Insider Deal: Chris Bruzzo Sold 1,500 Shares of Electronic Arts Inc. (EA); Shorts at Innospec (IOSP) Raised By 34.69%

April 5, 2018 - By Danny Collins

Innospec Inc. (NASDAQ:IOSP) Logo

Innospec Inc (NASDAQ:IOSP) had an increase of 34.69% in short interest. IOSP’s SI was 310,200 shares in April as released by FINRA. Its up 34.69% from 230,300 shares previously. With 76,800 avg volume, 4 days are for Innospec Inc (NASDAQ:IOSP)’s short sellers to cover IOSP’s short positions. The SI to Innospec Inc’s float is 1.31%. The stock decreased 0.29% or $0.2 during the last trading session, reaching $67.75. About 172,814 shares traded or 53.29% up from the average. Innospec Inc. (NASDAQ:IOSP) has risen 10.33% since April 5, 2017 and is uptrending. It has underperformed by 1.22% the S&P500.

Innospec Inc. develops, manufactures, blends, markets, and supplies fuel additives, oilfield chemicals, personal care products, and other specialty chemicals to gas and oil exploration and production, oil refinery, fuel users, personal care formulation, home care, agrochemical and mining formulation, and other chemical and industrial companies worldwide. The company has market cap of $1.68 billion. It operates through four divisions: Fuel Specialties, Performance Chemicals, Oilfield Services, and Octane Additives. It has a 26.88 P/E ratio. The Fuel Specialties segment offers a range of specialty chemical products used as additives in various fuels.

Among 4 analysts covering Innospec (NASDAQ:IOSP), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Innospec had 8 analyst reports since October 12, 2015 according to SRatingsIntel. KeyBanc Capital Markets upgraded Innospec Inc. (NASDAQ:IOSP) on Tuesday, April 5 to “Overweight” rating. The rating was downgraded by Monness Crespi & Hardt on Thursday, November 9 to “Neutral”. Johnson Rice upgraded the stock to “Accumulate” rating in Tuesday, November 14 report. Monness Crespi maintained Innospec Inc. (NASDAQ:IOSP) rating on Friday, November 4. Monness Crespi has “Buy” rating and $62 target. KeyBanc Capital Markets maintained the shares of IOSP in report on Thursday, November 9 with “Overweight” rating. On Monday, October 12 the stock rating was downgraded by Monness Crespi & Hardt to “Neutral”. The firm has “Neutral” rating by Monness Crespi given on Monday, December 19. On Tuesday, August 22 the stock rating was upgraded by Monness Crespi & Hardt to “Buy”.

Investors sentiment decreased to 0.85 in 2017 Q4. Its down 0.30, from 1.15 in 2017Q3. It is negative, as 82 investors sold Electronic Arts Inc. shares while 234 reduced holdings. 85 funds opened positions while 184 raised stakes. 280.71 million shares or 0.12% less from 281.04 million shares in 2017Q3 were reported. Atria Invs Ltd Llc invested in 0.03% or 5,863 shares. Private Harbour Invest And Counsel Ltd Liability Corp has invested 1.25% in Electronic Arts Inc. (NASDAQ:EA). Gideon Capital Advisors Inc invested 0.19% of its portfolio in Electronic Arts Inc. (NASDAQ:EA). Moreover, Horseman Cap Mgmt has 0.22% invested in Electronic Arts Inc. (NASDAQ:EA). Moreover, Brinker Capital Inc has 0.04% invested in Electronic Arts Inc. (NASDAQ:EA). Wells Fargo & Com Mn holds 0.04% of its portfolio in Electronic Arts Inc. (NASDAQ:EA) for 1.41 million shares. Parametric Port Associate Ltd owns 1.16 million shares for 0.12% of their portfolio. Delta Mngmt Limited Liability Corp holds 2,535 shares. Pittenger & Anderson has invested 0% in Electronic Arts Inc. (NASDAQ:EA). Trexquant Investment L P owns 9,535 shares for 0.11% of their portfolio. Great Lakes Advsrs Ltd, a Illinois-based fund reported 3,430 shares. Moreover, Quantres Asset Management has 0.54% invested in Electronic Arts Inc. (NASDAQ:EA) for 8,100 shares. Creative Planning reported 0.01% stake. Victory Cap Mgmt reported 4,867 shares. Richard Bernstein Advisors Ltd Limited Liability Company has 0.02% invested in Electronic Arts Inc. (NASDAQ:EA).

Analysts await Electronic Arts Inc. (NASDAQ:EA) to report earnings on May, 8. They expect $0.99 earnings per share, up 70.69% or $0.41 from last year’s $0.58 per share. EA’s profit will be $303.66 million for 30.33 P/E if the $0.99 EPS becomes a reality. After $2.06 actual earnings per share reported by Electronic Arts Inc. for the previous quarter, Wall Street now forecasts -51.94% negative EPS growth.

Electronic Arts Inc. develops, markets, publishes, and distributes games, content, and services for game consoles, personal computers, mobile phones, and tablets worldwide. The company has market cap of $36.84 billion. It develops and publishes games primarily under the Battlefield, Mass Effect, Need for Speed, The Sims, and Plants v. It has a 37.46 P/E ratio. Zombies brands; and license games from others, such as FIFA, Madden NFL, and Star Wars, as well as publishes and distributes games developed by third parties.

Chris Bruzzo; that is an insider in Electronic Arts Inc who is the last to sell shares in the corporation for which he is at present the EVP – Chief Marketing Officer. Chris a few days ago made a sale of 1,500 shares of the company, all priced at approximately $178,221 U.S Dollars, that is a price-per-share of nearly $118.8. Mr. Chris presently has ownership of 32,775 shares, accounting for 0.01% of Electronic Arts Inc’s total market cap.

Since October 5, 2017, it had 0 insider buys, and 26 insider sales for $12.00 million activity. 10,000 shares valued at $1.18M were sold by Jorgensen Blake J on Thursday, October 5. 750 shares were sold by Miele Laura, worth $81,113. Shares for $113,600 were sold by Schatz Jacob J. COLEMAN LEONARD S JR also sold $899,261 worth of Electronic Arts Inc. (NASDAQ:EA) shares. 200 shares were sold by Singh Vijayanthimala, worth $24,908. Soderlund Patrick also sold $614,841 worth of Electronic Arts Inc. (NASDAQ:EA) on Thursday, March 1. On Friday, February 16 the insider Warren Denise sold $125,584.

The stock increased 0.50% or $0.6 during the last trading session, reaching $120.11. About 3.62M shares traded. Electronic Arts Inc. (NASDAQ:EA) has risen 34.78% since April 5, 2017 and is uptrending. It has outperformed by 23.23% the S&P500.

Innospec Inc. (NASDAQ:IOSP) Institutional Positions Chart