Shutterfly INC (SFLY) Shareholder Hhr Asset Management LLC Lowered Holding by $9.03 Million

Shutterfly, Inc. (NASDAQ:SFLY) LogoInvestors sentiment increased to 1.65 in Q2 2018. Its up 0.25, from 1.4 in 2018Q1. It improved, as 21 investors sold SFLY shares while 56 reduced holdings. 57 funds opened positions while 70 raised stakes. 35.18 million shares or 0.38% less from 35.31 million shares in 2018Q1 were reported. Bluemountain Llc reported 23,949 shares stake. Moreover, Nine Masts Cap Limited has 0.37% invested in Shutterfly, Inc. (NASDAQ:SFLY). Northeast Invest Mgmt stated it has 0.02% of its portfolio in Shutterfly, Inc. (NASDAQ:SFLY). Moreover, Oppenheimer Asset Mngmt has 0.01% invested in Shutterfly, Inc. (NASDAQ:SFLY) for 2,924 shares. Thrivent For Lutherans reported 0.01% stake. Quantitative Systematic Strategies Llc has 0.14% invested in Shutterfly, Inc. (NASDAQ:SFLY). Prudential Pcl invested 0.01% in Shutterfly, Inc. (NASDAQ:SFLY). Arrowstreet Cap Ltd Partnership owns 774,954 shares. Connor Clark Lunn invested in 0.01% or 20,225 shares. The Illinois-based Guggenheim Cap Lc has invested 0.01% in Shutterfly, Inc. (NASDAQ:SFLY). Legal And General Group Public Limited Company has 0.01% invested in Shutterfly, Inc. (NASDAQ:SFLY). Connors Investor Serv reported 0.43% of its portfolio in Shutterfly, Inc. (NASDAQ:SFLY). Engineers Gate Manager LP holds 55,129 shares. Bogle Investment Lp De holds 1.02% or 156,518 shares. Goldman Sachs Group Inc accumulated 0% or 164,525 shares.

Since June 13, 2018, it had 0 buys, and 16 sales for $12.98 million activity. $685,799 worth of Shutterfly, Inc. (NASDAQ:SFLY) shares were sold by Anderson Michele. The insider Lokuge Ishantha sold 2,514 shares worth $182,837. The insider MATHER ANN sold $139,554. Another trade for 17,458 shares valued at $1.02 million was sold by POPE MICHAEL W. The insider MENON SATISH sold $1.20M. $145,821 worth of Shutterfly, Inc. (NASDAQ:SFLY) shares were sold by LAYNEY TRACY.

Hhr Asset Management Llc decreased its stake in Shutterfly Inc (SFLY) by 10.89% based on its latest 2018Q2 regulatory filing with the SEC. Hhr Asset Management Llc sold 100,362 shares as the company’s stock declined 23.88% while stock markets rallied. The hedge fund held 820,917 shares of the miscellaneous company at the end of 2018Q2, valued at $73.91 million, down from 921,279 at the end of the previous reported quarter. Hhr Asset Management Llc who had been investing in Shutterfly Inc for a number of months, seems to be less bullish one the $1.55B market cap company. The stock decreased 3.72% or $1.78 during the last trading session, reaching $46.01. About 1.17 million shares traded or 53.37% up from the average. Shutterfly, Inc. (NASDAQ:SFLY) has risen 53.64% since December 8, 2017 and is uptrending. It has outperformed by 38.02% the S&P500.

Hhr Asset Management Llc, which manages about $2.77B and $1.87B US Long portfolio, upped its stake in Alphabet Inc by 4,160 shares to 72,333 shares, valued at $80.70M in 2018Q2, according to the filing. It also increased its holding in Baidu Inc (NASDAQ:BIDU) by 25,270 shares in the quarter, for a total of 320,948 shares, and has risen its stake in Jd Com Inc (NASDAQ:JD).

Analysts await Shutterfly, Inc. (NASDAQ:SFLY) to report earnings on January, 29. They expect $5.42 EPS, up 74.28 % or $2.31 from last year’s $3.11 per share. SFLY’s profit will be $182.12M for 2.12 P/E if the $5.42 EPS becomes a reality. After $-2.12 actual EPS reported by Shutterfly, Inc. for the previous quarter, Wall Street now forecasts -355.66 % EPS growth.

More notable recent Shutterfly, Inc. (NASDAQ:SFLY) news were published by: Nasdaq.com which released: “Shutterfly (SFLY) Q3 Earnings Preview: What to Expect – Nasdaq” on October 23, 2018, also Seekingalpha.com with their article: “Shutterfly (SFLY) Q1 2018 Results – Earnings Call Transcript – Seeking Alpha” published on May 01, 2018, Nasdaq.com published: “Shutterfly (SFLY) Stock Up on Q2 Earnings and Revenue Beat – Nasdaq” on August 08, 2018. More interesting news about Shutterfly, Inc. (NASDAQ:SFLY) were released by: Nasdaq.com and their article: “What’s in the Cards for Shutterfly (SFLY) in Q1 Earnings? – Nasdaq” published on April 25, 2018 as well as Seekingalpha.com‘s news article titled: “Shutterfly: A Touch Of Life To Wings Of Fancy – Seeking Alpha” with publication date: October 04, 2018.

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

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