Cerner Co. (CERN) CEO Sells 140000 Shares of Stock

Lloyd Doyle
December 7, 2017

STT's SI was 3.84M shares in December as released by FINRA. Its down 9.69% from 4.26M shares previously. The stock increased 1.47% or $1.26 during the last trading session, reaching $87.18. About 598,150 shares traded. It has outperformed by 16.39% the S&P500.

Prentiss Smith & Co Inc decreased Cerner Corp. The Gross Margin Score of Cerner Corporation (NasdaqGS:CERN) is 9.00000. (CERN)'s stock rose 14.16%. Laurel Wealth Advisors Inc. now owns 3,909 shares of the company's stock worth $259,000 after acquiring an additional 24 shares during the last quarter. Cerner Corp. now has $23.20 billion valuation. 1,185,678 shares of the stock traded hands, compared to its average volume of 2,374,968. Cerner Corporation (NASDAQ:CERN) has risen 19.54% since December 5, 2016 and is uptrending.

State Street Corporation, through its subsidiaries, provides a range of financial services and products to institutional investors worldwide. (NYSE:SRC) has a market cap of $3.79 billion and over the last 12 months, SRC has declined by -21.83%. It has a 17.93 P/E ratio.

Several research firms have weighed in on CERN.

Investors sentiment decreased to 0.87 in Q2 2017. Its down 0.06, from 0.93 in 2017Q1. It increased, as 47 investors sold CHRW shares while 131 reduced holdings. The company reported $0.59 EPS for the quarter, topping the Zacks' consensus estimate of $0.53 by $0.06. It also upped Caretrust Reit Inc (NASDAQ:CTRE) stake by 45,597 shares and now owns 52,907 shares. 236,789 were reported by Schroder Investment Mgmt Gp. The Florida-based Texas Yale has invested 0.12% in C.H. Robinson Worldwide, Inc. Security Natl Trust invested 0.05% of its portfolio in State Street Corporation (NYSE:STT). Commercial Bank Of New York Mellon, a New York-based fund reported 17.55 million shares. Out of 8 Wall Street analysts rating Cerner, 1 give it "Buy", 1 "Sell" rating, while 6 recommend "Hold". Cooke And Bieler Ltd Partnership holds 1.38M shares or 2.38% of its portfolio. A 11 analysts rate it as either a buy or a strong buy, while0 believe that investors should either steer clear of CERN or, if they already own its stock, sell it. Therefore 25% are positive. They just need to take the company's market capitalization and divide it by the company's total sales over the past 12 months. The stock's average target of $58.75 is -15.48% below today's ($69.51) share price. The rating was downgraded by Bank of America on Monday, November 7 to "Underperform". The firm has "Hold" rating by Jefferies given on Monday, July 10. The firm has "Hold" rating by BMO Capital Markets given on Thursday, November 30. 124.62 million shares or 2.36% more from 121.75 million shares in 2017Q1 were reported. West Coast Limited Liability Corp holds 137,648 shares or 2.92% of its portfolio. (NYSE:TWLO) by 40.43% during the September 2017 quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. Alpha Windward Ltd Liability Corp reported 2,598 shares.


The collective rating of 2.2 for Cerner Corporation (NASDAQ:CERN) also leans strongly towards the neutral end of the spectrum. Stevens First Principles Inv invested in 0.29% or 7,450 shares. Gw Henssler And Ltd invested in 1.29% or 186,154 shares. Cerner Corporation (NasdaqGS:CERN) presently has a 10 month price index of 1.31248.

At the session level, shares of Cerner Corporation (NASDAQ:CERN) moved 0.04% from the open. Sumitomo Mitsui Asset Mngmt owns 11,798 shares for 0.01% of their portfolio. Moreover, Hightower Advsr Lc has 0.13% invested in Cerner Corporation (NASDAQ:CERN). Kbc Group Nv owns 484,021 shares for 0.31% of their portfolio. Parkside State Bank And accumulated 80 shares. Raymond James Associates owns 173,500 shares or 0.02% of their U.S. portfolio.

Cerner Corporation (Cerner) is a supplier of healthcare information technology (HCIT). BISBEE GERALD E JR also sold $421,414 worth of Cerner Corporation (NASDAQ:CERN) on Friday, June 9. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and nine have given a buy rating to the stock.

A number of analysts have issued reports on the stock. On Wednesday, August 5 the stock rating was downgraded by RBC Capital Markets to "Sector Perform". Canaccord Genuity maintained the shares of CERN in report on Friday, October 6 with "Buy" rating. Finally, Piper Jaffray Companies reissued a "buy" rating and issued a $77.00 price objective on shares of Cerner in a report on Thursday, October 12th. The other 11, though not evenly; between analysts who think you should buy Cerner Corporation versus those who think you should sell it.

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