Wayside Technology Group Inc Stock as Institutional Investors Exit

May 8, 2018 - By reb123z

Sentiment for Wayside Technology Group Inc (NASDAQ:WSTG)

Wayside Technology Group Inc (NASDAQ:WSTG) institutional sentiment decreased to 1.29 in 2017 Q4. Its down -0.15, from 1.44 in 2017Q3. The ratio fall, as 9 investment professionals opened new or increased equity positions, while 7 sold and reduced stakes in Wayside Technology Group Inc. The investment professionals in our partner’s database reported: 1.73 million shares, up from 1.61 million shares in 2017Q3. Also, the number of investment professionals holding Wayside Technology Group Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 4 Increased: 7 New Position: 2.

Wayside Technology Group, Inc. operates as an information technology channel firm worldwide. The company has market cap of $65.12 million. It operates in two divisions, Lifeboat Distribution and TechXtend. It has a 12.83 P/E ratio. The firm distributes technical software and hardware to corporate and value added resellers, consultants, and systems integrators; and software, hardware, and services for firms, government organizations, and academic institutions.

The stock increased 1.05% or $0.15 during the last trading session, reaching $14.45. About 5,294 shares traded. Wayside Technology Group, Inc. (NASDAQ:WSTG) has declined 29.71% since May 8, 2017 and is downtrending. It has underperformed by 41.26% the S&P500.

Zpr Investment Management holds 1.82% of its portfolio in Wayside Technology Group, Inc. for 75,474 shares. Ativo Capital Management Llc owns 74,023 shares or 0.33% of their US portfolio. Moreover, Archford Capital Strategies Llc has 0.19% invested in the company for 30,984 shares. The New Jersey-based Peapack Gladstone Financial Corp has invested 0.07% in the stock. Eagle Asset Management Inc, a Florida-based fund reported 320,516 shares.

More important recent Wayside Technology Group, Inc. (NASDAQ:WSTG) news were published by: Seekingalpha.com which released: “Wayside Technology Group’s (WSTG) CEO Simon Nynens on Q1 2018 Results – Earnings Call Transcript” on May 06, 2018, also Streetinsider.com published article titled: “Form 8-K Wayside Technology Group For: May 03”, Nasdaq.com published: “TechXtend Education Solutions Partner with RoboKind to Bring Social-Emotional Learning to Students with Autism” on April 17, 2018. More interesting news about Wayside Technology Group, Inc. (NASDAQ:WSTG) was released by: Globenewswire.com and their article: “Wayside Technology Group, Inc. Reports 2018 First Quarter and Declares Quarterly Dividend” with publication date: May 03, 2018.

Wayside Technology Group, Inc. (NASDAQ:WSTG) Institutional Positions Chart

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