Integer (NYSE:ITGR) Stock Crosses Above 200-Day Moving Average – Time to Sell?

Integer Holdings Corporation (NYSE:ITGR)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $83.06 and traded as high as $91.58. Integer shares last traded at $90.9310, with a volume of 564,594 shares traded.

Analyst Upgrades and Downgrades

ITGR has been the topic of several research reports. Zacks Research downgraded shares of Integer from a “hold” rating to a “strong sell” rating in a research report on Monday, May 11th. Truist Financial raised their price objective on shares of Integer from $95.00 to $97.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Piper Sandler restated an “overweight” rating and set a $97.00 target price (up from $87.00) on shares of Integer in a research report on Friday, May 1st. Wells Fargo & Company lifted their target price on shares of Integer from $72.00 to $84.00 and gave the stock an “equal weight” rating in a research report on Friday, February 20th. Finally, Citigroup lifted their price target on shares of Integer from $89.00 to $92.00 and gave the stock a “neutral” rating in a report on Thursday, May 28th. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Integer currently has a consensus rating of “Hold” and a consensus target price of $98.71.

Integer Trading Down 0.7%

The company has a quick ratio of 2.38, a current ratio of 3.75 and a debt-to-equity ratio of 0.77. The firm’s 50 day simple moving average is $87.88 and its 200-day simple moving average is $83.29. The company has a market capitalization of $3.13 billion, a PE ratio of 22.97, a P/E/G ratio of 2.21 and a beta of 0.66.

Integer (NYSE:ITGR) last released its quarterly earnings data on Thursday, April 30th. The medical equipment provider reported $1.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.21 by ($0.01). Integer had a return on equity of 12.83% and a net margin of 7.64%.The business had revenue of $439.58 million for the quarter, compared to analysts’ expectations of $426.48 million. During the same quarter in the prior year, the firm earned $1.31 earnings per share. Integer’s quarterly revenue was up .5% compared to the same quarter last year. Integer has set its FY 2026 guidance at 5.830-6.400 EPS. As a group, equities research analysts anticipate that Integer Holdings Corporation will post 6.04 EPS for the current year.

Insiders Place Their Bets

In other Integer news, VP Tommy P. Thomas sold 825 shares of the business’s stock in a transaction on Friday, March 13th. The shares were sold at an average price of $85.00, for a total transaction of $70,125.00. Following the completion of the sale, the vice president owned 4,381 shares in the company, valued at $372,385. The trade was a 15.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.10% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Integer

Institutional investors and hedge funds have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Integer by 4.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,515 shares of the medical equipment provider’s stock valued at $2,539,000 after purchasing an additional 837 shares in the last quarter. Millennium Management LLC raised its position in Integer by 2,408.8% during the first quarter. Millennium Management LLC now owns 123,132 shares of the medical equipment provider’s stock valued at $14,531,000 after acquiring an additional 118,224 shares in the last quarter. Jones Financial Companies Lllp raised its position in Integer by 79,888.9% during the first quarter. Jones Financial Companies Lllp now owns 7,199 shares of the medical equipment provider’s stock valued at $850,000 after acquiring an additional 7,190 shares in the last quarter. United Services Automobile Association bought a new position in Integer during the first quarter valued at approximately $258,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Integer by 4.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 109,316 shares of the medical equipment provider’s stock valued at $12,900,000 after acquiring an additional 4,873 shares in the last quarter. Institutional investors own 99.29% of the company’s stock.

Integer Company 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.