Symantec (SYMC) At $28.97 Forms Bottom; Clark Capital Management Group Has Raised Arrow Electrs (ARW) Stake By $1.69 Million

Symantec Corporation (SYMC) formed multiple bottom with $27.81 target or 4.00% below today’s $28.97 share price. Symantec Corporation (SYMC) has $17.96B valuation. The stock increased 0.21% or $0.06 during the last trading session, reaching $28.97. About 5.28M shares traded. Symantec Corporation (NASDAQ:SYMC) has risen 71.82% since January 5, 2017 and is uptrending. It has outperformed by 55.12% the S&P500.

Clark Capital Management Group Inc increased Arrow Electrs Inc (ARW) stake by 11.32% reported in 2017Q3 SEC filing. Clark Capital Management Group Inc acquired 21,160 shares as Arrow Electrs Inc (ARW)’s stock rose 0.57%. The Clark Capital Management Group Inc holds 208,032 shares with $16.73M value, up from 186,872 last quarter. Arrow Electrs Inc now has $7.30B valuation. The stock increased 1.21% or $0.99 during the last trading session, reaching $82.75. About 284,841 shares traded. Arrow Electronics, Inc. (NYSE:ARW) has risen 21.10% since January 5, 2017 and is uptrending. It has outperformed by 4.40% the S&P500.

Investors sentiment increased to 1.15 in Q3 2017. Its up 0.23, from 0.92 in 2017Q2. It improved, as 23 investors sold ARW shares while 110 reduced holdings. 49 funds opened positions while 104 raised stakes. 80.16 million shares or 1.84% less from 81.66 million shares in 2017Q2 were reported. 349,740 were reported by First Pacific Advsrs Lc. Credit Suisse Ag reported 136,323 shares stake. Verition Fund Mgmt Limited Liability Corporation has invested 0.3% of its portfolio in Arrow Electronics, Inc. (NYSE:ARW). Cambridge Investment Rech Inc reported 3,467 shares or 0% of all its holdings. Fdx Incorporated has 0.05% invested in Arrow Electronics, Inc. (NYSE:ARW). Cibc Mkts Inc has 5,826 shares. Jpmorgan Chase And Co owns 5.70M shares or 0.1% of their US portfolio. Twin Capital Mngmt holds 40,990 shares. 9,974 were accumulated by Paloma Management. Voya Lc has 0% invested in Arrow Electronics, Inc. (NYSE:ARW) for 24,770 shares. Manufacturers Life Insur The invested in 0.01% or 130,000 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0.01% of its portfolio in Arrow Electronics, Inc. (NYSE:ARW). Aviva Public Ltd Limited Liability Company holds 0.02% or 56,347 shares in its portfolio. Ativo Cap Management Llc holds 20,474 shares or 0.44% of its portfolio. Retirement Of Alabama reported 113,881 shares.

Among 10 analysts covering Arrow Electronics Inc. (NYSE:ARW), 6 have Buy rating, 1 Sell and 3 Hold. Therefore 60% are positive. Arrow Electronics Inc. had 17 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was upgraded by Zacks on Monday, August 31 to “Hold”. The firm has “Buy” rating by CLSA given on Wednesday, July 29. The rating was upgraded by Goldman Sachs to “Buy” on Monday, March 14. The rating was maintained by Goldman Sachs on Monday, May 9 with “Buy”. Stifel Nicolaus maintained it with “Buy” rating and $86.0 target in Sunday, September 10 report. Stifel Nicolaus maintained Arrow Electronics, Inc. (NYSE:ARW) rating on Monday, July 17. Stifel Nicolaus has “Buy” rating and $8600 target. The rating was upgraded by Longbow on Friday, January 22 to “Buy”. The firm earned “Buy” rating on Wednesday, October 4 by Stifel Nicolaus. CLSA downgraded Arrow Electronics, Inc. (NYSE:ARW) on Thursday, October 29 to “Outperform” rating. The rating was downgraded by SunTrust on Tuesday, January 3 to “Hold”.

Clark Capital Management Group Inc decreased Copa Holdings Sa (NYSE:CPA) stake by 58,065 shares to 2,218 valued at $276,000 in 2017Q3. It also reduced World Fuel Svcs Corp (NYSE:INT) stake by 39,593 shares and now owns 19,468 shares. Novo (NYSE:NVO) was reduced too.

Since August 10, 2017, it had 0 insider buys, and 2 selling transactions for $1.93 million activity. Kerins Sean J had sold 4,477 shares worth $345,445. The insider LONG MICHAEL J sold $1.59 million.

Since August 7, 2017, it had 0 insider purchases, and 16 sales for $47.91 million activity. Shares for $450,000 were sold by TAYLOR SCOTT C. Rosch Francis C had sold 14,804 shares worth $443,935. Cappellanti-Wolf Amy L. sold $64,566 worth of Symantec Corporation (NASDAQ:SYMC) on Friday, September 1. Another trade for 14,925 shares valued at $447,750 was sold by Noviello Nicholas R. 2,500 shares valued at $82,025 were sold by Vautrinot Suzanne M on Monday, October 2. Sands Anita M sold $67,016 worth of stock. Clark Gregory S. had sold 186,433 shares worth $5.59 million on Monday, August 28.

Among 29 analysts covering Symantec (NASDAQ:SYMC), 10 have Buy rating, 1 Sell and 18 Hold. Therefore 34% are positive. Symantec had 81 analyst reports since August 11, 2015 according to SRatingsIntel. On Friday, August 5 the stock rating was maintained by RBC Capital Markets with “Outperform”. The stock of Symantec Corporation (NASDAQ:SYMC) has “Hold” rating given on Tuesday, October 24 by KeyBanc Capital Markets. The stock of Symantec Corporation (NASDAQ:SYMC) earned “Buy” rating by Citigroup on Friday, August 19. Piper Jaffray maintained the shares of SYMC in report on Friday, October 13 with “Buy” rating. The firm has “Hold” rating given on Wednesday, September 6 by Cowen & Co. Morgan Stanley upgraded the stock to “Overweight” rating in Tuesday, December 15 report. Evercore initiated the stock with “Sell” rating in Thursday, April 14 report. On Thursday, May 11 the stock rating was upgraded by First Analysis to “Overweight”. The stock of Symantec Corporation (NASDAQ:SYMC) has “Hold” rating given on Thursday, August 3 by Robert W. Baird. RBC Capital Markets maintained it with “Outperform” rating and $30 target in Monday, January 30 report.