Intrexon Corporation (XON) Position Reduced by California State Teachers Retirement System

California State Teachers Retirement System lowered its holdings in shares of Intrexon Corporation (NYSE:XON) by 12.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 96,354 shares of the biotechnology company’s stock after selling 13,415 shares during the period. California State Teachers Retirement System owned approximately 0.08% of Intrexon Corporation worth $2,321,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Synovus Financial Corp grew its stake in Intrexon Corporation by 0.6% during the second quarter. Synovus Financial Corp now owns 33,613 shares of the biotechnology company’s stock worth $810,000 after purchasing an additional 200 shares during the period. Alliancebernstein L.P. grew its stake in Intrexon Corporation by 0.6% during the second quarter. Alliancebernstein L.P. now owns 32,610 shares of the biotechnology company’s stock worth $786,000 after purchasing an additional 200 shares during the period. Legal & General Group Plc grew its stake in Intrexon Corporation by 2.1% during the second quarter. Legal & General Group Plc now owns 18,843 shares of the biotechnology company’s stock worth $454,000 after purchasing an additional 393 shares during the period. CWM LLC grew its stake in Intrexon Corporation by 1.7% during the second quarter. CWM LLC now owns 36,143 shares of the biotechnology company’s stock worth $871,000 after purchasing an additional 597 shares during the period. Finally, National Planning Corp grew its stake in Intrexon Corporation by 13.4% during the second quarter. National Planning Corp now owns 12,958 shares of the biotechnology company’s stock worth $316,000 after purchasing an additional 1,528 shares during the period. 77.28% of the stock is owned by institutional investors and hedge funds.

Several equities research analysts recently commented on the company. Northland Securities set a $30.00 target price on Intrexon Corporation and gave the stock a “buy” rating in a research note on Monday, August 7th. BidaskClub cut Intrexon Corporation from a “hold” rating to a “sell” rating in a research note on Friday, August 4th. Griffin Securities reaffirmed a “buy” rating and set a $55.00 target price on shares of Intrexon Corporation in a research note on Friday, October 6th. JMP Securities reiterated an “outperform” rating and issued a $42.00 price target on shares of Intrexon Corporation in a report on Thursday, October 5th. Finally, Zacks Investment Research lowered Intrexon Corporation from a “hold” rating to a “sell” rating in a report on Monday, October 16th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $38.50.

In other news, Director Robert B. Shapiro purchased 2,850 shares of the business’s stock in a transaction on Tuesday, August 22nd. The shares were acquired at an average price of $17.50 per share, for a total transaction of $49,875.00. Following the completion of the acquisition, the director now owns 43,157 shares in the company, valued at $755,247.50. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 56.30% of the stock is currently owned by corporate insiders.

Intrexon Corporation (NYSE XON) opened at $11.81 on Monday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.05 and a quick ratio of 1.85. Intrexon Corporation has a fifty-two week low of $11.80 and a fifty-two week high of $32.90.

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Intrexon Corporation Profile

Intrexon Corporation (Intrexon) forms collaborations to create biologically-based products and processes using synthetic biology. The Company’s domestic operations are in California, Florida, Maryland, and Virginia, and its primary international operations are in Belgium and Hungary. The Company designs, builds and regulates gene programs, which are deoxyribonucleic acid (DNA) sequences that consist of genetic components.

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Institutional Ownership by Quarter for Intrexon Corporation (NYSE:XON)

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