Market News

Edgewood Management Raised Its Position in Facebook (FB) as Shares Declined; Nektar Therapeutics (NKTR) Holder Opus Point Partners Management Has Trimmed Holding by $723,222

Facebook, Inc. (NASDAQ:FB) Logo

Opus Point Partners Management Llc decreased its stake in Nektar Therapeutics (NKTR) by 11.75% based on its latest 2017Q4 regulatory filing with the SEC. Opus Point Partners Management Llc sold 12,258 shares as the company’s stock rose 80.22% while stock markets declined. The institutional investor held 92,070 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $5.50 million, down from 104,328 at the end of the previous reported quarter. Opus Point Partners Management Llc who had been investing in Nektar Therapeutics for a number of months, seems to be less bullish one the $13.55B market cap company. The stock increased 1.94% or $1.6 during the last trading session, reaching $84.19. About 1.63M shares traded. Nektar Therapeutics (NASDAQ:NKTR) has risen 347.01% since April 26, 2017 and is uptrending. It has outperformed by 335.46% the S&P500.

Edgewood Management Llc increased its stake in Facebook Inc (FB) by 1.94% based on its latest 2017Q4 regulatory filing with the SEC. Edgewood Management Llc bought 139,831 shares as the company’s stock declined 14.10% with the market. The institutional investor held 7.36M shares of the technology company at the end of 2017Q4, valued at $1.30 billion, up from 7.22 million at the end of the previous reported quarter. Edgewood Management Llc who had been investing in Facebook Inc for a number of months, seems to be bullish on the $504.95 billion market cap company. The stock increased 9.06% or $14.47 during the last trading session, reaching $174.16. About 73.90M shares traded or 105.45% up from the average. Facebook, Inc. (NASDAQ:FB) has risen 8.48% since April 26, 2017 and is uptrending. It has underperformed by 3.07% the S&P500.

Investors sentiment increased to 1.21 in 2017 Q4. Its up 0.06, from 1.15 in 2017Q3. It increased, as 57 investors sold FB shares while 621 reduced holdings. 147 funds opened positions while 670 raised stakes. 1.61 billion shares or 1.26% less from 1.63 billion shares in 2017Q3 were reported. Gulf Bank (Uk) Limited holds 1.68% or 748,387 shares in its portfolio. Moreover, Oakbrook Invests Limited Liability has 1.25% invested in Facebook, Inc. (NASDAQ:FB). Teachers Retirement Sys Of The State Of Kentucky stated it has 678,020 shares or 1.41% of all its holdings. Cwm Lc holds 0.03% in Facebook, Inc. (NASDAQ:FB) or 4,420 shares. Wms Ptnrs Lc stated it has 5,450 shares or 0.11% of all its holdings. Pictet & Cie (Europe) Sa owns 136,238 shares. Northeast Investment reported 3.12% of its portfolio in Facebook, Inc. (NASDAQ:FB). Jag Capital Ltd Liability Corp invested in 3.29% or 99,487 shares. Texas Yale holds 0.07% or 4,670 shares. Moreover, Bancorporation Of Hawaii has 0.4% invested in Facebook, Inc. (NASDAQ:FB). Peoples Financial Corporation holds 410 shares. Fiduciary Trust holds 0.1% or 19,666 shares in its portfolio. Empirical Financial Ltd Llc owns 3,187 shares. Marietta Prtnrs Ltd owns 67,472 shares for 3.39% of their portfolio. Moreover, Evercore Wealth Mgmt Ltd Liability has 0.15% invested in Facebook, Inc. (NASDAQ:FB).

Since December 7, 2017, it had 0 buys, and 42 sales for $1.47 billion activity. FISCHER DAVID B. sold $3.29 million worth of stock or 17,830 shares. On Tuesday, March 13 Schroepfer Michael Todd sold $6.94M worth of Facebook, Inc. (NASDAQ:FB) or 38,024 shares. Sandberg Sheryl sold $9.18 million worth of stock. Wehner David M. sold $2.66 million worth of stock. $2.83M worth of Facebook, Inc. (NASDAQ:FB) was sold by Cox Christopher K. Koum Jan also sold $221.33 million worth of Facebook, Inc. (NASDAQ:FB) on Thursday, February 15.

Among 55 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 3 Hold. Therefore 91% are positive. Facebook had 254 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Overweight” rating on Thursday, November 5 by Morgan Stanley. Robert W. Baird maintained it with “Outperform” rating and $110 target in Thursday, July 30 report. The firm has “Buy” rating given on Thursday, April 28 by Jefferies. Deutsche Bank maintained the stock with “Buy” rating in Monday, January 29 report. The firm has “Outperform” rating given on Thursday, November 2 by Oppenheimer. As per Friday, September 23, the company rating was initiated by Loop Capital. Pivotal Research downgraded the shares of FB in report on Monday, July 31 to “Sell” rating. The firm has “Buy” rating given on Tuesday, October 3 by KeyBanc Capital Markets. The firm earned “Buy” rating on Tuesday, January 16 by Robert W. Baird. The company was maintained on Thursday, January 4 by Cowen & Co.

Edgewood Management Llc, which manages about $9.25B and $22.97 billion US Long portfolio, decreased its stake in Cme Group Inc (NASDAQ:CME) by 310,280 shares to 7.37M shares, valued at $1.08B in 2017Q4, according to the filing. It also reduced its holding in Apple Inc (NASDAQ:AAPL) by 3,113 shares in the quarter, leaving it with 166,229 shares, and cut its stake in Netflix Inc (NASDAQ:NFLX).

Since December 13, 2017, it had 0 insider buys, and 18 sales for $68.39 million activity. Thomsen Jillian B. had sold 13,881 shares worth $1.41M. Hora Maninder sold $3.03M worth of Nektar Therapeutics (NASDAQ:NKTR) on Thursday, April 5. Shares for $1.76M were sold by KUEBLER CHRISTOPHER A. ROBIN HOWARD W had sold 83,333 shares worth $4.64 million on Wednesday, December 13. The insider Lingnau Lutz sold 30,000 shares worth $3.05 million. The insider Labrucherie Gil M sold 3,477 shares worth $288,382.

Investors sentiment decreased to 1.19 in Q4 2017. Its down 0.21, from 1.4 in 2017Q3. It worsened, as 18 investors sold NKTR shares while 82 reduced holdings. 65 funds opened positions while 54 raised stakes. 150.36 million shares or 1.08% more from 148.76 million shares in 2017Q3 were reported. Leisure Cap Management invested in 9,582 shares or 0.48% of the stock. Moreover, Arizona State Retirement System has 0.15% invested in Nektar Therapeutics (NASDAQ:NKTR). Kornitzer Capital Inc Ks has 0.07% invested in Nektar Therapeutics (NASDAQ:NKTR) for 68,560 shares. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 8,982 shares. Ny State Common Retirement Fund reported 169,785 shares. Pittenger And Anderson Inc holds 0% in Nektar Therapeutics (NASDAQ:NKTR) or 300 shares. D E Shaw And stated it has 0% in Nektar Therapeutics (NASDAQ:NKTR). Hanson Mcclain has 755 shares for 0% of their portfolio. Mark Sheptoff Financial Planning Limited Liability Corporation owns 6,100 shares. Wellington Management Group Incorporated Limited Liability Partnership has 2.02M shares for 0.03% of their portfolio. Neuberger Berman Grp Inc Ltd Liability Corporation invested in 0.02% or 263,000 shares. Ameritas Investment Partners Inc holds 12,690 shares or 0.03% of its portfolio. Advisory Rech holds 36,507 shares. Sabby Management Limited Liability invested in 0.11% or 20,000 shares. Profund Limited has invested 0.19% of its portfolio in Nektar Therapeutics (NASDAQ:NKTR).

Facebook, Inc. (NASDAQ:FB) Institutional Positions Chart

Leave a Reply

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