As Petmed Express INC (Put) (PETS) Shares Declined, Apollo Management Holdings LP Increased Its Stake by $11.00 Million

PetMed Express, Inc. (NASDAQ:PETS) Corporate LogoDuring Q2 2018 the big money sentiment decreased to 0.99. That’s change of 0.37, from 2018Q1’s 1.36. 36 investors sold all, 49 reduced holdings as PETS ratio is negative. 46 increased holdings while 38 funds amassed holdings. Funds hold 18.15 million shares thus 1.99% less from 2018Q1’s 18.52 million shares. Keybank Natl Association Oh has invested 0% of its capital in PetMed Express, Inc. (NASDAQ:PETS). State Board Of Administration Of Florida Retirement System has invested 0% in PetMed Express, Inc. (NASDAQ:PETS). Manitoba – Canada-based Great West Life Assurance Company Can has invested 0% in PetMed Express, Inc. (NASDAQ:PETS). Alps Advsrs invested 0% in PetMed Express, Inc. (NASDAQ:PETS). Qs Limited Liability Corporation stated it has 8,526 shs. Mufg Americas Corp reported 0% in PetMed Express, Inc. (NASDAQ:PETS). Prudential accumulated 173,324 shs or 0.01% of the stock. 2.41 million were accumulated by Vanguard Grp Inc Incorporated. Ubs Asset Management Americas owns 0% invested in PetMed Express, Inc. (NASDAQ:PETS) for 9,799 shs. Verity Asset Mgmt Inc reported 7,679 shs or 0.3% of all its holdings. Quantbot Lp holds 21,657 shs. Ameritas holds 0% or 1,778 shs in its capital. State Of Alaska Department Of Revenue holds 0.01% or 6,688 shs in its capital. Gemmer Asset Management Limited Liability Corporation owns 148 shs. Connor Clark & Lunn Invest Management Limited reported 0.01% in PetMed Express, Inc. (NASDAQ:PETS).

PETS had 2 selling transactions and 0 insider buys since June 12, 2018. This’s net activity of $486,400. On Tuesday, June 12 FORMICA FRANK J had sold 5,000 shs worth $208,900.

According to 2018Q2 Securities and Exchange form the Apollo Management Holdings Lp rose its stake in Petmed Express Inc (Put) (PETS) by 166.67%. 250,000 shares were bought by Apollo Management Holdings Lp as the company’s stock declined 15.69% while stock markets rallied. At the end of 2018Q2, the institutional investor held 400,000 shares of the health care company, valued at $17.62 million, up from 150,000 at the end of the previous reported quarter. $575.20 million is the market cap of Petmed Express Inc (Put). PETS hit $28.09 during the last trading session after $0.86 change.PetMed Express, Inc. has volume of 347,478 shares. Since November 10, 2017 PETS has declined 5.43% and is downtrending. The stock underperformed the S&P500 by 21.05%.

About $13.63B US Long portfolio Apollo Management Holdings Lp manages. Its stake in Buckeye Partners LP (NYSE:BPL) was reduced by 1.72 million shares to 126,000 shares valued at $4.43 million in 2018Q2, according to the filing. Apollo Management Holdings Lp has cut its stake in Safety Income & Growth Inc and also reduced its holding in Select Sector Spdr Tr (Put) (XLE) by 361,000 shares in the quarter, for a total of 129,000 shares.

A couple more PetMed Express, Inc. (NASDAQ:PETS) news were posted by: Nasdaq.com which released on October 25, 2018 “Investor Expectations to Drive Momentum within Tribune Media, Intra-Cellular Therapies, Icahn Enterprises, NVE …”, also Globenewswire.com on October 15, 2018 posted “PetMed Express D/B/A 1-800-PetMeds to Announce its Second Quarter Financial Results on October 22, 2018”, the next Nasdaq.com is “Mid-Morning Market Update: Markets Open Lower; Hasbro Misses Q3 Expectations” on October 22, 2018. Streetinsider.com has article titled “Pre-Open Movers 10/22: (ARII) (DVAX) (PETS) Higher; (MRTX) (HAS) (BMY) Lower (more…)”.

PetMed Express, Inc. (NASDAQ:PETS) Ratings Coverage

In total 3 analysts cover PetMed Express (NASDAQ:PETS). “Buy” rating has 0, “Sell” are 1, while 2 are “Hold”. 0 are bullish. 3 are the (NASDAQ:PETS)’s analyst reports since June 15, 2018 according to StockzIntelligence Inc. On Friday, June 15 the company was initiated by C.L. King. The stock rating was downgraded by Craig Hallum to “Sell” on Monday, July 9.

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

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