Insider Selling: Integer Holdings Co. (ITGR) Director Sells 20,605 Shares of Stock
Integer Holdings Co. (NYSE:ITGR) Director Bill R. Sanford sold 20,605 shares of the business’s stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $46.00, for a total value of $947,830.00. Following the completion of the sale, the director now directly owns 63,606 shares of the company’s stock, valued at $2,925,876. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of Integer Holdings Co. (NYSE ITGR) traded up $0.25 during mid-day trading on Tuesday, reaching $45.85. The company’s stock had a trading volume of 188,700 shares, compared to its average volume of 187,737. The company has a debt-to-equity ratio of 1.95, a quick ratio of 1.37 and a current ratio of 2.58. Integer Holdings Co. has a 12 month low of $29.00 and a 12 month high of $55.20. The firm has a market capitalization of $1,444.14, a P/E ratio of 16.76, a P/E/G ratio of 1.16 and a beta of 1.07.
Integer (NYSE:ITGR) last issued its earnings results on Thursday, October 26th. The medical equipment provider reported $0.82 EPS for the quarter, beating 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 during the quarter, compared to the consensus estimate of $354.83 million. During the same period in the previous year, the firm posted $0.83 earnings per share. Integer’s quarterly revenue was up 4.8% compared to the same quarter last year. analysts anticipate that Integer Holdings Co. will post 2.62 earnings per share for the current fiscal year.
A number of hedge funds have recently modified their holdings of the business. AXA acquired a new position in Integer in the third quarter valued at approximately $5,749,000. GSA Capital Partners LLP boosted its position in shares of Integer by 83.8% during the third quarter. GSA Capital Partners LLP now owns 42,250 shares of the medical equipment provider’s stock worth $2,161,000 after buying an additional 19,260 shares during the period. Algert Global LLC boosted its position in shares of Integer by 22.2% during the third quarter. Algert Global LLC now owns 50,618 shares of the medical equipment provider’s stock worth $2,589,000 after buying an additional 9,181 shares during the period. California Public Employees Retirement System boosted its position in shares of Integer by 13.5% during the third quarter. California Public Employees Retirement System now owns 105,191 shares of the medical equipment provider’s stock worth $5,381,000 after buying an additional 12,491 shares during the period. Finally, Point72 Asset Management L.P. boosted its position in shares of Integer by 83.8% during the third quarter. Point72 Asset Management L.P. now owns 367,600 shares of the medical equipment provider’s stock worth $18,803,000 after buying an additional 167,600 shares during the period. Institutional investors own 95.07% of the company’s stock.
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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