Allied Motion Tech (AMOT) Shareholder Thomson Horstmann & Bryant INC Has Cut Its Stake as Valuation Rose

July 27, 2018 - By Vernon Prom

Allied Motion Technologies Inc. (NASDAQ:AMOT) LogoInvestors sentiment decreased to 1.7 in Q1 2018. Its down 0.55, from 2.25 in 2017Q4. It dropped, as 2 investors sold AMOT shares while 25 reduced holdings. 21 funds opened positions while 25 raised stakes. 4.40 million shares or 10.31% more from 3.98 million shares in 2017Q4 were reported. Ameritas Inv Inc accumulated 0% or 482 shares. Great West Life Assurance Can invested 0% of its portfolio in Allied Motion Technologies Inc. (NASDAQ:AMOT). Lazard Asset Mngmt Limited Liability reported 470 shares stake. Prelude Mngmt Lc reported 1,300 shares stake. Art Advisors Llc reported 0.02% of its portfolio in Allied Motion Technologies Inc. (NASDAQ:AMOT). Oberweis Asset Mngmt accumulated 12,300 shares. Bridgeway Capital Mngmt has invested 0.02% in Allied Motion Technologies Inc. (NASDAQ:AMOT). North Star Inv Management holds 2,400 shares or 0.01% of its portfolio. Citigroup invested 0% in Allied Motion Technologies Inc. (NASDAQ:AMOT). Savings Bank Of New York Mellon invested in 101,001 shares or 0% of the stock. Dimensional Fund LP invested in 430,304 shares or 0.01% of the stock. Millennium Mngmt Ltd Limited Liability Company owns 108,008 shares for 0.01% of their portfolio. Geode Cap Mngmt Limited Liability Com reported 58,718 shares. Macquarie Ltd stated it has 0% of its portfolio in Allied Motion Technologies Inc. (NASDAQ:AMOT). Stone Ridge Asset Mngmt Ltd holds 10,036 shares.

Thomson Horstmann & Bryant Inc decreased its stake in Allied Motion Tech (AMOT) by 17.96% based on its latest 2018Q1 regulatory filing with the SEC. Thomson Horstmann & Bryant Inc sold 83,933 shares as the company’s stock rose 47.51% while stock markets declined. The institutional investor held 383,413 shares of the capital goods company at the end of 2018Q1, valued at $15.24M, down from 467,346 at the end of the previous reported quarter. Thomson Horstmann & Bryant Inc who had been investing in Allied Motion Tech for a number of months, seems to be less bullish one the $445.74M market cap company. The stock increased 0.73% or $0.34 during the last trading session, reaching $47.01. About 58,242 shares traded or 5.92% up from the average. Allied Motion Technologies Inc. (NASDAQ:AMOT) has risen 89.46% since July 27, 2017 and is uptrending. It has outperformed by 76.89% the S&P500.

Analysts await Allied Motion Technologies Inc. (NASDAQ:AMOT) to report earnings on August, 1 after the close. They expect $0.38 earnings per share, up 58.33 % or $0.14 from last year’s $0.24 per share. AMOT’s profit will be $3.60M for 30.93 P/E if the $0.38 EPS becomes a reality. After $0.45 actual earnings per share reported by Allied Motion Technologies Inc. for the previous quarter, Wall Street now forecasts -15.56 % negative EPS growth.

Allied Motion Technologies Inc. (NASDAQ:AMOT) Institutional Positions Chart

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