Invitae Corporation (NASDAQ:NVTA) To Release Earnings
Analysts await Invitae Corporation (NASDAQ:NVTA) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.
They expect $-0.75 EPS, up 45.33% or $0.34 from last year’s $-1.09 per share.
At the moment 4 analysts are watching Invitae Corporation (NASDAQ:NVTA), 0 rate it “Buy”, 2 “Outperform”, 2 “Underperform”, 0 “Sell”, while 0 “Hold”.
Looking forward, for the quarter ending Jun-16, 4 analysts have a mean sales target of 6.46 million. For the quarter ending Sep-16, 4 analysts have a mean sales target of 9.88 million whilst for the year ending Dec-16, 4 analysts have a mean target of 34.93 million.
In terms of earnings per share, 4 analysts have a -0.75 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 4 analysts have a -0.69 EPS mean target and for the quarter ending Sep-16 there are 4 estimates of -2.78 EPS.
The biggest institutional shareholders in Invitae Corporation include Baker Bros Advisors LP which owns 7 million shares in the company valued at $53.82 million. TMP Associates II LP is the second biggest holder with 4 million shares currently valued at 30.64 million whilst Wellington Management Company LLP has 4 million shares valued at 29.31 million.
Total shares held by institutions as of the most recent company filings are 25,555,524 with a reported 2,134,955 bought and 1,107,638 sold. These holdings make up 79.93% of the company’s outstanding shares.
Currently insiders hold 3,727,357 shares in the business which makes up 11.66% of shares. The biggest holder currently is Dr. Randal W. Scott,PhD who owns 3,439,559 shares (10.76% of those outstanding), whilst Dr. Sean E. George, PhD holds 235,408 (0.74% of shares outstanding) and Ms. Lisa Alderson holds 24,319 (0.08% of shares outstanding).
The stock decreased 0.87% or $0.08 during the last trading session, hitting $9.09. Invitae Corporation (NASDAQ:NVTA) has risen 14.08% over the past 6 months and is uptrending.

