Nea Management Company LLC Has Boosted Its Tesaro INC (TSRO) Holding by $8.29 Million as Market Value Declined

July 14, 2018 - By James Guidry

Tesaro, Inc. (NASDAQ:TSRO) LogoInvestors sentiment increased to 1.14 in Q1 2018. Its up 0.13, from 1.01 in 2017Q4. It improved, 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. Credit Suisse Ag stated it has 518,026 shares. 6,887 are held by Utah Retirement Systems. Wells Fargo & Co Mn reported 571,555 shares or 0.01% of all its holdings. Bailard owns 7,500 shares. Weiss Multi reported 0.02% stake. Bnp Paribas Asset Mngmt Holding stated it has 90,991 shares. Citadel Advsr Ltd Liability has 69,173 shares for 0% of their portfolio. Us Bank & Trust De holds 0% of its portfolio in Tesaro, Inc. (NASDAQ:TSRO) for 583 shares. New York-based Ghost Tree Limited Com has invested 0.72% in Tesaro, Inc. (NASDAQ:TSRO). Pub Employees Retirement Association Of Colorado accumulated 0% or 8,221 shares. Jennison Limited Co has 0.02% invested in Tesaro, Inc. (NASDAQ:TSRO) for 389,585 shares. Ivory Investment Ltd Liability invested 0.09% of its portfolio in Tesaro, Inc. (NASDAQ:TSRO). Moreover, Millennium Mngmt has 0.04% invested in Tesaro, Inc. (NASDAQ:TSRO). Td Asset Mngmt reported 55,616 shares. Schwab Charles Inv Management reported 0.01% in Tesaro, Inc. (NASDAQ:TSRO).

Since March 1, 2018, it had 9 insider purchases, and 8 selling transactions for $60.88 million activity. 7,142 shares valued at $307,920 were sold by Alleva Lawrence M on Tuesday, June 12. Bogle Grant C. sold 1,809 shares worth $99,224. MOTT DAVID M bought $8.35M worth of stock. The insider Oliveira Orlando sold $18,488. SANDELL SCOTT D also bought $8.35M worth of Tesaro, Inc. (NASDAQ:TSRO) on Friday, March 2. BASKETT FOREST bought $8.35 million 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: Seekingalpha.com which released: “Evaluation Of Tesaro: Fair Value And Acquisition Potential” on July 12, 2018, also Seekingalpha.com with their article: “Tesaro: Consider Calls” published on June 19, 2018, Nasdaq.com published: “Why Winnebago Industries, Synaptics, and Tesaro Jumped Today” on June 20, 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. The stock of Tesaro, Inc. (NASDAQ:TSRO) has “Buy” rating given on Friday, May 4 by H.C. Wainwright. The rating was maintained by Barclays Capital on Wednesday, February 28 with “Equal-Weight”. Cowen & Co maintained it with “Hold” rating and $66.0 target in Wednesday, February 28 report. The rating was maintained by Piper Jaffray on Monday, April 16 with “Hold”. The firm earned “Buy” rating on Friday, May 4 by Citigroup. The stock of Tesaro, Inc. (NASDAQ:TSRO) earned “Buy” rating by Wedbush on Tuesday, March 27. The stock of Tesaro, Inc. (NASDAQ:TSRO) earned “Buy” rating by Wells Fargo on Wednesday, February 28. On Thursday, January 18 the stock rating was maintained by Piper Jaffray with “Hold”. Lake Street maintained the shares of TSRO in report on Monday, May 7 with “Buy” rating. The rating was maintained by Credit Suisse on Wednesday, February 28 with “Outperform”.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.