Trending Stock News

Triumph Group (TGI) Holder Rock Point Advisors Has Lifted Its Holding by $2.18 Million as Stock Price Declined; As Insmed (INSM) Valuation Rose, Holder Baker Bros Advisors LP Upped Stake

Rock Point Advisors Llc increased its stake in Triumph Group Inc (TGI) by 44.34% based on its latest 2017Q3 regulatory filing with the SEC. Rock Point Advisors Llc bought 75,335 shares as the company’s stock declined 14.37% while stock markets rallied. The institutional investor held 245,235 shares of the capital goods company at the end of 2017Q3, valued at $7.30 million, up from 169,900 at the end of the previous reported quarter. Rock Point Advisors Llc who had been investing in Triumph Group Inc for a number of months, seems to be bullish on the $1.38B market cap company. The stock increased 0.91% or $0.25 during the last trading session, reaching $27.75. About 558,211 shares traded. Triumph Group, Inc. (NYSE:TGI) has declined 35.48% since February 19, 2017 and is downtrending. It has underperformed by 52.18% the S&P500.

Julian Baker increased its stake in Insmed Incorporated (INSM) by 75% based on its latest 2017Q3 regulatory filing with the SEC. Baker Bros Advisors Lp bought 300,000 shares as the company’s stock rose 11.02% with the market. The hedge fund run by Julian Baker held 700,000 shares of the health care company at the end of 2017Q3, valued at $21.85M, up from 400,000 at the end of the previous reported quarter. Baker Bros Advisors Lp who had been investing in Insmed Incorporated for a number of months, seems to be bullish on the $1.86 billion market cap company. The stock decreased 4.49% or $1.14 during the last trading session, reaching $24.23. About 728,415 shares traded. Insmed Incorporated (NASDAQ:INSM) has risen 57.88% since February 19, 2017 and is uptrending. It has outperformed by 41.18% the S&P500.

Investors sentiment decreased to 0.93 in Q3 2017. Its down 0.27, from 1.2 in 2017Q2. It turned negative, as 34 investors sold TGI shares while 58 reduced holdings. 27 funds opened positions while 59 raised stakes. 48.03 million shares or 2.59% more from 46.82 million shares in 2017Q2 were reported. 397,577 are held by S&T Comml Bank Pa. Heartland Inc holds 350,000 shares or 0.67% of its portfolio. State Teachers Retirement invested in 100,399 shares or 0.01% of the stock. Natixis owns 7,635 shares. Axa owns 7,200 shares. Raymond James Associate invested in 0.01% or 86,806 shares. Lucus Advsrs Lc reported 11,516 shares. Moreover, Weiss Multi has 0.11% invested in Triumph Group, Inc. (NYSE:TGI). 217,819 are held by Lathrop. Mason Street Advsr Limited Com reported 0.01% in Triumph Group, Inc. (NYSE:TGI). Rhumbline Advisers holds 104,649 shares or 0.01% of its portfolio. The Kansas-based Truenorth has invested 0.8% in Triumph Group, Inc. (NYSE:TGI). Ahl Prtn Ltd Liability Partnership invested in 293,226 shares. James Invest Rech has invested 0.33% of its portfolio in Triumph Group, Inc. (NYSE:TGI). Millennium Mngmt Ltd Liability Corporation reported 0% stake.

Among 18 analysts covering Triumph Group (NYSE:TGI), 5 have Buy rating, 3 Sell and 10 Hold. Therefore 28% are positive. Triumph Group had 60 analyst reports since July 30, 2015 according to SRatingsIntel. Standpoint Research downgraded Triumph Group, Inc. (NYSE:TGI) on Thursday, May 25 to “Reduce” rating. The firm has “Hold” rating by ValuEngine given on Monday, May 29. The firm earned “Buy” rating on Monday, February 22 by Bank of America. The rating was maintained by Jefferies with “Hold” on Friday, November 3. The stock has “Hold” rating by Vertical Research on Thursday, May 25. The company was maintained on Thursday, May 25 by RBC Capital Markets. The company was maintained on Monday, May 9 by Goldman Sachs. The stock has “Buy” rating by RBC Capital Markets on Thursday, November 9. The stock of Triumph Group, Inc. (NYSE:TGI) has “Hold” rating given on Friday, April 21 by Canaccord Genuity. The stock of Triumph Group, Inc. (NYSE:TGI) earned “Hold” rating by SunTrust on Thursday, January 19.

Rock Point Advisors Llc, which manages about $351.72M and $214.70M US Long portfolio, decreased its stake in Sunpower Corp (NASDAQ:SPWR) by 152,839 shares to 353,190 shares, valued at $2.58M in 2017Q3, according to the filing. It also reduced its holding in Gilead Sciences Inc (NASDAQ:GILD) by 7,481 shares in the quarter, leaving it with 116,296 shares, and cut its stake in Citigroup (NYSE:C).

Since September 5, 2017, it had 0 insider buys, and 2 insider sales for $2.70 million activity. The insider HAYDEN DONALD J JR sold $1.34 million.

Baker Bros Advisors Lp, which manages about $8.20B and $12.33B US Long portfolio, decreased its stake in Achaogen Inc. (NASDAQ:AKAO) by 917,726 shares to 3.89 million shares, valued at $62.00M in 2017Q3, according to the filing. It also reduced its holding in Sangamo Therapeutics Inc. (NASDAQ:SGMO) by 2.00 million shares in the quarter, leaving it with 2.11M shares, and cut its stake in Cerus Corporation (NASDAQ:CERS).

Among 10 analysts covering Insmed (NASDAQ:INSM), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Insmed had 25 analyst reports since August 10, 2015 according to SRatingsIntel. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, March 15. Stifel Nicolaus maintained Insmed Incorporated (NASDAQ:INSM) rating on Thursday, November 2. Stifel Nicolaus has “Buy” rating and $43.0 target. Zacks downgraded Insmed Incorporated (NASDAQ:INSM) on Monday, August 10 to “Hold” rating. The stock of Insmed Incorporated (NASDAQ:INSM) earned “Buy” rating by H.C. Wainwright on Wednesday, August 2. On Wednesday, September 6 the stock rating was maintained by Robert W. Baird with “Buy”. The firm has “Buy” rating by H.C. Wainwright given on Monday, November 6. As per Thursday, July 20, the company rating was maintained by Cowen & Co. The company was maintained on Monday, September 11 by Cowen & Co. The firm earned “Buy” rating on Friday, September 4 by Zacks. The stock of Insmed Incorporated (NASDAQ:INSM) earned “Buy” rating by H.C. Wainwright on Tuesday, October 6.

Leave a Reply

Your email address will not be published. Required fields are marked *