Wednesday’s Midday Stock Update: Ebix (EBIX), La Jolla Pharma (LJPC), 3D Systems (DDD), Inovio Pharmaceuticals (INO), Seagate Tech (STX)

So far Wednesday, January 27, NASDAQ is down -0.24% and the S&P is down -2.89%. Let’s take a look at this morning’s most active stocks and their recent analyst insights; Ebix (EBIXResearch Report), La Jolla Pharma (LJPCResearch Report), 3D Systems (DDDResearch Report), Inovio Pharmaceuticals (INOResearch Report) and Seagate Tech (STXResearch Report).

Ebix is up 26.47% in midday trading to $59.72. Shares opened today at $47.22. The company has a 52-week low of $8.75 and a 52-week high of $48.30. In the last 30 days, insiders have sold $747.6K worth of EBIX shares.

La Jolla Pharma is up 20.23% in midday trading to $7.31. Shares opened today at $6.08. The company has a 52-week low of $3.36 and a 52-week high of $9.38.

3D Systems is up 20.09% in midday trading to $43.10. Shares opened today at $35.89. The company has a 52-week low of $4.60 and a 52-week high of $38.96. On the Street’s front, the average 12-month analyst price target for the stock is $24.80, marking a -30.90% potential downside from current levels. In a report issued on January 25, Berenberg Bank analyst Kenneth Vallace downgraded DDD to Hold, with a price target of $30.00, which represents a potential downside of 16% from where the stock is currently trading. Separately, on January 15, J.P. Morgan’s Paul Coster downgraded the stock to Sell and has a price target of $18.00. In the last 30 days, insiders have sold $281.5K worth of DDD shares.

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Inovio Pharmaceuticals is up 19.43% in midday trading to $12.54. Shares opened today at $10.50. The company has a 52-week low of $3.14 and a 52-week high of $33.79. On the Street’s front, the average 12-month analyst price target for the stock is $13.00, marking a 23.81% potential upside from current levels. In a report issued on January 8, The Benchmark Company analyst Aydin Huseynov maintained a Buy rating on INO, with a price target of $15.00, which implies an upside of 43% from current levels. Separately, on January 7, H.C. Wainwright’s Ram Selvaraju reiterated a Hold rating on the stock .

Seagate Tech is up 17.4% in midday trading to $75.89. Shares opened today at $64.64. The company has a 52-week low of $39.02 and a 52-week high of $66.69. On the Street’s front, the average 12-month analyst price target for the stock is $63.78, marking a -1.33% potential downside from current levels. In a report issued on January 22, Bernstein Research analyst Mark Newman maintained a Hold rating on STX, with a price target of $50.00, which implies a downside of 23% from current levels. Separately, on the same day, Craig-Hallum’s Christian Schwab maintained a Buy rating on the stock and has a price target of $78.00. In the last 30 days, insiders have sold $237.7M worth of STX shares. Over the last 3 months, the insider sentiment on Seagate Tech has been negative based on 159 corporate insider transactions. This sentiment is lower than the average sector sentiment of insiders.

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