As Abiomed (ABMD) Share Value Rose, Shareholder Brown Capital Management Has Lifted Holding; Apollo Global Mgmt (APO) Shareholder Cheyne Capital Management Uk Llp Has Increased Holding

May 23, 2018 - By Peter Erickson

ABIOMED, Inc. (NASDAQ:ABMD) Logo

Jonathan Lourie increased its stake in Apollo Global Mgmt Llc (APO) by 223% based on its latest 2017Q4 regulatory filing with the SEC. Cheyne Capital Management Uk Llp bought 79,258 shares as the company’s stock declined 11.11% with the market. The hedge fund run by Jonathan Lourie held 114,800 shares of the finance company at the end of 2017Q4, valued at $3.84 million, up from 35,542 at the end of the previous reported quarter. Cheyne Capital Management Uk Llp who had been investing in Apollo Global Mgmt Llc for a number of months, seems to be bullish on the $12.39 billion market cap company. The stock decreased 0.03% or $0.01 during the last trading session, reaching $30.65. About 887,612 shares traded. Apollo Global Management, LLC (NYSE:APO) has risen 28.97% since May 23, 2017 and is uptrending. It has outperformed by 17.42% the S&P500.

Brown Capital Management Llc increased its stake in Abiomed Inc (ABMD) by 3.11% based on its latest 2017Q4 regulatory filing with the SEC. Brown Capital Management Llc bought 43,076 shares as the company’s stock rose 49.46% while stock markets declined. The institutional investor held 1.43M shares of the health care company at the end of 2017Q4, valued at $268.02 million, up from 1.39 million at the end of the previous reported quarter. Brown Capital Management Llc who had been investing in Abiomed Inc for a number of months, seems to be bullish on the $17.14 billion market cap company. The stock increased 1.89% or $7.18 during the last trading session, reaching $386.35. About 439,568 shares traded. ABIOMED, Inc. (NASDAQ:ABMD) has risen 128.67% since May 23, 2017 and is uptrending. It has outperformed by 117.12% the S&P500.

More news for ABIOMED, Inc. (NASDAQ:ABMD) were recently published by: Seekingalpha.com, which released: “ABIOMED (ABMD) Q4 2018 Results – Earnings Call Transcript” on May 03, 2018. Benzinga.com‘s article titled: “Abiomed Earnings Outlook” and published on May 02, 2018 is yet another important article.

Brown Capital Management Llc, which manages about $7.02 billion and $8.24 billion US Long portfolio, decreased its stake in Alphabet Inc by 318 shares to 3,343 shares, valued at $3.52M in 2017Q4, according to the filing. It also reduced its holding in Nuance Communications Inc (NASDAQ:NUAN) by 45,187 shares in the quarter, leaving it with 441,455 shares, and cut its stake in Pros Holdings Inc (NYSE:PRO).

Investors sentiment decreased to 1.18 in Q4 2017. Its down 0.12, from 1.3 in 2017Q3. It worsened, as 19 investors sold ABMD shares while 110 reduced holdings. 55 funds opened positions while 97 raised stakes. 36.44 million shares or 5.39% less from 38.51 million shares in 2017Q3 were reported. Invesco Ltd holds 0.01% in ABIOMED, Inc. (NASDAQ:ABMD) or 186,449 shares. Ameriprise Fincl invested 0.01% of its portfolio in ABIOMED, Inc. (NASDAQ:ABMD). 87,006 are held by Group Inc. Madrona Finance Service Limited Liability holds 0.63% or 4,000 shares in its portfolio. 137,552 were reported by Sei Investments Company. Bbva Compass National Bank owns 1,571 shares. Tci Wealth Advsr accumulated 44 shares. Cibc Ww Markets invested 0.01% in ABIOMED, Inc. (NASDAQ:ABMD). Dynamic Mgmt Ltd has 0.18% invested in ABIOMED, Inc. (NASDAQ:ABMD). Alliancebernstein Ltd Partnership invested 0.01% in ABIOMED, Inc. (NASDAQ:ABMD). State Of Tennessee Treasury Department holds 40,000 shares or 0.03% of its portfolio. Two Sigma Limited Liability Company owns 0.01% invested in ABIOMED, Inc. (NASDAQ:ABMD) for 1,720 shares. Messner & Smith Theme Value Limited Ca invested 1.96% in ABIOMED, Inc. (NASDAQ:ABMD). Thompson Davis & Com has 175 shares. Utah Retirement has 7,600 shares for 0.03% of their portfolio.

Since February 20, 2018, it had 0 insider buys, and 5 insider sales for $31.65 million activity. 17,500 shares were sold by Howley Michael G, worth $6.09M on Monday, May 7. PUHY DOROTHY E also sold $4.70 million worth of ABIOMED, Inc. (NASDAQ:ABMD) shares. Greenfield Andrew J sold $5.41 million worth of ABIOMED, Inc. (NASDAQ:ABMD) on Tuesday, February 20. BOLT WILLIAM J also sold $7.93M worth of ABIOMED, Inc. (NASDAQ:ABMD) on Monday, May 7.

Among 15 analysts covering Abiomed (NASDAQ:ABMD), 12 have Buy rating, 0 Sell and 3 Hold. Therefore 80% are positive. Abiomed had 36 analyst reports since August 4, 2015 according to SRatingsIntel. Jefferies maintained ABIOMED, Inc. (NASDAQ:ABMD) on Tuesday, June 6 with “Buy” rating. The company was maintained on Wednesday, August 5 by Piper Jaffray. Jefferies maintained ABIOMED, Inc. (NASDAQ:ABMD) on Thursday, December 21 with “Buy” rating. The firm has “Buy” rating given on Friday, February 2 by Stephens. The stock of ABIOMED, Inc. (NASDAQ:ABMD) has “Overweight” rating given on Thursday, April 6 by PiperJaffray. The firm has “Equal-Weight” rating given on Tuesday, May 1 by Morgan Stanley. Morgan Stanley maintained the shares of ABMD in report on Friday, February 2 with “Equal-Weight” rating. The firm has “Outperform” rating by Raymond James given on Friday, October 30. Leerink Swann maintained the stock with “Outperform” rating in Wednesday, May 4 report. The rating was maintained by Leerink Swann with “Buy” on Thursday, October 12.

Cheyne Capital Management Uk Llp, which manages about $8.62B and $229.68M US Long portfolio, decreased its stake in Monsanto Co New (NYSE:MON) by 388,283 shares to 263,217 shares, valued at $30.76M in 2017Q4, according to the filing. It also reduced its holding in Nasdaq Inc (NASDAQ:NDAQ) by 198,608 shares in the quarter, leaving it with 4,305 shares, and cut its stake in Akorn Inc (NASDAQ:AKRX).

Among 16 analysts covering Apollo Global Management (NYSE:APO), 13 have Buy rating, 0 Sell and 3 Hold. Therefore 81% are positive. Apollo Global Management had 66 analyst reports since July 30, 2015 according to SRatingsIntel. On Thursday, December 10 the stock rating was initiated by Jefferies with “Hold”. The firm earned “Neutral” rating on Tuesday, August 11 by Goldman Sachs. The stock has “Outperform” rating by Wells Fargo on Monday, February 6. On Wednesday, June 28 the stock rating was maintained by Jefferies with “Buy”. The stock of Apollo Global Management, LLC (NYSE:APO) has “Neutral” rating given on Monday, February 5 by Credit Suisse. Citigroup maintained Apollo Global Management, LLC (NYSE:APO) rating on Thursday, November 2. Citigroup has “Buy” rating and $38 target. The rating was maintained by Wood on Monday, July 11 with “Market Perform”. Deutsche Bank maintained it with “Hold” rating and $33 target in Friday, April 6 report. The stock of Apollo Global Management, LLC (NYSE:APO) earned “Outperform” rating by Oppenheimer on Friday, July 14. Keefe Bruyette & Woods maintained Apollo Global Management, LLC (NYSE:APO) on Wednesday, January 10 with “Buy” rating.

Investors sentiment is 1.22 in 2017 Q4. Its the same as in 2017Q3. It is flat, as 27 investors sold APO shares while 45 reduced holdings. only 36 funds opened positions while 52 raised stakes. 133.07 million shares or 0.56% less from 133.81 million shares in 2017Q3 were reported. Robeco Institutional Asset Management Bv invested 0.04% of its portfolio in Apollo Global Management, LLC (NYSE:APO). Northwestern Mutual Wealth Management has 0% invested in Apollo Global Management, LLC (NYSE:APO) for 196 shares. Md Sass Services Inc has 92,900 shares. 38,000 are owned by Wall Street Access Asset Mgmt Ltd Limited Liability Company. New Amsterdam Partners Ltd Liability Ny reported 73,652 shares stake. Pzena Investment Llc has invested 0.05% in Apollo Global Management, LLC (NYSE:APO). Dreman Value L L C holds 0.21% or 11,141 shares. Oppenheimer & invested in 91,737 shares or 0.08% of the stock. Tiger Management Ltd Limited Liability Company accumulated 675,481 shares. Hollencrest Capital Management owns 13,973 shares or 0.06% of their US portfolio. Old Natl Retail Bank In holds 0.03% or 16,631 shares in its portfolio. 350 are owned by Winfield Associate Incorporated. Hillman reported 2.43% of its portfolio in Apollo Global Management, LLC (NYSE:APO). Thompson Davis & invested 0.11% in Apollo Global Management, LLC (NYSE:APO). The Massachusetts-based Arrowstreet Cap Lp has invested 0.1% in Apollo Global Management, LLC (NYSE:APO).

More recent Apollo Global Management, LLC (NYSE:APO) news were published by: Seekingalpha.com which released: “Apollo names new bosses at Qdoba” on May 14, 2018. Also Benzinga.com published the news titled: “Morgan Stanley Is Out Positive On Apollo: 3 Reasons To Buy” on May 21, 2018. Seekingalpha.com‘s news article titled: “Apollo Global Management’s (APO) Management on Q1 2018 Results – Earnings Call Transcript” with publication date: May 03, 2018 was also an interesting one.

Apollo Global Management, LLC (NYSE:APO) Institutional Positions Chart

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