American Express Company (AXP) At $97.23 Forms Top; SMTC (SMTX)’s Sentiment Is 0.86

June 24, 2018 - By Shannon Black

SMTC Corporation (NASDAQ:SMTX) Logo

SMTC Corp (SMTX) investors sentiment decreased to 0.86 in 2018 Q1. It’s down -2.14, from 3 in 2017Q4. The ratio turned negative, as 6 investment managers increased or started new stock positions, while 7 reduced and sold their stock positions in SMTC Corp. The investment managers in our database reported: 2.51 million shares, down from 2.90 million shares in 2017Q4. Also, the number of investment managers holding SMTC Corp in top ten stock positions was flat from 1 to 1 for the same number . Sold All: 2 Reduced: 5 Increased: 3 New Position: 3.

American Express Company (AXP) formed multiple top with $102.09 target or 5.00% above today’s $97.23 share price. American Express Company (AXP) has $83.65 billion valuation. The stock increased 0.62% or $0.6 during the last trading session, reaching $97.23. About 9.08M shares traded or 158.53% up from the average. American Express Company (NYSE:AXP) has risen 30.55% since June 24, 2017 and is uptrending. It has outperformed by 17.98% the S&P500. Some Historical AXP News: 07/05/2018 – GROUPON LAUNCHES LOCAL RESTAURANT DEALS FOR AMEX MEMBERS; 18/04/2018 – AMERICAN EXPRESS CO – QTRLY SHR $1.86; 16/04/2018 – American Express’ Plenti program will end on July 10 and all Plenti points will expire on that date; 15/05/2018 – AMERICAN EXPRESS-U.S.SMALL BUSINESS CARD MEMBER LOANS 30 DAYS PAST DUE LOANS AS A%OF TOTAL 1.2 PCT AT APRIL END VS 1.3 PCT AT MARCH END; 20/03/2018 – AMERICAN EXPRESS STATEMENT REGARDING ORBITZ CYBER ATTACK; 28/03/2018 – American Express: Petrino Has Served as Global Head of Operational Risk and Oversight since May 2016; 20/03/2018 – AXP SAYS MONITORING CARD MEMBER ACCOUNTS FOR UNUSUAL ACTIVITY; 15/05/2018 – mSlGNlA, Inc. Announces Patent Office Victory in Continued Patent Enforcement Efforts against American Express® Company Subsidiary lnAuth, Inc; 14/05/2018 – Fitch to Rate American Express Credit Account Master Trust, Series 2018-5; Presale Issued; 28/03/2018 – American Express: Fabricant to Resume Role as Senior Vice President, Controllershi

Another recent and important SMTC Corporation (NASDAQ:SMTX) news was published by Nasdaq.com which published an article titled: “SMTC to Participate at 8th Annual LD Micro Invitational on June 5, 2018” on May 30, 2018.

The stock increased 0.98% or $0.03 during the last trading session, reaching $3.08. About 49,465 shares traded or 20.71% up from the average. SMTC Corporation (SMTX) has risen 167.86% since June 24, 2017 and is uptrending. It has outperformed by 155.29% the S&P500. Some Historical SMTX News: 07/03/2018 – SMTC CORP – QTRLY LOSS PER SHARE $0.05; 07/05/2018 – SMTC 1Q Rev $37.1M; 07/03/2018 SMTC 4Q Rev $38.6M; 17/05/2018 – SMTC FILES PROSPECTUS FOR SALE OF MIXED SECURITIES UP TO $10M; 30/04/2018 – SMTC Appoints Phil Wehrli Senior Vice President Global Planning and Supply Chain; 13/03/2018 – SMTC CORP – WASZAK WILL REMAIN EMPLOYED WITH COMPANY FOR CFO TRANSITION AND OTHER CORPORATE MATTERS THROUGH JUNE 30, 2018; 13/03/2018 – SMTC Appoints Steve Waszak as Chief Fincl Officer; 08/05/2018 – SMTC to Participate in B. Riley FBR’s 19th Annual Institutional Investor Conference on May 24; 16/05/2018 – SMTC Corporation Announces Filing of S-3 Shelf Registration Statement; 13/03/2018 – SMTC Appoints Steve Waszak as Chief Financial Officer

Wynnefield Capital Inc holds 1.13% of its portfolio in SMTC Corporation for 1.43 million shares. Mill Road Capital Management Llc owns 374,816 shares or 0.68% of their US portfolio. Moreover, Gilman Hill Asset Management Llc has 0.02% invested in the company for 15,977 shares. The Ontario – Canada-based Bank Of Montreal Can has invested 0% in the stock. Bridgeway Capital Management Inc, a Texas-based fund reported 126,000 shares.

SMTC Corporation provides electronics manufacturing services worldwide. The company has market cap of $53.08 million. The firm offers end-to-end electronics manufacturing services, including product design and engineering; printed circuit board assembly; production, enclosure, cable assembly, and precision metal fabrication; systems integration and testing; configuration to order; build to order; and direct order fulfillment services. It currently has negative earnings. It provides integrated contract manufacturing services to original equipment manufacturers and technology companies primarily in the industrial, networking and communications, power and energy, and medical market sectors.

Analysts await American Express Company (NYSE:AXP) to report earnings on July, 18. They expect $1.81 earnings per share, up 23.13% or $0.34 from last year’s $1.47 per share. AXP’s profit will be $1.56B for 13.43 P/E if the $1.81 EPS becomes a reality. After $1.86 actual earnings per share reported by American Express Company for the previous quarter, Wall Street now forecasts -2.69% negative EPS growth.

Investors sentiment decreased to 0.81 in Q1 2018. Its down 0.08, from 0.89 in 2017Q4. It dived, as 52 investors sold American Express Company shares while 462 reduced holdings. 99 funds opened positions while 318 raised stakes. 695.82 million shares or 0.87% less from 701.90 million shares in 2017Q4 were reported. Marathon Asset Mngmt Limited Liability Partnership accumulated 1.4% or 972,676 shares. Affinity Inv Advsr Ltd Limited Liability Company, a California-based fund reported 108,269 shares. Crawford Invest Counsel holds 693,467 shares or 2.04% of its portfolio. Moreover, Ellington Mngmt Grp Ltd Liability Corporation has 0.11% invested in American Express Company (NYSE:AXP) for 15,800 shares. Carret Asset Management Ltd Com owns 66,319 shares. Ronna Sue Cohen holds 0.17% or 2,508 shares. Texas-based Fruth Invest Mgmt has invested 0.52% in American Express Company (NYSE:AXP). The Iowa-based Cambridge Investment Rech Advsr Inc has invested 0.03% in American Express Company (NYSE:AXP). Hm Payson Communication reported 118,746 shares. Aperio Group Limited Liability Co holds 513,214 shares. State Of Wisconsin Invest Board holds 711,748 shares. California-based Mechanics National Bank Tru Department has invested 0.15% in American Express Company (NYSE:AXP). Epoch Prtn owns 52,207 shares for 0.02% of their portfolio. Dowling Yahnke Ltd Llc has invested 0.62% in American Express Company (NYSE:AXP). Moreover, Palisade Asset Mngmt Lc has 0.12% invested in American Express Company (NYSE:AXP) for 8,447 shares.

Since January 2, 2018, it had 0 buys, and 8 insider sales for $12.05 million activity. 9,880 shares were sold by Petrino Richard, worth $1.02 million. Buckminster Douglas E. also sold $376,710 worth of American Express Company (NYSE:AXP) shares. Another trade for 12,789 shares valued at $1.27 million was made by Bush James Peter on Tuesday, January 2. Squeri Stephen J sold $1.23 million worth of American Express Company (NYSE:AXP) on Tuesday, May 1. 9,000 shares were sold by CAMPBELL JEFFREY C, worth $882,406. Cox L Kevin had sold 50,412 shares worth $5.07M.

American Express Company (NYSE:AXP) Institutional Positions Chart