Intersect ENT Inc (NASDAQ:XENT) CFO Jeryl L. Hilleman sold 12,833 shares of the firm’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of $30.06, for a total transaction of $385,759.98. Following the transaction, the chief financial officer now directly owns 27,833 shares of the company’s stock, valued at $836,659.98. The sale was disclosed in a document filed with the SEC, which is available through this link.

Intersect ENT Inc (NASDAQ XENT) opened at $29.92 on Friday. Intersect ENT Inc has a fifty-two week low of $10.50 and a fifty-two week high of $33.25.

Intersect ENT (NASDAQ:XENT) last posted its quarterly earnings results on Thursday, November 2nd. The medical equipment provider reported ($0.15) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.20) by $0.05. Intersect ENT had a negative net margin of 19.81% and a negative return on equity of 15.96%. The business had revenue of $22.31 million during the quarter, compared to analyst estimates of $21.53 million. During the same period in the previous year, the business posted ($0.22) EPS. The company’s quarterly revenue was up 20.8% on a year-over-year basis. equities research analysts forecast that Intersect ENT Inc will post -0.63 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Legal & General Group Plc boosted its holdings in shares of Intersect ENT by 3.8% in the 2nd quarter. Legal & General Group Plc now owns 6,939 shares of the medical equipment provider’s stock valued at $193,000 after buying an additional 255 shares during the period. Voya Investment Management LLC boosted its holdings in shares of Intersect ENT by 9.7% in the 2nd quarter. Voya Investment Management LLC now owns 12,724 shares of the medical equipment provider’s stock valued at $356,000 after buying an additional 1,128 shares during the period. Rhumbline Advisers boosted its holdings in shares of Intersect ENT by 5.9% in the 2nd quarter. Rhumbline Advisers now owns 29,396 shares of the medical equipment provider’s stock valued at $822,000 after buying an additional 1,625 shares during the period. EAM Investors LLC boosted its holdings in shares of Intersect ENT by 1.1% in the 3rd quarter. EAM Investors LLC now owns 164,267 shares of the medical equipment provider’s stock valued at $5,117,000 after buying an additional 1,776 shares during the period. Finally, Teachers Advisors LLC boosted its holdings in shares of Intersect ENT by 3.5% in the 1st quarter. Teachers Advisors LLC now owns 61,858 shares of the medical equipment provider’s stock valued at $1,061,000 after buying an additional 2,084 shares during the period. 86.31% of the stock is owned by institutional investors and hedge funds.

Several research analysts have weighed in on the stock. BidaskClub lowered shares of Intersect ENT from a “buy” rating to a “hold” rating in a report on Wednesday. BTIG Research reissued a “hold” rating on shares of Intersect ENT in a report on Tuesday, November 7th. Northland Securities reissued a “hold” rating and set a $25.00 price objective on shares of Intersect ENT in a report on Friday, November 3rd. Zacks Investment Research lowered shares of Intersect ENT from a “buy” rating to a “hold” rating in a report on Wednesday, November 1st. Finally, Canaccord Genuity raised their price objective on shares of Intersect ENT from $32.00 to $37.00 and gave the stock a “buy” rating in a report on Wednesday, September 13th. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $32.43.

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Intersect ENT Company Profile

Intersect ENT, Inc is a commercial-stage drug-device company. The Company develops drugs for patients with ear, nose and throat (ENT) conditions. The Company has developed a drug releasing bioabsorbable implant technology that enables targeted and sustained release of therapeutic agents. This targeted drug delivery technology is designed to allow ENT physicians to manage patient care.

Insider Buying and Selling by Quarter for Intersect ENT (NASDAQ:XENT)

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