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Illumina (NASDAQ:ILMN) Director Roy A. Whitfield sold 4,000 shares of Illumina stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $169.28, for a total transaction of $677,120.00. Following the completion of the transaction, the director now directly owns 11,738 shares in the company, valued at approximately $1,987,009. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Several analysts have recently commented on the stock. Analysts at Wedbush upgraded shares of Illumina from a “neutral” rating to an “outperform” rating in a research note on Wednesday. They now have a $200.00 price target on the stock, up previously from $165.00. Separately, analysts at Stifel Nicolaus initiated coverage on shares of Illumina in a research note on Monday, August 11th. They set a “buy” rating and a $200.00 price target on the stock. Finally, analysts at Goldman Sachs raised their price target on shares of Illumina from $184.00 to $187.00 in a research note on Tuesday, August 5th. Four equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $178.92.

Shares of Illumina (NASDAQ:ILMN) traded up 1.94% on Wednesday, hitting $173.80. The stock had a trading volume of 726,446 shares. Illumina has a 1-year low of $72.77 and a 1-year high of $185.00. The stock has a 50-day moving average of $170.1 and a 200-day moving average of $160.3. The company has a market cap of $24.228 billion and a price-to-earnings ratio of 113.89.

Illumina (NASDAQ:ILMN) last announced its earnings data on Wednesday, July 23rd. The company reported $0.57 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.50 by $0.07. The company had revenue of $448.00 million for the quarter, compared to the consensus estimate of $426.50 million. During the same quarter in the prior year, the company posted $0.43 earnings per share. The company’s quarterly revenue was up 29.5% on a year-over-year basis. On average, analysts predict that Illumina will post $2.29 earnings per share for the current fiscal year.

Illumina, Inc (NASDAQ:ILMN) is a developer and manufacturer of life science tools and integrated systems for the analysis of genetic variation and function.

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