As Celgene Corp. (CELG) Market Value Declined, Decatur Capital Management Has Decreased Holding by $1.02 Million; Bbt Capital Management Maintains Position in Salesforce Com (CRM)

November 14, 2017 - By Stephen Andrade

Bbt Capital Management Llc increased its stake in Salesforce Com Inc (CRM) by 83.33% based on its latest 2017Q2 regulatory filing with the SEC. Bbt Capital Management Llc bought 25,000 shares as the company’s stock rose 7.28% with the market. The institutional investor held 55,000 shares of the prepackaged software company at the end of 2017Q2, valued at $4.76 million, up from 30,000 at the end of the previous reported quarter. Bbt Capital Management Llc who had been investing in Salesforce Com Inc for a number of months, seems to be bullish on the $75.61 billion market cap company. The stock declined 0.52% or $0.55 reaching $105.2 on the news. About 259,314 shares traded. salesforce.com, inc. (NYSE:CRM) has risen 7.78% since November 14, 2016 and is uptrending. It has underperformed by 8.92% the S&P500.

Decatur Capital Management Inc decreased its stake in Celgene Corp. (CELG) by 9.31% based on its latest 2017Q2 regulatory filing with the SEC. Decatur Capital Management Inc sold 7,897 shares as the company’s stock declined 3.49% while stock markets rallied. The institutional investor held 76,948 shares of the major pharmaceuticals company at the end of 2017Q2, valued at $9.99M, down from 84,845 at the end of the previous reported quarter. Decatur Capital Management Inc who had been investing in Celgene Corp. for a number of months, seems to be less bullish one the $79.12B market cap company. The stock declined 0.66% or $0.67 reaching $100.49 per share. About 692,356 shares traded. Celgene Corporation (NASDAQ:CELG) has risen 17.00% since November 14, 2016 and is uptrending. It has outperformed by 0.30% the S&P500.

Investors sentiment increased to 1.38 in 2017 Q2. Its up 0.18, from 1.2 in 2017Q1. It is positive, as 50 investors sold CRM shares while 226 reduced holdings. 89 funds opened positions while 293 raised stakes. 611.55 million shares or 1.94% more from 599.94 million shares in 2017Q1 were reported. Dimensional Fund Advsrs LP owns 731,441 shares. New York-based Tekne Mgmt Ltd Company has invested 6.54% in salesforce.com, inc. (NYSE:CRM). Eastern State Bank holds 1.19% of its portfolio in salesforce.com, inc. (NYSE:CRM) for 187,084 shares. Mark Sheptoff Fin Planning Lc, a Connecticut-based fund reported 174 shares. Caisse De Depot Et Placement Du Quebec has 46,274 shares for 0.01% of their portfolio. Ent Financial Ser has 0.01% invested in salesforce.com, inc. (NYSE:CRM). Middleton & Com Inc Ma reported 91,939 shares. Moreover, Fincl Bank Of The Ozarks has 0.3% invested in salesforce.com, inc. (NYSE:CRM) for 9,850 shares. Everence Capital Mgmt stated it has 13,105 shares. Massachusetts Fincl Svcs Ma holds 0.22% or 5.84M shares in its portfolio. First Interstate Bank reported 650 shares. Cypress Capital (Wy) has invested 0% in salesforce.com, inc. (NYSE:CRM). North Carolina-based Atria Investments Limited Liability has invested 0.04% in salesforce.com, inc. (NYSE:CRM). Windward Mgmt Co Ca reported 256,950 shares. Stevens Capital Limited Partnership reported 189,878 shares stake.

Since May 15, 2017, it had 1 buying transaction, and 62 selling transactions for $83.78 million activity. 334 salesforce.com, inc. (NYSE:CRM) shares with value of $30,227 were sold by Allanson Joe. Dayon Alexandre sold $72,677 worth of stock. Benioff Marc also sold $877,918 worth of salesforce.com, inc. (NYSE:CRM) shares. 10,000 salesforce.com, inc. (NYSE:CRM) shares with value of $913,151 were sold by BLOCK KEITH. The insider Weaver Amy E sold $126,172. Harris Parker sold $43,436 worth of stock or 490 shares.

Bbt Capital Management Llc, which manages about $752.75 million US Long portfolio, decreased its stake in Teck Resources Ltd (NYSE:TCK) by 735,000 shares to 15,000 shares, valued at $260,000 in 2017Q2, according to the filing. It also reduced its holding in Select Sector Spdr Tr (Call) (XLP) by 20,000 shares in the quarter, leaving it with 50,000 shares, and cut its stake in Ishares Tr (Call) (IGV).

More notable recent salesforce.com, inc. (NYSE:CRM) news were published by: Livetradingnews.com which released: “salesforce.com, inc. (NYSE:CRM) Stock Overbought” on November 13, 2017, also Reuters.com with their article: “Salesforce, Google form cloud partnership” published on November 06, 2017, Nasdaq.com published: “The Zacks Analyst Blog Highlights: Salesforce.com, Alphabet, Amazon, Microsoft …” on November 08, 2017. More interesting news about salesforce.com, inc. (NYSE:CRM) were released by: Fool.com and their article: “Better Buy: Veeva Systems Inc vs. salesforce.com, inc.” published on October 15, 2017 as well as Seekingalpha.com‘s news article titled: “Salesforce: 3 Reasons For Refreshing The Bull Thesis” with publication date: October 23, 2017.

Among 51 analysts covering Salesforce.com (NYSE:CRM), 45 have Buy rating, 1 Sell and 5 Hold. Therefore 88% are positive. Salesforce.com had 177 analyst reports since August 21, 2015 according to SRatingsIntel. The stock of salesforce.com, inc. (NYSE:CRM) has “Outperform” rating given on Thursday, May 19 by Oppenheimer. The stock of salesforce.com, inc. (NYSE:CRM) has “Overweight” rating given on Wednesday, August 23 by Barclays Capital. The rating was maintained by FBN Securities with “Buy” on Wednesday, August 23. The company was maintained on Wednesday, August 23 by Pivotal Research. The firm has “Buy” rating by Northland Capital given on Thursday, July 27. The company was maintained on Friday, October 27 by Roth Capital. The rating was maintained by UBS on Thursday, November 19 with “Buy”. S&P Research maintained the stock with “Buy” rating in Monday, August 24 report. The company was maintained on Thursday, May 19 by Wunderlich. Stifel Nicolaus maintained it with “Buy” rating and $93 target in Thursday, May 19 report.

Investors sentiment increased to 1.34 in 2017 Q2. Its up 0.21, from 1.13 in 2017Q1. It increased, as 60 investors sold CELG shares while 390 reduced holdings. 110 funds opened positions while 494 raised stakes. 602.51 million shares or 1.81% more from 591.78 million shares in 2017Q1 were reported. Sphera Funds holds 5.52% or 250,000 shares in its portfolio. New Mexico-based New Mexico Educational Retirement Board has invested 0.48% in Celgene Corporation (NASDAQ:CELG). Aviva Pcl has 601,267 shares. Comerica Securities Inc holds 24,571 shares. Moreover, Duncker Streett & Company has 0.31% invested in Celgene Corporation (NASDAQ:CELG) for 7,555 shares. Carderock Capital Management, Maryland-based fund reported 23,944 shares. Calamos Wealth Management Limited Company owns 18,743 shares for 0.34% of their portfolio. Raymond James & Assoc holds 1.03M shares. Arizona State Retirement Systems has invested 0.35% in Celgene Corporation (NASDAQ:CELG). Ltd holds 0.01% of its portfolio in Celgene Corporation (NASDAQ:CELG) for 200 shares. Nordea Invest Mngmt Ab invested 0.05% of its portfolio in Celgene Corporation (NASDAQ:CELG). Swiss Natl Bank reported 0.44% in Celgene Corporation (NASDAQ:CELG). Signature & Investment Advisors Limited holds 127,498 shares or 1.96% of its portfolio. Honeywell owns 1.36% invested in Celgene Corporation (NASDAQ:CELG) for 277,900 shares. Wedgewood Prtnrs Inc has 799,402 shares for 3.18% of their portfolio.

Decatur Capital Management Inc, which manages about $528.00M and $475.82M US Long portfolio, upped its stake in Amazon.Com Inc. (NASDAQ:AMZN) by 3,993 shares to 17,751 shares, valued at $17.18 million in 2017Q2, according to the filing.

Since June 15, 2017, it had 0 insider buys, and 3 sales for $2.36 million activity. VESSEY RUPERT had sold 4,785 shares worth $575,038. The insider Friedman Michael A sold 5,000 shares worth $625,000.

Among 31 analysts covering Celgene Corporation (NASDAQ:CELG), 20 have Buy rating, 2 Sell and 9 Hold. Therefore 65% are positive. Celgene Corporation had 110 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, April 29 by Suntrust Robinson. On Monday, October 23 the stock rating was initiated by Guggenheim with “Buy”. SunTrust initiated the shares of CELG in report on Thursday, January 7 with “Buy” rating. The firm earned “Buy” rating on Friday, October 20 by Stifel Nicolaus. The rating was maintained by Barclays Capital with “Equal-Weight” on Friday, October 13. The rating was initiated by Mizuho on Tuesday, November 8 with “Buy”. The rating was maintained by Mizuho with “Buy” on Thursday, June 1. The stock has “Strong-Buy” rating by Raymond James on Tuesday, September 1. The stock has “Neutral” rating by Citigroup on Friday, October 27. As per Friday, October 20, the company rating was maintained by Cowen & Co.

More notable recent Celgene Corporation (NASDAQ:CELG) news were published by: Nasdaq.com which released: “Celgene Corporation Bottom Line Climbs 24% In Q3” on October 26, 2017, also Fool.com with their article: “Celgene Corporation Has “Optionality and Opportunity”” published on October 30, 2017, Seekingalpha.com published: “Celgene: Growth At A Reasonable Price Even On Revised Guidance” on October 27, 2017. More interesting news about Celgene Corporation (NASDAQ:CELG) were released by: Seekingalpha.com and their article: “Celgene: Still A Great Pipeline, Despite A Setback” published on October 23, 2017 as well as Seekingalpha.com‘s news article titled: “Stocks In The Dog House: Celgene” with publication date: November 10, 2017.

Analysts await Celgene Corporation (NASDAQ:CELG) to report earnings on January, 25. They expect $1.74 EPS, up 23.40% or $0.33 from last year’s $1.41 per share. CELG’s profit will be $1.37B for 14.44 P/E if the $1.74 EPS becomes a reality. After $1.78 actual EPS reported by Celgene Corporation for the previous quarter, Wall Street now forecasts -2.25% negative EPS growth.

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