Masimo Co. (NASDAQ:MASI) EVP Yongsam Lee sold 10,000 shares of the business’s stock in a transaction dated Friday, January 5th. The stock was sold at an average price of $88.17, for a total transaction of $881,700.00. Following the transaction, the executive vice president now owns 75,018 shares in the company, valued at $6,614,337.06. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Yongsam Lee also recently made the following trade(s):

  • On Friday, December 1st, Yongsam Lee sold 5,900 shares of Masimo stock. The stock was sold at an average price of $88.31, for a total transaction of $521,029.00.
  • On Monday, December 4th, Yongsam Lee sold 18,198 shares of Masimo stock. The stock was sold at an average price of $88.85, for a total transaction of $1,616,892.30.
  • On Thursday, November 9th, Yongsam Lee sold 13,976 shares of Masimo stock. The stock was sold at an average price of $89.43, for a total transaction of $1,249,873.68.
  • On Wednesday, November 1st, Yongsam Lee sold 5,000 shares of Masimo stock. The stock was sold at an average price of $89.89, for a total transaction of $449,450.00.

Shares of Masimo Co. (NASDAQ MASI) opened at $87.70 on Tuesday. The company has a market cap of $4,530.00, a PE ratio of 13.90, a P/E/G ratio of 3.41 and a beta of 0.72. Masimo Co. has a twelve month low of $67.85 and a twelve month high of $104.71.

Masimo (NASDAQ:MASI) last announced its earnings results on Tuesday, October 31st. The medical equipment provider reported $0.70 EPS for the quarter, topping the consensus estimate of $0.53 by $0.17. The business had revenue of $193.69 million during the quarter, compared to the consensus estimate of $189.01 million. Masimo had a net margin of 45.83% and a return on equity of 22.17%. Masimo’s revenue was up 15.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.52 EPS. equities analysts predict that Masimo Co. will post 2.95 earnings per share for the current year.

Several research analysts have recently weighed in on the stock. Zacks Investment Research lowered shares of Masimo from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. BidaskClub lowered shares of Masimo from a “hold” rating to a “sell” rating in a research note on Thursday, December 7th. Finally, Stifel Nicolaus restated a “buy” rating and set a $108.00 price objective on shares of Masimo in a research note on Friday, November 3rd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $97.17.

Several hedge funds have recently made changes to their positions in the stock. Prudential Financial Inc. boosted its holdings in shares of Masimo by 23.9% during the 3rd quarter. Prudential Financial Inc. now owns 685,268 shares of the medical equipment provider’s stock worth $59,317,000 after buying an additional 132,053 shares during the period. Public Employees Retirement System of Ohio boosted its holdings in shares of Masimo by 143.1% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 37,045 shares of the medical equipment provider’s stock worth $3,207,000 after buying an additional 21,807 shares during the period. California Public Employees Retirement System boosted its holdings in shares of Masimo by 7.4% during the 3rd quarter. California Public Employees Retirement System now owns 98,316 shares of the medical equipment provider’s stock worth $8,510,000 after buying an additional 6,816 shares during the period. Janney Montgomery Scott LLC boosted its holdings in shares of Masimo by 6.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 17,275 shares of the medical equipment provider’s stock worth $1,495,000 after buying an additional 980 shares during the period. Finally, Janney Capital Management LLC boosted its holdings in shares of Masimo by 45.2% during the 3rd quarter. Janney Capital Management LLC now owns 4,911 shares of the medical equipment provider’s stock worth $425,000 after buying an additional 1,529 shares during the period. 83.69% of the stock is owned by institutional investors and hedge funds.

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About Masimo

Masimo Corporation is a medical technology company that develops, manufactures and markets a range of non-invasive patient monitoring technologies. The Company’s business is Measure-through Motion and Low Perfusion pulse oximetry monitoring, known as Masimo Signal Extraction Technology (SET) pulse oximetry.

Insider Buying and Selling by Quarter for Masimo (NASDAQ:MASI)

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