Insider Selling: LDR Holding Corp COO Sells 22,620 Shares of Stock (LDRH)
LDR Holding Corp (NASDAQ:LDRH) COO James Burrows unloaded 22,620 shares of the company’s stock on the open market in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $24.78, for a total transaction of $560,523.60. The transaction was disclosed in a legal filing 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 research analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and an average price target of $35.50.
LDR Holding Corp (NASDAQ:LDRH) opened at 27.07 on Monday. LDR Holding Corp has a one year low of $17.79 and a one year high of $40.39. The stock has a 50-day moving average of $23.67 and a 200-day moving average of $26.67. The company’s market cap is $702.9 million.
LDR Holding Corp (NASDAQ:LDRH) last released its earnings data on Wednesday, August 6th. The company reported ($0.09) EPS for the quarter, beating the Thomson Reuters 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. The company’s quarterly revenue was up 30.8% on a year-over-year basis. On average, analysts predict that LDR Holding Corp will post $-0.62 earnings per share 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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