Spectrum Pharmaceuticals (SPPI) Stock Declined While Dekabank Deutsche Girozentrale Trimmed Its Stake by $1.32 Million; As Cisco Systems (CSCO) Share Value Declined, American International Group Has Cut Stake

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American International Group Inc decreased its stake in Cisco Systems Inc (CSCO) by 3.56% based on its latest 2018Q3 regulatory filing with the SEC. American International Group Inc sold 563,773 shares as the company’s stock declined 0.45% with the market. The institutional investor held 15.26M shares of the technology company at the end of 2018Q3, valued at $742.56M, down from 15.83 million at the end of the previous reported quarter. American International Group Inc who had been investing in Cisco Systems Inc for a number of months, seems to be less bullish one the $213.56B market cap company. The stock decreased 0.81% or $0.39 during the last trading session, reaching $47.5. About 80,775 shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 25.29% since February 14, 2018 and is uptrending. It has outperformed by 25.29% the S&P500. Some Historical CSCO News: 10/05/2018 – CISCO COMPLETES PURCHASE OF ACCOMPANY; 07/05/2018 – lnternet2 lnclusivity Award Recipients, Network Startup Resource Center-lnternet2 Fellows Announced; 30/05/2018 – Cisco Announces June 2018 Events with the Financial Community; 12/04/2018 – CISCO – APPOINTMENT OF GARRETT BRINGS CISCO’S BOARD TO 12 MEMBERS; 22/05/2018 – Lumos Data Centers Launches Suite of laaS Solutions; 23/05/2018 – Cyber firms warn on suspected Russian plan to attack Ukraine; 28/03/2018 – ARISTA NETWORKS INC – ITC ISSUED RD IN ITC 945 MODIFICATION PROCEEDING INITIATED BY CISCO SYSTEMS, AGAINST ARISTA NETWORKS; 08/05/2018 – LaSalle Solutions renews Cisco TelePresence Video Master Authorization in US; 21/03/2018 – Cisco Collaborates on Phones with American Council of the Blind; 07/03/2018 – Cisco Brings Visibility and Insights to lT’s Biggest Blind Spot: The WAN

Dekabank Deutsche Girozentrale decreased its stake in Spectrum Pharmaceuticals Inc (SPPI) by 86.74% based on its latest 2018Q3 regulatory filing with the SEC. Dekabank Deutsche Girozentrale sold 60,200 shares as the company’s stock declined 38.10% with the market. The institutional investor held 9,200 shares of the health care company at the end of 2018Q3, valued at $208,000, down from 69,400 at the end of the previous reported quarter. Dekabank Deutsche Girozentrale who had been investing in Spectrum Pharmaceuticals Inc for a number of months, seems to be less bullish one the $1.25 billion market cap company. The stock increased 1.90% or $0.22 during the last trading session, reaching $11.82. About 835,478 shares traded. Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) has declined 33.05% since February 14, 2018 and is downtrending. It has underperformed by 33.05% the S&P500. Some Historical SPPI News: 10/04/2018 – SPPI: PRELIM CONFIRMED ORR/POSSIBLE PFS BENEFIT OBSERVED; 17/05/2018 – CORRECTING and REPLACING Spectrum Pharmaceuticals Announces Detailed Results from Phase 3 Study of ROLONTIS® (eflapegrastim) Published in an ASCO Abstract; 27/04/2018 – Company Profile for SPECTRUM PHARMACEUTICALS; 30/04/2018 – SPECTRUM: BERNICE WELLES RECOMMENDED TO BOARD; 30/04/2018 – Spectrum Pharmaceuticals Announces Corporate Governance Enhancements and Board Changes; 29/03/2018 – SPPI: BYLAWS AMENDED TO ESTABLISH SOME HLDR PROXY ACCESS RIGHTS; 03/05/2018 – SPECTRUM GETS LICENSE TO FILED PATENTS RELATED TO EXON 20; 07/05/2018 – Delcath Announces Initiation of Registrational Trial of Melphalan/HDS in Intrahepatic Cholangiocarcinoma; 05/04/2018 – CASI SAYS EVOMELA SCHEDULED FOR REVIEW BY COMMITTEE APRIL 25-26; 30/04/2018 – SPECTRUM PHARMA : BYLAWS AMENDED TO ENABLE PROXY ACCESS

Among 7 analysts covering Spectrum Pharma (NASDAQ:SPPI), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Spectrum Pharma had 18 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was reinitiated by H.C. Wainwright with “Buy” on Wednesday, August 16. The rating was maintained by RBC Capital Markets on Thursday, November 5 with “Outperform”. The stock has “Buy” rating by Jefferies on Monday, October 9. Jefferies maintained Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) rating on Thursday, August 24. Jefferies has “Buy” rating and $9.0 target. The stock of Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) has “Buy” rating given on Monday, November 12 by FBR Capital. FBR Capital maintained the stock with “Buy” rating in Monday, May 14 report. On Friday, August 7 the stock rating was maintained by RBC Capital Markets with “Outperform”. The company was maintained on Friday, May 4 by H.C. Wainwright. The rating was maintained by Jefferies with “Buy” on Friday, February 10. Jefferies maintained Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) rating on Wednesday, June 7. Jefferies has “Buy” rating and $900 target.

Investors sentiment decreased to 1.76 in 2018 Q3. Its down 0.33, from 2.09 in 2018Q2. It turned negative, as 14 investors sold SPPI shares while 37 reduced holdings. 30 funds opened positions while 60 raised stakes. 85.20 million shares or 5.98% less from 90.61 million shares in 2018Q2 were reported. Employees Retirement System Of Texas accumulated 58,000 shares. Endurant Capital Limited Partnership stated it has 26,534 shares. Prudential Incorporated holds 0% or 174,861 shares. Sei Investments Com has 3,165 shares. Citigroup, a New York-based fund reported 45,913 shares. 1.65M are held by Renaissance Technologies Limited Liability. Plante Moran Advsr Ltd Co has invested 0.02% in Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI). Riverhead Capital Limited Liability reported 9,500 shares. Retail Bank Of Ny Mellon invested 0% of its portfolio in Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI). Tci Wealth owns 247 shares. Louisiana State Employees Retirement reported 43,600 shares stake. Bnp Paribas Arbitrage reported 5,532 shares. Moreover, Connor Clark & Lunn Investment Limited has 0% invested in Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI). Credit Suisse Ag holds 74,073 shares. Ameriprise Fincl Incorporated reported 573,011 shares stake.

Analysts await Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) to report earnings on March, 5. They expect $-0.23 EPS, up 20.69% or $0.06 from last year’s $-0.29 per share. After $-0.17 actual EPS reported by Spectrum Pharmaceuticals, Inc. for the previous quarter, Wall Street now forecasts 35.29% negative EPS growth.

Dekabank Deutsche Girozentrale, which manages about $16.92 billion US Long portfolio, upped its stake in Norfolk Southern Corp (NYSE:NSC) by 4,049 shares to 58,962 shares, valued at $10.47 million in 2018Q3, according to the filing. It also increased its holding in Jd Com Inc (NASDAQ:JD) by 65,000 shares in the quarter, for a total of 406,670 shares, and has risen its stake in State Str Corp (NYSE:STT).

Since October 9, 2018, it had 0 insider buys, and 12 selling transactions for $1.54 million activity. Shares for $109,578 were sold by Riga Thomas J on Wednesday, January 16. GUSTAFSON KURT A sold $33,471 worth of stock or 3,207 shares. 36,311 Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) shares with value of $394,810 were sold by Turgeon Joseph W.. Gagnon Gilles also sold $153,349 worth of Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) shares. McGahan Keith M had sold 2,496 shares worth $27,541 on Thursday, February 7. Vyas Dolatrai sold $63,826 worth of stock or 6,010 shares.

More notable recent Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) news were published by: Streetinsider.com which released: “Pre-Open Stock Movers 01/17: (LPCN) (TA) (KNX) Higher; (SIG) (FUL) (MS) Lower (more…) – StreetInsider.com” on January 17, 2019, also Seekingalpha.com with their article: “Spectrum submits BLA for Rolontis – Seeking Alpha” published on December 27, 2018, Schaeffersresearch.com published: “3 Biotech Stocks Falling on FDA News – Schaeffers Research” on December 20, 2018. More interesting news about Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) were released by: Seekingalpha.com and their article: “Spectrum Pharmaceuticals (SPPI) Presents At Cantor Global Healthcare Conference – Slideshow – Seeking Alpha” published on October 03, 2018 as well as Nasdaq.com‘s news article titled: “RSI Alert: Spectrum Pharmaceuticals (SPPI) Now Oversold – Nasdaq” with publication date: October 04, 2018.

Investors sentiment increased to 0.85 in 2018 Q3. Its up 0.01, from 0.84 in 2018Q2. It increased, as 53 investors sold CSCO shares while 728 reduced holdings. 139 funds opened positions while 525 raised stakes. 3.15 billion shares or 3.12% less from 3.26 billion shares in 2018Q2 were reported. Wealthcare Cap Mngmt Ltd Com accumulated 68 shares or 0% of the stock. Girard Partners Limited owns 1.43% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 165,925 shares. Kentucky Retirement has 441,425 shares. Moreover, Mitchell Mcleod Pugh Williams has 1.16% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Cincinnati Corp stated it has 2.38M shares. 362,794 are owned by Ledyard Retail Bank. 10,205 are held by Confluence Wealth Mngmt Limited Company. Stillwater Management Ltd Llc stated it has 71,208 shares. Nj State Employees Deferred Compensation Plan invested in 1.12% or 135,000 shares. 6,036 are held by Aviance Capital Prtn Ltd Co. Moreover, Silvercrest Asset Mgmt Grp Limited has 1.68% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Jupiter Asset Mngmt Ltd holds 1.74% or 1.25M shares. A D Beadell Counsel Inc reported 45,662 shares or 1.88% of all its holdings. Round Table Svcs Ltd Liability Com invested 0.33% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Beese Fulmer Investment Mngmt Inc holds 0.16% in Cisco Systems, Inc. (NASDAQ:CSCO) or 16,968 shares.

American International Group Inc, which manages about $30.16B US Long portfolio, upped its stake in Baker Hughes A Ge Co by 9,818 shares to 177,033 shares, valued at $5.99M in 2018Q3, according to the filing. It also increased its holding in Cme Group Inc (NASDAQ:CME) by 7,200 shares in the quarter, for a total of 147,214 shares, and has risen its stake in Rollins Inc (NYSE:ROL).

Since September 11, 2018, it had 0 insider purchases, and 10 insider sales for $27.62 million activity. Shares for $1.52M were sold by BHATT PRAT on Friday, November 23. Kramer Kelly A. also sold $3.30M worth of Cisco Systems, Inc. (NASDAQ:CSCO) on Tuesday, September 11. 25,000 Cisco Systems, Inc. (NASDAQ:CSCO) shares with value of $1.20M were sold by WEST STEVEN M. 4,744 Cisco Systems, Inc. (NASDAQ:CSCO) shares with value of $209,025 were sold by BURNS M MICHELE. Robbins Charles sold 217,420 shares worth $10.28M. $3.00M worth of Cisco Systems, Inc. (NASDAQ:CSCO) was sold by Goeckeler David.

Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) Institutional Positions Chart