Morgens Waterfall Vintiadis & Co Decreased Arista Networks (ANET) Stake as Share Value Rose; Freeport (FCX) Shareholder Putnam Investments Lifted Holding

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Morgens Waterfall Vintiadis & Co Inc decreased its stake in Arista Networks Inc (ANET) by 16.13% based on its latest 2018Q4 regulatory filing with the SEC. Morgens Waterfall Vintiadis & Co Inc sold 2,500 shares as the company’s stock rose 20.82% with the market. The hedge fund held 13,000 shares of the technology company at the end of 2018Q4, valued at $2.74 million, down from 15,500 at the end of the previous reported quarter. Morgens Waterfall Vintiadis & Co Inc who had been investing in Arista Networks Inc for a number of months, seems to be less bullish one the $23.84 billion market cap company. The stock decreased 2.18% or $7.01 during the last trading session, reaching $314.74. About 153,288 shares traded. Arista Networks, Inc. (NYSE:ANET) has risen 7.81% since April 4, 2018 and is uptrending. It has outperformed by 3.44% the S&P500. Some Historical ANET News: 28/03/2018 – ARISTA NETWORKS INC – ITC ISSUED RD IN ITC 945 MODIFICATION PROCEEDING INITIATED BY CISCO SYSTEMS, AGAINST ARISTA NETWORKS; 28/03/2018 – ARISTA NETWORKS INC – ALJ SUPPORTED SUSPENSION OF REMEDIES CONCERNING ‘668 PATENT PENDING COMPLETION OF CISCO’S APPEALS OF DECISION; 22/04/2018 – DJ Arista Networks Inc, Inst Holders, 1Q 2018 (ANET); 11/05/2018 – Arista Takes Aim at Cisco — Barrons.com; 03/05/2018 – Arista Networks Closes Above 50-Day Moving Average: Technicals; 16/05/2018 – Arista Networks Presenting at Bank of America Conference Jun 5; 30/04/2018 – Arista Networks Presenting at Cowen Conference May 30; 03/05/2018 – Arista Networks Sees 2Q Rev $500M-$514M; 29/05/2018 – Arista Networks Presenting at Cowen Conference Tomorrow; 24/03/2018 – Arista Networks Access Event Set By Aliya Capital for Mar. 26

Putnam Investments Llc increased its stake in Freeport (FCX) by 173.46% based on its latest 2018Q4 regulatory filing with the SEC. Putnam Investments Llc bought 2.01M shares as the company’s stock rose 6.77% with the market. The institutional investor held 3.16 million shares of the basic industries company at the end of 2018Q4, valued at $32.62 million, up from 1.16 million at the end of the previous reported quarter. Putnam Investments Llc who had been investing in Freeport for a number of months, seems to be bullish on the $18.95 billion market cap company. The stock decreased 0.61% or $0.08 during the last trading session, reaching $13.08. About 2.04 million shares traded. Freeport-McMoRan Inc. (NYSE:FCX) has declined 31.07% since April 4, 2018 and is downtrending. It has underperformed by 35.44% the S&P500. Some Historical FCX News: 15/05/2018 – FREEPORT COULD PAY HIGHER DIVIDEND OR SPECIAL DIVIDEND: CEO; 06/03/2018 – FREEPORT-MCMORAN SAYS ON MARCH 5, 2018, ANDREW LANGHAM RESIGNED FROM BOARD OF CO – SEC FILING; 24/04/2018 – Freeport quarterly profit rises on higher copper prices; 24/04/2018 – FREEPORT – ASSUMING ACHIEVEMENT OF PLANNED OPER. RATES FOR REMAINDER OF 2018, SALES VOLUMES FROM INDONESIA MINING EXPECTED TO BE ABOUT 1.15 BLN POUNDS OF COPPER; 12/04/2018 – Praxair Starts Up Gas Supply to New World-Scale Yara Freeport LLC Ammonia Plant; 11/05/2018 – INDONESIA DECREE SAYS WILL FINE COMPANIES 20 PCT OF MINERAL EXPORT REVENUE IF NOT ENOUGH PROGRESS BUILDING SMELTERS; 15/05/2018 – FREEPORT WOULDN’T RULE OUT INVESTING IN HIGH-RISK JURISDICTIONS; 26/04/2018 – FREEPORT: GRASBERG OPERATIONS UNAFFECTED BY NEW REQUIREMENTS; 08/05/2018 – BT Investment Adds Pagseguro Digital Ltd., Cuts Freeport: 13F; 15/05/2018 – Freeport Fears Subside as CEO Sees Solution in Indonesia Dispute

Since October 30, 2018, it had 0 insider purchases, and 2 selling transactions for $922,205 activity. WHITMIRE C DONALD JR also sold $85,955 worth of Freeport-McMoRan Inc. (NYSE:FCX) on Tuesday, February 12.

More notable recent Freeport-McMoRan Inc. (NYSE:FCX) news were published by: Seekingalpha.com which released: “The Curious Case Of Freeport-McMoRan – Seeking Alpha” on June 11, 2018, also Seekingalpha.com with their article: “Freeport gets Indonesia copper concentrate export allowance – Seeking Alpha” published on March 08, 2019, Fool.com published: “Why Shares of Freeport-McMoRan Plummeted 46% in 2018 – The Motley Fool” on January 14, 2019. More interesting news about Freeport-McMoRan Inc. (NYSE:FCX) were released by: Seekingalpha.com and their article: “Deep Value At Freeport-McMoRan – Seeking Alpha” published on September 11, 2018 as well as Seekingalpha.com‘s news article titled: “Freeport-McMoRan: Bargain Bin – Seeking Alpha” with publication date: December 26, 2018.

Investors sentiment decreased to 0.91 in Q4 2018. Its down 0.19, from 1.1 in 2018Q3. It dropped, as 54 investors sold FCX shares while 224 reduced holdings. 72 funds opened positions while 180 raised stakes. 1.00 billion shares or 1.82% more from 983.61 million shares in 2018Q3 were reported. Advisor Prns Lc holds 55,753 shares or 0.09% of its portfolio. Dubuque Bancorporation Company reported 0% stake. Pennsylvania-based Rodgers Brothers Incorporated has invested 0% in Freeport-McMoRan Inc. (NYSE:FCX). Texas Permanent School Fund has invested 0.05% of its portfolio in Freeport-McMoRan Inc. (NYSE:FCX). Jupiter Asset Mgmt Limited holds 0.11% or 297,886 shares in its portfolio. Arizona State Retirement System stated it has 0.06% in Freeport-McMoRan Inc. (NYSE:FCX). Icahn Carl C owns 50.16M shares or 2.53% of their US portfolio. Buckingham Asset Mgmt Ltd reported 11,454 shares. Marshall Wace Ltd Liability Partnership invested in 0.09% or 809,631 shares. Whittier Trust, California-based fund reported 2,107 shares. Capital Global invested in 0.22% or 60.32 million shares. Cambridge Invest Advsr invested in 182,338 shares or 0.02% of the stock. Strs Ohio reported 67,478 shares. Moreover, Supplemental Annuity Collective Tru Of Nj has 0.22% invested in Freeport-McMoRan Inc. (NYSE:FCX) for 42,000 shares. 167,129 are held by Da Davidson & Company.

Putnam Investments Llc, which manages about $89.35B and $37.87 billion US Long portfolio, decreased its stake in Cit Group Inc (NYSE:CIT) by 266,883 shares to 110,366 shares, valued at $4.22M in 2018Q4, according to the filing. It also reduced its holding in Alcoa Corp by 20,112 shares in the quarter, leaving it with 4.37M shares, and cut its stake in Cl A.

Analysts await Arista Networks, Inc. (NYSE:ANET) to report earnings on May, 2. They expect $1.82 EPS, up 19.74% or $0.30 from last year’s $1.52 per share. ANET’s profit will be $137.83 million for 43.23 P/E if the $1.82 EPS becomes a reality. After $1.95 actual EPS reported by Arista Networks, Inc. for the previous quarter, Wall Street now forecasts -6.67% negative EPS growth.

Morgens Waterfall Vintiadis & Co Inc, which manages about $187.68M and $112.41 million US Long portfolio, upped its stake in Advanced Micro Devices Inc (NASDAQ:AMD) by 40,000 shares to 140,000 shares, valued at $2.58 million in 2018Q4, according to the filing.

Freeport-McMoRan Inc. (NYSE:FCX) Institutional Positions Chart

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