Are Analysts Bearish USA Technologies, Inc. (NASDAQ:USAT) After Last Week?

June 21, 2018 - By Linda Rogers

USA Technologies, Inc. (NASDAQ:USAT) LogoInvestors sentiment increased to 1.44 in Q1 2018. Its up 0.28, from 1.16 in 2017Q4. It improved, as 13 investors sold USA Technologies, Inc. shares while 23 reduced holdings. 16 funds opened positions while 36 raised stakes. 32.20 million shares or 17.02% more from 27.52 million shares in 2017Q4 were reported.
Castleark Mgmt Lc invested 0.21% in USA Technologies, Inc. (NASDAQ:USAT). Guggenheim Capital Ltd Liability stated it has 15,458 shares. Avalon Advisors Ltd Co owns 0.07% invested in USA Technologies, Inc. (NASDAQ:USAT) for 251,473 shares. Shannon River Fund Mngmt Limited Liability owns 265,040 shares. Ameritas Invest Prns reported 4,133 shares. White Pine Cap Ltd Liability holds 0.15% or 44,115 shares in its portfolio. Chevy Chase Tru has invested 0% in USA Technologies, Inc. (NASDAQ:USAT). 336,268 were reported by Jpmorgan Chase And Com. Alliancebernstein Ltd Partnership holds 0% of its portfolio in USA Technologies, Inc. (NASDAQ:USAT) for 30,400 shares. Moreover, Balyasny Asset Limited Liability Co has 0% invested in USA Technologies, Inc. (NASDAQ:USAT). Pnc Serv Group accumulated 39,999 shares. Moreover, Brown Advisory Limited Liability has 0.08% invested in USA Technologies, Inc. (NASDAQ:USAT) for 49,900 shares. Citigroup reported 4,605 shares. Goldman Sachs Grp Inc reported 0% stake. Renaissance Ltd Liability Com accumulated 0% or 239,700 shares.

USA Technologies, Inc. (NASDAQ:USAT) Ratings Coverage

Among 2 analysts covering USA Technologies (NASDAQ:USAT), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. USA Technologies had 4 analyst reports since March 23, 2018 according to SRatingsIntel. On Tuesday, April 3 the stock rating was maintained by Barrington with “Buy”. Lake Street maintained it with “Buy” rating and $1700 target in Wednesday, June 13 report. Below is a list of USA Technologies, Inc. (NASDAQ:USAT) latest ratings and price target changes.

13/06/2018 Broker: Lake Street Rating: Buy New Target: $17.0000 Maintain
03/04/2018 Broker: Barrington Rating: Buy Maintain
03/04/2018 Broker: Lake Street Rating: Buy New Target: $11 Initiates Coverage On
23/03/2018 Broker: Barrington Rating: Buy

The stock decreased 0.53% or $0.075 during the last trading session, reaching $13.975. About 291,679 shares traded. USA Technologies, Inc. (NASDAQ:USAT) has risen 181.25% since June 21, 2017 and is uptrending. It has outperformed by 168.68% the S&P500.

USA Technologies, Inc. provides wireless networking, cashless transactions, asset monitoring, and other value-added services in the United States and internationally. The company has market cap of $838.51 million. It creates and markets systems and solutions that facilitate electronic payment options, as well as telemetry and machine-to-machine services. It currently has negative earnings. The company's ePort Connect solution offers various POS options, card processing, wireless connectivity, customer/consumer, online sales reporting, M2M telemetry and DEX data transfer, over-the-air update capabilities, deployment planning, and value-added services, as well as planning, project management, installation support, marketing, and performance evaluation services.

More news for USA Technologies, Inc. (NASDAQ:USAT) were recently published by: Nasdaq.com, which released: “KBW Announces Index Rebalancing for Second-Quarter 2018” on June 09, 2018. Fool.com‘s article titled: “Why USA Technologies Shares Jumped” and published on May 23, 2018 is yet another important article.

USA Technologies, Inc. (NASDAQ:USAT) Institutional Positions Chart

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