CTS (CTS) Forms $26.20 Double Top; Ubiquiti Networks (UBNT) Sellers Decreased By 5.03% Their Shorts

CTS Corporation (CTS) formed double top with $27.51 target or 5.00% above today’s $26.20 share price. CTS Corporation (CTS) has $862.95M valuation. The stock increased 0.19% or $0.05 during the last trading session, reaching $26.2. About 66,494 shares traded. CTS Corporation (NYSE:CTS) has risen 18.87% since February 19, 2017 and is uptrending. It has outperformed by 2.17% the S&P500.

Ubiquiti Networks Incorporated (NASDAQ:UBNT) had a decrease of 5.03% in short interest. UBNT’s SI was 9.05M shares in February as released by FINRA. Its down 5.03% from 9.53 million shares previously. With 281,500 avg volume, 32 days are for Ubiquiti Networks Incorporated (NASDAQ:UBNT)’s short sellers to cover UBNT’s short positions. The SI to Ubiquiti Networks Incorporated’s float is 36.35%. The stock decreased 1.66% or $1.25 during the last trading session, reaching $74.04. About 228,563 shares traded. Ubiquiti Networks, Inc. (NASDAQ:UBNT) has risen 29.84% since February 19, 2017 and is uptrending. It has outperformed by 13.14% the S&P500.

Investors sentiment increased to 1.22 in Q3 2017. Its up 0.46, from 0.76 in 2017Q2. It improved, as 22 investors sold Ubiquiti Networks, Inc. shares while 43 reduced holdings. 30 funds opened positions while 49 raised stakes. 25.51 million shares or 3.77% more from 24.58 million shares in 2017Q2 were reported. Dupont Capital Management has 5,904 shares. Macquarie Gp Ltd reported 0.03% of its portfolio in Ubiquiti Networks, Inc. (NASDAQ:UBNT). Wellington Management Group Llp holds 0% of its portfolio in Ubiquiti Networks, Inc. (NASDAQ:UBNT) for 17,843 shares. Ing Groep Nv owns 0.02% invested in Ubiquiti Networks, Inc. (NASDAQ:UBNT) for 21,000 shares. Lpl Limited Liability Corporation invested in 0% or 7,398 shares. Gilder Gagnon Howe And Ltd invested in 3,175 shares or 0% of the stock. Geode Ltd Liability reported 252,017 shares stake. Benjamin F Edwards & reported 145 shares. Price T Rowe Assoc Incorporated Md accumulated 10,565 shares. New Amsterdam Limited Company Ny reported 203,691 shares. Us National Bank De invested in 1,122 shares or 0% of the stock. Public Employees Retirement Systems Of Ohio holds 169,700 shares. Arrowstreet Ltd Partnership, Massachusetts-based fund reported 30,977 shares. 47,400 were accumulated by Swiss Comml Bank. Voya Mgmt Limited Company owns 11,664 shares or 0% of their US portfolio.

Ubiquiti Networks, Inc. develops networking technology for service providers, enterprises, and clients worldwide. The company has market cap of $5.75 billion. The companyÂ’s service well-known provider product platforms offer carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems, and routing; and enterprise product platforms provide wireless LAN infrastructure, video surveillance products, switching and routing solutions, security gateways, and other complimentary WLAN products. It has a 40.79 P/E ratio. The Company’s products and solutions include radios, antennas, software, communications protocols, and management tools to deliver carrier and enterprise class wireless broadband access and other services in the unlicensed RF spectrum.

Among 9 analysts covering Ubiquiti Networks Inc (NASDAQ:UBNT), 1 have Buy rating, 2 Sell and 6 Hold. Therefore 11% are positive. Ubiquiti Networks Inc had 28 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Ubiquiti Networks, Inc. (NASDAQ:UBNT) has “Underweight” rating given on Tuesday, October 20 by Morgan Stanley. The rating was upgraded by BMO Capital Markets to “Market Perform” on Friday, May 6. Zacks downgraded the shares of UBNT in report on Thursday, August 13 to “Buy” rating. The company was downgraded on Friday, August 7 by Raymond James. As per Friday, October 21, the company rating was upgraded by JMP Securities. The firm has “Buy” rating by Wunderlich given on Friday, November 4. Deutsche Bank maintained it with “Hold” rating and $25.0 target in Friday, August 7 report. The stock of Ubiquiti Networks, Inc. (NASDAQ:UBNT) earned “Hold” rating by Deutsche Bank on Monday, August 7. Wunderlich downgraded Ubiquiti Networks, Inc. (NASDAQ:UBNT) rating on Friday, August 7. Wunderlich has “Hold” rating and $36 target. As per Thursday, September 17, the company rating was downgraded by BMO Capital Markets.

Investors sentiment decreased to 1.15 in 2017 Q3. Its down 0.28, from 1.43 in 2017Q2. It turned negative, as 4 investors sold CTS Corporation shares while 37 reduced holdings. 15 funds opened positions while 32 raised stakes. 30.81 million shares or 0.90% more from 30.53 million shares in 2017Q2 were reported. Advsrs Preferred Ltd Com holds 0.18% or 12,689 shares in its portfolio. Thrivent For Lutherans invested in 0% or 20,020 shares. Polar Asset Mngmt has invested 0.04% in CTS Corporation (NYSE:CTS). Neuberger Berman Group Llc accumulated 8,685 shares. Northern Tru invested in 1.24 million shares. National Bank Of Montreal Can has invested 0% in CTS Corporation (NYSE:CTS). Pinebridge Invests Limited Partnership, New York-based fund reported 43,559 shares. 228,201 were accumulated by Invesco Limited. California State Teachers Retirement Sys reported 51,133 shares. Shell Asset owns 6,616 shares. Legal & General Group Inc Plc holds 61,633 shares or 0% of its portfolio. Mufg Americas Holdings invested 0% in CTS Corporation (NYSE:CTS). Prudential reported 0% in CTS Corporation (NYSE:CTS). Wellington Group Llp invested in 2.47 million shares or 0.01% of the stock. Bw Gestao De Investimentos Ltda has 0.1% invested in CTS Corporation (NYSE:CTS) for 20,037 shares.

Among 2 analysts covering CTS Corp (NYSE:CTS), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. CTS Corp had 2 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of CTS Corporation (NYSE:CTS) earned “Hold” rating by Gabelli on Wednesday, July 29.