Netlist Inc (NASDAQ:NLST) Q2 2018 Sentiment Report

September 16, 2018 - By Theresa Judd

Netlist, Inc. (NASDAQ:NLST) Logo

Sentiment for Netlist Inc (NASDAQ:NLST)

Netlist Inc (NASDAQ:NLST) institutional sentiment decreased to 0.5 in 2018 Q2. Its down -0.83, from 1.33 in 2018Q1. The ratio is negative, as 5 hedge funds started new or increased equity positions, while 10 decreased and sold holdings in Netlist Inc. The hedge funds in our partner’s database reported: 7.80 million shares, down from 10.43 million shares in 2018Q1. Also, the number of hedge funds holding Netlist Inc in their top 10 equity positions 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. Craig Hallum maintained it with “Buy” rating and $100 target in Friday, June 1 report. The firm earned “Hold” rating on Tuesday, April 17 by Roth Capital. The rating was upgraded by Roth Capital to “Buy” on Thursday, May 31.

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 announces pricing of $10M registered offering” on September 12, 2018. Seekingalpha.com‘s news article titled: “Netlist Could See Big Gains Ahead” with publication date: September 14, 2018 was also an interesting one.

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