Omeros (OMER) Reaches $11.18 After 5.00% Up Move; Park West Asset Management Has Trimmed Blackhawk Network Hldgs (HAWK) Stake

February 15, 2018 - By Vivian Park

Park West Asset Management Llc decreased Blackhawk Network Hldgs Inc (HAWK) stake by 14.74% reported in 2017Q3 SEC filing. Park West Asset Management Llc sold 259,299 shares as Blackhawk Network Hldgs Inc (HAWK)’s stock rose 16.53%. The Park West Asset Management Llc holds 1.50 million shares with $65.70 million value, down from 1.76 million last quarter. Blackhawk Network Hldgs Inc now has $2.54 billion valuation. The stock increased 0.06% or $0.025 during the last trading session, reaching $44.775. About 223,125 shares traded. Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) has risen 34.41% since February 15, 2017 and is uptrending. It has outperformed by 17.71% the S&P500.

The stock of Omeros Corporation (NASDAQ:OMER) is a huge mover today! The stock decreased 0.62% or $0.07 during the last trading session, reaching $11.18. About 865,392 shares traded or 14.50% up from the average. Omeros Corporation (NASDAQ:OMER) has risen 42.59% since February 15, 2017 and is uptrending. It has outperformed by 25.89% the S&P500.The move comes after 9 months positive chart setup for the $536.68M company. It was reported on Feb, 15 by Barchart.com. We have $11.74 PT which if reached, will make NASDAQ:OMER worth $26.83 million more.

Analysts await Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) to report earnings on February, 21. They expect $0.87 earnings per share, down 3.33% or $0.03 from last year’s $0.9 per share. HAWK’s profit will be $49.43M for 12.87 P/E if the $0.87 EPS becomes a reality. After $-0.14 actual earnings per share reported by Blackhawk Network Holdings, Inc. for the previous quarter, Wall Street now forecasts -721.43% EPS growth.

Park West Asset Management Llc increased Liberty Media Corp Delaware stake by 1.28 million shares to 2.83 million valued at $71.42 million in 2017Q3. It also upped American Outdoor Brands Corp stake by 184,048 shares and now owns 2.29M shares. Tailored Brands Inc was raised too.

Among 14 analysts covering Blackhawk Network Holdings (NASDAQ:HAWK), 3 have Buy rating, 0 Sell and 11 Hold. Therefore 21% are positive. Blackhawk Network Holdings had 39 analyst reports since July 24, 2015 according to SRatingsIntel. As per Wednesday, July 29, the company rating was maintained by Argus Research. The rating was upgraded by CLSA to “Outperform” on Wednesday, September 21. The firm has “Neutral” rating by Bank of America given on Thursday, July 20. The rating was downgraded by First Analysis to “Hold” on Tuesday, January 23. Deutsche Bank maintained it with “Buy” rating and $54.0 target in Friday, December 11 report. The company was maintained on Tuesday, September 12 by BMO Capital Markets. The rating was initiated by Credit Suisse on Friday, December 11 with “Outperform”. The stock of Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) has “Neutral” rating given on Thursday, April 28 by Wedbush. The stock of Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) earned “Neutral” rating by Mizuho on Wednesday, October 18. On Friday, January 6 the stock rating was initiated by BMO Capital Markets with “Market Perform”.

Analysts await Omeros Corporation (NASDAQ:OMER) to report earnings on March, 15. They expect $-0.16 EPS, up 20.00% or $0.04 from last year’s $-0.2 per share. After $-0.07 actual EPS reported by Omeros Corporation for the previous quarter, Wall Street now forecasts 128.57% negative EPS growth.

Since January 3, 2018, it had 0 insider buys, and 2 sales for $1.36 million activity. The insider Kelbon Marcia S. sold 62,528 shares worth $1.34 million. 1,020 shares were sold by JACOBSEN MICHAEL A, worth $22,899.

Among 9 analysts covering Omeros (NASDAQ:OMER), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Omeros had 26 analyst reports since August 10, 2015 according to SRatingsIntel. H.C. Wainwright maintained Omeros Corporation (NASDAQ:OMER) on Thursday, December 14 with “Buy” rating. Cowen & Co downgraded the stock to “Market Perform” rating in Thursday, November 2 report. Maxim Group maintained the stock with “Buy” rating in Tuesday, June 13 report. The rating was maintained by Needham on Wednesday, November 11 with “Buy”. As per Wednesday, November 16, the company rating was maintained by Wedbush. The rating was maintained by Cantor Fitzgerald on Tuesday, June 13 with “Hold”. Roth Capital initiated Omeros Corporation (NASDAQ:OMER) rating on Monday, August 10. Roth Capital has “Buy” rating and $38 target. H.C. Wainwright maintained the shares of OMER in report on Wednesday, November 29 with “Buy” rating. The firm has “Hold” rating given on Thursday, August 24 by Cantor Fitzgerald. The stock of Omeros Corporation (NASDAQ:OMER) has “Strong Buy” rating given on Tuesday, August 18 by WBB Securities.

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