Contrarius Investment Management LTD Boosted By $2.15 Million Its Myriad Genetics (MYGN) Stake; Steadfast Advisors LP Decreased Amazon Com (AMZN) Position By $1.75 Million

July 18, 2017 - By wolcottdaily

Contrarius Investment Management Ltd increased Myriad Genetics Inc (MYGN) stake by 50.29% reported in 2016Q4 SEC filing. Contrarius Investment Management Ltd acquired 134,664 shares as Myriad Genetics Inc (MYGN)’s stock rose 13.21%. The Contrarius Investment Management Ltd holds 402,435 shares with $6.71M value, up from 267,771 last quarter. Myriad Genetics Inc now has $1.64B valuation. The stock decreased 0.16% or $0.04 during the last trading session, reaching $24.7. About shares traded. Myriad Genetics, Inc. (NASDAQ:MYGN) has declined 37.47% since July 18, 2016 and is downtrending. It has underperformed by 54.17% the S&P500.

Steadfast Advisors Lp decreased Amazon Com Inc (AMZN) stake by 66.7% reported in 2016Q4 SEC filing. Steadfast Advisors Lp sold 2,331 shares as Amazon Com Inc (AMZN)’s stock rose 13.58%. The Steadfast Advisors Lp holds 1,164 shares with $873,000 value, down from 3,495 last quarter. Amazon Com Inc now has $483.34B valuation. The stock increased 0.82% or $8.23 during the last trading session, reaching $1010.04. About 2,112 shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since July 18, 2016 and is uptrending. It has outperformed by 20.71% the S&P500.

Among 18 analysts covering Myriad Genetics (NASDAQ:MYGN), 2 have Buy rating, 5 Sell and 11 Hold. Therefore 11% are positive. Myriad Genetics had 36 analyst reports since July 21, 2015 according to SRatingsIntel. Bank of America downgraded the stock to “Underperform” rating in Friday, July 29 report. The company was maintained on Wednesday, May 4 by Avondale. The stock has “Sell” rating by Ladenburg Thalmann on Monday, October 10. Barclays Capital downgraded the shares of MYGN in report on Wednesday, August 10 to “Equal-Weight” rating. The stock of Myriad Genetics, Inc. (NASDAQ:MYGN) earned “Hold” rating by Piper Jaffray on Thursday, July 13. On Wednesday, November 4 the stock rating was maintained by Mizuho with “Neutral”. As per Wednesday, May 4, the company rating was maintained by Leerink Swann. The firm has “Neutral” rating given on Wednesday, February 8 by Ladenburg Thalmann. The firm has “Underweight” rating given on Wednesday, August 10 by Morgan Stanley. The stock has “Buy” rating by Deutsche Bank on Thursday, January 7.

Contrarius Investment Management Ltd decreased New York Times Co (NYSE:NYT) stake by 793,534 shares to 7.52 million valued at $100.00 million in 2016Q4. It also reduced Natera Inc stake by 129,947 shares and now owns 510,014 shares. Potash Corp Sask Inc (NYSE:POT) was reduced too.

Investors sentiment increased to 1.1 in 2016 Q4. Its up 0.13, from 0.97 in 2016Q3. It increased, as 31 investors sold MYGN shares while 66 reduced holdings. 36 funds opened positions while 71 raised stakes. 77.40 million shares or 3.10% less from 79.87 million shares in 2016Q3 were reported. Contrarius Invest Limited reported 402,435 shares or 0.5% of all its holdings. Wells Fargo Mn holds 352,481 shares. Glenmede Trust Na holds 0% or 1,153 shares. Eqis Cap Mgmt accumulated 16,205 shares. National Bank Of Montreal Can invested 0% in Myriad Genetics, Inc. (NASDAQ:MYGN). Blackrock Institutional Trust Na, a California-based fund reported 1.76 million shares. Northwestern Mutual Wealth Mgmt holds 0% of its portfolio in Myriad Genetics, Inc. (NASDAQ:MYGN) for 520 shares. Creative Planning has 5,700 shares. 1.07 million were reported by Deutsche National Bank & Trust Ag. Alliancebernstein Lp accumulated 0% or 106,660 shares. Clearline LP reported 41,334 shares or 0.31% of all its holdings. Dekabank Deutsche Girozentrale has invested 0% of its portfolio in Myriad Genetics, Inc. (NASDAQ:MYGN). 91,698 are held by Blackrock. State Farm Mutual Automobile Insurance reported 0.01% stake. Bridgeway Management accumulated 27,000 shares.

Since February 22, 2017, it had 1 insider purchase, and 0 insider sales for $111,930 activity. The insider HENDERSON JOHN T bought $111,930.

Investors sentiment decreased to 1.26 in 2016 Q4. Its down 0.03, from 1.29 in 2016Q3. It is negative, as 126 investors sold AMZN shares while 478 reduced holdings. 157 funds opened positions while 606 raised stakes. 293.60 million shares or 2.70% less from 301.74 million shares in 2016Q3 were reported. Generation Inv Mgmt Ltd Liability Partnership accumulated 159,969 shares. Financial Advisory Serv reported 0.08% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Exchange Mgmt invested in 2.93% or 10,257 shares. First Personal Financial Services reported 0.23% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). University Of Notre Dame Du Lac owns 6,464 shares or 1.94% of their US portfolio. Wedge Mgmt L LP Nc, North Carolina-based fund reported 318 shares. Bingham Osborn & Scarborough Limited Liability Company has 6,867 shares. Cornerstone Advsr has invested 0.41% in Amazon.com, Inc. (NASDAQ:AMZN). Motley Fool Wealth Mgmt Ltd Liability reported 51,441 shares or 4.11% of all its holdings. The Minnesota-based Foundry Ptnrs has invested 0.05% in Amazon.com, Inc. (NASDAQ:AMZN). Stonebridge Cap Advsrs Ltd has invested 0.97% in Amazon.com, Inc. (NASDAQ:AMZN). Natl Com Tx holds 18,515 shares or 0.81% of its portfolio. Balyasny Asset Ltd holds 9,519 shares or 0.04% of its portfolio. Sustainable Growth Advisers Limited Partnership has 4.15% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 277,349 shares. Proshare Advsrs Ltd, a Maryland-based fund reported 153,046 shares.

Steadfast Advisors Lp increased Wix Com Ltd (NASDAQ:WIX) stake by 7,156 shares to 157,864 valued at $7.03 million in 2016Q4. It also upped Pnc Finl Svcs Group Inc (NYSE:PNC) stake by 19,303 shares and now owns 45,826 shares. Marathon Pete Corp (NYSE:MPC) was raised too.

Since February 15, 2017, it had 0 insider purchases, and 22 sales for $977.75 million activity. Shares for $2.70 million were sold by WILKE JEFFREY A on Monday, June 5. Blackburn Jeffrey M had sold 4,787 shares worth $4.01M on Wednesday, February 15. On Tuesday, May 30 the insider ALBERG TOM A sold $800,000. Shares for $3.41 million were sold by RYDER THOMAS O on Wednesday, March 1. On Tuesday, February 21 the insider Zapolsky David sold $427,550. BEZOS JEFFREY P sold $940.74 million worth of stock. Jassy Andrew R also sold $1.93 million worth of Amazon.com, Inc. (NASDAQ:AMZN) shares.

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