Institutional Investors Are Selling Trans World Entertainment Corp (NASDAQ:TWMC)

June 19, 2017 - By Vivian Park

 Institutional Investors Are Selling Trans World Entertainment Corp (NASDAQ:TWMC)

Sentiment for Trans World Entertainment Corp (NASDAQ:TWMC)

Trans World Entertainment Corp (NASDAQ:TWMC) institutional sentiment decreased to 0.64 in Q4 2016. Its down -0.61, from 1.25 in 2016Q3. The ratio has dropped, as 7 investment managers opened new and increased stock positions, while 11 sold and reduced their holdings in Trans World Entertainment Corp. The investment managers in our partner’s database now possess: 6.07 million shares, down from 6.13 million shares in 2016Q3. Also, the number of investment managers holding Trans World Entertainment Corp in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 6 Increased: 6 New Position: 1.

Trans World Entertainment Corporation is a specialty retailer of entertainment products, including trend, video, music, electronics and related products. The company has market cap of $61.45 million. The Firm operates a chain of retail entertainment stores and e-commerce sites, www.fye.com and www.secondspin.com. It has a 10.6 P/E ratio. It owns interest in Record Town, Inc., through which its principal activities are conducted.

It closed at $1.65 lastly. It is down 51.57% since June 19, 2016 and is downtrending. It has underperformed by 68.27% the S&P500.

Nantahala Capital Management Llc holds 0.6% of its portfolio in Trans World Entertainment Corporation for 1.78 million shares. Yakira Capital Management Inc. owns 10,400 shares or 0.02% of their US portfolio. Moreover, Bridgeway Capital Management Inc has 0.01% invested in the company for 200,596 shares. The Massachusetts-based Acadian Asset Management Llc has invested 0% in the stock. Axa, a France-based fund reported 24,554 shares.#img1#

Since January 1, 0001, it had 2 buys, and 0 insider sales for $164,462 activity.

More notable recent Trans World Entertainment Corporation (NASDAQ:TWMC) news were published by: Seekingalpha.com which released: “Trans World Entertainment’s (TWMC) CEO Michael Feurer on Q4 2016 Results …” on March 16, 2017, also Prnewswire.com with their article: “Trans World Entertainment Names Scott Hoffman as Chief Merchandising Officer” published on June 16, 2015, Bizjournals.com published: “Trans World Entertainment paying $5 million less in acquisition” on May 09, 2017. More interesting news about Trans World Entertainment Corporation (NASDAQ:TWMC) were released by: Bizjournals.com and their article: “Bob Higgins, chairman of Trans World Entertainment in Albany, dies” published on March 02, 2017 as well as Valuewalk.com‘s news article titled: “Trans World Entertainment Corporation: Sneaky Turnaround Play?” with publication date: January 31, 2014.

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