As Seattle Genetics (SGEN) Share Value Rose, Shareholder Capital Guardian Trust Company Raised Its Stake; Nxp Semiconductors N V (NXPI) Holder Marco Investment Management Has Decreased Its Position by $937,900 as Stock Rose

February 17, 2018 - By Darrin Black

Capital Guardian Trust Company increased its stake in Seattle Genetics Inc (SGEN) by 82.16% based on its latest 2017Q3 regulatory filing with the SEC. Capital Guardian Trust Company bought 480,044 shares as the company’s stock rose 1.68% with the market. The institutional investor held 1.06M shares of the health care company at the end of 2017Q3, valued at $57.91 million, up from 584,256 at the end of the previous reported quarter. Capital Guardian Trust Company who had been investing in Seattle Genetics Inc for a number of months, seems to be bullish on the $8.46 billion market cap company. The stock decreased 0.67% or $0.37 during the last trading session, reaching $54.48. About 965,192 shares traded. Seattle Genetics, Inc. (NASDAQ:SGEN) has risen 75.68% since February 17, 2017 and is uptrending. It has outperformed by 58.98% the S&P500.

Marco Investment Management Llc decreased its stake in Nxp Semiconductors N V (NXPI) by 11.82% based on its latest 2017Q3 regulatory filing with the SEC. Marco Investment Management Llc sold 8,300 shares as the company’s stock rose 5.22% with the market. The institutional investor held 61,900 shares of the semiconductors company at the end of 2017Q3, valued at $7.00 million, down from 70,200 at the end of the previous reported quarter. Marco Investment Management Llc who had been investing in Nxp Semiconductors N V for a number of months, seems to be less bullish one the $40.18 billion market cap company. The stock increased 1.35% or $1.58 during the last trading session, reaching $118.5. About 5.10 million shares traded or 87.75% up from the average. NXP Semiconductors N.V. (NASDAQ:NXPI) has risen 24.67% since February 17, 2017 and is uptrending. It has outperformed by 7.97% the S&P500.

Marco Investment Management Llc, which manages about $888.82 million and $636.46M US Long portfolio, upped its stake in Exxon Mobil Corp (NYSE:XOM) by 14,370 shares to 132,991 shares, valued at $10.90M in 2017Q3, according to the filing. It also increased its holding in Apache Corp (NYSE:APA) by 29,055 shares in the quarter, for a total of 153,130 shares, and has risen its stake in Wal (NYSE:WMT).

Among 28 analysts covering NXP Semiconductors NV (NASDAQ:NXPI), 8 have Buy rating, 1 Sell and 19 Hold. Therefore 29% are positive. NXP Semiconductors NV had 64 analyst reports since August 3, 2015 according to SRatingsIntel. As per Tuesday, August 2, the company rating was initiated by Robert W. Baird. As per Friday, October 28, the company rating was downgraded by Morgan Stanley. Jefferies maintained NXP Semiconductors N.V. (NASDAQ:NXPI) rating on Friday, April 29. Jefferies has “Buy” rating and $130 target. The rating was downgraded by Bernstein to “Market Perform” on Thursday, October 26. The stock has “Hold” rating by Drexel Hamilton on Thursday, October 26. The firm has “Hold” rating by Oppenheimer given on Thursday, August 3. The company was maintained on Wednesday, November 18 by FBR Capital. On Thursday, October 26 the stock rating was maintained by Jefferies with “Hold”. The stock has “Outperform” rating by Raymond James on Tuesday, April 19. The rating was downgraded by Suntrust Robinson to “Hold” on Friday, October 28.

Capital Guardian Trust Company, which manages about $5.75 billion US Long portfolio, decreased its stake in Trimble Inc (NASDAQ:TRMB) by 13,535 shares to 1.18M shares, valued at $46.49M in 2017Q3, according to the filing. It also reduced its holding in Wynn Resorts Ltd (NASDAQ:WYNN) by 3,437 shares in the quarter, leaving it with 224,500 shares, and cut its stake in Eli Lilly And Co (NYSE:LLY).

Since August 24, 2017, it had 1 insider buy, and 16 insider sales for $189.84 million activity. The insider SIEGALL CLAY B sold $973,873. $407,199 worth of Seattle Genetics, Inc. (NASDAQ:SGEN) shares were sold by DRACHMAN JONATHAN G. SIMPSON TODD E had sold 9,638 shares worth $501,176 on Wednesday, September 6. 6,377 shares were sold by HIMES VAUGHN B, worth $305,423 on Monday, August 28. The insider DOBMEIER ERIC sold $255,900. 3.85M Seattle Genetics, Inc. (NASDAQ:SGEN) shares with value of $200.00 million were bought by BAKER BROS. ADVISORS LP.

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