.

Rice Hall James & Associates Llc, which manages about $1.51 billion and $2.54B US Long portfolio, decreased its stake in Swift Trnsptn Hldgs In by 224,039 shares to 296,150 shares, valued at $12.95 million in 2017Q4, according to the filing. It also reduced its holding in Nektar Therapeutics (NASDAQ:NKTR) by 207,977 shares in the quarter, leaving it with 1.03M shares, and cut its stake in Super Micro Computer Inc. (NASDAQ:SMCI).

Tetra Tech, Inc. (NASDAQ:TTEK) Ratings Coverage

Among 4 analysts covering Tetra Tech (NASDAQ:TTEK), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Tetra Tech had 5 analyst reports since October 19, 2017 according to SRatingsIntel. The stock of Tetra Tech, Inc. (NASDAQ:TTEK) has “Buy” rating given on Thursday, October 19 by Canaccord Genuity. The firm has “Buy” rating given on Friday, February 2 by Roth Capital. The stock of Tetra Tech, Inc. (NASDAQ:TTEK) has “Neutral” rating given on Friday, November 10 by Robert W. Baird. The stock of Tetra Tech, Inc. (NASDAQ:TTEK) earned “Hold” rating by Stifel Nicolaus on Thursday, March 29. The rating was maintained by Stifel Nicolaus with “Hold” on Monday, April 2.

Tetra Tech, Inc. (NASDAQ:TTEK) Institutional Positions Chart

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