As Bio Techne (TECH) Stock Price Rose, Sandler Capital Management Has Boosted Position by $3.28 Million; Empirical Financial Services Upped Facebook (FB) Holding by $690,696; Share Value Declined

June 13, 2018 - By Clifton Ray

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Andrew Sandler increased its stake in Bio Techne Corp (TECH) by 30.83% based on its latest 2018Q1 regulatory filing with the SEC. Sandler Capital Management bought 21,690 shares as the company’s stock rose 4.37% while stock markets declined. The hedge fund run by Andrew Sandler held 92,052 shares of the biological products (no diagnostic substances) company at the end of 2018Q1, valued at $13.90M, up from 70,362 at the end of the previous reported quarter. Sandler Capital Management who had been investing in Bio Techne Corp for a number of months, seems to be bullish on the $6.12 billion market cap company. The stock increased 0.46% or $0.74 during the last trading session, reaching $162.93. About 110,596 shares traded. Bio-Techne Corporation (NASDAQ:TECH) has risen 33.83% since June 13, 2017 and is uptrending. It has outperformed by 21.26% the S&P500. Some Historical TECH News: 11/05/2018 – Bio-Techne Presenting at UBS Conference May 22; 14/03/2018 – Bio-Techne Launches MimEX™ Gl, an Accessible 3-D Cell Culturing Platform for the Gastrointestinal Tract; 02/05/2018 – Bio-Techne 3Q Adj EPS $1.21; 22/04/2018 – DJ Bio-Techne Corporation, Inst Holders, 1Q 2018 (TECH); 10/05/2018 – Bio-Techne at UBS Global Health Care Conference May 22; 21/03/2018 – Bio-Techne Expands RNAscope® ISH Automation – Facilitating Drug Discovery and Development; 30/05/2018 – Bio-Techne Closes Above 50-Day Moving Average: Technicals; 10/04/2018 – Bio-Techne at Deutsche Bank Health Care Conference May 8; 02/05/2018 – Bio-Techne Declares Dividend; 24/04/2018 – Bio-Techne Names Kim Kelderman as Pres, Diagnostics and Genomics




Empirical Financial Services Llc increased its stake in Facebook Inc (FB) by 136.3% based on its latest 2018Q1 regulatory filing with the SEC. Empirical Financial Services Llc bought 4,344 shares as the company’s stock declined 0.01% with the market. The institutional investor held 7,531 shares of the technology company at the end of 2018Q1, valued at $1.20M, up from 3,187 at the end of the previous reported quarter. Empirical Financial Services Llc who had been investing in Facebook Inc for a number of months, seems to be bullish on the $559.10 billion market cap company. The stock increased 0.39% or $0.7514 during the last trading session, reaching $193.1514. About 8.56M shares traded. Facebook, Inc. (NASDAQ:FB) has risen 21.69% since June 13, 2017 and is uptrending. It has outperformed by 9.12% the S&P500. Some Historical FB News: 10/04/2018 – Cruz Grills Zuckerberg About Facebook’s Approach to Political Speech (Video); 19/03/2018 – Facebook suspends Cambridge Analytica, a firm used by the Trump campaign, for misuse of data; 06/04/2018 – New York Post: Sandberg warns of more Facebook privacy scandals; 06/04/2018 – Facebook suspends data firm linked with UK’s Vote Leave campaign; 14/05/2018 – Tim Cook Opens a New Front in Apple-Facebook Battle — Barron’s Blog; 20/03/2018 – WhatsApp co-founder just told followers to delete Facebook; 17/04/2018 – JGP Global Adds AB InBev, Exits Facebook, Cuts Kraft Heinz: 13F; 26/03/2018 – BREAKING: FTC says it “has an open non-public investigation into” Facebook’s privacy practices; 05/04/2018 – moneycontrol: Govt to wait for Cambridge Analytica’s reply before action in Facebook data leak case; 25/05/2018 – Apple sees steep increase in U.S. national security requests

Since February 13, 2018, it had 0 buys, and 3 selling transactions for $2.13 million activity. $164,932 worth of stock was sold by Eansor Norman David on Friday, May 4. Dinarello Charles A sold $680,303 worth of stock.

Sandler Capital Management, which manages about $3.75 billion and $818.71 million US Long portfolio, decreased its stake in Service Corp Intl (NYSE:SCI) by 41,040 shares to 311,044 shares, valued at $11.74 million in 2018Q1, according to the filing. It also reduced its holding in Arch Coal Inc by 75,100 shares in the quarter, leaving it with 7,700 shares, and cut its stake in Tupperware Brands Corp (Put) (NYSE:TUP).

Among 9 analysts covering BIO-TECHNE Corp (NASDAQ:TECH), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. BIO-TECHNE Corp had 25 analyst reports since August 18, 2015 according to SRatingsIntel. The rating was maintained by Leerink Swann on Tuesday, December 5 with “Buy”. The stock has “Buy” rating by Deutsche Bank on Thursday, March 1. The firm has “Buy” rating given on Wednesday, February 7 by Craig Hallum. The rating was maintained by Deutsche Bank on Wednesday, August 9 with “Buy”. Robert W. Baird maintained the stock with “Buy” rating in Monday, October 23 report. The stock of Bio-Techne Corporation (NASDAQ:TECH) has “Hold” rating given on Thursday, July 13 by Wells Fargo. As per Tuesday, May 3, the company rating was upgraded by Janney Capital. The stock of Bio-Techne Corporation (NASDAQ:TECH) earned “Buy” rating by Robert W. Baird on Tuesday, October 31. Citigroup initiated it with “Buy” rating and $115 target in Thursday, February 9 report. The stock has “Buy” rating by Leerink Swann on Thursday, May 3.

Investors sentiment increased to 1.32 in 2018 Q1. Its up 0.34, from 0.98 in 2017Q4. It improved, as 14 investors sold TECH shares while 89 reduced holdings. 53 funds opened positions while 83 raised stakes. 35.01 million shares or 1.47% less from 35.53 million shares in 2017Q4 were reported. First Natl Bank Of Omaha has 28,690 shares. Royal Commercial Bank Of Canada stated it has 0% in Bio-Techne Corporation (NASDAQ:TECH). 22,133 were reported by Nordea Management Ab. Principal Fin reported 0.03% stake. Los Angeles Capital Management And Equity has 10,750 shares. Schwab Charles Inv Management invested 0.03% of its portfolio in Bio-Techne Corporation (NASDAQ:TECH). Renaissance Technologies Lc reported 0.06% in Bio-Techne Corporation (NASDAQ:TECH). Parkside Bancshares & Trust invested 0.03% of its portfolio in Bio-Techne Corporation (NASDAQ:TECH). Barclays Public Limited stated it has 0% of its portfolio in Bio-Techne Corporation (NASDAQ:TECH). Summit Creek Ltd Liability owns 119,419 shares for 3.28% of their portfolio. Moreover, Sit Inv Assoc has 0.03% invested in Bio-Techne Corporation (NASDAQ:TECH) for 7,225 shares. Whittier Tru Company Of Nevada has invested 0% in Bio-Techne Corporation (NASDAQ:TECH). Bluecrest Cap Mgmt holds 0.01% or 2,803 shares. M&T Natl Bank Corp owns 3,573 shares. Quantum Capital Mngmt reported 53,083 shares stake.

More notable recent Bio-Techne Corporation (NASDAQ:TECH) news were published by: Washingtonpost.com which released: “Kia recalls more than 500000 vehicles” on June 08, 2018, also Investingnews.com with their article: “Apple Bans Cryptocurrency Mining Apps” published on June 12, 2018, Investingnews.com published: “iPass Partners with BSNL to Expand Wi-Fi Footprint in India” on June 13, 2018. More interesting news about Bio-Techne Corporation (NASDAQ:TECH) were released by: Seekingalpha.com and their article: “It’s Time To Add Some ‘Recession Proof’ Dividend Stocks To Your Portfolio” published on May 21, 2018 as well as Realmoney.Thestreet.com‘s news article titled: “Jim Cramer: Tech Can’t Do it All Alone” with publication date: June 05, 2018.

Empirical Financial Services Llc, which manages about $933.31M and $506.02M US Long portfolio, decreased its stake in Vaneck Vectors Etf Tr by 24,161 shares to 84,468 shares, valued at $2.62M in 2018Q1, according to the filing. It also reduced its holding in Vanguard Index Fds (VV) by 2,525 shares in the quarter, leaving it with 81,990 shares, and cut its stake in Apple Inc (NASDAQ:AAPL).

Since December 19, 2017, it had 0 insider purchases, and 65 selling transactions for $2.97 billion activity. Schroepfer Michael Todd sold $4.82M worth of stock or 26,940 shares. Sandberg Sheryl sold 55,000 shares worth $8.57 million. Koum Jan sold $231.84 million worth of Facebook, Inc. (NASDAQ:FB) on Monday, May 14. Stretch Colin had sold 750 shares worth $136,875 on Wednesday, May 23. $3.36 million worth of Facebook, Inc. (NASDAQ:FB) shares were sold by FISCHER DAVID B.. Shares for $1.96M were sold by Cox Christopher K.

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Investorplace.com which released: “Run With the Bulls in Facebook, Inc. Stock” on June 13, 2018, also Seekingalpha.com with their article: “Best Tech Stock: Facebook Vs. Microsoft” published on June 12, 2018, Nasdaq.com published: “Here’s Why You Should Not Forget About Snap Inc Stock Just Yet” on June 12, 2018. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Seekingalpha.com and their article: “Facebook: What Are Folks Missing?” published on June 06, 2018 as well as Livetradingnews.com‘s news article titled: “Facebook, Inc. (NASDAQ:FB) Entry at $170.00” with publication date: June 12, 2018.

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