Hamilton Wealth LLC boosted its position in shares of Guardant Health, Inc. (NASDAQ:GH – Free Report) by 103.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 76,700 shares of the company’s stock after buying an additional 38,916 shares during the quarter. Guardant Health makes up about 1.4% of Hamilton Wealth LLC’s holdings, making the stock its 20th biggest holding. Hamilton Wealth LLC owned about 0.06% of Guardant Health worth $7,085,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in the company. Alyeska Investment Group L.P. purchased a new position in shares of Guardant Health in the third quarter valued at about $114,421,000. Price T Rowe Associates Inc. MD boosted its holdings in shares of Guardant Health by 33.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,636,078 shares of the company’s stock worth $575,670,000 after purchasing an additional 1,414,441 shares during the period. Norges Bank purchased a new stake in shares of Guardant Health during the fourth quarter worth about $128,499,000. Summit Partners Public Asset Management LLC grew its stake in shares of Guardant Health by 674.5% in the fourth quarter. Summit Partners Public Asset Management LLC now owns 851,958 shares of the company’s stock worth $87,019,000 after purchasing an additional 741,958 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its stake in shares of Guardant Health by 89.6% in the first quarter. The Manufacturers Life Insurance Company now owns 1,205,701 shares of the company’s stock worth $111,371,000 after purchasing an additional 569,766 shares during the last quarter. Hedge funds and other institutional investors own 92.60% of the company’s stock.
Insider Buying and Selling at Guardant Health
In other Guardant Health news, Director Myrtle S. Potter sold 1,556 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $131.16, for a total transaction of $204,084.96. Following the transaction, the director owned 20,971 shares in the company, valued at approximately $2,750,556.36. This represents a 6.91% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Musa Tariq sold 1,951 shares of the firm’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $131.16, for a total value of $255,893.16. Following the completion of the transaction, the director owned 11,048 shares of the company’s stock, valued at approximately $1,449,055.68. The trade was a 15.01% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 708,565 shares of company stock worth $90,556,597. Insiders own 5.60% of the company’s stock.
Analyst Ratings Changes
Check Out Our Latest Research Report on GH
Guardant Health Price Performance
Shares of NASDAQ GH opened at $161.99 on Monday. Guardant Health, Inc. has a 1 year low of $40.35 and a 1 year high of $176.58. The stock has a market capitalization of $21.48 billion, a P/E ratio of -46.42 and a beta of 1.59. The company’s 50-day moving average is $143.44 and its 200 day moving average is $113.42.
Guardant Health News Roundup
Here are the key news stories impacting Guardant Health this week:
- Positive Sentiment: Revenue and testing growth exceeded expectations. Second-quarter revenue rose 44% year over year to $335.0 million, above the $314.2 million analyst estimate. Oncology revenue increased 38% to $219.1 million, while oncology test volume climbed 63% to approximately 104,000. Guardant Health Reports Second Quarter 2026 Financial Results and Increases 2026 Revenue Guidance
- Positive Sentiment: Guardant raised its 2026 revenue guidance to $1.3 billion-$1.4 billion, compared with consensus around $1.3 billion. The outlook increase signals continued demand for the company’s cancer-screening and precision-oncology tests. Guardant Health hits 52-week high after guidance hike
- Positive Sentiment: JPMorgan raised its price target from $185 to $195 and maintained an “overweight” rating, reinforcing bullish analyst sentiment and suggesting additional potential upside. JPMorgan raises Guardant Health price target
- Neutral Sentiment: Guardant reported a second-quarter adjusted loss of $0.42 per share, compared with a $0.44 loss a year earlier. Reports differed on the consensus comparison, with one estimate showing a modest miss and another indicating a substantial beat. Guardant Health Q2 earnings report
- Negative Sentiment: Profitability remains a concern. Guardant continues to generate quarterly losses, and investor commentary is weighing whether rapidly rising revenue can offset ongoing spending and losses. Does Guardant’s Surging Revenue and Deeper Losses Reframe the Growth Thesis for GH?
Guardant Health Profile
Guardant Health, Inc is a precision oncology company specializing in blood-based cancer diagnostics. Founded in 2012 and headquartered in Redwood City, California, the company develops non-invasive tests that use circulating tumor DNA (ctDNA) to profile genomic alterations in patients with solid tumors. Guardant Health’s mission is to advance cancer care by providing actionable data to clinicians, pharmaceutical partners and researchers worldwide.
The company’s flagship product, Guardant360, is a next-generation sequencing (NGS) assay designed to detect mutations, copy number variations and select fusions in more than 70 cancer-related genes.
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