Analogic Corp. (NASDAQ:ALOG) insider Shalabh Chandra sold 508 shares of Analogic Corp. stock in a transaction on Monday, October 17th. The stock was sold at an average price of $82.80, for a total value of $42,062.40. Following the sale, the insider now directly owns 2,331 shares of the company’s stock, valued at $193,006.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shalabh Chandra also recently made the following trade(s):

  • On Friday, September 16th, Shalabh Chandra sold 1,250 shares of Analogic Corp. stock. The stock was sold at an average price of $90.50, for a total value of $113,125.00.
  • On Monday, August 29th, Shalabh Chandra sold 2,650 shares of Analogic Corp. stock. The stock was sold at an average price of $90.00, for a total value of $238,500.00.
  • On Tuesday, August 16th, Shalabh Chandra sold 1,250 shares of Analogic Corp. stock. The stock was sold at an average price of $86.84, for a total value of $108,550.00.

Analogic Corp. (NASDAQ:ALOG) opened at 83.05 on Wednesday. The firm’s 50-day moving average price is $88.65 and its 200 day moving average price is $83.90. Analogic Corp. has a 12-month low of $68.71 and a 12-month high of $94.39. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 86.51 and a beta of 0.92.

Analogic Corp. (NASDAQ:ALOG) last released its earnings results on Wednesday, September 21st. The company reported $1.02 earnings per share for the quarter, missing the consensus estimate of $1.17 by $0.15. Analogic Corp. had a return on equity of 7.33% and a net margin of 2.38%. The business had revenue of $138.10 million for the quarter, compared to the consensus estimate of $139.03 million. During the same quarter in the previous year, the company earned $1.28 earnings per share. The firm’s revenue for the quarter was down 10.6% on a year-over-year basis. On average, analysts expect that Analogic Corp. will post $4.04 earnings per share for the current year.

Insider Buying and Selling by Quarter for Analogic Corp. (NASDAQ:ALOG)

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 12th. Shareholders of record on Thursday, September 1st were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.48%. The ex-dividend date was Wednesday, September 28th. Analogic Corp.’s payout ratio is presently 41.24%.

Large investors have recently added to or reduced their stakes in the company. Prudential Financial Inc. boosted its position in shares of Analogic Corp. by 3.1% in the first quarter. Prudential Financial Inc. now owns 30,134 shares of the company’s stock worth $2,381,000 after buying an additional 900 shares during the last quarter. BlackRock Group LTD boosted its position in shares of Analogic Corp. by 5.4% in the first quarter. BlackRock Group LTD now owns 18,848 shares of the company’s stock worth $1,489,000 after buying an additional 958 shares during the last quarter. BlackRock Fund Advisors boosted its position in shares of Analogic Corp. by 0.9% in the first quarter. BlackRock Fund Advisors now owns 810,209 shares of the company’s stock worth $64,015,000 after buying an additional 7,329 shares during the last quarter. BlackRock Institutional Trust Company N.A. boosted its position in shares of Analogic Corp. by 1.2% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 329,661 shares of the company’s stock worth $26,047,000 after buying an additional 3,958 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of Analogic Corp. by 4.1% in the first quarter. JPMorgan Chase & Co. now owns 21,420 shares of the company’s stock worth $1,692,000 after buying an additional 838 shares during the last quarter. Hedge funds and other institutional investors own 99.81% of the company’s stock.

A number of equities research analysts recently commented on ALOG shares. Zacks Investment Research cut Analogic Corp. from a “hold” rating to a “sell” rating in a research note on Tuesday, September 27th. Brean Capital reaffirmed a “buy” rating and set a $100.00 price objective (up from $90.00) on shares of Analogic Corp. in a research note on Thursday, September 22nd.

About Analogic Corp.

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.

5 Day Chart for NASDAQ:ALOG

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