Wasatch Advisors Inc. raised its holdings in shares of Omnicell, Inc. (NASDAQ:OMCL) by 21.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 133,317 shares of the company’s stock after acquiring an additional 23,816 shares during the quarter. Wasatch Advisors Inc.’s holdings in Omnicell were worth $9,585,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in OMCL. SG Americas Securities LLC raised its stake in Omnicell by 1,281.5% during the 3rd quarter. SG Americas Securities LLC now owns 26,636 shares of the company’s stock valued at $1,915,000 after acquiring an additional 24,708 shares during the last quarter. Stone Ridge Asset Management LLC purchased a new stake in Omnicell during the 3rd quarter valued at approximately $202,000. First National Bank of Omaha raised its stake in Omnicell by 2.9% during the 3rd quarter. First National Bank of Omaha now owns 33,102 shares of the company’s stock valued at $2,380,000 after acquiring an additional 925 shares during the last quarter. WINTON GROUP Ltd purchased a new stake in Omnicell during the 3rd quarter valued at approximately $15,107,000. Finally, Wells Fargo & Company MN raised its stake in Omnicell by 1.7% during the 3rd quarter. Wells Fargo & Company MN now owns 197,630 shares of the company’s stock valued at $14,210,000 after acquiring an additional 3,353 shares during the last quarter. 98.80% of the stock is owned by institutional investors and hedge funds.

Several analysts have commented on the company. Wells Fargo & Co upped their price objective on Omnicell from $59.00 to $61.00 and gave the company a “market perform” rating in a research note on Monday, October 29th. Craig Hallum upped their price objective on Omnicell from $65.00 to $80.00 and gave the company a “buy” rating in a research note on Monday, September 17th. Piper Jaffray Companies upped their price objective on Omnicell from $44.00 to $55.00 and gave the company a “neutral” rating in a research note on Friday, July 27th. Cantor Fitzgerald reaffirmed a “buy” rating and set a $63.00 price objective on shares of Omnicell in a research note on Thursday, July 26th. Finally, BidaskClub downgraded Omnicell from a “strong-buy” rating to a “buy” rating in a research note on Thursday, October 4th. Three investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $70.88.

In other news, EVP Dan S. Johnston sold 6,250 shares of the stock in a transaction that occurred on Monday, October 15th. The stock was sold at an average price of $63.47, for a total transaction of $396,687.50. Following the completion of the transaction, the executive vice president now directly owns 35,996 shares of the company’s stock, valued at approximately $2,284,666.12. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Peter J. Kuipers sold 5,574 shares of the stock in a transaction that occurred on Monday, September 10th. The stock was sold at an average price of $68.87, for a total value of $383,881.38. Following the transaction, the chief financial officer now directly owns 51,542 shares of the company’s stock, valued at $3,549,697.54. The disclosure for this sale can be found here. Over the last three months, insiders have sold 24,267 shares of company stock valued at $1,653,616. Company insiders own 3.71% of the company’s stock.

Shares of OMCL stock opened at $69.19 on Thursday. The company has a market cap of $2.79 billion, a PE ratio of 384.39, a price-to-earnings-growth ratio of 4.21 and a beta of 0.98. Omnicell, Inc. has a 12-month low of $39.75 and a 12-month high of $74.16. The company has a quick ratio of 1.32, a current ratio of 1.78 and a debt-to-equity ratio of 0.27.

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Omnicell Company Profile

Omnicell, Inc provides automation and business analytics software solutions for medication and supply management in healthcare worldwide. The company operates through two segments, Automation and Analytics, and Medication Adherence. It offers Omnicell Automated Dispensing Cabinets, a dispensing system, which automates the management and dispensing of medications; SinglePointe, a software product that controls medications; AnywhereRN, a software which remotely queue medications from automated dispensing cabinets; Omnicell Analytics and Pandora Analytics reporting and data analytics tools; and Anesthesia Workstation that manages anesthesia supplies and medications.

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Institutional Ownership by Quarter for Omnicell (NASDAQ:OMCL)

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