Mohawk Industries, Inc. (MHK)’s Insider Filip Balcaen Acquires 10,046 Shares; YY – American Depositary Shares (YY) Shorts Up By 2.92%

Mohawk Industries, Inc. (NYSE:MHK) Logo

YY Inc – American Depositary Shares (NASDAQ:YY) had an increase of 2.92% in short interest. YY’s SI was 1.23M shares in May as released by FINRA. Its up 2.92% from 1.20 million shares previously. With 2.30M avg volume, 1 days are for YY Inc – American Depositary Shares (NASDAQ:YY)’s short sellers to cover YY’s short positions. The SI to YY Inc – American Depositary Shares’s float is 3.36%. The stock increased 1.90% or $1.9702 during the last trading session, reaching $105.7202. About 216,115 shares traded. YY Inc. (NASDAQ:YY) has risen 125.46% since May 11, 2017 and is uptrending. It has outperformed by 113.91% the S&P500.

Another recent and important Mohawk Industries, Inc. (NYSE:MHK) news was published by Seekingalpha.com which published an article titled: “Mohawk Industries’ (MHK) CEO Jeffrey Lorberbaum on Q1 2018 Results – Earnings Call Transcript” on April 27, 2018.

Based on an average price per share of $209.8, Filip Balcaen, the Mohawk Industries Inc’s director invested in 10,046 shares of Mohawk Industries Inc worth exactly $2.11 million U.S Dollars . It seems he is very active lately as in the last 30 days, he quietly acquired additional 66,199 shares of the company, worth $13.84 million USD. The transaction was dated 10/05/2018 and was unveiled in a report filed with the U.S. SEC. The report is freely available for public review here. At present, Filip Balcaen owns 1.33 million shares which are equivalent to about 1.79% of the company’s total market capitalization.

The stock increased 0.38% or $0.795 during the last trading session, reaching $212.325. About 35,460 shares traded. Mohawk Industries, Inc. (NYSE:MHK) has risen 0.12% since May 11, 2017 and is uptrending. It has underperformed by 11.43% the S&P500.

Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces worldwide. The company has market cap of $15.84 billion. It operates through three divisions: Global Ceramic, Flooring North America , and Flooring Rest of the World (Flooring ROW). It has a 4.26 P/E ratio. The Global Ceramic segment provides a range of ceramic tile, porcelain tile, and natural stone products; and sources, markets, and distributes other tile related products.

Since February 14, 2018, it had 2 insider purchases, and 11 insider sales for $4.60 million activity. Boykin Frank H also sold $255,501 worth of Mohawk Industries, Inc. (NYSE:MHK) on Friday, March 9. The insider Turner John C JR sold 1,487 shares worth $352,984. 17,383 Mohawk Industries, Inc. (NYSE:MHK) shares with value of $4.35M were sold by Thiers Bernard. RUNGE WILLIAM HENRY III also bought $125,435 worth of Mohawk Industries, Inc. (NYSE:MHK) on Wednesday, February 14. $109,270 worth of Mohawk Industries, Inc. (NYSE:MHK) was sold by Patton Rodney David. Shares for $13.84 million were bought by BALCAEN FILIP on Monday, April 30. $2.19M worth of stock was sold by WELLBORN CHISTOPHER on Friday, February 16.

Among 21 analysts covering Mohawk (NYSE:MHK), 16 have Buy rating, 0 Sell and 5 Hold. Therefore 76% are positive. Mohawk has $345.0 highest and $185 lowest target. $267.94’s average target is 26.19% above currents $212.325 stock price. Mohawk had 56 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Overweight” rating given on Monday, October 30 by Barclays Capital. Jefferies maintained the stock with “Buy” rating in Wednesday, January 17 report. The firm has “Overweight” rating given on Friday, January 6 by Barclays Capital. The firm has “Buy” rating by Goldman Sachs given on Tuesday, October 6. RBC Capital Markets maintained it with “Outperform” rating and $237.0 target in Monday, August 10 report. Wells Fargo initiated the shares of MHK in report on Thursday, September 29 with “Market Perform” rating. The rating was maintained by Robert W. Baird with “Buy” on Monday, April 30. The company was initiated on Tuesday, November 3 by Robert W. Baird. The firm has “Buy” rating by RBC Capital Markets given on Monday, June 19. The company was maintained on Monday, July 31 by RBC Capital Markets.

Investors sentiment increased to 1.13 in Q4 2017. Its up 0.03, from 1.1 in 2017Q3. It increased, as 28 investors sold Mohawk Industries, Inc. shares while 181 reduced holdings. 74 funds opened positions while 163 raised stakes. 56.08 million shares or 0.46% more from 55.82 million shares in 2017Q3 were reported. The Japan-based Nomura Asset Mngmt has invested 0.03% in Mohawk Industries, Inc. (NYSE:MHK). New York-based Qs Investors Llc has invested 0% in Mohawk Industries, Inc. (NYSE:MHK). Comerica Commercial Bank invested in 16,404 shares or 0.03% of the stock. Oregon Public Employees Retirement Fund holds 0.03% or 6,637 shares in its portfolio. 292,551 were accumulated by Glenview Cap Mngmt Limited Liability Corporation. Scout Invests accumulated 73,504 shares. Meiji Yasuda Asset Mgmt Co, a Japan-based fund reported 4,578 shares. Quantbot Tech Lp accumulated 16,525 shares or 0.42% of the stock. Horizon Investment Svcs Lc owns 14,736 shares for 1.68% of their portfolio. Bnp Paribas Arbitrage reported 21,711 shares. Polar Cap Llp holds 0.61% of its portfolio in Mohawk Industries, Inc. (NYSE:MHK) for 212,724 shares. Barclays Pcl reported 0.05% stake. Keybank National Association Oh holds 0.01% or 5,099 shares. Systematic Financial L P holds 0.01% in Mohawk Industries, Inc. (NYSE:MHK) or 2,100 shares. 11,905 are held by Pub Employees Retirement Association Of Colorado.

YY Inc., through its subsidiaries, operates a live streaming platform in the PeopleÂ’s Republic of China. The company has market cap of $6.68 billion. It engages users to interact in live online group activities through voice, text, and video, as well as to create and organize groups of various sizes to discover and participate in a range of online activities, including music shows, online games, dating shows, live game broadcasting, and e-learning. It has a 16.19 P/E ratio. The companyÂ’s primary product is YY Client, which enables users to engage in live interactions online; and provides access to user-created online social activities groups.

Among 14 analysts covering YY Inc (NASDAQ:YY), 12 have Buy rating, 0 Sell and 2 Hold. Therefore 86% are positive. YY Inc had 24 analyst reports since August 17, 2015 according to SRatingsIntel. Pacific Crest downgraded the stock to “Sector Weight” rating in Monday, August 17 report. Bank of America initiated YY Inc. (NASDAQ:YY) rating on Monday, November 28. Bank of America has “Buy” rating and $60 target. Citigroup initiated the stock with “Buy” rating in Tuesday, February 20 report. As per Thursday, November 16, the company rating was upgraded by JP Morgan. Jefferies upgraded the stock to “Buy” rating in Wednesday, November 15 report. Nomura upgraded the stock to “Buy” rating in Wednesday, January 17 report. J.P. Morgan upgraded YY Inc. (NASDAQ:YY) on Thursday, November 16 to “Buy” rating. The firm has “Hold” rating given on Friday, June 16 by Jefferies. The company was upgraded on Thursday, January 18 by Instinet. The rating was maintained by Piper Jaffray on Friday, August 14 with “Overweight”.

More notable recent YY Inc. (NASDAQ:YY) news were published by: Nasdaq.com which released: “YY Announces Pricing of Initial Public Offering of HUYA Inc.” on May 11, 2018, also Seekingalpha.com with their article: “YY: Here’s Another Why” published on April 25, 2018, Nasdaq.com published: “YY Filed 2017 Annual Report on Form 20-F” on April 26, 2018. More interesting news about YY Inc. (NASDAQ:YY) were released by: Seekingalpha.com and their article: “YY’s Shares Have Fallen Off Too Much” published on April 12, 2018 as well as Seekingalpha.com‘s news article titled: “Live-Streaming Titans: Momo Or YY? The Answer May Surprise You” with publication date: April 13, 2018.

Mohawk Industries, Inc. (NYSE:MHK) Institutional Positions Chart