Shares of LivaNova PLC (NASDAQ:LIVN) have been given a consensus recommendation of “Hold” by the eight analysts that are currently covering the firm. Six analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $69.00.

A number of brokerages recently weighed in on LIVN. Piper Jaffray Cos. reissued an “overweight” rating and issued a $70.00 price objective (up from $59.00) on shares of LivaNova PLC in a research note on Friday, August 5th. WBB Securities reaffirmed a “hold” rating and issued a $60.00 price target on shares of LivaNova PLC in a research report on Wednesday, August 31st.

In other news, major shareholder Two S.C.A. Equinox sold 75,213 shares of LivaNova PLC stock in a transaction that occurred on Friday, September 16th. The stock was sold at an average price of $59.86, for a total transaction of $4,502,250.18. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Jacques Gutedel sold 4,000 shares of LivaNova PLC stock in a transaction that occurred on Tuesday, August 9th. The stock was sold at an average price of $60.52, for a total value of $242,080.00. Following the sale, the insider now directly owns 10,948 shares in the company, valued at approximately $662,572.96. The disclosure for this sale can be found here. 0.70% of the stock is owned by company insiders.

Several hedge funds have recently made changes to their positions in LIVN. Creative Planning raised its stake in shares of LivaNova PLC by 4.3% in the third quarter. Creative Planning now owns 2,085 shares of the company’s stock valued at $125,000 after buying an additional 85 shares during the last quarter. LS Investment Advisors LLC raised its stake in shares of LivaNova PLC by 70.7% in the second quarter. LS Investment Advisors LLC now owns 2,840 shares of the company’s stock valued at $143,000 after buying an additional 1,176 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in shares of LivaNova PLC by 1.9% in the second quarter. PNC Financial Services Group Inc. now owns 2,916 shares of the company’s stock valued at $147,000 after buying an additional 54 shares during the last quarter. Advisory Services Network LLC raised its stake in shares of LivaNova PLC by 7.8% in the second quarter. Advisory Services Network LLC now owns 3,508 shares of the company’s stock valued at $176,000 after buying an additional 253 shares during the last quarter. Finally, Private Bank & Trust Co. purchased a new stake in shares of LivaNova PLC during the third quarter valued at $201,000. 63.66% of the stock is currently owned by institutional investors.

Shares of LivaNova PLC (NASDAQ:LIVN) traded up 0.57% during midday trading on Tuesday, reaching $56.94. The company’s stock had a trading volume of 121,966 shares. The stock has a 50 day moving average price of $59.75 and a 200-day moving average price of $54.36. The company’s market capitalization is $2.78 billion. LivaNova PLC has a 52-week low of $46.79 and a 52-week high of $70.95.

LivaNova PLC Company Profile

LivaNova PLC is a medical technology company. The Company operates through three segments: Cardiac Surgery, Cardiac Rhythm Management (CRM) and Neuromodulation. The Cardiac Surgery business unit is engaged in the development, production and sale of cardiovascular surgery products, including oxygenators, heart-lung machines, perfusion tubing systems and systems for autotransfusion and autologous blood washing.

5 Day Chart for NASDAQ:LIVN

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