Exact Sciences Corporation (EXAS) -Hot Watch to Target

Jeannie Matthews
January 14, 2018

The medical research company reported ($0.23) earnings per share for the quarter, topping the consensus estimate of ($0.30) by $0.07. Following the completion of the transaction, the chief executive officer now owns 967,867 shares in the company, valued at $57,239,654.38.

Looking into last 5 trades, the stock observed a return of nearly -0.78%. About 279,607 shares traded. It has been assigned a low target price of $41 and a high target price of $67. (EXAS) by 21.54% based on its latest 2017Q3 regulatory filing with the SEC.

In other news, COO Maneesh Arora sold 11,114 shares of the firm's stock in a transaction dated Monday, February 27th. The institutional investor held 5.16M shares of the major pharmaceuticals company at the end of 2017Q3, valued at $111.58M, up from 5.14 million at the end of the previous reported quarter. Antipodean Advisors Llc who had been investing in Exact Sciences Corp for a number of months, seems to be bullish on the $6.29 billion market cap company. Krilogy Financial LLC now owns 3,900 shares of the medical research company's stock worth $138,000 after acquiring an additional 3,650 shares in the last quarter. Arrowpoint Asset Management LLC now owns 3,096,934 shares of the company's stock valued at $41,375,000 after buying an additional 1,141,786 shares during the period. Cowen & Co maintained Exact Sciences Corporation (NASDAQ:EXAS) on Wednesday, May 31 with "Buy" rating. It has outperformed by 441.54% the S&P500.

Investors sentiment increased to 2.86 in Q3 2017. Exact Sciences Corporation (EXAS)'s value Change from Open was at 1.67% with a Gap of -0.17%. It increased, as 23 investors sold REG shares while 107 reduced holdings. Ameriprise Inc reported 50,148 shares. Finally, Granahan Investment Management Inc. Eventide Asset Mngmt Ltd holds 0.27% or 100,000 shares in its portfolio. Private Advisor Group Limited Liability Corporation accumulated 13,040 shares or 0.02% of the stock. Following the completion of the transaction, the senior vice president now owns 53,794 shares of the company's stock, valued at $1,155,495.12. Pictet Asset Mngmt invested 0.01% in Regency Centers Corporation (NYSE:REG). Wolverine Asset Mngmt holds 0.12% of its portfolio in Exact Sciences Corporation (NASDAQ:EXAS) for 225,613 shares. 108,861 are owned by Columbus Hill Capital Mgmt Limited Partnership. Cwm Ltd holds 0% in Regency Centers Corporation (NYSE:REG) or 282 shares. (NYSE:HUM) or 1,581 shares. Fiera Capital accumulated 93,416 shares. (NYSE:HUM) for 98,005 shares. Granahan Investment Management Inc.

Other analysts have also issued reports about the stock. The stock of Humana Inc. The stock has a market cap of $6,290.61, a PE ratio of -45.29 and a beta of 0.67. The rating was upgraded by Argus Research on Friday, June 9 to "Buy". The consensus rating is 2, indicating analysts in general look favorably on the company's future prospects. The stock has "Buy" rating by Craig Hallum on Wednesday, July 26. Bessemer holds 2,000 shares. The firm earned "Neutral" rating on Friday, November 10 by Credit Suisse.

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Since August 23, 2017, it had 0 insider buys, and 4 selling transactions for $69.60 million activity. (NYSE:HUM) was sold by BILNEY JODY L. $5.79M worth of Humana Inc. The insider BROUSSARD BRUCE D sold 12,000 shares worth $3.02 million. Ameritas has 3,655 shares. The company had a trading volume of 1,291,003 shares. It also increased its holding in Mfa Financial Inc. The analyst recommendations from a month ago are 10 Buy, 0 Overweight, 0 Sell, 1 Hold and 0 Underweight. Exact Sciences Corporation (NASDAQ:EXAS) has risen 458.24% since December 31, 2016 and is uptrending. They expect $-0.29 EPS, up 14.71% or $0.05 from last year's $-0.34 per share.

Analysts await Exact Sciences Corporation (NASDAQ:EXAS) to report earnings on February, 20. Jefferies maintained the shares of EXAS in report on Friday, October 20 with "Buy" rating. Therefore 53% are positive. Leerink Swann reiterated an "outperform" rating and issued a $50.00 target price (up from $45.00) on shares of EXACT Sciences in a report on Thursday, September 21st. The rating was maintained by Bank of America with "Buy" on Tuesday, October 31. The firm has "Hold" rating given on Wednesday, November 1 by BTIG Research. Sanctuary Wealth Advisors Llc who had been investing in Exact Sciences Corporation for a number of months, seems to be less bullish one the $6.29B market cap company. The stock has "Buy" rating by Jefferies on Thursday, February 25. Benchmark downgraded the stock to "Hold" rating in Tuesday, October 6 report.

Investors sentiment decreased to 1.01 in Q3 2017. Its up 1.59, from 1.27 in 2017Q2.

Exact Sciences Corporation (EXAS) shares were closed at $53.12 a share in the latest session and the stock value gain nearly 1.49% since the beginning of this year. 44 funds opened positions while 77 raised stakes. Nationwide Fund Advisors accumulated 24,648 shares. National Bank Of New York Mellon Corp accumulated 661,937 shares. Washington-based Parametric Port Assoc Lc has invested 0.01% in Exact Sciences Corporation (NASDAQ:EXAS). Moreover, Natl Planning has 0.06% invested in Regency Centers Corporation (NYSE:REG) for 5,052 shares. Moneta Gp Invest Advisors Lc has 0.05% invested in Exact Sciences Corporation (NASDAQ:EXAS). The stock of Exact Sciences Corporation (NASDAQ:EXAS) earned "Buy" rating by Craig Hallum on Wednesday, July 26. State Board Of Administration Of Florida Retirement Systems owns 30,737 shares for 0% of their portfolio. Omeros Corporation (NASDAQ:OMER) has risen 42.59% since December 31, 2016 and is uptrending. Adams Diversified Equity Fund has 19,200 shares. Hsbc Public Ltd owns 0% invested in Exact Sciences Corporation (NASDAQ:EXAS) for 7,334 shares.

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