As Alibaba Group Holding (BABA) Shares Rose, Shareholder Dsm Capital Partners Raised Its Holding; Exact Sciences (EXAS) Shareholder Skylands Capital Has Decreased Its Position by $528,600

June 23, 2018 - By Hazel Jackson

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Charles Paquelet decreased its stake in Exact Sciences Corp (EXAS) by 16.01% based on its latest 2018Q1 regulatory filing with the SEC. Skylands Capital Llc sold 13,215 shares as the company’s stock rose 21.76% while stock markets declined. The hedge fund run by Charles Paquelet held 69,350 shares of the commercial physical & biological resarch company at the end of 2018Q1, valued at $2.80 million, down from 82,565 at the end of the previous reported quarter. Skylands Capital Llc who had been investing in Exact Sciences Corp for a number of months, seems to be less bullish one the $8.09 billion market cap company. The stock decreased 3.62% or $2.49 during the last trading session, reaching $66.33. About 3.78M shares traded or 55.49% up from the average. Exact Sciences Corporation (NASDAQ:EXAS) has risen 56.13% since June 23, 2017 and is uptrending. It has outperformed by 43.56% the S&P500. Some Historical EXAS News: 14/05/2018 – Exact Sciences at Bank of America Conference Tomorrow; 03/04/2018 – ColoGuard to Provide Industry City Tenants with Ready Access to More Than 30 Networks; 20/03/2018 – EXACT SCIENCES CORP – STENHOUSE, VICE PRESIDENT, U.S. IMMUNOLOGY AT ABBVIE, WILL ASSUME NEW POSITION ON APRIL 2, 2018; 06/03/2018 Mayo Clinic’s Dr. Paul Limburg to join Exact Sciences medical leadership; 21/05/2018 – Exact Sciences Presenting at UBS Conference Tomorrow; 26/04/2018 – EXACT SCIENCES CORP EXAS.O SEES FY 2018 REVENUE $420 MLN TO $430 MLN; 17/04/2018 – Exact Sciences Closes Above 200-Day Moving Average: Technicals; 16/03/2018 – Exact Sciences Corp: We admit to being early. But the science won’t be held back; 06/03/2018 – Detailed Research: Economic Perspectives on Exact Sciences, KapStone Paper and Packaging, Spirit Realty Capital, KLA-Tencor, Ne; 02/05/2018 – Exact Sciences: A Big Opportunity? — Barrons.com

Dsm Capital Partners Llc increased its stake in Alibaba Group Holding (BABA) by 0.28% based on its latest 2018Q1 regulatory filing with the SEC. Dsm Capital Partners Llc bought 11,218 shares as the company’s stock rose 2.58% while stock markets declined. The hedge fund held 3.97M shares of the business services company at the end of 2018Q1, valued at $729.44M, up from 3.96 million at the end of the previous reported quarter. Dsm Capital Partners Llc who had been investing in Alibaba Group Holding for a number of months, seems to be bullish on the $519.06 billion market cap company. The stock decreased 0.10% or $0.2 during the last trading session, reaching $202.01. About 9.62 million shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 61.13% since June 23, 2017 and is uptrending. It has outperformed by 48.56% the S&P500. Some Historical BABA News: 03/05/2018 – 3 Charts to Know: Will Alibaba Earnings Show Profit Fall? (Video); 02/04/2018 – Alibaba buys out Chinese food delivery app; 02/04/2018 – Alibaba bets billions on China’s top food delivery app; 10/04/2018 – Alibaba’s Jack Ma urges Trump and Xi to back away from trade war; 12/04/2018 – U.S. Spatial-Analytics Firm Esri, Alibaba Cloud Entered Into Collaborative Agreement; 30/05/2018 – Hexindai Announces Appointment of Chief Marketing Officer; 04/04/2018 – Tencent vs. Alibaba: Battle extends to bikes and food delivery; 29/05/2018 – In recent years, China’s tech industry has boomed, with champions like the e-commerce titan Alibaba and Tencent , the social media-to-gaming leader, making waves on the global stage; 09/04/2018 – Yahoo! Finance: China’s SenseTime valued at $4.5 billion after $600 million funding led by Alibaba; 05/04/2018 – In a drastic move, US retailer refuses Alibaba’s mobile payments at nearly 90 stores in China

More notable recent Alibaba Group Holding Limited (NYSE:BABA) news were published by: Seekingalpha.com which released: “Alibaba Knows No Boundaries” on June 01, 2018, also Livetradingnews.com with their article: “Alibaba Group Holding Limited (NYSE:BABA) Given News Sentiment Score of 0.35” published on June 18, 2018, Nasdaq.com published: “Should You Invest in Emerging Market ETFs Right Now?” on June 22, 2018. More interesting news about Alibaba Group Holding Limited (NYSE:BABA) were released by: Finance.Yahoo.com and their article: “Stick With Alibaba Stock – Despite Recent Choppiness” published on June 22, 2018 as well as Finance.Yahoo.com‘s news article titled: “3 Reasons Why Alibaba Group Holding Ltd Stock Can Keep Going” with publication date: June 19, 2018.

Dsm Capital Partners Llc, which manages about $5.78B and $7.25B US Long portfolio, decreased its stake in Ameriprise Financial (NYSE:AMP) by 25,798 shares to 10,470 shares, valued at $1.55 million in 2018Q1, according to the filing. It also reduced its holding in Starbucks (NASDAQ:SBUX) by 1.62 million shares in the quarter, leaving it with 1,430 shares, and cut its stake in Dollar Tree (NASDAQ:DLTR).

Among 39 analysts covering Alibaba (NYSE:BABA), 37 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 183 analyst reports since August 12, 2015 according to SRatingsIntel. The firm earned “Overweight” rating on Wednesday, August 31 by JP Morgan. Barclays Capital maintained Alibaba Group Holding Limited (NYSE:BABA) on Monday, August 21 with “Overweight” rating. The firm earned “Buy” rating on Thursday, June 22 by Robert W. Baird. The rating was maintained by Wedbush on Wednesday, January 25 with “Neutral”. The rating was initiated by Needham with “Buy” on Friday, April 15. As per Friday, February 2, the company rating was maintained by KeyBanc Capital Markets. The rating was maintained by Robert W. Baird with “Buy” on Thursday, February 1. As per Tuesday, June 27, the company rating was maintained by JP Morgan. The company was maintained on Wednesday, September 9 by Cantor Fitzgerald. The firm has “Buy” rating by Brean Capital given on Thursday, November 3.

Since January 2, 2018, it had 0 buys, and 21 insider sales for $25.11 million activity. 2,122 shares were sold by COWARD D SCOTT, worth $85,124 on Saturday, March 31. 7,402 shares were sold by WYZGA MICHAEL S, worth $381,447 on Thursday, May 10. LIDGARD GRAHAM PETER also sold $1.50M worth of Exact Sciences Corporation (NASDAQ:EXAS) on Monday, February 26. The insider Elliott Jeffrey Thomas sold 2,982 shares worth $126,252. On Monday, February 26 the insider ARORA MANEESH sold $243,068. Zanotti Katherine S sold $325,440 worth of stock.

Skylands Capital Llc, which manages about $986.41 million and $758.55 million US Long portfolio, upped its stake in Celgene Corp (NASDAQ:CELG) by 14,340 shares to 94,750 shares, valued at $8.45 million in 2018Q1, according to the filing. It also increased its holding in Alliance Data Systems Corp (NYSE:ADS) by 5,415 shares in the quarter, for a total of 20,340 shares, and has risen its stake in Dsw Inc (NYSE:DSW).

Analysts await Exact Sciences Corporation (NASDAQ:EXAS) to report earnings on July, 24. They expect $-0.33 EPS, down 22.22% or $0.06 from last year’s $-0.27 per share. After $-0.33 actual EPS reported by Exact Sciences Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 18 analysts covering EXACT Sciences (NASDAQ:EXAS), 11 have Buy rating, 1 Sell and 6 Hold. Therefore 61% are positive. EXACT Sciences had 80 analyst reports since July 24, 2015 according to SRatingsIntel. TH Capital maintained Exact Sciences Corporation (NASDAQ:EXAS) on Friday, October 30 with “Buy” rating. Roth Capital maintained the stock with “Buy” rating in Friday, October 30 report. As per Wednesday, February 22, the company rating was upgraded by TH Capital. The stock has “Buy” rating by Canaccord Genuity on Thursday, May 31. The stock has “Buy” rating by Benchmark on Wednesday, January 17. The rating was maintained by Benchmark with “Buy” on Tuesday, October 31. On Wednesday, May 31 the stock rating was maintained by Roth Capital with “Buy”. The firm has “Buy” rating given on Wednesday, December 20 by Cowen & Co. The company was maintained on Thursday, October 19 by Bank of America. The firm earned “Buy” rating on Wednesday, October 7 by Canaccord Genuity.

Investors sentiment increased to 1.15 in Q1 2018. Its up 0.27, from 0.88 in 2017Q4. It increased, as 43 investors sold EXAS shares while 80 reduced holdings. 54 funds opened positions while 88 raised stakes. 101.92 million shares or 10.20% more from 92.48 million shares in 2017Q4 were reported. Axiom Invsts Ltd Liability De owns 37,310 shares. Creative Planning holds 0.01% or 73,632 shares. Kornitzer Inc Ks holds 0.16% in Exact Sciences Corporation (NASDAQ:EXAS) or 226,035 shares. Hsbc Plc reported 0% in Exact Sciences Corporation (NASDAQ:EXAS). Victory Cap Mgmt has 0.15% invested in Exact Sciences Corporation (NASDAQ:EXAS). Invesco Ltd holds 0.01% or 943,080 shares. The France-based Axa has invested 0.02% in Exact Sciences Corporation (NASDAQ:EXAS). Credit Suisse Ag has invested 0.03% in Exact Sciences Corporation (NASDAQ:EXAS). Lord Abbett Limited Liability Corporation has invested 0.03% in Exact Sciences Corporation (NASDAQ:EXAS). Advisory Service owns 5,000 shares or 0.06% of their US portfolio. Twin Tree Mngmt Lp holds 20,910 shares. Los Angeles Cap Equity Research invested in 0.02% or 79,182 shares. Nomura owns 8,100 shares. Eulav Asset Management holds 0.4% of its portfolio in Exact Sciences Corporation (NASDAQ:EXAS) for 206,000 shares. Moreover, Private Advisor Group Ltd has 0.01% invested in Exact Sciences Corporation (NASDAQ:EXAS).

More recent Exact Sciences Corporation (NASDAQ:EXAS) news were published by: Seekingalpha.com which released: “Exact Sciences advancing biomarker panel for liver cancer” on June 05, 2018. Also Fool.com published the news titled: “20 Million More Potential Customers for Cologuard: Time to Buy Exact Sciences Stock?” on June 04, 2018. Seekingalpha.com‘s news article titled: “Exact Sciences upsizes and prices of 1.0% convertible senior notes due 2025” with publication date: June 08, 2018 was also an interesting one.

Exact Sciences Corporation (NASDAQ:EXAS) Institutional Positions Chart

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