Genomic Health, Inc. (NASDAQ:GHDX) CEO Kimberly J. Popovits sold 25,000 shares of the firm’s stock in a transaction on Tuesday, October 16th. The stock was sold at an average price of $66.26, for a total value of $1,656,500.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Kimberly J. Popovits also recently made the following trade(s):
- On Tuesday, October 16th, Kimberly J. Popovits sold 50,000 shares of Genomic Health stock. The stock was sold at an average price of $65.28, for a total value of $3,264,000.00.
Shares of NASDAQ:GHDX traded down $2.11 on Friday, hitting $81.67. 1,054,132 shares of the company’s stock were exchanged, compared to its average volume of 332,033. Genomic Health, Inc. has a 12 month low of $26.54 and a 12 month high of $92.18. The company has a market cap of $3.23 billion, a price-to-earnings ratio of 8,167.00 and a beta of 0.44.
GHDX has been the subject of a number of analyst reports. Zacks Investment Research upgraded Genomic Health from a “hold” rating to a “buy” rating and set a $67.00 price target for the company in a research report on Wednesday, August 29th. Piper Jaffray Companies raised their price target on Genomic Health from $34.00 to $50.00 and gave the stock a “neutral” rating in a research report on Friday, July 27th. Canaccord Genuity restated a “buy” rating and issued a $82.00 price target (up from $70.00) on shares of Genomic Health in a research report on Wednesday. Cowen restated a “hold” rating and issued a $50.00 price target on shares of Genomic Health in a research report on Monday, August 6th. Finally, Raymond James started coverage on Genomic Health in a research report on Tuesday, October 23rd. They issued a “market perform” rating for the company. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating, two have given a buy rating and two have given a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $48.33.
Several institutional investors have recently made changes to their positions in GHDX. Millennium Management LLC increased its stake in shares of 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 valued at $72,891,000 after buying an additional 770,413 shares during the period. Acadian Asset Management LLC increased its stake in shares of Genomic Health by 112.8% during the third quarter. Acadian Asset Management LLC now owns 525,376 shares of the medical research company’s stock valued at $36,891,000 after buying an additional 278,516 shares during the period. Renaissance Technologies LLC increased its stake in shares of Genomic Health by 18.8% during the second quarter. Renaissance Technologies LLC now owns 1,404,924 shares of the medical research company’s stock valued at $70,808,000 after buying an additional 222,324 shares during the period. FMR LLC increased its stake in shares of Genomic Health by 125.5% during the third quarter. FMR LLC now owns 299,542 shares of the medical research company’s stock valued at $21,034,000 after buying an additional 166,681 shares during the period. Finally, Castleark Management LLC purchased a new position in shares of Genomic Health during the second quarter valued at $6,370,000. Hedge funds and other institutional investors own 89.90% of the company’s stock.
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About Genomic Health
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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