Sawtooth Solutions LLC Sells 79,315 Shares of Orange S.A. (NYSE:ORAN)

Sawtooth Solutions LLC trimmed its holdings in Orange S.A. (NYSE:ORANGet Rating) by 44.4% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 99,267 shares of the technology company’s stock after selling 79,315 shares during the quarter. Sawtooth Solutions LLC’s holdings in Orange were worth $1,173,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Brandes Investment Partners LP grew its stake in shares of Orange by 18.3% during the 1st quarter. Brandes Investment Partners LP now owns 1,160,575 shares of the technology company’s stock valued at $13,718,000 after purchasing an additional 179,689 shares during the period. Northern Trust Corp grew its stake in shares of Orange by 0.9% during the 4th quarter. Northern Trust Corp now owns 499,202 shares of the technology company’s stock valued at $5,266,000 after purchasing an additional 4,218 shares during the period. Old Port Advisors grew its stake in shares of Orange by 6.7% during the 1st quarter. Old Port Advisors now owns 96,708 shares of the technology company’s stock valued at $1,160,000 after purchasing an additional 6,110 shares during the period. West Family Investments Inc. bought a new stake in shares of Orange during the 4th quarter valued at about $219,000. Finally, Benjamin F. Edwards & Company Inc. grew its stake in shares of Orange by 39.5% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 35,568 shares of the technology company’s stock valued at $420,000 after purchasing an additional 10,070 shares during the period. 1.08% of the stock is currently owned by institutional investors.

Orange Price Performance

NYSE ORAN opened at $10.12 on Thursday. The stock’s 50 day moving average is $10.32 and its 200 day moving average is $11.35. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.97 and a quick ratio of 0.93. Orange S.A. has a 12 month low of $9.85 and a 12 month high of $12.71.

Analyst Ratings Changes

A number of equities research analysts have issued reports on ORAN shares. Barclays upgraded Orange from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, June 22nd. Morgan Stanley boosted their price objective on Orange from €11.00 ($11.22) to €13.00 ($13.27) and gave the company an “equal weight” rating in a research note on Tuesday, July 12th. StockNews.com downgraded Orange from a “buy” rating to a “hold” rating in a research note on Friday, September 2nd. Finally, Sanford C. Bernstein upgraded Orange from a “market perform” rating to an “outperform” rating in a research note on Monday, June 13th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $11.25.

About Orange

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Orange SA provides various fixed telephony and mobile telecommunications, data transmission, and other value-added services to customers, businesses, and other telecommunications operators in France and internationally. It operates through France; Spain and Other European Countries; The Africa and Middle East; Enterprise; International Carriers & Shared Services; and Mobile Financial Services segments.

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Institutional Ownership by Quarter for Orange (NYSE:ORAN)

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