Seattle Genetics, Inc. (SGEN)’s Stock Insider Deal – Clay Siegall Sold 18,832 Shares; Teacher Retirement System Of Texas Has Raised Louisiana Pac (LPX) Stake By $978,406

April 12, 2018 - By John Hoffman

Seattle Genetics, Inc. (NASDAQ:SGEN) Logo

Teacher Retirement System Of Texas increased Louisiana Pac Corp (LPX) stake by 315.64% reported in 2017Q4 SEC filing. Teacher Retirement System Of Texas acquired 37,631 shares as Louisiana Pac Corp (LPX)’s stock rose 8.04%. The Teacher Retirement System Of Texas holds 49,553 shares with $1.30 million value, up from 11,922 last quarter. Louisiana Pac Corp now has $4.33 billion valuation. The stock decreased 1.35% or $0.41 during the last trading session, reaching $29.88. About 1.25 million shares traded. Louisiana-Pacific Corporation (NYSE:LPX) has risen 20.35% since April 12, 2017 and is uptrending. It has outperformed by 8.80% the S&P500.

Investors sentiment decreased to 1.5 in Q4 2017. Its down 0.61, from 2.11 in 2017Q3. It dropped, as 25 investors sold LPX shares while 83 reduced holdings. 48 funds opened positions while 114 raised stakes. 132.51 million shares or 0.27% less from 132.87 million shares in 2017Q3 were reported. State Of New Jersey Common Pension Fund D holds 0.01% or 67,500 shares in its portfolio. Apg Asset Nv accumulated 1.55 million shares. 246,700 are held by Swiss Bancorp. Strs Ohio accumulated 64,000 shares or 0.01% of the stock. New York State Common Retirement Fund has 347,776 shares for 0.01% of their portfolio. Rafferty Asset Mgmt Lc owns 26,306 shares. Smith Asset Mngmt Group Ltd Partnership, Texas-based fund reported 149,679 shares. Zpr Investment Mngmt has 27,410 shares. Pnc Financial Gp Incorporated stated it has 0% of its portfolio in Louisiana-Pacific Corporation (NYSE:LPX). Cypress Cap Ltd Liability Corp (Wy) has invested 0.11% in Louisiana-Pacific Corporation (NYSE:LPX). Adage Partners Gru reported 1.30 million shares. Bnp Paribas Asset Mgmt Sa holds 0.01% or 33,765 shares in its portfolio. Fiera has 0.04% invested in Louisiana-Pacific Corporation (NYSE:LPX) for 340,272 shares. The New York-based Renaissance Llc has invested 0.1% in Louisiana-Pacific Corporation (NYSE:LPX). Oppenheimer & Com stated it has 9,375 shares.

Since February 15, 2018, it had 0 insider purchases, and 2 selling transactions for $710,192 activity. COOK GARY had sold 5,000 shares worth $142,887 on Wednesday, March 14. The insider Sherman Neil sold 18,885 shares worth $567,305.

Among 12 analysts covering Louisiana-Pacific (NYSE:LPX), 5 have Buy rating, 1 Sell and 6 Hold. Therefore 42% are positive. Louisiana-Pacific has $3900 highest and $15 lowest target. $32.13’s average target is 7.53% above currents $29.88 stock price. Louisiana-Pacific had 34 analyst reports since August 26, 2015 according to SRatingsIntel. The rating was maintained by BMO Capital Markets with “Hold” on Thursday, September 7. The firm has “Buy” rating by Dundee Securities given on Thursday, July 21. The stock has “Underperform” rating by Bank of America on Wednesday, December 7. The rating was downgraded by Buckingham Research on Wednesday, April 12 to “Neutral”. The firm has “Neutral” rating given on Friday, February 12 by DA Davidson. Stephens maintained the shares of LPX in report on Wednesday, January 10 with “Hold” rating. The stock of Louisiana-Pacific Corporation (NYSE:LPX) has “Neutral” rating given on Wednesday, January 24 by Bank of America. RBC Capital Markets maintained the stock with “Top Pick” rating in Thursday, February 9 report. The rating was downgraded by BMO Capital Markets on Friday, September 29 to “Underperform”. As per Wednesday, April 12, the company rating was downgraded by Vertical Research.

Teacher Retirement System Of Texas decreased Analog Devices Inc (NASDAQ:ADI) stake by 81,628 shares to 101,069 valued at $9.00M in 2017Q4. It also reduced Grainger W W Inc (NYSE:GWW) stake by 4,055 shares and now owns 97,226 shares. American Assets Tr Inc (NYSE:AAT) was reduced too.

Among 18 analysts covering Seattle Genetics (NASDAQ:SGEN), 9 have Buy rating, 0 Sell and 9 Hold. Therefore 50% are positive. Seattle Genetics has $77.0 highest and $4300 lowest target. $63.40’s average target is 22.75% above currents $51.65 stock price. Seattle Genetics had 66 analyst reports since July 31, 2015 according to SRatingsIntel. The stock has “Outperform” rating by RBC Capital Markets on Monday, September 14. On Tuesday, October 3 the stock rating was maintained by SunTrust with “Hold”. The rating was initiated by Oppenheimer on Wednesday, November 8 with “Hold”. RBC Capital Markets maintained it with “Outperform” rating and $72 target in Tuesday, December 6 report. H.C. Wainwright maintained the shares of SGEN in report on Wednesday, February 7 with “Buy” rating. The firm has “Neutral” rating given on Monday, October 30 by JP Morgan. Barclays Capital maintained it with “Equal-Weight” rating and $60 target in Monday, October 16 report. The firm has “Buy” rating by Jefferies given on Tuesday, September 12. The stock has “Neutral” rating by Piper Jaffray on Friday, October 30. Needham maintained Seattle Genetics, Inc. (NASDAQ:SGEN) on Wednesday, February 7 with “Buy” rating.

Since October 11, 2017, it had 1 insider buy, and 6 sales for $195.12 million activity. On Wednesday, October 11 the insider SIEGALL CLAY B sold $1.15 million. The insider DRACHMAN JONATHAN G sold 10,457 shares worth $552,452. Shares for $200.00M were bought by BAKER BROS. ADVISORS LP. The insider HIMES VAUGHN B sold $290,604.

The stock decreased 0.08% or $0.04 during the last trading session, reaching $51.65. About 406,284 shares traded. Seattle Genetics, Inc. (NASDAQ:SGEN) has declined 20.48% since April 12, 2017 and is downtrending. It has underperformed by 32.03% the S&P500.

Investors sentiment increased to 1.23 in Q4 2017. Its up 0.45, from 0.78 in 2017Q3. It improved, as 24 investors sold Seattle Genetics, Inc. shares while 67 reduced holdings. 44 funds opened positions while 68 raised stakes. 141.83 million shares or 1.14% more from 140.23 million shares in 2017Q3 were reported. Numeric Investors owns 14,200 shares. 1,000 are owned by First Quadrant Lp Ca. Commonwealth Bancorp Of Aus reported 100 shares stake. Nuveen Asset Lc accumulated 13,012 shares or 0% of the stock. Glenmede Na reported 7,952 shares or 0% of all its holdings. American Group holds 0% of its portfolio in Seattle Genetics, Inc. (NASDAQ:SGEN) for 2,266 shares. Commerzbank Aktiengesellschaft Fi holds 50,037 shares. Spark Invest Management Ltd Liability Com holds 0.31% of its portfolio in Seattle Genetics, Inc. (NASDAQ:SGEN) for 108,000 shares. Jpmorgan Chase And Co holds 0% or 5,492 shares in its portfolio. Moreover, South Dakota Investment Council has 0.05% invested in Seattle Genetics, Inc. (NASDAQ:SGEN) for 42,200 shares. Sumitomo Mitsui Inc invested in 283,248 shares or 0.02% of the stock. Tocqueville Asset Management Lp invested in 0.02% or 27,065 shares. The New York-based Millennium Mgmt Lc has invested 0.02% in Seattle Genetics, Inc. (NASDAQ:SGEN). Utah Retirement has 17,800 shares. Nbt Bankshares N A Ny owns 0.05% invested in Seattle Genetics, Inc. (NASDAQ:SGEN) for 6,241 shares.

An insider Clay Siegall who is President and CEO of Seattle Genetics Inc Wa sold some 18,832 shares of the company worth near $951,393 US Dollars at an average $50.5 of a share. He also sold 18,832 shares that are worth about $1,079,436 USD in the last 30 days. Because it was a sizable one transaction, it’s not likely to remain undiscovered one. Clay Siegall currently owns 687,146 shares or 0.44% of the company’s market capitalization. A filing available for free here reveals this insider activity, that was conducted on April 11, 2018 and was filed with the SEC.

Louisiana-Pacific Corporation (NYSE:LPX) Institutional Positions Chart