Institutional investors now have $144 million stake in Fluidigm Corporation (FLDM)

Fluidigm Corporation (NASDAQ:FLDM) marched up 77.34% compared to a 52-week low price of $2.52. The shares were last seen trading -14.89% lower, taking the closing price at $4.46 on 11/13/2017. At recent session, the prices were hovering between $4.45 and $5.24. This company shares are 19.51% off its target price of $5.33 and the current market capitalization stands at $171.67M. The recent change has given its price a -13.73% deficit over SMA 50 and -48.68% deficit over its 52-week high. The stock witnessed -4.5% declines, 25.63% gains and -25.04% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found FLDM’s volatility during a week at 8.98% and during a month it has been found around 10.39%.

Fluidigm Corporation (FLDM) Top Holders

Institutional investors currently hold around $144 million or 95.3% in FLDM stock. Look at its top three institutional owners. Levin Capital Strategies, L.P. owns $30.16 million in Fluidigm Corporation, which represents roughly 17.57% of the company’s market cap and approximately 20.94% of the institutional ownership. Similar statistics are true for the second largest owner, Primecap Management Co/Ca/, which owns 4,283,843 shares of the stock are valued at $22.45 million. The third largest holder is Russell Investments Group, Ltd., which currently holds $18.07 million worth of this stock and that ownership represents nearly 10.52% of its market capitalization.

Fluidigm Corporation 13F Filings

At the end of 06/30/2017 reporting period, 41 institutional holders increased their position in Fluidigm Corporation (NASDAQ:FLDM) by some 2,579,742 shares, 25 decreased positions by 1,624,381 and 21 held positions by 23,326,354. That puts total institutional holdings at 27,530,477 shares, according to SEC filings. The stock grabbed 10 new institutional investments totaling 234,821 shares while 5 institutional investors sold out their entire positions totaling 672,378 shares.

Fluidigm Corporation (NASDAQ:FLDM) Insider Trades

Multiple company employees have indulged in significant insider trading. Fluidigm Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Levin Capital Strategies, L.P. has acquired 25,000 shares of Fluidigm Corporation (FLDM) in trading session dated Nov. 09, 2017. These shares are worth $128,000 and were traded at $5.12 each. The SEC filing shows that Levin Capital Strategies, L.P. performed a purchase of 54,900 shares. The added these shares by way of transaction on Nov. 08, 2017. The company’s shares were assimilated at $5.26 per share worth to an investment of some $288,774 on account of Levin Capital Strategies, L.P..

, Levin Capital Strategies, L.P., purchased 4,227 common shares of Fluidigm Corporation (FLDM) in the open market. In a transaction dated Oct. 25, 2017, the shares were bought at an average price of $5.42, giving away a sum of $22,910. After this purchase, 11,458,654 common shares of FLDM are directly owned by the insider, with total stake valued at $51,105,597.

In the transaction dated Oct. 25, 2017, the great number of shares acquired came courtesy the ; Levin Capital Strategies, L.P. added a total of 4,227 shares at an average price of $5.42, amounting to approximately $22,910. The insider now directly owns 11,781,155 shares worth $52,543,951.

Fluidigm Corporation (FLDM) Analyst Guide

Several analysts have released their opinion on Fluidigm Corporation (NASDAQ:FLDM), with 0 analysts believing it is a strong buy. Whereas 2 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 3 average brokerage recommendation.

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