Capital Investment Services Of America Has Raised Its Red Hat (RHT) Stake; Shorts at FLITWAYS TECHNOLOGY (FTWS) Raised By 865.67%

April 5, 2018 - By Danny Collins

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Capital Investment Services Of America Inc increased Red Hat Inc. (RHT) stake by 119.03% reported in 2017Q4 SEC filing. Capital Investment Services Of America Inc acquired 28,340 shares as Red Hat Inc. (RHT)’s stock rose 25.63%. The Capital Investment Services Of America Inc holds 52,150 shares with $6.26M value, up from 23,810 last quarter. Red Hat Inc. now has $26.87B valuation. The stock increased 3.10% or $4.56 during the last trading session, reaching $151.82. About 1.87M shares traded. Red Hat, Inc. (NYSE:RHT) has risen 87.86% since April 5, 2017 and is uptrending. It has outperformed by 76.31% the S&P500.

FLITWAYS TECHNOLOGY INC (OTCMKTS:FTWS) had an increase of 865.67% in short interest. FTWS’s SI was 64,700 shares in April as released by FINRA. Its up 865.67% from 6,700 shares previously. With 526,600 avg volume, 0 days are for FLITWAYS TECHNOLOGY INC (OTCMKTS:FTWS)’s short sellers to cover FTWS’s short positions. The SI to FLITWAYS TECHNOLOGY INC’s float is 0.22%. The stock decreased 11.25% or $0.0009 during the last trading session, reaching $0.0071. About shares traded. Flitways Technology, Inc. (OTCMKTS:FTWS) has 0.00% since April 5, 2017 and is . It has underperformed by 11.55% the S&P500.

Investors sentiment decreased to 1.12 in Q4 2017. Its down 0.11, from 1.23 in 2017Q3. It turned negative, as 45 investors sold RHT shares while 179 reduced holdings. 92 funds opened positions while 159 raised stakes. 159.29 million shares or 1.06% more from 157.62 million shares in 2017Q3 were reported. Advsr Ltd Limited Liability accumulated 790 shares or 0.03% of the stock. 4,751 were reported by Company Of Toledo Na Oh. San Francisco Sentry Inv Group (Ca) reported 0.02% of its portfolio in Red Hat, Inc. (NYSE:RHT). Amer Group Incorporated stated it has 0.02% in Red Hat, Inc. (NYSE:RHT). Bluemountain Capital Mngmt Llc has 47,098 shares for 0.11% of their portfolio. Stifel Fin reported 118,997 shares. Bremer Trust Association accumulated 3,378 shares. Richard Bernstein Advsr Ltd Co holds 0.02% or 3,360 shares in its portfolio. Dekabank Deutsche Girozentrale, Germany-based fund reported 11,131 shares. Old Mutual Customised Solutions (Proprietary) has invested 0.03% in Red Hat, Inc. (NYSE:RHT). Checchi Cap Advisers Limited Liability Corporation stated it has 0.04% in Red Hat, Inc. (NYSE:RHT). Livforsakringsbolaget Skandia Omsesidigt holds 0.03% or 2,714 shares in its portfolio. Greenleaf Tru has 0% invested in Red Hat, Inc. (NYSE:RHT) for 150 shares. West Oak Capital stated it has 0% in Red Hat, Inc. (NYSE:RHT). Granahan Mgmt Inc Ma reported 0.26% of its portfolio in Red Hat, Inc. (NYSE:RHT).

Capital Investment Services Of America Inc decreased Ptc Inc (NASDAQ:PTC) stake by 12,940 shares to 199,884 valued at $12.15 million in 2017Q4. It also reduced Adobe Systems Inc (NASDAQ:ADBE) stake by 8,225 shares and now owns 116,916 shares. Proto Labs Inc (NYSE:PRLB) was reduced too.

Among 38 analysts covering Red Hat (NYSE:RHT), 27 have Buy rating, 1 Sell and 10 Hold. Therefore 71% are positive. Red Hat has $18500 highest and $70 lowest target. $141.37’s average target is -6.88% below currents $151.82 stock price. Red Hat had 133 analyst reports since August 25, 2015 according to SRatingsIntel. Barclays Capital maintained it with “Overweight” rating and $165 target in Monday, March 19 report. The rating was maintained by Barclays Capital with “Overweight” on Monday, September 18. The stock of Red Hat, Inc. (NYSE:RHT) earned “Hold” rating by Jefferies on Wednesday, December 20. BMO Capital Markets maintained Red Hat, Inc. (NYSE:RHT) on Friday, March 23 with “Market Perform” rating. Morgan Stanley maintained the shares of RHT in report on Tuesday, March 27 with “Equal-Weight” rating. BTIG Research maintained it with “Buy” rating and $12000 target in Wednesday, June 21 report. The rating was maintained by Cowen & Co on Thursday, March 22 with “Buy”. The stock of Red Hat, Inc. (NYSE:RHT) has “Buy” rating given on Monday, December 11 by Cowen & Co. The firm has “Buy” rating given on Wednesday, December 20 by RBC Capital Markets. The stock of Red Hat, Inc. (NYSE:RHT) has “Buy” rating given on Wednesday, June 21 by Oppenheimer.

Red Hat, Inc. (NYSE:RHT) Institutional Positions Chart