Firsthand Capital Management Holding in Proofpoint (PFPT) Upped by $830,000; As Pattern Energy Group (PEGI) Share Price Declined, Shareholder Beach Investment Counsel Cut Its Stake by $815,640

Proofpoint, Inc. (NASDAQ:PFPT) Logo

Firsthand Capital Management Inc increased its stake in Proofpoint Inc. (PFPT) by 33.33% based on its latest 2018Q4 regulatory filing with the SEC. Firsthand Capital Management Inc bought 10,000 shares as the company’s stock rose 23.13% with the market. The institutional investor held 40,000 shares of the technology company at the end of 2018Q4, valued at $3.35M, up from 30,000 at the end of the previous reported quarter. Firsthand Capital Management Inc who had been investing in Proofpoint Inc. for a number of months, seems to be bullish on the $6.81B market cap company. The stock decreased 0.70% or $0.87 during the last trading session, reaching $122.94. About 412,317 shares traded. Proofpoint, Inc. (NASDAQ:PFPT) has risen 7.11% since April 17, 2018 and is uptrending. It has outperformed by 2.74% the S&P500. Some Historical PFPT News: 17/04/2018 – Proofpoint’s Annual Human Factor Cybersecurity Report Details Ransomware Phishing, Cryptocurrency Threats, Cloud Application; 15/05/2018 – Whale Rock Capital Management Buys 2.1% Position in Proofpoint; 26/04/2018 – Proofpoint 1Q Adj EPS 30c; 20/03/2018 – Global Market Survey: 77% of Businesses Expect to Fall Victim to Email Fraud in the Next 12 Months; 26/04/2018 – Proofpoint 1Q Loss/Shr 24c; 26/04/2018 – Proofpoint 1Q Rev $162.5M; 13/03/2018 – Malwarebytes could consider IPO in 12 months – CEO; 26/04/2018 – Proofpoint Sees 2Q Loss $40.4M-Loss $37.3M; 26/04/2018 – PROOFPOINT 1Q REV. $162.5M, EST. $152.0M; 02/05/2018 – Proofpoint Presenting at Cowen Conference May 30

Beach Investment Counsel Inc decreased its stake in Pattern Energy Group Inc. (PEGI) by 2.24% based on its latest 2018Q4 regulatory filing with the SEC. Beach Investment Counsel Inc sold 38,840 shares as the company’s stock declined 3.62% while stock markets rallied. The hedge fund held 1.70M shares of the central company at the end of 2018Q4, valued at $36.13M, down from 1.74M at the end of the previous reported quarter. Beach Investment Counsel Inc who had been investing in Pattern Energy Group Inc. for a number of months, seems to be less bullish one the $2.20 billion market cap company. The stock decreased 1.73% or $0.39 during the last trading session, reaching $22.38. About 376,335 shares traded. Pattern Energy Group Inc. (NASDAQ:PEGI) has risen 18.66% since April 17, 2018 and is uptrending. It has outperformed by 14.29% the S&P500. Some Historical PEGI News: 24/05/2018 – PATTERN ENERGY TO GET $67M CASH FROM ARROYO ENERGY; 24/05/2018 – PRESS RELEASE – PATTERN ENERGY ENTERS AGREEMENT TO SELL OPERATIONS IN CHILE; 21/05/2018 – Pattern Acquires New Mexico Wind Project and Transmission Line; 10/05/2018 – PATTERN ENERGY COULD BUY ASSETS ALONGSIDE PARTNERS; 21/04/2018 – DJ Pattern Energy Group Inc Class A, Inst Holders, 1Q 2018 (PEGI); 10/05/2018 – PATTERN ENERGY CEO MIKE GARLAND SPEAKS ON 1Q EARNINGS CALL; 24/05/2018 – PATTERN ENERGY GROUP INC – ENTERS AGREEMENT FOR SALE OF 81 MW IN EL ARRAYÁN WIND PROJECT TO ARROYO ENERGY INVESTORS; 24/05/2018 – Pattern Energy Group Selling Chile Operation to Affiliates of Arroyo Energy Investors; 24/05/2018 – PATTERN ENERGY TO SELL OPS IN CHILE TO ARROYO ENERGY AFFILIATES; 22/03/2018 – Pattern Completes a 33-Megawatt Wind Farm, Its First in Japan

Investors sentiment increased to 1.05 in 2018 Q4. Its up 0.06, from 0.99 in 2018Q3. It improved, as 22 investors sold PEGI shares while 51 reduced holdings. 32 funds opened positions while 45 raised stakes. 78.49 million shares or 4.93% less from 82.57 million shares in 2018Q3 were reported. Moreover, D E Shaw has 0% invested in Pattern Energy Group Inc. (NASDAQ:PEGI) for 137,674 shares. Kansas-based Tortoise Capital Advsr Ltd Liability Corporation has invested 0% in Pattern Energy Group Inc. (NASDAQ:PEGI). Alliancebernstein Lp holds 0% or 242,829 shares. Kennedy Cap Mngmt reported 150,775 shares stake. Scotia Capital holds 70,355 shares. Eventide Asset Lc holds 1.05 million shares or 0.86% of its portfolio. Wilbanks Smith And Thomas Asset Mgmt Ltd Liability Corporation stated it has 0.02% of its portfolio in Pattern Energy Group Inc. (NASDAQ:PEGI). Geode Capital Mngmt Lc holds 1.15M shares. Dimensional Fund Advsr Limited Partnership has invested 0.02% in Pattern Energy Group Inc. (NASDAQ:PEGI). Pnc Fincl Services Group invested in 23,310 shares. Toronto Dominion Savings Bank accumulated 0% or 45 shares. Point72 Asset Management LP reported 0% of its portfolio in Pattern Energy Group Inc. (NASDAQ:PEGI). State Board Of Administration Of Florida Retirement Systems, Florida-based fund reported 15,421 shares. First Tru Advsrs LP reported 202,338 shares. Kbc Grp Inc Nv holds 28,423 shares or 0.01% of its portfolio.

Analysts await Pattern Energy Group Inc. (NASDAQ:PEGI) to report earnings on May, 9. They expect $0.17 EPS, down 87.12% or $1.15 from last year’s $1.32 per share. PEGI’s profit will be $16.67 million for 32.91 P/E if the $0.17 EPS becomes a reality. After $-0.15 actual EPS reported by Pattern Energy Group Inc. for the previous quarter, Wall Street now forecasts -213.33% EPS growth.

More notable recent Pattern Energy Group Inc. (NASDAQ:PEGI) news were published by: Seekingalpha.com which released: “Pattern Energy to sell K2 Wind facility for $166M – Seeking Alpha” on November 07, 2018, also Nasdaq.com with their article: “Pattern Energy (PEGI) Up 2.8% Since Last Earnings Report: Can It Continue? – Nasdaq” published on December 05, 2018, Seekingalpha.com published: “Pattern’s 9% Dividend Analyzed – Seeking Alpha” on June 04, 2018. More interesting news about Pattern Energy Group Inc. (NASDAQ:PEGI) were released by: Globenewswire.com and their article: “Report: Exploring Fundamental Drivers Behind ABB, Sotheby’s, Apollo Global Management, Verisk Analytics, Pattern Energy Group, and Community Healthcare Trust — New Horizons, Emerging Trends, and Upcoming Developments – GlobeNewswire” published on March 26, 2019 as well as Seekingalpha.com‘s news article titled: “Pattern Energy Q4 2018 Earnings Preview – Seeking Alpha” with publication date: February 28, 2019.

Beach Investment Counsel Inc, which manages about $1.43 billion and $825.86 million US Long portfolio, upped its stake in Teekay Lng Partners (NYSE:TGP) by 638,682 shares to 665,959 shares, valued at $8.56 million in 2018Q4, according to the filing. It also increased its holding in Enbridge Inc. (NYSE:ENB) by 25,567 shares in the quarter, for a total of 99,751 shares, and has risen its stake in Cvs Health Corp (NYSE:CVS).

Since November 6, 2018, it had 0 buys, and 4 sales for $98,294 activity.

More notable recent Proofpoint, Inc. (NASDAQ:PFPT) news were published by: Seekingalpha.com which released: “A Full Review Of The New BlackBerry – Seeking Alpha” on April 16, 2019, also Benzinga.com with their article: “36 Stocks Moving In Thursday’s Pre-Market Session – Benzinga” published on March 28, 2019, Nasdaq.com published: “5 Cybersecurity Stocks to Watch As the Trend Heats Up – Nasdaq” on April 04, 2019. More interesting news about Proofpoint, Inc. (NASDAQ:PFPT) were released by: Globenewswire.com and their article: “Proofpoint to Report First Quarter 2019 Financial Results – GlobeNewswire” published on April 03, 2019 as well as Seekingalpha.com‘s news article titled: “Billion-Dollar Unicorns: Proofpoint Steadily Building Through Acquisitions – Seeking Alpha” with publication date: February 15, 2019.

Investors sentiment decreased to 1.06 in Q4 2018. Its down 0.04, from 1.1 in 2018Q3. It fall, as 54 investors sold PFPT shares while 69 reduced holdings. 38 funds opened positions while 92 raised stakes. 48.17 million shares or 5.96% less from 51.22 million shares in 2018Q3 were reported. Swiss National Bank & Trust has 90,652 shares. Jpmorgan Chase Company reported 0.03% stake. 45,003 were reported by Advisors Asset Incorporated. Raymond James And reported 29,680 shares stake. Bamco reported 0.01% of its portfolio in Proofpoint, Inc. (NASDAQ:PFPT). Essex Inv Mngmt Co Ltd Liability Co invested 0.46% in Proofpoint, Inc. (NASDAQ:PFPT). Marshall Wace Limited Liability Partnership holds 0% of its portfolio in Proofpoint, Inc. (NASDAQ:PFPT) for 5,790 shares. 70,769 are held by Sei Invs. 572,702 were accumulated by Voya Invest Management Ltd. Tiverton Asset Mgmt Limited Company has invested 0.17% in Proofpoint, Inc. (NASDAQ:PFPT). Manufacturers Life Ins The stated it has 0% of its portfolio in Proofpoint, Inc. (NASDAQ:PFPT). The Connecticut-based Quantitative Systematic Strategies Ltd Llc has invested 0.17% in Proofpoint, Inc. (NASDAQ:PFPT). Walleye Trading Ltd Liability Co reported 23,897 shares. Foundry Ptnrs Ltd Liability Corp holds 0.01% or 3,107 shares. Commerzbank Aktiengesellschaft Fi stated it has 2,509 shares.

Pattern Energy Group Inc. (NASDAQ:PEGI) Institutional Positions Chart