What Is Insider Trading Activity Like At Boston Scientific Corporation (BSX)?


In the last quarter, insiders sold 424,698 shares of company stock worth $12,273,553. About 2.15M shares traded. It has outperformed by 2.42% the S&P500. PRIMECAP MANAGEMENT CO/CA/ also announced decreased position in Boston Scientific Corporation (BSX) during the quarter. Coatue Management Llc sold 471,908 shares as the company's stock declined 17.26% while stock markets rallied. The institutional investor held 303,324 shares of the basic industries company at the end of 2017Q3, valued at $27.32 million, up from 299,173 at the end of the previous reported quarter. Moreover, Rathbone Brothers Public Lc has 1.33% invested in General Electric Company (NYSE:GE) for 1.26M shares. The stock increased 1.99% or $0.369 during the last trading session, reaching $18.929. There were 44 sold out positions, amounting to 3.05 million shares. It is down 15.36% since January 12, 2017 and is downtrending. It has outperformed by 34.84% the S&P500. The Marco Investment Management Llc holds 2,672 shares with $412,000 value, down from 6,627 last quarter.

The 24 analysts offering 12-month price forecasts for Boston Scientific Corp have a median target of 31.00, with a high estimate of 35.00 and a low estimate of 26.00.

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock's prospects going forward. Shares for $270,131 were sold by Gupp William R. Posey Richard E sold $253,360 worth of stock. Cambridge Rech accumulated 5,650 shares.

Reeds Incorporated (NYSEAMERICAN:REED) had an increase of 1.35% in short interest. Its up 0.11, from 1.24 in 2017Q2. 81 funds opened positions while 368 raised stakes. Louisiana State Employees Retirement Sys owns 85,700 shares for 0.12% of their portfolio. Washington Bank owns 200 shares or 0% of their USA portfolio. Oakworth Cap Inc owns 170 shares for 0% of their portfolio. The Missouri-based Ent Financial Ser has invested 0.02% in Ecolab Inc. Piedmont Inv Advsr Limited Co invested in 0.01% or 6,406 shares. Neville Rodie Shaw owns 2,325 shares. (NYSE:TREX) or 285,875 shares. Barrow Hanley Mewhinney Strauss Llc holds 0.13% or 965,107 shares in its portfolio. The California-based National Planning Corporation has invested 0.04% in Ecolab Inc. 38,072 were accumulated by Guggenheim Capital Ltd Company. Salzhauer Michael invested in 0.56% or 24,288 shares. Fmr owns 77,803 shares.

Among 3 analysts covering HB Financial Group (NYSE:KB), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 78% are positive. Leerink Swann maintained the shares of BSX in report on Tuesday, January 9 with "Buy" rating. The stock of Trex Company, Inc.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The firm has "Buy" rating by Needham given on Friday, February 3. The rating was upgraded by CLSA on Thursday, October 1 to "Strong Buy". As per Monday, September 25, the company rating was maintained by Stifel Nicolaus. 5 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell.

Since August 1, 2017, it had 0 insider buys, and 13 insider sales for $15.16 million activity. Shares for $10.11M were sold by Bose Supratim.

COPYRIGHT VIOLATION NOTICE: "DnB Asset Management AS Boosts Holdings in Boston Scientific Corporation (BSX)" was published by StockNewsTimes and is owned by of StockNewsTimes.

Dabo Swinney reveals first-round prospect Clelin Ferrell, others coming back
Four members of the Clemson Tigers have chose to remain with the team and forgo their opportunity to enter the 2018 NFL Draft. The Clemson Tigers season ended in the college football playoff at the hands of eventual national champion Alabama.

Boston Scientific (NYSE:BSX) last released its quarterly earnings data on Thursday, October 26th.

Since August 3, 2017, it had 1 insider purchase, and 1 insider sale for $9.04 million activity.

Brokerages expect Boston Scientific Corporation (NYSE:BSX) to post earnings per share of $0.34 for the current quarter, according to Zacks.

Investors sentiment increased to 1.19 in Q3 2017. Its down 0.01, from 0.9 in 2017Q2.

VANGUARD GROUP INC raised its stake in Macy's, Inc. Bill & Melinda Gates Foundation Trust holds 2.18% or 4.37M shares. Frontier Capital Mgmt Ltd stated it has 807 shares or 0% of all its holdings. Wedbush downgraded the shares of SRPT in report on Thursday, April 21 to "Neutral" rating. Boston Scientific Corporation has 52-Week high of $29.93 and 52-Week Low of $23.03. About 13.01 million shares traded or 46.57% up from the average. Boston Family Office Ltd Liability Company stated it has 43,550 shares. Geode Cap Mngmt Limited Company holds 545,825 shares. 9,958 were reported by Bbr Ptnrs Ltd Liability Corporation. Enterprise Services has invested 0.19% in Boston Scientific Corporation (NYSE:BSX). During the same period in the previous year, the firm earned $0.27 EPS. equities research analysts predict that Boston Scientific Corporation will post 1.25 earnings per share for the current year. 6,702 are held by First Allied Advisory.

Boston Scientific Corporation has a consensus outperform rating from 24 Wall Street analysts, and the number of shares now sold short amount to at least 0.87% of shares outstanding. Therefore 79% are positive. Winslow Evans And Crocker reported 0.01% of its portfolio in Boston Scientific Corporation (NYSE:BSX). Stifel Nicolaus maintained the shares of BSX in report on Tuesday, August 1 with "Buy" rating. RBC Capital Markets has "Buy" rating and $2900 target. On Monday, August 10 the stock rating was reinitiated by Credit Suisse with "Outperform".

Boston Scientific Corp. had a return on equity of 23.25% and a net margin of 0.99%.

According to Boston Scientific Corporation (BSX) most recent 13F filing, the company has 37 new institutional holders - accounting for 14.02 million shares of its common stock. The rating was maintained by BTIG Research with "Buy" on Sunday, September 6. Da Davidson & Com holds 0.02% of its portfolio in Boston Scientific Corporation (NYSE:BSX) for 33,104 shares. The company was upgraded on Friday, December 8 by Needham.