As Usa Technologies INC (USAT) Market Value Declined, G2 Investment Partners Management LLC Lifted Its Stake by $5.85 Million

USA Technologies, Inc. (NASDAQ:USAT) LogoInvestors sentiment decreased to 1.26 in Q3 2018. Its down 0.16, from 1.42 in 2018Q2. It worsened, as 16 investors sold USAT shares while 34 reduced holdings. 33 funds opened positions while 30 raised stakes. 40.66 million shares or 0.68% more from 40.39 million shares in 2018Q2 were reported. Massachusetts Finance Ma, a Massachusetts-based fund reported 1.19M shares. Castleark Mngmt Ltd Limited Liability Company invested in 0.1% or 472,390 shares. Thomson Horstmann And Bryant Inc accumulated 523,997 shares. 270,317 were reported by Renaissance Technologies. Kistler holds 680 shares or 0% of its portfolio. Susquehanna International Group Limited Liability Partnership reported 0% of its portfolio in USA Technologies, Inc. (NASDAQ:USAT). Usa Fin Portformulas owns 26,801 shares. The Illinois-based Blair William Company Il has invested 0% in USA Technologies, Inc. (NASDAQ:USAT). Capital Investors reported 629,687 shares or 0% of all its holdings. Northern accumulated 680,527 shares. Royal State Bank Of Canada holds 1.26M shares. California Pub Employees Retirement owns 178,230 shares. Granite Inv Ltd accumulated 53,748 shares or 0.02% of the stock. Granite Point Capital Mgmt LP invested 0.06% in USA Technologies, Inc. (NASDAQ:USAT). Blackrock Inc reported 3.73M shares stake.

G2 Investment Partners Management Llc increased its stake in Usa Technologies Inc (USAT) by 125.68% based on its latest 2018Q3 regulatory filing with the SEC. G2 Investment Partners Management Llc bought 974,813 shares as the company’s stock declined 73.14% with the market. The hedge fund held 1.75 million shares of the miscellaneous company at the end of 2018Q3, valued at $10.94 million, up from 775,635 at the end of the previous reported quarter. G2 Investment Partners Management Llc who had been investing in Usa Technologies Inc for a number of months, seems to be bullish on the $361.20 million market cap company. The stock increased 18.74% or $0.95 during the last trading session, reaching $6.02. About 4.10 million shares traded or 328.99% up from the average. USA Technologies, Inc. (NASDAQ:USAT) has declined 51.36% since January 14, 2018 and is downtrending. It has underperformed by 51.36% the S&P500.

G2 Investment Partners Management Llc, which manages about $585.42 million and $252.40M US Long portfolio, decreased its stake in Five9 Inc (Put) (NASDAQ:FIVN) by 191,825 shares to 25,000 shares, valued at $598,000 in 2018Q3, according to the filing. It also reduced its holding in Tower Semiconductor Ltd (NASDAQ:TSEM) by 121,100 shares in the quarter, leaving it with 77,897 shares, and cut its stake in Logmein Inc (NASDAQ:LOGM).

Another recent and important USA Technologies, Inc. (NASDAQ:USAT) news was published by Usatoday.com which published an article titled: “Uber’s pick for CEO is a dealmaker used to tough rivals, like Google – USA TODAY” on August 28, 2017.

USA Technologies, Inc. (NASDAQ:USAT) Institutional Positions Chart

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