Services Sector Active Movers: J.C. Penney Company (NYSE:JCP), Rite Aid (NYSE:RAD), Pandora Media (NYSE:P), MGM Resorts International (NYSE:MGM), The Wendy’s Co (NASDAQ:WEN)

Seymour Sy Kaufman and Michael Stark‘s fund, Crosslink Capital, has reported the sale of 350,000 shares of Pandora Media Inc (NYSE:P), a new filing with the SEC showed. The shareholder disposed of the securities in one transaction at a price of $25.18 per share. Following the sale, Crosslink, which is a large shareholder of Pandora Media Inc (NYSE:P), owns more than 13.83 million shares of the company, down from 16.27 million shares reported in its latest 13F.Pandora Media Inc (NYSE:P) shares moved down -0.65 % in last trading session and was closed at $24.37, while trading in range of $23.89-$24.50. Year to date (YTD) performance is -8.38 %.

J.C. Penney’s Company, Inc. (NYSE:JCP) stock fell more than 50% in the past 12 months and has increasingly underperformed the market for more than a decade. A few weeks ago, first-quarter earnings beat estimates and showed some signs of improvement. J.C. Penney Company, Inc.(NYSE:JCP) net profit margin is -11.60% and weekly performance is -3.66%. On last trading day company shares ended up $8.68. Analysts mean target price for the company is $9.33. Distance from 50-day simple moving average (SMA50) is 1.18%.

Rite Aid (NYSE:RAD) has had an incredible ride over the past five years, as management has restructured its debt, closed under-performing stores, and launched its Wellness rewards and store format program. On last trading day, Rite Aid Corporation (NYSE:RAD) stock traded at beginning with a price of $8.36 and throughout the trading session climbed at a high of $8.42 and later when day-trade ended the stock finally declined -0.24% to end at $8.36. Rite Aid Corporation (NYSE:RAD) shares fell -0.72 % in last trading session and ended the day on $8.30. Gross Margin is 28.70% and its return on assets is3.10 %. Quarterly performance is 26.14%.

MGM Resorts International (NYSE:MGM) EVP Christopher W. Nordling unloaded 5,687 shares of MGM Resorts International stock in a transaction. The executive vice president now directly owns 13,062 shares of the company’s stock, valued at approximately $336,085. The sale was disclosed in a filing with the Securities & Exchange Commission MGM Resorts International (NYSE:MGM) ended the last trading day at $26.13. Company weekly volatility is calculated as 2.42% and price to cash ratio as 11.50.Showed a positive weekly performance of 4.23 %.

The Wendy’s Co (NASDAQ:WEN) had a good run last year where its shares surged nearly 86 percent. However, things have not been good for the quick-service restaurant operator in 2014.The Wendy’s Co (NASDAQ:WEN) net profit margin is 3.70% and weekly performance is 1.09 %. On last trading day company shares ended up $8.32. Analysts mean target price for the company is $9.16. Distance from 50-day simple moving average (SMA50) is -1.80%.

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