Robert S. Epstein Sells 1,250 Shares of Illumina, Inc. (ILMN) Stock
Illumina, Inc. (NASDAQ:ILMN) Director Robert S. Epstein sold 1,250 shares of the stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $226.55, for a total transaction of $283,187.50. Following the completion of the sale, the director now owns 9,088 shares of the company’s stock, valued at approximately $2,058,886.40. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Illumina, Inc. (NASDAQ ILMN) traded down $2.39 during midday trading on Tuesday, reaching $211.06. 1,050,098 shares of the company’s stock traded hands, compared to its average volume of 958,333. The company has a quick ratio of 3.73, a current ratio of 4.22 and a debt-to-equity ratio of 0.41. The firm has a market cap of $32,885.04, a price-to-earnings ratio of 65.86, a price-to-earnings-growth ratio of 3.72 and a beta of 0.79. Illumina, Inc. has a 52 week low of $119.37 and a 52 week high of $230.72.
Illumina (NASDAQ:ILMN) last posted its quarterly earnings results on Tuesday, October 24th. The life sciences company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.12. The company had revenue of $714.00 million for the quarter, compared to analyst estimates of $692.77 million. Illumina had a net margin of 30.34% and a return on equity of 19.42%. The business’s quarterly revenue was up 17.6% on a year-over-year basis. During the same period last year, the business posted $0.97 EPS. sell-side analysts forecast that Illumina, Inc. will post 3.75 earnings per share for the current year.
A number of research firms have recently weighed in on ILMN. Barclays restated an “equal weight” rating and set a $150.00 price target on shares of Illumina in a report on Wednesday, August 9th. Vetr upgraded shares of Illumina from a “hold” rating to a “buy” rating and set a $209.78 price target on the stock in a report on Wednesday, August 9th. BidaskClub upgraded shares of Illumina from a “sell” rating to a “hold” rating in a report on Monday, August 7th. Goldman Sachs Group restated a “neutral” rating and set a $200.00 price target on shares of Illumina in a report on Tuesday, September 26th. Finally, Canaccord Genuity restated a “buy” rating and set a $230.00 price target (up previously from $215.00) on shares of Illumina in a report on Thursday, October 12th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $201.98.
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Illumina, Inc (Illumina) is a provider of sequencing- and array-based solutions for genetic analysis. The Company operates through two segments: Core Illumina and the consolidated variable interest entities (VIEs), which include the activities of GRAIL, Inc (GRAIL) and Helix Holdings I, LLC (Helix). Core Illumina consists of its core operations.
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