Tensile Capital Management LLC Buys Valvoline Inc, Alteryx Inc, Entercom Communications Corp, Sells Blackhawk Network Holdings Inc, Cornerstone OnDemand Inc, Macy's Inc

San Francisco, CA, based Investment company Tensile Capital Management LLC buys Valvoline Inc, Alteryx Inc, Entercom Communications Corp, sells Blackhawk Network Holdings Inc, Cornerstone OnDemand Inc, Macy's Inc, Progress Software Corp, Matson Inc during the 3-months ended 2018-06-30, according to the most recent filings of the investment company, Tensile Capital Management LLC. As of 2018-06-30, Tensile Capital Management LLC owns 16 stocks with a total value of $663 million. These are the details of the buys and sells.

For the details of Tensile Capital Management LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Tensile+Capital+Management+LLC

These are the top 5 holdings of Tensile Capital Management LLC
  1. Valvoline Inc (VVV) - 3,679,527 shares, 11.96% of the total portfolio. Shares added by 29.67%
  2. PTC Inc (PTC) - 833,926 shares, 11.79% of the total portfolio.
  3. Advance Auto Parts Inc (AAP) - 546,622 shares, 11.18% of the total portfolio. Shares reduced by 12.07%
  4. Cornerstone OnDemand Inc (CSOD) - 1,175,868 shares, 8.41% of the total portfolio. Shares reduced by 24.91%
  5. Equinix Inc (EQIX) - 113,387 shares, 7.35% of the total portfolio. Shares added by 10.74%
New Purchase: Entercom Communications Corp (ETM)

Tensile Capital Management LLC initiated holding in Entercom Communications Corp. The purchase prices were between $6.4 and $10.6, with an estimated average price of $8.51. The stock is now traded at around $7.40. The impact to a portfolio due to this purchase was 0.28%. The holding were 243,716 shares as of 2018-06-30.

Added: Valvoline Inc (VVV)

Tensile Capital Management LLC added to a holding in Valvoline Inc by 29.67%. The purchase prices were between $20.02 and $22.35, with an estimated average price of $21.15. The stock is now traded at around $21.41. The impact to a portfolio due to this purchase was 2.74%. The holding were 3,679,527 shares as of 2018-06-30.

Added: Alteryx Inc (AYX)

Tensile Capital Management LLC added to a holding in Alteryx Inc by 83.13%. The purchase prices were between $30.62 and $40.6, with an estimated average price of $34.91. The stock is now traded at around $52.89. The impact to a portfolio due to this purchase was 2.35%. The holding were 898,847 shares as of 2018-06-30.

Sold Out: Blackhawk Network Holdings Inc (HAWK)

Tensile Capital Management LLC sold out a holding in Blackhawk Network Holdings Inc. The sale prices were between $44.6 and $45.2, with an estimated average price of $44.96.

Sold Out: Macy's Inc (M)

Tensile Capital Management LLC sold out a holding in Macy's Inc. The sale prices were between $28.26 and $40.21, with an estimated average price of $33.5.

Sold Out: Progress Software Corp (PRGS)

Tensile Capital Management LLC sold out a holding in Progress Software Corp. The sale prices were between $34.8 and $40.93, with an estimated average price of $37.96.

Sold Out: Matson Inc (MATX)

Tensile Capital Management LLC sold out a holding in Matson Inc. The sale prices were between $27.85 and $39, with an estimated average price of $33.16.

Sold Out: Diamond Offshore Drilling Inc (DO)

Tensile Capital Management LLC sold out a holding in Diamond Offshore Drilling Inc. The sale prices were between $14.39 and $21.22, with an estimated average price of $18.63.

Reduced: Cornerstone OnDemand Inc (CSOD)

Tensile Capital Management LLC reduced to a holding in Cornerstone OnDemand Inc by 24.91%. The sale prices were between $38.79 and $53.18, with an estimated average price of $46.64. The stock is now traded at around $52.21. The impact to a portfolio due to this sale was -2.29%. Tensile Capital Management LLC still held 1,175,868 shares as of 2018-06-30.



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