Mork Capital Management adds PCM Inc (PCMI) to its portfolio

PCM Inc (PCMI) : Mork Capital Management added new position in PCM Inc during the most recent quarter end. The investment management firm now holds 50,000 shares of PCM Inc which is valued at $874,000 , the company said in a statement filed on Aug 15, 2016 with the SEC.PCM Inc makes up approximately 0.69% of Mork Capital Management’s portfolio.

Other Hedge Funds, Including , Renaissance Technologies boosted its stake in PCMI in the latest quarter, The investment management firm added 18,817 additional shares and now holds a total of 147,017 shares of PCM Inc which is valued at $2,569,857.Dimensional Fund Advisors Lp reduced its stake in PCMI by selling 7,146 shares or 0.82% in the most recent quarter. The Hedge Fund company now holds 867,555 shares of PCMI which is valued at $15,477,181. PCM Inc makes up approx 0.01% of Dimensional Fund Advisors Lp’s portfolio.

PCM Inc closed down -0.04 points or -0.22% at $18.53 with 62,955 shares getting traded on Thursday. Post opening the session at $18.5, the shares hit an intraday low of $18.4 and an intraday high of $18.605 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

Many Wall Street Analysts have commented on PCM Inc. PCM Inc was Downgraded by ROTH Capital to ” Neutral” on Aug 25, 2016. ROTH Capital Initiated PCM Inc on Jul 21, 2016 to “Buy”, Price Target of the shares are set at $16.

PCM Inc. is a technology solutions provider company. The Company provides technology products services and solutions through its sales force and field service teams direct marketing channels and a range of retail stores. The Company offers technology products and solutions as well as consumer electronics equipment and other consumer products. The Company had three operating segments such as Commercial Public Sector and MacMall. It sells primarily to customers in the United States and maintains offices throughout the United States and maintains offices throughout the United States as well as in Montreal Canada and Manila Philippines. It serves its customers by offering products and services from brands such as Apple Cisco Dell HP Ingram Micro Lenovo Microsoft and Tech Data.

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