RigNet, Inc. (RNET) Trades at $14.90 After Triangle; Shelton Capital Management Lowered Fiserv (FISV) Position

Shelton Capital Management decreased Fiserv Inc (FISV) stake by 19.64% reported in 2017Q3 SEC filing. Shelton Capital Management sold 4,536 shares as Fiserv Inc (FISV)’s stock rose 7.77%. The Shelton Capital Management holds 18,557 shares with $2.39 million value, down from 23,093 last quarter. Fiserv Inc now has $27.51 billion valuation. The stock increased 0.38% or $0.5 during the last trading session, reaching $131.99. About 579,043 shares traded. Fiserv, Inc. (NASDAQ:FISV) has risen 18.57% since December 29, 2016 and is uptrending. It has outperformed by 1.87% the S&P500.

RigNet, Inc. (RNET) formed triangle with $15.65 target or 5.00% above today’s $14.90 share price. RigNet, Inc. (RNET) has $271.56M valuation. The stock decreased 3.25% or $0.5 during the last trading session, reaching $14.9. About 22,546 shares traded. RigNet, Inc. (NASDAQ:RNET) has risen 36.15% since December 29, 2016 and is uptrending. It has outperformed by 19.45% the S&P500.

Shelton Capital Management increased Kellogg Co (NYSE:K) stake by 54,500 shares to 301,416 valued at $18.80 million in 2017Q3. It also upped Cvs Health Corp (NYSE:CVS) stake by 8,574 shares and now owns 52,860 shares. Alphabet Inc was raised too.

Among 22 analysts covering Fiserv (NASDAQ:FISV), 9 have Buy rating, 1 Sell and 12 Hold. Therefore 41% are positive. Fiserv had 44 analyst reports since July 30, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Hold” rating and $128.0 target in Friday, October 6 report. On Tuesday, October 10 the stock rating was maintained by Robert W. Baird with “Buy”. Barclays Capital maintained the shares of FISV in report on Thursday, July 30 with “Equal Weight” rating. RBC Capital Markets maintained the shares of FISV in report on Thursday, July 30 with “Sector Perform” rating. As per Friday, October 7, the company rating was initiated by Cantor Fitzgerald. The firm has “Hold” rating given on Tuesday, May 30 by RBC Capital Markets. Barclays Capital maintained the stock with “Equal-Weight” rating in Wednesday, August 2 report. The firm has “Outperform” rating given on Friday, October 28 by Robert W. Baird. The stock of Fiserv, Inc. (NASDAQ:FISV) has “Buy” rating given on Monday, July 17 by Guggenheim. The rating was downgraded by Oppenheimer to “Perform” on Monday, March 21.

Investors sentiment decreased to 0.73 in 2017 Q3. Its down 0.02, from 0.75 in 2017Q2. It worsened, as 41 investors sold FISV shares while 269 reduced holdings. 47 funds opened positions while 179 raised stakes. 180.11 million shares or 0.28% less from 180.62 million shares in 2017Q2 were reported. Vanguard accumulated 21.27 million shares. Beck Mack And Oliver Limited Liability Company reported 31,110 shares or 0.13% of all its holdings. Tributary Capital Management Ltd Limited Liability Company has invested 0.16% in Fiserv, Inc. (NASDAQ:FISV). Td Asset Mgmt Inc holds 689,534 shares. Ww Asset owns 20,782 shares. Campbell Newman Asset Mngmt Inc holds 12,624 shares. Voya Inv Management Limited Liability Corp holds 2.03M shares or 0.56% of its portfolio. Whitnell And holds 2.99% or 53,182 shares in its portfolio. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mngmt Corp invested in 60,900 shares or 0.07% of the stock. Fifth Third Bancorp reported 0.07% in Fiserv, Inc. (NASDAQ:FISV). Caisse De Depot Et Placement Du Quebec invested 0.01% of its portfolio in Fiserv, Inc. (NASDAQ:FISV). Boston Private Wealth Limited Liability Company holds 3,630 shares. 9,102 were accumulated by Howland Ltd Liability Corp. D Scott Neal Incorporated owns 0.01% invested in Fiserv, Inc. (NASDAQ:FISV) for 168 shares. Cambridge Invest Rech Advsr invested in 0.04% or 25,612 shares.

Since August 23, 2017, it had 0 buys, and 6 selling transactions for $8.90 million activity. ROBAK KIM M also sold $762,683 worth of Fiserv, Inc. (NASDAQ:FISV) on Monday, September 18. The insider VIELEHR BYRON C sold $1.31 million. Schultz Kevin J had sold 3,439 shares worth $452,263 on Monday, December 11. Another trade for 17,000 shares valued at $2.13M was sold by YABUKI JEFFERY W.

Analysts await Fiserv, Inc. (NASDAQ:FISV) to report earnings on February, 14. They expect $1.37 earnings per share, up 18.10% or $0.21 from last year’s $1.16 per share. FISV’s profit will be $285.51M for 24.09 P/E if the $1.37 EPS becomes a reality. After $1.27 actual earnings per share reported by Fiserv, Inc. for the previous quarter, Wall Street now forecasts 7.87% EPS growth.

Among 3 analysts covering RigNet (NASDAQ:RNET), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. RigNet had 6 analyst reports since August 5, 2015 according to SRatingsIntel. The company was maintained on Wednesday, August 16 by Piper Jaffray. The stock of RigNet, Inc. (NASDAQ:RNET) earned “Buy” rating by Sidoti on Monday, August 31. Sidoti upgraded RigNet, Inc. (NASDAQ:RNET) on Tuesday, June 28 to “Buy” rating. Sidoti downgraded the stock to “Neutral” rating in Tuesday, November 10 report. The firm has “Hold” rating given on Wednesday, August 5 by Oppenheimer.

Since September 6, 2017, it had 0 insider purchases, and 1 sale for $48,755 activity. $48,755 worth of RigNet, Inc. (NASDAQ:RNET) shares were sold by Davis Charles Louis IV.