American Century Companies Inc Decreased Cray Inc (NASDAQ:CRAY) Stake By $10.21 Million

August 12, 2018 - By Mark Mitchell

Cray Inc. (NASDAQ:CRAY) LogoInvestors sentiment decreased to 1.26 in Q1 2018. Its down 0.18, from 1.44 in 2017Q4. It turned negative, as 19 investors sold CRAY shares while 38 reduced holdings. 20 funds opened positions while 52 raised stakes. 39.83 million shares or 3.23% more from 38.58 million shares in 2017Q4 were reported. 166,430 were accumulated by Alliancebernstein L P. Prudential Finance Incorporated owns 67,262 shares. 2.34M were accumulated by Mairs &. Citadel Advsr Ltd Llc invested in 53,545 shares or 0% of the stock. Pinebridge Invests L P stated it has 0.04% in Cray Inc. (NASDAQ:CRAY). Jacobs Levy Equity Mgmt Inc owns 60,928 shares or 0.02% of their US portfolio. Benjamin F Edwards stated it has 636 shares. Segall Bryant Hamill Ltd holds 0.09% in Cray Inc. (NASDAQ:CRAY) or 192,411 shares. Great West Life Assurance Can invested in 54,587 shares. Ameritas Inv Ptnrs stated it has 3,150 shares or 0% of all its holdings. First Washington Corporation has invested 2.48% in Cray Inc. (NASDAQ:CRAY). Comerica Bank & Trust holds 42,553 shares or 0.01% of its portfolio. Zeke Capital Limited Com accumulated 24,723 shares. D E Shaw & invested in 129,524 shares. Us Commercial Bank De reported 10,524 shares.

Since February 21, 2018, it had 0 buys, and 3 insider sales for $2.30 million activity. Shares for $117,668 were sold by KIELY STEPHEN C. On Friday, February 23 Piraino Michael Charles sold $416,063 worth of Cray Inc. (NASDAQ:CRAY) or 18,900 shares.

American Century Companies Inc decreased its stake in Cray Inc (NASDAQ:CRAY) by 39.22% based on its latest 2018Q2 regulatory filing with the SEC. American Century Companies Inc sold 425,319 shares as the company’s stock rose 11.76% while stock markets declined. The institutional investor held 659,176 shares of the computer manufacturing company at the end of 2018Q2, valued at $16.22 million, down from 1.08M at the end of the previous reported quarter. American Century Companies Inc who had been investing in Cray Inc for a number of months, seems to be less bullish one the $874.63M market cap company. The stock decreased 0.23% or $0.05 during the last trading session, reaching $21.45. About 285,623 shares traded or 6.51% up from the average. Cray Inc. (NASDAQ:CRAY) has risen 43.70% since August 13, 2017 and is uptrending. It has outperformed by 31.13% the S&P500.

American Century Companies Inc, which manages about $99.35 billion US Long portfolio, upped its stake in Allstate Corp (NYSE:ALL) by 235,413 shares to 1.45 million shares, valued at $132.69 million in 2018Q2, according to the filing. It also increased its holding in Lockheed Martin Corp (NYSE:LMT) by 699,579 shares in the quarter, for a total of 1.28M shares, and has risen its stake in Activision Blizzard Inc (NASDAQ:ATVI).

Cray Inc. (NASDAQ:CRAY) Ratings Coverage

Among 2 analysts covering Cray (NASDAQ:CRAY), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Cray had 2 analyst reports since March 6, 2018 according to SRatingsIntel. Wells Fargo maintained the shares of CRAY in report on Wednesday, May 2 with “Buy” rating. Craig Hallum maintained the stock with “Buy” rating in Tuesday, March 6 report.

Cray Inc., together with its subsidiaries, designs, develops, makes, markets, and services computing systems, and data analytics and artificial intelligence solutions. The company has market cap of $874.63 million. It operates through Supercomputing, Storage and Data Management, Maintenance and Support, and Engineering Services and Other divisions. It currently has negative earnings. The firm offers a range of Cray XC series supercomputers, including Cray XC40, Cray XC50, and Cray XC50-AC; Cray CS series supercomputers comprises Cray CS500 and Cray CS-Storm; and analytics products, such as Cray Urika-GX platform used for production-class big data analytics workloads.

More important recent Cray Inc. (NASDAQ:CRAY) news were published by: Seekingalpha.com which released: “Cray: A Solid Tech Company For Your Long-Term Portfolio” on July 19, 2018, also Nasdaq.com published article titled: “Cray to Announce Second Quarter 2018 Financial Results on Tuesday, July 31 at 4:30 PM ET”, Nasdaq.com published: “Cray Delivers Powerful Supercomputer Dedicated to Astronomy to National Astronomical Observatory of Japan” on July 26, 2018. More interesting news about Cray Inc. (NASDAQ:CRAY) was released by: Seekingalpha.com and their article: “Cray Inc. (CRAY) CEO Peter Ungaro on Q2 2018 Results – Earnings Call Transcript” with publication date: August 01, 2018.

Cray Inc. (NASDAQ:CRAY) Institutional Positions Chart

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