Cardiovascular Systems SVP Sells $63,479 in Stock (CSII)
Cardiovascular Systems (NASDAQ:CSII) SVP Paul A. Koehn unloaded 2,168 shares of the stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $29.28, for a total value of $63,479.04. Following the completion of the transaction, the senior vice president now directly owns 73,630 shares of the company’s stock, valued at approximately $2,155,886. The transaction was disclosed in a document filed with the SEC, which is available at this link.
A number of research firms have recently commented on CSII. 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 equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. Cardiovascular Systems currently has an average rating of “Buy” and a consensus price target of $40.67.
Shares of Cardiovascular Systems (NASDAQ:CSII) traded down 0.10% on Friday, hitting $29.39. 45,783 shares of the company’s stock traded hands. Cardiovascular Systems has a 52-week low of $18.83 and a 52-week high of $37.73. The stock has a 50-day moving average of $28.94 and a 200-day moving average of $30.41. The company’s market cap is $909.9 million.
Cardiovascular Systems (NASDAQ:CSII) last announced its earnings results on Wednesday, August 6th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing the 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.
Cardiovascular Systems, Inc (NASDAQ:CSII) is a medical device company.
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