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

Hologic, Inc. (NASDAQ:HOLX) CFO Karleen Marie Oberton sold 1,312 shares of Hologic stock in a transaction dated Thursday, November 8th. The shares were sold at an average price of $41.90, for a total value of $54,972.80. Following the transaction, the chief financial officer now directly owns 10,206 shares in the company, valued at approximately $427,631.40. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

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

  • On Tuesday, November 6th, Karleen Marie Oberton sold 546 shares of Hologic stock. The shares were 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, hitting $41.78. The stock had a trading volume of 2,607,170 shares, compared to its average volume of 1,970,584. The stock has a market cap 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 52 week low of $35.10 and a 52 week high of $45.09. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.99 and a current ratio of 1.29.

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

Several equities analysts have weighed in on HOLX shares. BidaskClub raised Hologic from a “hold” rating to a “buy” rating in a research note on Wednesday, August 1st. Needham & Company LLC lifted their target price on Hologic from $43.00 to $48.00 and gave the company a “buy” rating in a research note on Wednesday, August 1st. Deutsche Bank lifted their target price on Hologic from $42.00 to $45.00 and gave the company a “hold” rating in a research note on Wednesday, August 1st. Jefferies Financial Group reaffirmed a “buy” rating and set a $50.00 target price on shares of Hologic in a research note on Wednesday, August 1st. Finally, Bank of America lifted their target price on Hologic from $44.00 to $47.00 and gave the company a “buy” rating in a research note on Wednesday, August 1st. One analyst has rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $44.41.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. BlackRock Inc. grew its stake in shares of Hologic by 0.9% in the 3rd quarter. BlackRock Inc. now owns 18,773,720 shares of the medical equipment provider’s stock valued at $769,349,000 after buying an additional 164,937 shares in the last quarter. Parnassus Investments CA grew its stake in shares of Hologic by 3.4% in the 2nd quarter. Parnassus Investments CA now owns 16,241,334 shares of the medical equipment provider’s stock valued at $645,593,000 after buying an additional 535,745 shares in the last quarter. Victory Capital Management Inc. grew its stake in shares of Hologic by 5.1% in the 2nd quarter. Victory Capital Management Inc. now owns 5,813,464 shares of the medical equipment provider’s stock valued at $231,085,000 after buying an additional 282,510 shares in the last quarter. FMR LLC grew its stake in shares of Hologic by 6.4% in the 3rd quarter. FMR LLC now owns 2,438,184 shares of the medical equipment provider’s stock valued at $99,916,000 after buying an additional 146,726 shares in the last quarter. Finally, Partner Fund Management L.P. grew its stake in shares of Hologic by 20.3% in the 2nd quarter. Partner Fund Management L.P. now owns 1,892,703 shares of the medical equipment provider’s stock valued at $75,235,000 after buying an additional 319,846 shares in the last quarter. 98.74% of the stock is owned by institutional investors and hedge funds.

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About Hologic

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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