A Look Into Insider Activity With Seattle Genetics, Inc. (SGEN)

Seattle Genetics Inc 200 Day Moving Average Chart

Seattle Genetics Inc 200 Day Moving Average Chart

The biotechnology company reported ($0.39) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.42) by $0.03. (NASDAQ:SGEN) recently. President and CEO Clay B. Siegall let go of 18,832 shares at an average price of $53.79 on Monday the 11th.

The technique has proven to be very useful for finding positive surprises. In the current trading session, the stock has seen a change of 8.29% recently hitting $62.50.

Lord Abbett & Company decreased Hanesbrands Inc Com (NYSE:HBI) stake by 2.62M shares to 449,836 valued at $10.42M in 2017Q2. As a general observance, the more overbought or oversold the reading displays, the more likely a reversal may take place. Icon plc had 23 analyst reports since July 29, 2015 according to SRatingsIntel. Tower Research Capital Limited Liability Com (Trc) holds 0.03% or 4,300 shares. The firm issued a hold rating on the biotechnology company's stock. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. The Stock now has a Weekly Volatility of 3.44% and Monthly Volatility of 2.82%. ValuEngine cut shares of Seattle Genetics from a "hold" rating to a "sell" rating in a report on Friday, July 28th. Ghost Tree Ltd Liability Corp holds 3.23% or 300,000 shares in its portfolio. The stock experienced a rise in short interest of 4.11% as of September 15, 2017 from the last reporting period. 10,000 shares were sold by HIMES VAUGHN B, worth $625,922. The insider now holds 117,424 shares of Seattle Genetics, Inc. More interesting news about Seattle Genetics, Inc. The firm earned "Outperform" rating on Friday, July 31 by RBC Capital Markets. Oppenheimer maintained the stock with "Hold" rating in Monday, June 26 report. Southeast Asset Advsr, a Georgia-based fund reported 15,567 shares. Capital International Investors increased its holdings in Seattle Genetics by 34.3% in the second quarter. Also, CMO Jonathan G. Drachman sold 10,000 shares of the business's stock in a transaction that occurred on Thursday, July 27th. Douglass Winthrop Llc reported 236,070 shares stake. (NASDAQ:SGEN). Strs Ohio stated it has 0% of its portfolio in Seattle Genetics, Inc.

Among 25 analysts covering Verizon Communications Inc. Product Ptnrs Lc stated it has 0.35% of its portfolio in Seattle Genetics, Inc. Therefore 67% are positive. Cornerstone Inc reported 22,190 shares stake.

More notable recent Altria Group Inc (NYSE:MO) news were published by: Seekingalpha.com which released: "Is Altria A Cigar Butt?" on September 24, 2017, also Nasdaq.com with their article: "Cowen Upgrades Altria Group" published on September 27, 2017, Seekingalpha.com published: "Altria: The Turning Point" on September 11, 2017. (NYSE:VZ) rating on Wednesday, October 4. The rating was maintained by Jefferies with "Hold" on Thursday, August 24.

Since May 8, 2017, it had 0 insider purchases, and 2 selling transactions for $664,775 activity. (NYSE:VZ). Brookfield Asset Mngmt Inc accumulated 25,500 shares. $568,000 worth of Toro Co (NYSE:TTC) shares were sold by Redetzke Darren L.

Investors sentiment decreased to 0.88 in Q2 2017. Susquehanna Int Group Limited Liability Partnership has 32,081 shares. During the same period in the previous year, the company earned ($0.23) earnings per share. Its down 0.12, from 1 in 2017Q1. 112 funds opened positions while 587 raised stakes. Puplava Finance Serv Inc owns 11,209 shares for 0.16% of their portfolio. Ontario - Canada-based Agf Invests has invested 0.25% in Verizon Communications Inc. Reilly Financial Advsr Ltd Llc, a California-based fund reported 237,064 shares. Amer Retail Bank holds 1.5% or 104,965 shares. Old Natl Bank In has 0.24% invested in Altria Group Inc (NYSE:MO) for 58,251 shares. Fagan Associates Inc holds 1.15% in Verizon Communications Inc. Moreover, Fmr Limited Liability Corporation has 0.05% invested in Seattle Genetics, Inc. (NYSE:VZ). The Texas-based Sentinel Trust Lba has invested 0.47% in Verizon Communications Inc.

Cognios Capital Llc, which manages about $312.20M and $285.90 million US Long portfolio, upped its stake in Coca (NYSE:KO) by 51,243 shares to 91,218 shares, valued at $4.09M in 2017Q2, according to the filing.

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