Joseph Steinberg Insider Trade for 800 Shares of Crimson Wine Group Ltd; Cerner (CERN) Shorts Raised By 11.91%

Crimson Wine Group, Ltd. (OTCMKTS:CWGL) Logo

Cerner Corporation (NASDAQ:CERN) had an increase of 11.91% in short interest. CERN’s SI was 10.41 million shares in April as released by FINRA. Its up 11.91% from 9.30M shares previously. With 2.64M avg volume, 4 days are for Cerner Corporation (NASDAQ:CERN)’s short sellers to cover CERN’s short positions. The SI to Cerner Corporation’s float is 3.28%. The stock decreased 0.45% or $0.26 during the last trading session, reaching $56.91. About 1.46M shares traded. Cerner Corporation (NASDAQ:CERN) has declined 2.77% since April 14, 2017 and is downtrending. It has underperformed by 14.32% the S&P500.

Investors sentiment increased to 1.05 in 2017 Q4. Its up 0.07, from 0.98 in 2017Q3. It is positive, as 42 investors sold Cerner Corporation shares while 217 reduced holdings. 78 funds opened positions while 194 raised stakes. 251.96 million shares or 4.52% less from 263.89 million shares in 2017Q3 were reported. Washington Trust Savings Bank, Washington-based fund reported 800 shares. 28,210 are held by World Asset Mgmt Inc. Amica Retiree Med Trust, a Rhode Island-based fund reported 1,992 shares. Cim Limited Liability Corporation holds 3.74% or 141,477 shares in its portfolio. Great Lakes Ltd has invested 0.01% of its portfolio in Cerner Corporation (NASDAQ:CERN). Mastrapasqua Asset Mngmt Inc holds 0.35% in Cerner Corporation (NASDAQ:CERN) or 25,486 shares. Eqis owns 6,813 shares. Glob X Management owns 8,697 shares. 1St Source Savings Bank accumulated 17,376 shares. Moreover, Rfg Advisory Group Lc has 0.15% invested in Cerner Corporation (NASDAQ:CERN). Bluestein R H And owns 3,000 shares or 0.01% of their US portfolio. Mckinley Carter Wealth Serv Inc accumulated 0.8% or 34,459 shares. Skylands Cap invested 0.04% of its portfolio in Cerner Corporation (NASDAQ:CERN). Waddell Reed Financial Incorporated owns 0.65% invested in Cerner Corporation (NASDAQ:CERN) for 4.36 million shares. Amica Pension Fund Board Of Trustees stated it has 13,096 shares.

Among 29 analysts covering Cerner Corporation (NASDAQ:CERN), 14 have Buy rating, 0 Sell and 15 Hold. Therefore 48% are positive. Cerner Corporation had 108 analyst reports since August 5, 2015 according to SRatingsIntel. Piper Jaffray maintained the stock with “Buy” rating in Thursday, November 30 report. The stock has “Hold” rating by J.P. Morgan on Friday, October 27. The stock of Cerner Corporation (NASDAQ:CERN) has “Hold” rating given on Wednesday, February 7 by SunTrust. Robert W. Baird maintained it with “Hold” rating and $67.0 target in Thursday, August 31 report. The rating was maintained by Deutsche Bank on Wednesday, November 2 with “Buy”. The firm has “Neutral” rating given on Tuesday, May 2 by Hilliard Lyons. The firm has “Buy” rating given on Thursday, March 29 by Cantor Fitzgerald. The stock of Cerner Corporation (NASDAQ:CERN) has “Buy” rating given on Monday, September 4 by Canaccord Genuity. The stock of Cerner Corporation (NASDAQ:CERN) has “Overweight” rating given on Monday, August 24 by Piper Jaffray. The rating was downgraded by Barclays Capital on Thursday, January 19 to “Equal Weight”.

Cerner Corporation designs, develops, markets, installs, hosts, and supports health care information technology, health care devices, hardware, and content solutions for health care organizations and clients in the United States and internationally. The company has market cap of $18.93 billion. The firm offers Cerner Millennium architecture, which includes clinical, financial, and management information systems that allow providers to access an individualÂ’s electronic health record at the point of care, and organizes and delivers information for physicians, nurses, laboratory technicians, pharmacists, front- and back-office professionals, and consumers. It has a 22.14 P/E ratio. It also provides HealtheIntent platform, a cloud platform that enables organizations to aggregate, transform, and reconcile data across the continuum of care, as well as assists to enhance outcomes and lower costs.

Since December 13, 2017, it had 0 insider buys, and 4 sales for $37.88 million activity. On Wednesday, December 13 the insider BURKE ZANE M sold $3.50 million. Shares for $19.85M were sold by ILLIG CLIFFORD W on Wednesday, March 7. Battaglioli Michael R. sold $279,560 worth of stock or 4,000 shares. On Tuesday, February 13 TOWNSEND JEFFREY A sold $14.25 million worth of Cerner Corporation (NASDAQ:CERN) or 230,000 shares.

At an average price-per-share of $9.5, Joseph Steinberg, the Crimson Wine Group Ltd’s director bought 800 shares of Crimson Wine Group Ltd worth close to $7,600 US Dollars. He also bought 1,000 shares valued at $9,500 USD in the last month. At the moment, Joseph Steinberg owns 2.49 million shares which make up around 10.37% of the Company’s total market cap. This purchase was made on April 13, 2018. A report that was filed with the Security Exchange Commission and is available for public review here, shows extra details of the purchase.

The stock decreased 1.05% or $0.1 during the last trading session, reaching $9.45. About 17,373 shares traded. Crimson Wine Group, Ltd. (OTCMKTS:CWGL) has 0.00% since April 14, 2017 and is . It has underperformed by 11.55% the S&P500.

Crimson Wine Group, Ltd., through its subsidiaries, engages in the production and sale of ultra-premium and wines. The company has market cap of $226.78 million. The firm operates through two divisions, Wholesale and Direct to Consumer. It has a 36.63 P/E ratio. The firm sells wines through independent wine and spirit distributors in the United States; and independent importers and brokers internationally.

Cerner Corporation (NASDAQ:CERN) Institutional Positions Chart