19,000 Shares in ChemoCentryx, Inc. (CCXI) Acquired by State of Wisconsin Investment Board
State of Wisconsin Investment Board acquired a new position in shares of ChemoCentryx, Inc. (NASDAQ:CCXI) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 19,000 shares of the biopharmaceutical company’s stock, valued at approximately $178,000.
Several other institutional investors also recently modified their holdings of CCXI. Bank of Montreal Can acquired a new position in shares of ChemoCentryx during the 2nd quarter worth approximately $102,000. Trexquant Investment LP raised its position in shares of ChemoCentryx by 81.1% during the 2nd quarter. Trexquant Investment LP now owns 18,600 shares of the biopharmaceutical company’s stock worth $174,000 after purchasing an additional 8,327 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of ChemoCentryx during the 1st quarter worth approximately $189,000. First Quadrant L P CA acquired a new position in shares of ChemoCentryx during the 2nd quarter worth approximately $219,000. Finally, American Century Companies Inc. acquired a new position in shares of ChemoCentryx during the 1st quarter worth approximately $297,000. Hedge funds and other institutional investors own 50.12% of the company’s stock.
Several brokerages recently issued reports on CCXI. BidaskClub downgraded ChemoCentryx from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 10th. Zacks Investment Research upgraded ChemoCentryx from a “sell” rating to a “hold” rating in a research report on Friday, August 18th. Finally, Cowen and Company restated a “hold” rating on shares of ChemoCentryx in a research report on Tuesday, August 8th.
ChemoCentryx, Inc. (NASDAQ:CCXI) opened at 7.21 on Friday. The company’s 50 day moving average price is $7.81 and its 200 day moving average price is $7.74. ChemoCentryx, Inc. has a 12 month low of $4.62 and a 12 month high of $10.80. The firm’s market capitalization is $351.17 million.
ChemoCentryx (NASDAQ:CCXI) last issued its quarterly earnings results on Tuesday, August 8th. The biopharmaceutical company reported ($0.19) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.17) by ($0.02). The company had revenue of $8.94 million for the quarter. Analysts anticipate that ChemoCentryx, Inc. will post ($0.90) EPS for the current year.
In other news, insider Petrus Bekker sold 30,000 shares of the stock in a transaction on Wednesday, July 12th. The shares were sold at an average price of $9.98, for a total transaction of $299,400.00. Following the transaction, the insider now owns 65,963 shares in the company, valued at approximately $658,310.74. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In the last quarter, insiders sold 223,649 shares of company stock valued at $2,157,360. Insiders own 26.80% of the company’s stock.
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ChemoCentryx Company Profile
ChemoCentryx, Inc is a biopharmaceutical company. The Company is engaged in developing new medications targeted at inflammatory disorders, autoimmune diseases and cancer. Each of its drug candidates focuses on a specific chemoattractant receptor that selectively blocks its negative inflammatory or suppressive response, leaving the rest of the immune system intact.
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