Friday, 1 June 2018

As Netflix (NFLX) Stock Price Rose, Weatherly Asset Management Decreased Holding by $3.43 Million; Abingworth Llp Has Lowered Cymabay (CBAY) Holding by $10.48 Million

Netflix, Inc. (NASDAQ:NFLX) Logo

Weatherly Asset Management decreased its stake in Netflix Inc (NFLX) by 10.35% based on its latest 2018Q1 regulatory filing with the SEC. Weatherly Asset Management sold 11,620 shares as the company’s stock rose 19.42% while stock markets declined. The institutional investor held 100,663 shares of the consumer services company at the end of 2018Q1, valued at $29.73M, down from 112,283 at the end of the previous reported quarter. Weatherly Asset Management who had been investing in Netflix Inc for a number of months, seems to be less bullish one the $152.84 billion market cap company. The stock decreased 0.55% or $1.94 during the last trading session, reaching $351.6. About 5.66M shares traded. Netflix, Inc. (NASDAQ:NFLX) has risen 115.45% since May 31, 2017 and is uptrending. It has outperformed by 102.88% the S&P500.

Abingworth Llp decreased its stake in Cymabay (CBAY) by 76.16% based on its latest 2018Q1 regulatory filing with the SEC. Abingworth Llp sold 873,660 shares as the company’s stock declined 22.30% with the market. The institutional investor held 273,417 shares of the major pharmaceuticals company at the end of 2018Q1, valued at $3.55M, down from 1.15 million at the end of the previous reported quarter. Abingworth Llp who had been investing in Cymabay for a number of months, seems to be less bullish one the $762.23M market cap company. The stock increased 12.98% or $1.49 during the last trading session, reaching $12.97. About 2.94M shares traded or 187.95% up from the average. CymaBay Therapeutics, Inc. (NASDAQ:CBAY) has risen 171.12% since May 31, 2017 and is uptrending. It has outperformed by 158.55% the S&P500.

Among 8 analysts covering Cymabay Therapeutics Inc (NASDAQ:CBAY), 8 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Cymabay Therapeutics Inc had 31 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, May 9 by Oppenheimer. Leerink Swann maintained CymaBay Therapeutics, Inc. (NASDAQ:CBAY) on Wednesday, March 28 with “Buy” rating. Cantor Fitzgerald initiated the stock with “Buy” rating in Tuesday, September 19 report. H.C. Wainwright maintained CymaBay Therapeutics, Inc. (NASDAQ:CBAY) on Monday, July 17 with “Buy” rating. The rating was initiated by Roth Capital on Friday, July 1 with “Buy”. The company was maintained on Wednesday, March 30 by H.C. Wainwright. The stock of CymaBay Therapeutics, Inc. (NASDAQ:CBAY) earned “Buy” rating by Oppenheimer on Wednesday, January 10. H.C. Wainwright maintained it with “Neutral” rating and $2.50 target in Wednesday, January 4 report. The stock of CymaBay Therapeutics, Inc. (NASDAQ:CBAY) earned “Buy” rating by Piper Jaffray on Wednesday, January 31. The rating was initiated by Roth Capital with “Buy” on Thursday, January 25.

Analysts await CymaBay Therapeutics, Inc. (NASDAQ:CBAY) to report earnings on August, 9. They expect $-0.23 earnings per share, up 25.81% or $0.08 from last year’s $-0.31 per share. After $-0.32 actual earnings per share reported by CymaBay Therapeutics, Inc. for the previous quarter, Wall Street now forecasts -28.13% EPS growth.

More recent CymaBay Therapeutics, Inc. (NASDAQ:CBAY) news were published by: Benzinga.com which released: “44 Stocks Moving In Thursday’s Mid-Day Session” on May 31, 2018. Also Nasdaq.com published the news titled: “CymaBay Therapeutics Announces the Initiation of a Phase 2b Study of Seladelpar in Patients with Non-Alcoholic …” on May 08, 2018. Benzinga.com‘s news article titled: “28 Stocks Moving In Thursday’s Pre-Market Session” with publication date: May 31, 2018 was also an interesting one.

More notable recent Netflix, Inc. (NASDAQ:NFLX) news were published by: Seekingalpha.com which released: “Is Netflix Uninvestable? 2 Insiders Weigh In” on May 24, 2018, also Seekingalpha.com with their article: “I Could Still Be Wrong About Netflix” published on May 16, 2018, Livetradingnews.com published: “Netflix, Inc. (NASDAQ:NFLX) Stock Overbought” on May 30, 2018. More interesting news about Netflix, Inc. (NASDAQ:NFLX) were released by: Seekingalpha.com and their article: “Best And Worst Performing Nasdaq 100 Stocks Of 2018” published on May 25, 2018 as well as Nasdaq.com‘s news article titled: “Amazon.com, Inc. Stock Is the Best FANG Stock to Own Right Now” with publication date: May 30, 2018.

Among 58 analysts covering Netflix (NASDAQ:NFLX), 39 have Buy rating, 2 Sell and 17 Hold. Therefore 67% are positive. Netflix had 262 analyst reports since August 4, 2015 according to SRatingsIntel. Nomura maintained Netflix, Inc. (NASDAQ:NFLX) rating on Monday, July 17. Nomura has “Buy” rating and $175 target. The rating was maintained by Mizuho on Wednesday, January 20 with “Neutral”. The stock of Netflix, Inc. (NASDAQ:NFLX) earned “Buy” rating by RBC Capital Markets on Thursday, June 29. The rating was maintained by Morgan Stanley with “Overweight” on Tuesday, October 18. Credit Suisse maintained it with “Neutral” rating and $127 target in Monday, April 18 report. The rating was upgraded by Vetr on Friday, August 21 to “Hold”. The stock of Netflix, Inc. (NASDAQ:NFLX) earned “Buy” rating by Bank of America on Tuesday, April 17. Canaccord Genuity maintained Netflix, Inc. (NASDAQ:NFLX) rating on Monday, October 9. Canaccord Genuity has “Buy” rating and $225.0 target. The stock has “Buy” rating by Loop Capital on Thursday, November 10. Loop Capital initiated Netflix, Inc. (NASDAQ:NFLX) rating on Wednesday, October 5. Loop Capital has “Buy” rating and $125 target.

Weatherly Asset Management, which manages about $440.23M and $421.79M US Long portfolio, upped its stake in Visa Inc (NYSE:V) by 3,951 shares to 14,768 shares, valued at $1.77 million in 2018Q1, according to the filing. It also increased its holding in At&T Inc (NYSE:T) by 14,477 shares in the quarter, for a total of 241,678 shares, and has risen its stake in Microsoft Corp (NASDAQ:MSFT).

Investors sentiment decreased to 1.23 in Q1 2018. Its down 0.08, from 1.31 in 2017Q4. It dropped, as 47 investors sold NFLX shares while 310 reduced holdings. 156 funds opened positions while 283 raised stakes. 329.43 million shares or 4.36% less from 344.43 million shares in 2017Q4 were reported. Carnegie Capital Asset Ltd Liability Corporation owns 1,148 shares for 0.03% of their portfolio. Baldwin Brothers Ma owns 0.01% invested in Netflix, Inc. (NASDAQ:NFLX) for 200 shares. Financial Advisory Ser reported 830 shares. Jfs Wealth Advisors Limited Liability reported 238 shares. Twin Tree Mgmt LP stated it has 55,870 shares. Eulav Asset Mngmt has invested 0.81% in Netflix, Inc. (NASDAQ:NFLX). Virtu Fincl Limited Liability Co owns 16,774 shares for 0.27% of their portfolio. Smith Moore reported 0.2% in Netflix, Inc. (NASDAQ:NFLX). Moreover, Factory Mutual Ins has 0.19% invested in Netflix, Inc. (NASDAQ:NFLX). Moreover, Gvo Asset Mgmt Limited has 0.15% invested in Netflix, Inc. (NASDAQ:NFLX). Retail Bank Of New York Mellon accumulated 3.81 million shares. Tarbox Family Office Inc reported 0.02% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). Perigon Wealth Limited Liability Corporation owns 0.06% invested in Netflix, Inc. (NASDAQ:NFLX) for 540 shares. Albion Group Ut holds 2,199 shares or 0.1% of its portfolio. Moreover, Capstone Inv Advisors Lc has 0% invested in Netflix, Inc. (NASDAQ:NFLX).

Netflix, Inc. (NASDAQ:NFLX) Institutional Positions Chart

The post As Netflix (NFLX) Stock Price Rose, Weatherly Asset Management Decreased Holding by $3.43 Million; Abingworth Llp Has Lowered Cymabay (CBAY) Holding by $10.48 Million appeared first on Stock Market News | HillCountryTimes | Get it Today.



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