Cardiovascular Systems SVP Paul A. Koehn Sells 1,315 Shares (CSII)
Cardiovascular Systems (NASDAQ:CSII) SVP Paul A. Koehn unloaded 1,315 shares of the company’s stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $28.82, for a total transaction of $37,898.30. Following the transaction, the senior vice president now directly owns 69,560 shares of the company’s stock, valued at approximately $2,004,719. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
CSII has been the subject of a number of recent research reports. 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 given a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $40.67.
Cardiovascular Systems (NASDAQ:CSII) traded up 1.86% on Tuesday, hitting $29.02. The stock had a trading volume of 135,493 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 $28.73 and a 200-day moving average of $30.1. The company’s market cap is $914.8 million.
Cardiovascular Systems (NASDAQ:CSII) last issued its quarterly earnings data 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.
Cardiovascular Systems, Inc (NASDAQ:CSII) is a medical device company.
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