ZELTIQ Aesthetics VP Sells $14,616 in Stock (ZLTQ)
ZELTIQ Aesthetics (NASDAQ:ZLTQ) VP Carl Lamm sold 1,624 shares of the stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of $9.00, for a total transaction of $14,616.00. Following the completion of the transaction, the vice president now directly owns 24,693 shares in the company, valued at approximately $222,237. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
ZELTIQ Aesthetics (NASDAQ:ZLTQ) traded down 0.43% on Tuesday, hitting $9.26. The stock had a trading volume of 60,255 shares. ZELTIQ Aesthetics has a 1-year low of $3.20 and a 1-year high of $9.79. The stock’s 50-day moving average is $8.43 and its 200-day moving average is $6.11. The company’s market cap is $334.8 million.
ZLTQ has been the subject of a number of recent research reports. Analysts at Canaccord Genuity raised their price target on shares of ZELTIQ Aesthetics from $9.50 to $13.00 in a research note to investors on Tuesday, September 24th. They now have a “buy” rating on the stock. Finally, analysts at William Blair upgraded shares of ZELTIQ Aesthetics from a “market perform” rating to an “outperform” rating in a research note to investors on Thursday, July 25th.
Zeltiq Aesthetics, Inc operates as a medical device development company. It engages in the design, development, and commercialization of non-invasive procedures for the reduction of unwanted fat tissue.
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