Inogen, Inc (INGN) Director Heath Lukatch Sells 2,500 Shares
Inogen, Inc (NASDAQ:INGN) Director Heath Lukatch sold 2,500 shares of Inogen stock in a transaction on Friday, December 1st. The stock was sold at an average price of $126.40, for a total value of $316,000.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Heath Lukatch also recently made the following trade(s):
- On Wednesday, September 6th, Heath Lukatch sold 2,500 shares of Inogen stock. The stock was sold at an average price of $97.44, for a total value of $243,600.00.
Inogen, Inc (INGN) traded down $0.79 during midday trading on Tuesday, hitting $118.31. The stock had a trading volume of 150,074 shares, compared to its average volume of 171,878. Inogen, Inc has a 12 month low of $60.02 and a 12 month high of $130.05. The firm has a market capitalization of $2,460.00, a PE ratio of 99.99, a price-to-earnings-growth ratio of 5.17 and a beta of 1.13.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Schroder Investment Management Group acquired a new position in shares of Inogen in the second quarter worth $132,000. Ameritas Investment Partners Inc. raised its holdings in shares of Inogen by 6.1% in the second quarter. Ameritas Investment Partners Inc. now owns 1,495 shares of the medical technology company’s stock worth $143,000 after acquiring an additional 86 shares during the last quarter. Sei Investments Co. raised its holdings in shares of Inogen by 38.1% in the second quarter. Sei Investments Co. now owns 1,606 shares of the medical technology company’s stock worth $153,000 after acquiring an additional 443 shares during the last quarter. Victory Capital Management Inc. raised its holdings in shares of Inogen by 17.8% in the second quarter. Victory Capital Management Inc. now owns 2,036 shares of the medical technology company’s stock worth $194,000 after acquiring an additional 307 shares during the last quarter. Finally, Pinebridge Investments L.P. raised its holdings in shares of Inogen by 1.6% in the second quarter. Pinebridge Investments L.P. now owns 2,143 shares of the medical technology company’s stock worth $204,000 after acquiring an additional 33 shares during the last quarter.
Several equities analysts recently issued reports on INGN shares. Zacks Investment Research raised Inogen from a “hold” rating to a “buy” rating and set a $131.00 price objective for the company in a report on Thursday, November 9th. Needham & Company LLC lifted their price objective on Inogen from $108.00 to $125.00 and gave the stock a “strong-buy” rating in a report on Wednesday, November 8th. BidaskClub raised Inogen from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 8th. Piper Jaffray Companies reaffirmed a “hold” rating and set a $90.00 price objective on shares of Inogen in a report on Tuesday, September 12th. Finally, Leerink Swann reaffirmed an “outperform” rating and set a $120.00 price objective (up from $115.00) on shares of Inogen in a report on Wednesday, November 8th. Four investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $103.14.
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Inogen, Inc is a medical technology company. The Company develops, manufactures and markets portable oxygen concentrators used to deliver supplemental long-term oxygen therapy to patients suffering from chronic respiratory conditions. The Company’s Inogen One systems concentrate the air around the patient to offer a single source of supplemental oxygen anytime, anywhere with a portable device.
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