Spark Energy, Inc. (SPKE) Forms $11.15 Double Bottom; Ionic Capital Management Increased Its Suntrust Bks (Call) (STI) Holding

Ionic Capital Management Llc increased Suntrust Bks Inc (Call) (STI) stake by 36.31% reported in 2017Q3 SEC filing. Ionic Capital Management Llc acquired 56,100 shares as Suntrust Bks Inc (Call) (STI)’s stock declined 9.30%. The Ionic Capital Management Llc holds 210,600 shares with $12.59M value, up from 154,500 last quarter. Suntrust Bks Inc (Call) now has $32.79B valuation. The stock increased 1.52% or $1.03 during the last trading session, reaching $68.89. About 4.51 million shares traded or 22.06% up from the average. SunTrust Banks, Inc. (NYSE:STI) has risen 26.82% since January 13, 2017 and is uptrending. It has outperformed by 10.12% the S&P500.

Spark Energy, Inc. (SPKE) formed double bottom with $10.59 target or 5.00% below today’s $11.15 share price. Spark Energy, Inc. (SPKE) has $386.13 million valuation. The stock increased 0.45% or $0.05 during the last trading session, reaching $11.15. About 401,231 shares traded or 105.11% up from the average. Spark Energy, Inc. (NASDAQ:SPKE) has risen 28.31% since January 13, 2017 and is uptrending. It has outperformed by 11.61% the S&P500.

Analysts await Spark Energy, Inc. (NASDAQ:SPKE) to report earnings on March, 1. They expect $0.31 earnings per share, down 40.38% or $0.21 from last year’s $0.52 per share. SPKE’s profit will be $10.74 million for 8.99 P/E if the $0.31 EPS becomes a reality. After $0.11 actual earnings per share reported by Spark Energy, Inc. for the previous quarter, Wall Street now forecasts 181.82% EPS growth.

Investors sentiment decreased to 1.16 in 2017 Q3. Its down 3.31, from 4.47 in 2017Q2. It fall, as 17 investors sold Spark Energy, Inc. shares while 28 reduced holdings. 22 funds opened positions while 30 raised stakes. 11.25 million shares or 52.85% less from 23.87 million shares in 2017Q2 were reported. Alliancebernstein L P owns 0% invested in Spark Energy, Inc. (NASDAQ:SPKE) for 149,610 shares. 13,130 are owned by Hancock Holding Company. Pub Employees Retirement Of Ohio owns 22,582 shares or 0% of their US portfolio. State Street invested in 215,322 shares or 0% of the stock. Gsa Capital Llp has invested 0.13% of its portfolio in Spark Energy, Inc. (NASDAQ:SPKE). Moreover, Lucus Advsrs Ltd Com has 0.49% invested in Spark Energy, Inc. (NASDAQ:SPKE). Bridgeway Capital Mngmt stated it has 0.01% of its portfolio in Spark Energy, Inc. (NASDAQ:SPKE). The Pennsylvania-based Federated Investors Inc Pa has invested 0% in Spark Energy, Inc. (NASDAQ:SPKE). Rhumbline Advisers accumulated 13,105 shares. Financial Bank Of America Corporation De holds 0% or 2,761 shares in its portfolio. Geode Cap Management Ltd Liability holds 0% in Spark Energy, Inc. (NASDAQ:SPKE) or 142,065 shares. Credit Suisse Ag reported 0% stake. Hudock Capital Ltd Llc has invested 0% in Spark Energy, Inc. (NASDAQ:SPKE). Manufacturers Life Ins The holds 10,328 shares. Blackrock reported 0% in Spark Energy, Inc. (NASDAQ:SPKE).

Among 7 analysts covering Spark Energy (NASDAQ:SPKE), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Spark Energy had 19 analyst reports since August 18, 2015 according to SRatingsIntel. Wunderlich reinitiated Spark Energy, Inc. (NASDAQ:SPKE) on Thursday, April 7 with “Buy” rating. As per Friday, May 6, the company rating was maintained by FBR Capital. FBR Capital maintained it with “Buy” rating and $4700 target in Thursday, June 1 report. On Wednesday, February 1 the stock rating was initiated by Guggenheim with “Buy”. The stock has “Buy” rating by Wunderlich on Friday, May 6. The rating was maintained by Wunderlich on Friday, August 12 with “Buy”. The stock has “Neutral” rating by Robert W. Baird on Wednesday, February 3. The stock of Spark Energy, Inc. (NASDAQ:SPKE) earned “Hold” rating by Wunderlich on Thursday, December 24. On Tuesday, November 7 the stock rating was downgraded by B. Riley & Co to “Neutral”. Janney Capital downgraded the stock to “Neutral” rating in Thursday, June 22 report.

Since August 9, 2017, it had 7 insider buys, and 2 selling transactions for $1.70 million activity. Shares for $304,922 were bought by Maxwell W Keith III. $51,600 worth of Spark Energy, Inc. (NASDAQ:SPKE) was sold by Melman Gil on Wednesday, August 9. Jones James G II bought $18,054 worth of Spark Energy, Inc. (NASDAQ:SPKE) on Friday, December 15.

Ionic Capital Management Llc decreased Altaba Inc (Call) stake by 264,882 shares to 141,500 valued at $9.37M in 2017Q3. It also reduced Petroleo Brasileiro Sa Petro (Call) (NYSE:PBR) stake by 338,000 shares and now owns 262,000 shares. Vaneck Vectors Etf Tr (Call) was reduced too.

Since August 14, 2017, it had 0 insider buys, and 1 sale for $46,331 activity. 808 shares valued at $46,331 were sold by Johnson Susan S on Monday, August 14.