“Big money” Positions
In 2018 Q2 Forum Energy Technologies Inc (NYSE:FET) big money sentiment decreased to 1.16, revealed SEC filings. That’s down -0.04, from 2018Q1’s 1.2. 65 investment professionals opened new or increased positions, while 56 reduced and sold their holdings in Forum Energy Technologies Inc so the sentiment has worsened. Funds own 94.23 million shares, down from 94.45 million shares in 2018Q1. Funds holding Forum Energy Technologies Inc in top 10 was flat from 3 to 3 for the same number . In total 14 funds closed positions, 42 reduced and 48 increased. Also 17 funds bought new Forum Energy Technologies Inc stakes.
Biggest Forum Energy Technologies Inc Investors
Simmons L E & Associates Inc owns 20.53 million shares in Forum Energy Technologies Inc as of 2018 Q2. Forum Energy Technologies Inc’s shareholder Tinicum Inc owns 2.67 million shares as of 2018 Q2. Also, Hillman Co reported 2.36 million shares in Forum Energy Technologies Inc equivalent to 8.1% of its portfolio. The Texas-based fund Energy Opportunities Capital Management Llc have invested about 2.96% of the investment manager’s stock portfolio in Forum Energy Technologies Inc. The Texas-based fund Mitchell Group Inc holds 672,146 shares or 1.44% of their portfolio.
Forum Energy Technologies, Inc. designs, makes, and distributes products to the oil and natural gas industry in the United States and internationally.The firm is worth $871.14 million. The firm operates in three divisions: Drilling & Subsea, Completions, and Production & Infrastructure.18.09 is the P/E ratio. The Drilling & Subsea segment creates and makes products, and provides related services to the drilling and subsea construction markets.
The stock decreased 1.95% or $0.16 during the last trading session, hitting $8.03.Forum Energy Technologies, Inc. is downtrending after having declined 14.34% since November 10, 2017. FET has 1.68 million volume or 71.61% up from normal. FET underperformed by 29.96% the S&P 500.
Bankshares Of Ny Mellon Corporation owns 623,253 shs. Fincl has invested 1.42% of its capital in Forum Energy Technologies, Inc. (NYSE:FET). Wealthtrust reported 559 shs stake. Paloma Prtnrs Comm owns 10,395 shs for 0% of their capital. Massachusetts Fincl Services Ma owns 2.60 million shs. Tinicum Inc reported 10.13% of its capital in Forum Energy Technologies, Inc. (NYSE:FET). Barclays Pcl owns 24,431 shs for 0% of their capital. Fmr Ltd Llc accumulated 0% or 684,300 shs. Fifth Third National Bank stated it has 0% of its capital in Forum Energy Technologies, Inc. (NYSE:FET). Moreover, Parkside Commercial Bank & has 0.01% invested in Forum Energy Technologies, Inc. (NYSE:FET). Cortina Asset Mngmt Ltd Liability Co holds 0.24% or 416,349 shs. Perella Weinberg Ptnrs Capital Management Ltd Partnership, New York-based fund reported 709,023 shs. Peak6 Investments L P holds 0% in Forum Energy Technologies, Inc. (NYSE:FET) or 11,018 shs. Oppenheimer Asset Mngmt Inc reported 0.01% in Forum Energy Technologies, Inc. (NYSE:FET). Voya Mgmt Lc holds 0.04% or 1.40M shs in its capital.
Forum Energy Technologies, Inc. (NYSE:FET) Ratings Coverage
In total 5 analysts cover Forum Energy Technologies (NYSE:FET). “Buy” rating has 1, “Sell” are 0, while 4 are “Hold”. (NYSE:FET) has 20% bullish analysts. 7 are the (NYSE:FET)’s ratings reports on 10 Nov 2018 according to StockzIntelligence Inc. On Friday, September 14 the company was maintained by Citigroup. On Monday, September 17 the stock has “Neutral” rating by JP Morgan. On Wednesday, October 31 the rating was maintained by Citigroup with “Neutral”. In Wednesday, August 1 report Credit Suisse maintained it with “Neutral” rating and $13 target. In Wednesday, October 31 report Credit Suisse maintained the stock with “Neutral” rating. On Tuesday, October 2 the rating was upgraded by Simmons & Co to “Overweight”.
More recent Forum Energy Technologies, Inc. (NYSE:FET) news were published by Streetinsider.com, Seekingalpha.com and Seekingalpha.com. The first one has “Forum Energy Technologies (FET) Tops Q3 EPS by 1c, Revenues Miss” as a title and was published on October 29, 2018. The next is “Forum Energy Technologies’ (FET) CEO Prady Iyyanki on Q3 2018 Results – Earnings Call Transcript” on October 30, 2018. And last was published on October 30, 2018, called “More on Forum Energy Technologies Q3 results”.
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