Tejara Capital Ltd lifted its stake in Integra LifeSciences Holdings Corporation (NASDAQ:IART – Free Report) by 42.6% in the 4th quarter, Holdings Channel reports. The firm owned 171,813 shares of the life sciences company’s stock after purchasing an additional 51,300 shares during the quarter. Tejara Capital Ltd’s holdings in Integra LifeSciences were worth $2,134,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Amalgamated Bank increased its holdings in Integra LifeSciences by 3.8% in the third quarter. Amalgamated Bank now owns 19,809 shares of the life sciences company’s stock valued at $284,000 after buying an additional 728 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in Integra LifeSciences by 6.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 14,200 shares of the life sciences company’s stock valued at $205,000 after purchasing an additional 848 shares in the last quarter. Osaic Holdings Inc. raised its holdings in Integra LifeSciences by 36.6% during the second quarter. Osaic Holdings Inc. now owns 4,119 shares of the life sciences company’s stock worth $51,000 after purchasing an additional 1,104 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Integra LifeSciences by 5.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,441 shares of the life sciences company’s stock worth $889,000 after purchasing an additional 1,975 shares in the last quarter. Finally, Capital Fund Management S.A. grew its holdings in Integra LifeSciences by 5.7% in the third quarter. Capital Fund Management S.A. now owns 37,322 shares of the life sciences company’s stock valued at $535,000 after purchasing an additional 1,997 shares during the last quarter. 84.78% of the stock is currently owned by institutional investors and hedge funds.
Integra LifeSciences Stock Performance
NASDAQ IART opened at $14.50 on Friday. The company has a quick ratio of 1.95, a current ratio of 3.38 and a debt-to-equity ratio of 1.75. Integra LifeSciences Holdings Corporation has a fifty-two week low of $8.70 and a fifty-two week high of $16.49. The business has a fifty day moving average of $10.52 and a 200-day moving average of $11.65. The stock has a market cap of $1.13 billion, a price-to-earnings ratio of -2.24 and a beta of 1.08.
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on IART. Weiss Ratings upgraded Integra LifeSciences from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday. Argus reissued a “hold” rating on shares of Integra LifeSciences in a research note on Wednesday, April 15th. Citigroup raised their target price on shares of Integra LifeSciences from $9.00 to $11.00 and gave the company a “sell” rating in a report on Wednesday, May 6th. Wells Fargo & Company lifted their target price on shares of Integra LifeSciences from $12.00 to $15.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Finally, Truist Financial reduced their price target on shares of Integra LifeSciences from $13.00 to $12.00 and set a “hold” rating on the stock in a report on Wednesday, April 15th. Three research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Integra LifeSciences has a consensus rating of “Reduce” and an average target price of $12.75.
Check Out Our Latest Stock Report on IART
Integra LifeSciences Company Profile
Integra LifeSciences Corporation is a global medical technology company specializing in products and innovations for neurosurgery, regenerative medicine and reconstructive procedures. The company develops and markets surgical instruments, implants and advanced wound care solutions designed to support tissue repair and functional recovery. Its product portfolio includes collagen-based matrices, dural substitutes, hemostatic agents and specialized spinal and peripheral fixation devices.
Founded in 1989 and headquartered in Plainsboro, New Jersey, Integra has expanded its capabilities through targeted acquisitions and internal research efforts.
Read More
- Five stocks we like better than Integra LifeSciences
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
- Cisco’s Vertical Rally May Still Be in the Early Innings
- Amazon vs. Alibaba: One Is Clearly The Better Value Play right Now
Want to see what other hedge funds are holding IART? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Integra LifeSciences Holdings Corporation (NASDAQ:IART – Free Report).
Receive News & Ratings for Integra LifeSciences Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Integra LifeSciences and related companies with MarketBeat.com's FREE daily email newsletter.
