Fic Capital Inc buys $8.9 Million stake in Alnylam Pharmaceuticals (ALNY)

Alnylam Pharmaceuticals (ALNY) : Fic Capital Inc scooped up 4,432 additional shares in Alnylam Pharmaceuticals during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 12, 2016. The investment management firm now holds a total of 169,138 shares of Alnylam Pharmaceuticals which is valued at $8.9 Million.Alnylam Pharmaceuticals makes up approximately 4.42% of Fic Capital Inc’s portfolio.

Other Hedge Funds, Including , Credit Agricole S A boosted its stake in ALNY in the latest quarter, The investment management firm added 1,270 additional shares and now holds a total of 12,182 shares of Alnylam Pharmaceuticals which is valued at $640,164.Blackrock Investment Management boosted its stake in ALNY in the latest quarter, The investment management firm added 2,278 additional shares and now holds a total of 42,942 shares of Alnylam Pharmaceuticals which is valued at $2.3 Million.Norges Bank boosted its stake in ALNY in the latest quarter, The investment management firm added 2,863 additional shares and now holds a total of 598,157 shares of Alnylam Pharmaceuticals which is valued at $31.4 Million. Alnylam Pharmaceuticals makes up approx 0.02% of Norges Bank’s portfolio.Candriam Luxembourg S.c.a. boosted its stake in ALNY in the latest quarter, The investment management firm added 4,000 additional shares and now holds a total of 61,000 shares of Alnylam Pharmaceuticals which is valued at $4.1 Million. Alnylam Pharmaceuticals makes up approx 0.10% of Candriam Luxembourg S.c.a.’s portfolio.

Alnylam Pharmaceuticals opened for trading at $53.94 and hit $55.5 on the upside on Friday, eventually ending the session at $55.11, with a gain of 2.68% or 1.44 points. The heightened volatility saw the trading volume jump to 6,82,271 shares. Company has a market cap of $4,715,267 M.

On the company’s financial health, Alnylam Pharmaceuticals reported $-1.21 EPS for the quarter, missing the analyst consensus estimate by $ -0.12 based on the information available during the earnings call on May 2, 2016. Analyst had a consensus of $-1.09. The company had revenue of $7.35 million for the quarter, compared to analysts expectations of $7.74 million. The company’s revenue was down -60.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.62 EPS.

Many Wall Street Analysts have commented on Alnylam Pharmaceuticals. Chardan Capital Markets Initiated Alnylam Pharmaceuticals on Apr 5, 2016 to “Buy”, Price Target of the shares are set at $93.Alnylam Pharmaceuticals was Upgraded by JP Morgan to ” Overweight” on Mar 11, 2016. Shares were Reiterated by Leerink Partners on Feb 16, 2016 to “Outperform” and Lowered the Price Target to $ 120 from a previous price target of $152 .

Alnylam Pharmaceuticals Inc. is a biopharmaceutical company. The Company is engaged in the research and development of therapeutics based on its ribonucleic acid interference (RNAi). The Company’s pipeline focuses in three strategic therapeutic areas (STArs): Genetic Medicines with a pipeline of RNAi therapeutics for the treatment of rare diseases; Cardio-Metabolic Disease with a pipeline of RNAi therapeutics toward genetically validated liver-expressed disease in cardiovascular and metabolic diseases and hepatic infectious disease with a pipeline of RNAi therapeutics for treatment of hepatic infectious diseases. Its products include Patisiran (ALN-TTR02) Revusiran (ALN-TTRsc) ALN-AT3 ALN-CC5 ALN-AS1 ALN-AAT ALN-GO1 ALN-TMP ALN-PCS ALN-PCSsc ALN-AC3 ALN-ANG ANGPTL3 ALN-HBV ALN-HDV and ALN-PDL. The Company is developing two investigational RNAi therapeutic candidates for TTR-Mediated Amyloidosis (ATTR): patisiran and revusiran.

Leave a Reply

Alnylam Pharmaceuticals - Is it time to Sell?

Top Brokerage Firms are advising their investors on Alnylam Pharmaceuticals. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.