Hologic, Inc. (HOLX) CFO Karleen Marie Oberton Sells 1,312 Shares

Hologic, Inc. (NASDAQ:HOLX) CFO Karleen Marie Oberton sold 1,312 shares of the company’s stock in a transaction that occurred on Thursday, November 8th. The stock was sold at an average price of $41.90, for a total value of $54,972.80. Following the transaction, the chief financial officer now owns 10,206 shares of the company’s stock, valued at $427,631.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Karleen Marie Oberton also recently made the following trade(s):

  • On Tuesday, November 6th, Karleen Marie Oberton sold 546 shares of Hologic stock. The stock was sold at an average price of $39.96, for a total value of $21,818.16.

Shares of NASDAQ HOLX traded down $0.68 during trading hours on Friday, reaching $41.78. The stock had a trading volume of 2,607,170 shares, compared to its average volume of 1,970,584. The company has a current ratio of 1.29, a quick ratio of 0.99 and a debt-to-equity ratio of 1.12. The firm has a market capitalization of $11.23 billion, a price-to-earnings ratio of 18.74, a PEG ratio of 1.88 and a beta of 0.65. Hologic, Inc. has a twelve month low of $35.10 and a twelve month high of $45.09.

Hologic (NASDAQ:HOLX) last issued its earnings results on Wednesday, November 7th. The medical equipment provider reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.01). The firm had revenue of $813.50 million during the quarter, compared to analyst estimates of $808.63 million. Hologic had a negative net margin of 3.46% and a positive return on equity of 22.93%. The business’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.50 earnings per share. On average, research analysts anticipate that Hologic, Inc. will post 2.4 earnings per share for the current fiscal year.

A number of research analysts have recently commented on the company. Needham & Company LLC upped their price target on Hologic from $43.00 to $48.00 and gave the stock a “buy” rating in a report on Wednesday, August 1st. BidaskClub upgraded Hologic from a “hold” rating to a “buy” rating in a report on Wednesday, August 1st. Deutsche Bank upped their price target on Hologic from $42.00 to $45.00 and gave the stock a “hold” rating in a report on Wednesday, August 1st. Canaccord Genuity reiterated a “hold” rating and set a $43.00 price target on shares of Hologic in a report on Thursday. Finally, Zacks Investment Research upgraded Hologic from a “sell” rating to a “hold” rating in a report on Thursday, August 2nd. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $44.41.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Piedmont Investment Advisors LLC acquired a new position in shares of Hologic in the second quarter valued at $127,000. Bessemer Group Inc. raised its stake in shares of Hologic by 122.4% in the third quarter. Bessemer Group Inc. now owns 3,534 shares of the medical equipment provider’s stock valued at $145,000 after purchasing an additional 1,945 shares in the last quarter. Amussen Hunsaker Associates LLC acquired a new position in shares of Hologic in the second quarter valued at $159,000. Stratos Wealth Partners LTD. acquired a new position in shares of Hologic in the third quarter valued at $185,000. Finally, Lincoln Capital Corp acquired a new position in shares of Hologic in the third quarter valued at $201,000. Institutional investors and hedge funds own 98.74% of the company’s stock.

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Hologic Company Profile

Hologic, Inc develops, manufactures, and supplies diagnostics products, medical imaging systems, and surgical products for women in the United States, Europe, the Asia-Pacific, and internationally. The company operates through five segments: Diagnostics, Breast Health, Medical Aesthetics, GYN Surgical, and Skeletal Health.

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

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