Why Joseph Rovig Unloaded 76,436 Shares of National Oilwell Varco, Inc. (NOV)?; América Móvil, S.A.B. de C.V. (AMX) Had 2 Analysts Last Week

National Oilwell Varco, Inc. (NYSE:NOV) Logo

Among 4 analysts covering America Movil (NYSE:AMX), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. America Movil had 5 analyst reports since February 13, 2018 according to SRatingsIntel. On Tuesday, April 3 the stock rating was initiated by Goldman Sachs with “Buy”. As per Tuesday, February 13, the company rating was maintained by Scotia Capital. The firm has “Hold” rating given on Thursday, February 15 by J.P. Morgan. See América Móvil, S.A.B. de C.V. (NYSE:AMX) latest ratings:

25/06/2018 Broker: Deutsche Bank Rating: Hold New Target: $18 Initiates Coverage On
03/04/2018 Broker: Goldman Sachs Rating: Buy New Target: $25.0000 Initiate
03/04/2018 Broker: S.A.B. de C.V. American Depository Receipt Series L Rating: Goldman Sachs 25
15/02/2018 Broker: J.P. Morgan Rating: Hold New Target: $19.0 Upgrade
13/02/2018 Broker: Scotia Capital Rating: Buy New Target: $20.0 Maintain

Another recent and important América Móvil, S.A.B. de C.V. (NYSE:AMX) news was published by Globenewswire.com which published an article titled: “Report: Developing Opportunities within Axon Enterprise, Old Dominion Freight Line, Pennsylvania Real Estate …” on June 15, 2018.

América Móvil, S.A.B. de C.V. provides telecommunications services in Mexico and internationally. The company has market cap of $54.16 billion. The firm offers wireless and fixed voice services, including airtime, local, domestic, and international long-distance services; and network interconnection services. It has a 92.56 P/E ratio. It also provides data services, such as Internet access, messaging, and other wireless entertainment and corporate services; data transmission, email services, instant messaging, content streaming, and interactive applications; and data center, data administration, and hosting services to residential and corporate clients, as well as residential broadband services.

The stock decreased 0.24% or $0.04 during the last trading session, reaching $16.66. About 3.96M shares traded or 36.11% up from the average. América Móvil, S.A.B. de C.V. (NYSE:AMX) has risen 0.56% since July 1, 2017 and is uptrending. It has underperformed by 12.01% the S&P500. Some Historical AMX News: 23/04/2018 – POLL-America Movil profit seen down 35 pct on less FX gains; 24/04/2018 – America Movil Sees Payments From Rivals Boost Mexico Sales; 25/04/2018 – AMERICA MOVIL CEO DANIEL HAJJ SPEAKS IN 1Q CALL; 25/04/2018 – AMERICA MOVIL ON TRACK TO ACCOMPLISH $8B BUDGET FOR CAPEX: HAJJ; 14/03/2018 – AMERICA MOVIL CHAIRMAN CARLOS SLIM DOMIT SPEAKS IN MEXICO CITY; 20/03/2018 – CORRECT: AMERICA MOVIL TO PROPOSE MXN0.32/SHARE DIVIDEND; 18/04/2018 – Mexico’s top court sides with America Movil, says Telmex can charge rivals; 25/04/2018 – AMERICA MOVIL SAYS STILL TALKING TO MEXICO TELECOM REGULATOR ABOUT POSSIBILITY OF TV LICENSE; 24/04/2018 – America Movil 1Q Ebitda Down 0.8% on Year to MXN71.2 Billion; 20/03/2018 – AMERICA MOVIL APPROVED DIVIDEND OF MXN0.32/SHARE

More important recent National Oilwell Varco, Inc. (NYSE:NOV) news were published by: Bizjournals.com which released: “NOV, Saudi Aramco form JV to provide drilling equipment, create education center” on June 29, 2018, also Benzinga.com published article titled: “National Oilwell Varco Q2 Earnings Preview”, Newsok.com published: “NOV Introduces GoConnect for Intervention and Stimulation Equipment Condition Monitoring and Predictive ..” on June 19, 2018. More interesting news about National Oilwell Varco, Inc. (NYSE:NOV) was released by: Bizjournals.com and their article: “Study: These Houston companies rank among America’s most valuable brands” with publication date: June 21, 2018.

Investors sentiment increased to 0.86 in Q1 2018. Its up 0.16, from 0.7 in 2017Q4. It increased, as 42 investors sold National Oilwell Varco, Inc. shares while 182 reduced holdings. 54 funds opened positions while 138 raised stakes. 354.58 million shares or 1.45% more from 349.52 million shares in 2017Q4 were reported. Invesco Ltd reported 2.23M shares. Lord Abbett And Company Limited Liability Corp invested 0.02% in National Oilwell Varco, Inc. (NYSE:NOV). Hightower Advisors Ltd Limited Liability Company accumulated 16,500 shares or 0.01% of the stock. Umb Financial Bank N A Mo owns 8,866 shares. Ci Investments Incorporated has 0% invested in National Oilwell Varco, Inc. (NYSE:NOV) for 86 shares. Citadel Advsrs Limited Liability Com reported 14,164 shares. Stratos Wealth Prtnrs holds 11,082 shares. Washington Tru National Bank has invested 0.01% in National Oilwell Varco, Inc. (NYSE:NOV). Montag A & Assoc has 5,449 shares. Bright Rock Mgmt holds 30,600 shares. 5,533 were reported by Mufg Americas. Salem Investment Counselors stated it has 0.01% of its portfolio in National Oilwell Varco, Inc. (NYSE:NOV). British Columbia Corporation reported 203,786 shares stake. Primecap Ca has invested 0.02% in National Oilwell Varco, Inc. (NYSE:NOV). Rhode Island-based Endurance Wealth Management has invested 0% in National Oilwell Varco, Inc. (NYSE:NOV).

Since February 28, 2018, it had 0 insider buys, and 3 insider sales for $2.14 million activity. $220,165 worth of National Oilwell Varco, Inc. (NYSE:NOV) was sold by Weinstock Craig L.. 7,421 shares were sold by Duff Scott K., worth $264,657 on Wednesday, February 28.

Analysts await National Oilwell Varco, Inc. (NYSE:NOV) to report earnings on July, 26 after the close. They expect $0.02 EPS, up 114.29% or $0.16 from last year’s $-0.14 per share. NOV’s profit will be $7.64 million for 542.50 P/E if the $0.02 EPS becomes a reality. After $-0.18 actual EPS reported by National Oilwell Varco, Inc. for the previous quarter, Wall Street now forecasts -111.11% EPS growth.

Among 13 analysts covering National-Oilwell (NYSE:NOV), 1 have Buy rating, 2 Sell and 10 Hold. Therefore 8% are positive. National-Oilwell has $4700 highest and $30.0 lowest target. $37.27’s average target is -14.12% below currents $43.4 stock price. National-Oilwell had 19 analyst reports since January 4, 2018 according to SRatingsIntel. The firm has “Hold” rating by Jefferies given on Wednesday, February 7. As per Thursday, January 11, the company rating was maintained by Cowen & Co. The company was maintained on Friday, April 13 by Susquehanna. Susquehanna maintained it with “Hold” rating and $35.0 target in Friday, January 12 report. The stock of National Oilwell Varco, Inc. (NYSE:NOV) earned “Hold” rating by Jefferies on Thursday, January 4. The firm earned “Buy” rating on Tuesday, February 6 by Piper Jaffray. RBC Capital Markets maintained the stock with “Hold” rating in Tuesday, February 6 report. As per Wednesday, February 7, the company rating was maintained by Susquehanna. The stock has “Hold” rating by FBR Capital on Tuesday, April 17. The company was maintained on Thursday, February 8 by Cowen & Co.

76,436 shares of National Oilwell Varco Inc were unloaded by Joseph Rovig, the company’s President – Rig Technologies. Joseph Rovig’s shares are valued at $3,282,309 which has been calculated on the basis of the average transactions stock price ($42.9 per share). Joseph Rovig currently has in hand 62,865 shares or 0.02% of National Oilwell Varco Inc’s market cap.

National Oilwell Varco, Inc. (NYSE:NOV) Institutional Positions Chart