As Nvidia (NVDA) Share Value Rose, Peddock Capital Advisors Lowered Position; As Celgene (CELG) Share Price Declined, Swedbank Has Boosted Stake

January 20, 2018 - By Peter Erickson

Peddock Capital Advisors Llc decreased its stake in Nvidia Corp (NVDA) by 30.01% based on its latest 2017Q3 regulatory filing with the SEC. Peddock Capital Advisors Llc sold 11,861 shares as the company’s stock rose 26.83% with the market. The institutional investor held 27,666 shares of the semiconductors company at the end of 2017Q3, valued at $4.95M, down from 39,527 at the end of the previous reported quarter. Peddock Capital Advisors Llc who had been investing in Nvidia Corp for a number of months, seems to be less bullish one the $139.45 billion market cap company. The stock increased 2.53% or $5.67 during the last trading session, reaching $230.11. About 15.23 million shares traded or 13.57% up from the average. NVIDIA Corporation (NASDAQ:NVDA) has risen 212.28% since January 20, 2017 and is uptrending. It has outperformed by 195.58% the S&P500.

Swedbank increased its stake in Celgene Corp (CELG) by 1.06% based on its latest 2017Q3 regulatory filing with the SEC. Swedbank bought 27,372 shares as the company’s stock declined 3.49% while stock markets rallied. The institutional investor held 2.62M shares of the major pharmaceuticals company at the end of 2017Q3, valued at $382.23M, up from 2.59M at the end of the previous reported quarter. Swedbank who had been investing in Celgene Corp for a number of months, seems to be bullish on the $80.82B market cap company. The stock increased 0.91% or $0.93 during the last trading session, reaching $102.65. About 8.11 million shares traded. Celgene Corporation (NASDAQ:CELG) has risen 17.00% since January 20, 2017 and is uptrending. It has outperformed by 0.30% the S&P500.

Analysts await NVIDIA Corporation (NASDAQ:NVDA) to report earnings on February, 8. They expect $1.15 earnings per share, up 16.16% or $0.16 from last year’s $0.99 per share. NVDA’s profit will be $696.90 million for 50.02 P/E if the $1.15 EPS becomes a reality. After $1.33 actual earnings per share reported by NVIDIA Corporation for the previous quarter, Wall Street now forecasts -13.53% negative EPS growth.

Peddock Capital Advisors Llc, which manages about $187.96 million and $195.21 million US Long portfolio, upped its stake in Alphabet Inc A by 1,504 shares to 1,689 shares, valued at $1.65M in 2017Q3, according to the filing.

Among 44 analysts covering Nvidia Corporation (NASDAQ:NVDA), 25 have Buy rating, 4 Sell and 15 Hold. Therefore 57% are positive. Nvidia Corporation had 175 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Buy” rating by Canaccord Genuity given on Tuesday, January 10. The rating was maintained by Oppenheimer with “Hold” on Thursday, August 10. Susquehanna maintained NVIDIA Corporation (NASDAQ:NVDA) on Friday, November 10 with “Hold” rating. BMO Capital Markets maintained NVIDIA Corporation (NASDAQ:NVDA) on Tuesday, August 8 with “Sell” rating. Nomura upgraded the stock to “Buy” rating in Monday, June 13 report. As per Tuesday, May 30, the company rating was maintained by J.P. Morgan. The firm earned “Buy” rating on Friday, November 24 by RBC Capital Markets. Topeka Capital Markets upgraded the stock to “Buy” rating in Friday, May 13 report. The rating was initiated by Roth Capital with “Neutral” on Monday, October 12. The stock of NVIDIA Corporation (NASDAQ:NVDA) earned “Buy” rating by Jefferies on Monday, July 24.

Investors sentiment increased to 1.3 in 2017 Q3. Its up 0.09, from 1.21 in 2017Q2. It is positive, as 45 investors sold NVDA shares while 282 reduced holdings. 127 funds opened positions while 298 raised stakes. 387.15 million shares or 0.29% less from 388.29 million shares in 2017Q2 were reported. Kbc Gru Nv holds 0.47% in NVIDIA Corporation (NASDAQ:NVDA) or 292,158 shares. Cleararc Inc holds 0.41% or 15,437 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 0.2% or 118,900 shares. Leavell Mgmt Inc reported 51,900 shares. Moreover, C M Bidwell & Assocs Ltd has 1.13% invested in NVIDIA Corporation (NASDAQ:NVDA). Teachers Retirement Sys Of The State Of Kentucky stated it has 182,395 shares. Ny State Teachers Retirement Systems owns 0.41% invested in NVIDIA Corporation (NASDAQ:NVDA) for 913,548 shares. 6,550 were reported by Pinnacle Assocs Ltd. Oakworth Capital invested in 0.01% or 345 shares. B T Cap Mgmt Dba Alpha Cap Mgmt owns 0.56% invested in NVIDIA Corporation (NASDAQ:NVDA) for 6,622 shares. Cetera Advisor Networks Limited Liability Company holds 0.08% or 9,864 shares. Calamos Advsr Ltd Company holds 0.22% or 157,814 shares in its portfolio. National Bank Of America De owns 4.29 million shares for 0.12% of their portfolio. New York-based Oppenheimer & Co Incorporated has invested 0.26% in NVIDIA Corporation (NASDAQ:NVDA). Regal Inv Advsrs Limited Liability stated it has 5,651 shares or 0.24% of all its holdings.

Since August 14, 2017, it had 0 insider buys, and 12 selling transactions for $81.59 million activity. The insider Byron Michael sold 9,538 shares worth $1.71M. 22,808 shares valued at $4.23M were sold by Kress Colette on Monday, October 9. 16,281 shares were sold by PERRY MARK L, worth $2.64M on Monday, August 14. COXE TENCH had sold 50,000 shares worth $9.48M on Monday, September 18. The insider JONES HARVEY C sold $18.57M. The insider Shoquist Debora sold 33,498 shares worth $6.34M.

Since August 2, 2017, it had 0 buys, and 5 insider sales for $6.27 million activity. 1,727 Celgene Corporation (NASDAQ:CELG) shares with value of $248,498 were sold by Curran Terrie. Another trade for 18,506 shares valued at $2.42 million was sold by MARIO ERNEST. Shares for $1.29 million were sold by CASEY MICHAEL D on Tuesday, September 5.

Investors sentiment decreased to 1.17 in 2017 Q3. Its down 0.17, from 1.34 in 2017Q2. It worsened, as 44 investors sold CELG shares while 457 reduced holdings. 133 funds opened positions while 451 raised stakes. 603.99 million shares or 0.25% more from 602.51 million shares in 2017Q2 were reported. Meiji Yasuda Asset Mgmt Limited stated it has 0.65% in Celgene Corporation (NASDAQ:CELG). Liberty Cap Management holds 24,042 shares or 1.6% of its portfolio. Commonwealth National Bank Of Australia reported 25,397 shares. Moreover, Icon Advisers Incorporated Company has 1.35% invested in Celgene Corporation (NASDAQ:CELG). Rampart Inv Mgmt Ltd Liability Com, a Massachusetts-based fund reported 10,658 shares. Personal Advisors Corporation has invested 0.53% in Celgene Corporation (NASDAQ:CELG). Reynders Mcveigh Capital Lc reported 21,904 shares stake. Old Second State Bank Of Aurora accumulated 375 shares or 0.02% of the stock. Grisanti Capital Management holds 2.4% of its portfolio in Celgene Corporation (NASDAQ:CELG) for 40,032 shares. Buckingham Capital Management reported 0.65% in Celgene Corporation (NASDAQ:CELG). Mason Street Advsrs Ltd Llc holds 0.39% of its portfolio in Celgene Corporation (NASDAQ:CELG) for 108,605 shares. Harvey Cap has invested 3.84% in Celgene Corporation (NASDAQ:CELG). Rosenbaum Jay D owns 2,000 shares. Jag Capital Management Ltd Llc owns 102,865 shares or 2.81% of their US portfolio. Trust Of Toledo Na Oh holds 0.22% or 6,003 shares in its portfolio.

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