13GD Runner: Learn Why Typenex Co-Investment Just Purchased 1Pm Industries Stake?

13GD Runner: Learn Why Typenex Co Investment Just Purchased 1Pm Industries Stake?

The New Typenex Co-Investment Holding in 1Pm Industries

Typenex Co-Investment filed with the SEC SC 13G form for 1Pm Industries. The form can be accessed here: 000114036116087219. As reported in Typenex Co-Investment’s form, the filler as of late owns 9.99% or 12,011,666 shares of the -company.

1Pm Industries stake is a new one for the and it was filed because of activity on November18,2016. We feel this shows Typenex Co-Investment’s positive view for the stock.

Business Profile

Trendline Info & Communication Services Ltd. is an Israel-based data vender. The Company is engaged directly and through its subsidiaries in the supply of combined financial data through software systems for Internet applications. The Company offers real-time and historical financial information to professional bodies and private users. In addition, the Company offers other information services including legal, taxation and land registration. The Company operates Bizportal.co.il, which is a financial Website with a variety of application and services directed at the financial professional users.

SEC Form 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.

The stock closed at $1199 during the last session. It is down 6.00% since October 19, 2016 and is uptrending. It has outperformed by 1.57% the S&P500.

Trendline Info & Communication Services Ltd. is an Israel data vender. The company has a market cap of $105.79 million. The Firm is engaged directly and through its subsidiaries in the supply of combined financial data through software systems for Internet applications. It has a 27.49 P/E ratio. The Firm offers real-time and historical financial information to professional bodies and private users.

More notable recent Trendline Info & Communication Services (TLV:TREN) news were published by: Huffingtonpost.com which released: “2015: The Trend Line for Communications Services — Phone, Broadband, Internet …” on January 08, 2015, also Bloomberg.com with their article: “DAX Underpinned by Multiyear Trendline as QE Under Way: Chart” published on January 13, 2016, Prnewswire.com published: “Trendlines Portfolio Company E.T.View Medical Ltd. to be Acquired by Ambu A/S” on June 22, 2016. More interesting news about Trendline Info & Communication Services (TLV:TREN) were released by: Bloomberg.com and their article: “ADXY Below 1998 Trendline Points to More Downside Risk: Analysis” published on January 07, 2016 as well as Bloomberg.com‘s news article titled: “Brent Locked Between Multiyear Trendline, Moving Average: Chart” with publication date: January 27, 2016.

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