Leerink Swann Reaffirms Outperform Rating for Invitae Corp. (NVTA)
Shares of Invitae Corp. (NYSE:NVTA) opened at 9.00 on Wednesday. Invitae Corp. has a 52 week low of $5.66 and a 52 week high of $11.85. The firm’s market capitalization is $292.00 million. The company has a 50-day moving average of $7.91 and a 200-day moving average of $8.40.
A hedge fund recently raised its stake in Invitae Corp. stock. Wellington Management Group LLP increased its position in Invitae Corp. (NYSE:NVTA) by 18.6% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,232,528 shares of the company’s stock after buying an additional 662,750 shares during the period. Wellington Management Group LLP owned 13.26% of Invitae Corp. worth $43,299,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 66.81% of the company’s stock.
Invitae Corp. Company Profile
Invitae Corporation (Invitae) utilizes an integrated portfolio of laboratory processes, software tools and informatics capabilities to process deoxyribonucleic acid (DNA)-containing samples, analyze information about patient-specific genetic variation and generate test reports for clinicians and their patients.
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