Patriot National (WKN: A14QZC)

 

 

So schnell kann es gehen, wenn die Shorter mal die Pfoten vom Stock lassen!
Kurz unterm Tageshoch geschlossen! Das lässt doch hoffen auf weiteres UP für Morgen!

Nächster Widerstand wäre etwa bei 6,74$, bis dahin sollte sie eigentlich noch mindestens laufen, bevor der erste größere Rücksetzer kommt und die Shorter wieder Morgenluft wittern!

Wer Gestern oder Vorgestern bei etwas über 5$ eingestiegen ist, hat seine 25% schonmal recht sicher! ;-)

Falls jetzt noch ne gute News kommen würde.... :D
Aber bleiben wir mal auf dem Teppich!  

Die Shortquote lag gestern wieder über 60%, ist also im Vergleich zu Vorgestern, sogar leicht gestiegen!
Trotzdem ist sie Gestern schön gestiegen, mit nur wenigen Rücksetzern!
Kaufdruck war dann wohl größer als ich dachte!
Die erste Stunde wird heute wohl entscheidend sein, wohin die Reise geht!
Massive Shortattacke, um Gewinnmitnahmen auszulösen, halte ich für wahrscheinlich..
 

 

 

6,74$ und steigt noch weiter!
Erster richtiger Wiederstand wird wohl die 7$ sein!  

hoch gehen!
Shortrate ist Gestern schon gefallen, war aber noch immer bei 50%!
Kurz runter auf 5,70 zum Ende nicht mehr unter die 6$ gedrückt worden und Ende mit leichtem + bei 6,05$!

Jetzt fehlt nur noch Volumen!
Gestern und Vorgestern gab es News!
 

A conference call and audio webcast with analysts and investors will be held on Thursday, February 25, 2016 at 9 a.m. Eastern Time, to discuss the results and answer questions.

Live conference call: 866-777-2509 (domestic) or 412-317-5413 (international)
Conference call replay available through March 17, 2016: 877-344-7529 (domestic) or 412-317-0088 (international)
Replay access code: 10079938
Live and archived webcast:ir.patnat.com  
The Company is enabling investors to pre-register for the earnings conference call so that they can expedite their entry into the call and avoid the need to wait for a live operator. In order to pre-register for the call, investors can visit http://dpregister.com/10079938 and enter in their contact information. Investors will then be issued a personalized phone number and pin to dial into the live conference call. Individuals can pre-register any time prior to the start of the conference call on February 25.
 

Patriot National Appoints New Independent Director Michael Corey
FORT LAUDERDALE, FL., January 26, 2016 – Patriot National, Inc. (NYSE: PN), a leading provider of technology and outsourcing solutions, announced today that it has appointed Michael Corey to its Board of Directors, effective immediately. With the addition of Mr. Corey, the Patriot National Board has expanded to six members, four of whom are independent.
Mr. Corey is currently a senior Partner of The Corey Search Group, Inc., an advisory firm dedicated to the financial services industry worldwide. His activities range from executive search, strategic and succession plan consulting to capital raising for new insurance-focused ventures. Prior to his role at Corey Search Group he was Managing Partner at MJC Ventures, Inc., a consulting, search and advisory firm, and earlier he headed the development of the U.S. Market for Caldwell Partners, an international search firm in Canada. He previously held leadership roles at executive search firms Heidrick & Struggles and Highland Partners (acquired by Heidrick & Struggles), Lamalie & Associates, and Ward Howell.
“It’s a privilege to welcome financial services industry veteran Mike Corey to our Board as a new independent director,” said Steven M. Mariano, Chairman, President and CEO of Patriot National. “Mike is a specialist dedicated to financial services placements including all lines of insurance, and throughout his 40-year career he has recruited over 3,000 executives worldwide. He is a frequent speaker at many of our industry’s highest profile events and brings extensive experience in the life/P&C /health lines of business that will be of high value to our corporate governance initiatives and practices.”
From 1984 to 1995, Mr. Corey was the sole owner, CEO and senior business developer for the Chicago Search Group, which was the largest insurance-focused retained search firm in the country at that time. He was involved in the recruitment of insurance executives in all product lines including employee benefits and technology.
Mr. Corey currently serves as a Trustee on the board of the American College. He has been involved with the Actuarial Foundation as a trustee and a trustee emeritus and has served as a board member of Irish Life Assurance Company.  

 

 

geschlossen!
Ich denke Morgen wird sie noch nen Ausflug auf die 6,50 machen und dann zum Ende hin wieder stark ansteigen!
Ein wenig Volumen ist dafür aber nötig!
Shorter haben Gestern gut zugeschlagen und Heute auch, da weis ich es aber noch nicht genau!
 

hätte heute gute 10% machen können.
gute News, GAP auf 6$, Rücksetzer GAPclose 5,69$, Endkurs 6,21$  

Nachbörslich werden die Zahlen fürs 4Q und Jahr herausgegeben!
Erwartete EPS ist 0,25$ pro Aktie!
Die Zahlen fürs 3. Quartal sahen richtig gut aus!  

Edward E Snow recently revealed that they own 5.6% of Patriot National Inc (NYSE:PN) in a Schedule 13G disclosure that was filed with the SEC on Tuesday, February 23rd. The investor owns 1,579,176 shares of the stock worth about $9,411,889. The disclosure is available through EDGAR at this link.

Other large investors also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its stake in Patriot National by 31,849.4% in the fourth quarter. Bank of America Corp DE now owns 285,947 shares of the company’s stock worth $1,918,000 after buying an additional 285,052 shares during the period. Fifth Third Bancorp increased its stake in Patriot National by 145.5% in the fourth quarter. Fifth Third Bancorp now owns 801,400 shares of the company’s stock worth $5,377,000 after buying an additional 475,000 shares during the period. Wells Fargo & Company MN increased its stake in Patriot National by 15.7% in the fourth quarter. Wells Fargo & Company MN now owns 616,482 shares of the company’s stock worth $4,136,000 after buying an additional 83,828 shares during the period. Finally, Brown Advisory Inc. increased its stake in Patriot National by 2.8% in the fourth quarter. Brown Advisory Inc. now owns 854,146 shares of the company’s stock worth $5,732,000 after buying an additional 23,147 shares during the period.

Shares of Patriot National Inc (NYSE:PN) traded down 2.45% during midday trading on Tuesday, reaching $5.96. 209,027 shares of the company traded hands. The stock’s market capitalization is $161.22 million. Patriot National Inc has a 12 month low of $4.97 and a 12 month high of $19.32. The company’s 50 day moving average is $6.13 and its 200-day moving average is $11.93.



PN has been the topic of a number of research analyst reports. BMO Capital Markets reissued an “outperform” rating and issued a $15.00 price target (down from $21.00) on shares of Patriot National in a research note on Tuesday, December 15th. Compass Point reduced their price target on shares of Patriot National from $20.00 to $17.00 and set a “buy” rating on the stock in a research note on Thursday, December 17th. William Blair downgraded shares of Patriot National from an “outperform” rating to a “market perform” rating in a research note on Friday, December 18th. Finally, Zacks Investment Research downgraded shares of Patriot National from a “strong-buy” rating to a “hold” rating in a research note on Sunday, January 17th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $17.00.

In related news, insider Timothy J. Ermatinger sold 7,500 shares of the stock in a transaction dated Tuesday, December 1st. The shares were sold at an average price of $14.31, for a total value of $107,325.00. Following the sale, the insider now directly owns 40,882 shares of the company’s stock, valued at approximately $585,021.42. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

http://www.americanbankingnews.com/2016/02/23/...ed-by-edward-e-snow/  

Großaktionäre/Institutionen eingekauft!
 

Ist irgendwer reingegangen, als sie unter 5,80 war oder beim letzten 5,90 Dip?  

Highlights:

For the quarter ended December 31, 2015:
(Comparisons to the corresponding prior-year period)

Total Revenues and Fee Income of $60.9 million, increased 51%
GAAP Net Loss of $5.4 million, or $0.19 per share
Adjusted Earnings of $5.5 million, or $0.19 per diluted share, up 204%
Adjusted EBITDA of $14.6 million, up 49%
Operating Cash Flow of $5.6 million, up 65%
For the year ended December 31, 2015:
(Comparisons to the corresponding prior-year period)

Total Revenues of $209.7 million and Fee Income of $209.8 million, up 79% and 104%, respectively
GAAP Net Loss of $5.4 million, or $0.20 per share
Adjusted Earnings of $20.1 million, or $0.75 per diluted share, up 236%
Adjusted EBITDA of $51.5 million, up 90%
Operating Cash Flow of $37.1 million, up 729%
Invested $3 million to add 90 insurance carrier clients
Recent Developments:

On February 16, 2016, Patriot National announced an expanded relationship with Travelers, the second largest writer of commercial U.S. property and casualty insurance, whereby Patriot National will initially offer all lines of Travelers' small business insurance in 15 states, with plans for national expansion.
On January 28, 2016, Patriot National acquired Mid Atlantic Insurance Services, which increased Patriot National's property and casualty service offering with eight new products, added 12 new carrier relationships and 1,100 new retail agencies.
On January 26, 2016, the Company appointed financial services industry veteran Michael Corey as its fourth independent director, expanding the board to a total of six members.
In early January, the Company expanded its hospitality program through a partnership with ProSight Specialty Insurance to launch a new restaurants, bars and taverns program encompassing property, general liability and liquor liability.
In February, Patriot Technology Solutions launched PN ClaimsAlert, a mobile application that streamlines incident reporting.

http://ih.advfn.com/p.php?pid=nmona&article=70521709  

17% vom Float bzw. über 200k pro Tag, können die ins Bid hauen, um den Preis zu drücken! Kein Wunder, dass PN bei nem Volumen von 150-300K nicht aus dem Knick kommt! Müsste verboten werden, wenn man mich fragt! Zumindest in dieser Menge!

Naja, mal schauen was heute so geht!

http://sussexpilot.com/market-report/...pn-short-interest-update/5432  

Man o man! Das soll mal einer verstehen!?
Die EPS-Erwartungen wurden um 6 verfehlt, das stimmt schon!
Bei den 3. Quartalszahlen wurden die Erwartungen aber auch verfehlt!
Trotzdem stieg der Preis von 13$ auf 14,50$.
Die Zahlen sehen ansonsten sehr gut aus, oder nicht?
Ordentliches Wachstum, Aquisitionen, Präsenz am Markt wurde erhöht etc.

Meine Erklärung für den Rutsch wäre daher folgende:
Gleich zu Beginn, wurde eine Shortattacke gestartet, die ne Menge Stoploss-Orders ausgelöst hat und den Rest hat die Panik erledigt!
Dafür spricht, dass Gestern etwa 300K Short verkauft wurde, was bei einem Volumen von 2 Millionen, also etwa das 10+fache der letzten Tage, nicht soo viel ist, das meiste davon aber in der ersten Halben Stunde Ins Bid geworfen wurde.

Folglich müßte es heute eigentlich eine Recht starke Gegenbewegung geben!
Die Aussichten, gerade für Long-Positionen, sind aus meiner Sicht mehr als gut, von diesem Level aus.  

Wer verkauft ins BID, wenn der Preis auf diesem Level am Steigen ist?  

Patriot National: Ebix bietet $9,50 je Aktie / Quelle: Guidants News http://news.guidants.com