Motorcar Parts of America, Inc. (MPAA) Reaches $19.16 After 7.00% Down Move; Flex LTD. – Ordinary Shares (FLEX) Shorts Raised By 19.86%

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Flex LTD. – Ordinary Shares (NASDAQ:FLEX) had an increase of 19.86% in short interest. FLEX’s SI was 14.85 million shares in February as released by FINRA. Its up 19.86% from 12.39M shares previously. With 10.12 million avg volume, 2 days are for Flex LTD. – Ordinary Shares (NASDAQ:FLEX)’s short sellers to cover FLEX’s short positions. The SI to Flex LTD. – Ordinary Shares’s float is 3%. The stock increased 2.91% or $0.28 during the last trading session, reaching $9.91. About 3.60 million shares traded. Flex Ltd. (NASDAQ:FLEX) has declined 53.75% since February 11, 2018 and is downtrending. It has underperformed by 53.75% the S&P500. Some Historical FLEX News: 26/04/2018 – Flex Ltd 4Q Adj EPS 28c; 15/05/2018 – Contour Asset Management Buys New 1.1% Position in Flex; 24/04/2018 – FDA: Synthes, Inc.- Flex Arm Product Usage: The Synthes Flex Arm is a component of the Synthes Minimally Invasive Su; 15/03/2018 – BROADCOM SAYS FUTURE DEALS NOT TO FLEX BALANCE SHEET; 09/05/2018 – Flex to Host Investor and Analyst Day on Thursday, May 10, 2018; 26/04/2018 – Flex Ltd 4Q Loss/Shr 4c; 26/03/2018 – Top Factors Driving the Global Automotive Flex Fuel Engine Market l Technavio; 21/03/2018 – FDA: Bovie Medical Corporation- J-Plasma Precise(R) FLEX, Catalog Number: BVX-500BF; 14/03/2018 – FDA: Zimmer Biomet, Inc.- NEXGEN LPS-FLEX PRECOAT FEMORAL SIZE E-LT This device is indicated for patients with severe knee; 29/05/2018 – FLEX LNG LTD FLNG.OL – ON MAY 28 ENTERED INTO AGREEMENT TO ACQUIRE TWO X-DF LNGC NEWBUILDINGS UNDER CONSTRUCTION AT HHI FOR $ 184M EACH VESSEL

The stock of Motorcar Parts of America, Inc. (NASDAQ:MPAA) is a huge mover today! The stock decreased 4.25% or $0.85 during the last trading session, reaching $19.16. About 169,379 shares traded. Motorcar Parts of America, Inc. (NASDAQ:MPAA) has declined 30.84% since February 11, 2018 and is downtrending. It has underperformed by 30.84% the S&P500. Some Historical MPAA News: 17/04/2018 – Motorcar Parts Closes Above 50-Day Moving Average: Technicals; 04/05/2018 – Stephens Inv Mgmt Group Exits Position in Motorcar Parts; 22/04/2018 – DJ Motorcar Parts of America Inc, Inst Holders, 1Q 2018 (MPAA); 11/04/2018 Northpointe Capital LLC Exits Position in Motorcar Parts; 14/05/2018 – Cooper Creek Partners Buys New 1.2% Position in Motorcar Parts; 23/04/2018 – SG Capital Buys New 1.1% Position in Motorcar PartsThe move comes after 5 months negative chart setup for the $360.38M company. It was reported on Feb, 11 by Barchart.com. We have $17.82 PT which if reached, will make NASDAQ:MPAA worth $25.23M less.

More notable recent Motorcar Parts of America, Inc. (NASDAQ:MPAA) news were published by: Globenewswire.com which released: “Motorcar Parts of America Expands Sales Team – GlobeNewswire” on January 31, 2019, also Benzinga.com with their article: “35 Stocks Moving In Monday’s Mid-Day Session – Benzinga” published on February 11, 2019, Benzinga.com published: “Earnings Scheduled For February 11, 2019 – Benzinga” on February 11, 2019. More interesting news about Motorcar Parts of America, Inc. (NASDAQ:MPAA) were released by: Nasdaq.com and their article: “Pre-Market Earnings Report for February 11, 2019 : QSR, L, CNA, KMPR, NSP, MCY, DO, NGL, GPRE, GPP, MPAA, GFN – Nasdaq” published on February 08, 2019 as well as Seekingalpha.com‘s news article titled: “Netflix welcomed to club with MPAA admission – Seeking Alpha” with publication date: January 22, 2019.

Investors sentiment decreased to 1.07 in 2018 Q3. Its down 0.67, from 1.74 in 2018Q2. It fall, as 12 investors sold Motorcar Parts of America, Inc. shares while 31 reduced holdings. 11 funds opened positions while 35 raised stakes. 19.38 million shares or 7.07% less from 20.85 million shares in 2018Q2 were reported. California Employees Retirement Systems reported 23,100 shares. State Of Alaska Department Of Revenue, Alaska-based fund reported 6,254 shares. 2.73M were accumulated by Blackrock Inc. Principal Gru Incorporated holds 152,735 shares. Heartland holds 0.43% of its portfolio in Motorcar Parts of America, Inc. (NASDAQ:MPAA) for 275,000 shares. State Common Retirement Fund has 21,200 shares for 0% of their portfolio. Moreover, Perritt Cap Mgmt has 1.12% invested in Motorcar Parts of America, Inc. (NASDAQ:MPAA). Metropolitan Life Company Ny accumulated 1,258 shares. Parthenon Llc has 60,691 shares. Teton Advsrs owns 24,000 shares or 0.05% of their US portfolio. Credit Suisse Ag holds 12,445 shares or 0% of its portfolio. Bancorp Of Montreal Can invested in 199 shares or 0% of the stock. Polaris Cap Mngmt Limited Liability Corporation holds 0.13% or 106,614 shares in its portfolio. Zebra Cap Management Ltd Co holds 0.11% or 9,990 shares in its portfolio. Kirr Marbach & Co Ltd Co In holds 1.36% or 261,693 shares.

Motorcar Parts of America, Inc. manufactures, remanufactures, and distributes automotive aftermarket parts. The company has market cap of $360.38 million. The firm offers rotating electrical products, including alternators and starters; wheel hub assemblies and bearings; brake master cylinders; and other products, such as turbochargers and brake power boosters for import and domestic cars, light trucks, heavy duty, agricultural, and industrial applications. It has a 399.17 P/E ratio. It sells its products to automotive retail chain stores and warehouse distributors; and the professional repair market, as well as various automobile manufacturers for their aftermarket programs and warranty replacement programs in North America.

Since August 27, 2018, it had 1 buying transaction, and 3 selling transactions for $382,531 activity. The insider Ferguson Joseph Edwin sold 1,000 shares worth $26,446. On Monday, January 14 Whittaker Barbara L bought $39,540 worth of Motorcar Parts of America, Inc. (NASDAQ:MPAA) or 2,000 shares. $79,156 worth of Motorcar Parts of America, Inc. (NASDAQ:MPAA) was sold by Borneo Rudolph J. The insider Mirvis Jeffrey P sold 12,500 shares worth $316,469.

More notable recent Flex Ltd. (NASDAQ:FLEX) news were published by: Businesswire.com which released: “Flex Announces Revathi Advaithi as CEO – Business Wire” on February 11, 2019, also Nasdaq.com with their article: “Flex (FLEX) Q3 Earnings & Revenues Beat Estimates, Shares Up – Nasdaq” published on February 01, 2019, Nasdaq.com published: “Flex Typically Favors Long Trade off Earnings-Driven After-Hours Moves – Nasdaq” on January 29, 2019. More interesting news about Flex Ltd. (NASDAQ:FLEX) were released by: Nasdaq.com and their article: “Analysts Estimate Flex (FLEX) to Report a Decline in Earnings: What to Look Out for – Nasdaq” published on January 23, 2019 as well as Nasdaq.com‘s news article titled: “Technology Sector Update for 01/31/2019: FLEX, FB, IIVI, MSFT, AAPL, IBM, CSCO, GOOG – Nasdaq” with publication date: January 31, 2019.

Among 4 analysts covering Flex (NASDAQ:FLEX), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Flex had 4 analyst reports since October 26, 2018 according to SRatingsIntel. The stock of Flex Ltd. (NASDAQ:FLEX) has “Neutral” rating given on Monday, October 29 by Goldman Sachs. The rating was downgraded by Argus Research to “Hold” on Tuesday, October 30. On Friday, October 26 the stock rating was downgraded by Needham to “Hold”. JP Morgan downgraded Flex Ltd. (NASDAQ:FLEX) rating on Wednesday, January 2. JP Morgan has “Neutral” rating and $12 target.

Flex Ltd. provides design, engineering, manufacturing, and supply chain services and solutions to original equipment manufacturers worldwide. The company has market cap of $5.17 billion. It offers innovation services, such as innovations labs for supporting customer design and product development services from early concept stages; collective innovation platform, an ecosystem of technology solutions; Lab IX, a startup accelerator program; centers of excellence solutions in critical areas; interconnect technology center for printed circuits; and CloudLabs that enables clients to accelerate a spectrum of cloud, converged infrastructure, and datacenter strategies. It has a 38.12 P/E ratio. The firm also provides design and engineering services, including contract design and joint development manufacturing services, which cover various technical competencies, such as system architecture, user interface and industrial design, mechanical engineering, technology, enclosure systems, thermal and tooling design, electronic system design, reliability and failure analysis, and component level development engineering; and systems assembly and manufacturing services.

Since August 16, 2018, it had 1 insider purchase, and 6 sales for $50,127 activity. 672 shares valued at $5,317 were sold by Tan Lay Koon on Tuesday, January 15. 352 shares were sold by Li Jennifer, worth $4,739 on Thursday, August 16. $97,632 worth of Flex Ltd. (NASDAQ:FLEX) was bought by ONETTO MARC A on Tuesday, December 4.

Investors sentiment increased to 1.13 in Q3 2018. Its up 0.18, from 0.95 in 2018Q2. It improved, as 27 investors sold Flex Ltd. shares while 88 reduced holdings. 48 funds opened positions while 82 raised stakes. 479.55 million shares or 0.31% less from 481.03 million shares in 2018Q2 were reported. Etrade Capital Mgmt Limited holds 0% in Flex Ltd. (NASDAQ:FLEX) or 12,634 shares. Canada Pension Plan Investment Board reported 0.03% stake. Thompson Siegel & Walmsley has invested 1.09% of its portfolio in Flex Ltd. (NASDAQ:FLEX). Whittier Tru accumulated 472 shares. Birmingham Cap Inc Al holds 0.19% in Flex Ltd. (NASDAQ:FLEX) or 35,650 shares. Bnp Paribas Arbitrage Sa has invested 0% in Flex Ltd. (NASDAQ:FLEX). Howe Rusling has invested 0% in Flex Ltd. (NASDAQ:FLEX). Us Bancshares De has 0% invested in Flex Ltd. (NASDAQ:FLEX). Brinker Incorporated invested in 0.03% or 52,917 shares. Cls Lc owns 0% invested in Flex Ltd. (NASDAQ:FLEX) for 1,155 shares. Cambridge Investment Research Advsr holds 13,144 shares. Advsr Mngmt Ltd Liability holds 531,134 shares. 326,214 were accumulated by Royal London Asset Mgmt. Wells Fargo & Mn accumulated 0.03% or 7.55 million shares. Gulf Int Bancorporation (Uk) Limited owns 183,533 shares.

Motorcar Parts of America, Inc. (NASDAQ:MPAA) Institutional Positions Chart