Insider Purchase: David Ritchie Picked up 4,500 Shares of American River Bankshares (AMRB); Vonage Holdings (VG) Shorts Decreased By 3.21%

Vonage Holdings Corp. (NYSE:VG) Logo

Vonage Holdings Corp (NYSE:VG) had a decrease of 3.21% in short interest. VG’s SI was 6.88M shares in May as released by FINRA. Its down 3.21% from 7.11M shares previously. With 1.82M avg volume, 4 days are for Vonage Holdings Corp (NYSE:VG)’s short sellers to cover VG’s short positions. The SI to Vonage Holdings Corp’s float is 3.27%. The stock increased 0.35% or $0.04 during the last trading session, reaching $11.47. About 1.05 million shares traded. Vonage Holdings Corp. (NYSE:VG) has risen 69.94% since May 5, 2017 and is uptrending. It has outperformed by 58.39% the S&P500.

Since January 10, 2018, it had 0 buys, and 9 insider sales for $27.74 million activity. GILVAR EDWARD M. also sold $121,406 worth of Vonage Holdings Corp. (NYSE:VG) shares. $5.04 million worth of Vonage Holdings Corp. (NYSE:VG) shares were sold by MASAREK ALAN. Citron Jeffrey A had sold 508,004 shares worth $5.37M on Monday, February 5. On Monday, March 19 LALA VINOD sold $311,529 worth of Vonage Holdings Corp. (NYSE:VG) or 29,388 shares. Shares for $106,214 were sold by KAHN VALERIE on Monday, March 19. The insider WYATT KENNETH sold $411,996.

Vonage Holdings Corp. provides communications services connecting people through cloud-connected devices worldwide. The company has market cap of $2.72 billion. It offers various business services, including basic dial tone, call queue, conferencing, call groups, mobile functionality, CRM integration, and detailed analytics, as well as Vonage Essential services. It currently has negative earnings. The firm also provides home telephone replacement services through various service plans with basic features, such as voicemail, call waiting, call forwarding, simulring, visual voicemail, and extensions, as well as area code selection, virtual phone number, and Web-enabled voicemail.

Among 11 analysts covering Vonage (NYSE:VG), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Vonage had 34 analyst reports since July 31, 2015 according to SRatingsIntel. The stock has “Buy” rating by William Blair on Thursday, February 22. The stock of Vonage Holdings Corp. (NYSE:VG) has “Buy” rating given on Tuesday, September 5 by Northland Capital. The stock of Vonage Holdings Corp. (NYSE:VG) has “Buy” rating given on Monday, September 12 by Dougherty & Company. Robert W. Baird initiated it with “Outperform” rating and $8 target in Wednesday, September 14 report. The company was maintained on Thursday, November 5 by Oppenheimer. Oppenheimer maintained the stock with “Buy” rating in Thursday, August 10 report. The firm has “Buy” rating by Oppenheimer given on Thursday, August 3. The firm has “Outperform” rating given on Thursday, February 22 by Robert W. Baird. The stock of Vonage Holdings Corp. (NYSE:VG) has “Sector Perform” rating given on Thursday, August 10 by FBN Securities. William Blair maintained Vonage Holdings Corp. (NYSE:VG) on Friday, May 5 with “Buy” rating.

Investors sentiment increased to 1.4 in Q4 2017. Its up 0.07, from 1.33 in 2017Q3. It improved, as 16 investors sold Vonage Holdings Corp. shares while 68 reduced holdings. 42 funds opened positions while 76 raised stakes. 186.23 million shares or 2.83% more from 181.10 million shares in 2017Q3 were reported. Boothbay Fund Ltd has invested 0.02% of its portfolio in Vonage Holdings Corp. (NYSE:VG). Moreover, Tci Wealth Advisors has 0% invested in Vonage Holdings Corp. (NYSE:VG). Guggenheim Capital Ltd Liability Com has invested 0% of its portfolio in Vonage Holdings Corp. (NYSE:VG). Pinebridge Investments L P owns 82,696 shares for 0.02% of their portfolio. Aqr Capital Management holds 120,098 shares. Arizona State Retirement Systems reported 349,751 shares. The Ohio-based Employees Retirement System Of Ohio has invested 0% in Vonage Holdings Corp. (NYSE:VG). First Quadrant L P Ca invested in 208,200 shares or 0.04% of the stock. Sg Americas Secs, a New York-based fund reported 237,955 shares. Renaissance Ltd Co invested in 274,626 shares. Swiss Retail Bank invested 0% in Vonage Holdings Corp. (NYSE:VG). Teacher Retirement Of Texas invested in 69,710 shares or 0% of the stock. Origin Asset Llp has 41,304 shares. Paloma Ptnrs Mgmt holds 0.01% in Vonage Holdings Corp. (NYSE:VG) or 102,411 shares. Alabama-based Regions Financial has invested 0% in Vonage Holdings Corp. (NYSE:VG).

Among 2 analysts covering American River Bankshares (NASDAQ:AMRB), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. American River Bankshares has $16.0 highest and $11.50 lowest target. $16’s average target is 1.85% above currents $15.71 stock price. American River Bankshares had 5 analyst reports since January 29, 2016 according to SRatingsIntel. Sandler O’Neill maintained the stock with “Hold” rating in Thursday, January 4 report. The rating was downgraded by Raymond James on Thursday, August 10 to “Underperform”. Raymond James downgraded the shares of AMRB in report on Friday, December 16 to “Mkt Perform” rating. The rating was downgraded by Sandler O’Neill to “Hold” on Thursday, November 10.

Since February 1, 2018, it had 2 insider buys, and 1 sale for $12,708 activity. On Monday, April 30 Ritchie David E Jr bought $38,515 worth of American River Bankshares (NASDAQ:AMRB) or 2,474 shares. Owensby Jeffrey had bought 1,445 shares worth $21,996. Another trade for 4,878 shares valued at $73,219 was sold by Bender Kevin.

Another recent and important American River Bankshares (NASDAQ:AMRB) news was published by which published an article titled: “American River Bankshares Schedules its Quarterly Conference Call” on April 12, 2018.

An insider of the company American River Bankshares, David Ritchie also its President & CEO, disclosed his investment activities with the SEC on 04/05/2018. As discovered in the document, David had purchased 4,500 shares of the California-based company. The total insider trading transaction was worth $69,908 U.S Dollars. At the time of the purchase the price of a share was $15.5. This is not his first insider trade, in the last 30 days, he purchased another 2,474 shares worth $38,515 USD. David Ritchie presently has in hand 18,637 shares or 0.31% of American River Bankshares’s market cap.

The stock increased 0.64% or $0.1 during the last trading session, reaching $15.71. About 11,755 shares traded or 18.73% up from the average. American River Bankshares (NASDAQ:AMRB) has risen 0.23% since May 5, 2017 and is uptrending. It has underperformed by 11.32% the S&P500.

Investors sentiment decreased to 1.17 in 2017 Q4. Its down 0.13, from 1.3 in 2017Q3. It dived, as 6 investors sold American River Bankshares shares while 6 reduced holdings. 3 funds opened positions while 11 raised stakes. 3.12 million shares or 2.96% less from 3.22 million shares in 2017Q3 were reported. Hilton Capital Mngmt Limited Com, a New York-based fund reported 30,055 shares. Bank Of America Corp De invested in 5,000 shares. Price Michael F invested in 24,950 shares or 0.05% of the stock. Banc Funds Co Limited Liability accumulated 0.25% or 352,419 shares. Firefly Value Prtnrs Lp stated it has 0.35% of its portfolio in American River Bankshares (NASDAQ:AMRB). Stifel Financial has 50,945 shares for 0% of their portfolio. Basswood Capital Lc owns 0.45% invested in American River Bankshares (NASDAQ:AMRB) for 635,735 shares. Moreover, Morgan Stanley has 0% invested in American River Bankshares (NASDAQ:AMRB) for 7,539 shares. Lpl Fincl Llc, a California-based fund reported 18,265 shares. Geode Capital Management Limited Liability reported 11,472 shares stake. Blackrock has invested 0% in American River Bankshares (NASDAQ:AMRB). Lsv Asset Management reported 12,028 shares. Maltese Capital Mgmt Lc has invested 0.58% in American River Bankshares (NASDAQ:AMRB). 10,000 were reported by Eidelman Virant Cap. Tower Research Cap Lc (Trc) reported 0% in American River Bankshares (NASDAQ:AMRB).

American River Bankshares operates as the holding firm for American River Bank that provides commercial banking services and products to small to mid-sized businesses in California. The company has market cap of $95.09 million. The firm accepts checking and savings deposits, money market deposit accounts, and certificates of deposits. It has a 31.42 P/E ratio. It also provides secured and unsecured commercial, secured real estate, and other installment and term loans, as well as other customary banking services.

Vonage Holdings Corp. (NYSE:VG) Institutional Positions Chart