Investors sentiment decreased to 1.02 in Q4 2018. Its down 0.21, from 1.23 in 2018Q3. It dropped, as 11 investors sold SunPower Corporation shares while 38 reduced holdings. 15 funds opened positions while 35 raised stakes. 33.03 million shares or 1.00% more from 32.70 million shares in 2018Q3 were reported.
Us Retail Bank De holds 0% of its portfolio in SunPower Corporation (NASDAQ:SPWR) for 7,500 shares. 296,762 are held by Credit Suisse Ag. Icm Asset Mgmt Wa invested 0.5% in SunPower Corporation (NASDAQ:SPWR). Natl Bank Of New York Mellon Corp holds 274,026 shares. Bremer Trust Association invested in 0% or 41 shares. Finance Architects holds 0% of its portfolio in SunPower Corporation (NASDAQ:SPWR) for 200 shares. Moreover, First Tru Limited Partnership has 0% invested in SunPower Corporation (NASDAQ:SPWR). Amundi Pioneer Asset Mgmt holds 0% or 163,270 shares. Burns J W And has invested 0.03% in SunPower Corporation (NASDAQ:SPWR). Raymond James Associates has 48,327 shares. Sei Investments invested 0% in SunPower Corporation (NASDAQ:SPWR). Bnp Paribas Arbitrage Sa owns 281,436 shares or 0% of their US portfolio. 28 are held by Loeb Ptnrs. Charles Schwab Investment Management holds 0% of its portfolio in SunPower Corporation (NASDAQ:SPWR) for 325,577 shares. Van Eck holds 60,645 shares or 0% of its portfolio.
Since December 31, 2018, it had 0 insider purchases, and 1 sale for $4,155 activity.
SunPower (NASDAQ:SPWR) Receives a Downgrade
Investment analysts at the BidaskScore equity research division lowered the rating of SunPower (NASDAQ:SPWR) shares to a Hold on Tuesday morning.
SunPower Corporation (NASDAQ:SPWR) Ratings Coverage
Among 3 analysts covering SunPower (NASDAQ:SPWR), 0 have Buy rating, 2 Sell and 1 Hold. Therefore 0 are positive. SunPower has $7 highest and $3.5 lowest target. $5.25’s average target is -30.37% below currents $7.54 stock price. SunPower had 6 analyst reports since January 8, 2019 according to SRatingsIntel. Bank of America downgraded the shares of SPWR in report on Friday, February 15 to “Sell” rating. Credit Suisse downgraded SunPower Corporation (NASDAQ:SPWR) on Friday, February 15 to “Hold” rating.
The stock increased 0.80% or $0.06 during the last trading session, reaching $7.54. About 2.20M shares traded or 26.42% up from the average. SunPower Corporation (NASDAQ:SPWR) has declined 8.92% since April 24, 2018 and is downtrending. It has underperformed by 13.29% the S&P500.
Analysts await SunPower Corporation (NASDAQ:SPWR) to report earnings on May, 14. They expect $-0.53 EPS, down 112.00 % or $0.28 from last year’s $-0.25 per share. After $-0.25 actual EPS reported by SunPower Corporation for the previous quarter, Wall Street now forecasts 112.00 % negative EPS growth.
SunPower Corporation researches, develops, makes, and delivers solar solutions worldwide. The company has market cap of $1.07 billion. It operates through three divisions: Residential, Commercial, and Power Plant. It currently has negative earnings. The firm provides solar power components, including panels and other system components.
More notable recent SunPower Corporation (NASDAQ:SPWR) news were published by: Prnewswire.com which released: “SunPower Commemorates Decade-Long Bed Bath & Beyond® Partnership this Earth Day with Completion of Second Solar Project at Retailer’s Headquarters – PRNewswire” on April 22, 2019, also Nasdaq.com with their article: “Noteworthy Friday Option Activity: IMGN, SPWR, MMM – Nasdaq” published on April 12, 2019, Seekingalpha.com published: “SunPower Concentrates On Its Core Competencies… We Applaud – Seeking Alpha” on August 06, 2018. More interesting news about SunPower Corporation (NASDAQ:SPWR) were released by: Nasdaq.com and their article: “Why Solar Stocks Are Struggling in 2018 – Nasdaq” published on September 12, 2018 as well as Seekingalpha.com‘s news article titled: “SunPower: With Value Comes Growth – Seeking Alpha” with publication date: April 23, 2019.
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