Telenav, Inc. (TNAV) Forms $5.70 Double Bottom; U S Global Investors Has Trimmed Boeing Co (BA) Position

U S Global Investors Inc decreased Boeing Co (BA) stake by 23.61% reported in 2017Q3 SEC filing. U S Global Investors Inc sold 4,286 shares as Boeing Co (BA)’s stock rose 4.66%. The U S Global Investors Inc holds 13,868 shares with $3.53 million value, down from 18,154 last quarter. Boeing Co now has $212.59 billion valuation. The stock increased 0.73% or $2.57 during the last trading session, reaching $356.94. About 6.07 million shares traded or 48.50% up from the average. The Boeing Company (NYSE:BA) has risen 41.13% since February 2, 2017 and is uptrending. It has outperformed by 24.43% the S&P500.

Telenav, Inc. (TNAV) formed double bottom with $5.30 target or 7.00% below today’s $5.70 share price. Telenav, Inc. (TNAV) has $252.58 million valuation. The stock increased 0.88% or $0.05 during the last trading session, reaching $5.7. About 50,618 shares traded. Telenav, Inc. (NASDAQ:TNAV) has risen 88.62% since February 2, 2017 and is uptrending. It has outperformed by 71.92% the S&P500.

Investors sentiment decreased to 0.81 in 2017 Q3. Its down 0.05, from 0.86 in 2017Q2. It is negative, as 50 investors sold BA shares while 609 reduced holdings. 165 funds opened positions while 367 raised stakes. 411.79 million shares or 1.95% less from 419.99 million shares in 2017Q2 were reported. Waddell & Reed Fincl Inc has invested 0.01% in The Boeing Company (NYSE:BA). Huntington Bancorp has invested 0.3% in The Boeing Company (NYSE:BA). Zweig reported 0.03% stake. Mufg Americas Corporation owns 28,692 shares or 0.23% of their US portfolio. Brave Asset reported 1.72% stake. Wellington Shields Capital Lc reported 15,511 shares. Strategy Asset Managers Ltd Company invested in 0.68% or 12,989 shares. Natixis Asset Management stated it has 0.18% of its portfolio in The Boeing Company (NYSE:BA). 48,074 are owned by Bb&T Ltd Liability Corp. 33,583 are held by Plancorp Llc. First Bank reported 10,911 shares stake. Crawford Invest Counsel reported 20,699 shares. Cullen Frost Bankers stated it has 214,457 shares. Moreover, Franklin Street Advsr Nc has 0.26% invested in The Boeing Company (NYSE:BA) for 6,162 shares. Park National Corporation Oh stated it has 9,585 shares.

Among 23 analysts covering Boeing (NYSE:BA), 15 have Buy rating, 1 Sell and 7 Hold. Therefore 65% are positive. Boeing had 98 analyst reports since August 26, 2015 according to SRatingsIntel. Cowen & Co maintained it with “Buy” rating and $300.0 target in Wednesday, September 6 report. The firm has “Buy” rating by Jefferies given on Friday, September 22. The company was initiated on Wednesday, March 29 by Berenberg. On Monday, July 17 the stock rating was maintained by Cowen & Co with “Buy”. Morgan Stanley downgraded the shares of BA in report on Monday, March 13 to “Equal-Weight” rating. The stock of The Boeing Company (NYSE:BA) has “Sector Perform” rating given on Thursday, January 28 by RBC Capital Markets. The stock of The Boeing Company (NYSE:BA) has “Buy” rating given on Tuesday, June 13 by Cowen & Co. The firm has “Buy” rating by Jefferies given on Friday, March 24. The firm earned “Buy” rating on Thursday, February 1 by Credit Suisse. Canaccord Genuity maintained The Boeing Company (NYSE:BA) rating on Wednesday, October 18. Canaccord Genuity has “Hold” rating and $245 target.

Since August 7, 2017, it had 0 insider buys, and 1 insider sale for $32,321 activity. Downey Thomas J had sold 134 shares worth $32,321.

U S Global Investors Inc increased Goodyear Tire & Rubr Co (NASDAQ:GT) stake by 16,100 shares to 49,900 valued at $1.66 million in 2017Q3. It also upped Spirit Airls Inc (NASDAQ:SAVE) stake by 48,851 shares and now owns 140,897 shares. Wheaton Precious Metals Corp was raised too.