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Nike (NKE) Shareholder Howard Capital Management Cut Its Holding as Valuation Declined; Sphera Funds Management LTD Maintains Holding in Ignyta (RXDX)

Howard Capital Management decreased its stake in Nike Inc (NKE) by 93.59% based on its latest 2017Q3 regulatory filing with the SEC. Howard Capital Management sold 239,265 shares as the company’s stock declined 8.78% while stock markets rallied. The institutional investor held 16,388 shares of the consumer non-durables company at the end of 2017Q3, valued at $850,000, down from 255,653 at the end of the previous reported quarter. Howard Capital Management who had been investing in Nike Inc for a number of months, seems to be less bullish one the $131.77 billion market cap company. The stock increased 4.84% or $3.1 during the last trading session, reaching $67.21. About 12.90M shares traded or 32.81% up from the average. NIKE, Inc. (NYSE:NKE) has declined 9.24% since January 20, 2017 and is downtrending. It has underperformed by 25.94% the S&P500.

Sphera Funds Management Ltd increased its stake in Ignyta Inc (RXDX) by 14.83% based on its latest 2017Q3 regulatory filing with the SEC. Sphera Funds Management Ltd bought 59,300 shares as the company’s stock declined 28.13% while stock markets rallied. The institutional investor held 459,300 shares of the health care company at the end of 2017Q3, valued at $5.67 million, up from 400,000 at the end of the previous reported quarter. Sphera Funds Management Ltd who had been investing in Ignyta Inc for a number of months, seems to be bullish on the $1.82B market cap company. The stock increased 0.37% or $0.1 during the last trading session, reaching $26.95. About 5.14M shares traded or 90.52% up from the average. Ignyta, Inc. (NASDAQ:RXDX) has risen 14.24% since January 20, 2017 and is uptrending. It has underperformed by 2.46% the S&P500.

Among 44 analysts covering Nike Inc. (NYSE:NKE), 24 have Buy rating, 2 Sell and 18 Hold. Therefore 55% are positive. Nike Inc. had 218 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of NIKE, Inc. (NYSE:NKE) has “Buy” rating given on Wednesday, June 29 by Jefferies. On Monday, December 12 the stock rating was maintained by UBS with “Buy”. The stock has “Buy” rating by Robert W. Baird on Friday, September 8. Citigroup maintained NIKE, Inc. (NYSE:NKE) rating on Wednesday, June 29. Citigroup has “Buy” rating and $61 target. The rating was maintained by Canaccord Genuity on Friday, September 25 with “Hold”. The firm has “Neutral” rating given on Wednesday, September 28 by B. Riley & Co. FBR Capital maintained the stock with “Mkt Perform” rating in Wednesday, September 28 report. On Tuesday, April 4 the stock rating was downgraded by Argus Research to “Hold”. The stock has “Market Perform” rating by FBR Capital on Thursday, March 23. The stock of NIKE, Inc. (NYSE:NKE) earned “Neutral” rating by Goldman Sachs on Thursday, October 19.

Investors sentiment decreased to 0.8 in Q3 2017. Its down 0.20, from 1 in 2017Q2. It worsened, as 87 investors sold NKE shares while 457 reduced holdings. 78 funds opened positions while 358 raised stakes. 985.62 million shares or 0.88% less from 994.42 million shares in 2017Q2 were reported. Moreover, Enterprise Financial Svcs Corporation has 0.23% invested in NIKE, Inc. (NYSE:NKE). Spf Beheer Bv holds 2.71% or 1.24 million shares in its portfolio. 42,523 are held by Pax Mngmt Ltd. Callahan Advisors Ltd Liability, Texas-based fund reported 154,982 shares. Pictet North America Advsrs accumulated 0.05% or 5,510 shares. Barclays Public Limited Company reported 1.79M shares. American International Grp owns 391,755 shares. Webster Bancorp N A invested 0.02% of its portfolio in NIKE, Inc. (NYSE:NKE). Asset Management Inc has 130,520 shares for 0.22% of their portfolio. Alpha Windward Ltd Limited Liability Company holds 3,599 shares or 0.12% of its portfolio. Hm Payson & owns 91,229 shares for 0.2% of their portfolio. New York State Teachers Retirement System holds 0.28% or 2.19M shares. Augustine Asset Incorporated stated it has 1.96% of its portfolio in NIKE, Inc. (NYSE:NKE). King Luther Capital Mgmt reported 0.29% of its portfolio in NIKE, Inc. (NYSE:NKE). 94,667 were accumulated by Wolverine Asset Ltd.

Since September 14, 2017, it had 0 insider buys, and 6 sales for $23.60 million activity. $620,000 worth of NIKE, Inc. (NYSE:NKE) was sold by Matheson Monique S.. RODGERS JOHNATHAN A sold 16,000 shares worth $855,206. PARKER MARK G sold $8.78M worth of stock or 135,000 shares.

Sphera Funds Management Ltd, which manages about $700.90 million US Long portfolio, decreased its stake in Audentes Therapeutics Inc by 55,000 shares to 95,000 shares, valued at $2.66M in 2017Q3, according to the filing. It also reduced its holding in Syndax Pharmaceuticals Inc by 47,838 shares in the quarter, leaving it with 248,472 shares, and cut its stake in Solaredge Technologies Inc.

Among 10 analysts covering Ignyta (NASDAQ:RXDX), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Ignyta had 20 analyst reports since August 12, 2015 according to SRatingsIntel. On Friday, October 20 the stock rating was maintained by Jefferies with “Buy”. The company was maintained on Sunday, June 4 by Cantor Fitzgerald. The firm has “Buy” rating by Canaccord Genuity given on Monday, October 26. On Monday, October 26 the stock rating was initiated by Cantor Fitzgerald with “Buy”. The rating was initiated by SunTrust with “Buy” on Tuesday, November 21. Jefferies initiated it with “Buy” rating and $18 target in Friday, October 23 report. The firm has “Overweight” rating given on Wednesday, August 12 by Piper Jaffray. The stock of Ignyta, Inc. (NASDAQ:RXDX) has “Overweight” rating given on Thursday, June 23 by JP Morgan. The rating was initiated by Credit Suisse on Thursday, January 21 with “Outperform”. The rating was downgraded by Jefferies to “Hold” on Friday, December 22.

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