Sentiment for Safeguard Scientifics Inc (NYSE:SFE)
Safeguard Scientifics Inc (NYSE:SFE) institutional sentiment decreased to 0.64 in 2018 Q4. Its down -0.27, from 0.91 in 2018Q3. The ratio has dropped, as 23 hedge funds increased and started new positions, while 36 reduced and sold stock positions in Safeguard Scientifics Inc. The hedge funds in our partner’s database now own: 13.98 million shares, down from 14.68 million shares in 2018Q3. Also, the number of hedge funds holding Safeguard Scientifics Inc in their top 10 positions increased from 0 to 1 for an increase of 1. Sold All: 8 Reduced: 28 Increased: 15 New Position: 8.
Safeguard Scientifics, Inc. is a private equity and venture capital firm specializing in expansion financings, growth capital, management buyouts, recapitalizations, industry consolidations, corporate spinouts, growth stage, and early stage financings in Fintech sector. The company has market cap of $225.11 million. It initially invests in a Series A-C round and opportunistically in a seed round. It currently has negative earnings. The firm prefers to make investments in companies engaged in the technology, financial services, and healthcare sector.
The stock decreased 2.68% or $0.3 during the last trading session, reaching $10.9. About 213,578 shares traded or 147.50% up from the average. Safeguard Scientifics, Inc. (NYSE:SFE) has declined 14.78% since March 17, 2018 and is downtrending. It has underperformed by 19.15% the S&P500.
Yakira Capital Management Inc. holds 2.31% of its portfolio in Safeguard Scientifics, Inc. for 796,689 shares. Zuckerman Investment Group Llc owns 789,689 shares or 1.89% of their US portfolio. Moreover, Prescott Group Capital Management L.L.C. has 1.48% invested in the company for 879,640 shares. The Illinois-based Perritt Capital Management Inc has invested 0.43% in the stock. Herald Investment Management Ltd, a United Kingdom-based fund reported 111,000 shares.
Since January 1, 0001, it had 5 buys, and 0 sales for $247,123 activity.
More news for Safeguard Scientifics, Inc. (NYSE:SFE) were recently published by: Streetinsider.com, which released: “Safeguard Scientifics (SFE) Tops Q4 EPS by 12c – StreetInsider.com” on February 28, 2019. Seekingalpha.com‘s article titled: “Safeguard Scientifics, Inc. (SFE) CEO Brian Sisko on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” and published on March 03, 2019 is yet another important article.