Summer Infant Inc (NASDAQ:SUMR) Shifting Institutional Investors Sentiment

Summer Infant, Inc. (NASDAQ:SUMR) Logo

Sentiment for Summer Infant Inc (NASDAQ:SUMR)

Summer Infant Inc (NASDAQ:SUMR) institutional sentiment increased to 4.5 in 2018 Q3. Its up 4.17, from 0.33 in 2018Q2. The ratio has improved, as 9 investment managers increased or opened new stock positions, while 2 sold and reduced their holdings in Summer Infant Inc. The investment managers in our partner’s database reported: 17.53 million shares, up from 8.49 million shares in 2018Q2. Also, the number of investment managers holding Summer Infant Inc in their top 10 stock positions increased from 0 to 1 for an increase of 1. Sold All: 0 Reduced: 2 Increased: 4 New Position: 5.

Summer Infant, Inc., together with its subsidiaries, designs, markets, and distributes branded juvenile health, safety, and wellness products primarily in North America. The company has market cap of $21.99 million. The firm markets approximately 1,100 products in various product categories, such as monitoring, safety, nursery, baby gear, and feeding products under the Summer Infant, SwaddleMe, and Born Free brand names. It currently has negative earnings. The Company’s products include audio, video, and Internet viewable monitors; gates, bedrails, baby proofing, potties, bath products, positioners, and infant health products; nursery products, such as wearable blankets, sleep aides and soothers, travel accessories, and swaddles; baby gear products, including strollers, bassinets, high chairs, and playards; and feeding products comprising bottles, drinking cups, bibs and placemats, electronics, and pacifiers.

The stock decreased 3.31% or $0.04 during the last trading session, reaching $1.17. About 12,388 shares traded. Summer Infant, Inc. (NASDAQ:SUMR) has declined 30.67% since January 14, 2018 and is downtrending. It has underperformed by 30.67% the S&P500.

Analysts await Summer Infant, Inc. (NASDAQ:SUMR) to report earnings on February, 19. They expect $-0.01 earnings per share, up 50.00 % or $0.01 from last year’s $-0.02 per share. After $-0.01 actual earnings per share reported by Summer Infant, Inc. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Wynnefield Capital Inc holds 4.41% of its portfolio in Summer Infant, Inc. for 6.68 million shares. Ancora Advisors Llc owns 100,001 shares or 0.01% of their US portfolio. Moreover, Acadian Asset Management Llc has 0% invested in the company for 48,118 shares. The North Carolina-based Bank Of America Corp De has invested 0% in the stock. Blackrock Inc., a New York-based fund reported 5,493 shares.

Since January 1, 0001, it had 4 insider buys, and 2 insider sales for $19,190 activity.

More notable recent Summer Infant, Inc. (NASDAQ:SUMR) news were published by: Providencejournal.com which released: “Cranston’s Coastway Bancorp to become a publicly traded stock company – The Providence Journal” on January 15, 2014, also Globenewswire.com with their article: “Summer Infant to Present at LD Micro Conference – GlobeNewswire” published on November 15, 2018, Nasdaq.com published: “Turkey Crisis Spills Over to Wall Street: Winners & Losers – Nasdaq” on August 13, 2018. More interesting news about Summer Infant, Inc. (NASDAQ:SUMR) were released by: Seekingalpha.com and their article: “Compugen Ltd. (CGEN) CEO Dr. Anat Cohen-Dayag on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” published on November 07, 2018 as well as Zacks.com‘s news article titled: “Holiday Retail Sales Likely to Rise YoY: 5 Picks – Zacks.com” with publication date: September 19, 2018.

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