Saturday, September 10, 2016 10:03:32 PM
– Hedge Funds with Long Positions (as of June 30): 15
– Value of Hedge Funds’ Holdings (as of June 30): $26.09 Million
The number of hedge fund vehicles invested in Quantum Corp (NYSE:QTM) increased to 15 from 13 during the second quarter, whereas the aggregate value of their stakes in the company decreased by 29% quarter-on-quarter to $26.09 million. The 29%-decrease was mainly attributable to a decline of 31% in the value of Quantum shares. The shares of the expert in scale-out storage, archive and data protection are 18% in the red thus far in 2016. The company reported total revenue of $116.3 million for the fiscal quarter of fiscal 2017 that ended June 30, an increase of $5.4 million year-over-year. The increase in Quantum’s top line was mainly driven by increased revenue from disk backup systems, devices and media and scale-out storage solutions, partly offset by lower revenue from service and royalty. Jeffrey Smith’s Starboard Value LP had a whopping 19.97 million shares of Quantum Corp (NYSE:QTM) in its portfolio at the end of the June quarter.
Recent QMCO News
- Form 8-K - Current report • Edgar (US Regulatory) • 09/23/2024 08:04:26 PM
- Quantum® Unveils Enhanced Partner Portal and Program, Receives Channel Recognition from CRN • Business Wire • 09/17/2024 12:00:00 PM
- Quantum Announces Reverse Stock Split • Business Wire • 08/26/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/20/2024 11:05:29 AM
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 08/15/2024 11:45:57 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/15/2024 11:23:47 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 09:26:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2024 01:19:01 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/13/2024 08:27:38 PM
- Quantum Reports Fiscal First Quarter 2025 Financial Results • Business Wire • 08/13/2024 08:15:00 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 08/02/2024 08:34:23 PM
- Quantum to Release Fiscal First Quarter 2025 Financial Results on Tuesday, August 13, 2024 • Business Wire • 07/31/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/16/2024 12:57:30 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/12/2024 08:17:31 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 07/08/2024 08:18:30 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 06/18/2024 08:08:45 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/18/2024 08:01:03 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 06/17/2024 09:11:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/17/2024 08:38:13 PM
- Quantum Reports Fiscal Full Year 2024 Financial Results • Business Wire • 06/17/2024 08:32:00 PM
- U.S. Index Futures Mixed; Commodities and Global Markets Update • IH Market News • 06/17/2024 10:50:33 AM
- Quantum to Release Fiscal Year 2024 Financial Results on Monday, June 17 • Business Wire • 06/11/2024 09:07:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/10/2024 08:00:54 PM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/30/2024 08:08:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 01:36:16 AM
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