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Geode Capital Management LLC Has $2.16 Million Position in Avid Bioservices Inc (CDMO)
Posted by Wayne Parker on May 2nd, 2019 Share
Avid Bioservices logoGeode Capital Management LLC boosted its holdings in Avid Bioservices Inc (NASDAQ:CDMO) by 5.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 527,772 shares of the biopharmaceutical company’s stock after buying an additional 27,685 shares during the period. Geode Capital Management LLC owned approximately 0.94% of Avid Bioservices worth $2,163,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Bank of New York Mellon Corp lifted its holdings in shares of Avid Bioservices by 19.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 154,883 shares of the biopharmaceutical company’s stock valued at $1,062,000 after purchasing an additional 25,361 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of Avid Bioservices by 9.7% in the 3rd quarter. BlackRock Inc. now owns 3,576,949 shares of the biopharmaceutical company’s stock valued at $24,538,000 after purchasing an additional 315,661 shares during the last quarter. MetLife Investment Advisors LLC purchased a new stake in shares of Avid Bioservices in the 3rd quarter valued at about $278,000. Teachers Advisors LLC lifted its holdings in shares of Avid Bioservices by 50.1% in the 3rd quarter. Teachers Advisors LLC now owns 98,768 shares of the biopharmaceutical company’s stock valued at $678,000 after purchasing an additional 32,970 shares during the last quarter. Finally, TIAA CREF Investment Management LLC lifted its holdings in shares of Avid Bioservices by 50.9% in the 3rd quarter. TIAA CREF Investment Management LLC now owns 181,219 shares of the biopharmaceutical company’s stock valued at $1,243,000 after purchasing an additional 61,164 shares during the last quarter. Institutional investors and hedge funds own 41.08% of the company’s stock. .....
https://www.fidaily.com/2019/05/02/geode-capital-management-llc-has-2-16-million-position-in-avid-bioservices-inc-cdmo.html