As Corcept Therapeutics (CORT) Shares Rose, Holder Birchview Capital LP Trimmed by $312,000 Its Holding; Kistler-Tiffany Companies Maintains Position in Fedex (FDX)

August 10, 2018 - By Vernon Prom

Corcept Therapeutics Incorporated (NASDAQ:CORT) Logo

Kistler-Tiffany Companies Llc increased its stake in Fedex Corp (FDX) by 45.93% based on its latest 2018Q1 regulatory filing with the SEC. Kistler-Tiffany Companies Llc bought 1,638 shares as the company’s stock declined 1.18% with the market. The institutional investor held 5,204 shares of the air freight and delivery services company at the end of 2018Q1, valued at $1.25 million, up from 3,566 at the end of the previous reported quarter. Kistler-Tiffany Companies Llc who had been investing in Fedex Corp for a number of months, seems to be bullish on the $64.29 billion market cap company. The stock decreased 1.25% or $3.05 during the last trading session, reaching $241.75. About 72,964 shares traded. FedEx Corporation (NYSE:FDX) has risen 29.10% since August 10, 2017 and is uptrending. It has outperformed by 16.53% the S&P500. Some Historical FDX News: 09/05/2018 – FedEx Will Test Using Drones to Deliver Parts at Memphis Airport; 11/05/2018 – Global Aviation MRO Logistics Market 2018-2022 with DB Schenker, Deutsche Post DHL Group, FedEx & United Parcel Service Dominating – ResearchAndMarkets.com; 29/05/2018 – FEDEX SAYS GOODWILL IMPAIRMENT CHARGE WAS RECOGNIZED BASED ON UNDERPERFORMANCE OF FEDEX SUPPLY CHAIN BUSINESS DURING FISCAL 2018 – SEC FILING; 20/03/2018 – KMSS FOX 33: #BREAKING: A package headed to #Austin exploded at a San Antonio FedEx facility. The FBI says this #explosion; 20/03/2018 – ATF, FBI, AUSTIN POLICE: FEDEX PACKAGES LINKED TO RECENT BLASTS; 26/04/2018 – FedEx Presenting at Wells Fargo Industrials Conference May 8; 16/04/2018 – FEDEX FREIGHT PRESIDENT & CEO MICHAEL L. DUCKER TO RETIRE AUG; 27/03/2018 – FEDEX CORP – DEAL FOR FOR £92 MLN; 20/03/2018 – KCTV5 News: BREAKING: The @FBI says a suspicious package at the FedEx shipping center near the Austin airport “contained explos; 04/04/2018 – Moody’s affirms Baa3 rating on Aero Miami FX, LLC

Birchview Capital Lp decreased its stake in Corcept Therapeutics Inc (CORT) by 20.53% based on its latest 2018Q1 regulatory filing with the SEC. Birchview Capital Lp sold 19,500 shares as the company’s stock rose 20.10% while stock markets declined. The institutional investor held 75,500 shares of the major pharmaceuticals company at the end of 2018Q1, valued at $1.24 million, down from 95,000 at the end of the previous reported quarter. Birchview Capital Lp who had been investing in Corcept Therapeutics Inc for a number of months, seems to be less bullish one the $1.44 billion market cap company. The stock decreased 10.66% or $1.49 during the last trading session, reaching $12.49. About 914,217 shares traded. Corcept Therapeutics Incorporated (NASDAQ:CORT) has risen 60.38% since August 10, 2017 and is uptrending. It has outperformed by 47.81% the S&P500.

Investors sentiment decreased to 1.28 in 2018 Q1. Its down 0.21, from 1.49 in 2017Q4. It dropped, as 28 investors sold CORT shares while 55 reduced holdings. 46 funds opened positions while 60 raised stakes. 84.82 million shares or 2.95% less from 87.40 million shares in 2017Q4 were reported. Deutsche Bancorp Ag holds 0.01% or 526,064 shares. Tci Wealth Inc reported 0% stake. Tower Rech Capital Ltd Llc (Trc), New York-based fund reported 533 shares. Northern Trust invested in 1.12 million shares. Tanaka Mgmt invested in 5.69% or 144,602 shares. State Board Of Administration Of Florida Retirement Systems has 51,163 shares for 0% of their portfolio. 5,400 were accumulated by Catalyst Capital Ltd Com. Fund Management Sa holds 0.02% in Corcept Therapeutics Incorporated (NASDAQ:CORT) or 167,048 shares. Tiaa Cref Investment Management Lc reported 0% in Corcept Therapeutics Incorporated (NASDAQ:CORT). First Trust Advsr LP has 0% invested in Corcept Therapeutics Incorporated (NASDAQ:CORT). Strs Ohio stated it has 0% of its portfolio in Corcept Therapeutics Incorporated (NASDAQ:CORT). Acadian Asset Mgmt Ltd Liability Co invested in 0.24% or 3.31M shares. Amp Cap Invsts Limited, a Australia-based fund reported 20,047 shares. Manufacturers Life Insur Communications The owns 290,991 shares. Balyasny Asset Mgmt has invested 0% in Corcept Therapeutics Incorporated (NASDAQ:CORT).

Since March 6, 2018, it had 1 insider purchase, and 6 sales for $988,257 activity. 30,000 shares were sold by BAKER G LEONARD JR, worth $480,312 on Friday, May 11. GALA RENEE D had bought 10,000 shares worth $155,102 on Tuesday, March 6.

More notable recent Corcept Therapeutics Incorporated (NASDAQ:CORT) news were published by: Streetinsider.com which released: “After-Hours Stock Movers 08/09: (TTD) (OSTK) (PBYI) Higher; (CORT) (XONE) (DBX) Lower (more…)” on August 09, 2018, also Benzinga.com with their article: “The Daily Biotech Pulse: Puma, CareDx Soar On Earnings, Corcept Plunges On Bottom-Line Miss” published on August 10, 2018, Seekingalpha.com published: “Should You Buy Corcept Therapeutics Before Earnings?” on July 23, 2018. More interesting news about Corcept Therapeutics Incorporated (NASDAQ:CORT) were released by: Benzinga.com and their article: “7 Stocks Moving In Thursday’s After-Hours Session” published on August 09, 2018 as well as Nasdaq.com‘s news article titled: “Corcept Therapeutics Announces Second Quarter 2018 Financial Results and Stock Repurchase Program; Provides …” with publication date: August 09, 2018.

Among 7 analysts covering Corcept Therapeutics (NASDAQ:CORT), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Corcept Therapeutics had 14 analyst reports since February 2, 2017 according to SRatingsIntel. As per Thursday, March 8, the company rating was initiated by FBR Capital. The company was maintained on Wednesday, October 11 by Piper Jaffray. The rating was initiated by Seaport Global with “Buy” on Friday, April 13. FBR Capital maintained it with “Buy” rating and $3000 target in Tuesday, June 19 report. FBR Capital maintained Corcept Therapeutics Incorporated (NASDAQ:CORT) on Tuesday, March 20 with “Buy” rating. The rating was downgraded by Stifel Nicolaus on Thursday, May 31 to “Hold”. The stock of Corcept Therapeutics Incorporated (NASDAQ:CORT) has “Buy” rating given on Tuesday, June 12 by FBR Capital. As per Friday, September 8, the company rating was maintained by Piper Jaffray. Ladenburg Thalmann initiated the shares of CORT in report on Thursday, February 2 with “Buy” rating. The firm has “Buy” rating given on Thursday, August 24 by Piper Jaffray.

Among 37 analysts covering FedEx (NYSE:FDX), 26 have Buy rating, 1 Sell and 10 Hold. Therefore 70% are positive. FedEx had 122 analyst reports since August 14, 2015 according to SRatingsIntel. The rating was maintained by Raymond James with “Outperform” on Friday, March 24. The stock of FedEx Corporation (NYSE:FDX) has “Buy” rating given on Thursday, June 7 by Citigroup. The firm has “Hold” rating given on Thursday, January 18 by Stifel Nicolaus. The stock of FedEx Corporation (NYSE:FDX) earned “Outperform” rating by Credit Suisse on Tuesday, March 15. The firm has “Buy” rating by BMO Capital Markets given on Wednesday, August 2. BMO Capital Markets maintained the shares of FDX in report on Friday, March 24 with “Outperform” rating. Oppenheimer maintained the stock with “Buy” rating in Wednesday, May 16 report. The stock has “Neutral” rating by UBS on Friday, September 15. BMO Capital Markets maintained it with “Buy” rating and $245.0 target in Tuesday, September 5 report. The stock has “Buy” rating by BMO Capital Markets on Friday, October 27.

Investors sentiment decreased to 1 in 2018 Q1. Its down 0.21, from 1.21 in 2017Q4. It worsened, as 58 investors sold FDX shares while 414 reduced holdings. 113 funds opened positions while 359 raised stakes. 192.41 million shares or 0.69% less from 193.75 million shares in 2017Q4 were reported. Evercore Wealth Mgmt Limited Liability Com owns 2,433 shares. 10,102 are owned by Goelzer Inv Management. Financial Engines Ltd Limited Liability Company reported 20,259 shares or 0.14% of all its holdings. First Manhattan Company stated it has 600,759 shares or 0.82% of all its holdings. Kentucky Retirement invested in 12,862 shares or 0.26% of the stock. F&V Capital Llc has 35,535 shares for 4.66% of their portfolio. Donaldson Ltd Llc holds 11,741 shares. Rafferty Asset Management Ltd Liability Corporation holds 7,312 shares or 0.03% of its portfolio. Kcm Investment Advsrs Lc reported 3,654 shares or 0.05% of all its holdings. 54,979 were reported by Umb Comml Bank N A Mo. 1,023 were accumulated by First In. Ferguson Wellman Cap Mngmt holds 0.12% or 13,718 shares. Horizon Invest Ltd Liability Company holds 1.42% or 13,114 shares in its portfolio. Macquarie accumulated 780,242 shares or 0.34% of the stock. Raub Brock Management Ltd Partnership holds 4.44% or 74,329 shares in its portfolio.

Since April 18, 2018, it had 0 insider buys, and 2 insider sales for $32.86 million activity. Another trade for 4,400 shares valued at $1.12 million was sold by WALSH PAUL S.

FedEx Corporation (NYSE:FDX) Institutional Positions Chart

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