J. Goldman & Co LP Invests $2,139,000 in Stemline Therapeutics, Inc. (STML)

J. Goldman & Co LP bought a new position in Stemline Therapeutics, Inc. (NASDAQ:STML) during the fourth quarter, Holdings Channel reports. The institutional investor bought 199,886 shares of the biopharmaceutical company’s stock, valued at approximately $2,139,000. J. Goldman & Co LP owned about 1.12% of Stemline Therapeutics as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Oxford Asset Management acquired a new position in shares of Stemline Therapeutics during the fourth quarter worth $431,000. State Street Corp increased its position in Stemline Therapeutics by 9.2% in the fourth quarter. State Street Corp now owns 251,804 shares of the biopharmaceutical company’s stock valued at $2,694,000 after buying an additional 21,296 shares during the last quarter. Candriam Luxembourg S.C.A. purchased a new position in Stemline Therapeutics during the third quarter valued at approximately $2,783,000. Baker BROS. Advisors LP purchased a new position in Stemline Therapeutics during the third quarter valued at approximately $3,612,000. Finally, Columbus Circle Investors purchased a new position in Stemline Therapeutics during the third quarter valued at approximately $1,577,000. Hedge funds and other institutional investors own 37.76% of the company’s stock.

Institutional Ownership by Quarter for Stemline Therapeutics (NASDAQ:STML)

Shares of Stemline Therapeutics, Inc. (NASDAQ:STML) remained flat at $6.95 during midday trading on Tuesday. 151,910 shares of the company traded hands. Stemline Therapeutics, Inc. has a 12 month low of $3.88 and a 12 month high of $14.60. The firm’s market capitalization is $124.03 million. The company has a 50 day moving average of $10.25 and a 200-day moving average of $10.52.

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A number of equities research analysts have issued reports on STML shares. Roth Capital reissued a “buy” rating and set a $32.00 target price on shares of Stemline Therapeutics in a report on Wednesday, December 7th. HC Wainwright reaffirmed a “buy” rating and issued a $34.00 price target on shares of Stemline Therapeutics in a report on Monday, December 12th. Wedbush reiterated an “outperform” rating and issued a $15.00 target price on shares of Stemline Therapeutics in a research report on Tuesday, December 6th. Jefferies Group LLC set a $23.00 target price on shares of Stemline Therapeutics and gave the stock a “buy” rating in a research report on Sunday, December 4th. Finally, Zacks Investment Research lowered shares of Stemline Therapeutics from a “hold” rating to a “sell” rating in a research report on Wednesday, January 18th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $21.00.

In other Stemline Therapeutics news, insider David Gionco sold 3,593 shares of the stock in a transaction on Thursday, January 19th. The shares were sold at an average price of $11.46, for a total transaction of $41,175.78. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, COO Kenneth Hoberman sold 9,110 shares of the stock in a transaction on Tuesday, January 10th. The shares were sold at an average price of $13.82, for a total transaction of $125,900.20. The disclosure for this sale can be found here. Corporate insiders own 16.70% of the company’s stock.

About Stemline Therapeutics

Stemline Therapeutics, Inc is a clinical-stage biopharmaceutical company focused on discovering, acquiring, developing and commercializing oncology therapeutics. The Company is developing approximately three clinical stage product candidates, including SL-401, SL-701 and SL-801. SL-401 is a targeted therapy directed to the interleukin-3 receptor (IL-3R) (CD123), present on a range of hematologic cancers.

5 Day Chart for NASDAQ:STML

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