Independence Holding Company (IHC) At $28.70 Forms Top; Shorts at Logmein (LOGM) Lowered By 0.25%

Independence Holding Company (IHC) formed multiple top with $30.14 target or 5.00% above today’s $28.70 share price. Independence Holding Company (IHC) has $426.55M valuation. The stock increased 0.35% or $0.1 during the last trading session, reaching $28.7. About 6,569 shares traded. Independence Holding Company (NYSE:IHC) has risen 12.78% since March 3, 2017 and is uptrending. It has underperformed by 3.92% the S&P500.

Logmein Inc (NASDAQ:LOGM) had a decrease of 0.25% in short interest. LOGM’s SI was 2.96 million shares in March as released by FINRA. Its down 0.25% from 2.97M shares previously. With 441,000 avg volume, 7 days are for Logmein Inc (NASDAQ:LOGM)’s short sellers to cover LOGM’s short positions. The SI to Logmein Inc’s float is 5.73%. The stock increased 2.05% or $2.4 during the last trading session, reaching $119.45. About 505,185 shares traded. LogMeIn, Inc. (NASDAQ:LOGM) has risen 101.86% since March 3, 2017 and is uptrending. It has outperformed by 85.16% the S&P500.

Investors sentiment increased to 1.33 in Q3 2017. Its up 0.31, from 1.02 in 2017Q2. It improved, as 33 investors sold LogMeIn, Inc. shares while 100 reduced holdings. 50 funds opened positions while 127 raised stakes. 51.03 million shares or 4.65% more from 48.76 million shares in 2017Q2 were reported. California State Teachers Retirement Systems, California-based fund reported 84,715 shares. Teachers Retirement Sys Of The State Of Kentucky stated it has 21,155 shares. Kings Point Cap Mngmt has 0.28% invested in LogMeIn, Inc. (NASDAQ:LOGM). King Luther Cap invested 0.01% of its portfolio in LogMeIn, Inc. (NASDAQ:LOGM). Sheets Smith Wealth Management accumulated 0.07% or 2,642 shares. Fin Mngmt has 0% invested in LogMeIn, Inc. (NASDAQ:LOGM). Reliance Tru Of Delaware reported 0.03% stake. Geode Limited Liability Corp, a Massachusetts-based fund reported 451,031 shares. Castleark Mngmt Lc owns 0.21% invested in LogMeIn, Inc. (NASDAQ:LOGM) for 59,555 shares. Qci Asset Inc New York has 48 shares. Conatus L P reported 4.98% of its portfolio in LogMeIn, Inc. (NASDAQ:LOGM). Adirondack Research & Management has invested 0.26% in LogMeIn, Inc. (NASDAQ:LOGM). Rk Cap Mngmt Limited Com reported 103,416 shares. Bank & Trust Of America De owns 0.01% invested in LogMeIn, Inc. (NASDAQ:LOGM) for 331,652 shares. Champlain Partners Ltd Co accumulated 1.37M shares.

Among 13 analysts covering LogMeIn (NASDAQ:LOGM), 11 have Buy rating, 0 Sell and 2 Hold. Therefore 85% are positive. LogMeIn had 48 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of LogMeIn, Inc. (NASDAQ:LOGM) has “Buy” rating given on Thursday, July 27 by Northland Capital. On Friday, July 24 the stock rating was maintained by RBC Capital Markets with “Outperform”. Barclays Capital maintained LogMeIn, Inc. (NASDAQ:LOGM) rating on Friday, October 27. Barclays Capital has “Overweight” rating and $142 target. Piper Jaffray maintained LogMeIn, Inc. (NASDAQ:LOGM) rating on Monday, October 23. Piper Jaffray has “Buy” rating and $170.0 target. The firm has “Strong Buy” rating by Needham given on Friday, October 14. The firm earned “Buy” rating on Thursday, September 21 by Needham. Oppenheimer maintained LogMeIn, Inc. (NASDAQ:LOGM) on Friday, July 28 with “Hold” rating. The stock has “Outperform” rating by Cowen & Co on Friday, April 7. Dougherty & Company maintained LogMeIn, Inc. (NASDAQ:LOGM) on Friday, April 29 with “Buy” rating. The rating was upgraded by TheStreet to “Hold” on Tuesday, August 25.

LogMeIn, Inc. provides cloud-based services for individuals and businesses to securely connect to their workplace, colleagues, and customers. The company has market cap of $6.26 billion. The firm offers GoToMeeting, a secure product for online meetings, sales demonstrations, and collaborative gatherings; GoToTraining, a secure online training product for interactive training sessions; GoToWebinar, a do-it-yourself Webinar product for organizations to enhance market reach; join.me, join.me pro, and join.me enterprise that are browser online meeting and screen sharing services; OpenVoice, a reservation-less audio conferencing service; Grasshopper, a well-known provider of cloud telephony solutions; and BoldChat, a Web live chat service. It has a 61.89 P/E ratio. It also provides GoToAssist, GoToAssist Corporate, and GoToAssist Seeit, which offer cloud IT support solutions to deliver uptime for people and their computers, mobile devices, and apps; LogMeIn Rescue, Rescue Lens, and LogMeIn Rescue+Mobile, which are Web remote support and customer care services offering remote support; and Xively, an IoT cloud platform and connected product management solution.

Since September 11, 2017, it had 0 insider purchases, and 2 sales for $2.58 million activity. Shares for $2.24M were sold by Simon Michael K. $336,591 worth of stock was sold by Benson Steven J. on Wednesday, September 13.

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