Horizon Investment Services Has Trimmed Its Position in Patrick Inds (PATK) by $388,629 as Stock Rose; Light Street Capital Management Has Lifted Its Microsoft (MSFT) Holding

Microsoft Corporation (NASDAQ:MSFT) Logo

Light Street Capital Management Llc increased its stake in Microsoft Corp (MSFT) by 8.55% based on its latest 2018Q4 regulatory filing with the SEC. Light Street Capital Management Llc bought 49,000 shares as the company’s stock rose 1.03% with the market. The hedge fund held 622,000 shares of the prepackaged software company at the end of 2018Q4, valued at $63.18 million, up from 573,000 at the end of the previous reported quarter. Light Street Capital Management Llc who had been investing in Microsoft Corp for a number of months, seems to be bullish on the $930.83 billion market cap company. The stock increased 0.46% or $0.56 during the last trading session, reaching $121.32. About 10.19 million shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 20.90% since April 17, 2018 and is uptrending. It has outperformed by 16.53% the S&P500. Some Historical MSFT News: 17/04/2018 – UMB Announces Annual Meeting of Shareholders Available by Webcast and Telephone; 29/03/2018 – MICROSOFT – JASON ZANDER IS BEING PROMOTED TO EXECUTIVE VICE PRESIDENT, AZURE, AND WILL LEAD THE TEAM; 15/05/2018 – Pymnts.com: Microsoft Forms Cloud Accounting Startup To Rival Xero; 17/04/2018 – MICROSOFT: 34 COMPANIES SIGN TECH ACCORD; 17/05/2018 – Capstone Secures 1 MW CHP Order for a Large Chemical Manufacturer in The Mid-Atlantic United States; 29/03/2018 – Windows chief Terry Myerson is leaving as Microsoft reorganizes; 17/05/2018 – Microsoft is launching an adjustable Xbox controller for disabled gamers; 26/04/2018 – MICROSOFT QTRLY REVENUE IN MORE PERSONAL COMPUTING WAS $9.9 BLN AND INCREASED 13% (UP 11% IN CONSTANT CURRENCY); 17/04/2018 – Jibe Announces a Full Migration for its Customers After Showing lmpressive Results in Google Cloud’s Job Discovery Beta Program; 16/03/2018 – Google, Amazon and Microsoft cloud businesses helped more than double spending on data centers last year:

Horizon Investment Services Llc decreased its stake in Patrick Inds Inc (PATK) by 40.86% based on its latest 2018Q4 regulatory filing with the SEC. Horizon Investment Services Llc sold 13,401 shares as the company’s stock rose 15.31% with the market. The institutional investor held 19,399 shares of the basic industries company at the end of 2018Q4, valued at $574,000, down from 32,800 at the end of the previous reported quarter. Horizon Investment Services Llc who had been investing in Patrick Inds Inc for a number of months, seems to be less bullish one the $1.31B market cap company. The stock increased 1.52% or $0.82 during the last trading session, reaching $54.94. About 136,843 shares traded. Patrick Industries, Inc. (NASDAQ:PATK) has declined 21.76% since April 17, 2018 and is downtrending. It has underperformed by 26.13% the S&P500. Some Historical PATK News: 18/05/2018 – Patrick Industries Raises Buyback Authorization to $50M Over the Next 24 Mos; 31/05/2018 – Patrick Industries, Inc. Completes Acquisition Of Dowco, Inc; 30/04/2018 – Patrick Industries, Inc. Completes Acquisition Of Dehco, Inc; 31/05/2018 – Patrick Industries Expects the Acquisition to Be Immediately Accretive to Net Income Per Shr; 21/04/2018 – DJ Patrick Industries Inc, Inst Holders, 1Q 2018 (PATK); 19/03/2018 – PATRICK INDUSTRIES BUYS COLLINS & CO. FOR ABOUT $36.5M; 26/04/2018 – Patrick Industries 1Q Net $30.1M; 19/03/2018 Patrick Industries, Inc. Completes Acquisition of Collins & Company, Inc; 18/05/2018 – Patrick Industries, Inc. Announces Increased Share Repurchase Authorization; 18/05/2018 – PATRICK INDUSTRIES INC – INCREASED SHARE REPURCHASE AUTHORIZATION INCLUDES AMOUNT REMAINING UNDER PREVIOUS AUTHORIZATION

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Seekingalpha.com which released: “Microsoft’s Gaming Comeback Is On The Way – Seeking Alpha” on April 17, 2019, also Nasdaq.com with their article: “After Hours Most Active for Apr 1, 2019 : CZR, FITB, RDWR, MSFT, AAPL, QQQ – Nasdaq” published on April 01, 2019, Investorplace.com published: “Microsoft Stock Is No Longer a Dark Horse in Race for JEDI Contract – Investorplace.com” on April 08, 2019. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Nasdaq.com and their article: “Microsoft (MSFT) Gains But Lags Market: What You Should Know – Nasdaq” published on April 08, 2019 as well as Nasdaq.com‘s news article titled: “Technology Sector Update for 04/05/2019: CRNT, GOOG, GOOGL, HRS, ESLT, MSFT, AAPL, IBM, CSCO – Nasdaq” with publication date: April 05, 2019.

Light Street Capital Management Llc, which manages about $928.09M and $1.31B US Long portfolio, decreased its stake in Amazon Com Inc (NASDAQ:AMZN) by 90,057 shares to 56,743 shares, valued at $85.23 million in 2018Q4, according to the filing. It also reduced its holding in Take (NASDAQ:TTWO) by 154,129 shares in the quarter, leaving it with 361,086 shares, and cut its stake in Iac Interactivecorp (NASDAQ:IACI).

Since October 26, 2018, it had 0 insider buys, and 8 selling transactions for $58.46 million activity. 2,000 shares were sold by BROD FRANK H, worth $214,363. $28.35 million worth of stock was sold by Nadella Satya on Wednesday, February 6. Hogan Kathleen T sold $4.06M worth of stock.

Investors sentiment increased to 0.94 in 2018 Q4. Its up 0.13, from 0.81 in 2018Q3. It improved, as 55 investors sold MSFT shares while 925 reduced holdings. 168 funds opened positions while 758 raised stakes. 5.48 billion shares or 3.82% more from 5.28 billion shares in 2018Q3 were reported. Somerset Gru Ltd holds 2.9% or 28,156 shares. Reik Ltd stated it has 14,536 shares or 0.44% of all its holdings. Jefferies Gp Lc invested 0.09% in Microsoft Corporation (NASDAQ:MSFT). Palo Cap holds 18,486 shares or 0.8% of its portfolio. Stevens Cap Mngmt LP owns 258,582 shares. First Interstate Bancorp accumulated 119,757 shares. 55,000 are held by Rbf Capital. Wellcome Tru Ltd (The) As Trustee Of The Wellcome Tru stated it has 11.6% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Light Street Limited Liability holds 4.82% in Microsoft Corporation (NASDAQ:MSFT) or 622,000 shares. Gamco Investors Et Al holds 0.1% or 118,255 shares in its portfolio. Picton Mahoney Asset accumulated 507,465 shares or 4.61% of the stock. 57,888 are held by Duncker Streett And. West Chester Cap Advsr owns 2.42% invested in Microsoft Corporation (NASDAQ:MSFT) for 9,417 shares. Scotia reported 1.37% in Microsoft Corporation (NASDAQ:MSFT). Motco invested 1.2% in Microsoft Corporation (NASDAQ:MSFT).

Horizon Investment Services Llc, which manages about $205.38M and $126.94 million US Long portfolio, upped its stake in Chevron Corp New (NYSE:CVX) by 20,661 shares to 22,361 shares, valued at $2.43M in 2018Q4, according to the filing. It also increased its holding in Ugi Corp New (NYSE:UGI) by 9,223 shares in the quarter, for a total of 69,540 shares, and has risen its stake in Ishares Tr (SHYG).

More notable recent Patrick Industries, Inc. (NASDAQ:PATK) news were published by: Seekingalpha.com which released: “Patrick Q4 2018 Earnings Preview – Seeking Alpha” on February 13, 2019, also Seekingalpha.com with their article: “More Bad News Could Sting Patrick Industries – Seeking Alpha” published on December 31, 2018, Seekingalpha.com published: “Patrick Industries +8% post Q4 earnings beats – Seeking Alpha” on February 14, 2019. More interesting news about Patrick Industries, Inc. (NASDAQ:PATK) were released by: Prnewswire.com and their article: “Patrick Industries, Inc. Appoints Three New Members to its Board of Directors – PRNewswire” published on March 25, 2019 as well as Seekingalpha.com‘s news article titled: “Patrick Industries Earnings Preview – Seeking Alpha” with publication date: October 24, 2018.

Investors sentiment increased to 1.13 in Q4 2018. Its up 0.17, from 0.96 in 2018Q3. It increased, as 39 investors sold PATK shares while 55 reduced holdings. 39 funds opened positions while 67 raised stakes. 20.91 million shares or 3.04% less from 21.57 million shares in 2018Q3 were reported. Franklin invested 0% in Patrick Industries, Inc. (NASDAQ:PATK). Clark Estates New York accumulated 0.44% or 92,000 shares. Assetmark Inc invested in 693 shares. Nokomis Capital Limited invested in 185,147 shares. Moreover, Kbc Nv has 0.01% invested in Patrick Industries, Inc. (NASDAQ:PATK) for 43,125 shares. California Pub Employees Retirement Sys has 36,945 shares for 0% of their portfolio. Mason Street Ltd owns 7,083 shares for 0.01% of their portfolio. 1St Source Bank stated it has 60,442 shares. Moreover, Blackrock has 0% invested in Patrick Industries, Inc. (NASDAQ:PATK). Marshall Wace Llp holds 0.04% or 130,683 shares in its portfolio. Fifth Third Bancorporation has 555 shares. King Luther Cap Mngmt holds 7,585 shares or 0% of its portfolio. Icon Advisers Company has 0.03% invested in Patrick Industries, Inc. (NASDAQ:PATK). Lazard Asset Mngmt Ltd Liability Company invested in 26,988 shares. Teachers Retirement Sys Of The State Of Kentucky owns 0% invested in Patrick Industries, Inc. (NASDAQ:PATK) for 8,328 shares.

Since October 31, 2018, it had 4 buys, and 5 selling transactions for $16.44 million activity. WELCH M SCOTT bought $134,534 worth of stock. Cleveland Todd M also bought $925,615 worth of Patrick Industries, Inc. (NASDAQ:PATK) on Thursday, December 13. $107,872 worth of Patrick Industries, Inc. (NASDAQ:PATK) shares were sold by Blosser Courtney.

Microsoft Corporation (NASDAQ:MSFT) Institutional Positions Chart