Varian Medical Systems Inc (NYSE:VAR) Shorts Declined By 18.2%

June 27, 2018 - By Carey Conley

Varian Medical Systems, Inc. (NYSE:VAR) Corporate Logo

During Q1 2018 the big money sentiment decreased to 0.67. That’s change of 0.13, from 2017Q4’s 0.8. 34 investors sold all, 214 reduced holdings as Varian Medical Systems, Inc. ratio turned negative. 109 rose stakes while 58 funds bought stakes. Funds hold 82.38 million shares thus 5.31% less from 2017Q4’s 87.00 million shares.
Clearbridge Invs Lc has 0.05% invested in Varian Medical Systems, Inc. (NYSE:VAR) for 426,081 shs. South Texas Money Ltd has 0.08% invested in Varian Medical Systems, Inc. (NYSE:VAR) for 14,893 shs. Brown Brothers Harriman & Com holds 0% or 262 shs in its capital. Tnb Fincl has 0.19% invested in Varian Medical Systems, Inc. (NYSE:VAR) for 8,752 shs. Commerzbank Aktiengesellschaft Fi has invested 0.01% in Varian Medical Systems, Inc. (NYSE:VAR). Tiverton Asset Mngmt Ltd Com accumulated 1,333 shs. The Alabama-based Regions Fincl has invested 0% in Varian Medical Systems, Inc. (NYSE:VAR). The New York-based Pinnacle Assocs has invested 0.02% in Varian Medical Systems, Inc. (NYSE:VAR). Millennium Mngmt Ltd Llc stated it has 256,392 shs. Teacher Retirement Of Texas holds 0.02% or 20,209 shs. California-based Everett Harris Ca has invested 0.03% in Varian Medical Systems, Inc. (NYSE:VAR). Fifth Third Financial Bank holds 0% of its capital in Varian Medical Systems, Inc. (NYSE:VAR) for 3,298 shs. Qs Llc owns 4,453 shs for 0.01% of their capital. 5,900 are held by Prudential Public Limited. Rhumbline Advisers has invested 0.05% in Varian Medical Systems, Inc. (NYSE:VAR).

Varian Medical Systems, Inc. registered $12.67 million net activity with 0 insider purchases and 21 sales since January 2, 2018. On Tuesday, April 10 KENNEDY KOLLEEN T had sold 699 shs worth $84,113. On Thursday, February 1 $274,383 worth of Varian Medical Systems, Inc. (NYSE:VAR) was sold by LARET MARK R. Another trade for 1,556 shs valued at $196,792 was sold by MOMSEN MAGNUS. WILSON DOW R sold 24,000 shs worth $2.83 million. On Tuesday, March 6 a trade for 5,651 shs valued at $692,560 was made by ILLINGWORTH DAVID J. GUERTIN TIMOTHY E had sold 10,000 shs worth $1.11M.

Varian Medical Systems Inc (NYSE:VAR) had a decrease of its shorted shares by 18.2%. FINRA published in June VAR’s total 2.49M shorted shares. That’s 18.2% down from 3.04 million shares. 3 days will cost VAR with 929,300 average volume to recover its former position. Varian Medical Systems Inc float short is 2.72%.

Ticker’s shares touched $117.09 during the last trading session after 0.13% change.Currently Varian Medical Systems, Inc. is uptrending after 21.31% change in last June 27, 2017. VAR has also 133,687 shares volume. VAR outperformed by 8.74% the S&P 500.

Varian Medical Systems, Inc. designs, makes, sells, and services medical devices and software products for treating cancer and other medical conditions worldwide.The firm is worth $10.71 billion. It operates through two divisions, Oncology Systems and Imaging Components.The P/E ratio is 87.97. The Oncology Systems segment provides hardware and software products for treating cancer with radiotherapy, fixed field intensity-modulated radiation therapy, image-guided radiation therapy, volumetric modulated arc therapy, stereotactic radiosurgery, stereotactic body radiotherapy, and brachytherapy.

Varian Medical Systems, Inc. (NYSE:VAR) Ratings Coverage

In total 8 analysts cover Varian Medical Systems (NYSE:VAR). “Buy” rating has 3, “Sell” are 2, while 3 are “Hold”. (NYSE:VAR) has 38% bullish analysts. 9 are the (NYSE:VAR)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Thursday, January 25 the firm has “Hold” rating by Robert W. Baird given. On Thursday, January 25 the company was maintained by Citigroup. The company rating was upgraded by Barrington on Thursday, January 25. On Thursday, January 25 the rating was maintained by JP Morgan with “Neutral”. On Thursday, April 26 the firm earned “Buy” rating by Jefferies. On Thursday, April 26 RBC Capital Markets maintained Varian Medical Systems, Inc. (NYSE:VAR) with “Hold” rating. On Thursday, January 25 RBC Capital Markets maintained the shares of VAR in report with “Hold” rating. In Thursday, January 25 report Goldman Sachs downgraded the stock to “Sell” rating.

There’s a significant Varian Medical Systems, Inc. (NYSE:VAR) news brought out by Streetinsider.com. It’s a report titled: “Varian Medical Systems (VAR) Informed Sirtex that it Will not be Providing Counter Proposal to CDH-CGP Offer” on June 14, 2018.

Varian Medical Systems, Inc. (NYSE:VAR) Institutional Investors Chart

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