Diversified Investment Strategies Lowers stake in Rightside Group Ltd (NAME)

Rightside Group Ltd (NAME) : Diversified Investment Strategies reduced its stake in Rightside Group Ltd by 2.03% during the most recent quarter end. The investment management company now holds a total of 261,210 shares of Rightside Group Ltd which is valued at $2.3 Million after selling 5,400 shares in Rightside Group Ltd , the firm said in a disclosure report filed with the SEC on May 12, 2016.Rightside Group Ltd makes up approximately 2.46% of Diversified Investment Strategies’s portfolio.

Other Hedge Funds, Including , Fuller Thaler Asset Management added NAME to its portfolio by purchasing 1,500 company shares during the most recent quarter which is valued at $13,290. Whv Investments sold out all of its stake in NAME during the most recent quarter. The investment firm sold 68,554 shares of NAME which is valued $607,388.Blackrock Advisors boosted its stake in NAME in the latest quarter, The investment management firm added 116 additional shares and now holds a total of 2,925 shares of Rightside Group Ltd which is valued at $25,916. Nationwide Fund Advisors added NAME to its portfolio by purchasing 8,900 company shares during the most recent quarter which is valued at $78,409. Russell Frank Co added NAME to its portfolio by purchasing 18,650 company shares during the most recent quarter which is valued at $168,596.

Rightside Group Ltd opened for trading at $8.81 and hit $9.04 on the upside on Friday, eventually ending the session at $9, with a gain of 1.35% or 0.12 points. The heightened volatility saw the trading volume jump to 29,628 shares. Company has a market cap of $172,800 M.

Rightside Group Ltd. is a provider of domain name services that enable businesses and consumers to find establish and maintain their digital address. The Company is a registrar offering domain name registration and other related services to resellers and directly to domain name registrants. The Company provides infrastructure services through its eNom brand. The Company offers domain name registration services through its retail brands including Name.com. As of December 31 2014 the Company had over 16 million domain names under management. The Company is a domain name registry through its participation in the expansion of generic Top Level Domains (gTLDs) by the Internet Corporation for Assigned Names and Numbers (ICANN). As of December 31 2014 the Company had launched 36 gTLDs in its portfolio including .NINJA .ROCKS and .SOCIAL. The Company has operations in the United States Ireland Grand Cayman Canada and Australia.

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