Could Pandora Media, Inc. (P) See a Reversal After This Very Strong Session?

March 14, 2018 - By Adrian Mccoy

Investors sentiment decreased to 0.92 in 2017 Q3. Its down 0.40, from 1.32 in 2017Q2. It dropped, as 47 investors sold Pandora Media, Inc. shares while 59 reduced holdings. 40 funds opened positions while 58 raised stakes. 282.75 million shares or 0.59% less from 284.42 million shares in 2017Q2 were reported.
Lpl Ltd Llc holds 0% or 27,570 shares in its portfolio. 995,427 were reported by Ariel Invests Ltd Limited Liability Company. Vanguard Group has 18.69M shares. Metropolitan Life Insurance has 17,030 shares. 7,900 were reported by Manufacturers Life Insur The. Clearline Cap L P reported 2.72% stake. Levin Strategies Lp invested in 99,100 shares or 0.01% of the stock. 43,323 are held by Nationwide Fund Advsr. Bryn Mawr invested in 0% or 10,000 shares. Northern Corporation stated it has 0% of its portfolio in Pandora Media, Inc. (NYSE:P). Moreover, Highbridge has 0.01% invested in Pandora Media, Inc. (NYSE:P) for 43,627 shares. Prudential Fincl invested in 0% or 12,275 shares. Ws Lllp invested in 1.6% or 8.35 million shares. Act Ii Lp invested in 1.46% or 270,000 shares. Tocqueville Asset Management Lp accumulated 261,276 shares.

Since February 16, 2018, it had 0 insider buys, and 5 insider sales for $299,241 activity. $51,335 worth of Pandora Media, Inc. (NYSE:P) shares were sold by GERBITZ DAVID. 12,699 Pandora Media, Inc. (NYSE:P) shares with value of $64,322 were sold by Trimble John. Shares for $57,757 were sold by Robinson Kristen on Friday, February 16. Phillips Christopher W sold $68,794 worth of stock or 13,582 shares.

The stock of Pandora Media, Inc. (NYSE:P) is a huge mover today! The stock increased 5.00% or $0.25 during the last trading session, reaching $5.25. About 13.62 million shares traded or 25.56% up from the average. Pandora Media, Inc. (NYSE:P) has declined 12.50% since March 14, 2017 and is downtrending. It has underperformed by 29.20% the S&P500.
The move comes after 9 months positive chart setup for the $1.34B company. It was reported on Mar, 14 by We have $5.41 PT which if reached, will make NYSE:P worth $40.14M more.

Pandora Media, Inc. (NYSE:P) Ratings Coverage

Among 40 analysts covering Pandora Media (NYSE:P), 12 have Buy rating, 2 Sell and 26 Hold. Therefore 30% are positive. Pandora Media had 149 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Credit Suisse on Thursday, February 22 with “Neutral”. The stock has “Hold” rating by J.P. Morgan on Friday, November 3. Albert Fried maintained Pandora Media, Inc. (NYSE:P) on Monday, September 21 with “Overweight” rating. The stock of Pandora Media, Inc. (NYSE:P) has “Neutral” rating given on Friday, February 12 by Credit Suisse. On Friday, November 3 the stock rating was downgraded by B. Riley & Co to “Neutral”. The rating was maintained by Oppenheimer with “Hold” on Tuesday, August 8. JP Morgan downgraded Pandora Media, Inc. (NYSE:P) on Monday, November 6 to “Neutral” rating. On Friday, October 23 the stock rating was downgraded by Oppenheimer to “Perform”. On Friday, June 9 the stock rating was maintained by Canaccord Genuity with “Buy”. BTIG Research upgraded Pandora Media, Inc. (NYSE:P) on Tuesday, January 19 to “Neutral” rating.

More recent Pandora Media, Inc. (NYSE:P) news were published by: which released: “Pandora Media Inc’s Broken Business Model Plays Ugly Tune” on March 12, 2018. Also published the news titled: “Pandora Media Inc Stock Is a Sell, Even at All-Time Lows” on February 27, 2018.‘s news article titled: “Can Pandora Media Inc Stock Make It Through the Trenches?” with publication date: February 21, 2018 was also an interesting one.

Pandora Media, Inc. provides Internet music platform services in North America. The company has market cap of $1.34 billion. The firm allows its listeners to create personalized stations to access music and comedy catalogs, as well as personalized playlist generating system; and offers Pandora Plus and Pandora Premium, a paid subscription service to listeners. It currently has negative earnings. Pandora Media, Inc. also sells audio, display, and video advertising to advertisers for delivery on computer, mobile, and other connected device platforms.

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