Cortland Bancorp (CLDB)’s Stock Insider Trade – Joseph Koch Acquired 35 Shares; Scansource (SCSC) Sentiment Is 1.01

ScanSource, Inc. (NASDAQ:SCSC) Logo

Sentiment for Scansource Inc (SCSC)

Scansource Inc (SCSC) investors sentiment decreased to 1.01 in 2017 Q4. It’s down -0.25, from 1.26 in 2017Q3. The ratio worsened, as 72 hedge funds opened new or increased positions, while 71 sold and decreased their positions in Scansource Inc. The hedge funds in our database now own: 23.77 million shares, down from 23.93 million shares in 2017Q3. Also, the number of hedge funds holding Scansource Inc in top ten positions was flat from 0 to 0 for the same number . Sold All: 20 Reduced: 51 Increased: 49 New Position: 23.

It closed at $34.6 lastly. It is up 9.39% since April 6, 2017 and is downtrending. It has underperformed by 20.94% the S&P500.

Since January 1, 0001, it had 0 insider buys, and 1 sale for $238,053 activity.

Profit Investment Management Llc holds 1.13% of its portfolio in ScanSource, Inc. for 41,260 shares. Canal Insurance Co owns 65,400 shares or 0.83% of their US portfolio. Moreover, Smith Graham & Co. Investment Advisors Lp has 0.74% invested in the company for 218,639 shares. The Maryland-based Hussman Strategic Advisors Inc. has invested 0.54% in the stock. Capital Management Associates Ny, a New York-based fund reported 9,500 shares.

Analysts await ScanSource, Inc. (NASDAQ:SCSC) to report earnings on May, 8. They expect $0.70 EPS, up 7.69% or $0.05 from last year’s $0.65 per share. SCSC’s profit will be $17.90 million for 12.36 P/E if the $0.70 EPS becomes a reality. After $0.90 actual EPS reported by ScanSource, Inc. for the previous quarter, Wall Street now forecasts -22.22% negative EPS growth.

ScanSource, Inc. distributes technology products and solutions in North America, Latin America, and Europe. The company has market cap of $884.77 million. The companyÂ’s Worldwide Barcode, Networking & Security segment focuses on automatic identification and data capture , point-of-sale (POS), networking, electronic physical security, 3D printing, and other specialty technologies. It has a 20.36 P/E ratio. The Company’s AIDC and POS products are used to automate the collection, processing, and communication of information for commercial and industrial applications, such as retail sales, distribution, shipping, inventory control, materials handling, warehouse management, and health care applications; electronic physical security products, including identification, access control, video surveillance, intrusion-related, wireless, and networking infrastructure products; and 3D printing solutions to replace and complement traditional methods, as well as reduce the time and cost of designing new products.

A document filed with the Washington-based SEC on 05-04-2018 informed us that Joseph Koch, the director of Cortland Bancorp Inc, ‘s company bought 35 shares. With average market share price of $23.0, the transaction’s sum is $803 U.S. Dollars. It seems he is very active lately as in the last 30 days, he quietly bought additional 32 shares of the company, worth $810 USD. Currently, Mr. Joseph, holds 11,736 shares, which accounts for 0.27% of the Company’s market cap.

Since January 2, 2018, it had 24 insider buys, and 0 selling transactions for $22,571 activity. THOMPSON RICHARD B bought $1,011 worth of stock. On Tuesday, January 2 the insider Vross Anthony R bought $1,008. Another trade for 71 shares valued at $1,491 was made by WOOFTER TIMOTHY K on Tuesday, January 2. Another trade for 38 shares valued at $798 was made by KABACK NEIL J on Tuesday, January 2. The insider Langhenry Joseph P bought 37 shares worth $796. Koch Joseph E also bought $796 worth of Cortland Bancorp (OTCMKTS:CLDB) shares. Another trade for 32 shares valued at $810 was bought by HOFFMAN JAMES E III.

Investors sentiment increased to Infinity in Q4 2017. Its up Infinity, from 1 in 2017Q3. It improved, as 0 investors sold Cortland Bancorp shares while 0 reduced holdings. 1 funds opened positions while 1 raised stakes. 53,338 shares or 185.67% more from 18,671 shares in 2017Q3 were reported. Farmers Trust Company invested 0.08% of its portfolio in Cortland Bancorp (OTCMKTS:CLDB). Maltese Mngmt Limited Liability Corp owns 6,998 shares. Huntington Fincl Bank has 0% invested in Cortland Bancorp (OTCMKTS:CLDB).

It closed at $22.95 lastly. It is down 0.00% since April 6, 2017 and is . It has underperformed by 11.55% the S&P500.

ScanSource, Inc. (NASDAQ:SCSC) Institutional Positions Chart