CSP Inc Stock in Q4 2016 Driven by Institutional Investors

September 19, 2017 - By Ellis Scott

 CSP Inc Stock  in  Q4 2016 Driven by Institutional Investors

Sentiment for CSP Inc (NASDAQ:CSPI)

CSP Inc (NASDAQ:CSPI) institutional sentiment decreased to 2 in 2016 Q4. Its down -1.67, from 3.67 in 2016Q3. The ratio fall, as 8 hedge funds increased or started new equity positions, while 4 sold and decreased equity positions in CSP Inc. The hedge funds in our partner’s database now have: 1.01 million shares, down from 1.79 million shares in 2016Q3. Also, the number of hedge funds holding CSP Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 1 Increased: 6 New Position: 2.

CSP Inc. and its subsidiaries develop and market information technology integration solutions, security and managed services, network adapters, and cluster computer systems. The company has market cap of $39.67 million. The Firm operates in two divisions: High Performance Products (HPP) and Technology Solutions (TS). It has a 23.7 P/E ratio. The HPP segment comprises two product lines: its Multicomputer product portfolio of computing systems for digital signal processing (DSP) applications within the defense market, and its Myricom product line of network Ethernet adapters that are offered to both commercial and government customers.

The stock decreased 3.35% or $0.35 on September 19, reaching $10.11. About 4,021 shares traded. CSP Inc. (NASDAQ:CSPI) has risen 49.80% since September 19, 2016 and is uptrending. It has outperformed by 33.10% the S&P500.

Bridgeway Capital Management Inc holds 0.01% of its portfolio in CSP Inc. for 38,700 shares. Eagle Global Advisors Llc owns 20,313 shares or 0.01% of their US portfolio. Moreover, Acadian Asset Management Llc has 0% invested in the company for 1,728 shares. The California-based Blackrock Fund Advisors has invested 0% in the stock. California Public Employees Retirement System, a California-based fund reported 216,453 shares.#img1#

Since January 1, 0001, it had 0 insider buys, and 1 sale for $22,850 activity.

More news for CSP Inc. (NASDAQ:CSPI) were recently published by: Bizjournals.com, which released: “Lowell’s CSPi grows an in-house startup into a cybersecurity division” on August 01, 2017. Nasdaq.com‘s article titled: “CSP Inc. (CSPI) Ex-Dividend Date Scheduled for August 17, 2017” and published on August 16, 2017 is yet another important article.

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