Insider Selling: James Burrows Sells 22,620 Shares of LDR Holding Corp Stock (LDRH)
LDR Holding Corp (NASDAQ:LDRH) COO James Burrows sold 22,620 shares of LDR Holding Corp stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $24.78, for a total transaction of $560,523.60. The sale was disclosed in a document filed with the SEC, which is available at this link.
LDRH has been the subject of a number of recent research reports. Analysts at Piper Jaffray raised their price target on shares of LDR Holding Corp from $38.00 to $40.00 in a research note on Thursday, August 7th. They now have an “overweight” rating on the stock. Analysts at RBC Capital initiated coverage on shares of LDR Holding Corp in a research note on Monday, June 23rd. They set an “outperform” rating and a $34.00 price target on the stock. Five investment analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and a consensus price target of $35.50.
Shares of LDR Holding Corp (NASDAQ:LDRH) traded up 3.42% on Thursday, hitting $25.97. The stock had a trading volume of 216,646 shares. LDR Holding Corp has a one year low of $17.79 and a one year high of $40.39. The stock’s 50-day moving average is $23.63 and its 200-day moving average is $26.66. The company’s market cap is $674.3 million.
LDR Holding Corp (NASDAQ:LDRH) last released its earnings data on Wednesday, August 6th. The company reported ($0.09) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.14) by $0.05. The company had revenue of $34.80 million for the quarter, compared to the consensus estimate of $31.14 million. LDR Holding Corp’s revenue was up 30.8% compared to the same quarter last year. Analysts expect that LDR Holding Corp will post $-0.62 EPS for the current fiscal year.
LDR Holding Corporation is a global medical device company focused on designing and commercializing novel and surgical technologies for the treatment of patients suffering from spine disorders.
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