Lantheus Holdings Inc. (NASDAQ:LNTH) Director David F. Burgstahler sold 2,500,000 shares of Lantheus Holdings stock in a transaction on Monday, November 21st. The stock was sold at an average price of $9.00, for a total transaction of $22,500,000.00. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Shares of Lantheus Holdings Inc. (NASDAQ:LNTH) opened at 9.85 on Friday. The company has a market capitalization of $351.88 million, a PE ratio of 11.74 and a beta of 0.48. Lantheus Holdings Inc. has a 52-week low of $1.76 and a 52-week high of $10.85. The company has a 50-day moving average of $8.89 and a 200 day moving average of $6.12.

A number of institutional investors have recently made changes to their positions in LNTH. Price T Rowe Associates Inc. MD boosted its position in shares of Lantheus Holdings by 38.4% in the third quarter. Price T Rowe Associates Inc. MD now owns 5,117,571 shares of the company’s stock valued at $42,373,000 after buying an additional 1,419,400 shares during the period. Brigade Capital Management LP acquired a new position in shares of Lantheus Holdings during the second quarter valued at about $5,219,000. Acadian Asset Management LLC acquired a new position in shares of Lantheus Holdings during the third quarter valued at about $4,631,000. Globeflex Capital L P acquired a new position in shares of Lantheus Holdings during the second quarter valued at about $1,410,000. Finally, Spark Investment Management LLC boosted its position in shares of Lantheus Holdings by 151.7% in the third quarter. Spark Investment Management LLC now owns 355,600 shares of the company’s stock valued at $2,944,000 after buying an additional 214,300 shares during the period. Hedge funds and other institutional investors own 35.42% of the company’s stock.

A number of brokerages have recently weighed in on LNTH. Zacks Investment Research raised shares of Lantheus Holdings from a “hold” rating to a “strong-buy” rating and set a $7.00 price target on the stock in a research report on Monday, August 8th. Credit Suisse Group AG set a $4.00 price target on shares of Lantheus Holdings and gave the stock a “hold” rating in a research report on Friday, August 5th. Jefferies Group reissued a “buy” rating on shares of Lantheus Holdings in a research report on Friday, August 5th. Royal Bank Of Canada lifted their price target on shares of Lantheus Holdings from $6.00 to $12.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 8th. Finally, RBC Capital Markets lifted their price target on shares of Lantheus Holdings from $6.00 to $12.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 8th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $9.96.

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About Lantheus Holdings

Lantheus Holdings, Inc develops, manufactures and commercializes diagnostic medical imaging agents and products that assist clinicians in the diagnosis and treatment of cardiovascular and other diseases. The Company’s portfolio of approximately 10 commercial products is spread across a range of imaging modalities.

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