(INCY) PT Set at $125.00 by Oppenheimer Holdings Inc

Marco Green
May 24, 2017

Over the last 90 days, insiders acquired 3,000 shares of company stock valued at $398,770 and sold 137,968 shares valued at $19,395,245. The business's quarterly revenue was up 45.8% compared to the same quarter past year. Incyte Corp now has $28.52 billion valuation. The stock rose 0.59% or $0.79 reaching $135.22. The company saw 1.2 million shares trade hands over the course of the day.

Shares of Incyte (NASDAQ:INCY) traded up 1.29% on Wednesday, reaching $136.16. It has outperformed by 56.14% the S&P500. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The stock was purchased at an average price of $115.00 per share, for a total transaction of $57,500.00. Incyte Corp now has $28.24B valuation. The stock showed weekly upbeat performance of 0.59%, which was maintained for the month at 2.69%. Incyte Corporation (NASDAQ:INCY) has risen 72.84% since May 22, 2016 and is uptrending. It has underperformed by 5.47% the S&P500.

Since November 15, 2016, it had 2 buys, and 13 insider sales for $30.96 million activity. 32,000 shares valued at $4.41M were sold by Stein Steven H on Friday, April 7.

In other Incyte news, EVP Reid M. Huber sold 8,577 shares of the firm's stock in a transaction that occurred on Monday, May 8th. Fortaleza Asset Management holds 0.01% in Incyte Corporation (NASDAQ:INCY) or 35 shares. Flannelly Barry P sold $660,564 worth of stock. Given that liquidity is king in short-term, INCY is a stock with 200.68 million shares outstanding that normally trades 2.18% of its float.

Investors sentiment increased to 1.23 in 2016 Q4. Its down 0.57, from 1.83 in 2016Q3. Large investors have recently bought and sold shares of the stock. Sold All: 32 Reduced: 130 Increased: 133 New Position: 66. 173.11 million shares or 1.04% more from 171.33 million shares in 2016Q3 were reported. Wall Street Assoc holds 0.76% or 124,110 shares in its portfolio.

Shares of Incyte Co. (NYSE:CAT). Golub Gp Ltd Liability Corporation reported 10,965 shares. Manning Napier Advsrs Limited reported 3.77M shares or 2.84% of all its holdings. Us Savings Bank De stated it has 0% of its portfolio in Incyte Corporation (NASDAQ:INCY). One obvious way to identify high earnings per share growth companies is to find companies that have demonstrated such growth over the past 5 to 10 years. Moreover, Highbridge Cap Management Lc has 0.01% invested in Incyte Corporation (NASDAQ:INCY) for 2,915 shares. Noting its average daily volume at 1.37 million shares each day over the month, this signifies a pretty significant change over the norm. Monetta Svcs reported 1.48% of its portfolio in Incyte Corporation (NASDAQ:INCY). Asymmetry Capital Management L.P. increased its stake in shares of Incyte by 46.6% in the third quarter. Blackrock Inv Mngmt Ltd Limited Liability Company has 109,872 shares. Metropolitan Life Insur Ny has 0.01% invested in Incyte Corporation (NASDAQ:INCY) for 11,184 shares. Ithaka Grp Incorporated Ltd holds 88,436 shares. Utd Services Automobile Association holds 0.03% of its portfolio in Incyte Corporation (NASDAQ:INCY) for 79,367 shares. Next Fincl Group Inc invested in 0% or 650 shares. Cam Group A S owns 126,132 shares. On average, analysts expect that Incyte Co. will post ($0.76) earnings per share for the current year. Incyte had 43 analyst reports since August 6, 2015 according to SRatingsIntel. The firm now has a buy rating on the biopharmaceutical company's stock.

Incyte (NASDAQ:INCY) last issued its earnings results on Thursday, May 4th.

04/04/2017 - Incyte Corporation had its "outperform" rating reiterated by analysts at RBC Capital. The rating was maintained by Argus Research on Monday, September 26 with "Buy".

05/11/2017 - Oppenheimer began new coverage on Incyte Corporation giving the company a "perform" rating. They now have a buy rating on the biopharmaceutical company's stock.

03/21/2017 - William Blair began new coverage on Incyte Corporation giving the company a "outperform" rating. Brean Capital maintained the stock with "Buy" rating in Friday, February 12 report. They set an outperform rating and a $137.00 price target for the company. The company was maintained on Wednesday, August 10 by Barclays Capital.

Capital Fund Management Sa decreased International Business Machines Corp (NYSE:IBM) stake by 300,070 shares to 113,730 valued at $18.88M in 2016Q4. It also upped Teradata Corp Del (NYSE:TDC) stake by 19,711 shares and now owns 120,444 shares. Computer Sciences Corp (NYSE:CSC) was reduced too. Five investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Therefore 47% are positive. Caterpillar Inc. had 54 analyst reports since July 27, 2015 according to SRatingsIntel. The stock has "Overweight" rating by Pacific Crest on Friday, January 20. The firm earned "Buy" rating on Tuesday, August 18 by Vetr. Credit Suisse upgraded the stock to "Outperform" rating in Monday, February 6 report. The stock has "Outperform" rating by Raymond James on Thursday, September 29. An increasing ROE indicates that a company is improving its ability to make profit without requiring as much capital. The rating was downgraded by Deutsche Bank on Thursday, December 17 to "Hold".

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