Economy

The Seattle Genetics, Inc. (SGEN) Position Cut by Shell Asset Management Co

The Seattle Genetics, Inc. (SGEN) Position Cut by Shell Asset Management Co”

Seattle Genetics (SGEN) traded down 2.21% during midday trading on Friday, reaching $52.99. In the last quarter, insiders sold 141,858 shares of company stock worth $7,222,550. Facebook Inc now has $497.14 billion valuation. The stock declined 0.50% or $0.46 reaching $92.21 on the news. About 791,147 shares traded. Hasbro, Inc. (NASDAQ:HAS) has risen 19.06% since September 8, 2016 and is uptrending. It has outperformed by 10.05% the S&P500. Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in shares of Seattle Genetics in the first quarter valued at approximately $119,000.

At the end of June reporting period, 158 institutional holders increased their position in Seattle Genetics, Inc. The stock's market capitalization is $7.65 billion. The stock of Seattle Genetics, Inc. The company's stock had a trading volume of 781,083 shares.

Seattle Genetics (NASDAQ:SGEN) last announced its quarterly earnings results on Thursday, July 27th. It has outperformed by 58.98% the S&P500. Graticule Asia Macro Advisors LLC claims 134,120 shares worth $6,939,000. It also upped Tracon Pharmaceuticals Inc stake by 347,826 shares and now owns 865,526 shares. Mfa Finl Inc (NYSE:MFA) was reduced too.

Among 15 analysts covering Seattle Genetics (NASDAQ:SGEN), 6 have Buy rating, 1 Sell and 8 Hold. Therefore 40% are positive. Finally, Cowen and Company reissued a "hold" rating and set a $54.00 target price on shares of Seattle Genetics in a research report on Friday, July 28th. On Thursday, September 15 the stock rating was upgraded by Goldman Sachs to "Neutral".

"Seattle Genetics announced today that preliminary clinical data for tisotumab vedotin from a Genmab-sponsored phase I/II clinical trial, GEN701, are being featured in an oral presentation at ESMO". (NASDAQ:SGEN) on Thursday, June 8 with "Hold" rating. The company now has an average rating of "Hold" and a consensus price target of $62.29. (NASDAQ:SGEN) on Monday, September 14 with "Outperform" rating. On Wednesday, September 9 the stock rating was maintained by Macquarie Research with "Neutral". As per Tuesday, August 29, the company rating was maintained by Oppenheimer. Moreover, Great West Life Assurance Com Can has 0.01% invested in Seattle Genetics, Inc. The firm has "Buy" rating by Bank of America given on Thursday, November 5.

Since January 1, 0001, it had 0 buys, and 5 selling transactions for $3.74 million activity. 10,000 Seattle Genetics, Inc. The stock was sold at an average price of $47.89, for a total value of $85,627.32. On Wednesday, April 5 the insider SIEGALL CLAY B sold $911,111. Its up 0.20, from 1 in 2016Q3. It dropped, as 30 investors sold SGEN shares while 73 reduced holdings.

These funds have shifted positions in (SGEN). The investment managers in our partner's database now own: 135.77 million shares, down from 137.16 million shares in 2016Q3. Hillsdale Investment Mngmt Inc reported 81,640 shares.

SGEN has been the subject of several other research reports. Finally, Meeder Asset Management Inc. grew its holdings in Seattle Genetics by 1,580.9% during the 2nd quarter. (NASDAQ:SGEN) for 23,731 shares. After this sale, 76,868 common shares of SGEN are directly owned by the insider, with total stake valued at $4,165,477. Blackrock Fund Advisors invested 0.03% in Seattle Genetics, Inc. Daiwa Secs Gp stated it has 0% in Seattle Genetics, Inc.

Investors sentiment decreased to 1.23 in Q4 2016. (NASDAQ:SGEN). Sei Invs Co holds 0.01% or 31,247 shares. Texas Permanent School Fund owns 16,582 shares. Gulf Interest Fincl Bank (Uk) Limited reported 30,800 shares. Nomura Asset Management reported 10,800 shares. American Intl Incorporated holds 0% of its portfolio in Seattle Genetics, Inc. (NASDAQ:SGEN) for 2,272 shares.

Gruss & Co Inc holds 6.28% of its portfolio in W.P. Carey Inc. (NASDAQ:SGEN) for 858 shares.

Among 18 analysts covering Hasbro Inc. ValuEngine raised Seattle Genetics from a "sell" rating to a "hold" rating in a research report on Friday, September 1st. Therefore 100% are positive. FutureFuel had 3 analyst reports since October 2, 2015 according to SRatingsIntel. (NASDAQ:SGEN) has "Overweight" rating given on Wednesday, July 27 by Barclays Capital. Four research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company's stock. Mizuho maintained it with "Buy" rating and $140 target in Thursday, April 28 report. Jefferies has "Buy" rating and $12500 target. The firm has "Buy" rating by Monness Crespi & Hardt given on Tuesday, October 20. The stock of Hasbro, Inc.

Northern Trust Corp decreased Dollar Tree Inc (NASDAQ:DLTR) stake by 185,766 shares to 2.60 million valued at $200.56M in 2016Q4. Pensionfund Dsm Netherlands reported 0.45% in Hasbro, Inc. Pinebridge LP has invested 0% in FutureFuel Corp. Parametric Associates Ltd Company holds 89,456 shares. Rafferty Asset Ltd Liability Corp has 12,450 shares for 0.04% of their portfolio. Lagoda Investment Management, L.p. now owns 398,529 shares worth $20,620,000. 21,000 were reported by Cincinnati Indemnity Communication. Brown Brothers Harriman & holds 0% or 500 shares. Susquehanna Interest Group Llp invested in 0% or 32,232 shares. State Of Tennessee Treasury Department, Tennessee-based fund reported 96,226 shares. Reynders Mcveigh Management Limited Liability owns 7,760 shares for 0.06% of their portfolio. Hutchin Hill Limited Partnership invested in 56,000 shares.

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