Argent Capital Management Llc decreased its stake in Biogen Inc. (BIIB) by 33.36% based on its latest 2018Q4 regulatory filing with the SEC. Argent Capital Management Llc sold 43,636 shares as the company’s stock declined 1.50% while stock markets rallied. The institutional investor held 87,154 shares of the biological products (no diagnostic substances) company at the end of 2018Q4, valued at $26.23M, down from 130,790 at the end of the previous reported quarter. Argent Capital Management Llc who had been investing in Biogen Inc. for a number of months, seems to be less bullish one the $44.19 billion market cap company. The stock decreased 3.46% or $8.16 during the last trading session, reaching $227.91. About 1.69 million shares traded. Biogen Inc. (NASDAQ:BIIB) has risen 15.91% since May 7, 2018 and is uptrending. It has outperformed by 11.54% the S&P500. Some Historical BIIB News: 24/04/2018 – Biogen Idec 1Q Adj EPS $6.05; 07/03/2018 – EMA- EMA RECOMMENDS IMMEDIATE SUSPENSION AND RECALL OF MULTIPLE SCLEROSIS MEDICINE ZINBRYTA; 25/04/2018 – BIOGEN INC BIIB.O : BAIRD RAISES TO OUTPERFORM; 24/04/2018 – BIOGEN 1Q TECFIDERA REV. $986.9M, EST. $1.01B; 06/03/2018 – PROMIS NEUROSCIENCES INC – PMN310 SHOWED SIMILAR ABILITY TO CROSS BLOOD BRAIN BARRIER AND PENETRATE CENTRAL NERVOUS SYSTEM COMPARED TO ADUCANUMAB; 23/04/2018 – BIOGEN: NEW SPINRAZA DATA UNVEILED AT AAN ANNUAL MEETING SHOW; 17/05/2018 – BIOGEN TO EXERCISE CALL OPTIONS ON SAMSUNG BIOEPIS BY JUNE 29; 24/04/2018 – Biogen’s rain-making rare-disease drug hits a sales slump; 07/05/2018 – Eaton Vance Worldwide Health Adds Glaxo, Cuts Biogen; 01/05/2018 – Biogen Will Pay $50 Million To Reduce Royalties On Alzheimer’s Disease Drug — MarketWatch
Bridgewater Associates Lp decreased its stake in Open Text Corp (OTEX) by 13.78% based on its latest 2018Q4 regulatory filing with the SEC. Bridgewater Associates Lp sold 13,350 shares as the company’s stock rose 9.45% with the market. The hedge fund held 83,536 shares of the edp services company at the end of 2018Q4, valued at $2.72M, down from 96,886 at the end of the previous reported quarter. Bridgewater Associates Lp who had been investing in Open Text Corp for a number of months, seems to be less bullish one the $10.61 billion market cap company. The stock decreased 1.77% or $0.71 during the last trading session, reaching $39.49. About 211,788 shares traded. Open Text Corporation (NASDAQ:OTEX) has risen 9.17% since May 7, 2018 and is uptrending. It has outperformed by 4.80% the S&P500. Some Historical OTEX News: 02/04/2018 MADHU RANGANATHAN JOINS OPENTEXT AS CHIEF FINANCIAL OFFICER; 10/05/2018 – OPEN TEXT CORP OTEX.TO : BARCLAYS RAISES TARGET PRICE TO C$59 FROM C$57; 30/05/2018 – OPEN TEXT -AMENDMENT OF TERM LOAN INCREASES AMOUNT TO US$1 BLN, EXTENDS MATURITY DATE TO 2025, REDUCES INTEREST RATE MARGIN BY 25 BASIS POINTS; 17/04/2018 – Open Text Closes Above 50-Day Moving Average: Technicals; 18/05/2018 – Document Management Software 2018: Global Procurement Market Intelligence Report – Top Five Players are Adobe, OpenText, Dropbox, HP, and Oracle – ResearchAndMarkets.com; 17/04/2018 – BLUE HARBOUR GROUP LP CEO CLIFF ROBBINS TELLS 13D MONITOR CONFERENCE THAT THERE IS “POTENTIAL FOR A STRATEGIC SALE DOWN THE ROAD” FOR OPEN TEXT CORP OTEX.TO , IN WHICH BLUE HARBOUR OWNS 4 PCT STAKE; 09/05/2018 – Open Text 3Q Net $58.8M; 30/05/2018 – OPENTEXT ANNOUNCES REPRICING AND AMENDMENT OF CREDIT FACILITIES; 15/05/2018 – OpenText to Bring Security to the Edges of the Network and Beyond; 30/05/2018 – OPENTEXT TERM LOAN INCREASED TO $1B, MATURITY DATE TO 2025
Analysts await Open Text Corporation (NASDAQ:OTEX) to report earnings on May, 8. They expect $0.08 earnings per share, down 63.64% or $0.14 from last year’s $0.22 per share. OTEX’s profit will be $21.49M for 123.41 P/E if the $0.08 EPS becomes a reality. After $0.39 actual earnings per share reported by Open Text Corporation for the previous quarter, Wall Street now forecasts -79.49% negative EPS growth.
Bridgewater Associates Lp, which manages about $10.93 billion US Long portfolio, upped its stake in Block H & R Inc (NYSE:HRB) by 22,445 shares to 33,567 shares, valued at $852,000 in 2018Q4, according to the filing. It also increased its holding in Las Vegas Sands Corp (NYSE:LVS) by 91,866 shares in the quarter, for a total of 119,032 shares, and has risen its stake in Ford Mtr Co Del (NYSE:F).
More notable recent Open Text Corporation (NASDAQ:OTEX) news were published by: Seekingalpha.com which released: “Open Text Acquires Catalyst Repository Systems For eDiscovery Tech – Seeking Alpha” on February 06, 2019, also Seekingalpha.com with their article: “Open Text Corporation (OTEX) CEO Mark Barrenechea on Q2 2019 Results – Earnings Call Transcript – Seeking Alpha” published on January 31, 2019, Fool.com published: “OpenText Looks to Acquisitions for Growth – Motley Fool” on February 01, 2019. More interesting news about Open Text Corporation (NASDAQ:OTEX) were released by: Nasdaq.com and their article: “After-Hours Earnings Report for January 31, 2019 : AMZN, AFL, EW, MCK, YUMC, AJG, SYMC, EMN, PKI, OTEX, CPT, FBHS – Nasdaq” published on January 31, 2019 as well as Prnewswire.com‘s news article titled: “OpenText Releases New Cloud and Hybrid Offerings for SAP® Solutions – PRNewswire” with publication date: May 03, 2019.
Since January 30, 2019, it had 2 buys, and 0 insider sales for $47.78 million activity.
Investors sentiment decreased to 0.91 in Q4 2018. Its down 0.10, from 1.01 in 2018Q3. It worsened, as 79 investors sold BIIB shares while 314 reduced holdings. 83 funds opened positions while 276 raised stakes. 181.17 million shares or 8.34% more from 167.21 million shares in 2018Q3 were reported. Ingalls And Snyder Limited Co, a New York-based fund reported 7,437 shares. Country Tru Financial Bank reported 112,718 shares or 1.69% of all its holdings. 3,074 were accumulated by Walleye Trading Limited Liability. 2,118 are owned by Heritage Wealth Advsr. Toronto Dominion Savings Bank reported 0.06% of its portfolio in Biogen Inc. (NASDAQ:BIIB). Covington Capital has invested 0% of its portfolio in Biogen Inc. (NASDAQ:BIIB). D E Shaw And accumulated 397,153 shares. Teachers Retirement Sys Of The State Of Kentucky has invested 0.44% in Biogen Inc. (NASDAQ:BIIB). Bamco Ny reported 0.02% in Biogen Inc. (NASDAQ:BIIB). Stevens Cap Mgmt Ltd Partnership invested 0.02% of its portfolio in Biogen Inc. (NASDAQ:BIIB). Nordea Investment Ab owns 425,614 shares. 3,891 are owned by Buckingham Capital Mngmt. Parnassus Invests Ca has invested 0.46% in Biogen Inc. (NASDAQ:BIIB). Cibc World Mkts Corporation has invested 0.19% in Biogen Inc. (NASDAQ:BIIB). Moreover, Culbertson A N Co Inc has 0.08% invested in Biogen Inc. (NASDAQ:BIIB).
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