Gartner (IT) Holder Rainier Investment Management Lowered Its Holding as Shares Declined; As Chimerix (CMRX) Stock Price Rose, Opaleye Management Lowered Stake by $3.21 Million

May 18, 2018 - By Vivian Currie

Gartner, Inc. (NYSE:IT) Logo

James A. Silverman decreased its stake in Chimerix Inc (CMRX) by 57.23% based on its latest 2017Q4 regulatory filing with the SEC. Opaleye Management Inc sold 803,000 shares as the company’s stock rose 16.70% while stock markets declined. The hedge fund run by James A. Silverman held 600,000 shares of the health care company at the end of 2017Q4, valued at $2.78M, down from 1.40M at the end of the previous reported quarter. Opaleye Management Inc who had been investing in Chimerix Inc for a number of months, seems to be less bullish one the $229.22M market cap company. The stock decreased 1.23% or $0.06 during the last trading session, reaching $4.8. About 170,505 shares traded or 18.00% up from the average. Chimerix, Inc. (NASDAQ:CMRX) has declined 18.13% since May 18, 2017 and is downtrending. It has underperformed by 29.68% the S&P500.

Rainier Investment Management Llc decreased its stake in Gartner Inc (IT) by 25.38% based on its latest 2017Q4 regulatory filing with the SEC. Rainier Investment Management Llc sold 5,220 shares as the company’s stock declined 4.84% with the market. The institutional investor held 15,350 shares of the consumer services company at the end of 2017Q4, valued at $1.89 million, down from 20,570 at the end of the previous reported quarter. Rainier Investment Management Llc who had been investing in Gartner Inc for a number of months, seems to be less bullish one the $12.16B market cap company. The stock decreased 1.84% or $2.5 during the last trading session, reaching $133.23. About 1.05M shares traded or 38.94% up from the average. Gartner, Inc. (NYSE:IT) has risen 7.52% since May 18, 2017 and is uptrending. It has underperformed by 4.03% the S&P500.

Analysts await Chimerix, Inc. (NASDAQ:CMRX) to report earnings on August, 6. They expect $-0.44 EPS, down 22.22% or $0.08 from last year’s $-0.36 per share. After $-0.42 actual EPS reported by Chimerix, Inc. for the previous quarter, Wall Street now forecasts 4.76% negative EPS growth.

Since May 10, 2018, it had 0 insider purchases, and 4 selling transactions for $541,178 activity.

Investors sentiment increased to 1.18 in 2017 Q4. Its up 0.10, from 1.08 in 2017Q3. It is positive, as 15 investors sold CMRX shares while 23 reduced holdings. 18 funds opened positions while 27 raised stakes. 34.68 million shares or 2.45% more from 33.85 million shares in 2017Q3 were reported. The Switzerland-based Credit Suisse Ag has invested 0% in Chimerix, Inc. (NASDAQ:CMRX). Jfs Wealth Advsr Ltd Limited Liability Company has invested 0% in Chimerix, Inc. (NASDAQ:CMRX). New York-based Bank Of Mellon has invested 0% in Chimerix, Inc. (NASDAQ:CMRX). Schwab Charles Investment Mgmt holds 0% in Chimerix, Inc. (NASDAQ:CMRX) or 211,655 shares. Bank & Trust Of America De reported 18,437 shares. California Employees Retirement, a California-based fund reported 77,200 shares. Arrowmark Colorado Holdings Limited Liability Company holds 0.13% of its portfolio in Chimerix, Inc. (NASDAQ:CMRX) for 2.71 million shares. Dimensional Fund Advsr Lp owns 2.06M shares. Ameriprise Finance stated it has 45,002 shares. Jpmorgan Chase & Co reported 0% in Chimerix, Inc. (NASDAQ:CMRX). Susquehanna Gp Llp invested 0% of its portfolio in Chimerix, Inc. (NASDAQ:CMRX). Meeder Asset Inc holds 0% or 81 shares. Proshare Advisors Llc has 32,306 shares for 0% of their portfolio. Alps Advsr stated it has 0% in Chimerix, Inc. (NASDAQ:CMRX). Employees Retirement Association Of Colorado holds 0% or 13,842 shares.

Among 10 analysts covering Chimerix Inc (NASDAQ:CMRX), 3 have Buy rating, 3 Sell and 4 Hold. Therefore 30% are positive. Chimerix Inc had 21 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating given on Monday, October 5 by Morgan Stanley. On Thursday, August 6 the stock rating was maintained by Brean Capital with “Buy”. The firm earned “Overweight” rating on Monday, December 28 by Piper Jaffray. H.C. Wainwright maintained the stock with “Buy” rating in Friday, March 2 report. The stock has “Buy” rating by Citigroup on Thursday, September 3. The rating was initiated by UBS with “Buy” on Thursday, December 17. JP Morgan downgraded the shares of CMRX in report on Tuesday, December 29 to “Neutral” rating. Cowen & Co maintained the shares of CMRX in report on Monday, August 7 with “Hold” rating. The firm has “Equal-Weight” rating given on Tuesday, February 23 by Barclays Capital. The firm has “Sell” rating given on Wednesday, February 14 by J.P. Morgan.

More important recent Chimerix, Inc. (NASDAQ:CMRX) news were published by: Seekingalpha.com which released: “Chimerix’s (CMRX) CEO Michelle Berrey on Q1 2018 Results – Earnings Call Transcript” on May 07, 2018, also Globenewswire.com published article titled: “Chimerix Announces First Quarter 2018 Financial Results”, Nasdaq.com published: “Recent Analysis Shows Camden Property Trust, Biglari, Argan, Chimerix, Workhorse Group, and Magellan Midstream …” on May 17, 2018. More interesting news about Chimerix, Inc. (NASDAQ:CMRX) was released by: Seekingalpha.com and their article: “Chimerix Inc 2018 Q1 – Results – Earnings Call Slides” with publication date: May 08, 2018.

Analysts await Gartner, Inc. (NYSE:IT) to report earnings on August, 14. They expect $0.97 EPS, up 10.23% or $0.09 from last year’s $0.88 per share. IT’s profit will be $88.50M for 34.34 P/E if the $0.97 EPS becomes a reality. After $0.72 actual EPS reported by Gartner, Inc. for the previous quarter, Wall Street now forecasts 34.72% EPS growth.

Investors sentiment increased to 1.22 in Q4 2017. Its up 0.05, from 1.17 in 2017Q3. It is positive, as 34 investors sold IT shares while 109 reduced holdings. 49 funds opened positions while 125 raised stakes. 85.40 million shares or 0.47% more from 85.00 million shares in 2017Q3 were reported. 140,782 are held by Kayne Anderson Rudnick Management Ltd. Covey Capital Advsr Ltd reported 2.82% in Gartner, Inc. (NYSE:IT). First Personal Financial Service reported 122 shares or 0% of all its holdings. Nebraska-based Nelson Van Denburg And Campbell Wealth Management Gp Limited Liability Company has invested 0.09% in Gartner, Inc. (NYSE:IT). Massmutual Com Fsb Adv stated it has 20,570 shares. Oregon Employees Retirement Fund invested 0.05% of its portfolio in Gartner, Inc. (NYSE:IT). Yorktown Mngmt & Comm accumulated 3,000 shares or 0.11% of the stock. Nomura Hldg Inc reported 0% of its portfolio in Gartner, Inc. (NYSE:IT). Stifel Corporation reported 7,691 shares. Virtus Investment Advisers has invested 0.01% in Gartner, Inc. (NYSE:IT). California State Teachers Retirement System has 0.04% invested in Gartner, Inc. (NYSE:IT) for 145,185 shares. Stone Run Ltd has 1.64% invested in Gartner, Inc. (NYSE:IT) for 26,000 shares. Genesee Valley holds 11,999 shares. Dimensional Fund Advsr Limited Partnership has invested 0.02% of its portfolio in Gartner, Inc. (NYSE:IT). Glenmede Trust Na has 131,294 shares.

Rainier Investment Management Llc, which manages about $7.08 billion and $236.50 million US Long portfolio, upped its stake in Natus Medical Inc Del (NASDAQ:BABY) by 17,030 shares to 83,180 shares, valued at $3.18 million in 2017Q4, according to the filing.

Among 13 analysts covering Gartner Inc (NYSE:IT), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. Gartner Inc had 51 analyst reports since August 3, 2015 according to SRatingsIntel. On Friday, January 6 the stock rating was upgraded by RBC Capital Markets to “Outperform”. The firm has “Outperform” rating given on Wednesday, May 9 by BMO Capital Markets. The firm has “Top Pick” rating by RBC Capital Markets given on Monday, March 13. The stock of Gartner, Inc. (NYSE:IT) earned “Equal-Weight” rating by Morgan Stanley on Wednesday, January 31. The rating was upgraded by BMO Capital Markets on Friday, January 6 to “Outperform”. The rating was initiated by Macquarie Research with “Outperform” on Friday, August 26. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, November 2. The company was maintained on Tuesday, January 23 by Piper Jaffray. The rating was maintained by Credit Suisse on Wednesday, August 9 with “Buy”. Piper Jaffray maintained Gartner, Inc. (NYSE:IT) on Tuesday, February 6 with “Hold” rating.

More notable recent Gartner, Inc. (NYSE:IT) news were published by: Seekingalpha.com which released: “Gartner (IT) Q1 2018 Results – Earnings Call Transcript” on May 08, 2018, also Globenewswire.com with their article: “Report: Exploring Fundamental Drivers Behind Gartner, F5 Networks, Medidata Solutions, Evertec, Ring Energy, and …” published on May 15, 2018, Bloomberg.com published: “Canopy Applies to Become First Pot Producer Listed on the NYSE” on May 14, 2018. More interesting news about Gartner, Inc. (NYSE:IT) were released by: Seekingalpha.com and their article: “Gartner Inc. 2018 Q1 – Results – Earnings Call Slides” published on May 08, 2018 as well as Businesswire.com‘s news article titled: “Media Alert: Gartner Announces IT Operations Strategies & Solutions Summit 2018” with publication date: May 14, 2018.

Since February 22, 2018, it had 0 buys, and 7 selling transactions for $5.17 million activity. Kranich Robin B had sold 4,874 shares worth $657,454 on Thursday, May 10. Shares for $1.86M were sold by HALL EUGENE A. The insider Safian Craig sold $474,904. 5,500 Gartner, Inc. (NYSE:IT) shares with value of $664,174 were sold by Sondergaard Peter.

Chimerix, Inc. (NASDAQ:CMRX) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: