Illumina Inc (NASDAQ: ILMN) is -0.67% lower on its value in year-to-date trading and has touched a low of $97.27 and a high of $156.66 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ILMN stock was last observed hovering at around $133.01 in the last trading session, with the day’s loss setting it -0.27%.
Currently trading at $132.74, the stock is -2.89% and -4.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.25 million and changing -0.20% at the moment leaves the stock 4.41% off its SMA200. ILMN registered -7.21% loss for a year compared to 6-month gain of 8.27%. The firm has a 50-day simple moving average (SMA 50) of $138.5206 and a 200-day simple moving average (SMA200) of $127.1622.
The stock witnessed a -0.62% loss in the last 1 month and extending the period to 3 months gives it a -9.08%, and is -2.55% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.34% over the week and 4.09% over the month.
Illumina Inc (ILMN) has around 12010 employees, a market worth around $21.05B and $4.39B in sales. Fwd P/E is 29.86. Profit margin for the company is -36.10%. Distance from 52-week low is 36.47% and -15.27% from its 52-week high. The company has generated returns on investments over the last 12 months (-33.54%).
with sales reaching $1.1B over the same period.The EPS is expected to grow by 394.19% this year, but quarterly earnings will post -3.61% year-over-year. Quarterly sales are estimated to shrink -1.59% in year-over-year returns.
Illumina Inc (ILMN) Top Institutional Holders
1188.0 institutions hold shares in Illumina Inc (ILMN), with institutional investors hold 107.99% of the company’s shares. The shares outstanding are 158.00M, and float is at 157.38M with Short Float at 3.79%. Institutions hold 107.70% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 18.07 million shares valued at $1.89 billion. The investor’s holdings represent 11.3671% of the ILMN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 15.88 million shares valued at $1.66 billion to account for 9.9894 of the shares outstanding. The other top investors are BAILLIE GIFFORD & CO which holds 5.61 million shares representing 3.5253% and valued at over $585.07 million, while STATE STREET CORP holds 3.5202 of the shares totaling 5.6 million with a market value of $584.23 million.
Illumina Inc (ILMN) Insider Activity
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Still, SEC filings show that on Feb 22 ’24, Thaysen Jacob (Chief Executive Officer) acquired 7,330 shares at an average price of $135.29 for $0.99 million. The insider now directly holds 14,861 shares of Illumina Inc (ILMN).
