Integer Holdings Co. (ITGR) EVP Joseph F. Flanagan Sells 799 Shares

Integer Holdings Co. (NYSE:ITGR) EVP Joseph F. Flanagan sold 799 shares of the firm’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 transaction of $35,867.11. Following the completion of the transaction, the executive vice president now directly owns 4,243 shares in the company, valued at $190,468.27. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of Integer Holdings Co. (NYSE:ITGR) traded down $0.55 on Friday, hitting $48.55. 62,857 shares of the stock were exchanged, compared to its average volume of 136,717. Integer Holdings Co. has a 52 week low of $29.40 and a 52 week high of $55.20. The company has a market cap of $1,554.99, a P/E ratio of 18.05, a PEG ratio of 1.03 and a beta of 1.08. The company has a current ratio of 2.58, a quick ratio of 1.37 and a debt-to-equity ratio of 1.95.

Integer (NYSE:ITGR) last announced its earnings results on Thursday, October 26th. The medical equipment provider reported $0.82 EPS for the quarter, topping the consensus estimate of $0.78 by $0.04. The business had revenue of $363.31 million during the quarter, compared to the consensus estimate of $354.83 million. Integer had a net margin of 1.42% and a return on equity of 11.22%. Integer’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.83 EPS. analysts expect that Integer Holdings Co. will post 2.62 earnings per share for the current year.

A number of equities analysts have recently weighed in on ITGR shares. Northcoast Research cut shares of Integer from a “buy” rating to a “neutral” rating in a research report on Monday, October 23rd. They noted that the move was a valuation call. TheStreet upgraded shares of Integer from a “c+” rating to a “b-” rating in a report on Wednesday, October 18th. BidaskClub upgraded shares of Integer from a “buy” rating to a “strong-buy” rating in a report on Thursday, September 28th. Royal Bank of Canada reiterated a “hold” rating and issued a $40.00 price target on shares of Integer in a research note on Friday, September 22nd. Finally, KeyCorp reiterated an “overweight” rating and issued a $62.00 price target (up from $51.00) on shares of Integer in a research note on Monday, September 18th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $51.00.

A number of hedge funds and other institutional investors have recently bought and sold shares of ITGR. UBS Asset Management Americas Inc. raised its position in shares of Integer by 0.5% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 18,967 shares of the medical equipment provider’s stock valued at $820,000 after buying an additional 98 shares in the last quarter. TIAA CREF Investment Management LLC raised its position in shares of Integer by 0.6% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 123,410 shares of the medical equipment provider’s stock valued at $5,337,000 after buying an additional 740 shares in the last quarter. Quantbot Technologies LP raised its position in shares of Integer by 21.5% in the 3rd quarter. Quantbot Technologies LP now owns 6,255 shares of the medical equipment provider’s stock valued at $319,000 after buying an additional 1,107 shares in the last quarter. Rhumbline Advisers raised its position in shares of Integer by 2.0% in the 3rd quarter. Rhumbline Advisers now owns 61,908 shares of the medical equipment provider’s stock valued at $3,167,000 after buying an additional 1,235 shares in the last quarter. Finally, American International Group Inc. raised its position in shares of Integer by 6.1% in the 3rd quarter. American International Group Inc. now owns 24,207 shares of the medical equipment provider’s stock valued at $1,238,000 after buying an additional 1,389 shares in the last quarter. 95.02% of the stock is owned by hedge funds and other institutional investors.

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Integer 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.

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

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