Invuity Inc. (NASDAQ:IVTY) Director Eric W. Roberts sold 5,000 shares of Invuity stock in a transaction on Thursday, September 15th. The stock was sold at an average price of $13.47, for a total transaction of $67,350.00. Following the transaction, the director now directly owns 69,945 shares of the company’s stock, valued at $942,159.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Invuity Inc. (NASDAQ:IVTY) opened at 13.74 on Wednesday. The firm’s market cap is $184.75 million. Invuity Inc. has a 1-year low of $4.80 and a 1-year high of $15.46. The company has a 50-day moving average price of $12.24 and a 200-day moving average price of $8.89.

Invuity (NASDAQ:IVTY) last released its quarterly earnings results on Tuesday, July 19th. The company reported ($0.76) EPS for the quarter, beating analysts’ consensus estimates of ($0.81) by $0.05. The business earned $8.20 million during the quarter, compared to analyst estimates of $8.04 million. Invuity had a negative return on equity of 113.16% and a negative net margin of 156.54%. On average, equities research analysts forecast that Invuity Inc. will post ($2.74) EPS for the current fiscal year.

A number of research firms have recently weighed in on IVTY. Zacks Investment Research raised Invuity from a “hold” rating to a “buy” rating and set a $15.00 target price for the company in a report on Tuesday. TheStreet downgraded Invuity to a “sell” rating in a report on Tuesday, July 19th. Leerink Swann reissued a “buy” rating and set a $15.00 target price on shares of Invuity in a report on Thursday, June 23rd. Piper Jaffray Cos. reissued an “overweight” rating and set a $12.00 target price on shares of Invuity in a report on Wednesday, July 20th. Finally, Lake Street Capital began coverage on Invuity in a report on Monday. They set a “buy” rating and a $18.00 target price for the company. One equities research analyst has rated the stock with a sell rating and five have issued a buy rating to the company. Invuity presently has an average rating of “Buy” and an average price target of $17.00.

A number of large investors have recently added to or reduced their stakes in IVTY. FMR LLC raised its stake in Invuity by 15.9% in the second quarter. FMR LLC now owns 2,009,300 shares of the company’s stock worth $19,149,000 after buying an additional 276,200 shares during the last quarter. Deerfield Management Co. raised its stake in Invuity by 23.1% in the first quarter. Deerfield Management Co. now owns 1,327,009 shares of the company’s stock worth $9,581,000 after buying an additional 248,791 shares during the last quarter. RTW Investments LLC increased its position in shares of Invuity by 6.2% in the second quarter. RTW Investments LLC now owns 226,042 shares of the company’s stock worth $2,154,000 after buying an additional 13,234 shares during the period. Granite Investment Partners LLC acquired a new position in shares of Invuity during the first quarter worth about $866,000. Finally, Vanguard Group Inc. increased its position in shares of Invuity by 4.7% in the second quarter. Vanguard Group Inc. now owns 115,244 shares of the company’s stock worth $1,098,000 after buying an additional 5,141 shares during the period. 48.42% of the stock is owned by institutional investors and hedge funds.

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