For CELG, the company now has $5.51 Billion of cash on the books, which is offset by $1.4 Billion current liabilities. 1 of these were buys and 4 were sells. About shares traded. Celgene Corporation (NASDAQ:CELG) has risen 17.00% since November 14, 2016 and is uptrending.
Celgene Corporation (NASDAQ:CELG) last posted its quarterly earnings data on Thursday, October 26th. It has outperformed by 109.15% the S&P500. The stock was bought at an average cost of $14.00 per share, with a total value of $11,202,100.00. The insider Cue Eduardo H sold $6.92M. Shares for $575,038 were sold by VESSEY RUPERT. Insiders sold 20,227 shares of company stock worth $2,843,956 in the last quarter.
Here are a few institutional investors who have updated their positions. The biopharmaceutical company reported $1.91 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.87 by $0.04.
Analysts often look at short interest, or the number of shares now being shorted by investors, to aid in their outlook for a particular stock. 110 funds opened positions while 494 raised stakes. Bath Savings Commerce invested 4.81% of its portfolio in Apple Inc. Pathstone Family Office Limited has invested 0.6% of its portfolio in Celgene Corporation (NASDAQ:CELG). Pnc Fincl Grp holds 772,994 shares. Mcmillion Capital Management invested 5.08% in Apple Inc. CELG exchanged 3.74 million shares in recent session versus to the average volume of 6.47 million shares while its relative volume is 0.61. Patters in insider activity can help analysts formulate an outlook for a stock.
Madison Investment Holdings Inc increased Liberty Global Plc (NASDAQ:LBTYK) stake by 27,239 shares to 1.44 million valued at $44.84 million in 2017Q2. Rosenbaum Jay D, Massachusetts-based fund reported 2,000 shares. Los Angeles Capital Mgmt Equity accumulated 135,460 shares or 0.11% of the stock. Round Table Svcs Limited Liability holds 0.55% in Apple Inc. Short shares decreased 79,715 over that timeframe. Sowell Financial Services LLC increased its stake in shares of Celgene Corporation by 0.5% in the 1st quarter. Geode Cap Management Lc has 0.4% invested in Celgene Corporation (NASDAQ:CELG). Celgene Corporation had 110 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Cowen & Co with "Buy" on Tuesday, September 12. On Monday, October 23 the stock rating was initiated by Guggenheim with "Buy". Piper Jaffray maintained Apple Inc. The firm has "Buy" rating by Canaccord Genuity given on Thursday, July 27. S&P Research maintained Apple Inc. RBC Capital Markets has "Hold" rating and $10000 target. The firm has "Buy" rating given on Thursday, June 8 by Jefferies. Srouji Johny also sold $1.54M worth of Apple Inc. The stock has "Buy" rating by SunTrust on Friday, October 27.
In other Celgene Corp. news, major shareholder Corp /De/ Celgene acquired 800,150 shares of the business's stock in a transaction dated Monday, October 24th. Following the sale, the insider now directly owns 3,925 shares of the company's stock, valued at approximately $564,768.25.
Private Wealth Advsr Inc accumulated 10,768 shares or 0.6% of the stock. It is positive, as 60 investors sold CELG shares while 390 reduced holdings. Tekla Mngmt Ltd Com holds 7.01% or 1.46 million shares. Flagship Harbor Advisors LLC increased its stake in Celgene Corporation by 0.9% during the 1st quarter.
Celgene Corporation (CELG) is an interesting player in the Healthcare space, with a focus on Biotechnology. 69,457 were reported by Scotia Capital. The original version of this piece can be accessed at https://weekherald.com/2017/11/12/brokers-issue-forecasts-for-celgene-corporations-fy2017-earnings-celg.html. Tnb Financial reported 37,525 shares or 0.89% of all its holdings. Ameritas Invest Ptnrs Incorporated invested in 0.37% or 58,159 shares. Horseman Cap Mgmt Ltd holds 0.22% or 6,000 shares in its portfolio. The Kentucky Retirement Systems holds 334,229 shares with $48.14 million value, down from 336,371 last quarter. Finally, Keel Point LLC increased its stake in Celgene Corporation by 0.9% during the 1st quarter. Zwj Inv Counsel owns 220,397 shares.
Among 19 analysts covering Tesoro Corporation (NYSE:TSO), 17 have Buy rating, 0 Sell and 2 Hold. Therefore 65% are positive. Cantor Fitzgerald maintained Celgene Corporation (NASDAQ:CELG) rating on Friday, July 24. The rating was maintained by Goldman Sachs with "Buy" on Tuesday, June 13. Cantor Fitzgerald maintained the shares of CELG in report on Tuesday, August 22 with "Buy" rating. The firm has "Sector Perform" rating given on Friday, August 14 by Howard Weil. The firm earned "Buy" rating on Thursday, January 14 by Standpoint Research. Morgan Stanley downgraded Celgene Corporation from an "equal weight" rating to an "underweight" rating and set a $120.00 price target for the company.in a report on Thursday, October 5th. As per Wednesday, November 9, the company rating was downgraded by Standpoint Research. The firm has "Neutral" rating by PiperJaffray given on Monday, October 23.