Baker Bros. Advisors’ Latest Moves Involve Genomic Health, Inc. (GHDX), & Celsus Therapeutics PLC (ADR) (CLSXD)

Julian Baker and Felix Baker’s Baker Bros. Advisors have disclosed in a new filing with the SEC adding approximately 4,100 shares to their stake in Genomic Health, Inc. (NASDAQ:GHDX). Julian and Felix Bakers received the securities instead of director retainer fees of $10,000. Baker Bros. currently holds a total of over 13.84 million shares of the company.

Genomic Health, Inc. (NASDAQ:GHDX)

Molecular diagnostics company, Genomic Health, Inc. (NASDAQ:GHDX) is engaged in the development of genomic-based laboratory services that analyze the biology of cancer for providing individualized treatment decisions. Earlier, the company entered into an agreement with Almac Group, under the terms of which, Genomic will license Almac’s technology to develop and commercialize a multi-gene test to predict benefit from chemotherapy drugs.

For the third quarter of 2013, Genomic Health, Inc. (NASDAQ:GHDX) reported revenue of $66 million, up from $58.6 million in the same period of 2012. The company also posted a net income of $0.5 million, down from $3.7 million, a year ago.

Baker Bros. are some of the largest shareholders of Genomic Health, Inc. (NASDAQ:GHDX). Millennium Management, led by Israel Englander, in its latest 13F, disclosed ownership of some 195,300 shares, worth $5.97 million. Another shareholder is Ken Griffin’s Citadel Investment Group, which held 108,700 shares, with a reported value of $3.32 million.

Aside from Genomic Health, Inc. (NASDAQ:GHDX), Baker Bros. also recently disclosed holding approximately 5.26 million shares of Celsus Therapeutics PLC (ADR) (OTCMKTS:CLSXD). The stake amasses 13.1% of the company’s common stock. Celsus Therapeutics is a development company that specializes on novel anti-inflammatory drugs.

Earlier, Baker Bros. reported about trimming their stake in MEI Pharma Inc (NASDAQ:MEIP) to some 746,500 shares, from 1.13 million held previously.

Disclosure: none

Recommended Reading:

Eric Bannasch’s Cadian Capital Increases Stake in COMSCORE, Inc. (SCOR) to 10%

Bandera Partners Reveals Moves into Tandy Leather Factory, Inc. (TLF), Ambassadors Group Inc (EPAX), & Morgan’s Foods, Inc. (MRFD)

Ardsley Partners Further Trims Stake in Saba Software, Inc. (SABA)

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!