As Cree INC (CREE) Shares Declined, Firsthand Capital Management INC Increased Stake

Cree, Inc. (NASDAQ:CREE) Corporate LogoBig Money Sentiment increased to 1.05 in 2018 Q2. It has change of 0.16, from 2018Q1’s 0.89. The ratio is positive due to CREE positioning: 27 sold and 76 reduced. 32 funds took positions and 76 increased positions. Investors holded 101.92 million in 2018Q1 but now own 101.76 million shares or 0.16% less. Advisory Svcs Networks Ltd Liability Co stated it has 1,591 shs. Rhumbline Advisers reported 198,378 shs stake. Bnp Paribas Asset Mngmt, a France-based fund reported 53,300 shs. United Automobile Association owns 112,052 shs. Moreover, Manufacturers Life The has 0.01% invested in Cree, Inc. (NASDAQ:CREE). Michigan-based Ls Investment Llc has invested 0.01% in Cree, Inc. (NASDAQ:CREE). 101,131 were accumulated by Macquarie Group Inc Limited. Pnc Fincl Services Gp invested in 0% or 6,959 shs. Piedmont Invest Limited Liability Com owns 1,749 shs. Clean Yield Grp Inc accumulated 0.09% or 5,000 shs. South Dakota Council holds 0.13% or 147,501 shs in its capital. Gideon Advsr accumulated 9,905 shs. Bnp Paribas Arbitrage Sa holds 0% or 16,007 shs. California Employees Retirement Systems accumulated 246,895 shs or 0.01% of the stock. 5,988 are owned by Creative Planning.

CREE registered $1.03 million net activity with 0 insider purchases and 1 sale since August 29, 2018.

Firsthand Capital Management Inc upped its stake by 2125% in Cree Inc. (CREE), according to 2018Q2 SEC form. By buying 170,000 shares Firsthand Capital Management Inc made the stock sank with 13.41%. At the end of 2018Q2, the institutional investor held 178,000 shares of the technology company, valued at $7.40M, up from 8,000 at the end of the previous reported quarter. $4.39B is the market cap of Cree Inc.. CREE is touching $43.47 during the last trading session, after increased 7.79%.Cree, Inc. is uptrending after having risen 75.24% since November 10, 2017. CREE has 3.20M volume or 72.07% up from normal. The stock outperformed the S&P500 by 59.62%.

For a total of shares it reduced its holding in by shares in the quarter, and has cut its stake in .

For more Cree, Inc. (NASDAQ:CREE) news released recently go to: Benzinga.com, Nasdaq.com, Streetinsider.com, Streetinsider.com or 247Wallst.com. The titles are as follows: “34 Stocks Moving In Friday’s Pre-Market Session” released on November 09, 2018, “Cree Stock Surges on Q1 Earnings Topping Expectations” on October 17, 2018, “Cree (CREE) reports Darren R. Jackson was appointed as chairman” with a publish date: October 22, 2018, “Goldman Sachs Upgrades Cree (CREE) to Buy” and the last “Top Analyst Upgrades and Downgrades: ArcelorMittal, Barclays, Cree, Ctrip.com, Michael Kors, PVH, Skyworks …” with publication date: November 09, 2018.

Cree, Inc. (NASDAQ:CREE) Ratings Coverage

A total of 6 analysts rate Cree (NASDAQ:CREE) as follows: 2 “Buy”, 4 “Hold” and 0 “Sell”. Тherefore 33% are bullish. (NASDAQ:CREE) has 9 ratings reports on 10 Nov 2018 according to StockzIntelligence. On Wednesday, August 15 Canaccord Genuity maintained the shares of CREE in report with “Buy” rating. On Wednesday, October 17 the firm has “Buy” rating given by Canaccord Genuity. On Friday, November 9 the firm has “Buy” rating by Goldman Sachs given. The stock rating was upgraded by JP Morgan to “Neutral” on Tuesday, October 9. On Wednesday, June 27 the stock of Cree, Inc. (NASDAQ:CREE) has “Hold” rating given by Roth Capital. On Wednesday, October 17 the company was maintained by Nomura.

Cree, Inc. (NASDAQ:CREE) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.