ShockWave Medical, Inc. (NASDAQ:SWAV – Get Rating) CEO Douglas Evan Godshall sold 30,000 shares of the business’s stock in a transaction on Monday, November 14th. The shares were sold at an average price of $240.81, for a total value of $7,224,300.00. Following the completion of the sale, the chief executive officer now directly owns 82,926 shares in the company, valued at approximately $19,969,410.06. The sale was disclosed in a legal filing with the SEC, which is available through this link.
ShockWave Medical Price Performance
NASDAQ SWAV opened at $248.01 on Friday. The company has a quick ratio of 6.02, a current ratio of 7.29 and a debt-to-equity ratio of 0.04. The company has a market cap of $8.96 billion, a PE ratio of 106.44 and a beta of 1.03. ShockWave Medical, Inc. has a 52 week low of $113.36 and a 52 week high of $320.54. The firm’s 50-day simple moving average is $273.71 and its two-hundred day simple moving average is $231.75.
Institutional Trading of ShockWave Medical
Hedge funds and other institutional investors have recently modified their holdings of the business. Price T Rowe Associates Inc. MD grew its stake in ShockWave Medical by 24.3% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 3,214,678 shares of the company’s stock valued at $614,550,000 after buying an additional 627,712 shares in the last quarter. State Street Corp boosted its holdings in shares of ShockWave Medical by 56.5% in the second quarter. State Street Corp now owns 1,125,735 shares of the company’s stock worth $215,207,000 after acquiring an additional 406,327 shares during the period. Renaissance Technologies LLC grew its position in shares of ShockWave Medical by 647.0% in the third quarter. Renaissance Technologies LLC now owns 322,700 shares of the company’s stock valued at $89,733,000 after purchasing an additional 279,500 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of ShockWave Medical by 2,286.1% during the 2nd quarter. Principal Financial Group Inc. now owns 243,188 shares of the company’s stock valued at $46,490,000 after purchasing an additional 232,996 shares during the period. Finally, Macquarie Group Ltd. lifted its holdings in ShockWave Medical by 26.3% during the 2nd quarter. Macquarie Group Ltd. now owns 1,117,137 shares of the company’s stock worth $213,563,000 after purchasing an additional 232,570 shares in the last quarter. Institutional investors own 95.40% of the company’s stock.
Analysts Set New Price Targets
About ShockWave Medical
ShockWave Medical, Inc, a medical device company, engages in developing and commercializing intravascular lithotripsy technology for the treatment of calcified plaque in patients with peripheral vascular, coronary vascular, and heart valve diseases worldwide. The company offers M5 catheters for treating above-the-knee peripheral artery disease (PAD); C2 catheters for treating coronary artery disease; and S4 catheters for treating below-the-knee PAD.
- Get a free copy of the StockNews.com research report on ShockWave Medical (SWAV)
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