Grandeur Peak Global Advisors Holding in 51Job (JOBS) Has Boosted as Share Value Rose; As Methode Electronics (MEI) Stock Price Declined, Midas Management Has Raised by $575,000 Its Stake

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Midas Management Corp increased its stake in Methode Electronics Inc. (MEI) by 100% based on its latest 2018Q4 regulatory filing with the SEC. Midas Management Corp bought 25,000 shares as the company’s stock declined 5.32% while stock markets rallied. The institutional investor held 50,000 shares of the capital goods company at the end of 2018Q4, valued at $1.17M, up from 25,000 at the end of the previous reported quarter. Midas Management Corp who had been investing in Methode Electronics Inc. for a number of months, seems to be bullish on the $1.12B market cap company. The stock decreased 0.59% or $0.18 during the last trading session, reaching $30.18. About 459,999 shares traded or 55.44% up from the average. Methode Electronics, Inc. (NYSE:MEI) has declined 23.63% since March 17, 2018 and is downtrending. It has underperformed by 28.00% the S&P500. Some Historical MEI News: 29/05/2018 – Trivedi Global, Inc. and Su-Mei Liu Announce the Research Results on the Impact of a Biofield Energy Treated Nutraceutical for Decreasing Autoimmune and lnflammatory Disorders; 27/04/2018 – BANK OF CHINA LTD 3988.HK – APPROVED APPOINTMENT OF MEI FEIQI AS SECRETARY TO BOARD; 03/04/2018 – PCI LTD PCIL.Sl – LIEW MEI HONG APPOINTED CFO; 12/03/2018 – METHODE ELECTRONICS INC MEI.N – CHIEF FINANCIAL OFFICER JOHN HRUDICKA HAS LEFT COMPANY EFFECTIVE TODAY TO PURSUE OTHER OPPORTUNITIES; 13/03/2018 – Methode Electronics Closes Above 200-Day Moving Average; 22/05/2018 – Methode Electronics Presenting at Conference Tomorrow; 15/05/2018 – Methode Electronics Presenting at Conference May 23; 12/03/2018 Methode Electronics, Inc. Announces CFO Change; 03/05/2018 – Methode Electronics Closes Below 50-Day Average: Technicals; 12/03/2018 – METHODE SAYS RONALD TSOUMAS TO SUCCEED JOHN HRUDICKA AS CFO

Grandeur Peak Global Advisors Llc increased its stake in 51Job Inc (JOBS) by 175.19% based on its latest 2018Q4 regulatory filing with the SEC. Grandeur Peak Global Advisors Llc bought 178,365 shares as the company’s stock rose 6.04% with the market. The institutional investor held 280,175 shares of the technology company at the end of 2018Q4, valued at $17.49 million, up from 101,810 at the end of the previous reported quarter. Grandeur Peak Global Advisors Llc who had been investing in 51Job Inc for a number of months, seems to be bullish on the $4.47 billion market cap company. The stock increased 3.24% or $2.27 during the last trading session, reaching $72.27. About 287,431 shares traded or 24.27% up from the average. 51job, Inc. (NASDAQ:JOBS) has risen 5.92% since March 17, 2018 and is uptrending. It has outperformed by 1.55% the S&P500. Some Historical JOBS News: 03/05/2018 – 51JOB SEES 2Q ADJ EPS 59C TO 64C, EST. 62C (2 EST.); 30/03/2018 51job, Inc. Files Annual Report on Form 20-F; 03/05/2018 – 51JOB 1Q ADJ EPS 60C, EST. 54C (2 EST.); 03/05/2018 – 51JOB 1Q NET REV. $129.3M, EST. $121.7M (2 EST.)

More notable recent 51job, Inc. (NASDAQ:JOBS) news were published by: Nasdaq.com which released: “European Equity Benchmarks Close Lower led by Mining, Automotive, Industrial Stocks – Nasdaq” on March 08, 2019, also Nasdaq.com with their article: “Yields follow Europe downward ahead of U.S. employment report – Nasdaq” published on March 07, 2019, Nasdaq.com published: “Yields dragged lower by dismal U.S. job growth – Nasdaq” on March 08, 2019. More interesting news about 51job, Inc. (NASDAQ:JOBS) were released by: Nasdaq.com and their article: “Forget Trump Budget, 5 Green ETFs Crushing the Market – Nasdaq” published on March 15, 2019 as well as Nasdaq.com‘s news article titled: “Netflix Toronto production hub to create 1,850 jobs annually – Nasdaq” with publication date: February 19, 2019.

Grandeur Peak Global Advisors Llc, which manages about $1.61B and $779.28 million US Long portfolio, decreased its stake in Jd Com Inc (NASDAQ:JD) by 55,000 shares to 98,150 shares, valued at $2.05 million in 2018Q4, according to the filing. It also reduced its holding in Inphi Corp (NYSE:IPHI) by 21,625 shares in the quarter, leaving it with 222,000 shares, and cut its stake in Nv5 Global Inc (NASDAQ:NVEE).

More notable recent Methode Electronics, Inc. (NYSE:MEI) news were published by: Benzinga.com which released: “8 Biggest Price Target Changes For Friday – Benzinga” on March 08, 2019, also Seekingalpha.com with their article: “Methode Electronics Inc. (MEI) CEO Don Duda on Q2 2019 Results – Earnings Call Transcript – Seeking Alpha” published on December 06, 2018, Globenewswire.com published: “Methode Electronics’ Board Approves Dividend NYSE:MEI – GlobeNewswire” on March 15, 2019. More interesting news about Methode Electronics, Inc. (NYSE:MEI) were released by: Seekingalpha.com and their article: “Methode Electronics: Striving For Higher Gross Margins – Seeking Alpha” published on September 25, 2018 as well as Benzinga.com‘s news article titled: “64 Biggest Movers From Yesterday – Benzinga” with publication date: March 08, 2019.

Methode Electronics, Inc. (NYSE:MEI) Institutional Positions Chart