Fmr LLC reduced its stake in shares of Advanced Accelerator Applications S.A. (NASDAQ:AAAP) by 0.0% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 4,321,373 shares of the company’s stock after selling 1,174 shares during the period. Fmr LLC owned about 9.80% of Advanced Accelerator Applications worth $168,706,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. bought a new stake in Advanced Accelerator Applications during the 1st quarter worth approximately $160,000. Wells Fargo & Company MN increased its holdings in Advanced Accelerator Applications by 81.5% during the 2nd quarter. Wells Fargo & Company MN now owns 4,514 shares of the company’s stock worth $177,000 after purchasing an additional 2,027 shares in the last quarter. KCG Holdings Inc. bought a new stake in Advanced Accelerator Applications during the 1st quarter worth approximately $338,000. Birchview Capital LP increased its holdings in Advanced Accelerator Applications by 185.7% during the 2nd quarter. Birchview Capital LP now owns 20,000 shares of the company’s stock worth $781,000 after purchasing an additional 13,000 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in Advanced Accelerator Applications by 32.6% during the 1st quarter. Geode Capital Management LLC now owns 22,095 shares of the company’s stock worth $880,000 after purchasing an additional 5,438 shares in the last quarter. 37.51% of the stock is owned by hedge funds and other institutional investors.

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Advanced Accelerator Applications S.A. (NASDAQ AAAP) opened at 65.74 on Thursday. The stock has a 50 day moving average price of $54.06 and a 200-day moving average price of $43.28. Advanced Accelerator Applications S.A. has a 52 week low of $23.50 and a 52 week high of $68.00.

Advanced Accelerator Applications (NASDAQ:AAAP) last announced its quarterly earnings results on Thursday, August 31st. The company reported ($0.13) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.12) by ($0.01). The firm had revenue of $40.14 million for the quarter, compared to the consensus estimate of $36.74 million. Advanced Accelerator Applications had a negative net margin of 33.83% and a negative return on equity of 16.05%. On average, equities analysts forecast that Advanced Accelerator Applications S.A. will post ($1.00) earnings per share for the current year.

A number of analysts have commented on the company. JMP Securities reissued an “outperform” rating and set a $69.00 price objective on shares of Advanced Accelerator Applications in a report on Monday. Jefferies Group LLC reissued a “buy” rating and set a $60.00 price objective (up from $50.00) on shares of Advanced Accelerator Applications in a report on Friday, September 1st. BidaskClub raised Advanced Accelerator Applications from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd. Zacks Investment Research lowered Advanced Accelerator Applications from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Finally, Canaccord Genuity set a $47.00 price objective on Advanced Accelerator Applications and gave the stock a “buy” rating in a report on Thursday, July 27th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Advanced Accelerator Applications presently has an average rating of “Buy” and an average price target of $54.00.

Advanced Accelerator Applications Profile

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.

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

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