Institutional Holdings and Trade Data for Incyte Corporation (INCY)

In the past 52-week period, shares of Incyte Corporation (NASDAQ:INCY) have moved within the range of $88.74 to $153.15. On the stock’s most recent trading day, the company’s shares ended the regular session at $108.14, which is 29.39% lower than its 52-week high.

Incyte Corporation (INCY) has demonstrated a 20-day simple moving average (SMA) of -4.12%, and a 50-day SMA of -8.09%. This public company’s current market capitalization stands at $23.13 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Checking the amount of enthusiasm that Wall Street analysts hold for a particular stock is crucial when thinking about entering a position. According to the latest data, the consensus recommendation for Incyte Corporation (INCY) is Outperform.

Public companies normally post earnings and revenue results that fall somewhat above or below the average Wall Street estimate. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Incyte Corporation (INCY) delivered a 5.91% surprise with its net revenue. Sales reached $0.38 billion during the three-month period, compared to the average analyst estimate of $0.36 billion.

Meanwhile, during the same quarter Incyte Corporation (INCY) delivered a 14.29% earnings surprise. Net earnings for the quarter were posted at $0.08 per share, whereas Wall Street had forecast $0.07 per share.

Ownership at Incyte Corporation (INCY), According to Most Recent SEC Filings

A publicly-traded organization’s latest 13F filings tell us important details about its institutional ownership. Incyte Corporation (INCY) has 0.21 billion shares outstanding currently, 90.04% of which belong to institutional investors. Those institutional holdings amount to $20.03 billion.

Additionally, according to the most recent 13F filing from Incyte Corporation (INCY), there were 44 new positions totaling 1,458,533 shares of the company’s stock. There were 65 sold out positions, on the other hand, totaling 1,883,113 shares.

Short, Medium and Long Term Indicators

Assessing the average trade volume of a public company’s stock in the short, medium and long term is helpful to gain an understanding of trading activity and investor sentiment. Incyte Corporation (INCY) has had a 20-day average volume of 1,868,175 shares, with an average of 60% of short term indicators pointed at Sell.

The stock’s 50-day average volume has been 1,923,642 shares, with an average of 100% of medium term indicators pointing toward Sell. Finally, its 100-day average volume is 1,532,866 shares with 100% of long-term indicators pointing to Sell.