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Zeltiq Aesthetics (NASDAQ:ZLTQ) CEO Mark J. Foley unloaded 21,269 shares of Zeltiq Aesthetics stock in a transaction that occurred on Wednesday, July 30th. The stock was sold at an average price of $21.50, for a total value of $457,283.50. Following the transaction, the chief executive officer now directly owns 670,270 shares of the company’s stock, valued at approximately $14,410,805. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of Zeltiq Aesthetics (NASDAQ:ZLTQ) traded down 5.15% on Thursday, hitting $20.24. The stock had a trading volume of 1,857,808 shares. Zeltiq Aesthetics has a one year low of $6.67 and a one year high of $24.79. The stock’s 50-day moving average is $15.94 and its 200-day moving average is $17.84. The company’s market cap is $757.8 million.

Zeltiq Aesthetics (NASDAQ:ZLTQ) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.13) by $0.20. The company had revenue of $47.10 million for the quarter, compared to the consensus estimate of $34.93 million. The company’s revenue for the quarter was up 79.1% on a year-over-year basis. On average, analysts predict that Zeltiq Aesthetics will post $-0.39 earnings per share for the current fiscal year.

A number of research firms have recently commented on ZLTQ. Analysts at Leerink Swann raised their price target on shares of Zeltiq Aesthetics from $26.00 to $27.00 in a research note on Thursday. Separately, analysts at Maxim Group raised their price target on shares of Zeltiq Aesthetics from $25.00 to $30.00 in a research note on Wednesday. They now have a “buy” rating on the stock. Finally, analysts at Cantor Fitzgerald reiterated a “positive” rating on shares of Zeltiq Aesthetics in a research note on Monday, May 5th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Zeltiq Aesthetics presently has a consensus rating of “Buy” and a consensus target price of $24.26.

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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