Integer Holdings Co. (NASDAQ:ITGR) was downgraded by BidaskClub from a “buy” rating to a “hold” rating in a report released on Saturday.

ITGR has been the topic of several other research reports. Royal Bank Of Canada reaffirmed a “neutral” rating on shares of Integer Holdings in a report on Friday, October 27th. Zacks Investment Research lowered Integer Holdings from a “hold” rating to a “sell” rating in a report on Monday, August 28th. KeyCorp reaffirmed an “overweight” rating and set a $62.00 price objective (up previously from $51.00) on shares of Integer Holdings in a report on Monday, September 18th. TheStreet raised Integer Holdings from a “c+” rating to a “b-” rating in a report on Wednesday, October 18th. Finally, Northcoast Research lowered 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. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $51.00.

Shares of Integer Holdings (NASDAQ:ITGR) traded down $1.15 during mid-day trading on Friday, hitting $46.45. The company’s stock had a trading volume of 163,109 shares, compared to its average volume of 172,117. Integer Holdings has a 12 month low of $20.90 and a 12 month high of $55.20.

Integer Holdings (NASDAQ:ITGR) last issued its quarterly earnings data on Thursday, October 26th. The medical equipment provider reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.04. The firm had revenue of $363.31 million for the quarter, compared to analysts’ expectations of $354.83 million. The business’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.83 EPS.

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In related news, insider Jennifer M. Bolt sold 7,626 shares of the firm’s stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $48.22, for a total transaction of $367,725.72. Following the transaction, the insider now owns 12,735 shares of the company’s stock, valued at $614,081.70. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider John A. Harris sold 1,261 shares of the firm’s stock in a transaction dated Wednesday, September 6th. The stock was sold at an average price of $45.40, for a total value of $57,249.40. Following the transaction, the insider now directly owns 2,064 shares in the company, valued at approximately $93,705.60. The disclosure for this sale can be found here.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ITGR. Ameritas Investment Partners Inc. purchased a new position in shares of Integer Holdings during the first quarter worth about $104,000. Meeder Asset Management Inc. grew its holdings in shares of Integer Holdings by 411.1% during the third quarter. Meeder Asset Management Inc. now owns 2,034 shares of the medical equipment provider’s stock worth $104,000 after buying an additional 1,636 shares during the last quarter. BNP Paribas Arbitrage SA purchased a new position in shares of Integer Holdings during the third quarter worth about $110,000. Bank of Montreal Can purchased a new position in shares of Integer Holdings during the third quarter worth about $116,000. Finally, Municipal Employees Retirement System of Michigan purchased a new position in shares of Integer Holdings during the third quarter worth about $121,000.

About Integer Holdings

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.

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