North Star Investment Management Has Cut Sp Plus Com (SP) Stake By $390,000; Inpixon (INPX) SI Increased By 16.43%

February 14, 2018 - By Shannon Black

North Star Investment Management Corp decreased Sp Plus Corp Com (SP) stake by 9.06% reported in 2017Q3 SEC filing. North Star Investment Management Corp sold 10,000 shares as Sp Plus Corp Com (SP)’s stock rose 1.42%. The North Star Investment Management Corp holds 100,400 shares with $3.97 million value, down from 110,400 last quarter. Sp Plus Corp Com now has $811.50M valuation. The stock increased 0.55% or $0.2 during the last trading session, reaching $36.55. About 84,346 shares traded. SP Plus Corporation (NASDAQ:SP) has risen 33.01% since February 14, 2017 and is uptrending. It has outperformed by 16.31% the S&P500.

Inpixon (NASDAQ:INPX) had an increase of 16.43% in short interest. INPX’s SI was 1.59 million shares in February as released by FINRA. Its up 16.43% from 1.37 million shares previously. With 2.78 million avg volume, 1 days are for Inpixon (NASDAQ:INPX)’s short sellers to cover INPX’s short positions. The stock decreased 8.33% or $0.32 during the last trading session, reaching $3.52. About 700,566 shares traded or 53.27% up from the average. Inpixon (NASDAQ:INPX) has declined 69.52% since February 14, 2017 and is downtrending. It has underperformed by 86.22% the S&P500.

Inpixon, through its subsidiaries, provides big data analytics and location based products and related services for the cyber-security and Internet of things markets worldwide. The company has market cap of $5.70 million. The firm operates through Mobile, IoT & Big Data Products; Storage and Computing; SaaS ; and Professional Services divisions. It currently has negative earnings. It offers AirPatrol, a location security and marketing platform for wireless and cellular devices to detect, monitor, and manage the content and behavior of smartphones, tablets, and other mobile devices based on their location and user; and Big Data appliance products.

Analysts await SP Plus Corporation (NASDAQ:SP) to report earnings on February, 28. They expect $0.40 EPS, down 23.08% or $0.12 from last year’s $0.52 per share. SP’s profit will be $8.88 million for 22.84 P/E if the $0.40 EPS becomes a reality. After $0.50 actual EPS reported by SP Plus Corporation for the previous quarter, Wall Street now forecasts -20.00% negative EPS growth.

Among 2 analysts covering SP Plus (NASDAQ:SP), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. SP Plus has $93 highest and $31 lowest target. $62’s average target is 69.63% above currents $36.55 stock price. SP Plus had 2 analyst reports since September 4, 2015 according to SRatingsIntel. The firm has “Buy” rating by UBS given on Friday, September 4. Barrington Research maintained the stock with “Outperform” rating in Monday, November 9 report.

Investors sentiment decreased to 1.75 in 2017 Q3. Its down 1.63, from 3.38 in 2017Q2. It dived, as 10 investors sold SP shares while 45 reduced holdings. 40 funds opened positions while 56 raised stakes. 21.50 million shares or 49.06% less from 42.21 million shares in 2017Q2 were reported. New Jersey-based Systematic Financial Lp has invested 0.03% in SP Plus Corporation (NASDAQ:SP). Metropolitan Life Insur Com Ny holds 0% of its portfolio in SP Plus Corporation (NASDAQ:SP) for 12,228 shares. Point72 Asia (Hong Kong) owns 36 shares. 57,422 are owned by Guggenheim Capital Limited Liability Co. Jacobs Levy Equity Mngmt reported 27,805 shares. Eagle Boston Investment Mgmt accumulated 329,376 shares. State Board Of Administration Of Florida Retirement Systems owns 0% invested in SP Plus Corporation (NASDAQ:SP) for 35,342 shares. Art Ltd Liability Corp holds 0.06% or 30,419 shares. Fmr Ltd Limited Liability Company owns 450,141 shares for 0% of their portfolio. United Automobile Association holds 0.03% of its portfolio in SP Plus Corporation (NASDAQ:SP) for 252,837 shares. Moreover, Alphaone Investment Svcs Ltd Llc has 1.16% invested in SP Plus Corporation (NASDAQ:SP) for 110,103 shares. California-based Bernzott Cap has invested 4.86% in SP Plus Corporation (NASDAQ:SP). Spark Invest Mngmt Ltd Com holds 0.07% or 31,000 shares. Convergence Inv Prtn Ltd Liability Corp owns 36,344 shares for 0.2% of their portfolio. Public Employees Retirement Sys Of Ohio holds 8,530 shares or 0% of its portfolio.