Do Institutional Investors Hate Netlist Inc (NASDAQ:NLST)?

September 16, 2018 - By Catherine Diaz

Netlist, Inc. (NASDAQ:NLST) Logo

Sentiment for Netlist Inc (NASDAQ:NLST)

Netlist Inc (NASDAQ:NLST) institutional sentiment decreased to 0.5 in Q2 2018. Its down -0.83, from 1.33 in 2018Q1. The ratio turned negative, as 5 investment managers increased and started new holdings, while 10 reduced and sold stakes in Netlist Inc. The investment managers in our partner’s database now hold: 7.80 million shares, down from 10.43 million shares in 2018Q1. Also, the number of investment managers holding Netlist Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 7 Increased: 1 New Position: 4.

Netlist, Inc. designs, manufactures, and sells modular memory subsystems for the server, high-performance computing, and communications markets worldwide. The company has market cap of $40.07 million. It offers Hybri dual in-line memory module , a storage class memory product, which unifies dynamic random access memory (DRAM)and NAND flash in a plug-and-play module delivering terabyte storage capacities operating at nanosecond memory speeds. It currently has negative earnings. The firm also provides nonvolatile (NV) memory products, such as EXPRESSvault PCIe, a plug-and-play memory card, which offers data acceleration and data protection for server appliances; NVvault DDR3 NVDIMM that provides data acceleration and data protection in a joint electron device engineering council (JEDEC)standard DD3 interface for integration into industry-standard server and storage solutions; NVvault DDR4 NVDIMM, which offers data acceleration and data protection in a JEDEC standard DDR4 interface; and specialty DIMMs and embedded flash products for use in data center and industrial applications.

The stock decreased 3.30% or $0.01 during the last trading session, reaching $0.36. About 13.45M shares traded or 86.05% up from the average. Netlist, Inc. (NASDAQ:NLST) has declined 45.78% since September 16, 2017 and is downtrending. It has underperformed by 61.40% the S&P500.

Analysts await Netlist, Inc. (NASDAQ:NLST) to report earnings on November, 7. They expect $-0.04 earnings per share, up 20.00 % or $0.01 from last year’s $-0.05 per share. After $-0.04 actual earnings per share reported by Netlist, Inc. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Awm Investment Company Inc. holds 0.14% of its portfolio in Netlist, Inc. for 4.75 million shares. Bank Of New York Mellon Corp owns 76,413 shares or 0% of their US portfolio. Moreover, Blackrock Inc. has 0% invested in the company for 22,456 shares. The California-based California Public Employees Retirement System has invested 0% in the stock. Citadel Advisors Llc, a Illinois-based fund reported 17,215 shares.

Netlist, Inc. (NASDAQ:NLST) Ratings Coverage

Ratings analysis reveals 100% of Netlist’s analysts are positive. Out of 2 Wall Street analysts rating Netlist, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. NLST was included in 3 notes of analysts from April 17, 2018. The firm has “Hold” rating by Roth Capital given on Tuesday, April 17. On Thursday, May 31 the stock rating was upgraded by Roth Capital to “Buy”. The company was maintained on Friday, June 1 by Craig Hallum.

More recent Netlist, Inc. (NASDAQ:NLST) news were published by: Seekingalpha.com which released: “If You’re Considering Netlist Be Sure To Consider The Risks” on September 11, 2018. Also Seekingalpha.com published the news titled: “Netlist Could See Big Gains Ahead” on September 14, 2018. Seekingalpha.com‘s news article titled: “Netlist announces pricing of $10M registered offering” with publication date: September 12, 2018 was also an interesting one.

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