Iconix Brand Group Inc (NASDAQ:ICON) Downgraded by BidaskClub to Sell

Author

20 August, 2017

Multiple company employees have indulged in significant insider trading. It has underperformed by 30.22% the S&P500.

Fuller & Thaler Asset Management Inc increased Csg Systems Int'l Inc (CSGS) stake by 1445.03% reported in 2016Q4 SEC filing. The firm owned 120,800 shares of the brand management company's stock after selling 172,700 shares during the period. Susquehanna International Group, Llp now holds 147,883 shares with a value of $1,022,000. Emerson Elec Co (Put) now has $37.19B valuation. Washington Bancorporation accumulated 717 shares or 0.01% of the stock. About 259,202 shares traded.

Investors sentiment decreased to 1.18 in 2016 Q4. ICON's value Change from Open was at -1.07% with a Gap of 0.54%. It dropped, as 17 investors sold ICON shares while 43 reduced holdings. Credit Suisse Ag invested in 0% or 62,320 shares. Great West Life Assurance Company Can stated it has 72,385 shares. (ICON) traded down 0.72% during mid-day trading on Thursday, reaching $5.51. Goldman Sachs Gp Incorporated owns 267,759 shares or 0% of their United States portfolio. Next Gru invested 0% of its portfolio in Iconix Brand Group Inc (NASDAQ:ICON). Price T Rowe Associate Incorporated Md has 60,849 shares for 0% of their portfolio. Alliancebernstein Ltd Partnership holds 0% or 36,091 shares in its portfolio.

Iconix Brand Group (NASDAQ:ICON) last issued its earnings results on Wednesday, August 9th.

BidaskClub cut shares of Iconix Brand Group Inc (NASDAQ:ICON) from a sell rating to a strong sell rating in a research report released on Thursday morning. The firm's market capitalization is $291.16 million. Tower Limited Liability (Trc) has invested 0% in Iconix Brand Group Inc (NASDAQ:ICON). First Midwest Fincl Bank Division reported 15,693 shares.

A number of equities research analysts have recently commented on the stock. Therefore 33% are positive.

Ratings analysis reveals 29% of Iconix Brand Group's analysts are positive. The firm has "Buy" rating by TH Capital given on Wednesday, November 11. On Wednesday, August 9 the stock rating was maintained by Roth Capital with "Buy". Brean Capital has "Buy" rating and $25 target. FBR & Co reiterated an "outperform" recommendation and fixed a $8.50 price objective on the stock of Iconix Brand Group in a note on Tue, Jul 11th. As per Friday, November 6, the company rating was downgraded by Monness Crespi & Hardt. The rating was maintained by Roth Capital on Wednesday, August 9 with "Buy". The stock has " rating by Nomura on Friday, August 7.

American International Group Inc. reduced its stake in shares of Iconix Brand Group, Inc. The stock now has an average rating of "Hold" and an average target price of $10.00. The firm has "Neutral" rating given on Friday, September 30 by Guggenheim. CNA Financial Corp now owns 94,087 shares of the brand management company's stock worth $708,000 after buying an additional 500 shares in the last quarter.

Since February 21, 2017, it had 0 insider buys, and 1 sale for $642,937 activity. There were 25 sold out positions, amounting to 926,669 shares.

Investors sentiment decreased to 1.18 in Q4 2016. Its down 0.18, from 0.99 in 2016Q3. 94 funds opened positions while 333 raised stakes. 433.10 million shares or 2.57% less from 444.54 million shares in 2016Q3 were reported. Strs Ohio holds 0% or 15,400 shares. (NYSE:EMR). Pitcairn Com has 5,966 shares for 0.04% of their portfolio. Qs Ltd Limited Liability Company reported 55 shares stake. 95,872 are held by Brookstone Capital. Foundry Prtnrs Limited Liability owns 0.32% invested in CSG Systems International, Inc. (NYSE:EMR) for 40,903 shares. They use historic price data to observe stock price patterns to predict the direction of that price going forward. Malaga Cove Capital Llc, a California-based fund reported 142,092 shares.#img1#. 4,387 were reported by Pettyjohn Wood White. 327,388 were reported by Metropolitan Life Insurance New York. Shares saw a steep increase in trading volume of 96.44% over the normal average daily volume. Arizona State Retirement System now owns 29,260 shares of the brand management company's stock worth $220,000 after buying an additional 400 shares in the last quarter. The company was maintained on Wednesday, August 5 by Barclays Capital. Goldman Sachs upgraded the stock to "Buy" rating in Tuesday, January 17 report. $207,650 worth of stock was sold by REED DONALD on Monday, June 12. The stock of Emerson Electric Co. Iconix Brand Group now has a consensus rating of Hold and an average target price of $10.33. The rating was initiated by Argus Research with "Hold" on Tuesday, September 20. RBC Capital Markets maintained it with "Hold" rating and $58 target in Wednesday, April 12 report. It also upped Palo Alto Networks Inc (NYSE:PANW) stake by 56,085 shares and now owns 131,585 shares. Eclipse Res Corp (NYSE:ECR) was raised too.

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