LivaNova PLC (NASDAQ:LIVN) major shareholder Two S.C.A. Equinox sold 391,379 shares of the firm’s stock in a transaction on Wednesday, September 21st. The shares were sold at an average price of $60.69, for a total value of $23,752,791.51. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Two S.C.A. Equinox also recently made the following trade(s):

  • On Friday, September 16th, Two S.C.A. Equinox sold 75,213 shares of LivaNova PLC stock. The shares were sold at an average price of $59.86, for a total value of $4,502,250.18.
  • On Tuesday, September 13th, Two S.C.A. Equinox sold 25,408 shares of LivaNova PLC stock. The shares were sold at an average price of $60.02, for a total value of $1,524,988.16.
  • On Thursday, September 8th, Two S.C.A. Equinox sold 208,000 shares of LivaNova PLC stock. The shares were sold at an average price of $60.52, for a total value of $12,588,160.00.

LivaNova PLC (NASDAQ:LIVN) opened at 61.46 on Thursday. The stock’s market cap is $3.00 billion. LivaNova PLC has a 12 month low of $46.79 and a 12 month high of $77.00. The stock has a 50 day moving average price of $60.84 and a 200-day moving average price of $53.85.

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Several large investors have recently modified their holdings of LIVN. LS Investment Advisors LLC increased its stake in shares of LivaNova PLC by 70.7% in the second quarter. LS Investment Advisors LLC now owns 2,840 shares of the company’s stock worth $143,000 after buying an additional 1,176 shares during the period. PNC Financial Services Group Inc. increased its stake in shares of LivaNova PLC by 1.9% in the second quarter. PNC Financial Services Group Inc. now owns 2,916 shares of the company’s stock worth $147,000 after buying an additional 54 shares during the period. Advisory Services Network LLC increased its stake in shares of LivaNova PLC by 7.8% in the second quarter. Advisory Services Network LLC now owns 3,508 shares of the company’s stock worth $176,000 after buying an additional 253 shares during the period. Capstone Asset Management Co. purchased a new stake in shares of LivaNova PLC during the second quarter worth $204,000. Finally, Quantitative Systematic Strategies LLC purchased a new stake in shares of LivaNova PLC during the second quarter worth $208,000. Institutional investors and hedge funds own 63.67% of the company’s stock.

A number of equities research analysts have commented on LIVN shares. Piper Jaffray Cos. reissued an “overweight” rating and issued a $59.00 target price (down previously from $61.00) on shares of LivaNova PLC in a report on Thursday, July 7th. WBB Securities reissued a “hold” rating and issued a $60.00 target price on shares of LivaNova PLC in a report on Wednesday, August 31st. Six analysts have rated the stock with a hold rating and two have given a buy rating to the stock. LivaNova PLC has a consensus rating of “Hold” and an average price target of $67.20.

About LivaNova PLC

LivaNova PLC is a medical technology company. The Company operates through three segments: Cardiac Surgery, Cardiac Rhythm Management (CRM) and Neuromodulation. The Cardiac Surgery business unit is engaged in the development, production and sale of cardiovascular surgery products, including oxygenators, heart-lung machines, perfusion tubing systems and systems for autotransfusion and autologous blood washing.

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