NxStage (NASDAQ:NXTM) has been given an average recommendation of “Hold” by the eleven research firms that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation and nine have issued a hold recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $30.00.

Several research firms have recently weighed in on NXTM. ValuEngine lowered shares of NxStage from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. BidaskClub raised shares of NxStage from a “strong sell” rating to a “sell” rating in a report on Monday, February 5th. Finally, Zacks Investment Research raised shares of NxStage from a “sell” rating to a “hold” rating in a report on Friday, January 26th.

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Shares of NASDAQ:NXTM traded up $0.15 during trading on Thursday, hitting $25.95. 18,946 shares of the stock traded hands, compared to its average volume of 568,234. The firm has a market cap of $1,709.08, a price-to-earnings ratio of -368.57 and a beta of -0.02. NxStage has a 52-week low of $20.45 and a 52-week high of $30.80.

In related news, SVP Winifred L. Swan sold 3,500 shares of the business’s stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $24.48, for a total value of $85,680.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 4.70% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of NXTM. Public Employees Retirement Association of Colorado purchased a new stake in NxStage in the 4th quarter worth $128,000. Prudential Financial Inc. purchased a new stake in NxStage in the 3rd quarter worth $202,000. Guggenheim Capital LLC increased its holdings in NxStage by 35.5% in the 4th quarter. Guggenheim Capital LLC now owns 11,247 shares of the medical device company’s stock worth $273,000 after acquiring an additional 2,949 shares in the last quarter. FNY Partners Fund LP purchased a new stake in NxStage in the 4th quarter worth $300,000. Finally, Teacher Retirement System of Texas purchased a new stake in NxStage in the 4th quarter worth $549,000. 84.14% of the stock is owned by institutional investors.

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About NxStage

NxStage Medical, Inc, a medical technology company, develops, manufactures, and markets products and services for patients suffering from chronic or acute kidney failure. Its primary product includes the System One, a portable hemodialysis system, which is used primarily for home hemodialysis and a range of dialysis therapies to deliver in the home setting.

Analyst Recommendations for NxStage (NASDAQ:NXTM)

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