Christopher Micklas Bought 22,356 Shares of Houston Wire & Cable Company (HWCC); Sabby Management Has Lowered Its Egalet (EGLT) Stake

Houston Wire & Cable Company (NASDAQ:HWCC) Logo

Sabby Management Llc decreased Egalet Corp (EGLT) stake by 89.77% reported in 2017Q4 SEC filing. Sabby Management Llc sold 647,258 shares as Egalet Corp (EGLT)’s stock declined 39.92%. The Sabby Management Llc holds 73,792 shares with $74,000 value, down from 721,050 last quarter. Egalet Corp now has $26.22M valuation. The stock decreased 12.21% or $0.069 during the last trading session, reaching $0.496. About 2.24 million shares traded or 160.18% up from the average. Egalet Corporation (NASDAQ:EGLT) has declined 87.31% since May 16, 2017 and is downtrending. It has underperformed by 98.86% the S&P500.

Analysts await Egalet Corporation (NASDAQ:EGLT) to report earnings on August, 8. They expect $-0.26 EPS, up 75.00% or $0.78 from last year’s $-1.04 per share. After $-0.26 actual EPS reported by Egalet Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 5 analysts covering Egalet Ltd (NASDAQ:EGLT), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Egalet Ltd had 15 analyst reports since November 4, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, September 11 by Cantor Fitzgerald. On Tuesday, May 8 the stock rating was downgraded by Cantor Fitzgerald to “Hold”. The firm has “Buy” rating by Cantor Fitzgerald given on Tuesday, June 13. Cantor Fitzgerald maintained Egalet Corporation (NASDAQ:EGLT) on Friday, August 25 with “Buy” rating. Stifel Nicolaus downgraded Egalet Corporation (NASDAQ:EGLT) on Wednesday, January 3 to “Hold” rating. The rating was maintained by JMP Securities with “Buy” on Friday, June 9. The stock of Egalet Corporation (NASDAQ:EGLT) has “Market Outperform” rating given on Friday, July 14 by JMP Securities. The stock of Egalet Corporation (NASDAQ:EGLT) has “Buy” rating given on Wednesday, November 8 by Cantor Fitzgerald. Cantor Fitzgerald maintained it with “Buy” rating and $3.5 target in Monday, March 12 report. The firm has “Buy” rating by Cantor Fitzgerald given on Wednesday, June 7.

More news for Egalet Corporation (NASDAQ:EGLT) were recently published by: Seekingalpha.com, which released: “FDA OKs first non-opioid treatment for opioid withdrawal” on May 16, 2018. Seekingalpha.com‘s article titled: “Egalet’s (EGLT) CEO Bob Radie on Q1 2018 Results – Earnings Call Transcript” and published on May 09, 2018 is yet another important article.

Sabby Management Llc increased Amicus Therapeutics Inc (Put) stake by 1,500 shares to 2,000 valued at $2.88 million in 2017Q4. It also upped Histogenics Corp. stake by 473,393 shares and now owns 955,060 shares. Bristol Myers Squibb Co (Put) was raised too.

Investors sentiment decreased to 0.47 in 2017 Q4. Its down 0.11, from 0.58 in 2017Q3. It is negative, as 13 investors sold EGLT shares while 17 reduced holdings. 6 funds opened positions while 8 raised stakes. 13.62 million shares or 32.80% less from 20.27 million shares in 2017Q3 were reported. Wells Fargo Co Mn holds 0% or 978 shares. 430,103 were accumulated by Blackrock Inc. Virtu Limited Liability Corp has invested 0% in Egalet Corporation (NASDAQ:EGLT). J Goldman Company Lp reported 0% stake. Janney Montgomery Scott Limited Company reported 22,159 shares stake. 7 are held by Royal Commercial Bank Of Canada. Florida-based Raymond James Advsr has invested 0% in Egalet Corporation (NASDAQ:EGLT). Pnc Services Grp Incorporated has 400 shares. Alyeska Inv Group Incorporated LP holds 0.01% or 842,402 shares in its portfolio. Barclays Public Limited Co, a United Kingdom-based fund reported 65 shares. 73,792 are held by Sabby Management Ltd Limited Liability Company. Morgan Stanley holds 0% in Egalet Corporation (NASDAQ:EGLT) or 3,410 shares. Vanguard Grp Incorporated has invested 0% in Egalet Corporation (NASDAQ:EGLT). Atlantic Trust Grp Inc Limited has 0% invested in Egalet Corporation (NASDAQ:EGLT) for 15,000 shares. Lpl Fincl Ltd Liability Com holds 0% or 10,300 shares in its portfolio.

The stock increased 2.55% or $0.2 during the last trading session, reaching $8.05. About 153,038 shares traded or 246.47% up from the average. Houston Wire & Cable Company (NASDAQ:HWCC) has risen 11.28% since May 17, 2017 and is uptrending. It has underperformed by 0.27% the S&P500.

More news for Houston Wire & Cable Company (NASDAQ:HWCC) were recently published by: Seekingalpha.com, which released: “Houston Wire & Cable’s (HWCC) CEO Jim Pokluda on Q1 2018 Results – Earnings Call Transcript” on May 12, 2018. Nasdaq.com‘s article titled: “Houston Wire & Cable Company Announces First Quarter 2018 Earnings Conference Call” and published on May 03, 2018 is yet another important article.

Among 2 analysts covering Houston Wire & Cable Company (NASDAQ:HWCC), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Houston Wire & Cable Company has $9 highest and $5 lowest target. $5’s average target is -37.89% below currents $8.05 stock price. Houston Wire & Cable Company had 6 analyst reports since August 7, 2015 according to SRatingsIntel. Raymond James upgraded the shares of HWCC in report on Tuesday, August 18 to “Market Perform” rating. The stock has “Hold” rating by Zacks on Friday, August 7. The firm has “Sector Weight” rating given on Thursday, December 1 by KeyBanc Capital Markets.

Since March 22, 2018, it had 2 buys, and 0 selling transactions for $54,342 activity. $27,673 worth of Houston Wire & Cable Company (NASDAQ:HWCC) was bought by HALEY ROY W.

22,356 shares of Houston Wire & Cable Co were purchased by Christopher Micklas, the firm’s VP & CFO. The company’s shares are valued at precisely $176,726 which has been calculated on the basis of the average transactions stock price ($7.9 per share). Christopher Micklas presently holds 48,500 shares or 0.29% of Houston Wire & Cable Co’s market cap.

Houston Wire & Cable Company, through its subsidiaries, sells electrical and mechanical wire and cable, industrial fasteners, hardware, and related services in the United States. The company has market cap of $132.67 million. It offers wire and cable products, including continuous and interlocked armor cables; control and power cables; electronic wires and cables; flexible and portable cords; instrumentation and thermocouple cables; lead and high temperature cables; medium voltage cables; and premise and category wires and cables, primary and secondary aluminum distribution cables, and steel wire ropes and wire rope slings, as well as synthetic fiber rope slings, chains, shackles, and other related hardware and corrosion resistant products. It currently has negative earnings. The firm also provides private branded products comprising its proprietary brand LifeGuard, a low-smoke zero-halogen cable.

Investors sentiment increased to 1.22 in Q4 2017. Its up 0.55, from 0.67 in 2017Q3. It improved, as 7 investors sold Houston Wire & Cable Company shares while 11 reduced holdings. 9 funds opened positions while 13 raised stakes. 10.07 million shares or 1.77% less from 10.25 million shares in 2017Q3 were reported. Geode Cap Management Limited has invested 0% in Houston Wire & Cable Company (NASDAQ:HWCC). Jacobs Levy Equity Mgmt Inc, a New Jersey-based fund reported 19,197 shares. Dimensional Fund L P has 1.01 million shares for 0% of their portfolio. Menta Cap Lc accumulated 0.12% or 85,126 shares. Brandes Invest Prtn Limited Partnership reported 0.07% in Houston Wire & Cable Company (NASDAQ:HWCC). Royal National Bank & Trust Of Canada stated it has 0% in Houston Wire & Cable Company (NASDAQ:HWCC). Bank Of Mellon Corp owns 182,085 shares or 0% of their US portfolio. Moreover, California Public Employees Retirement Sys has 0% invested in Houston Wire & Cable Company (NASDAQ:HWCC). Renaissance Technologies Ltd Liability Corporation holds 0% or 153,500 shares in its portfolio. Ameriprise Financial invested in 639,824 shares. Ancora Advsr Limited Liability Co reported 0.22% of its portfolio in Houston Wire & Cable Company (NASDAQ:HWCC). Wells Fargo Communications Mn holds 15,690 shares. Prelude Cap Mngmt Limited Co has 596 shares. Pennsylvania-based Vanguard has invested 0% in Houston Wire & Cable Company (NASDAQ:HWCC). Fmr Ltd Liability Company has invested 0% in Houston Wire & Cable Company (NASDAQ:HWCC).

Houston Wire & Cable Company (NASDAQ:HWCC) Institutional Positions Chart