Illumina, Inc. (ILMN) SVP Sells $32,552.50 in Stock
Illumina, Inc. (NASDAQ:ILMN) SVP Charles Dadswell sold 145 shares of the firm’s stock in a transaction dated Wednesday, January 3rd. The shares were sold at an average price of $224.50, for a total transaction of $32,552.50. Following the completion of the transaction, the senior vice president now directly owns 7,411 shares in the company, valued at approximately $1,663,769.50. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Charles Dadswell also recently made the following trade(s):
- On Monday, December 4th, Charles Dadswell sold 145 shares of Illumina stock. The shares were sold at an average price of $225.33, for a total transaction of $32,672.85.
- On Friday, November 3rd, Charles Dadswell sold 1,609 shares of Illumina stock. The shares were sold at an average price of $207.88, for a total transaction of $334,478.92.
Shares of Illumina, Inc. (NASDAQ ILMN) traded up $2.67 during mid-day trading on Thursday, reaching $232.99. 860,600 shares of the company’s stock were exchanged, compared to its average volume of 801,399. Illumina, Inc. has a twelve month low of $130.25 and a twelve month high of $233.54. The stock has a market capitalization of $34,020.00, a PE ratio of 43.96, a P/E/G ratio of 3.07 and a beta of 0.79. The company has a current ratio of 4.22, a quick ratio of 3.73 and a debt-to-equity ratio of 0.41.
ILMN has been the subject of a number of recent research reports. Leerink Swann reiterated an “outperform” rating and issued a $225.00 price objective (up from $207.00) on shares of Illumina in a research note on Tuesday, September 12th. Argus raised their price target on shares of Illumina from $205.00 to $235.00 and gave the company a “buy” rating in a report on Wednesday, September 13th. Vetr raised shares of Illumina from a “hold” rating to a “buy” rating and set a $217.50 price target for the company in a report on Tuesday, September 19th. Goldman Sachs Group reaffirmed a “neutral” rating and set a $200.00 price objective on shares of Illumina in a report on Tuesday, September 26th. Finally, Piper Jaffray Companies reaffirmed an “overweight” rating and set a $226.00 price objective (up from $202.00) on shares of Illumina in a report on Monday, October 9th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and fourteen have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $207.74.
A number of institutional investors and hedge funds have recently bought and sold shares of ILMN. Winslow Capital Management LLC bought a new position in Illumina during the second quarter valued at $211,584,000. HPM Partners LLC lifted its position in Illumina by 29,103.8% during the second quarter. HPM Partners LLC now owns 751,999 shares of the life sciences company’s stock valued at $107,724,000 after purchasing an additional 749,424 shares during the last quarter. Fred Alger Management Inc. lifted its position in Illumina by 611.9% during the second quarter. Fred Alger Management Inc. now owns 637,597 shares of the life sciences company’s stock valued at $110,636,000 after purchasing an additional 548,030 shares during the last quarter. TIAA CREF Investment Management LLC lifted its position in Illumina by 55.6% during the second quarter. TIAA CREF Investment Management LLC now owns 1,475,669 shares of the life sciences company’s stock valued at $256,058,000 after purchasing an additional 527,548 shares during the last quarter. Finally, Capital World Investors lifted its holdings in shares of Illumina by 23.8% in the 2nd quarter. Capital World Investors now owns 2,135,000 shares of the life sciences company’s stock worth $370,465,000 after acquiring an additional 410,000 shares during the last quarter. 91.60% of the stock is owned by institutional investors.
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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.
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