BABA Stock: Newport Asia Has Increased Alibaba Group Holding Holding; Viavi Solutions Shorts Raised By 8.83%

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Viavi Solutions Incorporated (NASDAQ:VIAV) had an increase of 8.83% in short interest. VIAV’s SI was 12.30M shares in January as released by FINRA. Its up 8.83% from 11.30M shares previously. With 2.03M avg volume, 6 days are for Viavi Solutions Incorporated (NASDAQ:VIAV)’s short sellers to cover VIAV’s short positions. The stock decreased 0.11% or $0.01 during the last trading session, reaching $8.74. About 1.68M shares traded. Viavi Solutions Inc. (NASDAQ:VIAV) has risen 77.76% since January 1, 2017 and is uptrending. It has outperformed by 61.06% the S&P500.

Newport Asia Llc increased Alibaba Group Holding (BABA) stake by 1.37% reported in 2017Q3 SEC filing. Newport Asia Llc acquired 15,500 shares as Alibaba Group Holding (BABA)’s stock rose 22.58%. The Newport Asia Llc holds 1.14M shares with $197.55 million value, up from 1.13M last quarter. Alibaba Group Holding now has $442.43 billion valuation. The stock increased 0.08% or $0.13 during the last trading session, reaching $172.43. About 9.70 million shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 57.33% since January 1, 2017 and is uptrending. It has outperformed by 40.63% the S&P500.

Viavi Solutions Inc. provides network test, monitoring, and assurance solutions to communications service providers, and enterprises and their ecosystems worldwide. The company has market cap of $1.99 billion. The firm operates through Network Enablement, Service Enablement, and Optical Security and Performance Products divisions. It has a 24.48 P/E ratio. The Network Enablement segment offers testing solutions that access the network to perform build-out and maintenance tasks.

Among 7 analysts covering Viavi Solutions Inc (NASDAQ:VIAV), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Viavi Solutions Inc had 13 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Viavi Solutions Inc. (NASDAQ:VIAV) earned “Overweight” rating by JP Morgan on Tuesday, October 11. The firm earned “Buy” rating on Monday, June 6 by M Partners. The company was downgraded on Wednesday, August 12 by Craig-Hallum. B. Riley & Co upgraded it to “Buy” rating and $12.25 target in Wednesday, August 5 report. As per Friday, August 14, the company rating was maintained by Jefferies. RBC Capital Markets downgraded Viavi Solutions Inc. (NASDAQ:VIAV) rating on Monday, August 10. RBC Capital Markets has “Outperform” rating and $8.0 target. The stock of Viavi Solutions Inc. (NASDAQ:VIAV) has “Buy” rating given on Thursday, August 13 by UBS. The stock has “Hold” rating by Craig Hallum on Wednesday, August 12. The firm earned “Outperform” rating on Friday, August 14 by William Blair.

Among 37 analysts covering Alibaba (NYSE:BABA), 35 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 156 analyst reports since August 12, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, May 9 by Needham. The company was maintained on Thursday, October 20 by Needham. As per Wednesday, October 28, the company rating was maintained by Oppenheimer. The rating was maintained by M Partners on Wednesday, April 19 with “Buy”. Morgan Stanley maintained the stock with “Overweight” rating in Friday, August 12 report. The rating was maintained by Brean Capital with “Buy” on Wednesday, October 28. The firm has “Outperform” rating by Credit Suisse given on Friday, August 12. The rating was upgraded by Standpoint Research on Thursday, January 21 to “Buy”. The firm has “Buy” rating by Brean Capital given on Friday, August 12. The company was initiated on Thursday, January 7 by Robert W. Baird.

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