Analogic Corp. (ALOG) Insider James Patrick Ryan Sells 135 Shares
Analogic Corp. (NASDAQ:ALOG) insider James Patrick Ryan sold 135 shares of Analogic Corp. stock in a transaction that occurred on Monday, October 3rd. The shares were sold at an average price of $88.56, for a total value of $11,955.60. Following the sale, the insider now directly owns 1,665 shares in the company, valued at $147,452.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
James Patrick Ryan also recently made the following trade(s):
- On Thursday, September 15th, James Patrick Ryan sold 546 shares of Analogic Corp. stock. The shares were sold at an average price of $88.19, for a total value of $48,151.74.
- On Monday, August 15th, James Patrick Ryan sold 545 shares of Analogic Corp. stock. The stock was sold at an average price of $86.51, for a total value of $47,147.95.
- On Friday, July 15th, James Patrick Ryan sold 500 shares of Analogic Corp. stock. The stock was sold at an average price of $82.96, for a total value of $41,480.00.
Analogic Corp. (NASDAQ:ALOG) opened at 87.71 on Monday. Analogic Corp. has a 52-week low of $68.71 and a 52-week high of $94.39. The company has a market cap of $1.09 billion, a PE ratio of 91.36 and a beta of 0.92. The company has a 50-day moving average of $89.55 and a 200 day moving average of $83.51.
Analogic Corp. (NASDAQ:ALOG) last released its quarterly earnings results on Wednesday, September 21st. The company reported $1.02 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.17 by $0.15. The company earned $138.10 million during the quarter, compared to the consensus estimate of $139.03 million. Analogic Corp. had a net margin of 2.38% and a return on equity of 7.33%. The firm’s revenue was down 10.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.28 earnings per share. Equities research analysts predict that Analogic Corp. will post $4.04 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 12th. Shareholders of record on Thursday, September 1st will be issued a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, September 28th. This represents a $0.40 annualized dividend and a yield of 0.46%. Analogic Corp.’s dividend payout ratio is currently 41.24%.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ALOG. Tower Research Capital LLC TRC boosted its position in Analogic Corp. by 976.0% in the second quarter. Tower Research Capital LLC TRC now owns 1,302 shares of the company’s stock valued at $103,000 after buying an additional 1,181 shares in the last quarter. PineBridge Investments L.P. boosted its position in shares of Analogic Corp. by 3.5% in the second quarter. PineBridge Investments L.P. now owns 1,570 shares of the company’s stock valued at $125,000 after buying an additional 53 shares in the last quarter. Mason Street Advisors LLC acquired a new position in shares of Analogic Corp. during the second quarter valued at approximately $192,000. Profund Advisors LLC boosted its position in shares of Analogic Corp. by 2.5% in the second quarter. Profund Advisors LLC now owns 2,748 shares of the company’s stock valued at $218,000 after buying an additional 68 shares in the last quarter. Finally, AHL Partners LLP acquired a new position in shares of Analogic Corp. during the second quarter valued at approximately $226,000. 99.81% of the stock is currently owned by hedge funds and other institutional investors.
Several research analysts have recently commented on the company. Zacks Investment Research raised Analogic Corp. from a “sell” rating to a “hold” rating in a report on Tuesday, August 2nd. Brean Capital reissued a “buy” rating and issued a $100.00 target price (up from $90.00) on shares of Analogic Corp. in a report on Thursday, September 22nd.
Analogic Corp. Company Profile
Analogic Corporation designs, manufactures and commercializes guidance, diagnostic imaging and threat detection technologies to advance the practice of medicine and save lives. The Company operates through three business segments: Medical Imaging, Ultrasound, and Security and Detection. The Company’s Medical Imaging segment provides medical imaging systems and subsystems for computed tomography (CT), magnetic resonance imaging (MRI) and high-resolution digital mammography.
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