Omnicell, Inc. (OMCL) VP Sells $908,296.74 in Stock
Omnicell, Inc. (NASDAQ:OMCL) VP Peter J. Kuipers sold 18,054 shares of the company’s stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $50.31, for a total transaction of $908,296.74. Following the completion of the sale, the vice president now directly owns 44,236 shares of the company’s stock, valued at approximately $2,225,513.16. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
Omnicell, Inc. (NASDAQ:OMCL) traded down 1.38% during midday trading on Wednesday, reaching $50.15. 309,193 shares of the company were exchanged. The firm has a 50-day moving average price of $44.33 and a 200-day moving average price of $40.56. Omnicell, Inc. has a 52 week low of $30.35 and a 52 week high of $51.25. The company’s market capitalization is $1.87 billion.
Omnicell (NASDAQ:OMCL) last announced its earnings results on Thursday, July 27th. The company reported $0.02 EPS for the quarter, meeting analysts’ consensus estimates of $0.02. The business had revenue of $180.90 million for the quarter, compared to analysts’ expectations of $174.08 million. Omnicell had a negative net margin of 1.14% and a positive return on equity of 0.41%. The company’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.38 EPS. Equities research analysts anticipate that Omnicell, Inc. will post $1.31 earnings per share for the current fiscal year.
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Several brokerages have recently weighed in on OMCL. Zacks Investment Research raised shares of Omnicell from a “sell” rating to a “hold” rating in a research report on Tuesday, July 4th. CIBC upped their price target on shares of Omnicell from $43.00 to $53.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 26th. BidaskClub cut shares of Omnicell from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 31st. TheStreet cut shares of Omnicell from a “b-” rating to a “c+” rating in a research report on Thursday, May 4th. Finally, Piper Jaffray Companies cut shares of Omnicell from an “overweight” rating to a “neutral” rating and set a $40.00 price target for the company. in a research report on Friday, April 21st. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $49.00.
Several institutional investors have recently made changes to their positions in the stock. Ameritas Investment Partners Inc. acquired a new position in shares of Omnicell during the first quarter worth approximately $125,000. LS Investment Advisors LLC boosted its position in shares of Omnicell by 136.3% in the first quarter. LS Investment Advisors LLC now owns 3,571 shares of the company’s stock worth $145,000 after buying an additional 2,060 shares during the last quarter. State of Alaska Department of Revenue boosted its position in shares of Omnicell by 3.0% in the first quarter. State of Alaska Department of Revenue now owns 4,080 shares of the company’s stock worth $165,000 after buying an additional 120 shares during the last quarter. Oppenheimer Asset Management Inc. acquired a new position in shares of Omnicell during the first quarter worth approximately $170,000. Finally, Turner Investments LLC acquired a new position in shares of Omnicell during the second quarter worth approximately $181,000. 96.35% of the stock is currently owned by institutional investors and hedge funds.
Omnicell, Inc provides automation and business analytics software solutions for patient-centric medication and supply management across the entire healthcare continuum, from the acute care hospital setting to post-acute skilled nursing and long-term care facilities to the home. It operates through two segments: Automation and Analytics, and Medication Adherence.
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