Insider Selling: Cornelia W. Lemaitre Sells 4,700 Shares of LeMaitre Vascular Stock (LMAT)
LeMaitre Vascular (NASDAQ:LMAT) Director Cornelia W. Lemaitre unloaded 4,700 shares of the stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $8.32, for a total transaction of $39,104.00. Following the completion of the sale, the director now directly owns 174,581 shares of the company’s stock, valued at approximately $1,452,514. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of LeMaitre Vascular (NASDAQ:LMAT) traded up 2.44% during mid-day trading on Friday, hitting $8.39. The stock had a trading volume of 28,985 shares. LeMaitre Vascular has a 52 week low of $6.38 and a 52 week high of $8.96. The stock has a 50-day moving average of $7.61 and a 200-day moving average of $7.90. The company has a market cap of $131.2 million and a P/E ratio of 58.92.
LeMaitre Vascular (NASDAQ:LMAT) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.01 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.02 by $0.01. Analysts expect that LeMaitre Vascular will post $0.23 EPS for the current fiscal year.
LMAT has been the subject of a number of recent research reports. Analysts at Stifel Nicolaus initiated coverage on shares of LeMaitre Vascular in a research note on Tuesday. They set a “buy” rating and a $11.00 price target on the stock. Separately, analysts at Stifel initiated coverage on shares of LeMaitre Vascular in a research note on Tuesday. They set a “buy” rating and a $11.00 price target on the stock. Finally, analysts at Brean Capital initiated coverage on shares of LeMaitre Vascular in a research note on Monday, May 19th. They set a “buy” rating and a $11.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $10.54.
LeMaitre Vascular, Inc (NASDAQ:LMAT) is a global provider of medical devices and implants for the treatment of peripheral vascular disease.
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