Birchview Capital LP boosted its stake in Advanced Accelerator Applications S.A. (NASDAQ:AAAP) by 185.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 20,000 shares of the company’s stock after buying an additional 13,000 shares during the period. Advanced Accelerator Applications comprises 0.4% of Birchview Capital LP’s holdings, making the stock its 17th largest position. Birchview Capital LP’s holdings in Advanced Accelerator Applications were worth $781,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AAAP. JPMorgan Chase & Co. purchased a new position in shares of Advanced Accelerator Applications during the first quarter valued at about $160,000. Artisan Partners Limited Partnership purchased a new position in shares of Advanced Accelerator Applications during the first quarter valued at about $16,889,000. OppenheimerFunds Inc. purchased a new position in shares of Advanced Accelerator Applications during the first quarter valued at about $39,009,000. Geode Capital Management LLC boosted its position in shares of Advanced Accelerator Applications by 32.6% in the first quarter. Geode Capital Management LLC now owns 22,095 shares of the company’s stock valued at $880,000 after buying an additional 5,438 shares during the period. Finally, Morgan Stanley boosted its position in shares of Advanced Accelerator Applications by 2,208.1% in the first quarter. Morgan Stanley now owns 72,358 shares of the company’s stock valued at $2,884,000 after buying an additional 69,223 shares during the period. 42.00% of the stock is owned by institutional investors and hedge funds.

Shares of Advanced Accelerator Applications S.A. (NASDAQ:AAAP) traded down 2.71% during mid-day trading on Thursday, hitting $47.09. 10,984 shares of the stock were exchanged. Advanced Accelerator Applications S.A. has a 52-week low of $23.50 and a 52-week high of $51.02.

COPYRIGHT VIOLATION NOTICE: This piece of content was posted by Watch List News and is the sole property of of Watch List News. If you are viewing this piece of content on another website, it was copied illegally and reposted in violation of U.S. and international trademark & copyright law. The correct version of this piece of content can be accessed at https://www.watchlistnews.com/advanced-accelerator-applications-s-a-aaap-stake-increased-by-birchview-capital-lp/1534198.html.

Several research analysts have issued reports on the stock. Canaccord Genuity set a $47.00 price target on shares of Advanced Accelerator Applications and gave the stock a “buy” rating in a research note on Wednesday, May 31st. J P Morgan Chase & Co assumed coverage on shares of Advanced Accelerator Applications in a research note on Thursday, June 15th. They issued an “overweight” rating and a $50.00 price target for the company. TheStreet lowered shares of Advanced Accelerator Applications from a “c-” rating to a “d” rating in a research note on Wednesday, June 14th. BidaskClub upgraded shares of Advanced Accelerator Applications from a “sell” rating to a “hold” rating in a research note on Friday, June 23rd. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $50.00 price target on shares of Advanced Accelerator Applications in a research note on Friday, June 23rd. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Advanced Accelerator Applications currently has an average rating of “Buy” and a consensus price target of $52.00.

About Advanced Accelerator Applications

Advanced Accelerator Applications SA is a radiopharmaceutical company. The Company develops, produces and commercializes molecular nuclear medicine (MNM), diagnostic and therapeutic products. MNM uses trace amounts of radioactive compounds to create functional images of organs and lesions and to treat diseases, such as cancer.

Want to see what other hedge funds are holding AAAP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Accelerator Applications S.A. (NASDAQ:AAAP).

Institutional Ownership by Quarter for Advanced Accelerator Applications (NASDAQ:AAAP)

Receive News & Ratings for Advanced Accelerator Applications S.A. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Accelerator Applications S.A. and related companies with Analyst Ratings Network's FREE daily email newsletter.