State of Alaska Department of Revenue boosted its stake in Zeltiq Aesthetics Inc (NASDAQ:ZLTQ) by 2.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,010 shares of the medical equipment provider’s stock after buying an additional 110 shares during the period. State of Alaska Department of Revenue’s holdings in Zeltiq Aesthetics were worth $222,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Municipal Employees Retirement System of Michigan boosted its stake in Zeltiq Aesthetics by 1.2% in the third quarter. Municipal Employees Retirement System of Michigan now owns 9,910 shares of the medical equipment provider’s stock worth $389,000 after buying an additional 120 shares during the last quarter. BlackRock Institutional Trust Company N.A. boosted its stake in shares of Zeltiq Aesthetics by 1.1% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 873,544 shares of the medical equipment provider’s stock worth $34,260,000 after buying an additional 9,107 shares in the last quarter. Rhumbline Advisers boosted its stake in shares of Zeltiq Aesthetics by 8.1% in the third quarter. Rhumbline Advisers now owns 45,398 shares of the medical equipment provider’s stock worth $1,781,000 after buying an additional 3,405 shares in the last quarter. Teachers Advisors LLC boosted its stake in shares of Zeltiq Aesthetics by 1.4% in the third quarter. Teachers Advisors LLC now owns 57,178 shares of the medical equipment provider’s stock worth $2,243,000 after buying an additional 811 shares in the last quarter. Finally, New York State Common Retirement Fund boosted its stake in shares of Zeltiq Aesthetics by 102.5% in the third quarter. New York State Common Retirement Fund now owns 67,220 shares of the medical equipment provider’s stock worth $2,636,000 after buying an additional 34,020 shares in the last quarter.

Institutional Ownership by Quarter for Zeltiq Aesthetics (NASDAQ:ZLTQ)

Zeltiq Aesthetics Inc (NASDAQ:ZLTQ) opened at 56.48 on Friday. Zeltiq Aesthetics Inc has a 12-month low of $23.58 and a 12-month high of $56.50. The company has a 50-day moving average price of $56.05 and a 200-day moving average price of $46.95.

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Several equities analysts have recently issued reports on ZLTQ shares. Aegis cut Zeltiq Aesthetics from a “buy” rating to a “hold” rating and set a $51.00 price objective for the company. in a report on Tuesday, February 14th. Zacks Investment Research upgraded Zeltiq Aesthetics from a “sell” rating to a “hold” rating in a research note on Wednesday, February 22nd. Northcoast Research lowered Zeltiq Aesthetics from a “buy” rating to a “neutral” rating in a research note on Tuesday, February 14th. Northland Securities restated a “positive” rating on shares of Zeltiq Aesthetics in a research note on Monday, February 13th. Finally, Canaccord Genuity lowered Zeltiq Aesthetics from a “buy” rating to a “hold” rating in a research note on Monday, February 13th. Ten investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $50.94.

In other Zeltiq Aesthetics news, SVP Bradley Hauser sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 21st. The shares were sold at an average price of $55.64, for a total value of $166,920.00. Following the transaction, the senior vice president now owns 49,301 shares in the company, valued at approximately $2,743,107.64. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Mark J. Foley sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, March 13th. The shares were sold at an average price of $55.77, for a total transaction of $557,700.00. Following the completion of the transaction, the insider now owns 220,430 shares in the company, valued at approximately $12,293,381.10. The disclosure for this sale can be found here. 15.60% of the stock is owned by insiders.

Zeltiq Aesthetics Company Profile

ZELTIQ Aesthetics, Inc is a medical technology company. The Company focuses on developing and commercializing products utilizing its controlled-cooling technology platform. The Company’s product, the CoolSculpting System, is designed to reduce stubborn fat bulges. The Company sells its CoolSculpting system primarily to dermatologists, plastic surgeons, aesthetic specialists and obstetrics and gynecology (OBGYN) physicians.

5 Day Chart for NASDAQ:ZLTQ

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