As Retrophin (RTRX) Market Valuation Declined, Holder Broadfin Capital Trimmed by $27.49 Million Its Holding; Makemytrip Limited Mauritius (MMYT) Holding Maintained by Falcon Edge Capital Lp

January 31, 2018 - By Kurt Siggers

Richard Gerson increased its stake in Makemytrip Limited Mauritius (MMYT) by 32.95% based on its latest 2017Q3 regulatory filing with the SEC. Falcon Edge Capital Lp bought 53,800 shares as the company’s stock rose 2.51% with the market. The hedge fund run by Richard Gerson held 217,089 shares of the transportation services company at the end of 2017Q3, valued at $6.24M, up from 163,289 at the end of the previous reported quarter. Falcon Edge Capital Lp who had been investing in Makemytrip Limited Mauritius for a number of months, seems to be bullish on the $3.09B market cap company. The stock decreased 0.97% or $0.3 during the last trading session, reaching $30.6. About 210,232 shares traded. MakeMyTrip Limited (NASDAQ:MMYT) has risen 111.67% since January 31, 2017 and is uptrending. It has outperformed by 94.97% the S&P500.

Kevin Kotler decreased its stake in Retrophin Inc (RTRX) by 40.01% based on its latest 2017Q3 regulatory filing with the SEC. Broadfin Capital Llc sold 1.15 million shares as the company’s stock declined 17.61% while stock markets rallied. The hedge fund run by Kevin Kotler held 1.72M shares of the health care company at the end of 2017Q3, valued at $42.74M, down from 2.86 million at the end of the previous reported quarter. Broadfin Capital Llc who had been investing in Retrophin Inc for a number of months, seems to be less bullish one the $939.82 million market cap company. The stock decreased 2.01% or $0.49 during the last trading session, reaching $23.91. About 123,217 shares traded. Retrophin, Inc. (NASDAQ:RTRX) has risen 4.93% since January 31, 2017 and is uptrending. It has underperformed by 11.77% the S&P500.

Analysts await Retrophin, Inc. (NASDAQ:RTRX) to report earnings on March, 7. After $-0.46 actual EPS reported by Retrophin, Inc. for the previous quarter, Wall Street now forecasts -56.52% EPS growth.

Among 4 analysts covering Retrophin (NASDAQ:RTRX), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Retrophin had 7 analyst reports since August 12, 2015 according to SRatingsIntel. The stock has “Buy” rating by Zacks on Wednesday, August 12. The firm has “Outperform” rating by BMO Capital Markets given on Tuesday, April 12. BMO Capital Markets maintained the shares of RTRX in report on Tuesday, November 7 with “Buy” rating. The firm earned “Mkt Outperform” rating on Monday, November 2 by JMP Securities. BMO Capital Markets maintained Retrophin, Inc. (NASDAQ:RTRX) on Friday, October 6 with “Buy” rating.

Broadfin Capital Llc, which manages about $1.26 billion and $676.01M US Long portfolio, upped its stake in Horizon Pharma Plc (NASDAQ:HZNP) by 2.10 million shares to 3.10M shares, valued at $39.28 million in 2017Q3, according to the filing. It also increased its holding in Nuvasive Inc (NASDAQ:NUVA) by 32,100 shares in the quarter, for a total of 88,000 shares, and has risen its stake in La Jolla Pharmaceutical Co (NASDAQ:LJPC).

Investors sentiment increased to 1.62 in 2017 Q3. Its up 0.46, from 1.16 in 2017Q2. It increased, as 12 investors sold RTRX shares while 25 reduced holdings. 20 funds opened positions while 40 raised stakes. 40.07 million shares or 1.15% more from 39.61 million shares in 2017Q2 were reported. Sphera Funds Management Limited has invested 0.62% in Retrophin, Inc. (NASDAQ:RTRX). Public Employees Retirement Association Of Colorado invested 0% of its portfolio in Retrophin, Inc. (NASDAQ:RTRX). State Of Wisconsin Investment Board reported 28,000 shares. Oak Ridge Llc has 0.75% invested in Retrophin, Inc. (NASDAQ:RTRX). Moreover, Thompson Davis has 0.01% invested in Retrophin, Inc. (NASDAQ:RTRX). Point72 Asset Lp holds 0.05% or 475,571 shares in its portfolio. State Board Of Administration Of Florida Retirement Sys reported 23,645 shares stake. The Georgia-based Voya Investment Ltd has invested 0% in Retrophin, Inc. (NASDAQ:RTRX). 652,052 were reported by Tiaa Cref Invest Mngmt Limited Com. Paloma Prtnrs Mgmt reported 15,503 shares stake. Rock Springs Capital Management LP holds 400,000 shares or 0.46% of its portfolio. 132,132 were accumulated by Jpmorgan Chase Comm. State Common Retirement Fund, New York-based fund reported 40,900 shares. Dimensional Fund Advsr LP has 0.01% invested in Retrophin, Inc. (NASDAQ:RTRX). 2.69M are held by Perceptive Advisors Limited Liability Company.

Since August 16, 2017, it had 0 insider purchases, and 2 selling transactions for $53,651 activity. McFarlane Neil F. had sold 1,378 shares worth $31,005 on Wednesday, August 16.