Edgewater Technology, Inc. (EDGW) Is At $6.00 Formed Wedge; Westamerica Bancorporation (WABC) Had 0 Bulls

Among 5 analysts covering Westamerica Bancorporation (NASDAQ:WABC), 0 have Buy rating, 2 Sell and 3 Hold. Therefore 0 are positive. Westamerica Bancorporation had 14 analyst reports since August 17, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, January 18. The stock has “Sell” rating by Sandler O’Neill on Thursday, January 18. The firm has “Hold” rating by Maxim Group given on Friday, July 21. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, December 21 report. The firm has “Sell” rating by Zacks given on Monday, August 31. As per Monday, December 18, the company rating was maintained by BMO Capital Markets. Keefe Bruyette & Woods maintained the shares of WABC in report on Monday, June 26 with “Hold” rating. The firm earned “Sell” rating on Thursday, January 4 by Sandler O’Neill. BMO Capital Markets maintained Westamerica Bancorporation (NASDAQ:WABC) rating on Tuesday, October 3. BMO Capital Markets has “Sell” rating and $45.0 target. The stock of Westamerica Bancorporation (NASDAQ:WABC) has “Sell” rating given on Monday, August 17 by Zacks. See Westamerica Bancorporation (NASDAQ:WABC) latest ratings:

18/01/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $59.0 Maintain
18/01/2018 Broker: Sandler O’Neill Rating: Sell New Target: $57.0 Maintain
04/01/2018 Broker: Sandler O’Neill Rating: Sell New Target: $54.0 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $58.0 Maintain
18/12/2017 Broker: BMO Capital Markets Rating: Sell New Target: $43.0 Maintain
03/10/2017 Broker: BMO Capital Markets Rating: Sell New Target: $45.0 Maintain

Edgewater Technology, Inc. (EDGW) formed wedge down with $5.58 target or 7.00% below today’s $6.00 share price. Edgewater Technology, Inc. (EDGW) has $84.09 million valuation. The stock increased 1.35% or $0.08 during the last trading session, reaching $6. About 36,819 shares traded or 188.82% up from the average. Edgewater Technology, Inc. (NASDAQ:EDGW) has declined 14.34% since February 10, 2017 and is downtrending. It has underperformed by 31.04% the S&P500.

Westamerica Bancorporation operates as a bank holding firm for Westamerica Bank that provides various banking services and products to individual and commercial clients in Northern and Central California. The company has market cap of $1.51 billion. The firm accepts various deposit products, including retail savings and checking accounts; interest and non-interest bearing demand deposits; money market checking deposits; and certificates of deposit, as well as invests in securities. It has a 30.23 P/E ratio. The Company’s loan portfolio includes commercial, commercial real estate, real estate construction, residential real estate, and consumer installment loans, as well as other loans primarily comprising indirect automobile loans.

Investors sentiment decreased to 0.96 in Q3 2017. Its down 0.34, from 1.3 in 2017Q2. It dived, as 9 investors sold Westamerica Bancorporation shares while 39 reduced holdings. 9 funds opened positions while 37 raised stakes. 22.22 million shares or 2.68% more from 21.64 million shares in 2017Q2 were reported. 64,300 were reported by New York State Common Retirement Fund. Natixis reported 0% stake. Pinebridge Invs Lp has invested 0.07% in Westamerica Bancorporation (NASDAQ:WABC). Jpmorgan Chase & holds 881,766 shares. Gemmer Asset Mngmt Limited Liability reported 632 shares stake. California-based Whittier Tru has invested 0.03% in Westamerica Bancorporation (NASDAQ:WABC). Geode Management Ltd Llc owns 237,878 shares. Ubs Asset Mngmt Americas Inc invested in 12,035 shares or 0% of the stock. 8,100 were accumulated by Renaissance Technologies Ltd Com. Louisiana State Employees Retirement System accumulated 0.03% or 10,700 shares. Oppenheimer Asset Inc holds 0% or 2,452 shares in its portfolio. Pnc Fincl Services Grp Inc has 1,308 shares for 0% of their portfolio. Credit Suisse Ag holds 0% or 34,248 shares in its portfolio. State Of Alaska Department Of Revenue reported 0.02% stake. Thrivent Fin For Lutherans holds 0% or 15,990 shares in its portfolio.

Since October 26, 2017, it had 0 buys, and 6 insider sales for $5.81 million activity. Shares for $733,148 were sold by THORSON JOHN A. 6,000 shares valued at $353,149 were sold by SCHNECK JAMES J on Thursday, October 26. SYLVESTER EDWARD B also sold $304,669 worth of Westamerica Bancorporation (NASDAQ:WABC) shares. 18,400 shares valued at $1.09 million were sold by HANSEN DENNIS R on Friday, October 27.