Granahan Investment Management Has Raised Its Lawson Products (LAWS) Stake by $369,765 as Stock Declined; Echo Global Logistics (ECHO) Shares Declined While Summit Creek Advisors Has Increased Stake by $1.86 Million

Echo Global Logistics, Inc. (NASDAQ:ECHO) Logo

Granahan Investment Management Inc increased its stake in Lawson Products (LAWS) by 3.87% based on its latest 2018Q3 regulatory filing with the SEC. Granahan Investment Management Inc bought 11,205 shares as the company’s stock declined 14.53% with the market. The hedge fund held 300,986 shares of the consumer durables company at the end of 2018Q3, valued at $10.20 million, up from 289,781 at the end of the previous reported quarter. Granahan Investment Management Inc who had been investing in Lawson Products for a number of months, seems to be bullish on the $256.89 million market cap company. The stock decreased 4.76% or $1.44 during the last trading session, reaching $28.8. About 7,802 shares traded. Lawson Products, Inc. (NASDAQ:LAWS) has risen 15.27% since January 12, 2018 and is uptrending. It has outperformed by 15.27% the S&P500. Some Historical LAWS News: 29/05/2018 – BROWN-FORMAN NAMES LAWSON WHITING SUCCESSOR TO CEO VARGA; 12/04/2018 – ESPN: Sources: Wizards sign point guard Lawson; 26/03/2018 – LAWSON CONFIRMS BOARD DECIDED TO APPLY FOR BANKING LICENSE; 19/03/2018 – Rep. Lawson: Rep. Lawson Statement on the Deaths of Master Sergeant William R. Posch and Staff Sergeant Carl Enis; 29/03/2018 – Rep. Lawson: U.S. Rep. Al Lawson Hosts District-Wide Art Competition; 22/04/2018 – DJ Lawson Products Inc, Inst Holders, 1Q 2018 (LAWS); 07/03/2018 – TBWA\Chiat\Day New York Hires Lawson Waring as Global Brand Leader; Alberto Botero as Head of Data; 29/05/2018 – Hometown Source: Girls track and field: Blaine captures NWSC championship; Spring Lake Park’s Lawson, LaBerge win titles; 12/03/2018 – REQUEST FOR COVERAGE: Connie Lawson, Pres. of the Nat’l Assoc. of Secretaries of State, and Distinguished Elections Colleagues Among Participants at University of MD School of Public Policy’s U.S; 11/04/2018 – New York Post: Chef Nigella Lawson reveals her favorite kitchen secrets

Summit Creek Advisors Llc increased its stake in Echo Global Logistics (ECHO) by 21.48% based on its latest 2018Q3 regulatory filing with the SEC. Summit Creek Advisors Llc bought 61,940 shares as the company’s stock declined 37.82% with the market. The institutional investor held 350,260 shares of the transportation company at the end of 2018Q3, valued at $10.84M, up from 288,320 at the end of the previous reported quarter. Summit Creek Advisors Llc who had been investing in Echo Global Logistics for a number of months, seems to be bullish on the $644.03 million market cap company. The stock increased 0.49% or $0.11 during the last trading session, reaching $22.56. About 205,090 shares traded. Echo Global Logistics, Inc. (NASDAQ:ECHO) has declined 16.21% since January 12, 2018 and is downtrending. It has underperformed by 16.21% the S&P500. Some Historical ECHO News: 13/03/2018 – Echo Global at Company Marketing Hosted By Stephens Inc. Today; 23/03/2018 – Echo Global Closes Below 50-Day Moving Average: Technicals; 17/05/2018 – Echo Named to the 2018 Food Logistics’ Champions: Rock Stars of the Supply Chain; 25/04/2018 – ECHO GLOBAL LOGISTICS INC ECHO.O SEES FY 2018 REVENUE $2.25 BLN TO $2.4 BLN; 06/03/2018 Echo Global Company Marketing Set By Stephens Inc. for Mar. 13; 26/04/2018 – ECHO GLOBAL LOGISTICS INC ECHO.O : COWEN AND COMPANY RAISES TARGET PRICE TO $35 FROM $34; 02/04/2018 – Fidelity Select Transport Adds Echo Global, Cuts UPS; 25/04/2018 – Echo Global Logistics 1Q Net $4.73M; 26/04/2018 – Favorite short target $ECHO can always be depended on to disappoint with its free cash flow. Even in a tight freight env’t and “record sales” its margins contract and free cash barely grows; 03/04/2018 – Echo Global Closes Above 50-Day Moving Average: Technicals

Investors sentiment decreased to 1.47 in Q3 2018. Its down 0.18, from 1.65 in 2018Q2. It worsened, as 4 investors sold LAWS shares while 15 reduced holdings. 9 funds opened positions while 19 raised stakes. 5.97 million shares or 1.52% more from 5.88 million shares in 2018Q2 were reported. Northern accumulated 0% or 74,640 shares. Royal National Bank Of Canada has invested 0% in Lawson Products, Inc. (NASDAQ:LAWS). Jpmorgan Chase And accumulated 0% or 4,286 shares. State Street Corporation invested in 0% or 92,942 shares. Vanguard Grp Inc holds 229,154 shares. 33,869 were reported by Deutsche National Bank Ag. Stone Ridge Asset Llc stated it has 0.03% of its portfolio in Lawson Products, Inc. (NASDAQ:LAWS). California State Teachers Retirement Sys invested in 0% or 10,226 shares. Moreover, Teton has 0.85% invested in Lawson Products, Inc. (NASDAQ:LAWS) for 287,042 shares. Eam Invsts holds 0.11% in Lawson Products, Inc. (NASDAQ:LAWS) or 22,571 shares. Granahan Invest Ma reported 300,986 shares stake. Menta Ltd Liability Corp has 0.14% invested in Lawson Products, Inc. (NASDAQ:LAWS) for 11,878 shares. White Pine Cap Ltd Liability Com has invested 0.13% in Lawson Products, Inc. (NASDAQ:LAWS). 13,347 were accumulated by Tiaa Cref Invest Ltd Liability. Gamco Investors Et Al owns 197,840 shares.

Granahan Investment Management Inc, which manages about $3.81 billion and $1.84 billion US Long portfolio, decreased its stake in Hawaiian Holdings (NASDAQ:HA) by 91,386 shares to 156,067 shares, valued at $6.26M in 2018Q3, according to the filing. It also reduced its holding in Cardiovascular Systems (NASDAQ:CSII) by 23,965 shares in the quarter, leaving it with 357,091 shares, and cut its stake in Brooks Automation (NASDAQ:BRKS).

More notable recent Lawson Products, Inc. (NASDAQ:LAWS) news were published by: Nasdaq.com which released: “Tanzanian Royalty Announces the Immediate Start of Major Drilling Program – Nasdaq” on January 10, 2019, also Nasdaq.com with their article: “Nasdaq Technology publishes supplement to the offer document regarding its recommended public cash offer to the shareholders and warrant holders of Cinnober – Nasdaq” published on December 19, 2018, Nasdaq.com published: “2019 Standard Deduction: How Much Bigger Did It Get? – Nasdaq” on January 11, 2019. More interesting news about Lawson Products, Inc. (NASDAQ:LAWS) were released by: Nasdaq.com and their article: “Netflix pulls comedy show episode in Saudi Arabia – Nasdaq” published on January 02, 2019 as well as Nasdaq.com‘s news article titled: “British Revenue and Customs Agency Clarifies Law on Crypto Taxes – Nasdaq” with publication date: December 20, 2018.

Among 3 analysts covering Lawson Products Inc (NASDAQ:LAWS), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Lawson Products Inc had 8 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by Barrington on Thursday, November 2. On Monday, February 26 the stock rating was maintained by Barrington with “Buy”. Barrington maintained the stock with “Buy” rating in Friday, April 20 report. Barrington Research downgraded Lawson Products, Inc. (NASDAQ:LAWS) on Friday, July 22 to “Mkt Perform” rating. The stock of Lawson Products, Inc. (NASDAQ:LAWS) earned “Hold” rating by KeyBanc Capital Markets on Friday, September 15. The stock of Lawson Products, Inc. (NASDAQ:LAWS) earned “Overweight” rating by KeyBanc Capital Markets on Tuesday, July 21. The stock of Lawson Products, Inc. (NASDAQ:LAWS) has “Hold” rating given on Monday, October 16 by KeyBanc Capital Markets.

Among 17 analysts covering Echo Global Logistics (NASDAQ:ECHO), 11 have Buy rating, 2 Sell and 4 Hold. Therefore 65% are positive. Echo Global Logistics had 56 analyst reports since August 11, 2015 according to SRatingsIntel. UBS maintained it with “Neutral” rating and $31 target in Thursday, April 26 report. The firm earned “Sell” rating on Wednesday, September 2 by Zacks. The stock of Echo Global Logistics, Inc. (NASDAQ:ECHO) earned “Outperform” rating by Barrington Research on Friday, August 28. On Monday, July 11 the stock rating was initiated by JP Morgan with “Overweight”. The firm has “Equal-Weight” rating given on Thursday, October 26 by Morgan Stanley. The company was maintained on Thursday, September 28 by Stifel Nicolaus. The firm has “Buy” rating given on Wednesday, August 30 by Cowen & Co. Susquehanna initiated the shares of ECHO in report on Tuesday, December 20 with “Neutral” rating. Stifel Nicolaus maintained Echo Global Logistics, Inc. (NASDAQ:ECHO) on Wednesday, December 9 with “Buy” rating. The rating was maintained by Credit Suisse on Thursday, July 26 with “Neutral”.

Echo Global Logistics, Inc. (NASDAQ:ECHO) Institutional Positions Chart