An Insider Jeffrey Townsend Unloaded 230000 shares of Cerner (CERN); Bridgford Foods (BRID) Has 1.33 Sentiment

February 16, 2018 - By rebbecca

As disclosed in a form which was filled with the Security Exchange Commission on February 15, 2018, Jeffrey Townsend, Exec. VP & Chief of Staff of Cerner Corp and an insider, unloaded 230,000 shares of the company for a total of $14,246,200 US Dollars based on an average market stock price per share of $61.9. Currently, Mr. Jeffrey, has rights to 180,986 shares, which accounts for 0.05% of the company’s market cap. The insider’s activity definitely generated quite an interest in the stock community.

Bridgford Foods Corporation, together with its subsidiaries, makes, markets, and distributes frozen and snack food products in the United States. The company has market cap of $163.38 million. The companyÂ’s food products primarily include biscuits, bread dough items, roll dough items, dry sausage products, and beef jerky. It has a 18.5 P/E ratio. It offers approximately 130 frozen food products to food service and retail clients through wholesalers, cooperatives, and distributors; and approximately 110 snack food items to supermarkets, and mass merchandise and convenience retail stores through customer owned distribution centers, as well as a direct store delivery network.

Cerner Corporation designs, develops, markets, installs, hosts, and supports health care information technology, health care devices, hardware, and content solutions for health care organizations and clients in the United States and internationally. The company has market cap of $21.41 billion. The firm offers Cerner Millennium architecture, which includes clinical, financial, and management information systems that allow providers to access an individual's electronic health record at the point of care, and organizes and delivers information for physicians, nurses, laboratory technicians, pharmacists, front- and back-office professionals, and consumers. It has a 32.06 P/E ratio. It also provides HealtheIntent platform, a cloud platform that enables organizations to aggregate, transform, and reconcile data across the continuum of care, as well as assists to enhance outcomes and lower costs.

Since September 1, 2017, it had 0 buys, and 5 selling transactions for $21.21 million activity. Another trade for 4,000 shares valued at $279,560 was sold by Battaglioli Michael R.. 50,000 shares valued at $3.50M were sold by BURKE ZANE M on Wednesday, December 13. 99,470 shares were sold by Nill Michael, worth $7.01 million. SIMS RANDY D sold 60,000 shares worth $4.08 million.

Investors sentiment increased to 0.98 in 2017 Q3. Its up 0.11, from 0.87 in 2017Q2. It improved, as 44 investors sold Cerner Corporation shares while 209 reduced holdings. 59 funds opened positions while 190 raised stakes. 263.89 million shares or 3.63% more from 254.64 million shares in 2017Q2 were reported. Switzerland-based Robecosam Ag has invested 1.11% in Cerner Corporation (NASDAQ:CERN). Solaris Asset Mgmt Limited Liability Company holds 1.61% or 38,733 shares. 16,000 were reported by Employees Retirement Of Texas. State Of Tennessee Treasury Department holds 0.04% in Cerner Corporation (NASDAQ:CERN) or 116,393 shares. Moreover, Sun Life Financial has 0.02% invested in Cerner Corporation (NASDAQ:CERN) for 2,318 shares. Nomura holds 0% in Cerner Corporation (NASDAQ:CERN) or 15,989 shares. Ohio-based Beese Fulmer Invest Mgmt Inc has invested 0.39% in Cerner Corporation (NASDAQ:CERN). State Treasurer State Of Michigan has invested 0.06% in Cerner Corporation (NASDAQ:CERN). Alabama-based Buckingham Mgmt has invested 0.18% in Cerner Corporation (NASDAQ:CERN). Generation Invest Mngmt Ltd Liability Partnership invested in 11.8% or 17.22 million shares. Peapack Gladstone reported 0.16% in Cerner Corporation (NASDAQ:CERN). Neuberger Berman Group Incorporated Lc has invested 0% of its portfolio in Cerner Corporation (NASDAQ:CERN). Blackrock owns 19.10 million shares for 0.07% of their portfolio. Veritable L P holds 0.01% or 8,736 shares. Great West Life Assurance Can has invested 0.04% in Cerner Corporation (NASDAQ:CERN).

The stock increased 3.50% or $2.18 during the last trading session, reaching $64.4. About 2.28M shares traded. Cerner Corporation (NASDAQ:CERN) has risen 19.54% since February 16, 2017 and is uptrending. It has outperformed by 2.84% the S&P500.

Among 27 analysts covering Cerner Corporation (NASDAQ:CERN), 12 have Buy rating, 1 Sell and 14 Hold. Therefore 44% are positive. Cerner Corporation has $87 highest and $45 lowest target. $67.29’s average target is 4.49% above currents $64.4 stock price. Cerner Corporation had 97 analyst reports since August 5, 2015 according to SRatingsIntel. Deutsche Bank maintained the stock with “Buy” rating in Wednesday, November 2 report. As per Thursday, January 7, the company rating was upgraded by RBC Capital Markets. The rating was maintained by Deutsche Bank with “Buy” on Wednesday, November 4. The firm has “Buy” rating given on Friday, June 2 by Canaccord Genuity. On Tuesday, July 4 the stock rating was maintained by Jefferies with “Buy”. The firm has “Buy” rating given on Wednesday, January 10 by KeyBanc Capital Markets. The stock of Cerner Corporation (NASDAQ:CERN) earned “Hold” rating by Oppenheimer on Monday, July 31. On Sunday, December 3 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. Cantor Fitzgerald maintained the stock with “Buy” rating in Wednesday, November 29 report. The firm has “Neutral” rating by Hilliard Lyons given on Tuesday, May 2.

Since January 1, 0001, it had 0 insider buys, and 2 selling transactions for $1,327 activity.

Acadian Asset Management Llc holds 0% of its portfolio in Bridgford Foods Corporation for 34 shares. Blackrock Inc. owns 938 shares or 0% of their US portfolio. Moreover, California Public Employees Retirement System has 0% invested in the company for 18,672 shares. The New York-based Citigroup Inc has invested 0% in the stock. Dimensional Fund Advisors Lp, a Texas-based fund reported 251,175 shares.

The stock increased 0.84% or $0.15 during the last trading session, reaching $18. About 1,483 shares traded. Bridgford Foods Corporation (BRID) has risen 51.39% since February 16, 2017 and is uptrending. It has outperformed by 34.69% the S&P500.