Zacks Investment Research upgraded shares of Integer Holdings Co. (NASDAQ:ITGR) from a sell rating to a hold rating in a research note released on Tuesday morning.

According to Zacks, “Integer Holdings Corporation is a medical device outsource manufacturer. The company serving the cardiac, neuromodulation, orthopedics, vascular, advanced surgical and power solutions markets. It also develops batteries for high-end niche applications in energy, military, and environmental markets. The company’s brands include Greatbatch Medical, Lake Region Medical and Electrochem. Integer Holdings Corporation, formerly known as Greatbatch Inc., is based in Frisco, United States. “

Integer Holdings (NASDAQ:ITGR) traded up 0.824% on Tuesday, reaching $27.525. The company’s stock had a trading volume of 8,830 shares. Integer Holdings has a 52-week low of $18.10 and a 52-week high of $61.06. The firm’s 50-day moving average price is $22.07 and its 200 day moving average price is $26.32. The company’s market cap is $849.26 million.

Integer Holdings (NASDAQ:ITGR) last announced its earnings results on Thursday, October 27th. The company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.79 by $0.04. The business had revenue of $346.57 million for the quarter, compared to the consensus estimate of $347.92 million. During the same quarter in the previous year, the company earned $0.58 EPS. The firm’s revenue for the quarter was up 136.3% on a year-over-year basis. Equities analysts anticipate that Integer Holdings will post $2.63 EPS for the current fiscal year.

In other news, Director Martin C. Maxwell purchased 4,700 shares of the company’s stock in a transaction that occurred on Tuesday, November 1st. The shares were acquired at an average cost of $21.55 per share, with a total value of $101,285.00. Following the purchase, the director now owns 7,418 shares in the company, valued at $159,857.90. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

A number of hedge funds and other institutional investors have recently bought and sold shares of ITGR. BNP Paribas Arbitrage SA purchased a new position in Integer Holdings during the third quarter worth $110,000. Bank of Montreal Can purchased a new position in Integer Holdings during the third quarter worth $116,000. Municipal Employees Retirement System of Michigan purchased a new position in Integer Holdings during the third quarter worth $121,000. Emerald Acquisition Ltd. purchased a new position in Integer Holdings during the third quarter worth $148,000. Finally, BlackRock Inc. purchased a new position in Integer Holdings during the third quarter worth $165,000.

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About Integer Holdings

Greatbatch, Inc is a developer and manufacturer of medical devices and components. The Company operates through two segments: Greatbatch Medical and QiG Group (QiG). Greatbatch Medical designs and manufactures products where the Company either owns the intellectual property or has unique manufacturing and assembly expertise.

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