Masimo Co. (NASDAQ:MASI) EVP Yongsam Lee sold 2,371 shares of Masimo stock in a transaction that occurred on Monday, June 24th. The shares were sold at an average price of $145.90, for a total value of $345,928.90. Following the sale, the executive vice president now directly owns 74,301 shares in the company, valued at approximately $10,840,515.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Yongsam Lee also recently made the following trade(s):
- On Friday, July 12th, Yongsam Lee sold 5,989 shares of Masimo stock. The shares were sold at an average price of $151.83, for a total value of $909,309.87.
- On Monday, July 15th, Yongsam Lee sold 12,500 shares of Masimo stock. The shares were sold at an average price of $151.82, for a total value of $1,897,750.00.
- On Thursday, June 27th, Yongsam Lee sold 258 shares of Masimo stock. The shares were sold at an average price of $145.00, for a total value of $37,410.00.
- On Tuesday, June 18th, Yongsam Lee sold 2,728 shares of Masimo stock. The stock was sold at an average price of $145.98, for a total value of $398,233.44.
- On Thursday, June 20th, Yongsam Lee sold 9,035 shares of Masimo stock. The stock was sold at an average price of $146.60, for a total transaction of $1,324,531.00.
Shares of Masimo stock traded up $1.40 on Thursday, reaching $154.18. The stock had a trading volume of 162,288 shares, compared to its average volume of 431,307. Masimo Co. has a 1 year low of $96.14 and a 1 year high of $155.13. The stock has a market capitalization of $8.15 billion, a P/E ratio of 50.88, a P/E/G ratio of 3.04 and a beta of 1.14. The stock’s 50 day moving average price is $144.26.
Institutional investors and hedge funds have recently bought and sold shares of the company. Claybrook Capital LLC purchased a new position in shares of Masimo in the 4th quarter worth about $25,000. West Oak Capital LLC bought a new stake in Masimo in the 1st quarter worth about $28,000. FinTrust Capital Advisors LLC bought a new stake in Masimo in the 1st quarter worth about $61,000. Valeo Financial Advisors LLC bought a new stake in Masimo in the 1st quarter worth about $69,000. Finally, NEXT Financial Group Inc increased its holdings in Masimo by 172.0% in the 2nd quarter. NEXT Financial Group Inc now owns 544 shares of the medical equipment provider’s stock worth $81,000 after buying an additional 344 shares in the last quarter. 83.02% of the stock is owned by hedge funds and other institutional investors.
Several research firms have recently issued reports on MASI. Needham & Company LLC restated a “hold” rating on shares of KLA-Tencor in a report on Tuesday, May 7th. BidaskClub upgraded shares of Winmark from a “sell” rating to a “hold” rating in a research note on Tuesday, May 14th. UBS Group restated a “buy” rating and set a $25.00 price target on shares of Infineon Technologies in a research note on Tuesday, May 7th. Stifel Nicolaus upped their target price on shares of Masimo from $150.00 to $160.00 and gave the stock a “buy” rating in a research note on Friday, May 17th. Finally, Zacks Investment Research lowered shares of Haynes International from a “hold” rating to a “sell” rating in a research note on Wednesday, May 8th. One research analyst has rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $154.25.
Masimo Corporation, a medical technology company, develops, manufactures, and markets noninvasive monitoring technologies worldwide. The company offers Masimo Signal Extraction Technology (SET) pulse oximetry with measure-through motion and low perfusion pulse oximetry monitoring to address the primary limitations of conventional pulse oximetry.
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