Thursday, 17 January 2019

Do Institutional Investors Love Petmed Express Inc (NASDAQ:PETS)? – Thorold News



PetMed Express, Inc. (NASDAQ:PETS) Logo

Sentiment for Petmed Express Inc (NASDAQ:PETS)

Petmed Express Inc (NASDAQ:PETS) institutional sentiment increased to 1.15 in 2018 Q3. Its up 0.16, from 0.99 in 2018Q2. The ratio has improved, as 86 hedge funds opened new and increased positions, while 75 cut down and sold stock positions in Petmed Express Inc. The hedge funds in our partner’s database now have: 18.10 million shares, down from 18.15 million shares in 2018Q2. Also, the number of hedge funds holding Petmed Express Inc in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 30 Reduced: 45 Increased: 48 New Position: 38.

PetMed Express, Inc. and its subsidiaries, doing business as 1-800-PetMeds, operates as a pet pharmacy in the United States. The company has market cap of $487.97 million. The firm markets prescription and non-prescription pet medications, health products, and supplies for dogs and cats to retail customers. It has a 11.46 P/E ratio. It provides non-prescription medications and supplies, such as flea and tick control products, bone and joint care products, vitamins, treats, nutritional supplements, hygiene products, and supplies; and prescription medications, including heartworm preventatives, flea and tick preventatives, arthritis, thyroid, diabetes, pain medications, antibiotics, and other specialty medications, as well as generic substitutes.

The stock decreased 0.42% or $0.1 during the last trading session, reaching $23.83. About 535,440 shares traded. PetMed Express, Inc. (NASDAQ:PETS) has declined 46.14% since December 31, 2017 and is downtrending. It has underperformed by 46.14% the S&P500.

Oaktop Capital Management Ii L.P. holds 2.75% of its portfolio in PetMed Express, Inc. for 373,675 shares. Menlo Advisors Llc owns 97,060 shares or 2.16% of their US portfolio. Moreover, Armistice Capital Llc has 1.05% invested in the company for 532,000 shares. The New York-based New Amsterdam Partners Llc Ny has invested 0.86% in the stock. Profit Investment Management Llc, a Maryland-based fund reported 31,805 shares.

Since January 1, 0001, it had 0 insider buys, and 1 sale for $277,500 activity.

More notable recent PetMed Express, Inc. (NASDAQ:PETS) news were published by: Nasdaq.com which released: “Who’s a good fund? You’re a good fund! – Nasdaq” on December 17, 2018, also Nasdaq.com with their article: “OurPet’s Company Signs Merger Agreement with Hyper Pet LLC – Nasdaq” published on December 19, 2018, Nasdaq.com published: “True Leaf Supports Effort to Petition FDA for Hemp-Based Pet Food – Nasdaq” on December 21, 2018. More interesting news about PetMed Express, Inc. (NASDAQ:PETS) were released by: Nasdaq.com and their article: “Anything Technologies Media Launches Hemp CBD Product Line for Dogs and Cats – Nasdaq” published on December 12, 2018 as well as Nasdaq.com‘s news article titled: “Sport Endurance Announces Investment in Nutritional Pet Food Company, TruPet – Nasdaq” with publication date: December 18, 2018.

PetMed Express, Inc. (NASDAQ:PETS) Institutional Positions Chart

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Source: https://whatsonthorold.com/2018/12/31/do-institutional-investors-love-petmed-express-inc-nasdaqpets/

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