Capital Counsel Has Raised Its Costco Whsl New Com (COST) Stake; Ribbon Communications (RBBN) Sellers Decreased By 11.06% Their Shorts

Costco Wholesale Corporation (NASDAQ:COST) Logo

Ribbon Communications Inc (NASDAQ:RBBN) had a decrease of 11.06% in short interest. RBBN’s SI was 391,600 shares in December as released by FINRA. Its down 11.06% from 440,300 shares previously. With 290,800 avg volume, 1 days are for Ribbon Communications Inc (NASDAQ:RBBN)’s short sellers to cover RBBN’s short positions. The SI to Ribbon Communications Inc’s float is 0.39%. The stock decreased 2.30% or $0.12 during the last trading session, reaching $5.09. About 161,188 shares traded. Ribbon Communications Inc. (NASDAQ:RBBN) has declined 3.33% since December 8, 2017 and is downtrending. It has underperformed by 18.95% the S&P500. Some Historical RBBN News: 26/04/2018 – Ribbon Communications 1Q Adj Loss/Shr 4c; 30/05/2018 – Ribbon Presenting at Cowen Conference Tomorrow; 26/04/2018 – RIBBON COMMUNICATIONS INC – QTRLY GAAP TOTAL REVENUE WAS $121.2 MLN, COMPARED TO $53.4 MLN; 26/04/2018 – Ribbon Communications 1Q Rev $121.2M; 24/05/2018 – Red Hat Certifies Multiple Ribbon Virtual Network Functions on Open Stack Platform 10; 26/04/2018 – Ribbon Closes Above 50-Day Moving Average: Technicals; 07/03/2018 Ribbon to Showcase Comprehensive Portfolio of Secure Unified Communications Solutions at Enterprise Connect; 21/04/2018 – DJ Ribbon Communications Inc, Inst Holders, 1Q 2018 (RBBN); 08/03/2018 – Leading Global Organizations Join LF Networking; 24/05/2018 – Ribbon Communications Announces Participation in the Cowen and Company 46th Annual Technology, Media & Telecom Conference in New York City

Capital Counsel Llc increased Costco Whsl Corp New Com (COST) stake by 13.18% reported in 2018Q2 SEC filing. Capital Counsel Llc acquired 40,545 shares as Costco Whsl Corp New Com (COST)’s stock rose 18.78%. The Capital Counsel Llc holds 348,194 shares with $72.77 million value, up from 307,649 last quarter. Costco Whsl Corp New Com now has $98.54 billion valuation. The stock decreased 3.58% or $8.34 during the last trading session, reaching $224.86. About 2.87 million shares traded or 14.74% up from the average. Costco Wholesale Corporation (NASDAQ:COST) has risen 51.49% since December 8, 2017 and is uptrending. It has outperformed by 35.87% the S&P500. Some Historical COST News: 24/04/2018 – COSTCO WHOLESALE CORP- APPROVED A QUARTERLY INCREASE FROM 50 TO 57 CENTS PER SHARE, OR $2.28 ON AN ANNUALIZED BASIS PAYABLE MAY 25, 2018; 23/03/2018 – Target, Kroger shares rise on merger report, but source tells CNBC there are no talks; 24/04/2018 – Costco Raises Quarter Dividend to 57c Vs. 50c; 11/04/2018 – COSTCO WHOLESALE CORP- FOR THIRTY-ONE WEEKS ENDED APRIL 8, 2018, REPORTED NET SALES OF $81.43 BLN, INCREASE OF 11.8 PERCENT FROM $72.82 BLN LAST YEAR; 16/05/2018 – As Skin-Baring Season Dawns, SeroVital’s hGH Booster Becomes Easier to Find Through National Costco Distribution; 09/05/2018 – Costco Wholesale April Sales $10.81 Billion, Up 13.1%; 07/03/2018 – COSTCO CFO GALANTI SPEAKS ON ANALYST TELECONFERENCE; 07/03/2018 – COSTCO WHOLESALE CORP – QTRLY COMPARABLE SALES UP 8.4 PCT; 19/04/2018 – Amazon Prime’s Membership and Retention are Higher Than Costco’s; 11/05/2018 – Costco Now Sells Its Own Razors in Broadside at P&G’s Gillette

More notable recent Ribbon Communications Inc. (NASDAQ:RBBN) news were published by: Seekingalpha.com which released: “Ribbon Communications launches $150M convertible senior notes due 2023 – Seeking Alpha” on November 13, 2018, also Globenewswire.com with their article: “The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of AQUA, SONS, RBBN, TSRO, ATUS and BA – GlobeNewswire” published on December 07, 2018, Globenewswire.com published: “RBBN LOSS NOTICE ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Ribbon Communications, Inc.; Important Deadline – RBBN – GlobeNewswire” on November 27, 2018. More interesting news about Ribbon Communications Inc. (NASDAQ:RBBN) were released by: Globenewswire.com and their article: “CLASS ACTION UPDATE for RBBN and TSRO: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders – GlobeNewswire” published on December 03, 2018 as well as Globenewswire.com‘s news article titled: “SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ribbon Communications, Inc. – RBBN – GlobeNewswire” with publication date: December 07, 2018.

Ribbon Communications Inc. provides networked solutions worldwide. The company has market cap of $542.18 million. The firm offers Session Border Controllers that address security and interworking requirements for businesses, as well as regional and global communications service providers; Sonus GSX9000 Open Services Switch, which bridges IP and TDM networks by converting voice signal into Internet Protocol (IP) IP packets and transmitting those IP packets on a data network; and Sonus T7000 Intelligent Switching System, a class five end-office soft switch that provides residential and business voice services, as well as IP-IP multimedia processing engine services. It currently has negative earnings. It also provides Diameter Signaling Controller, a solution for 4G/long term evolution networks; Sonus Signal Transfer Point that acts as the switch/router in an SS7 signaling network; Sonus PSX Policy & Routing Server, a central routing and policy engine for its soft switch and distributed SBC solutions; and Web Real-Time Communications services solution.

More notable recent Costco Wholesale Corporation (NASDAQ:COST) news were published by: Nasdaq.com which released: “Buy Costco (COST) Stock Before Earnings, After Kroger’s Beat? – Nasdaq” on December 06, 2018, also Nasdaq.com with their article: “Costco (COST) Gains But Lags Market: What You Should Know – Nasdaq” published on November 30, 2018, Nasdaq.com published: “Upcoming Earnings to Watch: AEO, COST, ADBE – Nasdaq” on December 07, 2018. More interesting news about Costco Wholesale Corporation (NASDAQ:COST) were released by: Nasdaq.com and their article: “Costco reports fiscal Q1 earnings December 13 – Nasdaq” published on December 08, 2018 as well as Nasdaq.com‘s news article titled: “AutoZone Gains From DIY & Commercial Units Despite High Costs – Nasdaq” with publication date: December 07, 2018.

Among 10 analysts covering Costco (NASDAQ:COST), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Costco had 15 analyst reports since June 15, 2018 according to SRatingsIntel. Citigroup maintained Costco Wholesale Corporation (NASDAQ:COST) on Friday, October 5 with “Buy” rating. The rating was maintained by Raymond James with “Outperform” on Tuesday, July 17. Barclays Capital downgraded the stock to “Equal-Weight” rating in Monday, September 17 report. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, September 7 report. JP Morgan maintained Costco Wholesale Corporation (NASDAQ:COST) rating on Monday, September 17. JP Morgan has “Overweight” rating and $255 target. As per Monday, December 3, the company rating was downgraded by Citigroup. Cowen & Co maintained Costco Wholesale Corporation (NASDAQ:COST) rating on Friday, June 15. Cowen & Co has “Buy” rating and $22800 target. Wells Fargo downgraded Costco Wholesale Corporation (NASDAQ:COST) rating on Friday, September 14. Wells Fargo has “Market Perform” rating and $235 target. The firm has “Outperform” rating given on Friday, October 5 by BMO Capital Markets. The firm earned “Outperform” rating on Tuesday, September 4 by Robert W. Baird.

Capital Counsel Llc decreased Intel Corp Com (NASDAQ:INTC) stake by 10,050 shares to 725,838 valued at $36.08 million in 2018Q2. It also reduced Visa Inc Com Cl A (NYSE:V) stake by 3,723 shares and now owns 813,879 shares. Sm Energy Co Com (NYSE:SM) was reduced too.

Since June 13, 2018, it had 0 buys, and 13 insider sales for $22.06 million activity. LIBENSON RICHARD M had sold 2,049 shares worth $458,976 on Monday, October 22. 15,000 shares were sold by Murphy James P., worth $3.29M on Monday, July 23. Another trade for 3,000 shares valued at $707,430 was sold by MEISENBACH JOHN W. JELINEK W CRAIG had sold 22,500 shares worth $5.03M. Another trade for 2,406 shares valued at $498,315 was made by GALANTI RICHARD A on Friday, June 15. Shares for $1.16M were sold by MOULTON PAUL G on Monday, June 18. $1.43M worth of stock was sold by Hines Daniel M. on Wednesday, June 13.

Costco Wholesale Corporation (NASDAQ:COST) Institutional Positions Chart

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