LeMaitre Vascular (NASDAQ:LMAT) Rating Lowered to Hold at StockNews.com - MarketBeat

2022-09-11 03:29:50 By : Ms. Vicky Fang

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LeMaitre Vascular (NASDAQ:LMAT - Get Rating) was downgraded by research analysts at StockNews.com from a "buy" rating to a "hold" rating in a research note issued to investors on Friday.LeMaitre Vascular Stock Up 1.0 %

NASDAQ:LMAT opened at $50.74 on Friday. The stock has a market cap of $1.11 billion, a P/E ratio of 50.24, a price-to-earnings-growth ratio of 4.21 and a beta of 1.19. The firm's fifty day simple moving average is $49.83 and its 200 day simple moving average is $46.63. LeMaitre Vascular has a twelve month low of $38.32 and a twelve month high of $60.21. Insider Activity at LeMaitre Vascular

In other news, CFO Joseph P. Pellegrino, Jr. sold 18,693 shares of the business's stock in a transaction on Tuesday, August 9th. The shares were sold at an average price of $53.99, for a total transaction of $1,009,235.07. Following the sale, the chief financial officer now owns 6,108 shares in the company, valued at approximately $329,770.92. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In other news, CFO Joseph P. Pellegrino, Jr. sold 18,693 shares of the business's stock in a transaction on Tuesday, August 9th. The shares were sold at an average price of $53.99, for a total transaction of $1,009,235.07. Following the sale, the chief financial officer now owns 6,108 shares in the company, valued at approximately $329,770.92. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO George W. Lemaitre sold 17,702 shares of the business's stock in a transaction on Monday, August 15th. The shares were sold at an average price of $55.89, for a total transaction of $989,364.78. Following the sale, the chief executive officer now owns 2,507,476 shares in the company, valued at approximately $140,142,833.64. The disclosure for this sale can be found here. Insiders have sold a total of 64,633 shares of company stock worth $3,534,996 over the last quarter. Corporate insiders own 12.50% of the company's stock. Hedge Funds Weigh In On LeMaitre Vascular

Hedge funds have recently bought and sold shares of the company. Captrust Financial Advisors boosted its stake in LeMaitre Vascular by 555.3% in the 1st quarter. Captrust Financial Advisors now owns 616 shares of the medical instruments supplier's stock worth $29,000 after purchasing an additional 522 shares in the last quarter. FinTrust Capital Advisors LLC bought a new position in LeMaitre Vascular in the 2nd quarter worth about $76,000. Hardy Reed LLC bought a new position in LeMaitre Vascular in the 1st quarter worth about $91,000. Lazard Asset Management LLC boosted its stake in LeMaitre Vascular by 48.8% in the 2nd quarter. Lazard Asset Management LLC now owns 2,563 shares of the medical instruments supplier's stock worth $116,000 after purchasing an additional 841 shares in the last quarter. Finally, First Horizon Advisors Inc. boosted its stake in LeMaitre Vascular by 2,150.4% in the 2nd quarter. First Horizon Advisors Inc. now owns 2,678 shares of the medical instruments supplier's stock worth $122,000 after purchasing an additional 2,559 shares in the last quarter. Institutional investors own 88.45% of the company's stock. LeMaitre Vascular Company Profile (Get Rating)

LeMaitre Vascular, Inc designs, markets, sells, services, and supports medical devices and implants for the treatment of peripheral vascular disease worldwide. It offers angioscope, a fiberoptic catheter used for viewing the lumen of a blood vessel; embolectomy catheters to remove blood clots from arteries or veins; occlusion catheters that temporarily occlude the blood flow; perfusion catheters to perfuse the blood and other fluids into the vasculature; and thrombectomy catheters, which features a silicone balloon for removing thrombi in the venous system.Featured ArticlesGet a free copy of the StockNews.com research report on LeMaitre Vascular (LMAT)Oil and Gas Stocks: A Safe Way to Invest in Renewable EnergyAre These Green Energy Companies Right For Your Portfolio?When Will the Hangover Finally Be Over for Seagate Technology?Does Enphase Energy Have the Juice to Keep Powering Higher? The One Hydrogen Fuel Cell Stock To Rule Them All 

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