Zeltiq Aesthetics SVP Unloads $26,263 in Stock (ZLTQ)
Zeltiq Aesthetics (NASDAQ:ZLTQ) SVP Sergio Garcia sold 1,250 shares of the company’s stock in a transaction dated Wednesday, July 30th. The shares were sold at an average price of $21.01, for a total value of $26,262.50. Following the transaction, the senior vice president now directly owns 92,663 shares of the company’s stock, valued at approximately $1,946,850. The sale was disclosed in a legal filing with the SEC, which is available at this link.
A number of analysts have recently weighed in on ZLTQ shares. 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 given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $24.26.
Zeltiq Aesthetics (NASDAQ:ZLTQ) traded down 5.15% on Thursday, hitting $20.24. 1,857,808 shares of the company’s stock traded hands. Zeltiq Aesthetics has a 52 week low of $6.67 and a 52 week high of $24.79. The stock has a 50-day moving average of $15.94 and a 200-day moving average of $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 EPS for the quarter, beating the Thomson Reuters 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 quarterly revenue 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.
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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