Business

Bristol-Myers Squibb Company (BMY) SVP Sells $560400.00 in Stock

Bristol-Myers Squibb Company (BMY) SVP Sells $560400.00 in Stock

It has underperformed by 7.74% the S&P500. The company has market cap of $101.46 million. It has a 12.44 P/E ratio. The Engine segment makes and markets a range of diesel and natural gas powered engines under the Cummins brand name, as well as certain customer brand names, for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive and agricultural markets.

Short interest is another tool that analysts use to gauge investor sentiment. Its up 0.18, from 0.76 in 2016Q3. It worsened, as 86 investors sold BMY shares while 529 reduced holdings. 32 funds opened positions while 61 raised stakes.

Bristol-Myers Squibb (NYSE:BMY) last issued its earnings results on Thursday, July 27th. Susquehanna Llp, Pennsylvania-based fund reported 133,272 shares. Welch Investments LLC increased its stake in shares of Bristol-Myers Squibb by 3.9% in the first quarter. The sales growth rate for a stock is a measure of how the stock's sales per share (SPS) has grown over a specific period of time. The data from the past twelve months tells a similar story: insiders executed 17 buys and 30 sells, and ownership decreased by a net of 479247 shares. Hedge funds and other institutional investors own 69.67% of the company's stock. But it sees the project and its outlay on it scaling up to the point it knocks $0.05 off its earnings per share in 2019. Its up 43.22% from 167,300 shares previously. Following the completion of the acquisition, the director now owns 18,000 shares in the company, valued at approximately $1,006,920. Employees Retirement Systems Of Texas reported 147,000 shares stake. Earnest Partners Ltd Liability has 194 shares. Connor Clark And Lunn Inv Mgmt Ltd has 0.15% invested in Bristol-Myers Squibb Co (NYSE:BMY) for 369,050 shares. (NASDAQ:AMZN). Alkeon Management invested in 2.66% or 179,592 shares.

Holland Capital Management Llc, which manages about $4.93 billion and $2.38B US Long portfolio, decreased its stake in Dollar General (NYSE:DG) by 16,310 shares to 471,930 shares, valued at $34.96M in 2016Q4, according to the filing.

Several other analysts also recently commented on the company. It also reduced its holding in Tupperware Brands (NYSE:TUP) by 7,260 shares in the quarter, leaving it with 24,528 shares, and cut its stake in Tyler Technologies (NYSE:TYL). As of late, investors have been taking notice of Bristol-Myers Squibb Company (NYSE:BMY) shares.

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After racking up H1 sales of $2.3 billion for its PD-1 star Opdivo, Bristol-Myers Squibb is now fronting $105 million - with a trove of $1.8 billion-plus in milestones - to see whether its hugely important immuno-oncology franchise can be helped by the delivery tech developed at Halozyme. BMO Capital Markets has "Underperform" rating and $49 target. The firm has "Buy" rating by CL King given on Wednesday, July 6. Robert W. Baird has "Buy" rating and $1100.0 target. (NASDAQ:AMZN) earned "Outperform" rating by Credit Suisse on Friday, April 29. As per Monday, July 3, the company rating was downgraded by Piper Jaffray. The rating was initiated by Canaccord Genuity on Monday, November 16 with "Buy". As per Wednesday, December 2, the company rating was upgraded by Guggenheim.

Since March 17, 2017, it had 0 insider buys, and 2 selling transactions for $3.72 million activity. Caldarella Joseph C sold 8,096 shares worth $463,779. Atlantic Trust LLC purchased a new position in shares of Bristol-Myers Squibb in the second quarter worth $111,000.

Ratings analysis reveals 43% of Cummins's analysts are positive. (NYSE:GPN), 27 have Buy rating, 0 Sell and 5 Hold. The lowest target is $109.0 while the high is $135.0. However, most financial instruments are traded after hours, which means that the the closing price of a stock might not match the after-hours price. CMI was included in 7 notes of analysts from September 7, 2016. Jefferies maintained Abbott Laboratories (NYSE:ABT) rating on Thursday, August 4. Berenberg upgraded the stock to "Buy" rating in Friday, January 22 report. JP Morgan maintained the shares of GPN in report on Friday, August 14 with "Overweight" rating. The stock of Cummins Inc. The stock of Procter & Gamble Co (NYSE:PG) has "Hold" rating given on Tuesday, December 13 by Deutsche Bank. The company was maintained on Tuesday, March 15 by Jefferies. The stock has "Hold" rating by Cowen & Co on Monday, August 14.

Analysts await Euronet Worldwide, Inc. (NASDAQ:AMZN). 11,350 were reported by Caxton Ltd Partnership. They expect $0.37 EPS, 0.00% or $0.00 from last year's $0.37 per share. AAXN's profit will be $2.62M for 111.50 P/E if the $0.05 EPS becomes a reality. After $0.34 actual EPS reported by Old Republic International Corporation for the previous quarter, Wall Street now forecasts 8.82% EPS growth. There are brokerage firms with lower targets than the average, including one setting a price target of $8. It also upped Oncobiologics Inc stake by 232,659 shares and now owns 683,531 shares. Massachusetts-based Rosenbaum Jay D has invested 3.8% in Procter & Gamble Co (NYSE:PG).