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.
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