Edge Wealth Management Has Cut Shire Plc (SHPG) Position By $1.11 Million; Mimecast Limited – Ordinary Shares (MIME) Shorts Decreased By 48.06%

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Edge Wealth Management Llc decreased Shire Plc (SHPG) stake by 92.48% reported in 2018Q1 SEC filing. Edge Wealth Management Llc sold 7,522 shares as Shire Plc (SHPG)’s stock rose 30.80%. The Edge Wealth Management Llc holds 612 shares with $91,000 value, down from 8,134 last quarter. Shire Plc now has $49.36 billion valuation. The stock increased 1.11% or $1.79 during the last trading session, reaching $162.4. About 958,526 shares traded. Shire plc (NASDAQ:SHPG) has declined 10.60% since June 22, 2017 and is downtrending. It has underperformed by 23.17% the S&P500. Some Historical SHPG News: 19/04/2018 – SHIRE – SHIRE’S ADVISERS ENTERED INTO A DIALOGUE WITH TAKEDA’S ADVISERS TO DISCUSS WHETHER A FURTHER, MORE ATTRACTIVE, PROPOSAL MAY BE FORTHCOMING; 08/05/2018 – TAKEDA 4502.T ANNOUNCES AGREEMENT ON COMMENCEMENT OF FRIENDLY ACQUISITION PROCEDURE TO MAKE SHIRE A 100 PCT UNIT; 20/04/2018 – SHIRE GAINS IN N.Y.; CONSIDERING POSITION ON TAKEDA PROPOSAL; 19/04/2018 – ALLERGAN PLC – ALLERGAN ISSUES STATEMENT REGARDING PRESS SPECULATION ON ITS STRATEGIC REVIEW; 25/04/2018 – Shire’s mega deal fails to lift Britain’s FTSE amid global gloom; 26/04/2018 – Shire Sees 2018 Adjusted Diluted Earnings per ADS $14.90 – $15.50; 28/03/2018 – Does a $50B-plus Shire buyout even make sense for Takeda? Maybe not; 28/03/2018 – SHIRE PLC SHP.L – NOTES ANNOUNCEMENT BY TAKEDA PHARMACEUTICAL COMPANY LIMITED; 20/04/2018 – TAKEDA IS SAID TO NOT HAVE MADE A FINAL DECISION ON SHIRE BID; 24/04/2018 – Shire, Takeda reach breakthrough in $64 bln deal talks

Mimecast Limited – Ordinary Shares (NASDAQ:MIME) had a decrease of 48.06% in short interest. MIME’s SI was 99,200 shares in June as released by FINRA. Its down 48.06% from 191,000 shares previously. With 209,800 avg volume, 1 days are for Mimecast Limited – Ordinary Shares (NASDAQ:MIME)’s short sellers to cover MIME’s short positions. The SI to Mimecast Limited – Ordinary Shares’s float is 0.39%. The stock decreased 2.48% or $1.14 during the last trading session, reaching $44.8. About 192,641 shares traded. Mimecast Limited (NASDAQ:MIME) has risen 65.84% since June 22, 2017 and is uptrending. It has outperformed by 53.27% the S&P500. Some Historical MIME News: 17/04/2018 – Mimecast Report: Legacy Email Security Systems Failing to Provide Sufficient Security Protection; 03/04/2018 Mimecast Launches New API Developer Portal Focused on Business and Cyber Resilience; 15/05/2018 – MIMECAST LTD MIME.O : BARCLAYS RAISES TARGET PRICE TO $47 FROM $40; 14/05/2018 – Mimecast Sees 1Q Rev $76.3M-$77.1M; 14/05/2018 – MIMECAST SEES FY ADJ EBITDA $49.0M TO $51.0M, EST. $37.6M; 09/04/2018 – CRN Exclusive: Mimecast Unveils Partner Program With Tiers, Deal Registration, More Discounts; 14/05/2018 – Mimecast 4Q Adj Loss/Shr 5c; 14/05/2018 – MIMECAST 4Q ADJ LOSS/SHR 0.05C, EST. LOSS/SHR 1.58C; 14/05/2018 – MIMECAST 4Q REV. $73.4M, EST. $71.6M; 15/05/2018 – Whale Rock Capital Management Buys 1.4% Position in Mimecast

Edge Wealth Management Llc increased Bb&T Corp (NYSE:BBT) stake by 9,087 shares to 9,930 valued at $517,000 in 2018Q1. It also upped Nuveen Nj Qual Muni Inc Fd (NXJ) stake by 75,155 shares and now owns 141,120 shares. Ishares Mortgage Real Estate was raised too.

Analysts await Shire plc (NASDAQ:SHPG) to report earnings on August, 2. They expect $3.69 earnings per share, down 1.07% or $0.04 from last year’s $3.73 per share. SHPG’s profit will be $1.12 billion for 11.00 P/E if the $3.69 EPS becomes a reality. After $3.86 actual earnings per share reported by Shire plc for the previous quarter, Wall Street now forecasts -4.40% negative EPS growth.

Among 28 analysts covering Shire plc (ADR) (NASDAQ:SHPG), 23 have Buy rating, 0 Sell and 5 Hold. Therefore 82% are positive. Shire plc (ADR) has $325 highest and $150.0 lowest target. $210.94’s average target is 29.89% above currents $162.4 stock price. Shire plc (ADR) had 79 analyst reports since July 22, 2015 according to SRatingsIntel. The company was downgraded on Friday, May 26 by Bernstein. On Thursday, July 6 the stock rating was upgraded by HSBC to “Hold”. The firm has “Buy” rating by Bank of America given on Friday, January 15. Jefferies maintained the shares of SHPG in report on Tuesday, September 5 with “Buy” rating. The rating was maintained by Goldman Sachs on Tuesday, June 28 with “Buy”. The stock of Shire plc (NASDAQ:SHPG) has “Buy” rating given on Thursday, February 22 by Bank of America. The rating was maintained by Jefferies on Friday, June 9 with “Buy”. The rating was maintained by Cowen & Co on Friday, October 27 with “Buy”. On Friday, December 2 the stock rating was initiated by Societe Generale with “Buy”. As per Monday, October 2, the company rating was maintained by RBC Capital Markets.

More notable recent Shire plc (NASDAQ:SHPG) news were published by: Nasdaq.com which released: “Shire plc: Large-Scale European Review Suggests Disparity in Symptom Recognition and Standardized Treatment for …” on June 22, 2018, also Nasdaq.com with their article: “Shire Announces FDA Approval for Label Expansion of CINRYZE┬« for Prevention of Attacks in Pediatric HAE” published on June 21, 2018, Seekingalpha.com published: “Shire down 2% on prucalopride CV safety data” on June 04, 2018. More interesting news about Shire plc (NASDAQ:SHPG) were released by: Seekingalpha.com and their article: “Can The Shire Buyout Be Stopped?” published on June 12, 2018 as well as Seekingalpha.com‘s news article titled: “Shire boosts plasma manufacturing capacity 30%; shares up 1%” with publication date: June 21, 2018.

Among 9 analysts covering Mimecast (NASDAQ:MIME), 9 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Mimecast had 11 analyst reports since December 14, 2015 according to SRatingsIntel. The rating was maintained by Dougherty & Company on Friday, February 10 with “Buy”. The company was initiated on Friday, October 14 by JP Morgan. Dougherty & Company initiated Mimecast Limited (NASDAQ:MIME) on Friday, June 3 with “Buy” rating. As per Monday, December 14, the company rating was initiated by Jefferies. The firm has “Buy” rating by Brean Capital given on Wednesday, January 25. The rating was initiated by Northland Capital with “Outperform” on Tuesday, January 17. As per Monday, December 14, the company rating was initiated by RBC Capital Markets. The stock has “Buy” rating by Goldman Sachs on Monday, December 14. The stock has “Outperform” rating by Oppenheimer on Monday, December 14. The company was maintained on Friday, November 4 by Dougherty & Company.

Shire plc (NASDAQ:SHPG) Institutional Positions Chart