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Volcano Corp. (NASDAQ:VOLC) EVP David M. Sheehan sold 1,584 shares of the stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $20.61, for a total transaction of $32,646.24. Following the completion of the sale, the executive vice president now directly owns 35,644 shares of the company’s stock, valued at approximately $734,623. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

A number of analysts have recently weighed in on VOLC shares. Analysts at Raymond James downgraded shares of Volcano Corp. from an “outperform” rating to a “market perform” rating in a research note to investors on Tuesday, January 21st. They now have a $25.00 price target on the stock. Separately, analysts at Leerink Swann downgraded shares of Volcano Corp. from an “outperform” rating to a “market perform” rating in a research note to investors on Tuesday, January 14th. They now have a $23.00 price target on the stock, down previously from $29.00. Finally, analysts at JMP Securities downgraded shares of Volcano Corp. from an “outperform” rating to a “market perform” rating in a research note to investors on Tuesday, January 14th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $23.64.

Volcano Corp. (NASDAQ:VOLC) traded up 0.78% on Friday, hitting $20.80. The stock had a trading volume of 599,090 shares. Volcano Corp. has a 1-year low of $16.37 and a 1-year high of $26.23. The stock’s 50-day moving average is $21.42 and its 200-day moving average is $21.92. The company’s market cap is $1.142 billion. Volcano Corp. also was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 8,686,123 shares, a decline of 11.8% from the December 31st total of 9,709,109 shares. Based on an average trading volume of 791,001 shares, the short-interest ratio is currently 11.0 days. Currently, 16.0% of the company’s shares are short sold.

Volcano Corporation (NASDAQ:VOLC) designs, develops, manufactures and commercializes a range of precision guided therapy tools, including intravascular ultrasound (IVUS), and fractional flow reserve (FFR), products.

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