Pandora Media Inc Sentiment Increases on Better Stock Potential, Now at 1.5

June 29, 2018 - By Mohammad Shatley

Pandora Media, Inc. (NYSE:P) Corporate Logo

Pandora Media Inc’s Sentiment

In 2018 Q1 Pandora Media Inc (NYSE:P) big money sentiment increased to 1.5, according to SEC.gov filings. That’s up 0.46, from 2017Q4’s 1.04. 111 funds started new or increased stock positions, while 74 sold and trimmed positions in Pandora Media Inc so the sentiment improved. Funds own 239.08 million shares, up from 233.88 million shares in 2017Q4. Funds holding Pandora Media Inc in top 10 changed to 3 from 4 for a decrease of 1. In total 35 funds closed positions, 39 reduced and 71 increased. Also 40 funds bought new Pandora Media Inc stakes.

Significant Pandora Media Inc Investors

Sls Management Llc owns 672,674 shares in Pandora Media Inc as of 2018 Q1. Pandora Media Inc’s shareholder Crosslink Capital Inc owns 5.64 million shares as of 2018 Q1. Kopernik Global Investors Llc reported 6.32 million shares. The Virginia-based fund Foxhaven Asset Management Lp have invested about 2.59% of the investment manager’s stock portfolio in Pandora Media Inc. The New York-based fund Slate Path Capital Lp holds 7.32 million shares or 2.35% of their portfolio.

Pandora Media, Inc. provides Internet music platform services in North America.The company has $2.10 billion market cap. The firm allows its listeners to create personalized stations to access music and comedy catalogs, as well as personalized playlist generating system; and offers Pandora Plus and Pandora Premium, a paid subscription service to listeners.Last it reported negative earnings. Pandora Media, Inc. also sells audio, display, and video advertising to advertisers for delivery on computer, mobile, and other connected device platforms.

P hit $7.87 during the last trading session after $0.09 change.Pandora Media, Inc. has volume of 1.61 million shares. Since June 29, 2017 P has declined 23.47% and is downtrending. The stock underperformed the S&P 500 by 36.04%.

Virtu Ltd Liability stated it has 300,681 shs. New York-based Boothbay Fund Mngmt Limited Liability has invested 0.01% in Pandora Media, Inc. (NYSE:P). Architects Inc owns 3,000 shs or 0% of their US capital. Amalgamated Fincl Bank holds 51,564 shs. Utd Svcs Automobile Association, a Texas-based fund reported 194,883 shs. Two Sigma Secs Limited Co has 0% invested in Pandora Media, Inc. (NYSE:P). Aperio Grp Inc Limited Liability Com accumulated 57,855 shs or 0% of the stock. 1,113 were accumulated by Sei Investments. J Goldman & Company Limited Partnership reported 1.88 million shs. Waddell Reed owns 0.15% invested in Pandora Media, Inc. (NYSE:P) for 12.73M shs. Commerzbank Aktiengesellschaft Fi has 282,796 shs. Ci Invs Inc stated it has 0.02% of its capital in Pandora Media, Inc. (NYSE:P). Point72 Asset L P has invested 0.15% in Pandora Media, Inc. (NYSE:P). Hbk Ltd Partnership reported 0% of its capital in Pandora Media, Inc. (NYSE:P). Foxhaven Asset Mgmt L P accumulated 7.68M shs or 2.59% of the stock.

Pandora Media, Inc. had 12 sales and 0 insider buys since February 16, 2018. This’s net activity of $1.09 million. $86,271 worth of stock was sold by Walker Karen Sammis on Wednesday, May 16. Another trade for 43,411 shs valued at $322,770 was made by Robinson Kristen on Wednesday, May 16. Trimble John sold $64,322 worth of Pandora Media, Inc. (NYSE:P) on Friday, February 16. On Friday, February 16 10,135 shs were sold by GERBITZ DAVID, worth $51,335. On Friday, February 16 $68,794 worth of stock was sold by Phillips Christopher W.

Pandora Media, Inc. (NYSE:P) Ratings Coverage

In total 14 analysts cover Pandora Media (NYSE:P). “Buy” rating has 5, “Sell” are 1, while 8 are “Hold”. (NYSE:P) has 36% bullish analysts. 17 are the (NYSE:P)’s ratings reports on 29 Jun 2018 according to StockzIntelligence Inc. On Thursday, April 5 the rating was maintained by Canaccord Genuity with “Buy”. On Friday, May 4 the rating was upgraded by FBR Capital to “Buy”. On Thursday, February 22 the firm earned “Underperform” rating by Bank of America. On Thursday, February 22 Canaccord Genuity maintained the shares of P in report with “Buy” rating. On Friday, May 4 the firm has “Buy” rating given by SunTrust. On Tuesday, April 10 the rating was maintained by J.P. Morgan with “Hold”. On Thursday, February 22 Stifel Nicolaus maintained the shares of P in report with “Hold” rating. On Thursday, March 22 the rating was upgraded by Raymond James to “Strong Buy”. The company rating was maintained by Credit Suisse on Thursday, February 22. In Thursday, February 22 report B. Riley & Co maintained it with “Neutral” rating and $6 target.

More recent Pandora Media, Inc. (NYSE:P) news were released by Nasdaq.com, Seekingalpha.com and Seekingalpha.com. The first one has “Multiple Deals Make Pandora Stock a Solid Buy over the Next Year” as a title and was released on June 27, 2018. The next is “Snap, Pandora launch Snap Kit to aid sharing” on June 14, 2018. And last was released on June 22, 2018, called “Pandora looks to partnerships and programmatic ads”.

Pandora Media, Inc. (NYSE:P) Institutional Investors Chart

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