Pandora Media INC (P) Holder Highline Capital Management LLC Upped Stake

Pandora Media, Inc. (NYSE:P) LogoInvestors sentiment increased to 1.06 in 2018 Q3. Its up 0.07, from 0.99 in 2018Q2. It improved, as 29 investors sold P shares while 57 reduced holdings. 39 funds opened positions while 52 raised stakes. 251.37 million shares or 3.07% less from 259.33 million shares in 2018Q2 were reported. Aqr, a Connecticut-based fund reported 465,313 shares. Cibc holds 0% or 33,600 shares. Amalgamated Savings Bank holds 15,059 shares or 0% of its portfolio. Tower Capital Ltd Liability (Trc) has 190 shares. Dorsal Cap Management Ltd Com holds 4.75 million shares. Invesco Limited invested in 0% or 706,516 shares. California State Teachers Retirement Systems has invested 0.01% of its portfolio in Pandora Media, Inc. (NYSE:P). Teton Advsr invested in 0.16% or 194,839 shares. Gruss And Inc holds 27,000 shares or 0.25% of its portfolio. Tocqueville Asset Management Limited Partnership reported 0.03% in Pandora Media, Inc. (NYSE:P). 2.60 million were accumulated by Geode Capital Mngmt Ltd Company. Baker Avenue Asset Mgmt LP accumulated 18,531 shares or 0.01% of the stock. Numerixs Inv Technologies accumulated 0.22% or 126,600 shares. Parametric Port Assocs Limited Liability Com has 0% invested in Pandora Media, Inc. (NYSE:P) for 439,762 shares. Crosslink stated it has 10.37% of its portfolio in Pandora Media, Inc. (NYSE:P).

Since August 15, 2018, it had 0 insider purchases, and 15 sales for $4.38 million activity. $83,901 worth of Pandora Media, Inc. (NYSE:P) shares were sold by Lapic S Aimee. $338,084 worth of stock was sold by Phillips Christopher W on Thursday, August 16. Walker Karen Sammis sold 3,026 shares worth $26,936. Another trade for 27,208 shares valued at $222,140 was made by BENE STEPHEN G on Thursday, August 16. Trimble John also sold $652,988 worth of Pandora Media, Inc. (NYSE:P) shares. Robinson Kristen also sold $207,974 worth of Pandora Media, Inc. (NYSE:P) shares.

Highline Capital Management Llc increased its stake in Pandora Media Inc (P) by 222.73% based on its latest 2018Q3 regulatory filing with the SEC. Highline Capital Management Llc bought 6.13M shares as the company’s stock declined 7.40% with the market. The hedge fund held 8.88M shares of the consumer services company at the end of 2018Q3, valued at $68.34M, up from 2.75M at the end of the previous reported quarter. Highline Capital Management Llc who had been investing in Pandora Media Inc for a number of months, seems to be bullish on the $2.30 billion market cap company. The stock decreased 1.16% or $0.1 during the last trading session, reaching $8.49. About 4.66M shares traded. Pandora Media, Inc. (NYSE:P) has risen 74.90% since January 14, 2018 and is uptrending. It has outperformed by 74.90% the S&P500.

Highline Capital Management Llc, which manages about $3.04B and $3.53B US Long portfolio, decreased its stake in Marriott Intl Inc New (NASDAQ:MAR) by 409,532 shares to 913,668 shares, valued at $100.74M in 2018Q3, according to the filing. It also reduced its holding in Novocure Ltd by 221,800 shares in the quarter, leaving it with 1.51M shares, and cut its stake in Shire Plc (NASDAQ:SHPG).

Pandora Media, Inc. (NYSE:P) Ratings Coverage

Among 11 analysts covering Pandora Media (NYSE:P), 2 have Buy rating, 0 Sell and 9 Hold. Therefore 18% are positive. Pandora Media had 15 analyst reports since August 1, 2018 according to SRatingsIntel. The firm earned “Outperform” rating on Wednesday, August 1 by Barrington Research. Goldman Sachs downgraded it to “Neutral” rating and $10 target in Thursday, October 25 report. Credit Suisse maintained Pandora Media, Inc. (NYSE:P) on Tuesday, September 25 with “Neutral” rating. On Thursday, September 27 the stock rating was downgraded by RBC Capital Markets to “Sector Perform”. On Wednesday, August 1 the stock rating was maintained by BMO Capital Markets with “Outperform”. The firm has “Buy” rating given on Wednesday, August 1 by FBR Capital. The stock of Pandora Media, Inc. (NYSE:P) earned “Hold” rating by Aegis Capital on Tuesday, September 25. The rating was downgraded by Canaccord Genuity to “Hold” on Tuesday, November 6. The rating was downgraded by BMO Capital Markets on Monday, October 1 to “Market Perform”. The stock of Pandora Media, Inc. (NYSE:P) has “Neutral” rating given on Wednesday, August 1 by Credit Suisse.

Pandora Media, Inc. (NYSE:P) Institutional Positions Chart

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