Hologic, Inc. (HOLX) Director Sells $386,009.60 in Stock

Hologic, Inc. (NASDAQ:HOLX) Director Elaine Ullian sold 9,104 shares of the stock in a transaction dated Monday, April 3rd. The stock was sold at an average price of $42.40, for a total transaction of $386,009.60. Following the transaction, the director now owns 23,810 shares in the company, valued at $1,009,544. The sale was disclosed in a filing with the SEC, which is available through this link.

Elaine Ullian also recently made the following trade(s):

  • On Friday, February 3rd, Elaine Ullian sold 9,423 shares of Hologic stock. The stock was sold at an average price of $39.54, for a total transaction of $372,585.42.

Shares of Hologic, Inc. (NASDAQ:HOLX) traded down 0.28% during trading on Friday, hitting $43.14. 1,035,738 shares of the company traded hands. The stock has a market capitalization of $12.05 billion, a PE ratio of 36.87 and a beta of 1.10. The company has a 50-day moving average of $42.33 and a 200-day moving average of $39.95. Hologic, Inc. has a 52-week low of $32.64 and a 52-week high of $43.30.

Hologic (NASDAQ:HOLX) last announced its earnings results on Wednesday, February 1st. The medical equipment provider reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.01. The firm had revenue of $734.40 million for the quarter, compared to the consensus estimate of $725.01 million. Hologic had a return on equity of 27.17% and a net margin of 11.57%. The firm’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.46 EPS. Equities analysts expect that Hologic, Inc. will post $1.98 EPS for the current year.

Insider Buying and Selling by Quarter for Hologic (NASDAQ:HOLX)

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A number of hedge funds have recently made changes to their positions in the stock. Global X Management Co. LLC increased its stake in shares of Hologic by 149.9% in the third quarter. Global X Management Co. LLC now owns 3,871 shares of the medical equipment provider’s stock valued at $150,000 after buying an additional 2,322 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in Hologic by 159.1% in the third quarter. Tower Research Capital LLC TRC now owns 4,465 shares of the medical equipment provider’s stock worth $173,000 after buying an additional 2,742 shares in the last quarter. Cornercap Investment Counsel Inc. purchased a new stake in Hologic during the fourth quarter worth approximately $202,000. Commerzbank Aktiengesellschaft FI purchased a new stake in Hologic during the fourth quarter worth approximately $207,000. Finally, Boston Advisors LLC purchased a new stake in Hologic during the third quarter worth approximately $202,000. 94.09% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts have recently weighed in on HOLX shares. Piper Jaffray Companies upgraded shares of Hologic from a “neutral” rating to an “overweight” rating and raised their price target for the company from $44.00 to $48.00 in a report on Wednesday, January 4th. Zacks Investment Research upgraded shares of Hologic from a “sell” rating to a “hold” rating in a report on Friday, February 24th. Evercore ISI cut shares of Hologic from a “buy” rating to a “hold” rating and set a $42.00 price target on the stock. in a report on Wednesday, January 4th. BTIG Research restated a “buy” rating and issued a $47.00 price target on shares of Hologic in a report on Sunday, February 5th. Finally, Bank of America Corp cut shares of Hologic from a “buy” rating to a “neutral” rating in a report on Wednesday, February 15th. Four research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $46.92.

Hologic Company Profile

Hologic, Inc is a developer, manufacturer and supplier of diagnostics products, medical imaging systems and surgical products with an emphasis on women’s health. The Company operates through four segments: Diagnostics, Breast Health, GYN Surgical and Skeletal Health. The diagnostics products include Aptima family of assays, ThinPrep system, the Rapid Fetal Fibronectin Test and Procleix blood screening assays.

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