Sogou Inc. (SOGO) Is At $8.59 Formed Wedge; Elk Creek Partners Has Increased Gogo (GOGO) Holding

April 10, 2018 - By Shannon Black

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Sogou Inc. (SOGO) formed wedge down with $7.90 target or 8.00% below today’s $8.59 share price. Sogou Inc. (SOGO) has $3.32B valuation. The stock increased 3.26% or $0.27 during the last trading session, reaching $8.59. About 322,405 shares traded. Sogou Inc. (NYSE:SOGO) has 0.00% since April 10, 2017 and is . It has underperformed by 11.55% the S&P500.

Elk Creek Partners Llc increased Gogo Inc (GOGO) stake by 3.53% reported in 2017Q4 SEC filing. Elk Creek Partners Llc acquired 59,368 shares as Gogo Inc (GOGO)’s stock declined 21.00%. The Elk Creek Partners Llc holds 1.74M shares with $19.65M value, up from 1.68 million last quarter. Gogo Inc now has $768.57 million valuation. The stock increased 1.84% or $0.16 during the last trading session, reaching $8.85. About 101,172 shares traded. Gogo Inc. (NASDAQ:GOGO) has declined 18.49% since April 10, 2017 and is downtrending. It has underperformed by 30.04% the S&P500.

Among 10 analysts covering Gogo (NASDAQ:GOGO), 3 have Buy rating, 2 Sell and 5 Hold. Therefore 30% are positive. Gogo had 17 analyst reports since October 7, 2015 according to SRatingsIntel. The rating was maintained by Dougherty & Company with “Buy” on Wednesday, June 15. The company was initiated on Wednesday, January 25 by Guggenheim. JP Morgan downgraded the stock to “Neutral” rating in Friday, February 23 report. The company was maintained on Friday, February 23 by Northland Capital. The stock of Gogo Inc. (NASDAQ:GOGO) has “Hold” rating given on Thursday, August 18 by Standpoint Research. J.P. Morgan downgraded Gogo Inc. (NASDAQ:GOGO) on Friday, February 23 to “Hold” rating. The stock of Gogo Inc. (NASDAQ:GOGO) has “Buy” rating given on Monday, January 25 by Dougherty & Company. The rating was maintained by Dougherty & Company with “Buy” on Wednesday, October 7. The stock of Gogo Inc. (NASDAQ:GOGO) has “Neutral” rating given on Wednesday, March 7 by Guggenheim. As per Tuesday, February 23, the company rating was maintained by Macquarie Research.

Investors sentiment increased to 1.29 in Q4 2017. Its up 0.34, from 0.95 in 2017Q3. It improved, as 22 investors sold GOGO shares while 27 reduced holdings. 24 funds opened positions while 39 raised stakes. 62.18 million shares or 9.61% more from 56.73 million shares in 2017Q3 were reported. Ubs Asset Mngmt Americas Incorporated owns 45,550 shares. Parametric Lc invested in 23,048 shares. Stelliam Invest Management Lp reported 3.91% in Gogo Inc. (NASDAQ:GOGO). Oz Management Lp holds 0.02% in Gogo Inc. (NASDAQ:GOGO) or 332,900 shares. Utd Ser Automobile Association reported 61,440 shares stake. Fmr Lc holds 0.01% in Gogo Inc. (NASDAQ:GOGO) or 10.89 million shares. Tiaa Cref Investment Mgmt Lc stated it has 180,575 shares or 0% of all its holdings. 1,828 are owned by Zurcher Kantonalbank (Zurich Cantonalbank). Moreover, Voya Investment Management Ltd Liability Com has 0% invested in Gogo Inc. (NASDAQ:GOGO) for 26,027 shares. Capstone Inv Advisors Limited Company accumulated 200,000 shares. Granahan Inv Ma has invested 0.05% in Gogo Inc. (NASDAQ:GOGO). Daiwa Secs Grp Incorporated reported 510,000 shares. Raymond James Fincl Advsrs Inc reported 0% stake. Hodges Inc reported 1.76% stake. Great West Life Assurance Co Can invested in 0% or 5,100 shares.

Since March 8, 2018, it had 1 insider purchase, and 0 sales for $931,780 activity. Shares for $931,780 were bought by TOWNSEND CHARLES C.

Elk Creek Partners Llc decreased Orbital Atk Inc stake by 27,088 shares to 1,714 valued at $225,000 in 2017Q4. It also reduced Src Energy Inc stake by 132,832 shares and now owns 749,090 shares. Luminex Corp Del (NASDAQ:LMNX) was reduced too.

Gogo Inc. (NASDAQ:GOGO) Institutional Positions Chart