Insider Selling: Integer Holdings Co. (ITGR) CEO Sells 3,182 Shares of Stock

Integer Holdings Co. (NYSE:ITGR) CEO Joseph W. Dziedzic sold 3,182 shares of the company’s stock in a transaction that occurred on Wednesday, January 3rd. The shares were sold at an average price of $44.89, for a total value of $142,839.98. Following the completion of the transaction, the chief executive officer now owns 21,351 shares in the company, valued at approximately $958,446.39. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of Integer Holdings Co. (NYSE:ITGR) traded up $1.00 during mid-day trading on Friday, hitting $45.85. The company had a trading volume of 142,646 shares, compared to its average volume of 143,236. The company has a quick ratio of 1.37, a current ratio of 2.58 and a debt-to-equity ratio of 1.95. Integer Holdings Co. has a one year low of $29.00 and a one year high of $55.20. The stock has a market capitalization of $1,420.00, a P/E ratio of 71.64, a PEG ratio of 0.95 and a beta of 1.07.

Integer (NYSE: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 Zacks’ consensus estimate of $0.78 by $0.04. Integer had a return on equity of 11.22% and a net margin of 1.42%. The company had revenue of $363.31 million for the quarter, compared to the consensus estimate of $354.83 million. During the same quarter last year, the business posted $0.83 earnings per share. The firm’s revenue was up 4.8% compared to the same quarter last year. sell-side analysts predict that Integer Holdings Co. will post 2.62 earnings per share for the current fiscal year.

Several equities research analysts have issued reports on ITGR shares. TheStreet upgraded Integer from a “c+” rating to a “b-” rating in a research report on Wednesday, October 18th. BidaskClub downgraded Integer from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 28th. ValuEngine upgraded Integer from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Zacks Investment Research upgraded Integer from a “sell” rating to a “buy” rating and set a $51.00 target price on the stock in a research report on Wednesday, December 27th. Finally, Royal Bank of Canada restated a “hold” rating and set a $40.00 target price on shares of Integer in a research report on Friday, September 22nd. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $51.00.

Several hedge funds have recently modified their holdings of ITGR. Meeder Asset Management Inc. raised its position in shares of Integer by 411.1% in 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 in the last quarter. Zions Bancorporation bought a new position in Integer in the third quarter valued at $174,000. Amalgamated Bank bought a new position in Integer in the third quarter valued at $212,000. Bessemer Group Inc. bought a new position in Integer in the third quarter valued at $220,000. Finally, Piedmont Investment Advisors LLC bought a new position in Integer in the second quarter valued at $260,000. Institutional investors own 95.02% of the company’s stock.

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About Integer

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.

Insider Buying and Selling by Quarter for Integer (NYSE:ITGR)

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