Marathon Partners Equity Management Llc Trimmed Its Position in Shutterfly Inc (NASDAQ:SFLY) as Price Rose

May 17, 2018 - By James Rodriguez

Shutterfly, Inc. (NASDAQ:SFLY) Corporate LogoDuring 2017 Q4 the big money sentiment increased to 1.09. That’s change of 0.08, from 2017Q3’s 1.01. 23 investors sold all, 54 reduced holdings as SFLY ratio is positive. 54 grew positions while 30 funds took positions. Funds hold 33.16 million shares thus 0.61% less from 2017Q3’s 33.36 million shares. Assetmark holds 0% of its capital in Shutterfly, Inc. (NASDAQ:SFLY) for 11 shs. Art Advsr Lc reported 14,262 shs. The Minnesota-based Ameriprise Finance Inc has invested 0% in Shutterfly, Inc. (NASDAQ:SFLY). State Board Of Administration Of Florida Retirement owns 23,019 shs. First Interstate Bancorporation has 388 shs for 0% of their capital. Deutsche Bancorp Ag invested in 301,107 shs or 0.01% of the stock. 8,540 are held by Mason Street Advisors Ltd Limited Liability Company. Parallax Volatility Advisers Lp invested in 76,434 shs or 0.01% of the stock. P2 Cap Prns Limited Liability Com reported 9.14% in Shutterfly, Inc. (NASDAQ:SFLY). Canada Pension Plan Board stated it has 57,540 shs. Alliancebernstein Limited Partnership has 0% invested in Shutterfly, Inc. (NASDAQ:SFLY) for 57,005 shs. Point72 Asset Mgmt Limited Partnership reported 298,754 shs. Price T Rowe Assoc Md accumulated 0% or 253,487 shs. Bessemer Grp owns 1,800 shs for 0% of their capital. Rafferty Asset Mngmt Limited Liability reported 0.01% in Shutterfly, Inc. (NASDAQ:SFLY).

SFLY registered $31.64 million net activity with 0 insider purchases and 23 selling transactions since December 30, 2017. $1.37 million worth of Shutterfly, Inc. (NASDAQ:SFLY) was sold by Black Dwayne A. 43,975 shs were sold by Anderson Michele, worth $3.67 million. LAYNEY TRACY had sold 4,742 shs worth $354,695 on Friday, February 16. On Monday, March 5 $1.53M worth of Shutterfly, Inc. (NASDAQ:SFLY) was sold by MENON SATISH. $47,057 worth of Shutterfly, Inc. (NASDAQ:SFLY) was sold by BLACKWOOD-KAPRAL LISA. The insider Swette Brian sold 13,401 shs worth $1.02M.

Mario Cibelli decreased its stake by 60% in Shutterfly Inc (NASDAQ:SFLY), according to 2018Q1 SEC filling. 255,000 shares were sold by Marathon Partners Equity Management Llc as the company’s stock rose 74.27% while stock markets declined. At the end of 2018Q1, the 170,000 shares of the miscellaneous company held by the hedge fund run by Mario Cibelli were priced at $13.81 million, down from 425,000 at the end of the previous reported quarter. Marathon Partners Equity Management Llc has risen its stake in and also increased its holding in by shares in the quarter, for a total of shares.

Marathon Partners (Cibelli Capital Management) is found in New York City and is overseen by Mario Cibelli. Mario Cibelli’s trust has a little value portfolio that has its eyes on the administrations and shopper merchandise divisions. Marathon Partners Equity Management Llc is a New York-based hedge fund that was founded by Mario Cibelli. It had more than $276.74 million assets under management in November, 2014. Taken from Marathon Partners Equity Management latest Adv, the fund reported to have 6 full and part-time employees. Among which 6 performing investment advisory and research functions. The hedge fund had between 1-10 clients.

Shutterfly, Inc. (NASDAQ:SFLY) Ratings Coverage

In total 2 analysts cover Shutterfly (NASDAQ:SFLY). “Buy” rating has 1, “Sell” are 0, while 1 are “Hold”. (NASDAQ:SFLY) has 50% bullish analysts. With $10000 highest and $46.0 lowest PT, Shutterfly has $73 average PT or -22.33% below the current ($93.99) price. 5 are the (NASDAQ:SFLY)’s ratings reports on May 17, 2018 according to StockzIntelligence Inc. The stock rating was maintained by SunTrust with “Buy” on Tuesday, January 30. On Wednesday, January 17 Goldman Sachs downgraded the shares of SFLY in report to “Sell” rating. On Wednesday, May 2 the firm earned “Neutral” rating by Goldman Sachs. On Tuesday, May 8 SunTrust maintained the shares of SFLY in report with “Buy” rating. On Friday, January 12 the stock of Shutterfly, Inc. (NASDAQ:SFLY) earned “Buy” rating by SunTrust.

Shutterfly, Inc. manufactures and retails personalized services and products primarily in the United States and Canada, as well as in the European Community.The company has $3.12 billion market cap. The firm operates through Consumer and Shutterfly Business Solutions divisions.The P/E ratio is 106.81. It offers a range of personalized photo services and products that enable clients to upload, edit, enhance, organize, find, share, create, print, and preserve their memories.

Shutterfly, Inc. (NASDAQ:SFLY) Institutional Investors Chart

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