Research

Sangamo Therapeutics, Inc. (SGMO) Posts Earnings Results, Beats Estimates By $0.04 EPS

Sangamo Therapeutics, Inc. (SGMO) Posts Earnings Results, Beats Estimates By $0.04 EPS

TIAA CREF Investment Management LLC reduced its stake in Sangamo Therapeutics, Inc.

A number of brokerages have recently commented on SGMO.

Sangamo Therapeutics (NASDAQ SGMO) traded up $1.15 during trading hours on Friday, reaching $13.45.

Within those holders, 81 of them increased their positions - representing 14,460,939 shares of Sangamo Therapeutics, Inc.

Sangamo Therapeutics (NASDAQ:SGMO) last posted its quarterly earnings data on Thursday, November 9th. The stock exchanged hands with 919,309 numbers of shares compared to its average daily volume of 1.72M shares. The company has its outstanding shares of 83.61M. HighTower Advisors LLC now owns 39,405 shares of the biopharmaceutical company's stock worth $206,000 after purchasing an additional 100 shares during the last quarter.

In the past three-month period, there have been 0 open market buys by insiders for Sangamo Therapeutics, Inc. The stock hit its 52-week high price on 08/28/17, and 52-week low price on 03/28/17.

Several institutional investors have recently modified their holdings of the company.

In other news, VP Curt A. Herberts III sold 15,000 shares of Sangamo Therapeutics stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $10.44, for a total transaction of $119,788.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William R. Ringo sold 31,000 shares of the business's stock in a transaction on Wednesday, September 20th. The stock was sold at an average price of $15.00, for a total value of $225,000.00. The disclosure for this sale can be found here.

More news: Rowan Atkinson to become a father again at the age of 62

Shares of Sangamo Therapeutics (NASDAQ:SGMO) climbed 1.65% in the past week and plunged -23.84% in the last 4 weeks, historically the stock illustrate that its six months performance stands at 50% while its year to date performance is at 303.28%.

The stock of Sangamo Therapeutics Incorporated (NASDAQ:SGMO) registered a decrease of 5.1% in short interest. Principal Financial Group Inc. raised its stake in shares of Sangamo Therapeutics by 6.8% in the second quarter.

According to 5 analysts Sangamo Therapeutics (NASDAQ:SGMO)'s price will reach at $14.6 during 52 weeks. Jefferies reinitiated Sangamo Therapeutics Inc (NASDAQ:SGMO) rating on Thursday, June 22.

The biopharmaceutical company reported ($0.15) earnings per share for the quarter, topping analysts' consensus estimates of ($0.19) by $0.04. The mean target price as estimated by the analysts for the company has been recorded at $14.60. Sangamo Therapeutics had a negative net margin of 157.66% and a negative return on equity of 33.63%. The firm's revenue was up 333.0% compared to the same quarter a year ago. During the same period a year ago, the firm posted ($0.27) EPS.

TRADEMARK VIOLATION NOTICE: "Sangamo Therapeutics (SGMO) Earns Daily Media Impact Score of 0.23" was first posted by Week Herald and is the property of of Week Herald. If you are reading this report on another publication, it was stolen and reposted in violation of United States and worldwide copyright and trademark laws. Nelson Roberts Investment Advsr Limited Liability owns 0.01% invested in Sangamo Therapeutics Inc (NASDAQ:SGMO) for 3,000 shares. The Company will retain its Point Richmond location as a Sangamo Research Center. Zacks Investment Research upgraded Sangamo Therapeutics from a "hold" rating to a "buy" rating and set a $12.00 target price for the company in a report on Friday, August 18th. ValuEngine raised shares of Sangamo Therapeutics from a "sell" rating to a "hold" rating in a report on Friday, August 11th. Wells Fargo initiated the shares of SGMO in report on Friday, December 4 with "Outperform" rating. Janney Capital downgraded Sangamo Therapeutics Inc (NASDAQ:SGMO) on Thursday, August 4 to "Neutral" rating.

Analysts have given a mean recommendation of 2.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders.

Sangamo Therapeutics, Inc., formerly Sangamo BioSciences, Inc., is a clinical-stage biotechnology company.


  • Date of Jimmy Garoppolo's first 49ers start reportedly known

    Date of Jimmy Garoppolo's first 49ers start reportedly known

    His previous career-best came in 2016 with the Buffalo Bills, when he accounted for 431 yards receiving. 49ers quarterback C.J. A 31-21 loss at the 49ers continues to point to inadequacies on this team in all three phases of the game as well as coaching.
    NYC Subway Bans 'Ladies and Gentlemen' to Be 'Sensitive to Gender Identity'

    NYC Subway Bans 'Ladies and Gentlemen' to Be 'Sensitive to Gender Identity'

    A number of people hailed the decision as a important step forward in integrating all NY residents in the public sphere. The Metropolitan Transportation Authority (MTA) is opting for a more gender-neutral approach.

    UnitedHealth Group Incorporated (UNH) Shares Sold by Davis Selected Advisers

    It worsened, as 26 investors sold KND shares while 44 reduced holdings. 32 funds opened positions while 91 raised stakes. The healthcare conglomerate reported $2.66 EPS for the quarter, beating analysts' consensus estimates of $2.57 by $0.09.
  • Rams players describe LA's 6-2 start in one word

    Rams players describe LA's 6-2 start in one word

    Fuller exited the game after being evaluated by the team's medical staff and was ruled out to return for the second half. Goff found Woods again for the former USC Trojans receiver's second touchdown of the game.
    The Lockheed Martin Corp. (LMT)

    The Lockheed Martin Corp. (LMT)

    Integral Derivatives Limited Liability Corporation holds 0.01% in UnitedHealth Group Inc (NYSE:UNH) or 2,935 shares. (NYSE:CRM). Akerson acquired 2,500 shares of the business's stock in a transaction that occurred on Wednesday, October 25th.
    Are Analysts Bullish Kinder Morgan Inc (NYSE:KMI) After Last Week?

    Are Analysts Bullish Kinder Morgan Inc (NYSE:KMI) After Last Week?

    Matarin Capital Lc has 781,457 shares. 157.19 million shares or 0.09% more from 157.04 million shares in 2017Q1 were reported. Public Employees Retirement Systems Of Ohio invested 0.01% in Beazer Homes USA, Inc. (NYSE KMI) opened at $17.67 on Friday.
  • Security Scare at Orlando International Airport Holds Up Flights

    Security Scare at Orlando International Airport Holds Up Flights

    Passengers were asked to de-plane and people waiting at their gates were forced to pass through TSA security screening again. Mike Robinson, a traveler headed to Dallas, told the Orlando Sentinel he heard a loud pop at a security checkpoint.
    John Fox's Challenge Inadvertently Causes a Bears Turnover

    John Fox's Challenge Inadvertently Causes a Bears Turnover

    The mishap occurred with the Bears trailing 10-3 with 8:09 remaining the in the second quarter. The Bears have won 12 games since John Fox took over as head coach in Chicago in 2015.
    Shares Of Globus Medical, Inc. (GMED) sold By MURPHY A BRETT

    Shares Of Globus Medical, Inc. (GMED) sold By MURPHY A BRETT

    During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. Following the transaction, the insider now directly owns 101,217 shares of the company's stock, valued at $3,035,497.83.
  • Sudanese president to visit Uganda next Tuesday

    Sudanese president to visit Uganda next Tuesday

    A ministry of foreign affairs statement issued here on Saturday said Bashir will visit the east African country for two days starting November 14.

    Investors Sell Shares of Bank of America Corporation (BAC) on Strength (BAC)

    Cipher Capital LP's holdings in Bank of America Corporation were worth $5,269,000 at the end of the most recent reporting period. Northwest Investment Counselors LLC purchased a new stake in Bank of America Corporation in the 2nd quarter valued at $100,000.
    Country to fall silent at 11am to mark Armistice day

    Country to fall silent at 11am to mark Armistice day

    Fowey RBL - Wreath-laying at the War Memorial will begin at 10.40am, followed by a short service outside, in front of the church. The proceedings will come to an end with a short religious service after which the Queen will depart to the National Anthem.