Teacher Retirement System of Texas Invests $549,000 in NxStage Medical, Inc. (NXTM) Stock
Teacher Retirement System of Texas purchased a new position in NxStage Medical, Inc. (NASDAQ:NXTM) during the 4th quarter, Holdings Channel reports. The firm purchased 22,640 shares of the medical device company’s stock, valued at approximately $549,000.
A number of other hedge funds and other institutional investors have also modified their holdings of NXTM. Public Employees Retirement Association of Colorado bought a new position in NxStage Medical in the 4th quarter worth approximately $128,000. Prudential Financial Inc. bought a new position in NxStage Medical in the 3rd quarter worth approximately $202,000. FNY Partners Fund LP bought a new position in NxStage Medical in the 4th quarter worth approximately $300,000. Aperio Group LLC increased its position in NxStage Medical by 36.8% in the 3rd quarter. Aperio Group LLC now owns 11,123 shares of the medical device company’s stock worth $307,000 after buying an additional 2,990 shares during the period. Finally, Quantbot Technologies LP increased its position in NxStage Medical by 22.8% in the 3rd quarter. Quantbot Technologies LP now owns 13,190 shares of the medical device company’s stock worth $364,000 after buying an additional 2,452 shares during the period. 84.26% of the stock is currently owned by institutional investors.
Shares of NxStage Medical, Inc. (NASDAQ NXTM) opened at $23.99 on Wednesday. The stock has a market capitalization of $1,616.23, a P/E ratio of -342.71 and a beta of 0.02. NxStage Medical, Inc. has a 1 year low of $20.45 and a 1 year high of $30.80.
In other news, SVP Winifred L. Swan sold 3,500 shares of the business’s stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $24.88, for a total transaction of $87,080.00. Following the sale, the senior vice president now directly owns 13,770 shares in the company, valued at $342,597.60. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last 90 days, insiders have sold 10,500 shares of company stock worth $261,485. 4.70% of the stock is currently owned by company insiders.
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NxStage Medical Profile
NxStage Medical, Inc is a medical technology company. The Company develops, manufactures and markets products and services for patients suffering from chronic or acute kidney failure. It operates through three segments. The System One segment includes revenues from the sale and rental of the System One and PureFlow SL dialysate preparation equipment and the sale of disposable products in the home and critical care markets.
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