Scharf Investments Lowered Cerner (CERN) Holding; Emagin Has 0.67 Sentiment

February 17, 2018 - By Elijah Rosenthal

eMagin Corporation designs, develops, makes, and markets organic light emitting diode on silicon micro displays; virtual imaging products that utilize OLED micro displays; and related products. The company has market cap of $56.03 million. It offers super video graphics array (SVGA) + OLED micro displays; digital SVGA OLED-XL; super extended graphics array OLED-XL and OLED-XL/XLS; video graphics array OLED-XL; widescreen ultra-extended graphics array OLED-XL; and WF05 prism optic with mounting brackets or combined with OLED micro displays to form an optic-display module. It currently has negative earnings. The firm also provides design reference kits, which include a micro display and associated electronics to help original equipment manufacturers (OEMs) evaluate micro display products; near-eye virtual imaging modules that incorporate its OLED-on-silicon micro displays with its lenses and electronic interfaces for integration into OEM products; immersive head mounted display products; and night vision smartphone camera attachment and goggles.

Scharf Investments Llc decreased Cerner Corp (CERN) stake by 3.39% reported in 2017Q3 SEC filing. Scharf Investments Llc sold 55,056 shares as Cerner Corp (CERN)’s stock rose 14.16%. The Scharf Investments Llc holds 1.57 million shares with $111.85 million value, down from 1.62 million last quarter. Cerner Corp now has $21.35B valuation. The stock decreased 0.28% or $0.18 during the last trading session, reaching $64.22. About 2.52 million shares traded or 7.68% up from the average. Cerner Corporation (NASDAQ:CERN) has risen 19.54% since February 17, 2017 and is uptrending. It has outperformed by 2.84% the S&P500.

First Washington Corp holds 1.29% of its portfolio in eMagin Corporation for 1.15 million shares. Awm Investment Company Inc. owns 3.26 million shares or 1.28% of their US portfolio. Moreover, Dorsey & Whitney Trust Co Llc has 0.01% invested in the company for 32,400 shares. The North Carolina-based Bank Of America Corp De has invested 0% in the stock. Bank Of Montreal Can, a Ontario – Canada-based fund reported 610 shares.

It closed at $1.6 lastly. It is down 39.66% since February 17, 2017 and is uptrending. It has outperformed by 22.96% the S&P500.

Analysts await eMagin Corporation (NYSEAMERICAN:EMAN) to report earnings on March, 27. They expect $-0.04 EPS, up 63.64% or $0.07 from last year’s $-0.11 per share. After $-0.09 actual EPS reported by eMagin Corporation for the previous quarter, Wall Street now forecasts -55.56% EPS growth.

Since September 1, 2017, it had 0 insider buys, and 5 selling transactions for $21.21 million activity. Shares for $7.01M were sold by Nill Michael. The insider SIMS RANDY D sold 60,000 shares worth $4.08M. Another trade for 50,000 shares valued at $3.50 million was sold by BURKE ZANE M. Another trade for 4,000 shares valued at $279,560 was sold by Battaglioli Michael R..

Among 27 analysts covering Cerner Corporation (NASDAQ:CERN), 12 have Buy rating, 1 Sell and 14 Hold. Therefore 44% are positive. Cerner Corporation had 97 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was downgraded by Stifel Nicolaus to “Sell” on Wednesday, August 5. Piper Jaffray maintained Cerner Corporation (NASDAQ:CERN) on Friday, October 27 with “Buy” rating. Stifel Nicolaus maintained the stock with “Sell” rating in Tuesday, September 15 report. The company was maintained on Monday, December 18 by Cantor Fitzgerald. The firm earned “Hold” rating on Monday, October 2 by Robert W. Baird. Oppenheimer maintained the stock with “Hold” rating in Monday, July 31 report. The firm earned “Buy” rating on Wednesday, September 16 by Canaccord Genuity. The company was downgraded on Thursday, December 1 by Leerink Swann. The company was maintained on Thursday, June 1 by Jefferies. The firm earned “Underperform” rating on Monday, November 7 by Bank of America.

Investors sentiment increased to 0.98 in Q3 2017. Its up 0.11, from 0.87 in 2017Q2. It is positive, as 44 investors sold CERN shares while 209 reduced holdings. 59 funds opened positions while 190 raised stakes. 263.89 million shares or 3.63% more from 254.64 million shares in 2017Q2 were reported. Cullinan Incorporated has invested 0.42% in Cerner Corporation (NASDAQ:CERN). Gargoyle Invest Advisor Limited Company invested in 21,813 shares. Raymond James And Associates owns 181,924 shares. City Holdg Com reported 119 shares. Moreover, Susquehanna Gru Limited Liability Partnership has 0% invested in Cerner Corporation (NASDAQ:CERN). Ameritas Investment Ptnrs Inc owns 38,946 shares. Ellington Lc holds 11,700 shares or 0.14% of its portfolio. Capital Guardian Tru stated it has 919,155 shares. Manufacturers Life Insurance The holds 0.03% of its portfolio in Cerner Corporation (NASDAQ:CERN) for 341,088 shares. Dnb Asset As has 310,768 shares. 97,821 are held by Mitchell Capital Co. Commerzbank Aktiengesellschaft Fi has invested 0.01% of its portfolio in Cerner Corporation (NASDAQ:CERN). 474,688 are owned by Stephens Inv Mngmt Llc. Guggenheim Cap Limited Liability Company stated it has 894,358 shares or 0.15% of all its holdings. Moreover, Td Asset Mngmt Incorporated has 0.02% invested in Cerner Corporation (NASDAQ:CERN).

Scharf Investments Llc increased Gentex Corp (NASDAQ:GNTX) stake by 116,104 shares to 6.20M valued at $122.67M in 2017Q3. It also upped Mckesson Corp (NYSE:MCK) stake by 5,405 shares and now owns 984,253 shares. L Brands Inc (LTD) was raised too.

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