Heartflow, Inc. (NASDAQ:HTFL - Get Free Report) insider Campbell Rogers sold 64,533 shares of the firm's stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $25.69, for a total value of $1,657,852.77. Following the sale, the insider owned 78,518 shares of the company's stock, valued at $2,017,127.42. This represents a 45.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Campbell Rogers also recently made the following trade(s):
- On Thursday, February 12th, Campbell Rogers sold 65,153 shares of Heartflow stock. The stock was sold at an average price of $24.49, for a total value of $1,595,596.97.
Heartflow Stock Performance
Shares of HTFL opened at $26.82 on Tuesday. Heartflow, Inc. has a one year low of $20.13 and a one year high of $41.22. The stock has a 50-day moving average price of $26.76 and a 200 day moving average price of $30.35. The company has a market capitalization of $2.30 billion and a P/E ratio of -14.82.
Institutional Investors Weigh In On Heartflow
Several institutional investors and hedge funds have recently made changes to their positions in the company. Wellington Management Group LLP lifted its stake in Heartflow by 20.8% during the fourth quarter. Wellington Management Group LLP now owns 5,894,070 shares of the company's stock worth $171,812,000 after purchasing an additional 1,014,006 shares during the last quarter. Baillie Gifford & Co. bought a new stake in Heartflow during the third quarter valued at $101,182,000. Bamco Inc. NY raised its holdings in shares of Heartflow by 86.2% during the fourth quarter. Bamco Inc. NY now owns 2,303,877 shares of the company's stock worth $67,158,000 after purchasing an additional 1,066,371 shares during the period. Schusterman Interests LLC bought a new position in shares of Heartflow in the 3rd quarter worth about $65,274,000. Finally, Capricorn Investment Group LLC acquired a new position in shares of Heartflow in the 4th quarter valued at about $48,178,000.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on HTFL shares. Wells Fargo & Company decreased their price target on shares of Heartflow from $38.00 to $35.00 and set an "overweight" rating for the company in a research report on Thursday, March 19th. Weiss Ratings reiterated a "sell (d)" rating on shares of Heartflow in a research note on Monday, December 29th. JPMorgan Chase & Co. decreased their price objective on shares of Heartflow from $40.00 to $35.00 and set an "overweight" rating for the company in a report on Thursday, March 19th. Finally, Canaccord Genuity Group boosted their target price on shares of Heartflow from $40.00 to $43.00 and gave the stock a "buy" rating in a research report on Thursday, March 19th. Five equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Heartflow currently has an average rating of "Moderate Buy" and an average target price of $37.67.
View Our Latest Stock Report on HTFL
About Heartflow
(
Get Free Report)
HeartFlow, Inc (NASDAQ: HTFL) is a medical technology company that develops non-invasive diagnostic solutions for coronary artery disease. The company's core offering translates coronary CT angiography (CTA) data into a patient-specific, three-dimensional physiological model of the coronary arteries. Using advanced image processing and computational modeling, HeartFlow's analysis estimates fractional flow reserve (FFR) values throughout the coronary tree to identify ischemia-producing lesions without the need for invasive pressure-wire measurements.
HeartFlow's cloud-based service integrates with clinical workflows: clinicians submit coronary CTA images and receive a detailed, color-coded 3D map and report that highlights lesion-specific FFR values and physiological impact.
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