Fluidigm Corp (NASDAQ:FLDM) Stock Price While Sentiment Improves

May 21, 2018 - By reb123z

Fluidigm Corporation (NASDAQ:FLDM) Logo

Sentiment for Fluidigm Corp (NASDAQ:FLDM)

Fluidigm Corp (NASDAQ:FLDM) institutional sentiment increased to 1.61 in 2017 Q4. Its up 0.03, from 1.58 in 2017Q3. The ratio is positive, as 45 investment managers increased or started new stock positions, while 28 sold and trimmed stakes in Fluidigm Corp. The investment managers in our partner’s database now own: 32.56 million shares, up from 32.41 million shares in 2017Q3. Also, the number of investment managers holding Fluidigm Corp in their top 10 stock positions was flat from 1 to 1 for the same number . Sold All: 9 Reduced: 19 Increased: 30 New Position: 15.

Fluidigm Corporation creates, manufactures, and markets technologies and tools for life sciences research. The company has market cap of $221.43 million. It offers preparatory instruments, such as access array system, juno system, and callisto system; analytical instruments comprising biomark HD and EP1 systems; integrated fluidic circuits consisting of access array, juno genotyping, dynamic array, digital array, flex six, and callisto IFCs; and assays and reagents, including delta gene and SNP type assays, access array target-specific primers and targeted sequencing prep primers, and targeted DNA Seq library assays. It currently has negative earnings. The firm also provides C1 single-cell systems, polaris systems, C1 IFCs, polaris IFCs, helios/CyTOF 2 systems, maxpar reagents, imaging mass cytometer instruments and reagents, and laser ablation modules.

The stock decreased 1.04% or $0.06 during the last trading session, reaching $5.69. About 50,634 shares traded. Fluidigm Corporation (NASDAQ:FLDM) has risen 7.86% since May 21, 2017 and is uptrending. It has underperformed by 3.69% the S&P500.

Analysts await Fluidigm Corporation (NASDAQ:FLDM) to report earnings on August, 2. They expect $-0.25 earnings per share, up 35.90 % or $0.14 from last year’s $-0.39 per share. After $-0.21 actual earnings per share reported by Fluidigm Corporation for the previous quarter, Wall Street now forecasts 19.05 % negative EPS growth.

Healthcare Value Capital Llc holds 7.35% of its portfolio in Fluidigm Corporation for 410,500 shares. Levin Capital Strategies L.P. owns 9.17 million shares or 0.91% of their US portfolio. Moreover, Perkins Capital Management Inc has 0.75% invested in the company for 132,650 shares. The North Carolina-based Silverback Asset Management Llc has invested 0.18% in the stock. Alexandria Capital Llc, a Virginia-based fund reported 188,700 shares.

Since January 1, 0001, it had 24 insider purchases, and 0 insider sales for $6.00 million activity.

Fluidigm Corporation (NASDAQ:FLDM) Ratings Coverage

Ratings analysis reveals 0 of Fluidigm Corp’s analysts are positive. Out of 2 Wall Street analysts rating Fluidigm Corp, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $6.1 while the high is $7.25. The stock’s average target of $6.68 is 17.40% above today’s ($5.69) share price. FLDM was included in 2 notes of analysts from December 20, 2017. Piper Jaffray maintained the stock with “Hold” rating in Thursday, February 8 report. Cowen & Co maintained the stock with “Hold” rating in Wednesday, December 20 report.

More notable recent Fluidigm Corporation (NASDAQ:FLDM) news were published by: Globenewswire.com which released: “Fluidigm Announces First Quarter Financial Results and Operational Progress” on May 03, 2018, also Nasdaq.com with their article: “Fluidigm Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)” published on May 10, 2018, Globenewswire.com published: “Fluidigm to Participate in Upcoming Investor Events” on May 09, 2018. More interesting news about Fluidigm Corporation (NASDAQ:FLDM) were released by: Nasdaq.com and their article: “Report: Developing Opportunities within Fluidigm, MaxLinear, Southern National Bancorp of Virginia, Power …” published on April 30, 2018 as well as Globenewswire.com‘s news article titled: “Brad Kreger Joins Fluidigm as Senior Vice President, Global Operations” with publication date: April 23, 2018.

Fluidigm Corporation (NASDAQ:FLDM) Institutional Positions Chart

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