StockNews.com Downgrades LeMaitre Vascular (NASDAQ:LMAT) to Hold - MarketBeat

2022-10-02 07:22:55 By : Mr. Kent Wong

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LeMaitre Vascular (NASDAQ:LMAT - Get Rating) was downgraded by investment analysts at StockNews.com from a "buy" rating to a "hold" rating in a report issued on Tuesday.LeMaitre Vascular Trading Up 0.1 %

LMAT stock traded up $0.06 during mid-day trading on Tuesday, reaching $49.17. The company's stock had a trading volume of 87,036 shares, compared to its average volume of 108,714. The company has a market cap of $1.08 billion, a price-to-earnings ratio of 48.68, a price-to-earnings-growth ratio of 4.22 and a beta of 1.19. The business's 50 day moving average price is $50.73 and its 200 day moving average price is $46.98. LeMaitre Vascular has a 12 month low of $38.32 and a 12 month high of $56.47. Insider Buying and Selling at LeMaitre Vascular

In other LeMaitre Vascular news, CEO George W. Lemaitre sold 6,890 shares of the firm's stock in a transaction that occurred on Wednesday, August 17th. The stock was sold at an average price of $52.67, for a total value of $362,896.30. Following the completion of the sale, the chief executive officer now owns 2,480,908 shares of the company's stock, valued at $130,669,424.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CEO George W. Lemaitre sold 17,702 shares of LeMaitre Vascular stock in a transaction that occurred on Monday, August 15th. The stock was sold at an average price of $55.89, for a total transaction of $989,364.78. Following the transaction, the chief executive officer now owns 2,507,476 shares of the company's stock, valued at $140,142,833.64. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO George W. Lemaitre sold 6,890 shares of LeMaitre Vascular stock in a transaction that occurred on Wednesday, August 17th. The shares were sold at an average price of $52.67, for a total value of $362,896.30. Following the transaction, the chief executive officer now directly owns 2,480,908 shares in the company, valued at approximately $130,669,424.36. The disclosure for this sale can be found here. Over the last quarter, insiders sold 64,633 shares of company stock valued at $3,534,996. Company insiders own 12.50% of the company's stock. Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Everence Capital Management Inc. purchased a new position in LeMaitre Vascular in the first quarter worth $257,000. Personal CFO Solutions LLC boosted its position in LeMaitre Vascular by 4.4% in the first quarter. Personal CFO Solutions LLC now owns 6,485 shares of the medical instruments supplier's stock worth $301,000 after purchasing an additional 275 shares during the last quarter. Rice Hall James & Associates LLC boosted its position in LeMaitre Vascular by 2.7% in the first quarter. Rice Hall James & Associates LLC now owns 261,873 shares of the medical instruments supplier's stock worth $12,169,000 after purchasing an additional 6,781 shares during the last quarter. Grandeur Peak Global Advisors LLC boosted its position in LeMaitre Vascular by 0.9% in the fourth quarter. Grandeur Peak Global Advisors LLC now owns 314,076 shares of the medical instruments supplier's stock worth $15,776,000 after purchasing an additional 2,931 shares during the last quarter. Finally, Legacy Wealth Asset Management LLC boosted its position in LeMaitre Vascular by 4.6% in the second quarter. Legacy Wealth Asset Management LLC now owns 18,388 shares of the medical instruments supplier's stock worth $838,000 after purchasing an additional 811 shares during the last quarter. Hedge funds and other 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.Further ReadingGet a free copy of the StockNews.com research report on LeMaitre Vascular (LMAT)Build A Better Tech Portfolio With Jabil Inc.Is There Value In These Growth Stocks?Autodesk Is A Mature Company Still Acting Like A Growth StockMarketBeat Podcast, 3 Stocks to Watch Newmont Mining, Walmart, AMCIs the Market Overreacting with Shopify Stock?

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