F m Investments LLC lifted its position in Integer Holdings Corporation (NYSE:ITGR – Free Report) by 26.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 64,070 shares of the medical equipment provider’s stock after acquiring an additional 13,340 shares during the period. F m Investments LLC’s holdings in Integer were worth $5,025,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently made changes to their positions in the company. Salomon & Ludwin LLC increased its position in shares of Integer by 46.8% in the 4th quarter. Salomon & Ludwin LLC now owns 370 shares of the medical equipment provider’s stock valued at $29,000 after acquiring an additional 118 shares during the period. Global Retirement Partners LLC increased its position in shares of Integer by 293.8% in the 3rd quarter. Global Retirement Partners LLC now owns 319 shares of the medical equipment provider’s stock valued at $33,000 after acquiring an additional 238 shares during the period. Farther Finance Advisors LLC increased its position in shares of Integer by 193.2% in the 4th quarter. Farther Finance Advisors LLC now owns 519 shares of the medical equipment provider’s stock valued at $41,000 after acquiring an additional 342 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of Integer by 210.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 534 shares of the medical equipment provider’s stock valued at $66,000 after acquiring an additional 362 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in Integer by 861.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 692 shares of the medical equipment provider’s stock valued at $85,000 after purchasing an additional 620 shares during the last quarter. 99.29% of the stock is owned by institutional investors and hedge funds.
Integer Price Performance
NYSE:ITGR opened at $88.15 on Friday. Integer Holdings Corporation has a one year low of $62.00 and a one year high of $123.78. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.38 and a current ratio of 3.75. The firm has a market cap of $2.99 billion, a price-to-earnings ratio of 21.98, a PEG ratio of 1.53 and a beta of 0.67. The firm’s fifty day moving average is $86.12 and its two-hundred day moving average is $81.10.
Insider Activity
In other news, VP Tommy P. Thomas sold 825 shares of the stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $85.00, for a total transaction of $70,125.00. Following the sale, the vice president directly owned 4,381 shares of the company’s stock, valued at $372,385. This represents a 15.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.10% of the stock is currently owned by insiders.
Analysts Set New Price Targets
ITGR has been the topic of several recent research reports. Citigroup lowered their price target on shares of Integer from $92.00 to $89.00 and set a “neutral” rating on the stock in a report on Friday, May 1st. Wall Street Zen lowered shares of Integer from a “buy” rating to a “hold” rating in a report on Sunday, January 25th. Piper Sandler reaffirmed an “overweight” rating and issued a $97.00 price target (up from $87.00) on shares of Integer in a report on Friday, May 1st. Truist Financial upped their price target on shares of Integer from $95.00 to $97.00 and gave the company a “buy” rating in a report on Friday, February 20th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $101.00 price target on shares of Integer in a report on Monday, February 23rd. Four equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Integer currently has a consensus rating of “Hold” and an average price target of $98.29.
View Our Latest Stock Analysis on Integer
Integer Profile
Integer Holdings Corporation (NYSE: ITGR) is a global provider of outsourced medical device design, development and manufacturing solutions. The company partners with leading medical technology firms to deliver complex components, subsystems and finished devices across a range of therapeutic areas. Its services encompass concept and product design, precision machining, microelectronic assembly, terminal sterilization and regulatory support, enabling customers to accelerate time to market and optimize product performance.
Integer’s product portfolio is organized into two core segments: Advanced Delivery and MedTech.
Recommended Stories
- Five stocks we like better than Integer
- Buffett Spent 60 Years Ignoring Tech and the Bill Is Coming Due
- Excited About Gold But Unsure of Its Trajectory? Try These 3 Approaches
- Dollar at a 3-Year Low: 3 Exporters Quietly Printing Money
- Water Infrastructure: Why This Boring Sector Could Get Exciting
Want to see what other hedge funds are holding ITGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Integer Holdings Corporation (NYSE:ITGR – Free Report).
Receive News & Ratings for Integer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Integer and related companies with MarketBeat.com's FREE daily email newsletter.
