Pro-Matrix Service Co Big Money Sentiment Runs Low in 2018 Q2, Currently at 1.07

Matrix Service Company (NASDAQ:MTRX) Corporate Logo

“Big money” Positions

In 2018 Q2 Matrix Service Co (NASDAQ:MTRX) big money sentiment decreased to 1.07, according to SEC filings. So its down -0.20, from 2018Q1’s 1.27. 62 funds started new and increased equity positions, while 58 sold and decreased equity positions in Matrix Service Co so the sentiment dived. Funds own 23.80 million shares, down from 23.97 million shares in 2018Q1. Funds holding Matrix Service Co in top 10 changed to 2 from 2 for the same number . 12 Investors Sold All; 46 Reduced Holdings; 40 increased stakes while 22 funds bought stakes.

Significant Matrix Service Co Shareholders

First Wilshire Securities Management Inc owns 357,812 shares in Matrix Service Co as of 2018 Q2. As of 2018 Q2, 427,000 shares of Matrix Service Co are owned by Rutabaga Capital Management Llc Ma. Perritt Capital Management Inc reported 302,964 shares. Smith Graham & Co. Investment Advisors Lp revealed 864,118 shares position in Matrix Service Co. The New York-based fund Adirondack Research & Management Inc. looks positive on Matrix Service Co, having 92,585 shares.

Matrix Service Company provides engineering, fabrication, infrastructure, construction, and maintenance services primarily to the oil, gas, power, petrochemical, industrial, agricultural, and mining and minerals markets in the United States, Canada, and internationally.The firm is worth $584.21 million. The companyÂ’s Electrical Infrastructure segment offers construction and maintenance services to various power generation facilities, such as combined cycle plants, natural gas fired power stations, and renewable energy installations; and high voltage services comprising the construction of new substations, upgrading existing substations, short-run transmission line installations, distribution upgrades and maintenance, and storm restoration services to investor owned utilities.Currently it has negative earnings. The Company’s Oil Gas & Chemical segment provides turnaround, plant maintenance, engineering, and construction services for the downstream and midstream petroleum industries; and hydro blasting, hydro excavating, chemical cleaning, and vacuum services, as well as performs work in the petrochemical, natural gas, gas processing and compression, and upstream petroleum markets.

The stock decreased 7.09% or $1.65 during the last trading session, touching $21.63.Matrix Service Company is uptrending after having risen 63.67% since November 10, 2017. MTRX has 212,218 volume or 7.93% up from normal. The stock outperformed the S&P 500 by 48.05%.

Massachusetts Fincl Services Com Ma has 0% invested in Matrix Service Company (NASDAQ:MTRX) for 71,163 shs. Blackrock has 0% invested in Matrix Service Company (NASDAQ:MTRX) for 3.95 million shs. Envestnet Asset Management has invested 0% in Matrix Service Company (NASDAQ:MTRX). Dimensional Fund Limited Partnership reported 2.26M shs. D E Shaw holds 258,446 shs. Pacific Global Management Company accumulated 0.44% or 109,250 shs. Wellington Group Inc Ltd Liability Partnership has invested 0% of its capital in Matrix Service Company (NASDAQ:MTRX). Royal Commercial Bank Of Canada accumulated 1,033 shs. Advisory Svcs Networks Limited Liability Corporation reported 0% in Matrix Service Company (NASDAQ:MTRX). Aqr Cap Mngmt reported 0.01% in Matrix Service Company (NASDAQ:MTRX). The Massachusetts-based Panagora Asset Mgmt Inc has invested 0.02% in Matrix Service Company (NASDAQ:MTRX). State Board Of Administration Of Florida Retirement Sys holds 24,111 shs. Invesco Ltd stated it has 0% of its capital in Matrix Service Company (NASDAQ:MTRX). State Of Tennessee Treasury Department owns 18,428 shs. The New York-based Qs Invsts Lc has invested 0% in Matrix Service Company (NASDAQ:MTRX).

Matrix Service Company had 9 insider sales and 0 insider buys since May 30, 2018. This’s net activity of $4.23 million. TURNER JASON W sold $64,175 worth of Matrix Service Company (NASDAQ:MTRX) or 3,291 shs on Friday, June 1. AUSTIN NANCY E sold $268,905 worth of Matrix Service Company (NASDAQ:MTRX) or 10,868 shs on Monday, September 17. $788,186 worth of stock was sold by Montalbano Joseph F on Wednesday, September 12. HEWITT JOHN R also sold $1.21M worth of Matrix Service Company (NASDAQ:MTRX) shs. The insider Cavanah Kevin S sold 21,450 shs worth $544,920. Another trade for 11,118 shs valued at $212,908 was made by RYAN JAMES P on Wednesday, June 13.

Another two news for Matrix Service Company (NASDAQ:MTRX) were recently announced by: Streetinsider.com on November 07, 2018 with title “Matrix Service (MTRX) Reports Q1 EPS of $0.08, Revenues Beat; Affirms FY19 EPS/Revenue Guidance”. The other Nasdaq.com‘s article was titled “Matrix Service Company Sets Date to Discuss Results for the First Quarter of Fiscal 2019” and announced on October 24, 2018.

Matrix Service Company (NASDAQ:MTRX) Institutional Investors Chart

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