Janney Montgomery Scott LLC raised its stake in Orange SA (NASDAQ:ORAN) by 12.1% during the second quarter, Holdings Channel reports. The fund owned 74,678 shares of the technology company’s stock after buying an additional 8,080 shares during the period. Janney Montgomery Scott LLC’s holdings in Orange SA were worth $1,193,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Cambiar Investors LLC boosted its stake in shares of Orange SA by 16.2% in the first quarter. Cambiar Investors LLC now owns 7,140,308 shares of the technology company’s stock valued at $110,960,000 after buying an additional 992,856 shares during the last quarter. Karp Capital Management Corp purchased a new position in Orange SA during the first quarter valued at about $6,403,000. Brandes Investment Partners LP boosted its position in Orange SA by 8.5% in the first quarter. Brandes Investment Partners LP now owns 3,418,629 shares of the technology company’s stock valued at $53,125,000 after buying an additional 266,762 shares in the last quarter. Wells Fargo & Company MN boosted its position in Orange SA by 24.4% in the first quarter. Wells Fargo & Company MN now owns 1,003,002 shares of the technology company’s stock valued at $15,587,000 after buying an additional 197,050 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in Orange SA by 8.3% in the first quarter. Bank of America Corp DE now owns 2,320,363 shares of the technology company’s stock valued at $36,059,000 after buying an additional 178,623 shares in the last quarter.

Orange SA (ORAN) opened at 16.69 on Friday. The company has a 50-day moving average price of $16.52 and a 200 day moving average price of $16.07. Orange SA has a 12-month low of $13.98 and a 12-month high of $17.63. The company has a market cap of $44.37 billion and a PE ratio of 303.45.

TRADEMARK VIOLATION WARNING: “Orange SA (NASDAQ:ORAN) Shares Bought by Janney Montgomery Scott LLC” was first posted by Watch List News and is owned by of Watch List News. If you are reading this piece on another domain, it was stolen and reposted in violation of U.S. and international trademark and copyright law. The original version of this piece can be read at https://www.watchlistnews.com/orange-sa-nasdaqoran-shares-bought-by-janney-montgomery-scott-llc/1476668.html.

Several equities analysts recently issued reports on the company. Zacks Investment Research cut Orange SA from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Bank of America Corporation cut Orange SA from a “buy” rating to a “neutral” rating in a report on Tuesday, June 13th. Finally, Berenberg Bank cut Orange SA from a “hold” rating to a “sell” rating in a report on Monday, June 19th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $16.00.

Orange SA Company Profile

Orange SA is a telecommunications operator. The Company also provides telecommunication services to multinational companies, under the brand Orange Business Services. The Company’s segments include France, Spain, Poland, Belgium and Luxembourg, Central European countries, Africa and Middle East, Enterprise, and International Carriers & Shared Services.

Want to see what other hedge funds are holding ORAN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Orange SA (NASDAQ:ORAN).

Institutional Ownership by Quarter for Orange SA (NASDAQ:ORAN)

Receive News & Ratings for Orange SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orange SA and related companies with Analyst Ratings Network's FREE daily email newsletter.