Amarin Corp PLC (NASDAQ:AMRN) Institutional Investors Sentiment Index Improved in 2018 Q4

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Sentiment for Amarin Corp PLC (NASDAQ:AMRN)

Amarin Corp PLC (NASDAQ:AMRN) institutional sentiment increased to 1.65 in 2018 Q4. Its up 0.02, from 1.63 in 2018Q3. The ratio has improved, as 107 active investment managers opened new and increased positions, while 65 trimmed and sold stakes in Amarin Corp PLC. The active investment managers in our partner’s database now have: 139.69 million shares, up from 126.12 million shares in 2018Q3. Also, the number of active investment managers holding Amarin Corp PLC in their top 10 positions increased from 7 to 10 for an increase of 3. Sold All: 18 Reduced: 47 Increased: 41 New Position: 66.

Amarin Corporation plc, a biopharmaceutical company, focuses on the development and commercialization of therapeutics for the treatment of cardiovascular diseases in the United States. The company has market cap of $5.76 billion. The companyÂ’s lead product is Vascepa, a prescription-only omega-3 fatty acid capsule, used as an adjunct to diet for reducing triglyceride levels in adult patients with severe hypertriglyceridemia. It currently has negative earnings. It is also involved in developing Vascepa for the treatment of patients with high triglyceride levels who are also on statin therapy for elevated low-density lipoprotein cholesterol levels.

The stock decreased 0.31% or $0.05 during the last trading session, reaching $17.42. About 2.23 million shares traded. Amarin Corporation plc (NASDAQ:AMRN) has risen 537.69% since May 8, 2018 and is uptrending. It has outperformed by 533.32% the S&P500.

Analysts await Amarin Corporation plc (NASDAQ:AMRN) to report earnings on August, 7. They expect $-0.06 earnings per share, up 50.00 % or $0.06 from last year’s $-0.12 per share. After $-0.07 actual earnings per share reported by Amarin Corporation plc for the previous quarter, Wall Street now forecasts -14.29 % EPS growth.

Oracle Investment Management Inc holds 21.96% of its portfolio in Amarin Corporation plc for 5.20 million shares. Apis Capital Advisors Llc owns 1.16 million shares or 21.2% of their US portfolio. Moreover, Consonance Capital Management Lp has 9.46% invested in the company for 9.45 million shares. The Massachusetts-based Opaleye Management Inc. has invested 6.35% in the stock. Baker Bros. Advisors Lp, a New York-based fund reported 42.59 million shares.

Since January 1, 0001, it had 0 buys, and 15 insider sales for $40.01 million activity.

Amarin Corporation plc (NASDAQ:AMRN) Ratings Coverage

Ratings analysis reveals 100% of Amarin’s analysts are positive. Out of 4 Wall Street analysts rating Amarin, 4 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $27 while the high is $51. The stock’s average target of $35.75 is 105.22% above today’s ($17.42) share price. AMRN was included in 10 notes of analysts from February 22, 2019. The stock has “Buy” rating by Cantor Fitzgerald on Friday, March 15. On Thursday, March 21 the stock rating was initiated by Stifel Nicolaus with “Buy”. The firm has “Buy” rating by H.C. Wainwright given on Thursday, February 28. Jefferies maintained Amarin Corporation plc (NASDAQ:AMRN) rating on Wednesday, February 27. Jefferies has “Buy” rating and $30 target. Cantor Fitzgerald maintained the stock with “Buy” rating in Friday, February 22 report. The company was maintained on Friday, March 8 by Cantor Fitzgerald. H.C. Wainwright maintained Amarin Corporation plc (NASDAQ:AMRN) rating on Tuesday, March 19. H.C. Wainwright has “Buy” rating and $51 target. The stock has “Buy” rating by Cantor Fitzgerald on Friday, March 22.

More notable recent Amarin Corporation plc (NASDAQ:AMRN) news were published by: Seekingalpha.com which released: “Amarin misses by $0.02, beats on revenue – Seeking Alpha” on February 27, 2019, also Finance.Yahoo.com with their article: “What Kind Of Investor Owns Most Of Amarin Corporation plc (NASDAQ:AMRN)? – Yahoo Finance” published on April 25, 2019, Globenewswire.com published: “New Drug Submission Filed for Vascepa® with Health Canada – GlobeNewswire” on April 29, 2019. More interesting news about Amarin Corporation plc (NASDAQ:AMRN) were released by: Globenewswire.com and their article: “INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100000 Investing In AMRN, KHC, DPLO or VNDA To Contact The Firm – GlobeNewswire” published on April 08, 2019 as well as Nasdaq.com‘s news article titled: “Options Traders Expect Huge Moves in Amarin (AMRN) Stock – Nasdaq” with publication date: May 02, 2019.

Amarin Corporation plc (NASDAQ:AMRN) Institutional Positions Chart

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