Illumina, Inc. (NASDAQ:ILMN) Director Jay T. Flatley sold 20,000 shares of the business’s stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $212.55, for a total transaction of $4,251,000.00. Following the sale, the director now directly owns 505,980 shares in the company, valued at $107,546,049. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Shares of Illumina, Inc. (ILMN) traded up $0.69 on Thursday, reaching $214.67. 682,331 shares of the company were exchanged, compared to its average volume of 955,885. Illumina, Inc. has a twelve month low of $120.00 and a twelve month high of $230.72. The firm has a market cap of $31,510.00, a price-to-earnings ratio of 61.71, a P/E/G ratio of 3.49 and a beta of 0.79. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.73 and a current ratio of 4.22.

Illumina (NASDAQ:ILMN) last announced its earnings results on Tuesday, October 24th. The life sciences company reported $1.11 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.99 by $0.12. Illumina had a net margin of 30.34% and a return on equity of 19.42%. The firm had revenue of $714.00 million for the quarter, compared to analyst estimates of $692.77 million. During the same quarter in the prior year, the business posted $0.97 EPS. The business’s revenue was up 17.6% compared to the same quarter last year. analysts anticipate that Illumina, Inc. will post 3.75 earnings per share for the current year.

Large investors have recently made changes to their positions in the business. Paradigm Asset Management Co. LLC grew its position in shares of Illumina by 5.6% during the 2nd quarter. Paradigm Asset Management Co. LLC now owns 950 shares of the life sciences company’s stock worth $165,000 after purchasing an additional 50 shares in the last quarter. Patriot Financial Group Insurance Agency LLC grew its position in shares of Illumina by 1.4% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 3,126 shares of the life sciences company’s stock worth $528,000 after purchasing an additional 43 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in shares of Illumina by 298.7% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 10,447 shares of the life sciences company’s stock worth $1,813,000 after purchasing an additional 7,827 shares in the last quarter. Eagle Asset Management Inc. acquired a new position in shares of Illumina during the 2nd quarter worth approximately $27,175,000. Finally, Intellectus Partners LLC grew its position in shares of Illumina by 6.6% during the 2nd quarter. Intellectus Partners LLC now owns 10,783 shares of the life sciences company’s stock worth $1,871,000 after purchasing an additional 664 shares in the last quarter. Hedge funds and other institutional investors own 91.75% of the company’s stock.

Several equities research analysts have commented on the stock. BidaskClub cut shares of Illumina from a “buy” rating to a “hold” rating in a research report on Wednesday. Barclays reissued an “equal weight” rating and set a $150.00 price target on shares of Illumina in a research report on Wednesday, August 9th. Vetr upgraded shares of Illumina from a “hold” rating to a “buy” rating and set a $209.78 price objective on the stock in a research note on Wednesday, August 9th. Goldman Sachs Group restated a “neutral” rating and set a $200.00 price objective on shares of Illumina in a research note on Tuesday, September 26th. Finally, Canaccord Genuity restated a “buy” rating and set a $230.00 price objective (up from $215.00) on shares of Illumina in a research note on Thursday, October 12th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and fourteen have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $201.98.

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Illumina Company Profile

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.

Insider Buying and Selling by Quarter for Illumina (NASDAQ:ILMN)

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