Confluence Investment Management Has Lifted Ares Capital Corp. (ARCC) Stake; 2 Analysts Bullish Sigma Designs, Inc. (SIGM)

Sigma Designs, Inc. (NASDAQ:SIGM) Logo

Confluence Investment Management Llc increased Ares Capital Corp. (ARCC) stake by 2.04% reported in 2017Q4 SEC filing. Confluence Investment Management Llc acquired 102,683 shares as Ares Capital Corp. (ARCC)’s stock rose 0.32%. The Confluence Investment Management Llc holds 5.14 million shares with $80.87 million value, up from 5.04 million last quarter. Ares Capital Corp. now has $7.08 billion valuation. The stock increased 0.42% or $0.07 during the last trading session, reaching $16.6. About 1.70 million shares traded. Ares Capital Corporation (NASDAQ:ARCC) has declined 8.33% since May 13, 2017 and is downtrending. It has underperformed by 19.88% the S&P500.

Among 7 analysts covering Sigma Designs (NASDAQ:SIGM), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. Sigma Designs has $15 highest and $4.0 lowest target. $9.92’s average target is 58.72% above currents $6.25 stock price. Sigma Designs had 16 analyst reports since September 10, 2015 according to SRatingsIntel. Benchmark downgraded Sigma Designs, Inc. (NASDAQ:SIGM) on Friday, December 8 to “Hold” rating. The rating was downgraded by Craig Hallum to “Hold” on Friday, December 8. The rating was maintained by Needham on Wednesday, June 7 with “Hold”. The company was downgraded on Friday, December 8 by Lake Street. The stock of Sigma Designs, Inc. (NASDAQ:SIGM) has “Buy” rating given on Monday, November 2 by Lake Street. The firm has “Hold” rating by BWS Financial given on Friday, November 13. On Wednesday, June 7 the stock rating was maintained by Robert W. Baird with “Buy”. Lake Street upgraded the stock to “Buy” rating in Thursday, March 30 report. The stock of Sigma Designs, Inc. (NASDAQ:SIGM) has “Hold” rating given on Wednesday, December 7 by Lake Street. Benchmark maintained it with “Buy” rating and $10 target in Wednesday, December 7 report. See Sigma Designs, Inc. (NASDAQ:SIGM) latest ratings:

08/12/2017 Broker: Lake Street Old Rating: Buy New Rating: Hold Old Target: $7 Downgrade
08/12/2017 Broker: Craig Hallum Rating: Hold Downgrade
08/12/2017 Broker: Benchmark Old Rating: Buy New Rating: Hold Downgrade

Investors sentiment increased to 2.04 in Q4 2017. Its up 0.91, from 1.13 in 2017Q3. It improved, as 7 investors sold Sigma Designs, Inc. shares while 18 reduced holdings. 32 funds opened positions while 19 raised stakes. 23.71 million shares or 2.12% more from 23.22 million shares in 2017Q3 were reported. Citadel Ltd Liability Corp reported 36,668 shares or 0% of all its holdings. Susquehanna Gru Ltd Liability Partnership owns 216,347 shares. Ameritas Investment Incorporated accumulated 2,732 shares or 0% of the stock. Barclays Public Lc holds 191,180 shares. Schwab Charles holds 0% or 68,458 shares. Goldman Sachs Grp Inc Inc invested in 212,581 shares or 0% of the stock. National Bank & Trust Of Ny Mellon Corporation stated it has 0% of its portfolio in Sigma Designs, Inc. (NASDAQ:SIGM). Two Sigma Ltd Llc has invested 0% in Sigma Designs, Inc. (NASDAQ:SIGM). Panagora Asset Mgmt owns 0.01% invested in Sigma Designs, Inc. (NASDAQ:SIGM) for 225,282 shares. Macquarie Grp Incorporated invested 0% of its portfolio in Sigma Designs, Inc. (NASDAQ:SIGM). Ironwood Invest accumulated 92,206 shares. 81,808 are held by Morgan Stanley. Jpmorgan Chase And stated it has 168,332 shares or 0% of all its holdings. Omers Administration owns 454,700 shares or 0.03% of their US portfolio. 53,700 are held by Price T Rowe Assocs Inc Md.

Sigma Designs, Inc. provides integrated system-on-chip solutions and intelligent platforms for use in various home entertainment and home control appliances. The company has market cap of $247.35 million. The companyÂ’s media processor product line includes a range of platforms that are based on integrated chips, embedded software, and hardware reference designs. It currently has negative earnings. The Company’s media connectivity product line comprises wired home networking controller chipsets that provide connectivity solutions between various home entertainment products and incoming video streams.

The stock decreased 1.57% or $0.1 during the last trading session, reaching $6.25. About 308,433 shares traded. Sigma Designs, Inc. (NASDAQ:SIGM) has risen 1.64% since May 13, 2017 and is uptrending. It has underperformed by 9.91% the S&P500.

Another recent and important Sigma Designs, Inc. (NASDAQ:SIGM) news was published by which published an article titled: “Sigma Designs, Inc. Reports Fourth Quarter and Fiscal Year 2018 Financial Results” on April 20, 2018.

Confluence Investment Management Llc decreased American Express Company (NYSE:AXP) stake by 35,043 shares to 495,399 valued at $49.20M in 2017Q4. It also reduced Glaxosmithkline Plc (Adr 1:2) (NYSE:GSK) stake by 410,395 shares and now owns 1.63 million shares. Thermo Fisher Scientific Inc. (NYSE:TMO) was reduced too.

Investors sentiment decreased to 0.92 in Q4 2017. Its down 0.04, from 0.96 in 2017Q3. It fall, as 55 investors sold ARCC shares while 108 reduced holdings. 40 funds opened positions while 110 raised stakes. 156.46 million shares or 3.16% less from 161.57 million shares in 2017Q3 were reported. Raymond James Fin Serv Advisors stated it has 0.02% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC). Weybosset Rech Mngmt Ltd Limited Liability Company invested in 23,019 shares or 0.22% of the stock. Fifth Third Fincl Bank holds 803 shares. Sg Americas Secs Ltd Co invested in 0.02% or 141,118 shares. Pnc Financial Ser Gru Inc stated it has 55,529 shares. Perigon Wealth Management Ltd Co owns 1,150 shares. Cornerstone holds 119,514 shares. Financial Counselors invested in 10,031 shares or 0.01% of the stock. West Family Invests holds 0.18% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC) for 44,796 shares. Cipher Ltd Partnership holds 0.06% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC) for 48,059 shares. Landscape Cap Ltd Limited Liability Company stated it has 27,315 shares. Paragon Capital Mngmt, a Colorado-based fund reported 15,098 shares. Allen Inv Mngmt stated it has 148,053 shares. Moody Retail Bank Division invested in 23,175 shares or 0.02% of the stock. 19,306 were accumulated by Prudential Fincl.

Since January 23, 2018, it had 6 insider buys, and 0 insider sales for $450,246 activity. BARTLETT STEVE also bought $3,178 worth of Ares Capital Corporation (NASDAQ:ARCC) shares. On Thursday, March 15 Arougheti Michael J bought $390,000 worth of Ares Capital Corporation (NASDAQ:ARCC) or 25,000 shares. $47,430 worth of Ares Capital Corporation (NASDAQ:ARCC) was bought by ROLL PENELOPE F on Thursday, February 15.

Sigma Designs, Inc. (NASDAQ:SIGM) Institutional Positions Chart