Tudor Investment Corp ET AL Has $601,000 Stake in RetailMeNot Inc (NASDAQ:SALE)
Tudor Investment Corp ET AL lowered its stake in shares of RetailMeNot Inc (NASDAQ:SALE) by 3.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 74,258 shares of the technology company’s stock after selling 2,458 shares during the period. Tudor Investment Corp ET AL owned approximately 0.15% of RetailMeNot worth $601,000 as of its most recent filing with the SEC.
Several other institutional investors have also recently made changes to their positions in SALE. Princeton Alpha Management LP bought a new position in RetailMeNot during the first quarter valued at about $100,000. American International Group Inc. boosted its position in RetailMeNot by 7.1% in the first quarter. American International Group Inc. now owns 23,742 shares of the technology company’s stock valued at $192,000 after buying an additional 1,567 shares in the last quarter. KCG Holdings Inc. boosted its position in RetailMeNot by 18.9% in the first quarter. KCG Holdings Inc. now owns 24,873 shares of the technology company’s stock valued at $201,000 after buying an additional 3,951 shares in the last quarter. Globeflex Capital L P raised its stake in shares of RetailMeNot by 26.9% in the first quarter. Globeflex Capital L P now owns 28,800 shares of the technology company’s stock valued at $233,000 after buying an additional 6,100 shares during the last quarter. Finally, Metropolitan Life Insurance Co. NY raised its stake in shares of RetailMeNot by 8.3% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 26,906 shares of the technology company’s stock valued at $250,000 after buying an additional 2,052 shares during the last quarter. Hedge funds and other institutional investors own 81.00% of the company’s stock.
RetailMeNot Inc (NASDAQ SALE) traded up 0.000% during midday trading on Thursday, hitting $11.575. RetailMeNot Inc has a 52-week low of $6.83 and a 52-week high of $12.93. The stock’s 50 day moving average is $11.02 and its 200-day moving average is $9.51.
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SALE has been the subject of several recent research reports. Dougherty & Co lowered RetailMeNot from a “buy” rating to a “sell” rating and set a $11.60 price target for the company. in a report on Tuesday, April 11th. Loop Capital reiterated a “market perform” rating and issued a $11.50 target price on shares of RetailMeNot in a research report on Friday, April 14th. Jefferies Group LLC downgraded RetailMeNot from a “buy” rating to a “hold” rating and decreased their price objective for the company from $12.00 to $11.60 in a research report on Tuesday, April 11th. Finally, Royal Bank Of Canada restated a “hold” rating and set a $11.60 price objective on shares of RetailMeNot in a research report on Friday, May 19th. Three equities research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $10.27.
RetailMeNot Inc operates a savings destination connecting consumers with retailers, restaurants and brands, both online and in-store. The Company operates through two segments: Core and Gift Card. The Core segment consists of all other products and services that are related to its marketplace for digital offers.
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