Edwards Lifesciences Corporation (EW) VP Sells $617,185.00 in Stock
Edwards Lifesciences Corporation (NYSE:EW) VP Donald E. Bobo, Jr. sold 5,300 shares of Edwards Lifesciences stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $116.45, for a total transaction of $617,185.00. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Donald E. Bobo, Jr. also recently made the following trade(s):
- On Monday, October 30th, Donald E. Bobo, Jr. sold 5,300 shares of Edwards Lifesciences stock. The shares were sold at an average price of $101.12, for a total value of $535,936.00.
- On Friday, September 29th, Donald E. Bobo, Jr. sold 5,300 shares of Edwards Lifesciences stock. The shares were sold at an average price of $108.86, for a total value of $576,958.00.
Shares of Edwards Lifesciences Corporation (EW) traded up $0.83 during trading hours on Thursday, reaching $117.20. The company’s stock had a trading volume of 2,192,288 shares, compared to its average volume of 1,636,207. The company has a market cap of $23,957.49, a PE ratio of 31.36, a P/E/G ratio of 2.03 and a beta of 0.46. Edwards Lifesciences Corporation has a 12-month low of $81.12 and a 12-month high of $121.45. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.49 and a quick ratio of 2.76.
A number of research analysts have issued reports on EW shares. Canaccord Genuity reissued a “buy” rating and set a $135.00 price objective (down from $155.00) on shares of Edwards Lifesciences in a report on Wednesday, October 25th. BMO Capital Markets reaffirmed a “buy” rating and issued a $132.00 price target on shares of Edwards Lifesciences in a report on Friday, September 1st. William Blair reaffirmed an “outperform” rating on shares of Edwards Lifesciences in a report on Monday, August 28th. SunTrust Banks set a $124.00 price target on Edwards Lifesciences and gave the company a “buy” rating in a report on Wednesday, October 25th. Finally, Morgan Stanley cut their price target on Edwards Lifesciences from $133.00 to $120.00 and set an “overweight” rating for the company in a report on Thursday, October 26th. Seven analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $125.27.
Large investors have recently made changes to their positions in the business. ETF Managers Group LLC bought a new stake in Edwards Lifesciences during the 2nd quarter worth about $112,000. Shine Investment Advisory Services Inc. bought a new stake in Edwards Lifesciences during the 2nd quarter worth about $126,000. MPS Loria Financial Planners LLC bought a new stake in Edwards Lifesciences during the 2nd quarter worth about $140,000. Dupont Capital Management Corp bought a new stake in Edwards Lifesciences during the 3rd quarter worth about $142,000. Finally, Captrust Financial Advisors bought a new stake in Edwards Lifesciences during the 2nd quarter worth about $149,000. 81.55% of the stock is owned by hedge funds and other institutional investors.
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Edwards Lifesciences Company Profile
Edwards Lifesciences Corporation is a manufacturer of heart valve systems and repair products used to replace or repair a patient’s diseased or defective heart valve. The Company is engaged in patient-focused innovations for structural heart disease and critical care monitoring. Its segments include United States, Europe, Japan and Rest of World.
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