National Asset Management INC Has Upped Its Stake in Straight Path Communicatns I (STRP) as Stock Price Rose

December 7, 2017 - By Darrin Black

Investors sentiment increased to 1.9 in Q2 2017. Its up 0.47, from 1.43 in 2017Q1. It improved, as 11 investors sold STRP shares while 29 reduced holdings. 58 funds opened positions while 18 raised stakes. 5.93 million shares or 35.21% more from 4.39 million shares in 2017Q1 were reported. Tudor Inv Corporation Et Al holds 0.14% or 25,320 shares in its portfolio. Bridgeway Cap Mgmt Inc accumulated 12,143 shares. P Schoenfeld Asset Mgmt Ltd Partnership has invested 0.04% in Straight Path Communications Inc. (NYSEAMERICAN:STRP). Adage Gp Limited Liability Company holds 29,400 shares or 0.01% of its portfolio. Ingalls Snyder Ltd owns 17,384 shares or 0.17% of their US portfolio. Prelude Capital Mgmt Ltd has invested 0.06% of its portfolio in Straight Path Communications Inc. (NYSEAMERICAN:STRP). Qs Investors Limited Company has 700 shares. Bankshares Of America De holds 0% of its portfolio in Straight Path Communications Inc. (NYSEAMERICAN:STRP) for 1,994 shares. Gabelli And Investment Advisers stated it has 27,561 shares. Bainco owns 1,250 shares. California Employees Retirement accumulated 1,400 shares. Water Island Cap Ltd Limited Liability Company invested in 1.08% or 128,228 shares. 118,432 are held by Gilder Gagnon Howe & Limited Liability Company. Meeder Asset Management, Ohio-based fund reported 79 shares. Bank & Trust Of Montreal Can, Ontario – Canada-based fund reported 131 shares.

Since June 13, 2017, it had 0 insider buys, and 5 selling transactions for $13.98 million activity. Shares for $897,927 were sold by ZEIDMAN FRED S. TODD K CHRIS also sold $4.32M worth of Straight Path Communications Inc. (NYSEAMERICAN:STRP) shares. On Tuesday, June 13 the insider PI ZHOUYUE sold $3.80 million. JONAS HOWARD S had sold 18,217 shares worth $3.27 million on Wednesday, June 14.

National Asset Management Inc increased its stake in Straight Path Communicatns I (STRP) by 96.08% based on its latest 2017Q2 regulatory filing with the SEC. National Asset Management Inc bought 24,500 shares as the company’s stock rose 414.53% with the market. The institutional investor held 50,000 shares of the telecommunications equipment company at the end of 2017Q2, valued at $8.98 million, up from 25,500 at the end of the previous reported quarter. National Asset Management Inc who had been investing in Straight Path Communicatns I for a number of months, seems to be bullish on the $2.31 billion market cap company. The stock decreased 0.11% or $0.2 during the last trading session, reaching $181.39. About 62,869 shares traded. Straight Path Communications Inc. (NYSEMKT:STRP) has risen 435.39% since December 7, 2016 and is uptrending. It has outperformed by 418.69% the S&P500.

More notable recent Straight Path Communications Inc. (NYSEAMERICAN:STRP) news were published by: Fool.com which released: “Why Straight Path Communications Inc. Stock Jumped Today” on April 25, 2017, also Fool.com with their article: “Why Straight Path Communications Inc. Stock Skyrocketed 150% Today” published on April 10, 2017, Seekingalpha.com published: “Straight Path Communications Inc.: Setting The Story Straight” on January 19, 2017. More interesting news about Straight Path Communications Inc. (NYSEAMERICAN:STRP) were released by: Barrons.com and their article: “Straight Path: Why Is Everyone So Obsessed? Asks Moffett-Nathanson” published on May 08, 2017 as well as Seekingalpha.com‘s news article titled: “A Potential Bidding War For Straight Path Communications” with publication date: January 17, 2017.

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