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Depomed (DEPO) Shareholder Millennium Management Lifted Position by $4.44 Million; Science Applications Intl (SAIC) Shareholder Ami Asset Management Has Upped Its Holding by $1.95 Million

Israel Englander increased its stake in Depomed Inc (DEPO) by 218.79% based on its latest 2017Q3 regulatory filing with the SEC. Millennium Management Llc bought 888,586 shares as the company’s stock declined 38.37% while stock markets rallied. The hedge fund run by Israel Englander held 1.29M shares of the health care company at the end of 2017Q3, valued at $7.50 million, up from 406,129 at the end of the previous reported quarter. Millennium Management Llc who had been investing in Depomed Inc for a number of months, seems to be bullish on the $487.09 million market cap company. The stock decreased 5.15% or $0.42 during the last trading session, reaching $7.73. About 690,943 shares traded. Depomed, Inc. (NASDAQ:DEPO) has declined 46.86% since January 18, 2017 and is downtrending. It has underperformed by 63.56% the S&P500.

Ami Asset Management Corp increased its stake in Science Applications Intl Corp (SAIC) by 21.32% based on its latest 2017Q3 regulatory filing with the SEC. Ami Asset Management Corp bought 29,566 shares as the company’s stock declined 17.93% while stock markets rallied. The hedge fund held 168,251 shares of the edp services company at the end of 2017Q3, valued at $11.25 million, up from 138,685 at the end of the previous reported quarter. Ami Asset Management Corp who had been investing in Science Applications Intl Corp for a number of months, seems to be bullish on the $3.29B market cap company. The stock decreased 1.50% or $1.17 during the last trading session, reaching $77.01. About 56,231 shares traded. Science Applications International Corporation (NYSE:SAIC) has risen 37.99% since January 18, 2017 and is uptrending. It has outperformed by 21.29% the S&P500.

Ami Asset Management Corp, which manages about $1.42B and $1.41B US Long portfolio, decreased its stake in Broadsoft Inc. (NASDAQ:BSFT) by 39,464 shares to 303,194 shares, valued at $15.25 million in 2017Q3, according to the filing. It also reduced its holding in Avery Dennison (NYSE:AVY) by 6,315 shares in the quarter, leaving it with 336,441 shares, and cut its stake in Anika Therapeutics Inc Com (NASDAQ:ANIK).

Among 10 analysts covering Science Applications International (NYSE:SAIC), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Science Applications International had 31 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was upgraded by Citigroup on Wednesday, September 2 to “Buy”. As per Thursday, December 10, the company rating was initiated by Suntrust Robinson. The stock of Science Applications International Corporation (NYSE:SAIC) has “Buy” rating given on Tuesday, June 14 by Citigroup. The rating was upgraded by Wells Fargo to “Buy” on Wednesday, October 25. On Friday, January 12 the stock rating was maintained by Cowen & Co with “Hold”. Vertical Research upgraded the stock to “Buy” rating in Friday, December 8 report. The firm earned “Hold” rating on Friday, August 18 by Jefferies. Jefferies maintained the shares of SAIC in report on Wednesday, June 15 with “Buy” rating. The rating was downgraded by Drexel Hamilton on Friday, September 9 to “Hold”. As per Monday, July 17, the company rating was downgraded by Jefferies.

Since August 17, 2017, it had 0 insider purchases, and 2 sales for $2.27 million activity.

Investors sentiment decreased to 0.85 in 2017 Q3. Its down 0.08, from 0.93 in 2017Q2. It dropped, as 30 investors sold SAIC shares while 77 reduced holdings. 22 funds opened positions while 69 raised stakes. 26.26 million shares or 4.01% less from 27.36 million shares in 2017Q2 were reported. Credit Agricole S A owns 0% invested in Science Applications International Corporation (NYSE:SAIC) for 18,315 shares. 31,907 were reported by Texas Permanent School Fund. Profund Advsrs Ltd Llc accumulated 6,811 shares. Voya Investment Mngmt Ltd reported 98,901 shares. Regions Finance has invested 0.02% in Science Applications International Corporation (NYSE:SAIC). Wellington Mngmt Group Incorporated Limited Liability Partnership has 7,187 shares for 0% of their portfolio. Panagora Asset Mgmt Incorporated reported 9,921 shares. Numeric Invsts Ltd Limited Liability Company reported 98,300 shares or 0.05% of all its holdings. Strs Ohio invested in 3,800 shares or 0% of the stock. Hightower Advsr Limited Liability Company accumulated 31,309 shares or 0.02% of the stock. Advantus Capital Mgmt Incorporated has 0.01% invested in Science Applications International Corporation (NYSE:SAIC) for 5,471 shares. Citadel Ltd Liability Corp reported 4,743 shares. Moreover, Pacad Invest Limited has 0.03% invested in Science Applications International Corporation (NYSE:SAIC). Texas-based Next Fincl Group Inc has invested 0% in Science Applications International Corporation (NYSE:SAIC). Dowling & Yahnke Limited has invested 0.15% of its portfolio in Science Applications International Corporation (NYSE:SAIC).

Among 14 analysts covering Depomed Inc (NASDAQ:DEPO), 6 have Buy rating, 2 Sell and 6 Hold. Therefore 43% are positive. Depomed Inc had 50 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Depomed, Inc. (NASDAQ:DEPO) has “Buy” rating given on Tuesday, December 5 by Mizuho. The stock of Depomed, Inc. (NASDAQ:DEPO) earned “Neutral” rating by UBS on Friday, November 10. The firm has “Neutral” rating by Mizuho given on Tuesday, October 4. The rating was upgraded by Mizuho on Wednesday, November 9 to “Buy”. PiperJaffray downgraded Depomed, Inc. (NASDAQ:DEPO) on Wednesday, July 27 to “Neutral” rating. The rating was downgraded by Mizuho on Tuesday, February 14 to “Neutral”. The stock of Depomed, Inc. (NASDAQ:DEPO) has “Neutral” rating given on Friday, July 31 by Janney Capital. Leerink Swann initiated Depomed, Inc. (NASDAQ:DEPO) on Thursday, March 10 with “Outperform” rating. The stock of Depomed, Inc. (NASDAQ:DEPO) has “Hold” rating given on Monday, June 12 by RBC Capital Markets. As per Tuesday, November 8, the company rating was downgraded by Cantor Fitzgerald.

Investors sentiment increased to 1.21 in Q3 2017. Its up 0.34, from 0.87 in 2017Q2. It is positive, as 23 investors sold DEPO shares while 40 reduced holdings. 24 funds opened positions while 52 raised stakes. 56.42 million shares or 3.13% more from 54.71 million shares in 2017Q2 were reported. Swiss Bank has 99,700 shares. Bnp Paribas Arbitrage Sa stated it has 0% in Depomed, Inc. (NASDAQ:DEPO). Cornerstone Mngmt Holdg Limited Liability Corp has invested 0% in Depomed, Inc. (NASDAQ:DEPO). State Street holds 2.29M shares or 0% of its portfolio. California Employees Retirement Systems reported 0% in Depomed, Inc. (NASDAQ:DEPO). Blackrock holds 9.39 million shares. Ahl Prns Llp has 23,682 shares. Gsa Capital Ptnrs Ltd Liability Partnership holds 0.06% or 158,300 shares in its portfolio. Glenmede Na invested in 0% or 355 shares. Riverhead Capital Management Ltd Llc reported 0% in Depomed, Inc. (NASDAQ:DEPO). Prudential Financial stated it has 117,116 shares. State Of Tennessee Treasury Department stated it has 55,047 shares. Pub Employees Retirement Association Of Colorado stated it has 15,957 shares. Geode Cap Mgmt reported 0% stake. Moreover, Quantitative Systematic Strategies Limited Liability has 0.02% invested in Depomed, Inc. (NASDAQ:DEPO).

Since December 14, 2017, it had 1 insider purchase, and 0 selling transactions for $612,000 activity.

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