Levin Capital Strategies, L.P. Acquires 53,610 Shares of Fluidigm Co. (FLDM) Stock

Fluidigm Co. (NASDAQ:FLDM) insider Levin Capital Strategies, L.P. purchased 53,610 shares of the stock in a transaction that occurred on Wednesday, February 7th. The shares were acquired at an average cost of $5.73 per share, for a total transaction of $307,185.30. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Levin Capital Strategies, L.P. also recently made the following trade(s):

  • On Monday, February 5th, Levin Capital Strategies, L.P. purchased 50,987 shares of Fluidigm stock. The shares were bought at an average cost of $5.96 per share, for a total transaction of $303,882.52.
  • On Thursday, February 1st, Levin Capital Strategies, L.P. purchased 152,891 shares of Fluidigm stock. The shares were bought at an average cost of $6.18 per share, for a total transaction of $944,866.38.
  • On Tuesday, January 23rd, Levin Capital Strategies, L.P. purchased 6,871 shares of Fluidigm stock. The shares were bought at an average cost of $6.57 per share, for a total transaction of $45,142.47.
  • On Tuesday, January 16th, Levin Capital Strategies, L.P. purchased 887 shares of Fluidigm stock. The shares were bought at an average cost of $6.68 per share, for a total transaction of $5,925.16.
  • On Wednesday, January 10th, Levin Capital Strategies, L.P. bought 100,576 shares of Fluidigm stock. The shares were acquired at an average price of $6.34 per share, for a total transaction of $637,651.84.
  • On Wednesday, January 3rd, Levin Capital Strategies, L.P. bought 29 shares of Fluidigm stock. The shares were acquired at an average price of $6.63 per share, for a total transaction of $192.27.
  • On Thursday, December 28th, Levin Capital Strategies, L.P. bought 30 shares of Fluidigm stock. The shares were acquired at an average price of $5.82 per share, for a total transaction of $174.60.
  • On Friday, December 29th, Levin Capital Strategies, L.P. bought 11,230 shares of Fluidigm stock. The shares were acquired at an average price of $5.94 per share, for a total transaction of $66,706.20.
  • On Wednesday, December 27th, Levin Capital Strategies, L.P. bought 27,100 shares of Fluidigm stock. The shares were acquired at an average price of $5.88 per share, for a total transaction of $159,348.00.
  • On Friday, December 15th, Levin Capital Strategies, L.P. purchased 24,175 shares of Fluidigm stock. The stock was purchased at an average price of $5.84 per share, for a total transaction of $141,182.00.

Shares of Fluidigm Co. (NASDAQ:FLDM) traded up $0.52 during mid-day trading on Friday, reaching $6.30. 233,835 shares of the company’s stock were exchanged, compared to its average volume of 170,570. The company has a debt-to-equity ratio of 5.00, a current ratio of 3.02 and a quick ratio of 2.46. Fluidigm Co. has a fifty-two week low of $2.52 and a fifty-two week high of $7.05.

Fluidigm (NASDAQ:FLDM) last announced its quarterly earnings results on Thursday, February 8th. The medical research company reported ($0.27) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.25) by ($0.02). The business had revenue of $27.75 million for the quarter, compared to the consensus estimate of $27.14 million. Fluidigm had a negative net margin of 68.27% and a negative return on equity of 134.35%. The business’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.32) EPS. analysts forecast that Fluidigm Co. will post -1.4 EPS for the current year.

A number of hedge funds have recently made changes to their positions in FLDM. Virtu KCG Holdings LLC bought a new stake in Fluidigm during the 2nd quarter valued at $105,000. Sei Investments Co. grew its stake in shares of Fluidigm by 221.7% in the 3rd quarter. Sei Investments Co. now owns 21,668 shares of the medical research company’s stock worth $109,000 after acquiring an additional 14,932 shares in the last quarter. Group One Trading L.P. grew its stake in shares of Fluidigm by 336.9% in the 3rd quarter. Group One Trading L.P. now owns 23,155 shares of the medical research company’s stock worth $117,000 after acquiring an additional 17,855 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of Fluidigm in the 3rd quarter worth $123,000. Finally, Alliancebernstein L.P. grew its stake in shares of Fluidigm by 18.4% in the 2nd quarter. Alliancebernstein L.P. now owns 45,700 shares of the medical research company’s stock worth $185,000 after acquiring an additional 7,100 shares in the last quarter. Institutional investors and hedge funds own 93.83% of the company’s stock.

FLDM has been the topic of a number of research reports. ValuEngine upgraded shares of Fluidigm from a “strong sell” rating to a “sell” rating in a research report on Monday, October 23rd. Piper Jaffray Companies reiterated a “hold” rating and set a $6.10 target price on shares of Fluidigm in a research report on Thursday.

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Fluidigm Company Profile

Fluidigm Corporation creates, manufactures and markets technologies and life science tools focused on the exploration and analysis of single cells, as well as the industrial application of genomics, based upon the Company’s core microfluidics and mass cytometry technologies. The Company operates in the development, manufacturing and commercialization of life science tools for the life science and Ag-Bio industries segment.

Insider Buying and Selling by Quarter for Fluidigm (NASDAQ:FLDM)

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