Phunware Inc. (PHUN) Reaches $53.55 After 8.00% Down Move; Overbrook Management Has Trimmed Its Leidos Hldgs (LDOS) Position

Leidos Holdings, Inc. (NYSE:LDOS) Logo

Overbrook Management Corp decreased Leidos Hldgs Inc (LDOS) stake by 5.2% reported in 2018Q4 SEC filing. Overbrook Management Corp sold 11,378 shares as Leidos Hldgs Inc (LDOS)’s stock rose 1.39%. The Overbrook Management Corp holds 207,543 shares with $10.94 million value, down from 218,921 last quarter. Leidos Hldgs Inc now has $9.18 billion valuation. The stock increased 0.14% or $0.09 during the last trading session, reaching $62.83. About 1.47M shares traded or 44.57% up from the average. Leidos Holdings, Inc. (NYSE:LDOS) has risen 0.53% since March 15, 2018 and is uptrending. It has underperformed by 3.84% the S&P500. Some Historical LDOS News: 03/05/2018 – Leidos Holdings Sees FY18 Adjusted EBITDA Margins of 10.1%-10.4%; 03/05/2018 – Leidos Holdings Sees FY18 Adj EPS $4.15-Adj EPS $4.50; 03/05/2018 – Leidos Holdings 1Q EPS 66c; 18/05/2018 – Wash Tech [Reg]: Leidos’ health footprint set to swell after $10B VA-Cerner pact signed; 11/04/2018 – Leidos Wins $210 Million U.S. Army Contract; 06/03/2018 – Leidos launches SkyLine-X™ Air Traffic Management system; 14/03/2018 – LEIDOS GETS DEPT. OF VETERANS IT ORDER W/ POTENTIAL VALUE $472M; 03/05/2018 – Leidos Holdings 1Q Civil Rev $840M; 03/05/2018 – Leidos Holdings 1Q Rev $2.44B; 30/05/2018 – Leidos Launches the Leidos Alliance Partner Network

The stock of Phunware Inc. (NASDAQ:PHUN) is a huge mover today! The stock decreased 18.86% or $12.45 during the last trading session, reaching $53.55. About 58,128 shares traded or 346.01% up from the average. Phunware Inc. (NASDAQ:PHUN) has risen 233.44% since March 15, 2018 and is uptrending. It has outperformed by 229.07% the S&P500.The move comes after 7 months negative chart setup for the $1.62B company. It was reported on Mar, 15 by Barchart.com. We have $49.27 PT which if reached, will make NASDAQ:PHUN worth $129.60 million less.

Phunware Inc., together with its subsidiaries, provides Multiscreen-as-a-Service and Data-as-a-Service (DaaS) enterprise software platform for mobile devices. The company has market cap of $1.62 billion. The Company’s platform enables brands to engage, manage, and monetize their mobile application portfolios. It currently has negative earnings. The firm offers Cloud-Based Mobile Software Development Kits (SDKs), which include location services, mobile engagement, content management, messaging, advertising, and analytics; and mobile application framework of pre-integrated iOS and Android software modules for building in-house or channel mobile application solutions.

More notable recent Phunware Inc. (NASDAQ:PHUN) news were published by: Globenewswire.com which released: “Phunware Announces the Appointment of Three New Independent Board Directors – GlobeNewswire” on February 28, 2019, also Seekingalpha.com with their article: “Firsthand Technology Value Fund: An Update – Seeking Alpha” published on February 26, 2019, Benzinga.com published: “68 Biggest Movers From Yesterday – Benzinga” on March 14, 2019. More interesting news about Phunware Inc. (NASDAQ:PHUN) were released by: Benzinga.com and their article: “54 Stocks Moving In Tuesday’s Mid-Day Session – Benzinga” published on February 19, 2019 as well as Benzinga.com‘s news article titled: “31 Stocks Moving In Friday’s Pre-Market Session – Benzinga” with publication date: February 15, 2019.

Investors sentiment decreased to 0.97 in Q4 2018. Its down 0.34, from 1.31 in 2018Q3. It worsened, as 34 investors sold LDOS shares while 123 reduced holdings. 48 funds opened positions while 105 raised stakes. 108.14 million shares or 3.66% more from 104.32 million shares in 2018Q3 were reported. Cambiar Invsts Limited Liability Co owns 73,161 shares or 0.09% of their US portfolio. 500 were accumulated by City Holdings. Pictet Asset Mngmt holds 46,161 shares. Piedmont Inv Advsrs holds 4,025 shares or 0.01% of its portfolio. Anchor Capital Advsr holds 23,883 shares. Bbt Cap Lc, Texas-based fund reported 15,852 shares. Invesco Ltd, a Georgia-based fund reported 813,465 shares. State Board Of Administration Of Florida Retirement Systems owns 174,974 shares or 0.03% of their US portfolio. Retirement Of Alabama accumulated 194,124 shares. Moreover, Martingale Asset Mngmt Lp has 0% invested in Leidos Holdings, Inc. (NYSE:LDOS) for 5,402 shares. Tru Of Vermont holds 0.01% in Leidos Holdings, Inc. (NYSE:LDOS) or 2,294 shares. Cibc World Mkts Corporation has invested 0.07% in Leidos Holdings, Inc. (NYSE:LDOS). Arrow Financial Corp holds 0% of its portfolio in Leidos Holdings, Inc. (NYSE:LDOS) for 100 shares. Amundi Pioneer Asset Incorporated invested in 311,037 shares. Clarivest Asset Mngmt Limited Liability Co invested 0% of its portfolio in Leidos Holdings, Inc. (NYSE:LDOS).

More notable recent Leidos Holdings, Inc. (NYSE:LDOS) news were published by: Seekingalpha.com which released: “Leidos -3.4% on downside EPS forecast – Seeking Alpha” on February 19, 2019, also Streetinsider.com with their article: “Leidos (LDOS) Announces US Navy Awarded it Contract to Support Aircraft Readiness Worldwide – StreetInsider.com” published on March 13, 2019, Seekingalpha.com published: “Leidos Holdings, Inc. (LDOS) CEO Roger Krone on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” on February 19, 2019. More interesting news about Leidos Holdings, Inc. (NYSE:LDOS) were released by: Nasdaq.com and their article: “Ignore This Government Contractor’s Cautious Guidance — It’s Set to Outperform – Nasdaq” published on February 24, 2019 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For February 19, 2019 – Benzinga” with publication date: February 19, 2019.

Analysts await Leidos Holdings, Inc. (NYSE:LDOS) to report earnings on May, 2. They expect $0.99 EPS, down 3.88% or $0.04 from last year’s $1.03 per share. LDOS’s profit will be $144.69M for 15.87 P/E if the $0.99 EPS becomes a reality. After $1.10 actual EPS reported by Leidos Holdings, Inc. for the previous quarter, Wall Street now forecasts -10.00% negative EPS growth.

Among 5 analysts covering Leidos Holdings (NYSE:LDOS), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Leidos Holdings had 7 analyst reports since October 29, 2018 according to SRatingsIntel. The stock has “Buy” rating by Credit Suisse on Wednesday, February 20. Drexel Hamilton maintained the shares of LDOS in report on Friday, February 22 with “Buy” rating. The stock of Leidos Holdings, Inc. (NYSE:LDOS) has “Buy” rating given on Thursday, February 21 by Jefferies. Cowen & Co maintained the stock with “Buy” rating in Tuesday, February 19 report. The stock of Leidos Holdings, Inc. (NYSE:LDOS) earned “Buy” rating by Cowen & Co on Monday, February 25. The firm has “Buy” rating by Argus Research given on Monday, October 29.

Leidos Holdings, Inc. (NYSE:LDOS) Institutional Positions Chart