Integer Holdings Co. (ITGR) Insider Jennifer M. Bolt Sells 7,626 Shares
Integer Holdings Co. (NASDAQ:ITGR) insider Jennifer M. Bolt sold 7,626 shares of Integer Holdings stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $48.22, for a total value of $367,725.72. Following the completion of the sale, the insider now owns 12,735 shares of the company’s stock, valued at $614,081.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Integer Holdings (NASDAQ:ITGR) last released its quarterly earnings results on Thursday, October 26th. The medical equipment provider reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.78 by $0.04. The business had revenue of $363.31 million for the quarter, compared to the consensus estimate of $354.83 million. The company’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.83 EPS.
A number of equities research analysts have weighed in on the company. Royal Bank Of Canada reiterated a “neutral” rating on shares of Integer Holdings in a report on Friday, October 27th. BidaskClub downgraded Integer Holdings from a “strong-buy” rating to a “buy” rating in a report on Saturday. Northcoast Research downgraded Integer Holdings from a “buy” rating to a “neutral” rating in a report on Monday, October 23rd. They noted that the move was a valuation call. TheStreet upgraded Integer Holdings from a “c+” rating to a “b-” rating in a report on Wednesday, October 18th. Finally, KeyCorp reiterated an “overweight” rating and issued a $62.00 target price (up from $51.00) on shares of Integer Holdings in a report on Monday, September 18th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. Integer Holdings has an average rating of “Hold” and a consensus target price of $51.00.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Meeder Asset Management Inc. raised its position in Integer Holdings by 411.1% during the 3rd quarter. Meeder Asset Management Inc. now owns 2,034 shares of the medical equipment provider’s stock valued at $104,000 after purchasing an additional 1,636 shares during the last quarter. Envestnet Asset Management Inc. raised its position in Integer Holdings by 184.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 3,545 shares of the medical equipment provider’s stock valued at $142,000 after purchasing an additional 2,298 shares during the last quarter. Public Employees Retirement System of Ohio raised its position in Integer Holdings by 126.2% during the 1st quarter. Public Employees Retirement System of Ohio now owns 4,834 shares of the medical equipment provider’s stock valued at $194,000 after purchasing an additional 2,697 shares during the last quarter. FMR LLC bought a new position in Integer Holdings during the 1st quarter valued at approximately $226,000. Finally, State of Alaska Department of Revenue raised its position in Integer Holdings by 81.0% during the 2nd quarter. State of Alaska Department of Revenue now owns 5,502 shares of the medical equipment provider’s stock valued at $237,000 after purchasing an additional 2,462 shares during the last quarter.
Integer Holdings Company Profile
Greatbatch, Inc is a developer and manufacturer of medical devices and components. The Company operates through two segments: Greatbatch Medical and QiG Group (QiG). Greatbatch Medical designs and manufactures products where the Company either owns the intellectual property or has unique manufacturing and assembly expertise.
Receive News & Ratings for Integer Holdings Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Integer Holdings Co. and related companies with MarketBeat.com's FREE daily email newsletter.