Blackrock Continues to Hold Stake in Imax (IMAX); As Nuvasive (NUVA) Share Value Rose, Holder American Capital Management Has Cut Its Holding by $3.10 Million

NuVasive, Inc. (NASDAQ:NUVA) Logo

American Capital Management Inc decreased its stake in Nuvasive (NUVA) by 75.61% based on its latest 2019Q1 regulatory filing with the SEC. American Capital Management Inc sold 55,312 shares as the company’s stock rose 4.60% with the market. The institutional investor held 17,842 shares of the health care company at the end of 2019Q1, valued at $1.01 million, down from 73,154 at the end of the previous reported quarter. American Capital Management Inc who had been investing in Nuvasive for a number of months, seems to be less bullish one the $2.96 billion market cap company. The stock decreased 0.14% or $0.08 during the last trading session, reaching $57.07. About 281,049 shares traded. NuVasive, Inc. (NASDAQ:NUVA) has risen 22.52% since July 14, 2018 and is uptrending. It has outperformed by 18.09% the S&P500. Some Historical NUVA News: 01/05/2018 – NuVasive 1Q Loss/Shr 53c; 22/05/2018 – NuVasive PRECICE STRYDE™ System Used In First Patient For Stature Lengthening By International Limb Lengthening Expert; 26/03/2018 – At NuVasive $NUVA, Newly appointed CFO Rajesh Asarpota now takes over chief accounting officer position from what looks like to be recently terminated Jereme Sylvain (held position for less than 2 years); 22/05/2018 – NuVasive PRECICE STRYDE System Used in First Patient for Stature Lengthening by Intl Limb Lengthening Expert; 01/05/2018 – NuVasive Sees FY Adj EPS $2.44-Adj EPS $2.47; 22/04/2018 – DJ NuVasive Inc, Inst Holders, 1Q 2018 (NUVA); 15/05/2018 – Alyeska Investment Group LP Exits Position in NuVasive; 24/04/2018 – NuVasive Sponsors AANS 2018, Hosts Workshops And Presentations On Latest Innovations; 19/03/2018 – nuvasive, incorporated | nuvasive® vuepoint® ii oct system | K180198 | 03/15/2018 |; 26/03/2018 – We believe this adds conviction to our “reset” thesis for $NUVA as they clean house from a previously very aggressive accounting team. Extremely bearish, over the next 2 quarters. $NUVA

Blackrock Inc increased its stake in Imax Corp (IMAX) by 0.78% based on its latest 2019Q1 regulatory filing with the SEC. Blackrock Inc bought 20,651 shares as the company’s stock rose 12.01% with the market. The institutional investor held 2.67M shares of the industrial machinery and components company at the end of 2019Q1, valued at $60.53 million, up from 2.65 million at the end of the previous reported quarter. Blackrock Inc who had been investing in Imax Corp for a number of months, seems to be bullish on the $1.26 billion market cap company. The stock increased 1.04% or $0.21 during the last trading session, reaching $20.42. About 257,708 shares traded. IMAX Corporation (NYSE:IMAX) has declined 0.04% since July 14, 2018 and is downtrending. It has underperformed by 4.47% the S&P500. Some Historical IMAX News: 19/04/2018 – Record IMAX Signings in India Continue as INOX Leisure Ltd. Adds Five New IMAX® Theatres to Circuit; 15/05/2018 – Light Street Capital Mgmt LLC Exits Position in Imax; 24/04/2018 – IMAX:LASER SYSTEMS OPERATE UNDER JOINT REV. SHARING ARRANGEMENT; 12/05/2018 – IMAX, SAUDI ARABIA AGREE TO IDENTIFY, DEVELOP LOCAL FILMS; 28/03/2018 – IMAX China Forms Golden Cross: Technicals; 04/05/2018 – Stephens Inv Mgmt Group Exits Position in Imax; 15/05/2018 – IMAX Eyes Expansion In Saudi Arabia; Signs Multi-Theatre Deal With VOX Cinemas; 19/04/2018 – IMAX and Cinépolis Sign New Four-Theatre Agreement as Demand for IMAX in India Builds; 24/04/2018 – IMAX CORP – SIGNS AGREEMENT WITH AMC THEATRES TO TRANSFORM 87 IMAX AT AMC LOCATIONS; 12/03/2018 – New IMAX® 3D Documentary “Pandas” Opens April 6, 2018 At The California Science Center

More notable recent IMAX Corporation (NYSE:IMAX) news were published by: Bizjournals.com which released: “Cinemark renews partnership with IMAX – Dallas Business Journal” on April 03, 2019, also Seekingalpha.com with their article: “Stocks To Watch: Earnings Blitz And Autonomy Talk – Seeking Alpha” published on April 20, 2019, Fool.com published: “Why IMAX Shares Rose 10% in February – The Motley Fool” on March 11, 2019. More interesting news about IMAX Corporation (NYSE:IMAX) were released by: Fool.com and their article: “IMAX Boosts 2019 Box Office Projections – Motley Fool” published on April 26, 2019 as well as Seekingalpha.com‘s news article titled: “IMAX Q1 2019 Earnings Preview – Seeking Alpha” with publication date: April 25, 2019.

Blackrock Inc, which manages about $2239.80B US Long portfolio, decreased its stake in Natures Sunshine Products In (NASDAQ:NATR) by 33,439 shares to 464,970 shares, valued at $4.32M in 2019Q1, according to the filing. It also reduced its holding in Enterprise Bancorp Inc Mass (NASDAQ:EBTC) by 19,156 shares in the quarter, leaving it with 483,417 shares, and cut its stake in Central Pac Finl Corp (NYSE:CPF).

Investors sentiment decreased to 0.85 in 2019 Q1. Its down 0.53, from 1.38 in 2018Q4. It turned negative, as 32 investors sold NUVA shares while 83 reduced holdings. 26 funds opened positions while 72 raised stakes. 64.78 million shares or 21.83% more from 53.17 million shares in 2018Q4 were reported. Swiss Retail Bank holds 93,669 shares. Greenleaf Tru has invested 0% of its portfolio in NuVasive, Inc. (NASDAQ:NUVA). Bank & Trust Of Montreal Can holds 0% in NuVasive, Inc. (NASDAQ:NUVA) or 5,636 shares. Guggenheim Ltd Liability Company reported 0% stake. State Treasurer State Of Michigan has 18,400 shares. Texas Permanent School Fund has invested 0.03% in NuVasive, Inc. (NASDAQ:NUVA). Malaga Cove Capital Limited Liability Corp owns 25,968 shares for 0.9% of their portfolio. Moreover, Profund Ltd has 0.02% invested in NuVasive, Inc. (NASDAQ:NUVA) for 7,045 shares. Rothschild Asset Management Us stated it has 0.09% of its portfolio in NuVasive, Inc. (NASDAQ:NUVA). Hightower Advisors reported 28,581 shares or 0.01% of all its holdings. Meeder Asset Management has 0% invested in NuVasive, Inc. (NASDAQ:NUVA) for 260 shares. Boston Advsr Lc has invested 0.07% in NuVasive, Inc. (NASDAQ:NUVA). Champlain Invest Ptnrs Lc has invested 1.13% in NuVasive, Inc. (NASDAQ:NUVA). Primecap Mngmt Ca invested in 815,600 shares or 0.03% of the stock. California Employees Retirement System owns 79,540 shares or 0.01% of their US portfolio.

Analysts await NuVasive, Inc. (NASDAQ:NUVA) to report earnings on July, 30. They expect $0.56 earnings per share, down 3.45% or $0.02 from last year’s $0.58 per share. NUVA’s profit will be $29.05M for 25.48 P/E if the $0.56 EPS becomes a reality. After $0.53 actual earnings per share reported by NuVasive, Inc. for the previous quarter, Wall Street now forecasts 5.66% EPS growth.

American Capital Management Inc, which manages about $2.16 billion US Long portfolio, upped its stake in Nice (NASDAQ:NICE) by 4,448 shares to 584,353 shares, valued at $71.59M in 2019Q1, according to the filing. It also increased its holding in Graham (NYSE:GHM) by 18,300 shares in the quarter, for a total of 311,998 shares, and has risen its stake in Bottomline Technologies (NASDAQ:EPAY).

NuVasive, Inc. (NASDAQ:NUVA) Institutional Positions Chart

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