Volcano Corp. CFO John T. Dahldorf Sells 2,054 Shares (VOLC)
Volcano Corp. (NASDAQ:VOLC) CFO John T. Dahldorf sold 2,054 shares of Volcano Corp. stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $21.86, for a total value of $44,900.44. Following the completion of the sale, the chief financial officer now directly owns 49,560 shares of the company’s stock, valued at approximately $1,083,382. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Volcano Corp. (NASDAQ:VOLC) traded up 0.09% on Friday, hitting $22.03. 478,292 shares of the company’s stock traded hands. Volcano Corp. has a 1-year low of $16.37 and a 1-year high of $24.57. The stock has a 50-day moving average of $21.38 and a 200-day moving average of $22.03. The company’s market cap is $1.209 billion.
VOLC has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Volcano Corp. in a research note on Tuesday. They now have a $23.00 price target on the stock. Separately, analysts at Raymond James downgraded shares of Volcano Corp. from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 21st. They now have a $25.00 price target on the stock. Finally, analysts at Leerink Swann downgraded shares of Volcano Corp. from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 14th. They now have a $23.00 price target on the stock, down previously from $29.00. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $23.79.
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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