Is Prestige Brands Holdings, Inc. (PBH) Stock a Buy after Natale Ricciardi’s Insider Deal?; Parametric Portfolio Associates Cut By $2.37 Million Its Coherent (COHR) Position

February 9, 2018 - By Jerrie Dane

Insider trade totalling a total of $111,120 USD was disclosed online in a form submitted to the Washington-based SEC on 08/02/2018. According to which, Natale Ricciardi, the director of Prestige Brands Holdings Inc also an insider of the New York-based company had acquired precisely 3,000 shares – ( at $37.0 a share ). Now, Natale Ricciardi owns 7,806 shares which are equivalent to about 0.01% of the Company’s market cap.

Parametric Portfolio Associates Llc decreased Coherent Inc (COHR) stake by 15.26% reported in 2017Q3 SEC filing. Parametric Portfolio Associates Llc sold 10,083 shares as Coherent Inc (COHR)’s stock rose 26.93%. The Parametric Portfolio Associates Llc holds 56,003 shares with $13.17 million value, down from 66,086 last quarter. Coherent Inc now has $5.11B valuation. The stock decreased 17.36% or $43.25 during the last trading session, reaching $205.89. About 3.48M shares traded or 592.55% up from the average. Coherent, Inc. (NASDAQ:COHR) has risen 187.82% since February 9, 2017 and is uptrending. It has outperformed by 171.12% the S&P500.

Since August 14, 2017, it had 0 buys, and 3 selling transactions for $6.77 million activity. AMBROSEO JOHN sold $6.25M worth of Coherent, Inc. (NASDAQ:COHR) on Tuesday, September 12. Another trade for 1,372 shares valued at $411,600 was sold by Sechrist Paul F. SKAGGS STEPHEN A sold $108,790 worth of stock or 500 shares.

Among 7 analysts covering Coherent (NASDAQ:COHR), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Coherent has $330 highest and $72 lowest target. $309’s average target is 50.08% above currents $205.89 stock price. Coherent had 28 analyst reports since August 3, 2015 according to SRatingsIntel. The stock has “Buy” rating by Benchmark on Monday, June 12. The stock has “Neutral” rating by Susquehanna on Wednesday, February 15. The stock of Coherent, Inc. (NASDAQ:COHR) has “Buy” rating given on Monday, January 9 by Stifel Nicolaus. Needham maintained Coherent, Inc. (NASDAQ:COHR) rating on Thursday, November 3. Needham has “Buy” rating and $130 target. As per Tuesday, January 3, the company rating was maintained by Stifel Nicolaus. On Thursday, February 8 the stock rating was maintained by Needham with “Buy”. The stock has “Overweight” rating by Barclays Capital on Thursday, February 8. Barclays Capital initiated the shares of COHR in report on Monday, August 7 with “Buy” rating. The firm earned “Buy” rating on Wednesday, November 8 by Needham. On Thursday, July 20 the stock rating was maintained by Benchmark with “Buy”.

Investors sentiment decreased to 1.03 in 2017 Q3. Its down 0.08, from 1.11 in 2017Q2. It worsened, as 40 investors sold COHR shares while 113 reduced holdings. 56 funds opened positions while 101 raised stakes. 23.23 million shares or 4.25% more from 22.28 million shares in 2017Q2 were reported. Capital Ww Invsts reported 0.04% in Coherent, Inc. (NASDAQ:COHR). Axa holds 46,167 shares or 0.05% of its portfolio. France-based Capital Fund Management has invested 0.07% in Coherent, Inc. (NASDAQ:COHR). Westfield Mngmt Ltd Partnership reported 0.16% in Coherent, Inc. (NASDAQ:COHR). Mason Street Advsr Ltd accumulated 12,225 shares. Sei Co holds 0.02% in Coherent, Inc. (NASDAQ:COHR) or 27,777 shares. Tdam Usa accumulated 0.12% or 8,480 shares. Bamco New York holds 0.02% of its portfolio in Coherent, Inc. (NASDAQ:COHR) for 16,300 shares. Profund Advsrs Llc has invested 0.03% in Coherent, Inc. (NASDAQ:COHR). 44,812 were reported by Jpmorgan Chase And. Meritage Portfolio Mgmt holds 0.59% in Coherent, Inc. (NASDAQ:COHR) or 25,617 shares. Franklin Res holds 92,200 shares. Hanseatic Mngmt Ser holds 772 shares or 0.21% of its portfolio. Scout Inc has 0.42% invested in Coherent, Inc. (NASDAQ:COHR). Westport Asset Management reported 2,500 shares.

Parametric Portfolio Associates Llc increased Unsponsored Adr stake by 64,893 shares to 313,247 valued at $11.89M in 2017Q3. It also upped Western Gas Partnrs Lp Com Unit Lp In (NYSE:WES) stake by 10,538 shares and now owns 260,071 shares. Cubesmart Reit (NYSE:CUBE) was raised too.

Investors sentiment increased to 1.64 in Q3 2017. Its up 0.34, from 1.3 in 2017Q2. It improved, as 19 investors sold Prestige Brands Holdings, Inc. shares while 57 reduced holdings. 32 funds opened positions while 93 raised stakes. 56.08 million shares or 5.89% more from 52.96 million shares in 2017Q2 were reported. Dupont Management holds 0.01% or 10,218 shares. Fmr Lc accumulated 4.20M shares or 0.03% of the stock. Legal And General Plc holds 0% or 47,649 shares. Blackrock has 0.02% invested in Prestige Brands Holdings, Inc. (NYSE:PBH) for 6.80 million shares. Tower Ltd Liability Corporation (Trc) accumulated 5,910 shares. Virginia Retirement Systems Et Al holds 47,200 shares. Tiverton Asset Mgmt Ltd Liability Com has 0.07% invested in Prestige Brands Holdings, Inc. (NYSE:PBH) for 26,402 shares. Fiera Cap Corporation holds 0.09% or 358,478 shares in its portfolio. 4,387 were accumulated by Teacher Retirement Systems Of Texas. Ftb Advsr Inc owns 216 shares. Friess Assoc Ltd accumulated 0.4% or 91,468 shares. Credit Agricole S A holds 0% or 165 shares. Point72 Asia (Hong Kong) has invested 0.01% in Prestige Brands Holdings, Inc. (NYSE:PBH). Macquarie reported 628,579 shares or 0.06% of all its holdings. Ubs Asset Mgmt Americas Inc holds 0% or 31,406 shares in its portfolio.

Since February 5, 2018, it had 3 insider purchases, and 0 selling transactions for $666,579 activity. $148,974 worth of Prestige Brands Holdings, Inc. (NYSE:PBH) was bought by JENNESS JAMES M on Monday, February 5. The insider COSTLEY GARY E bought $266,025. $251,580 worth of Prestige Brands Holdings, Inc. (NYSE:PBH) shares were bought by Lombardi Ronald M.

Prestige Brands Holdings, Inc., through its subsidiaries, markets, sells, makes, and distributes over-the-counter healthcare and household cleaning products in North America, Australia, and internationally. The company has market cap of $1.88 billion. It operates through North American OTC Healthcare, International OTC Healthcare, and Household Cleaning divisions. It has a 4.85 P/E ratio. The company's OTC healthcare products include Chloraseptic sore throat treatments and mouth pain products, Clear Eyes eye care products, Compound W wart removers, Dramamine Non-Drowsy naturals, Efferdent denture cleansers, Luden's throat drops, BC and Goody's analgesic powders, Beano for gas prevention, Debrox for ear wax removal, and Gaviscon for upset stomach remedies.

The stock decreased 4.17% or $1.54 during the last trading session, reaching $35.35. About 1.49M shares traded or 116.72% up from the average. Prestige Brands Holdings, Inc. (NYSE:PBH) has declined 8.57% since February 9, 2017 and is downtrending. It has underperformed by 25.27% the S&P500.