Nicholas Investment Partners LP Has Raised Its Stake in Insulet (PODD) by $1.00 Million; Ipg Investment Advisors Continues to Hold Stake in Western Digital Com (WDC)

June 15, 2018 - By Michael Collier

Insulet Corporation (NASDAQ:PODD) Logo

Ipg Investment Advisors Llc increased its stake in Western Digital Corp Com (WDC) by 137.09% based on its latest 2018Q1 regulatory filing with the SEC. Ipg Investment Advisors Llc bought 112,685 shares as the company’s stock declined 3.22% with the market. The institutional investor held 194,885 shares of the electronic components company at the end of 2018Q1, valued at $17.98 billion, up from 82,200 at the end of the previous reported quarter. Ipg Investment Advisors Llc who had been investing in Western Digital Corp Com for a number of months, seems to be bullish on the $24.70B market cap company. The stock decreased 0.37% or $0.31 during the last trading session, reaching $82.55. About 3.51M shares traded. Western Digital Corporation (NASDAQ:WDC) has declined 3.27% since June 15, 2017 and is downtrending. It has underperformed by 15.84% the S&P500. Some Historical WDC News: 26/04/2018 – Western Digital quarterly revenue rises 7.8 pct; 11/04/2018 – Western Digital Introduces Purpose-Built Surveillance Card for Trusted, 24/7, Next-Gen Video Capture; 15/05/2018 – WESTERN DIGITAL CORP – AT LEAST 50 PERCENT OF SHARE REPURCHASES ARE TARGETED FOR REMAINDER OF CURRENT FISCAL QUARTER; 26/04/2018 – Western Digital 3Q EPS 20c; 15/03/2018 – Western Digital Forms Golden Cross: Technicals; 09/03/2018 – Western Digital to invest $4.6bn in joint venture with Toshiba; 26/04/2018 – WESTERN DIGITAL 3Q NET REV. $5.0B, EST. $4.93B; 26/04/2018 – Western Digital 3Q Net $61M; 15/05/2018 – WDC SUCCESSFULLY REPRICES $2.455B OF USD TERM B LOANS; 10/05/2018 – Western Digital to Participate at Investor Conference

Nicholas Investment Partners Lp increased its stake in Insulet Corp (PODD) by 41.66% based on its latest 2018Q1 regulatory filing with the SEC. Nicholas Investment Partners Lp bought 11,662 shares as the company’s stock rose 20.87% while stock markets declined. The institutional investor held 39,654 shares of the medical and dental instruments company at the end of 2018Q1, valued at $3.44M, up from 27,992 at the end of the previous reported quarter. Nicholas Investment Partners Lp who had been investing in Insulet Corp for a number of months, seems to be bullish on the $5.82 billion market cap company. The stock decreased 2.78% or $2.83 during the last trading session, reaching $99.1. About 566,587 shares traded or 31.25% up from the average. Insulet Corporation (NASDAQ:PODD) has risen 117.40% since June 15, 2017 and is uptrending. It has outperformed by 104.83% the S&P500. Some Historical PODD News: 03/05/2018 – INSULET 1Q LOSS/SHR 11C, EST. LOSS/SHR 19C; 25/04/2018 – Hartford Growth Opportunities HLS Adds Insulet; 01/05/2018 – INSULET ESTABLISHES TWO SIGNIFICANT COMMERCIAL PARTNERSHIPS TO; 03/05/2018 – Insulet Reports First Quarter 2018 Revenue of $123.6 Million, Up 21% Year-Over-Year, and Gross Margin of 61.4%, Up 300 Basis; 22/04/2018 – DJ Insulet Corporation, Inst Holders, 1Q 2018 (PODD); 28/03/2018 – INSULET CORP PODD.O : COWEN AND COMPANY RAISES TARGET PRICE TO $100 FROM $90; 03/05/2018 – INSULET REPORTS FIRST QUARTER 2018 REVENUE OF $123.6 MILLION, UP 21% YEAR-OVER-YEAR, AND GROSS MARGIN OF 61.4%, UP 300 BASIS POINTS, EXCEEDING EXPECTATIONS; 04/05/2018 – Contify Life Sci: Insulet Achieves Key Milestones to Support its Transition to Direct Operations in Europe on July 1, 2018; 03/05/2018 – INSULET CORP PODD.O – FOR THE QUARTER ENDING JUNE 30, 2018, THE COMPANY IS INTRODUCING REVENUE GUIDANCE IN THE RANGE OF $130 TO $134 MILLION; 03/05/2018 – INSULET CORP PODD.O : FOR THE YEAR ENDING DECEMBER 31, 2018, THE COMPANY IS RAISING ITS REVENUE GUIDANCE TO A RANGE OF $565 TO $580 MILLION

Ipg Investment Advisors Llc, which manages about $978.63 million and $306.84B US Long portfolio, decreased its stake in Alphabet Inc Cap Stk Cl C by 104 shares to 708 shares, valued at $730.51 million in 2018Q1, according to the filing. It also reduced its holding in Ishares Tr Core S&P Small (IJR) by 194 shares in the quarter, leaving it with 3,193 shares, and cut its stake in Johnson & Johnson Com (NYSE:JNJ).

More news for Western Digital Corporation (NASDAQ:WDC) were recently published by: Forbes.com, which released: “What Are Western Digital’s Key Sources Of Revenue?” on June 12, 2018. Investorplace.com‘s article titled: “Ride Out the Volatility in Micron Technology, Inc. Stock” and published on June 14, 2018 is yet another important article.

Since January 29, 2018, it had 0 insider buys, and 19 sales for $33.27 million activity. 90,755 shares were sold by MILLIGAN STEPHEN D, worth $8.00 million. $693,064 worth of stock was sold by LONG MARK P on Friday, March 9. LAMBERT MICHAEL D sold $991,202 worth of Western Digital Corporation (NASDAQ:WDC) on Wednesday, May 16. Shares for $942,109 were sold by Sivaram Srinivasan. Shares for $556,051 were sold by DENERO HENRY T on Tuesday, June 5. $288,193 worth of Western Digital Corporation (NASDAQ:WDC) shares were sold by Price Paula A.

Among 38 analysts covering Western Digital (NASDAQ:WDC), 27 have Buy rating, 1 Sell and 10 Hold. Therefore 71% are positive. Western Digital had 175 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Western Digital Corporation (NASDAQ:WDC) earned “Buy” rating by Jefferies on Thursday, June 2. Mizuho maintained Western Digital Corporation (NASDAQ:WDC) rating on Friday, January 26. Mizuho has “Buy” rating and $105.0 target. UBS initiated the shares of WDC in report on Thursday, September 10 with “Sell” rating. The rating was maintained by Craig Hallum with “Buy” on Monday, March 5. Cowen & Co maintained Western Digital Corporation (NASDAQ:WDC) rating on Wednesday, August 23. Cowen & Co has “Buy” rating and $117.0 target. Needham maintained the shares of WDC in report on Thursday, January 26 with “Strong Buy” rating. As per Wednesday, September 13, the company rating was downgraded by Summit Redstone Partners. The firm has “Market Perform” rating by Cowen & Co given on Monday, April 11. On Friday, April 27 the stock rating was maintained by Benchmark with “Buy”. As per Tuesday, November 14, the company rating was initiated by Wells Fargo.

Investors sentiment decreased to 0.98 in 2018 Q1. Its down 0.09, from 1.07 in 2017Q4. It dropped, as 55 investors sold WDC shares while 244 reduced holdings. 93 funds opened positions while 201 raised stakes. 242.29 million shares or 0.38% less from 243.21 million shares in 2017Q4 were reported. Sumitomo Mitsui Asset Mngmt Com Limited holds 0.03% in Western Digital Corporation (NASDAQ:WDC) or 20,596 shares. State Of Tennessee Treasury Department invested in 813,355 shares. Lazard Asset Limited Liability invested in 69,270 shares. Chevy Chase Trust Hldgs Incorporated holds 0.1% of its portfolio in Western Digital Corporation (NASDAQ:WDC) for 252,382 shares. Wolverine Asset Mgmt Ltd Company accumulated 7,057 shares. Advisor Ptnrs Ltd Co has invested 0.13% in Western Digital Corporation (NASDAQ:WDC). Banque Pictet & Cie Sa owns 51,231 shares. Supplemental Annuity Collective Tru Of Nj reported 11,000 shares. Etrade Mngmt invested in 16,829 shares. Davidson Kempner Cap Mngmt Ltd Partnership invested in 0.04% or 18,000 shares. Campbell Inv Adviser Lc owns 4,088 shares or 0.32% of their US portfolio. Nexus Investment Mngmt owns 3.28% invested in Western Digital Corporation (NASDAQ:WDC) for 231,783 shares. Great West Life Assurance Can stated it has 389,703 shares or 0.09% of all its holdings. Highstreet Asset Mngmt owns 14,051 shares or 0.08% of their US portfolio. Affinity Inv Advsrs Ltd Limited Liability Company owns 124,551 shares.

Among 21 analysts covering Insulet Corporation (NASDAQ:PODD), 15 have Buy rating, 1 Sell and 5 Hold. Therefore 71% are positive. Insulet Corporation had 60 analyst reports since July 29, 2015 according to SRatingsIntel. Robert W. Baird maintained Insulet Corporation (NASDAQ:PODD) on Friday, January 12 with “Buy” rating. As per Monday, July 10, the company rating was maintained by Canaccord Genuity. Robert W. Baird maintained the shares of PODD in report on Thursday, September 7 with “Buy” rating. Canaccord Genuity maintained the stock with “Buy” rating in Wednesday, May 23 report. The stock of Insulet Corporation (NASDAQ:PODD) has “Buy” rating given on Thursday, February 22 by Northland Capital. The stock of Insulet Corporation (NASDAQ:PODD) has “Buy” rating given on Wednesday, March 28 by Cowen & Co. Benchmark upgraded the stock to “Buy” rating in Friday, February 26 report. Robert W. Baird upgraded it to “Outperform” rating and $47 target in Friday, January 6 report. The firm earned “Outperform” rating on Friday, November 6 by Northland Capital. The stock of Insulet Corporation (NASDAQ:PODD) has “Equal-Weight” rating given on Thursday, February 22 by Morgan Stanley.

Since March 6, 2018, it had 0 buys, and 14 insider sales for $6.72 million activity. $607,623 worth of stock was sold by Thomas Bradley A on Wednesday, March 14. Lemoine David A also sold $92,064 worth of Insulet Corporation (NASDAQ:PODD) on Tuesday, May 1. The insider Petrovic Shacey sold $101,312. Colleran David sold $427,405 worth of Insulet Corporation (NASDAQ:PODD) on Tuesday, May 15. On Wednesday, March 14 Fallon John A. sold $756,913 worth of Insulet Corporation (NASDAQ:PODD) or 9,000 shares. Another trade for 7,090 shares valued at $600,169 was made by Alpuche Charles on Thursday, March 15.

Investors sentiment decreased to 1.08 in 2018 Q1. Its down 0.55, from 1.63 in 2017Q4. It is negative, as 25 investors sold PODD shares while 64 reduced holdings. 44 funds opened positions while 52 raised stakes. 62.11 million shares or 1.90% more from 60.95 million shares in 2017Q4 were reported. Wasatch Advisors stated it has 0.45% of its portfolio in Insulet Corporation (NASDAQ:PODD). Primecap Mngmt Com Ca has 0.32% invested in Insulet Corporation (NASDAQ:PODD) for 4.95M shares. Atlantic Ltd Liability Com invested in 0.01% or 17,695 shares. Invesco has 59,199 shares for 0% of their portfolio. Polar Capital Limited Liability Partnership has invested 0.31% of its portfolio in Insulet Corporation (NASDAQ:PODD). Hsbc Public Limited Company has invested 0% of its portfolio in Insulet Corporation (NASDAQ:PODD). Axa reported 76,682 shares or 0.03% of all its holdings. 62,749 were accumulated by Sumitomo Mitsui Asset Limited. Fred Alger Management Inc has 1.93M shares for 0.78% of their portfolio. Canada Pension Plan Inv Board invested 0.01% of its portfolio in Insulet Corporation (NASDAQ:PODD). Envestnet Asset Mngmt Inc owns 1,683 shares or 0% of their US portfolio. Sectoral Asset Mgmt accumulated 94,509 shares. Hennessy Advsr Inc stated it has 0.03% in Insulet Corporation (NASDAQ:PODD). 734 were accumulated by Glob X Mngmt Limited Liability Co. Jefferies Ltd Liability owns 19,627 shares or 0.01% of their US portfolio.

Western Digital Corporation (NASDAQ:WDC) Institutional Positions Chart

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