As Truecar INC (TRUE) Market Valuation Declined, Ontario Teachers Pension Plan Board Increased Holding by $3.75 Million

TrueCar, Inc. (NASDAQ:TRUE) LogoInvestors sentiment decreased to 1.94 in Q2 2019. Its down 0.60, from 2.54 in 2019Q1. It fall, as 17 investors sold TRUE shares while 15 reduced holdings. 21 funds opened positions while 41 raised stakes. 89.86 million shares or 6.43% less from 96.04 million shares in 2019Q1 were reported. Moreover, Parallax Volatility Advisers Ltd Partnership has 0% invested in TrueCar, Inc. (NASDAQ:TRUE). Ameritas Investment Ptnrs invested in 7,838 shares or 0% of the stock. Canada Pension Plan Investment Board holds 0% or 10 shares. Dimensional Fund LP stated it has 0% in TrueCar, Inc. (NASDAQ:TRUE). Cubist Systematic Strategies Ltd Liability Com owns 133,639 shares or 0.01% of their US portfolio. Charles Schwab Invest, a California-based fund reported 537,739 shares. 1.98M are held by State Street. Wells Fargo & Mn reported 40,777 shares. Natl Bank Of Montreal Can owns 149,347 shares. Marshall Wace Llp stated it has 0% of its portfolio in TrueCar, Inc. (NASDAQ:TRUE). Rhumbline Advisers stated it has 138,703 shares. Advisory Networks Lc stated it has 10,992 shares or 0% of all its holdings. Virtu Ltd Company reported 0% of its portfolio in TrueCar, Inc. (NASDAQ:TRUE). Voloridge Mngmt Ltd stated it has 0.01% in TrueCar, Inc. (NASDAQ:TRUE). Jefferies Group Inc, a New York-based fund reported 271,946 shares.

Ontario Teachers Pension Plan Board increased its stake in Truecar Inc (TRUE) by 10% based on its latest 2019Q2 regulatory filing with the SEC. Ontario Teachers Pension Plan Board bought 250,000 shares as the company’s stock declined 21.12% . The institutional investor held 2.75 million shares of the technology company at the end of 2019Q2, valued at $43.42M, up from 2.50 million at the end of the previous reported quarter. Ontario Teachers Pension Plan Board who had been investing in Truecar Inc for a number of months, seems to be bullish on the $339.79M market cap company. The stock increased 3.73% or $0.115 during the last trading session, reaching $3.2. About 1.15 million shares traded. TrueCar, Inc. (NASDAQ:TRUE) has declined 53.27% since October 12, 2018 and is downtrending. It has underperformed by 53.27% the S&P500.

Ontario Teachers Pension Plan Board, which manages about $7.54 billion US Long portfolio, decreased its stake in Praxair Inc (NYSE:PX) by 225,774 shares to 70,231 shares, valued at $9.81 million in 2019Q2, according to the filing. It also reduced its holding in S&P Global Inc by 35,502 shares in the quarter, leaving it with 228,084 shares, and cut its stake in Alibaba Group Hldg Ltd (NYSE:BABA).

More notable recent TrueCar, Inc. (NASDAQ:TRUE) news were published by: Nasdaq.com which released: “EPR Properties Moves Up In Market Cap Rank, Passing People’s United Financial – Nasdaq” on October 09, 2019, also Nasdaq.com with their article: “Despite Volatility, Major Equity Indexes Remain in Black Coming out of Q3 – Nasdaq” published on October 10, 2019, Nasdaq.com published: “Fact-Checking the Data Debate – Nasdaq” on September 05, 2019. More interesting news about TrueCar, Inc. (NASDAQ:TRUE) were released by: Nasdaq.com and their article: “One Recent IPO That Looks Like A Buy – Nasdaq” published on October 08, 2019 as well as Nasdaq.com‘s news article titled: “Stocks Are Poised To Soar, And Here’s Why – Nasdaq” with publication date: October 04, 2019.

TrueCar, Inc. (NASDAQ:TRUE) Ratings Chart

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