RigNet, Inc. (RNET) At $16.20 Forms Bottom; Benchmark Electronics, Inc. (BHE) Had 2 Bullish Analysts

RigNet, Inc. (RNET) formed multiple bottom with $15.23 target or 6.00% below today’s $16.20 share price. RigNet, Inc. (RNET) has $295.25M valuation. The stock decreased 1.82% or $0.3 during the last trading session, reaching $16.2. About 38,388 shares traded or 23.62% up from the average. RigNet, Inc. (NASDAQ:RNET) has risen 36.15% since February 2, 2017 and is uptrending. It has outperformed by 19.45% the S&P500.

Among 5 analysts covering Benchmark Electronics (NYSE:BHE), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. Benchmark Electronics had 17 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Benchmark Electronics, Inc. (NYSE:BHE) has “Buy” rating given on Friday, October 23 by Needham. RBC Capital Markets maintained it with “Sector Perform” rating and $20 target in Friday, October 23 report. The stock has “Outperform” rating by Raymond James on Friday, July 24. The firm earned “Buy” rating on Wednesday, August 30 by Needham. Needham maintained the shares of BHE in report on Thursday, February 9 with “Buy” rating. The firm has “Buy” rating given on Tuesday, July 18 by Needham. Cross Research downgraded the stock to “Sell” rating in Friday, October 21 report. The stock of Benchmark Electronics, Inc. (NYSE:BHE) has “Buy” rating given on Friday, July 22 by Needham. The firm has “Hold” rating given on Thursday, October 19 by Needham. As per Friday, October 21, the company rating was maintained by Needham. See Benchmark Electronics, Inc. (NYSE:BHE) latest ratings:

19/10/2017 Broker: Needham Rating: Hold Downgrade
12/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $37.0 Maintain
31/08/2017 Broker: RBC Capital Markets Rating: Hold New Target: $37.0 Maintain
30/08/2017 Broker: Needham Rating: Buy New Target: $37.0 Maintain

Since September 6, 2017, it had 0 buys, and 1 insider sale for $48,755 activity. 3,000 RigNet, Inc. (NASDAQ:RNET) shares with value of $48,755 were sold by Davis Charles Louis IV.

Among 4 analysts covering RigNet (NASDAQ:RNET), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. RigNet had 7 analyst reports since August 5, 2015 according to SRatingsIntel. Piper Jaffray maintained it with “Hold” rating and $17.0 target in Wednesday, August 16 report. Sidoti initiated the stock with “Buy” rating in Monday, August 31 report. The firm has “Neutral” rating by Sidoti given on Tuesday, November 10. The stock of RigNet, Inc. (NASDAQ:RNET) has “Buy” rating given on Tuesday, June 28 by Sidoti. The company was maintained on Wednesday, August 5 by Oppenheimer.

Investors sentiment increased to 1.56 in Q3 2017. Its up 0.43, from 1.13 in 2017Q2. It increased, as 9 investors sold RigNet, Inc. shares while 16 reduced holdings. 16 funds opened positions while 23 raised stakes. 15.98 million shares or 0.83% more from 15.85 million shares in 2017Q2 were reported. Bnp Paribas Arbitrage Sa reported 999 shares or 0% of all its holdings. American Century Cos accumulated 10,106 shares. Fincl Bank Of Mellon has invested 0% of its portfolio in RigNet, Inc. (NASDAQ:RNET). Prelude Capital Mngmt Ltd Liability invested in 12,585 shares. Cornerstone Cap Management Limited Liability Corporation holds 0.01% or 38,071 shares in its portfolio. 23,700 were reported by Swiss National Bank & Trust. Alliancebernstein L P has 0% invested in RigNet, Inc. (NASDAQ:RNET). Panagora Asset Mgmt reported 0% of its portfolio in RigNet, Inc. (NASDAQ:RNET). Envestnet Asset Mgmt reported 0% of its portfolio in RigNet, Inc. (NASDAQ:RNET). Federated Invsts Pa has 0% invested in RigNet, Inc. (NASDAQ:RNET) for 388 shares. Grp Inc stated it has 8,845 shares or 0% of all its holdings. Metropolitan Life Insur Ny has invested 0% in RigNet, Inc. (NASDAQ:RNET). Barclays Public Ltd Co holds 4,206 shares or 0% of its portfolio. Blackrock reported 865,762 shares stake. Blair William Il reported 40,190 shares.

Since August 17, 2017, it had 0 insider purchases, and 2 sales for $221,032 activity. 5,922 shares were sold by DUNCAN DOUGLAS G, worth $188,969. On Thursday, September 7 the insider PETERSON SCOTT R sold $32,063.

The stock increased 0.86% or $0.25 during the last trading session, reaching $29.2. About 547,579 shares traded or 64.59% up from the average. Benchmark Electronics, Inc. (NYSE:BHE) has risen 60.40% since February 2, 2017 and is uptrending. It has outperformed by 43.70% the S&P500.