Market Filing: Professional Diversity Network, Inc Has Another Bullish Trade, Cosmic Forward Ltd Bought Stake!

Market Filing: Professional Diversity Network, Inc Has Another Bullish Trade, Cosmic Forward Ltd Bought Stake!

The New Cosmic Forward Ltd Holding in Professional Diversity Network, Inc

Cosmic Forward Ltd filed with the SEC SC 13D form for Professional Diversity Network, Inc. The form can be accessed here: 000121465916014761. As reported in Cosmic Forward Ltd’s form, the filler as of late owns 54.7% or 1,983,342 shares of the Information Technology–company.

Professional Diversity Network, Inc stake is a new one for the and it was filed because of activity on November 7, 2016. We feel this shows Cosmic Forward Ltd’s positive view for the stock.

Reasons Why Cosmic Forward Ltd Bought – Professional Diversity Network, Inc Stock

Purpose of Transaction

The responses to Item 3, Item 5 and Item 6 of this Statement are incorporated herein by reference.

Effective as of the closing of the Share Purchase (the “

Closing

”), Katherine Butkevich, Stephen Pemberton and Andrea Sáenz resigned from the Board and the remaining members of the Board appointed the following persons designated by the Reporting Person to fill the vacancies created and to serve until the Issuer’s next annual meeting of stockholders (and until their successors are duly elected and qualified):

CUSIP No.

74312Y202

Page

4

of

10

Name

Age

Position

Xiaojing Huang

60

Director

Xianfang Liu

64

Director

Jingbo Song

63

Director

Maoji (Michael) Wang

44

Director

Hao Zhang

49

Director

Xiaojing Huang

was a senior consultant at Shaklee (China) Co., Ltd., a manufacturer and distributor of personal care products based in China, from September 2005 to September 2016.

Xianfang Liu

has been a professor and Director of the Center for International Business Studies at the New York Institute of Technology (NYIT) since September 1997. Since September 2008, Mr. Liu has also served as Executive Associate Dean for Global Programs at NYIT. From December 2006 to September 2008, he also served as Dean of the School of Management at NYIT.

Jingbo Song

has served as Chairman of GNet Group Plc., an e-commerce company based in China, since March 2016. Before joining GNet Group Plc., Mr. Song was retired.

Maoji (Michael) Wang

is the managing partner of Beijing Daqian Law Firm, and has held that position since November 2005. Mr. Wang has also served as a vice president at GNet Group Plc, an e-commerce company based in China, since April 2014, and as Chief Executive Officer of Tibet Weibai Investment Fund Management Co., Ltd. since March 2016, Guangzhou Gaixin Network Technology Development Co., Ltd. since May 2016 and Guangzhou Yougaojiu Marketing Management Co., Ltd. since June 2016. He has also worked as a supervisor at Guangzhou Wu Wei E-commerce Services Co., Ltd. since January 2015 and Yunnan Linkenuodi Education Information Consulting Co., Ltd. since November 2012.

Hao Zhang

is a private investor based in China. Mr. Zhang has served as a director of Wealth Power Global Trading Limited since June 2015.

Professional Diversity Network, Inc Institutional Sentiment

Latest Security and Exchange filings show 10 investors own Professional Diversity Network, Inc. The institutional ownership in Q3 2015 is low, at 56.80% of the outstanding shares. This is increased by 65457 the total institutional shares. 2056022 were the shares owned by these institutional investors. In total 2 funds opened new Professional Diversity Network, Inc stakes, 2 increased stakes. There were 3 that closed positions and 1 reduced them.

Clear Harbor Asset Management Llc is an institutional investor bullish on Professional Diversity Network, Inc, owning 30705 shares as of Q3 2015 for 0.01% of its portfolio. Perritt Capital Management Inc owns 203200 shares or 0.03% of its portfolio. IL North Star Investment Management Corp have 0.24% of their stock portfolio for 1584552 shares. Further, Bard Associates Inc reported stake worth 0.03% of its US stock portfolio. The MN Perkins Capital Management Inc owns 97000 shares. Professional Diversity Network, Inc is 0.08% of the manager’s US portfolio.

Business Profile

Professional Diversity Network, Inc. is an operator of professional networks with a focus on diversity. The Company serves various communities, including Women, Hispanic-Americans, African-Americans, Asian-Americans, Disabled, Military Professionals, and Lesbian, Gay, Bisexual and Transgender (LGBT). The Company’s segments include Professional Diversity Network (PDN Network), which includes online professional networking communities with career resources for the needs of various diverse cultural groups; National Association of Professional Women (NAPW Network), a women-only professional networking organization, and Noble Voice operations (Noble Voice), a career consultation and lead generation service. The Noble Voice call centers qualify callers for real-time job placement. The PDN Network consists of various online professional networking communities dedicated to serving diverse professionals in the United States and employers seeking to hire diverse talent.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

Insitutional Activity: The institutional sentiment decreased to 0.43 in Q2 2016. Its down 0.37, from 0.8 in 2016Q1. The ratio is negative, as 3 funds sold all Professional Diversity Network Inc shares owned while 4 reduced positions. 2 funds bought stakes while 1 increased positions. They now own 1.79 million shares or 2.02% less from 1.82 million shares in 2016Q1.

Citadel Advsrs Limited, a Illinois-based fund reported 12,342 shares. Citigroup last reported 0% of its portfolio in the stock. California Employees Retirement Sys last reported 0% of its portfolio in the stock. Bank Of America De last reported 3 shares in the company. Kcg Inc has 0% invested in the company for 46,192 shares. Clear Harbor Asset Mgmt Ltd Company holds 0% or 25,705 shares in its portfolio. North Star Invest holds 0.12% of its portfolio in Professional Diversity Network Inc (NASDAQ:IPDN) for 1.59M shares. Moreover, Bard Assoc has 0.01% invested in Professional Diversity Network Inc (NASDAQ:IPDN) for 46,775 shares. Susquehanna Gru Ltd Liability Partnership has 16,160 shares for 0% of their US portfolio.

Analysts await Professional Diversity Network Inc (NASDAQ:IPDN) to report earnings on November, 21. They expect $-0.07 EPS, up 79.41% or $0.27 from last year’s $-0.34 per share. After $-0.06 actual EPS reported by Professional Diversity Network Inc for the previous quarter, Wall Street now forecasts 16.67% negative EPS growth.

The stock decreased 7.03% or $0.45 on November 16, hitting $5.95. About 5,634 shares traded hands. Professional Diversity Network Inc (NASDAQ:IPDN) has risen 82.32% since April 14, 2016 and is uptrending. It has outperformed by 77.63% the S&P500.

Professional Diversity Network, Inc

More notable recent Professional Diversity Network Inc (NASDAQ:IPDN) news were published by: Globenewswire.com which released: “Professional Diversity Network Announces Third Quarter 2016 Financial Results” on November 15, 2016, also Globenewswire.com with their article: “Professional Diversity Network, Inc. Announces Working Capital Line and …” published on July 06, 2016, Marketwatch.com published: “Professional Diversity Network Inc.” on March 07, 2013. More interesting news about Professional Diversity Network Inc (NASDAQ:IPDN) were released by: Globenewswire.com and their article: “Professional Diversity Network, Inc. Announces New Federal Partnership” published on July 13, 2016 as well as Globenewswire.com‘s news article titled: “Professional Diversity Network, Inc. Announces Stock Buyback” with publication date: October 08, 2015.

According to Zacks Investment Research, “Professional Diversity Network LLC develops and operates online networks serving diverse professionals in the United States. The Company is focused on Hispanic-American and African-American professionals and has launched additional Websites to other diverse segments. It offers job postings, resume database access, research services, career advice, advertisement opportunity and newsletter marketing. Professional Diversity Network LLC is based in Chicago, Illinois.”

IPDN Company Profile

Professional Diversity Network, Inc., incorporated on January 31, 2012, is an operator of professional networks with a focus on diversity. The Firm serves various communities, including Women, Hispanic-Americans, African-Americans, Asian-Americans, Disabled, Military Professionals, and Lesbian, Gay, Bisexual and Transgender (LGBT). The Company’s divisions include Professional Diversity Network (PDN Network), which includes online professional networking communities with career resources for the needs of various diverse cultural groups; National Association of Professional Women (NAPW Network), a women-only professional networking organization, and Noble Voice activities (Noble Voice), a career consultation and lead generation service.

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