Penn Capital Management Co Inc Buys Nutrisystem Inc, Gardner Denver Holdings Inc, OraSure Technologies Inc, Sells Astec Industries Inc, K2M Group Holdings Inc, Mercury Systems Inc

• New Purchases: NTRI, GDI, DOC, WRD, NPO, FBP, ITRI, GTES, BOJA, ELAN,
• Added Positions: OSUR, FND, PTEN, SUM, GDEN, SGMS, RCM, BJ, STAY, SFST,
• Reduced Positions: ASTE, KTWO, MRCY, MOD, TYL, BLD, WWD, GTN, WCG, VNTR,
• Sold Out: MB, COBZ, ANDE, ECHO, PNK, IIIV, CAVM, PWR, EPRT, DNOW,

For the details of PENN CAPITAL MANAGEMENT CO INC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=PENN+CAPITAL+MANAGEMENT+CO+INC

1. Gray Television Inc (GTN) - 1,166,774 shares, 1.8% of the total portfolio. Shares reduced by 31.9%
2. Nexstar Media Group Inc (NXST) - 203,362 shares, 1.65% of the total portfolio. Shares reduced by 31.35%
3. Wright Medical Group NV (WMGI) - 516,712 shares, 1.43% of the total portfolio. Shares reduced by 7.96%
4. FB Financial Corp (FBK) - 444,083 shares, 1.42% of the total portfolio. Shares reduced by 12.22%
5. ICU Medical Inc (ICUI) - 52,788 shares, 1.4% of the total portfolio. Shares reduced by 18.73%

Penn Capital Management Co Inc initiated holding in Nutrisystem Inc. The purchase prices were between $35.1 and $43.5, with an estimated average price of $38.65. The stock is now traded at around $36.95. The impact to a portfolio due to this purchase was 0.81%. The holding were 269,595 shares as of 2018-09-30.

Penn Capital Management Co Inc initiated holding in Gardner Denver Holdings Inc. The purchase prices were between $24.93 and $29.54, with an estimated average price of $28.03. The stock is now traded at around $25.25. The impact to a portfolio due to this purchase was 0.78%. The holding were 328,137 shares as of 2018-09-30.

Penn Capital Management Co Inc initiated holding in Physicians Realty Trust. The purchase prices were between $15.35 and $17.59, with an estimated average price of $16.58. The stock is now traded at around $16.41. The impact to a portfolio due to this purchase was 0.66%. The holding were 462,456 shares as of 2018-09-30.

Penn Capital Management Co Inc initiated holding in WildHorse Resource Development Corp. The purchase prices were between $18.16 and $24.67, with an estimated average price of $21.47. The stock is now traded at around $22.65. The impact to a portfolio due to this purchase was 0.58%. The holding were 291,968 shares as of 2018-09-30.

Penn Capital Management Co Inc initiated holding in EnPro Industries Inc. The purchase prices were between $70.13 and $77.73, with an estimated average price of $73.91. The stock is now traded at around $69.21. The impact to a portfolio due to this purchase was 0.52%. The holding were 84,925 shares as of 2018-09-30.

Penn Capital Management Co Inc initiated holding in First BanCorp. The purchase prices were between $7.73 and $9.17, with an estimated average price of $8.47. The stock is now traded at around $9.05. The impact to a portfolio due to this purchase was 0.48%. The holding were 625,899 shares as of 2018-09-30.

Penn Capital Management Co Inc added to a holding in OraSure Technologies Inc by 566.04%. The purchase prices were between $15.25 and $17.72, with an estimated average price of $16.39. The stock is now traded at around $12.55. The impact to a portfolio due to this purchase was 0.75%. The holding were 692,307 shares as of 2018-09-30.

Penn Capital Management Co Inc added to a holding in Floor & Decor Holdings Inc by 265.62%. The purchase prices were between $30.17 and $51.79, with an estimated average price of $40.79. The stock is now traded at around $32.42. The impact to a portfolio due to this purchase was 0.52%. The holding were 231,899 shares as of 2018-09-30.

Penn Capital Management Co Inc added to a holding in Patterson-UTI Energy Inc by 223.83%. The purchase prices were between $15.96 and $18.79, with an estimated average price of $17.18. The stock is now traded at around $14.66. The impact to a portfolio due to this purchase was 0.46%. The holding were 400,137 shares as of 2018-09-30.

Penn Capital Management Co Inc added to a holding in Summit Materials Inc by 309.59%. The purchase prices were between $18.18 and $27.09, with an estimated average price of $22.17. The stock is now traded at around $14.25. The impact to a portfolio due to this purchase was 0.45%. The holding were 387,513 shares as of 2018-09-30.

Penn Capital Management Co Inc added to a holding in Golden Entertainment Inc by 54.28%. The purchase prices were between $22.9 and $34.15, with an estimated average price of $28.03. The stock is now traded at around $14.97. The impact to a portfolio due to this purchase was 0.27%. The holding were 380,347 shares as of 2018-09-30.

Penn Capital Management Co Inc added to a holding in Scientific Games Corp by 42.46%. The purchase prices were between $24.9 and $50.95, with an estimated average price of $36.28. The stock is now traded at around $19.57. The impact to a portfolio due to this purchase was 0.24%. The holding were 364,466 shares as of 2018-09-30.

Penn Capital Management Co Inc sold out a holding in MINDBODY Inc. The sale prices were between $34.75 and $43.85, with an estimated average price of $39.04.

Penn Capital Management Co Inc sold out a holding in CoBiz Financial Inc. The sale prices were between $21.35 and $23.43, with an estimated average price of $22.46.

Penn Capital Management Co Inc sold out a holding in Andersons Inc. The sale prices were between $34.33 and $41.45, with an estimated average price of $37.71.

Penn Capital Management Co Inc sold out a holding in Echo Global Logistics Inc. The sale prices were between $28.95 and $36.65, with an estimated average price of $32.56.

Penn Capital Management Co Inc sold out a holding in Pinnacle Entertainment Inc. The sale prices were between $32.77 and $35.04, with an estimated average price of $33.76.

Penn Capital Management Co Inc sold out a holding in i3 Verticals Inc. The sale prices were between $14.8 and $22.98, with an estimated average price of $17.83.

Penn Capital Management Co Inc reduced to a holding in Astec Industries Inc by 96.67%. The sale prices were between $45.19 and $62.83, with an estimated average price of $51.72. The stock is now traded at around $34.40. The impact to a portfolio due to this sale was -1.02%. Penn Capital Management Co Inc still held 7,761 shares as of 2018-09-30.

Penn Capital Management Co Inc reduced to a holding in K2M Group Holdings Inc by 73.11%. The sale prices were between $19.53 and $27.5, with an estimated average price of $23.42. The stock is now traded at around $27.50. The impact to a portfolio due to this sale was -0.91%. Penn Capital Management Co Inc still held 197,210 shares as of 2018-09-30.

Penn Capital Management Co Inc reduced to a holding in Mercury Systems Inc by 91.43%. The sale prices were between $38.54 and $56.45, with an estimated average price of $48.34. The stock is now traded at around $48.45. The impact to a portfolio due to this sale was -0.89%. Penn Capital Management Co Inc still held 28,814 shares as of 2018-09-30.

Penn Capital Management Co Inc reduced to a holding in Modine Manufacturing Co by 66.5%. The sale prices were between $14.9 and $18.25, with an estimated average price of $17.01. The stock is now traded at around $13.90. The impact to a portfolio due to this sale was -0.86%. Penn Capital Management Co Inc still held 314,884 shares as of 2018-09-30.

Penn Capital Management Co Inc reduced to a holding in Tyler Technologies Inc by 84.84%. The sale prices were between $224.17 and $250.8, with an estimated average price of $237.8. The stock is now traded at around $188.99. The impact to a portfolio due to this sale was -0.81%. Penn Capital Management Co Inc still held 8,635 shares as of 2018-09-30.

Penn Capital Management Co Inc reduced to a holding in TopBuild Corp by 64.57%. The sale prices were between $56.82 and $83.96, with an estimated average price of $71.2. The stock is now traded at around $49.96. The impact to a portfolio due to this sale was -0.79%. Penn Capital Management Co Inc still held 73,297 shares as of 2018-09-30.