Pandora Media, Inc. (P) Insider Sell/Buy Ratio Soars Well Into Bearish Territory

The surge in insider selling at Pandora Media, Inc. (NYSE:P) is picking up steam with the current sell/buy ratio now at 13. P recorded 13 sales on the open market in the last three months. They sold nearly 318,082 shares while purchases amounted to zero shares that period. Looking even further back to 12 months, corporate insiders offloaded 960,602 shares when buyers snapped up 2,631,356 shares. The 12-month’s totals signify about a 0.37-to-1 sell/buy ratio.

Lapic S Aimee parted with a total of 9.31 thousand shares of Pandora Media, Inc. (P) at average share price of $9.01. This insider trade in the company took place on 12/12/2018. The total for the sales was set at $83.9 thousand. After this transaction, the Chief Marketing Officer account balance stood at 392.88 thousand shares. The stock lost -2.77 percent since that insider sale. On 11/19/2018, Lapic S Aimee, Chief Marketing Officer, sold 96.81 thousand shares at a price per share of $8.86. This removed 857.77 thousand shares from the insider’s fortune and the stock saw a -1.13 percent retreat in value since the news became public. This transaction left 402.19 thousand shares in the Chief Marketing Officer account.

On 11/16/2018, General Counsel & Secretary Bene Stephen G performed a sale transaction worth $86.59 thousand. This sale at $8.9 each has eliminated 9.73 thousand shares from the insider’s portfolio position. Meanwhile, shares have recorded -1.57 percent decrease since the transaction was reported. The insider now is left with 567.3 thousand shares remaining in the account. Trimble John, who performs the Chief Revenue Officer job, sold 11.9 thousand shares for $105.92 thousand. The disposal occurred on 11/16/2018 was priced at $8.9 per share. The share price plunged -1.57 percent since the reporting date. Trimble John now left with a stake of 609.02 thousand P stock worth $5.33 million after the insider selling.

The 12-month median price target for Pandora Media, Inc. (P) assigned by the analysts stands at $9.32, which represents a return potential of 6.39 percent when compared to the closing price of the stock of $8.76 on Friday, January 04. The lowest price target for the stock is $9 — slightly more than 2.74 percent from P’s current share price. The stock will probably climb 7.42 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $11.5price as 12-month high target. This represents a whopping 31.28 percent increase from where shares are trading today.

On momentum oscillators front, ‘RSI’ has touched 58.61 on daily chart, which may remain a cause for concern. If the price breaks below $8.29 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $8.9 mark may result into a pull-back move towards $9.03 level. The stock is currently hovering around the first support level of $8.53. Below this, the next support is placed in the zone of $8.29. Till the time, the P stock trades above this level, bulls have nothing to fear.

Shares of Pandora Media, Inc. (P) are trading at a P/E ratio of 0 times earnings reported for the past 12 months. The industry P operates in has an average P/E of 16.03. Its P/E ratio went as low as 0X and as high as 0 over the 5-year span. Further, it is sporting a 1.55 on the Price-to-Sales ratio. Compare this with the industry average P/S of 4.52. 33.1 percent is the gross profit margin for Pandora Media, Inc. and operating margin sits at -21.2 percent. Along with this, the net profit margin is -23.9 percent.

On 4th of January, Pandora Media, Inc. (NYSE:P) shares ended higher after a volatile session. The shares accumulated 0.41 points or 4.91 percent at $8.76 with a light trade volume of 7.616 million shares. After opening the session at $8.47, the shares went as high as $8.8 and as low as $8.43, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $2.35 billion and now has 268.06 million shares outstanding. Pandora Media, Inc. (P) stock has lost -0.34 percent of market value in 21 trading days.

In last reported earnings results, P earned -$0.06 per share, better than the -$0.11, adjusted, expected by Thomson Reuters consensus estimate. Revenue was $418M, better than the $402M analysts expected. Earnings are estimated to increase by -54.7 percent this year, 49 percent next year and continue to increase by 10 percent annually for the next 5 years. Investors will get their next glimpse of P’s Q4 earnings on February 07. Analysts are forecasting revenue to climb 13 percent to $447M in the next fiscal quarter, while earnings are seen soaring by nearly -95.24 percent to -$0.01 per share. History has shown that shares in Pandora Media, Inc. have gone down on 18 different earnings reaction days and are predicted to add 0.11 percent when the company reports upcoming earnings.

P stock has a trailing 3-year beta of -0.06, offering the possibility of a lower rate of return, but also posing less risk. The portion of a company’s profit allocated to each outstanding share of common stock was -$1.41 a share in the trailing twelve months. The stock’s value has surged 8.28 percent year to date (YTD) against a rise of 76.26 percent in 12 month’s time. The company’s shares still trade -13.01 percent away from its 1-year high of $10.07 and 114.18 percent up from 52-week low of $4.09. The average consensus rating on the company is 2.8, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a sell.