Tesaro INC (TSRO) Stock Declined While Nea Management Company LLC Upped Its Stake

July 14, 2018 - By Sheila Pollock

Tesaro, Inc. (NASDAQ:TSRO) LogoInvestors sentiment increased to 1.14 in Q1 2018. Its up 0.13, from 1.01 in 2017Q4. It increased, as 41 investors sold TSRO shares while 58 reduced holdings. 33 funds opened positions while 80 raised stakes. 60.57 million shares or 4.53% more from 57.95 million shares in 2017Q4 were reported. Alliancebernstein Ltd Partnership holds 357,177 shares. Nordea Invest Mngmt Ab invested 0% in Tesaro, Inc. (NASDAQ:TSRO). Artal Group Inc Sa owns 600,000 shares for 0.43% of their portfolio. Fred Alger Management invested in 0.01% or 46,748 shares. Sphera Funds Management Limited reported 106,175 shares stake. Pub Employees Retirement System Of Ohio holds 0% or 15,844 shares in its portfolio. Wellington Mgmt Grp Inc Llp owns 0.1% invested in Tesaro, Inc. (NASDAQ:TSRO) for 7.57M shares. Blackrock invested in 3.99 million shares or 0.01% of the stock. Principal Fincl Group Incorporated owns 14,513 shares. Nomura invested in 33,191 shares or 0% of the stock. Tower Research Cap Lc (Trc) has invested 0.01% in Tesaro, Inc. (NASDAQ:TSRO). Prudential Fincl reported 49,100 shares stake. Sg Americas Lc owns 1,931 shares or 0% of their US portfolio. Bancshares Of Montreal Can accumulated 8,452 shares. Aqr Mngmt Ltd Liability holds 0% or 5,565 shares.

Since March 1, 2018, it had 9 buys, and 8 selling transactions for $60.88 million activity. Bogle Grant C. sold 1,809 shares worth $99,224. $211,485 worth of stock was sold by Hedley Mary Lynne on Thursday, March 1. 116,445 shares valued at $6.68M were bought by KERINS PATRICK J on Friday, March 2. $8.35M worth of Tesaro, Inc. (NASDAQ:TSRO) shares were bought by SANDELL SCOTT D. 7,142 shares valued at $307,920 were sold by Alleva Lawrence M on Tuesday, June 12. BASKETT FOREST bought $8.35M worth of Tesaro, Inc. (NASDAQ:TSRO) on Friday, March 2.

Nea Management Company Llc increased its stake in Tesaro Inc (TSRO) by 1.42% based on its latest 2018Q1 regulatory filing with the SEC. Nea Management Company Llc bought 145,442 shares as the company’s stock declined 13.40% with the market. The institutional investor held 10.42M shares of the health care company at the end of 2018Q1, valued at $595.43 million, up from 10.28M at the end of the previous reported quarter. Nea Management Company Llc who had been investing in Tesaro Inc for a number of months, seems to be bullish on the $2.46 billion market cap company. The stock increased 0.13% or $0.06 during the last trading session, reaching $44.9. About 942,196 shares traded. Tesaro, Inc. (NASDAQ:TSRO) has declined 66.21% since July 14, 2017 and is downtrending. It has underperformed by 78.78% the S&P500.

More notable recent Tesaro, Inc. (NASDAQ:TSRO) news were published by: Nasdaq.com which released: “Why Winnebago Industries, Synaptics, and Tesaro Jumped Today” on June 20, 2018, also Seekingalpha.com with their article: “Evaluation Of Tesaro: Fair Value And Acquisition Potential” published on July 12, 2018, Nasdaq.com published: “The 3 Worst Biotech Stocks of 2018 (So Far)” on July 08, 2018. More interesting news about Tesaro, Inc. (NASDAQ:TSRO) were released by: Globenewswire.com and their article: “TESARO Draws $200 Million From Second Tranche of Non-Dilutive Term Loan Financing” published on June 29, 2018 as well as Seekingalpha.com‘s news article titled: “Tesaro: Was That The Bottom?” with publication date: June 25, 2018.

Tesaro, Inc. (NASDAQ:TSRO) Ratings Coverage

Among 14 analysts covering Tesaro (NASDAQ:TSRO), 12 have Buy rating, 0 Sell and 2 Hold. Therefore 86% are positive. Tesaro has $146 highest and $6000 lowest target. $97.93’s average target is 118.11% above currents $44.9 stock price. Tesaro had 18 analyst reports since January 18, 2018 according to SRatingsIntel. On Monday, April 16 the stock rating was maintained by Piper Jaffray with “Hold”. The rating was maintained by Barclays Capital with “Equal-Weight” on Wednesday, February 28. Citigroup maintained Tesaro, Inc. (NASDAQ:TSRO) on Thursday, May 31 with “Buy” rating. Leerink Swann maintained Tesaro, Inc. (NASDAQ:TSRO) on Wednesday, February 28 with “Buy” rating. The firm has “Buy” rating given on Friday, May 4 by Bank of America. Credit Suisse maintained it with “Outperform” rating and $141 target in Wednesday, February 28 report. Piper Jaffray maintained Tesaro, Inc. (NASDAQ:TSRO) on Thursday, January 18 with “Hold” rating. As per Friday, May 4, the company rating was maintained by H.C. Wainwright. On Monday, May 7 the stock rating was maintained by Lake Street with “Buy”. The firm earned “Buy” rating on Wednesday, May 2 by Argus Research.

Tesaro, Inc. (NASDAQ:TSRO) Institutional Positions Chart

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