Big Money Are Crazy For Pandora Media Inc (NYSE:P), Sentiment at 1.5

June 29, 2018 - By Glen Chin

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

Positions for Pandora Media Inc (NYSE:P)

“Big money sentiment for Pandora Media Inc (NYSE:P) in Q1 2018 increased to 1.5, according to Securities and Exchange Commission filings. That’s up 0.46, from 2017Q4’s 1.04. 111 investment professionals started new or increased positions, while 74 sold and trimmed positions in Pandora Media Inc so the sentiment has increased. Funds own 239.08 million shares, up from 233.88 million shares in 2017Q4. Funds holding Pandora Media Inc in top 10 decreased from 4 to 3 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.

Largest Pandora Media Inc Investors

Sls Management Llc owns 672,674 shares in Pandora Media Inc as of Q1 2018. As of Q1 2018, 5.64 million shares of Pandora Media Inc are owned by Crosslink Capital Inc. Kopernik Global Investors Llc reported 6.32 million shares. The Virginia-based fund Foxhaven Asset Management Lp have invested about 2.59% of the fund’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 stocks portfolio.

Pandora Media, Inc. provides Internet music platform services in North America.The firm is valued at $2.10 billion. 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.Currently it has 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 touched $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%.

Diligent Invsts Limited Liability Corporation holds 0.04% in Pandora Media, Inc. (NYSE:P) or 12,800 shs. Weiss Multi holds 0.06% of its capital in Pandora Media, Inc. (NYSE:P) for 350,000 shs. Legal And General Grp Incorporated Plc holds 127,512 shs. Virtu Limited Company owns 300,681 shs or 0.08% of their US capital. Zacks Invest Mngmt owns 647,614 shs for 0.07% of their capital. Peak6 L P accumulated 4,575 shs. Blackrock holds 0% of its capital in Pandora Media, Inc. (NYSE:P) for 11.07M shs. Moreover, Foxhaven Asset Mgmt L P has 2.59% invested in Pandora Media, Inc. (NYSE:P) for 7.68 million shs. Voya Invest Mgmt Ltd owns 87,462 shs or 0% of their US capital. Prelude Capital Management Limited Liability Com stated it has 0.02% in Pandora Media, Inc. (NYSE:P). Reilly Ltd Liability, a California-based fund reported 200 shs. Metropolitan Life Ins New York stated it has 18,048 shs. Price T Rowe Assoc Inc Md holds 618,957 shs. Samlyn Cap Ltd holds 0.11% or 977,191 shs in its capital. State Board Of Administration Of Florida Retirement Sys has 0.01% invested in Pandora Media, Inc. (NYSE:P) for 407,304 shs.

Pandora Media, Inc. had 12 sales and 0 insider buys since February 16, 2018. This’s net activity of $1.09 million. Shares for $68,794 were sold by Phillips Christopher W on Friday, February 16. Walker Karen Sammis sold $86,271 worth of stock. On Wednesday, May 16 BENE STEPHEN G sold $48,628 worth of Pandora Media, Inc. (NYSE:P). On Friday, February 16 Trimble John also sold $64,322 worth of Pandora Media, Inc. (NYSE:P). Robinson Kristen sold 11,403 shs worth $57,757.

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”. 36% are bullish. 17 are the (NYSE:P)’s analyst reports since January 8, 2018 according to StockzIntelligence Inc. The stock rating was maintained by Susquehanna with “Hold” on Thursday, February 22. The stock rating was upgraded by SunTrust to “Buy” on Friday, May 4. On Wednesday, April 11 the firm has “Neutral” rating by JP Morgan given. On Thursday, April 5 the stock has “Buy” rating by Canaccord Genuity. On Monday, January 8 Morgan Stanley downgraded Pandora Media, Inc. (NYSE:P) to “Equal-Weight” rating. On Thursday, February 22 Bank of America maintained Pandora Media, Inc. (NYSE:P) rating. Bank of America has “Underperform” rating and $5.6 target. On Thursday, February 22 the stock of Pandora Media, Inc. (NYSE:P) has “Hold” rating given by Stifel Nicolaus. On Thursday, February 22 the stock of Pandora Media, Inc. (NYSE:P) earned “Neutral” rating by Credit Suisse. On Thursday, February 22 B. Riley & Co maintained Pandora Media, Inc. (NYSE:P) with “Neutral” rating. On Tuesday, April 10 J.P. Morgan maintained Pandora Media, Inc. (NYSE:P) with “Hold” rating.

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

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: