2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. boosted its stake in shares of Varex Imaging Co. ( NASDAQ:VREX – Free Report ) by 510.
7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 471,612 shares of the company’s stock after purchasing an additional 394,381 shares during the quarter. Russell Investments Group Ltd.
’s holdings in Varex Imaging were worth $6,881,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. KLP Kapitalforvaltning AS bought a new position in shares of Varex Imaging in the fourth quarter worth about $98,000.
US Bancorp DE grew its holdings in Varex Imaging by 149.8% in the 4th quarter. US Bancorp DE now owns 7,386 shares of the company’s stock valued at $108,000 after buying an additional 4,429 shares during the last quarter.
New York State Common Retirement Fund grew its holdings in Varex Imaging by 60.7% in the 4th quarter. New York State Common Retirement Fund now owns 9,531 shares of the company’s stock valued at $139,000 after buying an additional 3,600 shares during the last quarter.
Aigen Investment Management LP acquired a new position in shares of Varex Imaging during the fourth quarter worth approximately $147,000. Finally, Inceptionr LLC acquired a new position in shares of Varex Imaging during the fourth quarter worth approximately $168,000. Analysts Set New Price Targets VREX has been the topic of a number of research reports.
StockNews.com raised shares of Varex Imaging from a “hold” rating to a “buy” rating in a research report on Friday, February 7th. Oppenheimer dropped their price objective on shares of Varex Imaging from $30.
00 to $23.00 and set an “outperform” rating on the stock in a report on Friday, February 7th. Finally, B.
Riley reiterated a “buy” rating and issued a $22.00 target price (up previously from $21.00) on shares of Varex Imaging in a research note on Friday, February 7th.
Insider Buying and Selling at Varex Imaging In related news, CEO Sunny Sanyal sold 8,749 shares of the business’s stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $11.24, for a total value of $98,338.
76. Following the sale, the chief executive officer now owns 190,193 shares of the company’s stock, valued at $2,137,769.32.
The trade was a 4.40 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink .
Also, SVP Kimberley E. Honeysett sold 4,007 shares of the company’s stock in a transaction on Thursday, March 20th. The shares were sold at an average price of $12.
81, for a total value of $51,329.67. Following the completion of the sale, the senior vice president now owns 4,002 shares in the company, valued at $51,265.
62. This trade represents a 50.03 % decrease in their ownership of the stock.
The disclosure for this sale can be found here . Company insiders own 4.30% of the company’s stock.
Varex Imaging Stock Performance Shares of NASDAQ VREX opened at $7.84 on Monday. Varex Imaging Co.
has a one year low of $7.33 and a one year high of $17.50.
The company has a current ratio of 4.36, a quick ratio of 2.50 and a debt-to-equity ratio of 1.
02. The business has a fifty day simple moving average of $11.97 and a 200 day simple moving average of $13.
25. The firm has a market capitalization of $323.01 million, a price-to-earnings ratio of -6.
70 and a beta of 0.65. Varex Imaging ( NASDAQ:VREX – Get Free Report ) last released its quarterly earnings data on Thursday, February 6th.
The company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.
03. Varex Imaging had a negative net margin of 5.79% and a positive return on equity of 4.
00%. Sell-side analysts expect that Varex Imaging Co. will post 0.
53 EPS for the current year. Varex Imaging Profile ( Free Report ) Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. The company operates through two segments, Medical and Industrial.
The Medical segment designs, manufactures, sells, and services X-ray imaging components, comprising X-ray tubes, digital detectors and accessories, ionization chambers, high voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and heat exchangers. Further Reading Want to see what other hedge funds are holding VREX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Varex Imaging Co.
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