Shares of LivaNova PLC (NASDAQ:LIVN) were up 5% on Monday . The company traded as high as $54.68 and last traded at $54.65, with a volume of 595,112 shares changing hands. The stock had previously closed at $52.05.

Separately, Piper Jaffray Cos. reissued an “overweight” rating and set a $59.00 target price (down previously from $61.00) on shares of LivaNova PLC in a research report on Thursday, July 7th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $66.25.

The stock’s market capitalization is $2.70 billion. The firm’s 50 day moving average price is $49.90 and its 200-day moving average price is $52.59.

In other news, Director Alfred J. Novak sold 4,000 shares of LivaNova PLC stock in a transaction dated Friday, May 6th. The stock was sold at an average price of $51.12, for a total transaction of $204,480.00. Following the completion of the sale, the director now owns 13,020 shares in the company, valued at approximately $665,582.40. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Hugh M. Morrison sold 3,600 shares of LivaNova PLC stock in a transaction dated Thursday, May 19th. The shares were sold at an average price of $48.00, for a total value of $172,800.00. Following the sale, the director now owns 5,215 shares of the company’s stock, valued at approximately $250,320. The disclosure for this sale can be found here.

Several hedge funds have modified their holdings of LIVN. California Public Employees Retirement System acquired a new stake in shares of LivaNova PLC during the fourth quarter worth about $10,924,000. Wells Fargo & Company MN acquired a new stake in shares of LivaNova PLC during the fourth quarter worth about $30,246,000. Swiss National Bank acquired a new stake in shares of LivaNova PLC during the fourth quarter worth about $3,421,000. State Board of Administration of Florida Retirement System acquired a new stake in shares of LivaNova PLC during the fourth quarter worth about $1,390,000. Finally, Comerica Bank acquired a new stake in shares of LivaNova PLC during the fourth quarter worth about $1,542,000.

LivaNova PLC is a United Kingdom-based medical technology company. The Company focuses on providing treatment for cardiovascular diseases and neuromodulation. The Company operates under three business units: Cardiac Rhythm Management, Cardiac Surgery and Neuromodulation. The Company provides solutions for patients, healthcare professionals and healthcare systems.

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