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NuVasive, Inc. (NUVA) Analysts See $0.45 EPS; Redwood Investments Cut Western Digital (WDC) Stake

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Analysts expect NuVasive, Inc. (NASDAQ:NUVA) to report $0.45 EPS on May, 1 after the close.They anticipate $0.07 EPS change or 18.42% from last quarter’s $0.38 EPS. NUVA’s profit would be $23.07M giving it 30.51 P/E if the $0.45 EPS is correct. After having $0.56 EPS previously, NuVasive, Inc.’s analysts see -19.64% EPS growth. The stock decreased 0.16% or $0.09 during the last trading session, reaching $54.92. About 492,161 shares traded. NuVasive, Inc. (NASDAQ:NUVA) has declined 32.39% since April 17, 2017 and is downtrending. It has underperformed by 43.94% the S&P500.

Redwood Investments Llc decreased Western Digital Corp (WDC) stake by 91.24% reported in 2017Q4 SEC filing. Redwood Investments Llc sold 64,489 shares as Western Digital Corp (WDC)’s stock rose 14.25%. The Redwood Investments Llc holds 6,191 shares with $492,000 value, down from 70,680 last quarter. Western Digital Corp now has $26.94 billion valuation. The stock increased 0.66% or $0.59 during the last trading session, reaching $90.52. About 2.38 million shares traded. Western Digital Corporation (NASDAQ:WDC) has risen 17.32% since April 17, 2017 and is uptrending. It has outperformed by 5.77% the S&P500.

Since March 1, 2018, it had 2 insider purchases, and 0 insider sales for $593,220 activity. LUCIER GREGORY T also bought $301,800 worth of NuVasive, Inc. (NASDAQ:NUVA) on Tuesday, March 6.

Investors sentiment decreased to 0.91 in 2017 Q4. Its down 0.04, from 0.95 in 2017Q3. It is negative, as 39 investors sold NuVasive, Inc. shares while 78 reduced holdings. 37 funds opened positions while 70 raised stakes. 51.31 million shares or 4.77% less from 53.88 million shares in 2017Q3 were reported. Cubist Systematic Strategies Limited Liability Company reported 6,523 shares. Delta Asset Ltd Co Tn holds 0% of its portfolio in NuVasive, Inc. (NASDAQ:NUVA) for 124 shares. C Worldwide Gru Holdings A S holds 0.08% in NuVasive, Inc. (NASDAQ:NUVA) or 92,444 shares. Moreover, Barclays Public Ltd Llc has 0% invested in NuVasive, Inc. (NASDAQ:NUVA) for 55,727 shares. Stifel Finance Corp holds 238,226 shares or 0.04% of its portfolio. Campbell Newman Asset Mngmt Inc invested in 0.05% or 5,082 shares. 326,452 are owned by Macquarie Grp Limited. Us State Bank De has 1,257 shares for 0% of their portfolio. Riverhead Cap Limited Co invested in 5,487 shares or 0.01% of the stock. Natl Bank Of America De owns 796,887 shares for 0.01% of their portfolio. Citigroup has invested 0% in NuVasive, Inc. (NASDAQ:NUVA). First Mercantile Tru accumulated 1,040 shares or 0.01% of the stock. Hsbc Public Ltd Llc owns 87,129 shares for 0.01% of their portfolio. Moreover, Nordea Invest Mngmt Ab has 0% invested in NuVasive, Inc. (NASDAQ:NUVA). Natixis, France-based fund reported 4,127 shares.

NuVasive, Inc., a medical device company, develops and markets minimally-disruptive surgical products and procedurally-integrated solutions for spine surgery. The company has market cap of $2.82 billion. The Company’s products focus on applications for spine fusion surgery, including biologics used for spinal fusion process. It has a 36.61 P/E ratio. The companyÂ’s principal product is Maximum Access Surgery, a minimally-disruptive surgical platform, which includes its software-driven nerve detection and avoidance systems, NVM5, and intraoperative monitoring services and support; MaXcess, an integrated split-blade retractor system; and various specialized implants and biologics.

Among 23 analysts covering Nuvasive Inc. (NASDAQ:NUVA), 17 have Buy rating, 0 Sell and 6 Hold. Therefore 74% are positive. Nuvasive Inc. had 73 analyst reports since July 29, 2015 according to SRatingsIntel. As per Tuesday, February 27, the company rating was maintained by Cowen & Co. The firm has “Equal-Weight” rating given on Monday, September 14 by Morgan Stanley. The rating was maintained by BMO Capital Markets with “Buy” on Thursday, August 31. The stock of NuVasive, Inc. (NASDAQ:NUVA) has “Buy” rating given on Tuesday, October 3 by Jefferies. The firm has “Buy” rating given on Wednesday, July 27 by Jefferies. The firm earned “Buy” rating on Wednesday, September 20 by Leerink Swann. Leerink Swann maintained the shares of NUVA in report on Tuesday, February 27 with “Market Perform” rating. The stock of NuVasive, Inc. (NASDAQ:NUVA) has “Neutral” rating given on Thursday, October 12 by Robert W. Baird. The stock of NuVasive, Inc. (NASDAQ:NUVA) has “Buy” rating given on Friday, July 28 by Jefferies. The rating was maintained by Needham with “Sell” on Thursday, October 5.

Analysts await Western Digital Corporation (NASDAQ:WDC) to report earnings on April, 26 after the close. They expect $2.97 EPS, up 43.48% or $0.90 from last year’s $2.07 per share. WDC’s profit will be $883.75 million for 7.62 P/E if the $2.97 EPS becomes a reality. After $3.62 actual EPS reported by Western Digital Corporation for the previous quarter, Wall Street now forecasts -17.96% negative EPS growth.

Among 36 analysts covering Western Digital (NASDAQ:WDC), 25 have Buy rating, 1 Sell and 10 Hold. Therefore 69% are positive. Western Digital had 164 analyst reports since July 23, 2015 according to SRatingsIntel. The stock has “Buy” rating by Wells Fargo on Tuesday, November 14. The rating was maintained by RBC Capital Markets with “Buy” on Tuesday, September 5. The stock of Western Digital Corporation (NASDAQ:WDC) has “Buy” rating given on Sunday, August 6 by Stifel Nicolaus. The stock has “Hold” rating by Summit Redstone Partners on Friday, January 26. BMO Capital Markets downgraded the shares of WDC in report on Thursday, January 4 to “Hold” rating. The rating was maintained by Brean Capital on Thursday, April 28 with “Buy”. The firm has “Neutral” rating given on Friday, April 29 by Robert W. Baird. The company was maintained on Friday, February 23 by Stifel Nicolaus. The stock has “Equal-Weight” rating by Morgan Stanley on Monday, November 27. As per Wednesday, May 31, the company rating was maintained by RBC Capital Markets.

Since January 29, 2018, it had 0 insider purchases, and 11 sales for $24.09 million activity. The insider MILLIGAN STEPHEN D sold 16,511 shares worth $1.39 million. $942,109 worth of stock was sold by Sivaram Srinivasan on Friday, February 16. Another trade for 1,208 shares valued at $106,944 was sold by RAY MICHAEL CHARLES. LONG MARK P also sold $376,037 worth of Western Digital Corporation (NASDAQ:WDC) on Monday, February 5.

Investors sentiment decreased to 1.07 in 2017 Q4. Its down 0.05, from 1.12 in 2017Q3. It worsened, as 68 investors sold WDC shares while 219 reduced holdings. 82 funds opened positions while 224 raised stakes. 243.21 million shares or 1.21% more from 240.32 million shares in 2017Q3 were reported. Capital Fund Mngmt reported 0.27% stake. Moreover, Laurion Lp has 0.02% invested in Western Digital Corporation (NASDAQ:WDC). Aviva Public Ltd Company reported 181,535 shares or 0.08% of all its holdings. Secor Capital Advsr Limited Partnership holds 0.1% or 31,944 shares. Voya Investment Management Ltd Company invested in 0.05% or 319,043 shares. The Texas-based Smith Graham & Co Invest Advisors Lp has invested 0.75% in Western Digital Corporation (NASDAQ:WDC). Reliance Tru Of Delaware invested 0.16% in Western Digital Corporation (NASDAQ:WDC). Moreover, Atria Investments Limited Liability has 0.04% invested in Western Digital Corporation (NASDAQ:WDC). Motco owns 61 shares. Glg Ltd Limited Liability Company holds 14,568 shares or 0.08% of its portfolio. Raymond James Services Advsr holds 0.02% or 46,029 shares. Highbridge Cap Mngmt Ltd Liability Corporation invested in 0.27% or 188,365 shares. Brown Advisory Inc accumulated 19,173 shares. Lpl Fin Limited Liability invested 0.02% in Western Digital Corporation (NASDAQ:WDC). Moreover, C M Bidwell And Assoc Ltd has 0.03% invested in Western Digital Corporation (NASDAQ:WDC).

Redwood Investments Llc increased Boston Scientific Corp (NYSE:BSX) stake by 15,832 shares to 274,952 valued at $6.82M in 2017Q4. It also upped Puma Biotechnology Inc (NYSE:PBYI) stake by 112,653 shares and now owns 179,595 shares. Ameris Bancorp (NASDAQ:ABCB) was raised too.

NuVasive, Inc. (NASDAQ:NUVA) Institutional Positions Chart

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