Sector Overview #2 2018: Bio-Tech,Health-Care & Pharmaceuticals 📈🦈.

Newsletter Archive

Sharks Overview Watch list:

Overview watch list: is a watch list of stocks that we are watching in each sector none the stocks are buys or sells at the time written.


Company: Puma biotechnology Inc

Quote: $PBYI

Description: Puma Biotechnology, Inc., a biopharmaceutical company, focuses on the development and commercialization of products to enhance cancer care in the United States. Its drug candidates include PB272 neratinib (oral) for the treatment of early stage breast cancer, metastatic breast cancer, non-small cell lung cancer, HER2 mutation-positive solid tumors, and HER2-mutated non-amplified breast cancer; and PB272 neratinib (intravenous)). The company also develops PB357, an orally administered agent that is an irreversible tyrosine kinase inhibitor that blocks signal transduction through the epidermal growth factor receptors, HER1, HER2, and HER4. It has a license agreement with Pfizer, Inc. for the development, manufacture, and commercialization of PB272 neratinib (oral), PB272 neratinib (intravenous), PB357, and certain related compounds. Puma Biotechnology, Inc. was founded in 2010 and is headquartered in Los Angeles, California.

Strategy: Timing the approval of the HER2- Mutant Breast cancer phase III and market approval is very tough however once we see the buying increase again similar to last approval we will re enter the name.

Catalyst to go higher: Phase III trails and market approvals.

Insider buying and selling (13fs/tape readings: very weak and has slowed down since may.

Valuation: 1.7 B

BT: $35-$38

ST: $88-$110-$135

Analyst ratings: Stock Price Target PBYI

High

$151.00

Median

$80.00

Low

$42.00

Average

$83.22

Current Price

$45.29

Oct-01-18

Initiated

Cantor Fitzgerald

Overweight

$75

Sep-17-18

Initiated

Goldman

Sell

$42

May-11-18

Reiterated

Stifel

Buy

$95 → $87

Nov-10-17

Reiterated

RBC Capital Mkts

Sector Perform

$92 → $108

Nov-10-17

Reiterated

Citigroup

Buy

$156 → $164

Oct-02-17

Reiterated

Stifel

Buy

$110 → $130

Sep-11-17

Reiterated

Credit Suisse

Outperform

$118 → $136

Jul-10-17

Resumed

Leerink Partners

Outperform

$115

Jun-06-17

Reiterated

RBC Capital Mkts

Sector Perform

$60 → $88

May-25-17

Reiterated

RBC Capital Mkts

Sector Perform

$40 → $60

Mar-02-17

Reiterated

RBC Capital Mkts

Sector Perform

$48 → $17

Sep-22-16

Reiterated

Credit Suisse

Outperform

$54 → $111

Sep-21-16

Upgrade

Stifel

Hold → Buy

$61 → $88

Mar-29-16

Downgrade

RBC Capital Mkts

Outperform → Sector Perform

$103 → $36

Jan-21-16

Initiated

Credit Suisse

Outperform

 

Dec-14-15

Upgrade

Citigroup

Neutral → Buy

 

Sep-03-15

Initiated

Citigroup

Neutral

 

Aug-27-15

Initiated

JP Morgan

Overweight

$122

Jan-23-15

Initiated

RBC Capital Mkts

Outperform

$282

Aug-19-14

Resumed

Stifel

Hold

 

Time Frame: 5-10 years

Important news:

Puma Biotechnology’s Licensing Partner CANbridge Pharmaceutical Submits New Drug Application for NERLYNX®

 

 

https://www.businesswire.com/news/home/20181002005244/en/

 

Puma Biotechnology Files New Drug Submission for NERLYNX® in Canada

 

https://www.businesswire.com/news/home/20180731005369/en/

Company: Bluebird Bio Inc

Quote: $BLUE

Description: bluebird bio, Inc., a clinical-stage biotechnology company, focuses on developing transformative gene therapies for severe genetic diseases and cancer. Its product candidates include Lenti-D that is in Phase II/III clinical trials for the treatment of cerebral adrenoleukodystrophy, a rare hereditary neurological disorder; and LentiGlobin, which is in various clinical studies for the treatment of transfusion- transfusion-dependent ß-thalassemia and severe sickle cell disease. The company's lead product candidates in oncology include bb2121 and bb21217, which are anti- B-cell maturation antigens in Phase I clinical trials for the treatment of relapsed/refractory multiple myeloma. bluebird bio, Inc. has a strategic collaboration with Celgene Corporation to discover, develop, and commercialize disease-altering gene therapies in oncology; and Regeneron Pharmaceuticals, Inc. to discover, develop, and commercialize various immune cell therapies for cancer. It also has collaborations with Medigene AG for the research and development of T cell receptor product candidates directed against antigens for the treatment of cancer indications; TC BioPharm Limited to research and develop gamma delta chimeric antigen receptor modified T cell product candidates for cancer immunotherapy; and Gritstone Oncology, Inc. to research, develop, and commercialize products for the treatment of cancer using cell therapy, as well as a partnership agreement with Celgene European Investment Company LLC. The company was formerly known as Genetix Pharmaceuticals, Inc., and changed its name to bluebird bio, Inc. in September 2010. bluebird bio, Inc. was founded in 1992 and is headquartered in Cambridge, Massachusetts.

Strategy: Buy and hold and wait for a buyout

Catalyst to go higher: A buyout out and we believe that JNJ will be the buyer

Insider buying and selling (13fs/tape readings:

Valuation: 7 B

BT: $140-$180

ST: $225

Analyst ratings: Stock Price Target BLUE

High

$288.00

Median

$208.00

Low

$122.00

Average

$208.71

Current Price

$133.36

Jul-12-18

Initiated

Gabelli & Co

Buy

$239

Jun-19-18

Upgrade

Evercore ISI

In-line → Outperform

 

Mar-21-18

Reiterated

Morgan Stanley

Equal-Weight

$152 → $209

Mar-14-18

Initiated

Janney

Neutral

 

Mar-05-18

Initiated

William Blair

Outperform

 

Feb-22-18

Reiterated

Cantor Fitzgerald

Underweight

$122 → $113

Jan-25-18

Downgrade

Leerink Partners

Outperform → Mkt Perform

 

Dec-21-17

Initiated

Oppenheimer

Perform

 

Dec-13-17

Reiterated

Barclays

Overweight

$162 → $209

Dec-13-17

Downgrade

Maxim Group

Buy → Hold

$200

Dec-11-17

Upgrade

Jefferies

Hold → Buy

$130 → $211

Dec-11-17

Reiterated

Goldman

Buy

$186 → $309

Dec-11-17

Reiterated

Cantor Fitzgerald

Underweight

$58 → $113

Dec-05-17

Initiated

Canaccord Genuity

Buy

$202

Nov-30-17

Reiterated

Maxim Group

Buy

$170 → $200

Nov-06-17

Downgrade

Evercore ISI

Outperform → In-line

 

Nov-03-17

Upgrade

Morgan Stanley

Underweight → Equal-Weight

 

Nov-02-17

Upgrade

BTIG Research

Neutral → Buy

$177

Oct-16-17

Upgrade

Evercore ISI

In-line → Outperform

 

Oct-11-17

Resumed

Jefferies

Hold

$126

 

Time Frame: 1-3 Years

 

Company: Corindus Vascular Robotics

Quote: $CVRS

Description: Corindus Vascular Robotics, Inc. designs, manufactures, and sells robotic-assisted precision vascular systems for use in interventional vascular procedures in the United States and internationally. The company offers CorPath system, a medical device with robotic-assisted precision for radial, coronary, and peripheral procedures. Its CorPath system facilitates stent positioning for PCI procedures by allowing a physician to measure, manipulate, and advance devices with robotic precision; and CorPath GRX system enables the precise robotic-assisted control of coronary guide catheters, guidewires, and balloon/stent devices from the safety of a radiation-shielded interventional cockpit. The company sells its products through direct sales force, as well as through distributor and partnership relationships. It serves vascular, coronary, peripheral vascular, neurointerventional, and structural heart markets. Corindus Vascular Robotics, Inc. is headquartered in Waltham, Massachusetts.

Strategy: Hold for the long term buy on weakness

Catalyst to go higher: Partnerships after positive trial approvals

Insider buying and selling (13fs/tape readings: Up and down each Q one of the most shortest stocks on wall streets

Valuation: 225 M

BT: $.80

ST: $3.00

Analyst ratings: Stock Price Target CVRS

High

$2.25

Median

$1.70

Low

$1.00

Average

$1.65

Current Price

$1.23

Aug-08-18

Downgrade

Stifel

Buy → Hold

$3 → $1

Apr-20-16

Initiated

Sterne Agee CRT

Buy

 

Jan-19-16

Reiterated

Stifel

Buy

$6 → $4

Jun-23-15

Initiated

Stifel

Buy

$6

 

Time Frame:1-3 years

 

Important news:

 

https://www.businesswire.com/news/home/20181001005186/en/

 

https://www.businesswire.com/news/home/20180924005225/en/

 

https://www.businesswire.com/news/home/20180608005167/en/

 

http://www.businesswire.com/news/home/20180305005378/en/

 

https://www.businesswire.com/news/home/20180608005167/en/

 

http://www.corindus.com/pdf/Corindus-Summary-Clinical-Research-web.pdf

Company: Cutera Inc

Quote: $CUTR

Description: Cutera, Inc., a medical device company, designs, develops, manufactures, markets, and services laser and other energy based aesthetics systems worldwide. The company offers enlighten platform, a laser system that is used for tattoo removal, as well as for the treatment of benign pigmented lesions; excel HR platform, a hair removal solution for various skin types; and truSculpt, a high-powered radio frequency platform designed for deep tissue heating. It also provides excel V, a vascular and benign pigmented lesion treatment platform; xeo platform, a multi-application platform on which a customer purchases hand piece applications for the removal of unwanted hair, treatment of vascular lesions, and skin rejuvenation by treating discoloration, fine lines, and laxity; Juliet, a laser system for vaginal health; and Secret RF, a fractional radio frequency microneedling device for skin rejuvenation. In addition, the company offers GenesisPlus system, a laser product for use in the temporary increase of clear nails in patients with onychomycosis, as well as for the treatment of fine wrinkles, diffuse redness, and rosacea; and CoolGlide, as well as myQ, a third-party sourced system for the Japanese market. Further, it provides pulsed light hand pieces for the treatment of discoloration, hair removal, and vascular treatments; Pearl and Pearl Fractional hand pieces; and post-warranty services through extended service contracts or direct billing, as well as offers Titan hand piece refills and marketing brochures through the Internet.

Strategy: Buy on weakness

Catalyst to go higher: Buyout play

Insider buying and selling (13fs/tape readings: Very weak after the company lowered guidance.

Valuation: 300 M

BT: $18

ST: $34

Analyst ratings: Stock Price Target CUTR

High

$50.00

Median

$40.00

Low

$29.00

Average

$39.67

Current Price

$21.44

 

Aug-08-18

Reiterated

Stifel

Hold

$55 → $45

Apr-17-18

Initiated

Stifel

Hold

$55

Mar-13-18

Initiated

Stephens

Overweight

 

Sep-14-17

Downgrade

Maxim Group

Buy → Hold

 

Jul-13-17

Reiterated

Maxim Group

Buy

$27 → $33

Jun-26-17

Initiated

ROTH Capital

Buy

$32

Apr-11-17

Initiated

Sidoti

Buy

$27

Jan-04-17

Reiterated

Maxim Group

Buy

$18 → $22

May-08-15

Upgrade

Piper Jaffray

Neutral → Overweight

 

Feb-06-15

Reiterated

Maxim Group

Buy

$15 → $18

Aug-06-13

Reiterated

Griffin Securities

Buy

$15 → $13

Feb-12-13

Reiterated

Maxim Group

Buy

$12 → $16

Feb-14-12

Reiterated

Maxim Group

Buy

$9 → $10

Nov-08-11

Upgrade

Maxim Group

Hold → Buy

$9

Nov-02-10

Reiterated

Wedbush

Outperform

$12 → $10

Mar-04-10

Initiated

Wedbush Morgan

Outperform

$12

Sep-30-09

Initiated

Canaccord Adams

Hold

 

May-15-08

Initiated

Ladenburg Thalmann

Neutral

$15

May-07-08

Reiterated

RBC Capital Mkts

Sector Perform

$16 → $14

May-06-08

Downgrade

Maxim Group

Buy → Hold

 

Time Frame: 2-8 months

Company: Kura oncology

Quote: $KURA

Description: Kura Oncology, Inc., a clinical-stage biopharmaceutical company, develops medicines for the treatment of cancers. Its pipeline consists of small molecule product candidates that target cancer. The company's lead product candidate is Tipifarnib, an oral farnesyl transferase inhibitor that is in Phase II clinical trials for the treatment of solid tumors, peripheral T-cell lymphomas, myelodysplastic syndromes, acute myeloid leukemia, and chronic myelomonocytic leukemia. It is also developing KO-947, a small molecule inhibitor of extracellular signal related kinase used for the treatment of patients with tumors that have mutations in, or other dysregulation of, the mitogen-activated protein kinase; and KO-539, a small molecule inhibitor of the menin-mixed lineage leukemia. The company was founded in 2014 and is headquartered in San Diego, California.

Strategy: Buy on weakness and hold for approvals/positive trials.

Catalyst to go higher: Positive trial results

Insider buying and selling (13fs/tape readings:

Valuation: 605m

BT: $12-$16

ST: $25-$33

Analyst ratings: Stock Price Target KURA

High

$38.00

Median

$29.50

Low

$25.00

Average

$30.33

Current Price

$15.75

Aug-01-18

Initiated

H.C. Wainwright

Buy

$31

Oct-13-16

Resumed

Leerink Partners

Outperform

$15

Jan-22-16

Initiated

JMP Securities

Mkt Outperform

 

Dec-30-15

Initiated

Oppenheimer

Outperform

$16

Dec-16-15

Initiated

Citigroup

Buy

 

Time Frame: 1-3 yearss

 

 

Company: Acadia Pharma

Quote: $ACAD

Strategy: To late to get back in at this price however if it pulls back to our original entry of 11-14 then it becomes attractive again just to much volatility to enter and go long here, recent nuplizad approval is very promising and attractive.

Catalyst to go Higher: More Fda approvals, Increased nuplizad sales and analyst upgrades

Insider buying and selling (13fs/tape readings: Very slow even after the most recent fda approval, Point 72 trimmed when we did as well last Q so tough to read and clone this way.

Valuation: 2B

BT: $11-$14

ST: $37

Analyst Ratings: Stock Price Target ACAD

High

$60.00

Median

$25.50

Low

$14.00

Average

$31.00

Current Price

$21.16

Sep-21-18

Upgrade

Piper Jaffray

Neutral → Overweight

 

Aug-09-18

Reiterated

Stifel

Hold

$17 → $14

Aug-07-18

Initiated

Stifel

Hold

$17

Aug-06-18

Downgrade

Piper Jaffray

Overweight → Neutral

 

Oct-06-17

Resumed

Goldman

Neutral

 

Nov-11-16

Initiated

Goldman

Neutral

 

Nov-08-16

Upgrade

BofA/Merrill

Neutral → Buy

 

Oct-19-16

Resumed

ROTH Capital

Neutral

 

Oct-04-16

Initiated

Leerink Partners

Mkt Perform

$34

Jun-22-16

Downgrade

BofA/Merrill

Buy → Neutral

 

May-03-16

Downgrade

Leerink Partners

Outperform → Mkt Perform

 

Mar-30-16

Reiterated

Piper Jaffray

Overweight

$39 → $44

Feb-08-16

Initiated

BofA/Merrill

Buy

$40

Jan-22-16

Upgrade

Piper Jaffray

Neutral → Overweight

 

Aug-27-15

Upgrade

Piper Jaffray

Neutral → Overweight

$48

Aug-07-15

Reiterated

Needham

Buy

$38 → $49

Aug-07-15

Downgrade

Piper Jaffray

Overweight → Neutral

 

Apr-16-15

Initiated

Leerink Partners

Outperform

$48

Mar-12-15

Reiterated

Needham

Buy

$40 → $38

Feb-24-15

Initiated

H.C. Wainwright

Buy

$50

 

 

Time Frame: 2-4 years

 

 

Important news:

https://www.businesswire.com/news/home/20180920005948/en/

https://www.businesswire.com/news/home/20180910005166/en/

https://www.businesswire.com/news/home/20180913005809/en/

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