Oracle Investment Management INC Has Upped Tesaro INC (TSRO) Position by $64.88 Million

April 16, 2018 - By Margaret Downey

Tesaro, Inc. (NASDAQ:TSRO) LogoInvestors sentiment decreased to 1.01 in 2017 Q4. Its down 0.20, from 1.21 in 2017Q3. It dropped, as 46 investors sold TSRO shares while 64 reduced holdings. 39 funds opened positions while 72 raised stakes. 57.95 million shares or 0.57% less from 58.28 million shares in 2017Q3 were reported. Rmb Cap Mgmt Ltd invested in 19,879 shares. 721,281 were reported by Pictet Asset. Rock Springs Management Lp reported 2.06% in Tesaro, Inc. (NASDAQ:TSRO). Royal State Bank Of Canada reported 0% stake. Kbc Nv holds 0% or 5,606 shares. Aqr Ltd Company reported 0% stake. Brown Brothers Harriman Communications, a New York-based fund reported 22 shares. State Of Alaska Department Of Revenue stated it has 2,700 shares. Sumitomo Mitsui Asset Mgmt Co has 2,532 shares for 0% of their portfolio. 109,142 are owned by Sumitomo Mitsui Tru Holdings Incorporated. Bourgeon Capital Management Ltd Liability has 2,550 shares. Susquehanna Grp Llp invested in 198,562 shares. Whittier Trust accumulated 12,245 shares or 0.04% of the stock. Federated Invsts Pa accumulated 305,482 shares. Citigroup holds 0.01% of its portfolio in Tesaro, Inc. (NASDAQ:TSRO) for 207,737 shares.

Since March 1, 2018, it had 9 insider purchases, and 7 sales for $61.19 million activity. KERINS PATRICK J bought $6.68M worth of Tesaro, Inc. (NASDAQ:TSRO) on Friday, March 2. $211,485 worth of Tesaro, Inc. (NASDAQ:TSRO) was sold by Hedley Mary Lynne on Thursday, March 1. The insider Huber Martin H. Jr. sold 1,803 shares worth $98,913. $8.35M worth of stock was bought by MOTT DAVID M on Friday, March 2. The insider Oliveira Orlando sold 337 shares worth $18,488. The insider Farmer Joseph L sold 2,634 shares worth $144,501.

Oracle Investment Management Inc increased its stake in Tesaro Inc (TSRO) by 791.24% based on its latest 2017Q4 regulatory filing with the SEC. Oracle Investment Management Inc bought 791,242 shares as the company’s stock declined 29.72% with the market. The hedge fund held 891,242 shares of the health care company at the end of 2017Q4, valued at $73.71 million, up from 100,000 at the end of the previous reported quarter. Oracle Investment Management Inc who had been investing in Tesaro Inc for a number of months, seems to be bullish on the $2.88B market cap company. The stock increased 0.58% or $0.3017 during the last trading session, reaching $52.5617. About 121,028 shares traded. Tesaro, Inc. (NASDAQ:TSRO) has declined 63.82% since April 16, 2017 and is downtrending. It has underperformed by 75.37% the S&P500.

Tesaro, Inc. (NASDAQ:TSRO) Ratings Coverage

Among 12 analysts covering Tesaro (NASDAQ:TSRO), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. Tesaro had 16 analyst reports since October 23, 2017 according to SRatingsIntel. Guggenheim maintained the shares of TSRO in report on Wednesday, January 3 with “Buy” rating. The firm earned “Buy” rating on Wednesday, February 28 by Leerink Swann. The rating was maintained by Credit Suisse with “Outperform” on Wednesday, February 28. As per Tuesday, March 27, the company rating was maintained by Wedbush. The firm has “Overweight” rating by Morgan Stanley given on Thursday, March 1. The firm earned “Hold” rating on Wednesday, February 28 by Cowen & Co. As per Wednesday, November 15, the company rating was upgraded by Leerink Swann. The firm has “Hold” rating by Piper Jaffray given on Thursday, January 18. The company was maintained on Wednesday, November 8 by Morgan Stanley. The company was maintained on Wednesday, February 28 by Wells Fargo.

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

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