Cardiovascular Systems SVP Paul A. Koehn Unloads 2,755 Shares (CSII)
Cardiovascular Systems (NASDAQ:CSII) SVP Paul A. Koehn sold 2,755 shares of the stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $29.06, for a total transaction of $80,060.30. Following the transaction, the senior vice president now directly owns 70,875 shares of the company’s stock, valued at approximately $2,059,628. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Cardiovascular Systems (NASDAQ:CSII) traded up 1.84% on Monday, hitting $29.87. The stock had a trading volume of 166,076 shares. 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 $28.88 and a 200-day moving average of $30.32. The company’s market cap is $924.7 million.
Cardiovascular Systems (NASDAQ:CSII) last posted its quarterly earnings results on Wednesday, August 6th. The company reported ($0.31) earnings per share for the quarter, missing the analysts’ 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. Cardiovascular Systems’s revenue was up 37.3% compared to the same quarter last year. Analysts expect that Cardiovascular Systems will post $-1.11 EPS 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 investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. Cardiovascular Systems has an average rating of “Buy” and a consensus target price of $40.67.
Cardiovascular Systems, Inc (NASDAQ:CSII) is a medical device company.
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