Genomic Health, Inc. (NASDAQ:GHDX) COO Frederic Pla sold 43,500 shares of the business’s stock in a transaction on Wednesday, November 7th. The stock was sold at an average price of $84.91, for a total value of $3,693,585.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Frederic Pla also recently made the following trade(s):
- On Monday, October 8th, Frederic Pla sold 1,500 shares of Genomic Health stock. The shares were sold at an average price of $65.43, for a total value of $98,145.00.
Genomic Health stock opened at $81.67 on Friday. The firm has a market capitalization of $3.23 billion, a P/E ratio of 8,167.00 and a beta of 0.44. Genomic Health, Inc. has a 52 week low of $26.54 and a 52 week high of $92.18.
GHDX has been the subject of several analyst reports. Zacks Investment Research lowered Genomic Health from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 24th. Piper Jaffray Companies upped their target price on Genomic Health from $34.00 to $50.00 and gave the company a “neutral” rating in a research note on Friday, July 27th. Jefferies Financial Group reiterated a “hold” rating and issued a $50.00 target price on shares of Genomic Health in a research note on Friday, August 3rd. Canaccord Genuity upped their target price on Genomic Health from $56.00 to $62.00 and gave the company a “buy” rating in a research note on Friday, August 3rd. Finally, Cowen reiterated a “hold” rating and issued a $50.00 target price on shares of Genomic Health in a research note on Monday, August 6th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, two have given a buy rating and two have given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $48.33.
Large investors have recently made changes to their positions in the business. Bank of New York Mellon Corp increased its stake in Genomic Health by 30.7% during the second quarter. Bank of New York Mellon Corp now owns 122,246 shares of the medical research company’s stock worth $6,161,000 after acquiring an additional 28,710 shares during the last quarter. Millennium Management LLC increased its stake in Genomic Health by 114.0% during the second quarter. Millennium Management LLC now owns 1,446,250 shares of the medical research company’s stock worth $72,891,000 after acquiring an additional 770,413 shares during the last quarter. Teacher Retirement System of Texas acquired a new stake in Genomic Health during the second quarter worth about $213,000. State of Wisconsin Investment Board increased its stake in Genomic Health by 40.7% during the second quarter. State of Wisconsin Investment Board now owns 21,100 shares of the medical research company’s stock worth $1,063,000 after acquiring an additional 6,100 shares during the last quarter. Finally, Sei Investments Co. increased its stake in Genomic Health by 3,653.2% during the second quarter. Sei Investments Co. now owns 25,447 shares of the medical research company’s stock worth $1,282,000 after acquiring an additional 24,769 shares during the last quarter. Institutional investors own 89.90% of the company’s stock.
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Genomic Health Company Profile
Genomic Health, Inc, a healthcare company, provides actionable genomic information to personalize cancer treatment decisions worldwide. It develops and commercializes genomic-based clinical laboratory services that analyze the underlying biology of cancer, allowing physicians and patients to make individualized treatment decisions.
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