Is Advanced Drainage Systems, Inc. (WMS) Stock a Sell after Thomas Fussner’s Insider Deal?; Range Resources (RRC) Shorts Up By 9.82%

Range Resources Corporation (NYSE:RRC) had an increase of 9.82% in short interest. RRC’s SI was 32.48M shares in February as released by FINRA. Its up 9.82% from 29.58 million shares previously. With 5.25 million avg volume, 6 days are for Range Resources Corporation (NYSE:RRC)’s short sellers to cover RRC’s short positions. The SI to Range Resources Corporation’s float is 13.37%. The stock increased 3.22% or $0.41 during the last trading session, reaching $13.14. About 9.27 million shares traded or 9.38% up from the average. Range Resources Corporation (NYSE:RRC) has declined 36.05% since February 15, 2017 and is downtrending. It has underperformed by 52.75% the S&P500.

The Advanced Drainage Systems Inc’s EVP and Co-COO, Thomas Fussner, the well informed man unloaded – 20,000 Advanced Drainage Systems Inc’s shares, based on the avg market share price which was $26.6 of a share. The reported shares today has a value of close to $532,507 USD. The regulatory filing shows that Thomas Fussner now holds around 0.98% of the Ohio-based company’s market cap (total dollar market value of all company’s outstanding shares) The provided information is according to a SEC document dated 14/02/2018.

Among 6 analysts covering Advanced Drainage Systems (NYSE:WMS), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. Advanced Drainage Systems has $32 highest and $22.0 lowest target. $25.80’s average target is -4.09% below currents $26.9 stock price. Advanced Drainage Systems had 26 analyst reports since November 24, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, June 8 by Deutsche Bank. The rating was maintained by Robert W. Baird on Friday, November 3 with “Outperform”. RBC Capital Markets maintained the stock with “Sector Perform” rating in Wednesday, November 30 report. The rating was maintained by Robert W. Baird on Wednesday, October 4 with “Buy”. On Wednesday, December 13 the stock rating was maintained by Robert W. Baird with “Buy”. RBC Capital Markets maintained the shares of WMS in report on Friday, May 26 with “Hold” rating. The rating was downgraded by Deutsche Bank on Tuesday, November 24 to “Hold”. The firm has “Hold” rating by RBC Capital Markets given on Monday, August 7. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, January 13. The stock of Advanced Drainage Systems, Inc. (NYSE:WMS) earned “Hold” rating by RBC Capital Markets on Monday, October 9.

Investors sentiment increased to 1.59 in Q3 2017. Its up 0.59, from 1 in 2017Q2. It improved, as 11 investors sold Advanced Drainage Systems, Inc. shares while 23 reduced holdings. 18 funds opened positions while 36 raised stakes. 42.73 million shares or 3.33% more from 41.35 million shares in 2017Q2 were reported. 5,192 were accumulated by Royal Comml Bank Of Canada. Wellington Mngmt Group Llp accumulated 5.97 million shares. Citadel Limited Liability Corp holds 211,511 shares or 0% of its portfolio. Nationwide Fund Advsr, a Pennsylvania-based fund reported 35,689 shares. First Advsr Ltd Partnership owns 270,944 shares. Alliancebernstein Limited Partnership holds 0% or 55,932 shares in its portfolio. Ameritas Partners reported 0% in Advanced Drainage Systems, Inc. (NYSE:WMS). Allen Inv Mngmt Llc holds 0.1% or 105,820 shares. Northern Trust Corporation has 468,337 shares for 0% of their portfolio. State Street Corp invested 0% in Advanced Drainage Systems, Inc. (NYSE:WMS). 2.74M were accumulated by Par Capital Incorporated. Credit Agricole S A has invested 0.06% in Advanced Drainage Systems, Inc. (NYSE:WMS). Ack Asset Mngmt Limited reported 4.61% in Advanced Drainage Systems, Inc. (NYSE:WMS). Deprince Race And Zollo holds 1.33 million shares or 0.61% of its portfolio. Credit Suisse Ag accumulated 0% or 41,173 shares.

Advanced Drainage Systems, Inc. designs, makes, and markets thermoplastic corrugated pipes and related water management products for non-residential, residential, agriculture, and infrastructure applications in the United States and internationally. The company has market cap of $1.51 billion. The firm provides single, double, and triple wall corrugated polypropylene and polyethylene pipes; and allied products comprising storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water quality filters and separators. It has a 34.66 P/E ratio. It also purchases and distributes construction fabrics, as well as other geosynthetic products for soil stabilization, reinforcement, filtration, separation, erosion control, and sub-surface drainage.

Since September 11, 2017, it had 0 insider buys, and 2 insider sales for $530,496 activity. $415,310 worth of Advanced Drainage Systems, Inc. (NYSE:WMS) was sold by KLEIN ROBERT M on Monday, September 11. $115,186 worth of Advanced Drainage Systems, Inc. (NYSE:WMS) was sold by VITARELLI RONALD R on Wednesday, December 13.

The stock decreased 1.10% or $0.3 during the last trading session, reaching $26.9. About 330,640 shares traded or 19.71% up from the average. Advanced Drainage Systems, Inc. (NYSE:WMS) has declined 0.13% since February 15, 2017 and is downtrending. It has underperformed by 16.83% the S&P500.

Among 42 analysts covering Range Resources Corp. (NYSE:RRC), 24 have Buy rating, 3 Sell and 15 Hold. Therefore 57% are positive. Range Resources Corp. had 139 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, September 13 by Stifel Nicolaus. As per Wednesday, October 11, the company rating was upgraded by Barclays Capital. Citigroup maintained the stock with “Buy” rating in Monday, November 13 report. The rating was maintained by JP Morgan with “Neutral” on Monday, May 2. The rating was maintained by Stifel Nicolaus on Tuesday, August 8 with “Buy”. The company was maintained on Monday, May 2 by Barclays Capital. On Thursday, March 30 the stock rating was upgraded by UBS to “Buy”. The firm has “Buy” rating given on Wednesday, April 26 by JP Morgan. Credit Suisse maintained Range Resources Corporation (NYSE:RRC) rating on Thursday, January 25. Credit Suisse has “Outperform” rating and $23 target. As per Tuesday, May 17, the company rating was upgraded by Raymond James.

Range Resources Corporation operates as an independent natural gas, natural gas liquids , and oil company. The company has market cap of $3.21 billion. It engages in the exploration, development, and acquisition of natural gas and oil properties. It currently has negative earnings. The firm holds interests in developed and undeveloped natural gas and oil leases in the Appalachian and North Louisiana region of the United States.

Since October 26, 2017, it had 1 insider buy, and 3 sales for $228,453 activity. The insider PALKO STEFFEN E bought $500,609. 10,757 Range Resources Corporation (NYSE:RRC) shares with value of $176,678 were sold by MANNY ROGER S. DUB ANTHONY V sold $46,533 worth of stock. Poole David P sold $505,851 worth of Range Resources Corporation (NYSE:RRC) on Tuesday, December 12.

Investors sentiment is 1.35 in Q3 2017. Its the same as in 2017Q2. It has no change, as 55 investors sold Range Resources Corporation shares while 102 reduced holdings. only 52 funds opened positions while 160 raised stakes. 248.08 million shares or 7.58% more from 230.61 million shares in 2017Q2 were reported. Blue Ridge Lc reported 1.85M shares. Raymond James And Associates reported 0.01% of its portfolio in Range Resources Corporation (NYSE:RRC). Elm Ridge Mgmt Ltd Liability Com owns 2.37% invested in Range Resources Corporation (NYSE:RRC) for 287,960 shares. Price T Rowe Associates Md accumulated 725,495 shares or 0% of the stock. Bancorporation Of America De owns 0.01% invested in Range Resources Corporation (NYSE:RRC) for 2.15M shares. Whittier Trust Of Nevada Incorporated holds 0% or 2,037 shares. 40,350 were accumulated by Silvercrest Asset Management Group Lc. 15,000 are owned by Hartwell J M L P. Hsbc Public Ltd Com holds 0.01% in Range Resources Corporation (NYSE:RRC) or 193,828 shares. New Jersey Better Educational Savings Tru holds 0.46% of its portfolio in Range Resources Corporation (NYSE:RRC) for 28,000 shares. Meridian accumulated 0.5% or 51,855 shares. 1,900 were accumulated by Macquarie Group Limited. Citadel Ltd Liability, Illinois-based fund reported 39,603 shares. Tcw Inc reported 16,752 shares stake. State Board Of Administration Of Florida Retirement Sys reported 0.02% in Range Resources Corporation (NYSE:RRC).