James Patrick Ryan Sells 546 Shares of Analogic Corp. (ALOG) Stock
Analogic Corp. (NASDAQ:ALOG) insider James Patrick Ryan sold 546 shares of the stock in a transaction on Thursday, September 15th. The shares were sold at an average price of $88.19, for a total transaction of $48,151.74. Following the completion of the sale, the insider now directly owns 1,800 shares of the company’s stock, valued at $158,742. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
James Patrick Ryan also recently made the following trade(s):
- On Monday, August 15th, James Patrick Ryan sold 545 shares of Analogic Corp. stock. The shares were sold at an average price of $86.51, for a total transaction of $47,147.95.
- On Friday, July 15th, James Patrick Ryan sold 500 shares of Analogic Corp. stock. The shares were sold at an average price of $82.96, for a total transaction of $41,480.00.
Shares of Analogic Corp. (NASDAQ:ALOG) opened at 89.32 on Thursday. The firm has a market cap of $1.11 billion, a PE ratio of 78.35 and a beta of 0.95. Analogic Corp. has a 12 month low of $68.71 and a 12 month high of $93.73. The company’s 50 day moving average is $88.68 and its 200-day moving average is $82.43.
Analogic Corp. (NASDAQ:ALOG) last issued its earnings results on Wednesday, September 21st. The company reported $1.02 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.17 by $0.15. The firm had revenue of $138.10 million for the quarter, compared to analyst estimates of $139.03 million. Analogic Corp. had a return on equity of 7.83% and a net margin of 2.71%. Analogic Corp.’s quarterly revenue was down 10.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.28 earnings per share. Equities research analysts predict that Analogic Corp. will post $3.72 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 12th. Investors of record on Thursday, September 1st will be issued a dividend of $0.10 per share. The ex-dividend date is Wednesday, September 28th. This represents a $0.40 dividend on an annualized basis and a yield of 0.45%. Analogic Corp.’s payout ratio is 35.40%.
ALOG has been the subject of a number of recent research reports. Brean Capital restated a “buy” rating on shares of Analogic Corp. in a research note on Thursday, June 2nd. TheStreet upgraded shares of Analogic Corp. from a “hold” rating to a “buy” rating in a research note on Wednesday, June 8th. Finally, Zacks Investment Research cut shares of Analogic Corp. from a “hold” rating to a “sell” rating in a research note on Monday, June 27th.
A number of institutional investors have recently modified their holdings of ALOG. Tower Research Capital LLC TRC increased its position in shares of Analogic Corp. by 976.0% in the second quarter. Tower Research Capital LLC TRC now owns 1,302 shares of the company’s stock worth $103,000 after buying an additional 1,181 shares during the last quarter. PineBridge Investments L.P. increased its position in shares of Analogic Corp. by 3.5% in the second quarter. PineBridge Investments L.P. now owns 1,570 shares of the company’s stock worth $125,000 after buying an additional 53 shares during the last quarter. Mason Street Advisors LLC purchased a new position in shares of Analogic Corp. during the second quarter worth $192,000. Profund Advisors LLC increased its position in shares of Analogic Corp. by 2.5% in the second quarter. Profund Advisors LLC now owns 2,748 shares of the company’s stock worth $218,000 after buying an additional 68 shares during the last quarter. Finally, AHL Partners LLP purchased a new position in shares of Analogic Corp. during the second quarter worth $226,000. Institutional investors and hedge funds own 99.81% of the company’s stock.
About Analogic Corp.
Analogic Corporation designs, manufactures and commercializes guidance, diagnostic imaging and threat detection technologies to advance the practice of medicine and save lives. The Company operates through three business segments: Medical Imaging, Ultrasound, and Security and Detection. The Company’s Medical Imaging segment provides medical imaging systems and subsystems for computed tomography (CT), magnetic resonance imaging (MRI) and high-resolution digital mammography.
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