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Cardiovascular Systems (NASDAQ:CSII) CFO Laurence L. Betterley unloaded 5,725 shares of Cardiovascular Systems stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $29.28, for a total transaction of $167,628.00. Following the completion of the transaction, the chief financial officer now directly owns 205,319 shares in the company, valued at approximately $6,011,740. The sale was disclosed in a filing with the SEC, which is available at this link.

Shares of Cardiovascular Systems (NASDAQ:CSII) traded up 0.38% on Wednesday, hitting $29.40. The stock had a trading volume of 100,833 shares. Cardiovascular Systems has a 1-year low of $18.83 and a 1-year high of $37.73. The stock has a 50-day moving average of $29.08 and a 200-day moving average of $30.42. The company’s market cap is $910.2 million.

Cardiovascular Systems (NASDAQ:CSII) last announced its earnings results on Wednesday, August 6th. The company reported ($0.31) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.28) by $0.03. The company had revenue of $39.56 million for the quarter, compared to the consensus estimate of $37.21 million. The company’s quarterly revenue was up 37.3% on a year-over-year basis. On average, analysts predict that Cardiovascular Systems will post $-1.11 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Benchmark Co. raised their price target on shares of Cardiovascular Systems from $38.00 to $42.00 in a research note on Thursday, August 7th. They now have a “buy” rating on the stock. Analysts at Needham & Company LLC raised their price target on shares of Cardiovascular Systems from $37.00 to $38.00 in a research note on Thursday, August 7th. They now have a “strong-buy” rating on the stock. Four research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $40.67.

Cardiovascular Systems, Inc (NASDAQ:CSII) is a medical device company.

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