Institutional investors shift stakes in Graham Holdings and Guardant Health

Edgestream Partners L.P. increased its position in Graham Holdings Company, raising its holding to 10,155 shares valued at about $10.74 million, representing 0.24% of the company after a purchase of 883 shares in the first quarter. Several other institutions also adjusted their Graham Holdings stakes, including Allspring Global Investments, Vest Financial, Baker Ellis Asset Management, Hussman Strategic Advisors and Y Intercept Hong Kong.

First Trust Advisors LP reduced its stake in Guardant Health, selling 43,793 shares and ending the quarter with 135,938 shares worth roughly $12.56 million, or 0.10% of the company. Other investors such as PNC Financial Services, Hollencrest Capital Management, WCM Investment Management, KBC Group and the Swiss National Bank changed their Guardant Health holdings during the same period. Analysts from Royal Bank of Canada, Canaccord Genuity, Barclays, Piper Sandler and Evercore issued new price targets and ratings for Guardant Health following the activity.