Orange SA (NYSE:ORAN) Shares Sold by Beck Bode LLC

Beck Bode LLC cut its stake in Orange SA (NYSE:ORAN) by 13.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,350 shares of the technology company’s stock after selling 1,800 shares during the period. Beck Bode LLC’s holdings in Orange were worth $177,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ORAN. Comerica Bank increased its position in Orange by 2.6% during the second quarter. Comerica Bank now owns 171,127 shares of the technology company’s stock worth $2,555,000 after buying an additional 4,311 shares during the period. NEXT Financial Group Inc increased its stake in Orange by 226.6% in the second quarter. NEXT Financial Group Inc now owns 2,162 shares of the technology company’s stock valued at $34,000 after purchasing an additional 1,500 shares during the period. Checchi Capital Advisers LLC raised its holdings in shares of Orange by 12.3% in the third quarter. Checchi Capital Advisers LLC now owns 13,517 shares of the technology company’s stock valued at $210,000 after buying an additional 1,482 shares during the last quarter. SRS Capital Advisors Inc. purchased a new stake in shares of Orange in the second quarter valued at about $35,000. Finally, Catalyst Capital Advisors LLC boosted its stake in shares of Orange by 32.5% during the third quarter. Catalyst Capital Advisors LLC now owns 177,606 shares of the technology company’s stock worth $2,766,000 after buying an additional 43,606 shares during the period. Institutional investors own 0.90% of the company’s stock.

ORAN has been the topic of several recent research reports. Zacks Investment Research upgraded Orange from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a research report on Tuesday, November 12th. Societe Generale upgraded Orange from a “hold” rating to a “buy” rating in a research note on Monday, November 25th. Cfra reaffirmed a “hold” rating and set a $16.00 price target on shares of Orange in a report on Wednesday, November 13th. JPMorgan Chase & Co. cut shares of Orange from an “overweight” rating to a “neutral” rating in a research note on Monday, September 9th. Finally, New Street Research raised shares of Orange from a “neutral” rating to a “buy” rating in a research note on Wednesday, September 11th. Five investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $17.00.

ORAN stock traded down $0.02 on Tuesday, reaching $15.96. 152,488 shares of the company’s stock were exchanged, compared to its average volume of 432,590. The stock has a fifty day moving average of $16.22 and a 200-day moving average of $15.51. Orange SA has a twelve month low of $14.57 and a twelve month high of $16.89. The firm has a market cap of $43.41 billion, a PE ratio of 21.86, a P/E/G ratio of 1.00 and a beta of 0.37. The company has a quick ratio of 0.76, a current ratio of 0.79 and a debt-to-equity ratio of 0.95.

Orange Profile

Orange SA provides a range of fixed telephony and mobile telecommunications, data transmission, and other value-added services to consumers, businesses, and other telecommunications operators in Europe, Africa, and the Middle East. The company offers mobile services, such as voice, SMS, and data; fixed broadband and narrowband services, as well as fixed network business solutions, including voice and data; and convergence packages.

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Institutional Ownership by Quarter for Orange (NYSE:ORAN)

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