Intuit (INTU) Stock Price Rose While Point72 Asia Hong Kong LTD Has Increased Holding by $432,532; Insmed (INSM) Holder Hudson Bay Capital Management LP Lifted Stake by $1.24 Million as Market Valuation Rose

January 18, 2018 - By Vivian Currie

Steve Cohen increased its stake in Intuit (INTU) by 362.62% based on its latest 2017Q3 regulatory filing with the SEC. Point72 Asia Hong Kong Ltd bought 3,046 shares as the company’s stock rose 4.61% with the market. The hedge fund run by Steve Cohen held 3,886 shares of the prepackaged software company at the end of 2017Q3, valued at $552,000, up from 840 at the end of the previous reported quarter. Point72 Asia Hong Kong Ltd who had been investing in Intuit for a number of months, seems to be bullish on the $42.02 billion market cap company. The stock increased 0.05% or $0.08 during the last trading session, reaching $164.37. About 697,243 shares traded. Intuit Inc. (NASDAQ:INTU) has risen 23.62% since January 18, 2017 and is uptrending. It has outperformed by 6.92% the S&P500.

Sander Gerber increased its stake in Insmed Inc (INSM) by 40% based on its latest 2017Q3 regulatory filing with the SEC. Hudson Bay Capital Management Lp bought 40,000 shares as the company’s stock rose 11.02% with the market. The hedge fund run by Sander Gerber held 140,000 shares of the health care company at the end of 2017Q3, valued at $4.37 million, up from 100,000 at the end of the previous reported quarter. Hudson Bay Capital Management Lp who had been investing in Insmed Inc for a number of months, seems to be bullish on the $2.26B market cap company. The stock decreased 2.25% or $0.68 during the last trading session, reaching $29.54. About 260,337 shares traded. Insmed Incorporated (NASDAQ:INSM) has risen 57.88% since January 18, 2017 and is uptrending. It has outperformed by 41.18% the S&P500.

Among 10 analysts covering Insmed (NASDAQ:INSM), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Insmed had 25 analyst reports since August 10, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, November 2 report. H.C. Wainwright maintained it with “Buy” rating and $35.0 target in Monday, November 6 report. The rating was maintained by Citigroup on Wednesday, March 16 with “Neutral”. H.C. Wainwright maintained the stock with “Buy” rating in Thursday, July 20 report. The firm has “Neutral” rating given on Monday, November 9 by UBS. The company was maintained on Monday, September 11 by Cowen & Co. The company was maintained on Thursday, August 3 by Cowen & Co. The stock of Insmed Incorporated (NASDAQ:INSM) earned “Buy” rating by Stifel Nicolaus on Thursday, January 4. Robert W. Baird maintained the shares of INSM in report on Thursday, January 4 with “Buy” rating. The rating was maintained by H.C. Wainwright on Thursday, January 4 with “Buy”.

Investors sentiment increased to 3.74 in Q3 2017. Its up 1.98, from 1.76 in 2017Q2. It improved, as 11 investors sold INSM shares while 16 reduced holdings. 44 funds opened positions while 57 raised stakes. 144.25 million shares or 160.06% more from 55.47 million shares in 2017Q2 were reported. Campbell Company Inv Adviser Ltd Liability owns 0.21% invested in Insmed Incorporated (NASDAQ:INSM) for 8,194 shares. Prelude Capital Management Limited Co holds 0.31% of its portfolio in Insmed Incorporated (NASDAQ:INSM) for 108,800 shares. Victory Cap invested 0.04% of its portfolio in Insmed Incorporated (NASDAQ:INSM). 31,981 were reported by Laurion Capital Mgmt Ltd Partnership. D E Shaw & Co Inc owns 813,562 shares or 0.04% of their US portfolio. Proshare Lc reported 40,239 shares. Renaissance Technology Lc has 0% invested in Insmed Incorporated (NASDAQ:INSM) for 55,887 shares. Wells Fargo & Mn owns 49,940 shares. Drw Secs Ltd Company has 8,000 shares for 0.08% of their portfolio. Senzar Asset Mgmt Limited Liability Com stated it has 238,700 shares or 1.82% of all its holdings. Metropolitan Life New York stated it has 48,976 shares or 0.01% of all its holdings. Franklin Street Advisors Nc accumulated 15,800 shares. Jane Street Group Limited Liability Corporation stated it has 0% of its portfolio in Insmed Incorporated (NASDAQ:INSM). First Manhattan Company owns 25 shares or 0% of their US portfolio. Ecor1 Cap Limited Liability holds 1.69% or 405,400 shares in its portfolio.

Hudson Bay Capital Management Lp, which manages about $4.18B and $4.02 billion US Long portfolio, decreased its stake in Neogenomics Inc New (NASDAQ:NEO) by 30,000 shares to 165,000 shares, valued at $1.84 million in 2017Q3, according to the filing. It also reduced its holding in Juno Therapeutics Inc (NASDAQ:JUNO) by 30,000 shares in the quarter, leaving it with 70,000 shares, and cut its stake in Kennametal Stk (NYSE:KMT).

Since September 5, 2017, it had 0 insider buys, and 2 sales for $2.70 million activity. SHAROKY MELVIN MD sold $1.37M worth of stock or 50,000 shares.

Since August 24, 2017, it had 0 buys, and 15 sales for $155.18 million activity. 184,585 shares valued at $26.05 million were sold by Williams R Neil on Tuesday, September 12. The insider FLOURNOY MARK J sold $265,839. On Thursday, August 24 STANSBURY HENRY TAYLOE sold $1.04 million worth of Intuit Inc. (NASDAQ:INTU) or 7,768 shares. Wernikoff Daniel A also sold $1.13M worth of Intuit Inc. (NASDAQ:INTU) shares. $2.29 million worth of Intuit Inc. (NASDAQ:INTU) shares were sold by Goodarzi Sasan K.

Point72 Asia Hong Kong Ltd, which manages about $141.01M US Long portfolio, decreased its stake in Nvidia Corp (NASDAQ:NVDA) by 4,779 shares to 148 shares, valued at $26,000 in 2017Q3, according to the filing. It also reduced its holding in Sysco Corp (NYSE:SYY) by 6,165 shares in the quarter, leaving it with 86 shares, and cut its stake in Baidu Inc (NASDAQ:BIDU).

Investors sentiment decreased to 0.92 in Q3 2017. Its down 0.04, from 0.96 in 2017Q2. It turned negative, as 33 investors sold INTU shares while 249 reduced holdings. 66 funds opened positions while 193 raised stakes. 215.12 million shares or 0.10% less from 215.33 million shares in 2017Q2 were reported. Koch Inc accumulated 2,186 shares. Pension Service owns 229,865 shares. Great West Life Assurance Commerce Can invested 0.06% of its portfolio in Intuit Inc. (NASDAQ:INTU). Sumitomo Mitsui Tru has invested 0.17% in Intuit Inc. (NASDAQ:INTU). Gideon Advisors Inc holds 0.2% or 1,451 shares. Rampart Investment Management Limited Co owns 3,311 shares. Brown Advisory reported 2.64M shares. First Midwest Bancorporation Trust Division reported 6,146 shares. Conestoga Cap Advisors Limited Co stated it has 2,480 shares. Winslow Cap Mngmt Ltd has 1.60 million shares. Tower Rech Capital Limited Liability Company (Trc) holds 0.02% in Intuit Inc. (NASDAQ:INTU) or 1,599 shares. Bnp Paribas Asset Management Holdg reported 0.1% of its portfolio in Intuit Inc. (NASDAQ:INTU). Old Mutual Global Investors (Uk) Ltd accumulated 1.13M shares. 10,290 were reported by Ameritas Inv Partners Inc. Pillar Pacific Cap Management Ltd Liability Com stated it has 0.91% of its portfolio in Intuit Inc. (NASDAQ:INTU).

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