Exact Sciences Corp (NASDAQ:EXAS) Q4 2016 Institutional Investor Sentiment Steady

Marco Green
August 30, 2017

Harvey Management invested 0.06% of its portfolio in EXACT Sciences Corporation (NASDAQ:EXAS). About 118,539 shares traded. It has outperformed by 441.54% the S&P500.The move comes after 7 months negative chart setup for the $4.78 billion company.

Willis Investment Counsel increased Dollar General Corp (NYSE:DG) stake by 25,330 shares to 121,539 valued at $9.00 million in 2016Q4.

Pier Capital Llc decreased Rsp Permian Inc (NYSE:RSPP) stake by 34,252 shares to 125,783 valued at $5.61M in 2016Q4. (ARCC)'s stock declined 6.68%. The Harvest Capital Strategies Llc holds 1.00M shares with $15.98M value, up from 900,000 last quarter. Baker Hughes Inc now has $40.10 billion valuation.

The stock increased 3.05% or $1.22 during the last trading session, reaching $41.18. In this case, shares are down -18.1% from $40.83, the 52-week high touched on February 23, 2017, and are keeping their losses at 1.77% for the past 12 months.

Exact Sciences Corporation (NASDAQ:EXAS)'s performance this year to date is 208.23%. It has underperformed by 24.96% the S&P500.

Investors sentiment decreased to 0.99 in Q4 2016. Krilogy Financial LLC raised its stake in Exact Sciences Corporation by 1,460.0% in the second quarter. The ratio dropped, as 98 funds started new and increased holdings, while 91 decreased and sold stock positions in Exact Sciences Corp. 31 funds opened positions while 67 raised stakes. Institutions are now holders of 87.50% of the shares. Signalpoint Asset Management Limited Liability Corporation invested in 0.19% or 55,172 shares. For shareholders, given the total diluted outstanding shares of 112.85 million, this means overall earnings per share of -0.27. JPMorgan Chase & Co. now owns 4,985,657 shares of the medical research company's stock worth $117,761,000 after buying an additional 2,468,376 shares during the last quarter. Virginia Retirement Et Al reported 0% of its portfolio in EXACT Sciences Corporation (NASDAQ:EXAS). The legal version of this news story can be read at https://weekherald.com/2017/08/29/brokerages-anticipate-exact-sciences-corporation-exas-to-announce-0-31-earnings-per-share.html. Citadel Advisors Limited Liability Corp has 198,774 shares for 0% of their portfolio. Chickasaw Ltd Liability holds 0.04% of its portfolio in Merck & Co., Inc. Eagle Asset Management holds 1.56 million shares. Moreover, Princeton Alpha Management LP has 0.05% invested in EXACT Sciences Corporation (NASDAQ:EXAS) for 18,767 shares.

Exact Sciences Corporation (EXAS)'s average Piotroski F-Score: 6 during the last 7 years. Hightower Advsrs Ltd Liability Com accumulated 281,252 shares or 0.04% of the stock. Note, this compares with a consensus analyst forecast of -0.31 in earnings per share for its next fiscal quarterly report. State Street Corp stated it has 5.55 million shares. Gilder Gagnon Howe & Ltd Com reported 0.98% stake. On the other hand, company insiders are holding 2.10%. Barrick Gold Corp (USA) (NYSE:ABX) has declined 8.26% since August 27, 2016 and is downtrending. Therefore 60% are positive. The firm has "Buy" rating given on Thursday, July 20 by Canaccord Genuity. Wells Fargo & Co Mn has 0% invested in EXACT Sciences Corporation (NASDAQ:EXAS) for 210,591 shares. The stock of Imax Corp (USA) (NYSE:IMAX) has "Buy" rating given on Friday, July 21 by Piper Jaffray. The company was maintained on Monday, July 17 by BTIG Research. (The) set a $33.00 target price on shares of Exact Sciences Corporation and gave the company a neutral rating in a research note on Monday, May 1st. The firm has "Buy" rating given on Wednesday, May 31 by Benchmark. (NYSE:MRK) earned "Buy" rating by SunTrust on Friday, July 28. The firm earned "Buy" rating on Thursday, July 20 by Canaccord Genuity.

Since February 26, 2017, it had 0 insider purchases, and 5 insider sales for $514,021 activity. The insider LIDGARD GRAHAM PETER sold $62,316. Conroy Kevin T sold 12,059 shares worth $255,168. The stock of EXACT Sciences Corporation (NASDAQ:EXAS) has "Sell" rating given on Friday, February 26 by Empire. Therefore 69% are positive. Ares Capital had 16 analyst reports since August 21, 2015 according to SRatingsIntel. Janney Montgomery Scott LLC now owns 65,748 shares of the medical research company's stock valued at $1,553,000 after buying an additional 38,570 shares in the last quarter. Johnson Financial invested in 3,725 shares or 0.01% of the stock. The company was maintained on Tuesday, July 18 by Canaccord Genuity. The firm has "Hold" rating given on Thursday, August 3 by RBC Capital Markets. Lake Street upgraded the shares of EXAS in report on Friday, July 24 to "Buy" rating.

The SMA20 for the stock is at 6.39 percent, SMA50 stands at 9.61 percent, while SMA200 is 58.38 Percent, according to Finviz reported data. Pier Capital Llc acquired 130,274 shares as Exact Sciences Corp (EXAS)'s stock rose 53.09%. The company was upgraded on Tuesday, August 18 by BNP Paribas.

New South Capital Management Inc decreased Pool Corp. It also reduced Firstcash Inc stake by 11,581 shares and now owns 914,887 shares. Copa Holdings Sa (NYSE:CPA) was reduced too.

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