As Randgold Res LTD (GOLD) Market Valuation Declined, Prince Street Capital Management Has Lifted Its Position by $4.43 Million; As Insmed (INSM) Valuation Declined, Holder Foresite Capital Management Ii Boosted Position

April 17, 2018 - By Richard Conner

Insmed Incorporated (NASDAQ:INSM) Logo

Jim Tanenbaum increased its stake in Insmed Incorporated (INSM) by 72.88% based on its latest 2017Q4 regulatory filing with the SEC. Foresite Capital Management Ii Llc bought 218,645 shares as the company’s stock declined 30.16% with the market. The hedge fund run by Jim Tanenbaum held 518,645 shares of the health care company at the end of 2017Q4, valued at $16.17 million, up from 300,000 at the end of the previous reported quarter. Foresite Capital Management Ii Llc who had been investing in Insmed Incorporated for a number of months, seems to be bullish on the $1.87B market cap company. The stock increased 2.66% or $0.6333 during the last trading session, reaching $24.4033. About 91,985 shares traded. Insmed Incorporated (NASDAQ:INSM) has risen 31.10% since April 17, 2017 and is uptrending. It has outperformed by 19.55% the S&P500.

Prince Street Capital Management Llc increased its stake in Randgold Res Ltd (GOLD) by 17.83% based on its latest 2017Q4 regulatory filing with the SEC. Prince Street Capital Management Llc bought 45,200 shares as the company’s stock declined 12.90% with the market. The institutional investor held 298,700 shares of the precious metals company at the end of 2017Q4, valued at $29.54 million, up from 253,500 at the end of the previous reported quarter. Prince Street Capital Management Llc who had been investing in Randgold Res Ltd for a number of months, seems to be bullish on the $7.52B market cap company. The stock increased 0.66% or $0.53 during the last trading session, reaching $81.29. About 117,796 shares traded. Randgold Resources Limited (NASDAQ:GOLD) has declined 7.20% since April 17, 2017 and is downtrending. It has underperformed by 18.75% the S&P500.

Among 18 analysts covering Randgold-Resources (NASDAQ:GOLD), 10 have Buy rating, 1 Sell and 7 Hold. Therefore 56% are positive. Randgold-Resources had 38 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has “Add” rating by Numis Securities on Monday, August 10. Citigroup downgraded Randgold Resources Limited (NASDAQ:GOLD) on Monday, April 18 to “Neutral” rating. The stock of Randgold Resources Limited (NASDAQ:GOLD) has “Overweight” rating given on Monday, February 12 by JP Morgan. JP Morgan maintained Randgold Resources Limited (NASDAQ:GOLD) on Monday, April 9 with “Neutral” rating. The firm has “Neutral” rating given on Tuesday, November 22 by Citigroup. The rating was upgraded by UBS on Friday, September 9 to “Buy”. The stock of Randgold Resources Limited (NASDAQ:GOLD) earned “Neutral” rating by JP Morgan on Thursday, April 7. As per Friday, November 6, the company rating was upgraded by Numis Securities. The stock of Randgold Resources Limited (NASDAQ:GOLD) has “Market Perform” rating given on Monday, March 14 by BMO Capital Markets. The company was initiated on Wednesday, September 7 by Berenberg.

Prince Street Capital Management Llc, which manages about $1.36 billion and $533.38M US Long portfolio, decreased its stake in Arcos Dorados Holdings Inc (NYSE:ARCO) by 92,800 shares to 683,000 shares, valued at $7.07M in 2017Q4, according to the filing. It also reduced its holding in Ishares Tr (Put) (EEM) by 1.34M shares in the quarter, leaving it with 800,000 shares, and cut its stake in Hdfc Bank Ltd (NYSE:HDB).

Investors sentiment decreased to 1 in Q4 2017. Its down 2.74, from 3.74 in 2017Q3. It turned negative, as 27 investors sold INSM shares while 40 reduced holdings. 18 funds opened positions while 49 raised stakes. 73.21 million shares or 49.25% less from 144.25 million shares in 2017Q3 were reported. Barclays Public Llc invested in 0% or 27,361 shares. Palo Alto Investors owns 6.40 million shares. California State Teachers Retirement Sys holds 120,610 shares or 0.01% of its portfolio. Jpmorgan Chase owns 207,190 shares. State Street owns 2.91M shares. 11,916 were reported by Jane Street Group Incorporated Limited Com. Emerald Advisers Inc Pa owns 859,011 shares for 1.03% of their portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) reported 4,662 shares. Ny State Common Retirement Fund stated it has 78,800 shares or 0% of all its holdings. Northern Trust Corporation holds 0.01% of its portfolio in Insmed Incorporated (NASDAQ:INSM) for 953,984 shares. Sectoral Asset accumulated 0.35% or 90,199 shares. Deutsche Bank Ag has 430,424 shares for 0.01% of their portfolio. The New York-based Alliancebernstein Lp has invested 0% in Insmed Incorporated (NASDAQ:INSM). Hbk LP has invested 0.01% of its portfolio in Insmed Incorporated (NASDAQ:INSM). Bnp Paribas Arbitrage reported 16,183 shares stake.

Insmed Incorporated (NASDAQ:INSM) Institutional Positions Chart

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>