Basswood Capital Management Increased Sussex Bancorp (SBBX) Holding, Camber Capital Management Boosted Its Nektar Therapeutics (NKTR) Position

June 1, 2017 - By Vivian Park

Basswood Capital Management Llc increased Sussex Bancorp (SBBX) stake by 31.55% reported in 2016Q4 SEC filing. Basswood Capital Management Llc acquired 65,488 shares as Sussex Bancorp (SBBX)’s stock rose 9.69%. The Basswood Capital Management Llc holds 273,061 shares with $5.71M value, up from 207,573 last quarter. Sussex Bancorp now has $119.30 million valuation. The stock declined 0.82% or $0.21 reaching $25.34 on the news. About 2,920 shares traded. Sussex Bancorp (NASDAQ:SBBX) has risen 89.35% since June 1, 2016 and is uptrending. It has outperformed by 72.65% the S&P500.

Camber Capital Management Llc increased Nektar Therapeutics (NKTR) stake by 87.5% reported in 2016Q4 SEC filing. Camber Capital Management Llc acquired 2.80 million shares as Nektar Therapeutics (NKTR)’s stock rose 44.66%. The Camber Capital Management Llc holds 6.00M shares with $73.62 million value, up from 3.20M last quarter. Nektar Therapeutics now has $3.25B valuation. The stock rose 0.67% or $0.13 reaching $20.01 per share. About 438,486 shares traded. Nektar Therapeutics (NASDAQ:NKTR) has risen 41.52% since June 1, 2016 and is uptrending. It has outperformed by 24.82% the S&P500.

Since December 7, 2016, it had 0 insider buys, and 27 insider sales for $17.32 million activity. ROBIN HOWARD W sold 8,636 shares worth $113,477. $51,827 worth of stock was sold by Thomsen Jillian B. on Tuesday, May 16. 2,959 shares were sold by Hora Maninder, worth $57,848 on Tuesday, May 16. Shares for $33,255 were sold by Doberstein Stephen K on Tuesday, May 16. Labrucherie Gil M had sold 3,179 shares worth $62,149 on Tuesday, May 16. On Thursday, February 16 the insider Gergel Ivan P. sold $19,145. On Monday, May 15 CHESS ROBERT sold $98,950 worth of Nektar Therapeutics (NASDAQ:NKTR) or 5,000 shares.

Among 3 analysts covering Nektar Therapeutics (NASDAQ:NKTR), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Nektar Therapeutics had 6 analyst reports since August 6, 2015 according to SRatingsIntel. On Monday, September 21 the stock rating was maintained by Roth Capital with “Buy”. The company was downgraded on Wednesday, August 26 by TheStreet. The rating was initiated by Aegis Capital on Tuesday, November 8 with “Buy”. The firm has “Overweight” rating given on Thursday, January 7 by Piper Jaffray. The firm earned “Buy” rating on Tuesday, May 30 by Roth Capital.

Investors sentiment increased to 2.42 in 2016 Q4. Its up 1.13, from 1.29 in 2016Q3. It is positive, as 22 investors sold NKTR shares while 28 reduced holdings. 33 funds opened positions while 88 raised stakes. 141.64 million shares or 8.47% more from 130.58 million shares in 2016Q3 were reported. Opus Point Mgmt Limited Liability Corp holds 1.8% of its portfolio in Nektar Therapeutics (NASDAQ:NKTR) for 184,328 shares. Bessemer Gp Inc reported 0% in Nektar Therapeutics (NASDAQ:NKTR). Dimensional Fund Advsrs Lp owns 15,321 shares for 0% of their portfolio. State Board Of Administration Of Florida Retirement Systems holds 102,949 shares. Allianz Asset Ag invested in 111,217 shares. Alliancebernstein Ltd Partnership holds 0% or 222,437 shares. Tiaa Cref Investment Mgmt Ltd Com stated it has 0.01% of its portfolio in Nektar Therapeutics (NASDAQ:NKTR). Manufacturers Life Ins The accumulated 186,041 shares. Thrivent Financial For Lutherans accumulated 82,150 shares. Louisiana State Employees Retirement System accumulated 61,400 shares. Gideon Cap Advisors reported 11,739 shares. 293,442 were accumulated by California State Teachers Retirement System. Moreover, Numeric Investors Limited Liability Co has 0.01% invested in Nektar Therapeutics (NASDAQ:NKTR). Parkside Bank & Trust & Tru reported 0% of its portfolio in Nektar Therapeutics (NASDAQ:NKTR). 417,312 are held by Millennium Management Ltd Limited Liability Company.

Among 2 analysts covering Sussex Bancorp (NASDAQ:SBBX), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Sussex Bancorp had 2 analyst reports since January 14, 2016 according to SRatingsIntel. The firm has “Outperform” rating by Hovde Group given on Friday, July 29. The stock of Sussex Bancorp (NASDAQ:SBBX) earned “Outperform” rating by Keefe Bruyette & Woods on Thursday, January 14.

Investors sentiment decreased to 1.5 in 2016 Q4. Its down 0.83, from 2.33 in 2016Q3. It dropped, as 1 investors sold SBBX shares while 5 reduced holdings. 2 funds opened positions while 7 raised stakes. 1.46 million shares or 4.07% more from 1.40 million shares in 2016Q3 were reported. Deutsche State Bank Ag holds 0% or 7,185 shares. Blackrock Fund Advisors, California-based fund reported 754 shares. 51,308 were accumulated by Vanguard Group. Blackrock Invest Limited Liability Corp holds 0% or 678 shares in its portfolio. Elizabeth Park Capital Advsr Ltd owns 200 shares. Basswood Cap Mngmt Limited Company reported 0.25% in Sussex Bancorp (NASDAQ:SBBX). Bank Of America Corporation De reported 208 shares stake. Renaissance Technologies Ltd Limited Liability Company has 0% invested in Sussex Bancorp (NASDAQ:SBBX). Pl Capital Ltd Com invested in 102,882 shares. Highlander Capital Mngmt Ltd Company, a New Jersey-based fund reported 2,488 shares. 27,303 were reported by Wells Fargo & Com Mn. Seidman Lawrence B reported 254,317 shares. Dimensional Fund Advsrs Lp stated it has 92,806 shares. Goldman Sachs Gp holds 0% of its portfolio in Sussex Bancorp (NASDAQ:SBBX) for 10,433 shares. Pnc Svcs Gru Inc holds 0% in Sussex Bancorp (NASDAQ:SBBX) or 28,754 shares.

Basswood Capital Management Llc decreased Tri Pointe Group Inc. (NYSE:TPH) stake by 188,770 shares to 7,029 valued at $81,000 in 2016Q4. It also reduced Heritage Oaks Bancorp (NASDAQ:HEOP) stake by 1.62M shares and now owns 503,770 shares. Citizens Financial Group Inc. (NYSE:CFG) was reduced too.