Linda Rogers: Sentiment for Solazyme Inc

[USA] Solazyme Inc (NASDAQ:SZYM) institutional sentiment increased to 1.03 in 2015 Q3. Its up 0.18, from 0.85 in 2015Q2. The ratio is more positive, as 35 active investment managers increased and opened new equity positions, while 41 decreased and sold their holdings in Solazyme Inc. The active investment managers in our partner’s database now own: 31.35 million shares, down from 35.72 million shares in 2015Q2. Also, the number of active investment managers holding Solazyme Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 12 Reduced: 29 Increased: 24 New Position: 11.

Solazyme, Inc. creates renewable oils and bioproducts. The company has a market cap of $135.34 million. The Company’s technology uses microalgae in an industrial fermentation process to transform a range of plant sugars into triglyceride oils and other bioproducts. It currently has negative earnings. The Firm offers Algenist, a skin and personal care product available at Sephora S.A. and its affiliates, QVC, Inc., SpaceNK Limited, select Nordstrom stores and ULTA Beauty.

About 84,886 shares traded hands. Solazyme Inc (NASDAQ:SZYM) has declined 43.20% since July 30, 2015 and is downtrending. It has underperformed by 38.05% the S&P500.

According to Zacks Investment Research, “Solazyme, Inc. operates as a renewable oil and bioproducts company engaged in the transformation of plant-based sugars into tailored oils. The Company’s oils and fuels provide solutions for three target markets: (1) fuels and chemicals, (2) nutrition and (3) skin and personal care. The company’s industrial biotechnology platform harnesses the prolific oil-producing capability of microalgae. The company’s biotechnology platform also helps in the production of bioproducts, which are made from the protein, fiber, and other compounds produced by microalgae. Solazyme, Inc. is headquartered in South San Francisco, California.”

Passport Capital Llc holds 0.28% of its portfolio in Solazyme Inc for 6.00 million shares. Cambrian Capital Limited Partnership owns 106,387 shares or 0.17% of their US portfolio. Moreover, Menta Capital Llc has 0.08% invested in the company for 184,067 shares. The New York-based Shufro Rose & Co Llc has invested 0.08% in the stock. Brave Asset Management Inc, a New Jersey-based fund reported 28,000 shares.

Since March 11, 2015, the stock had 0 buys, and 3 selling transactions for $29,177 net activity. Quinlan Paul T sold 3,124 shares worth $9,725. Painter Tyler sold 3,124 shares worth $9,724. Licari Peter sold 3,124 shares worth $9,728. Fiddler Jerry bought 60,000 shares worth $164,940. The insider Wolfson Jonathan S sold 33,125 shares worth $89,226.

 

View original article at: Linda Rogers: Sentiment for Solazyme Inc 

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