Saturday, February 1, 2020

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February 1st, 2020
Quick Links: My MarketBeat, Account Settings, Analyst Ratings, Company Profiles, Dividend Declarations, Earnings Announcements, Headlines & Insider Trades.

Here are the weekend's biggest headlines, the top analysts' ratings changes and insider trades of the week, brought to you by MarketBeat:

Today's Top Stories
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This Week's Most Talked About Upgrades and Downgrades
  • Advanced Micro Devices (NASDAQ:AMD) was upgraded by analysts at Summit Insights from a "hold" rating to a "buy" rating on Wednesday. current price of $47.00. This rating was viewed 135 times. Read More.
  • Beyond Meat (NASDAQ:BYND) was downgraded by analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating on Tuesday. They now have a $134.00 price target on the stock, down previously from $138.00. They noted that the move was a valuation call. 21.4% upside from the current price of $110.42. This rating was viewed 146 times. Read More.
  • Canopy Growth (NYSE:CGC) was upgraded by analysts at BMO Capital Markets from a "market perform" rating to an "outperform" rating on Tuesday. They now have a $40.00 price target on the stock. 77.4% upside from the current price of $22.55. This rating was viewed 606 times. Read More.
  • Chemtrade Logistics Income Fund (TSE:CHE.UN) had its price target lowered by analysts at Royal Bank of Canada from C$12.00 to C$11.00 on Wednesday. They now have a "sector perform" rating on the stock. 17.3% upside from the current price of $9.38. This rating was viewed 94 times. Read More.
  • Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) was upgraded by analysts at Kepler Capital Markets from a "hold" rating to a "buy" rating on Monday. current price of $7.86. This rating was viewed 115 times. Read More.
  • HELLA GMBH & CO KGAA (ETR:HLE) was given a new €56.00 ($65.12) price target on by analysts at Goldman Sachs Group Inc on Monday. They now have a "buy" rating on the stock. This rating was viewed 155 times. Read More.
  • InMed Pharmaceuticals (OTCMKTS:IMLFF) is now covered by analysts at Maxim Group on Friday. They set a "buy" rating on the stock. current price of $0.27. This rating was viewed 157 times. Read More.
  • Marathon Oil (NYSE:MRO) was upgraded by analysts at Stifel Nicolaus from a "hold" rating to a "buy" rating on Monday. They now have a $17.00 price target on the stock, up previously from $16.00. 49.5% upside from the current price of $11.37. This rating was viewed 170 times. Read More.
  • Microsoft (NASDAQ:MSFT) had its price target raised by analysts at Jefferies Financial Group Inc from $185.00 to $195.00 on Wednesday. They now have a "buy" rating on the stock. 14.6% upside from the current price of $170.23. This rating was viewed 134 times. Read More.
  • PG&E (NYSE:PCG) was upgraded by analysts at Mizuho from a "neutral" rating to a "buy" rating on Tuesday. They now have a $22.00 price target on the stock, up previously from $21.00. 44.6% upside from the current price of $15.21. This rating was viewed 115 times. Read More.
  • Solaredge Technologies (NASDAQ:SEDG) was downgraded by analysts at Northland Securities from an "outperform" rating to a "market perform" rating on Monday. They now have a $102.00 price target on the stock. 4.2% upside from the current price of $97.86. This rating was viewed 175 times. Read More.
  • Tata Motors (NYSE:TTM) was upgraded by analysts at UBS Group AG from a "neutral" rating to a "buy" rating on Monday. current price of $12.13. This rating was viewed 114 times. Read More.
  • Uber Technologies (NYSE:UBER) is now covered by analysts at UBS Group AG on Tuesday. They set a "buy" rating and a $56.00 price target on the stock. 54.3% upside from the current price of $36.29. This rating was viewed 112 times. Read More.
  • Vermilion Energy (NYSE:VET) (TSE:VET) was downgraded by analysts at National Bank Financial from a "sector perform" rating to an "underperform" rating on Friday. They now have a $17.50 price target on the stock. 21.3% upside from the current price of $14.43. This rating was viewed 167 times. Read More.
  • Vivint Smart Home (NYSE:VVNT) is now covered by analysts at JPMorgan Chase & Co. on Monday. They set an "overweight" rating and a $15.00 price target on the stock. 10.0% downside from the current price of $16.66. This rating was viewed 122 times. Read More.
  • Get additional analysts' coverage at MarketBeat.com
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This Week's Most Talked About Insider Trades
  • Adaptimmune Therapeutics PLC - (NASDAQ:ADAP) major shareholder Peter W. Sonsini bought 7,500,000 shares of the firm's stock in a transaction that occurred on Friday, January 24th. The stock was bought at an average cost of $0.67 per share, for a total transaction of $5,025,000.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own at least 10% of a company's shares are required to disclose their sales and purchases with the SEC. This trade was viewed 110 times. Read More.
  • Adobe Inc (NASDAQ:ADBE) EVP Donna Morris sold 25,481 shares of Adobe stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $348.16, for a total value of $8,871,464.96. Following the transaction, the executive vice president now owns 89,690 shares in the company, valued at $31,226,470.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. This trade was viewed 60 times. Read More.
  • Bloom Energy Corp (NYSE:BE) CFO Randy W. Furr sold 42,827 shares of the business's stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $8.40, for a total value of $359,746.80. Following the sale, the chief financial officer now directly owns 247,537 shares of the company's stock, valued at approximately $2,079,310.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. This trade was viewed 176 times. Read More.
  • Chemours Co (NYSE:CC) CEO Mark P. Vergnano sold 220,759 shares of the company's stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $16.00, for a total value of $3,532,144.00. Following the completion of the sale, the chief executive officer now owns 398,937 shares of the company's stock, valued at approximately $6,382,992. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. This trade was viewed 124 times. Read More.
  • Datadog (NASDAQ:DDOG) General Counsel Laszlo Kopits sold 100,000 shares of the firm's stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $40.65, for a total value of $4,065,000.00. Following the completion of the transaction, the general counsel now directly owns 80,664 shares in the company, valued at approximately $3,278,991.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. This trade was viewed 55 times. Read More.
  • Esperion Therapeutics Inc (NASDAQ:ESPR) major shareholder Target N. V. Biotech acquired 20,000 shares of the firm's stock in a transaction dated Thursday, January 23rd. The stock was bought at an average cost of $51.84 per share, for a total transaction of $1,036,800.00. Following the purchase, the insider now directly owns 3,747,964 shares of the company's stock, valued at $194,294,453.76. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own 10% or more of a company's shares are required to disclose their sales and purchases with the SEC. This trade was viewed 75 times. Read More.
  • Finablr PLC (LON:FIN) insider Michael Tomalin acquired 30,000 shares of the stock in a transaction dated Tuesday, January 28th. The shares were bought at an average cost of GBX 93 ($1.22) per share, for a total transaction of £27,900 ($36,700.87). This trade was viewed 72 times. Read More.
  • Global Blood Therapeutics Inc (NASDAQ:GBT) insider Joshua Lehrer-Graiwer sold 781 shares of the business's stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $71.15, for a total value of $55,568.15. Following the transaction, the insider now owns 2,797 shares of the company's stock, valued at $199,006.55. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. This trade was viewed 60 times. Read More.
  • Green Thumb Industries Inc (CNSX:GTII) insider Pete Albert Kadens sold 50,000 shares of the stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $13.10, for a total transaction of $655,000.00. Following the completion of the sale, the insider now directly owns 115,000 shares of the company's stock, valued at $1,506,500. This trade was viewed 136 times. Read More.
  • Intercept Pharmaceuticals Inc (NASDAQ:ICPT) EVP Christian Weyer sold 723 shares of the firm's stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $94.04, for a total transaction of $67,990.92. Following the sale, the executive vice president now owns 18,560 shares in the company, valued at approximately $1,745,382.40. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. This trade was viewed 59 times. Read More.
  • Micron Technology, Inc. (NASDAQ:MU) SVP April S. Arnzen sold 4,400 shares of Micron Technology stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $60.00, for a total transaction of $264,000.00. Following the transaction, the senior vice president now directly owns 83,880 shares in the company, valued at approximately $5,032,800. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. This trade was viewed 65 times. Read More.
  • NMC Health PLC (LON:NMC) insider Khaleefa Butti Omair Yousif Ahmad sold 1,350,000 shares of NMC Health stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of GBX 1,250 ($16.44), for a total transaction of £16,875,000 ($22,198,105.76). This trade was viewed 55 times. Read More.
  • Resonant Inc (NASDAQ:RESN) major shareholder Longboard Capital Advisors, Ll sold 55,108 shares of the company's stock in a transaction that occurred on Friday, January 24th. The stock was sold at an average price of $2.77, for a total transaction of $152,649.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own more than 10% of a company's shares are required to disclose their transactions with the SEC. This trade was viewed 92 times. Read More.
  • Vaccinex Inc (NASDAQ:VCNX) Director Albert Friedberg acquired 982,318 shares of Vaccinex stock in a transaction dated Thursday, January 23rd. The stock was purchased at an average cost of $7.03 per share, with a total value of $6,905,695.54. This trade was viewed 96 times. Read More.
  • Vaccinex Inc (NASDAQ:VCNX) CEO Maurice Zauderer acquired 98,231 shares of the firm's stock in a transaction dated Thursday, January 23rd. The shares were purchased at an average price of $7.03 per share, for a total transaction of $690,563.93. This trade was viewed 66 times. Read More.
  • View additional insider trades at MarketBeat.com
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This Week's Most Talked About Earnings Announcements
  • Apple (NASDAQ:AAPL) announced its quarterly results after the market closed on Tuesday, January 28th. The company reported $4.99 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $4.54 EPS by $0.45. The company had revenue of $91.80 billion for the quarter, compared to the consensus estimate of $88.41 billion. During the same quarter in the prior year, the company posted $4.18 earnings per share. The company's quarterly revenue was up 8.9% on a year-over-year basis. Apple also updated its Q2 2020 After-Hours guidance to EPS. The stock had previously closed at $309.51. This announcement was viewed 84 times. Read More.
  • Alliance Data Systems (NYSE:ADS) announced its quarterly results before the market opened on Thursday, January 30th. The company reported $4.12 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $4.08 EPS by $0.04. The company had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.49 billion. During the same quarter in the prior year, the company posted $7.04 earnings per share. The company's quarterly revenue was down .2% on a year-over-year basis. Alliance Data Systems also updated its FY 2020 Pre-Market guidance to 20.50-20.50 EPS and its FY20 guidance to approx $20.50 EPS. The stock had previously closed at $102.79. This announcement was viewed 70 times. Read More.
  • Advanced Micro Devices (NASDAQ:AMD) announced its quarterly results after the market closed on Tuesday, January 28th. The company reported $0.32 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $0.26 EPS by $0.06. The company had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.11 billion. During the same quarter in the prior year, the company posted $0.08 earnings per share. The company's quarterly revenue was up 49.9% on a year-over-year basis. Advanced Micro Devices also updated its Q1 2020 After-Hours guidance to EPS and its FY 2020 After-Hours guidance to EPS. The stock had previously closed at $47.00. This announcement was viewed 91 times. Read More.
  • Amazon.com (NASDAQ:AMZN) announced its quarterly results after the market closed on Thursday, January 30th. The company reported $6.47 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $3.98 EPS by $2.49. The company had revenue of $87.44 billion for the quarter, compared to the consensus estimate of $86.09 billion. During the same quarter in the prior year, the company posted $6.04 earnings per share. The company's quarterly revenue was up 20.8% on a year-over-year basis. Amazon.com also updated its Q1 2020 After-Hours guidance to EPS. The stock had previously closed at $2,008.72. This announcement was viewed 174 times. Read More.
  • Biogen (NASDAQ:BIIB) announced its quarterly results before the market opened on Thursday, January 30th. The company reported $8.34 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $8.02 EPS by $0.32. The company had revenue of $3.67 billion for the quarter, compared to the consensus estimate of $3.51 billion. During the same quarter in the prior year, the company posted $6.99 earnings per share. The company's quarterly revenue was up 4.1% on a year-over-year basis. Biogen also updated its FY 2020 Pre-Market guidance to 31.50-33.50 EPS and its FY20 guidance to $31.50-33.50 EPS. The stock had previously closed at $268.85. This announcement was viewed 82 times. Read More.
  • Edwards Lifesciences (NYSE:EW) announced its quarterly results after the market closed on Thursday, January 30th. The company reported $1.46 earnings per share (EPS) for the previous quarter, missing the Thomson Reuters consensus estimate of $1.49 EPS by $0.03. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the prior year, the company posted $1.17 earnings per share. The company's quarterly revenue was up 20.1% on a year-over-year basis. The stock had previously closed at $219.86. This announcement was viewed 112 times. Read More.
  • 3M (NYSE:MMM) announced its quarterly results before the market opened on Tuesday, January 28th. The company reported $1.95 earnings per share (EPS) for the previous quarter, missing the Thomson Reuters consensus estimate of $2.10 EPS by $0.15. The company had revenue of $8.11 billion for the quarter, compared to the consensus estimate of $8.12 billion. During the same quarter in the prior year, the company posted $2.31 earnings per share. The company's quarterly revenue was up 2.1% on a year-over-year basis. 3M also updated its FY 2020 Pre-Market guidance to 9.30-9.75 EPS and its FY20 guidance to $9.30 to $9.75 EPS. The stock had previously closed at $158.66. This announcement was viewed 130 times. Read More.
  • Mplx (NYSE:MPLX) announced its quarterly results before the market opened on Wednesday, January 29th. The company reported $0.55 earnings per share (EPS) for the previous quarter, missing the Thomson Reuters consensus estimate of $0.61 EPS by $0.06. The company had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.25 billion. During the same quarter in the prior year, the company posted $0.52 earnings per share. The company's quarterly revenue was up .9% on a year-over-year basis. The stock had previously closed at $24.05. This announcement was viewed 164 times. Read More.
  • Microsoft (NASDAQ:MSFT) announced its quarterly results after the market closed on Wednesday, January 29th. The company reported $1.51 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $1.32 EPS by $0.19. The company had revenue of $36.91 billion for the quarter, compared to the consensus estimate of $35.68 billion. During the same quarter in the prior year, the company posted $1.10 earnings per share. The company's quarterly revenue was up 13.7% on a year-over-year basis. The stock had previously closed at $170.23. This announcement was viewed 66 times. Read More.
  • Proofpoint (NASDAQ:PFPT) announced its quarterly results after the market closed on Thursday, January 30th. The company reported $0.52 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of ($0.09) EPS by $0.61. The company had revenue of $243.40 million for the quarter, compared to the consensus estimate of $239.11 million. During the same quarter in the prior year, the company posted $0.51 earnings per share. The company's quarterly revenue was up 22.6% on a year-over-year basis. Proofpoint also updated its FY 2020 After-Hours guidance to 1.42-1.48 EPS and its Q1 2020 After-Hours guidance to 0.25-0.29 EPS. The stock had previously closed at $122.81. This announcement was viewed 73 times. Read More.
  • Paypal (NASDAQ:PYPL) announced its quarterly results after the market closed on Thursday, January 30th. The company reported $0.86 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $0.83 EPS by $0.03. The company had revenue of $4.96 billion for the quarter, compared to the consensus estimate of $4.94 billion. During the same quarter in the prior year, the company posted $0.69 earnings per share. The company's quarterly revenue was up 17.4% on a year-over-year basis. The stock had previously closed at $113.89. This announcement was viewed 71 times. Read More.
  • Tesla (NASDAQ:TSLA) announced its quarterly results after the market closed on Wednesday, January 29th. The company reported $2.06 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $1.72 EPS by $0.34. The company had revenue of $7.38 billion for the quarter, compared to the consensus estimate of $7.05 billion. During the same quarter in the prior year, the company posted $1.93 earnings per share. The company's quarterly revenue was up 2.2% on a year-over-year basis. The stock had previously closed at $650.57. This announcement was viewed 203 times. Read More.
  • United Technologies (NYSE:UTX) announced its quarterly results before the market opened on Tuesday, January 28th. The company reported $1.94 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $1.84 EPS by $0.10. The company had revenue of $19.55 billion for the quarter, compared to the consensus estimate of $19.34 billion. During the same quarter in the prior year, the company posted $1.95 earnings per share. The company's quarterly revenue was up 8.4% on a year-over-year basis. The stock had previously closed at $150.20. This announcement was viewed 84 times. Read More.
  • United States Steel (NYSE:X) announced its quarterly results after the market closed on Thursday, January 30th. The company reported ($0.64) earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of ($1.11) EPS by $0.47. The company had revenue of $2.82 billion for the quarter, compared to the consensus estimate of $2.77 billion. During the same quarter in the prior year, the company posted $1.82 earnings per share. The company's quarterly revenue was down 23.5% on a year-over-year basis. The stock had previously closed at $9.07. This announcement was viewed 169 times. Read More.
  • Xilinx (NASDAQ:XLNX) announced its quarterly results after the market closed on Tuesday, January 28th. The company reported $0.68 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $0.59 EPS by $0.09. The company had revenue of $723.50 million for the quarter, compared to the consensus estimate of $725.73 million. During the same quarter in the prior year, the company posted $0.93 earnings per share. The company's quarterly revenue was down 9.6% on a year-over-year basis. Xilinx also updated its Q4 2020 After-Hours guidance to EPS. The stock had previously closed at $84.48. This announcement was viewed 82 times. Read More.
  • View additional earnings announcements at MarketBeat.com
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