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International Business Machs Com (IBM) Holder Baystate Wealth Management Lowered Holding; As Sage Therapeutics (Put) (SAGE) Stock Rose, Ghost Tree Capital Has Boosted Holding by $6.20 Million

Baystate Wealth Management Llc decreased its stake in International Business Machs Com (IBM) by 33.97% based on its latest 2017Q3 regulatory filing with the SEC. Baystate Wealth Management Llc sold 2,449 shares as the company’s stock declined 15.88% while stock markets rallied. The institutional investor held 4,761 shares of the computer manufacturing company at the end of 2017Q3, valued at $702,000, down from 7,210 at the end of the previous reported quarter. Baystate Wealth Management Llc who had been investing in International Business Machs Com for a number of months, seems to be less bullish one the $143.98B market cap company. The stock increased 1.53% or $2.34 during the last trading session, reaching $155.52. About 3.21M shares traded. International Business Machines Corporation (NYSE:IBM) has risen 4.86% since February 23, 2017 and is uptrending. It has underperformed by 11.84% the S&P500.

Ken Greenberg increased its stake in Sage Therapeutics Inc (Put) (SAGE) by 200% based on its latest 2017Q3 regulatory filing with the SEC. Ghost Tree Capital Llc bought 100,000 shares as the company’s stock rose 0.86% with the market. The hedge fund run by Ken Greenberg held 150,000 shares of the health care company at the end of 2017Q3, valued at $9.35 million, up from 50,000 at the end of the previous reported quarter. Ghost Tree Capital Llc who had been investing in Sage Therapeutics Inc (Put) for a number of months, seems to be bullish on the $7.47B market cap company. The stock increased 5.63% or $8.75 during the last trading session, reaching $164.15. About 565,050 shares traded. Sage Therapeutics, Inc. (NASDAQ:SAGE) has risen 116.45% since February 23, 2017 and is uptrending. It has outperformed by 99.75% the S&P500.

Since December 14, 2017, it had 0 buys, and 2 insider sales for $17.36 million activity. Robichaud Albert sold 60,000 shares worth $9.57 million.

Ghost Tree Capital Llc, which manages about $470.91 million US Long portfolio, decreased its stake in Avexis Inc by 85,461 shares to 104,539 shares, valued at $10.11 million in 2017Q3, according to the filing. It also reduced its holding in Nuvasive Inc (NASDAQ:NUVA) by 70,000 shares in the quarter, leaving it with 30,000 shares, and cut its stake in Insmed Inc (Call) (NASDAQ:INSM).

Among 17 analysts covering SAGE Therapeutics (NASDAQ:SAGE), 15 have Buy rating, 0 Sell and 2 Hold. Therefore 88% are positive. SAGE Therapeutics had 52 analyst reports since September 3, 2015 according to SRatingsIntel. Chardan Capital Markets initiated it with “Sell” rating and $18 target in Tuesday, May 24 report. BMO Capital Markets maintained the shares of SAGE in report on Thursday, August 3 with “Buy” rating. The stock of Sage Therapeutics, Inc. (NASDAQ:SAGE) earned “Buy” rating by Bank of America on Thursday, November 16. On Thursday, December 7 the stock rating was upgraded by Chardan Capital Markets to “Buy”. The rating was initiated by Stifel Nicolaus on Monday, November 14 with “Buy”. JP Morgan maintained the stock with “Buy” rating in Thursday, September 3 report. SunTrust maintained Sage Therapeutics, Inc. (NASDAQ:SAGE) on Thursday, October 19 with “Buy” rating. BMO Capital Markets maintained the stock with “Outperform” rating in Thursday, September 14 report. The stock of Sage Therapeutics, Inc. (NASDAQ:SAGE) earned “Buy” rating by SunTrust on Thursday, December 7. The company was maintained on Friday, August 4 by Canaccord Genuity.

Investors sentiment increased to 1.21 in Q3 2017. Its up 0.23, from 0.98 in 2017Q2. It increased, as 33 investors sold SAGE shares while 43 reduced holdings. 28 funds opened positions while 64 raised stakes. 38.55 million shares or 3.62% more from 37.20 million shares in 2017Q2 were reported. Ameriprise Fin Inc reported 0% stake. Cubist Systematic Strategies Limited Liability owns 1,052 shares or 0% of their US portfolio. 181,128 were accumulated by Amundi Pioneer Asset. Ameritas Prtnrs holds 0.01% or 3,034 shares in its portfolio. New Leaf Venture Ptnrs Limited Liability Corporation accumulated 1.3% or 44,872 shares. Mirae Asset Invests Limited holds 0% or 4,312 shares in its portfolio. Emerald Mutual Fund Advisers accumulated 62,708 shares. Ahl Llp stated it has 7,106 shares. Meeder Asset Management Inc holds 0% of its portfolio in Sage Therapeutics, Inc. (NASDAQ:SAGE) for 16 shares. Citadel Ltd Company accumulated 108,200 shares or 0.01% of the stock. Great Point Ptnrs Ltd, Connecticut-based fund reported 109,500 shares. State Of Wisconsin Board holds 33,334 shares. Swiss Bankshares stated it has 53,300 shares. Emerald Advisers Pa has 0.19% invested in Sage Therapeutics, Inc. (NASDAQ:SAGE). Dupont Cap Corp has invested 0.02% in Sage Therapeutics, Inc. (NASDAQ:SAGE).

Investors sentiment increased to 0.74 in Q3 2017. Its up 0.02, from 0.72 in 2017Q2. It increased, as 70 investors sold IBM shares while 676 reduced holdings. 100 funds opened positions while 451 raised stakes. 519.10 million shares or 2.22% less from 530.91 million shares in 2017Q2 were reported. Genesee Valley holds 0.28% or 4,726 shares. Mu Investments Co Limited invested in 240 shares or 0.03% of the stock. Cognios Capital Ltd Liability holds 0.26% or 4,406 shares. Bkd Wealth Advisors Limited Liability Corp has 0.2% invested in International Business Machines Corporation (NYSE:IBM). Bennicas & Assocs Inc reported 0.33% in International Business Machines Corporation (NYSE:IBM). Baystate Wealth Mgmt Limited Liability Company has invested 0.12% of its portfolio in International Business Machines Corporation (NYSE:IBM). Franklin Street Advisors Inc Nc reported 41,641 shares or 0.99% of all its holdings. Verus, a Virginia-based fund reported 2,824 shares. Atlas Browninc reported 11,458 shares. 613 were reported by Pittenger Anderson. Brown Brothers Harriman holds 0.1% or 129,707 shares. Main Street Ltd Liability Corporation owns 2,039 shares. Argyle Cap Management Inc has 1.51% invested in International Business Machines Corporation (NYSE:IBM) for 26,530 shares. Savant Capital Limited Liability invested in 0.28% or 8,712 shares. The California-based Stewart & Patten Ltd Liability has invested 2.11% in International Business Machines Corporation (NYSE:IBM).

Analysts await International Business Machines Corporation (NYSE:IBM) to report earnings on April, 17. They expect $2.37 EPS, down 0.42% or $0.01 from last year’s $2.38 per share. IBM’s profit will be $2.19B for 16.41 P/E if the $2.37 EPS becomes a reality. After $5.18 actual EPS reported by International Business Machines Corporation for the previous quarter, Wall Street now forecasts -54.25% negative EPS growth.

Baystate Wealth Management Llc, which manages about $529.70M and $600.45M US Long portfolio, upped its stake in Ishares Russell Top 200 Growth Etf (IWY) by 42,705 shares to 972,253 shares, valued at $66.80M in 2017Q3, according to the filing. It also increased its holding in Apple Inc Com (NASDAQ:AAPL) by 8,776 shares in the quarter, for a total of 19,171 shares, and has risen its stake in Iq Hedge Multi (QAI).

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