77,891 Shares in STAAR Surgical (STAA) Purchased by SG Americas Securities LLC

SG Americas Securities LLC purchased a new stake in shares of STAAR Surgical (NASDAQ:STAA) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 77,891 shares of the medical instruments supplier’s stock, valued at approximately $2,486,000.

A number of other institutional investors also recently modified their holdings of STAA. Vanguard Group Inc boosted its holdings in shares of STAAR Surgical by 60.9% in the 3rd quarter. Vanguard Group Inc now owns 2,754,944 shares of the medical instruments supplier’s stock valued at $132,238,000 after acquiring an additional 1,042,724 shares during the last quarter. Vanguard Group Inc. boosted its holdings in STAAR Surgical by 60.9% during the third quarter. Vanguard Group Inc. now owns 2,754,944 shares of the medical instruments supplier’s stock worth $132,238,000 after buying an additional 1,042,724 shares in the last quarter. Baillie Gifford & Co. boosted its holdings in STAAR Surgical by 33.8% during the third quarter. Baillie Gifford & Co. now owns 1,550,179 shares of the medical instruments supplier’s stock worth $74,409,000 after buying an additional 391,629 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in STAAR Surgical by 46.4% during the third quarter. Renaissance Technologies LLC now owns 906,000 shares of the medical instruments supplier’s stock worth $43,488,000 after buying an additional 287,000 shares in the last quarter. Finally, Kornitzer Capital Management Inc. KS purchased a new stake in STAAR Surgical during the third quarter worth $12,893,000. Institutional investors and hedge funds own 85.79% of the company’s stock.

NASDAQ:STAA opened at $34.08 on Monday. The company has a quick ratio of 4.76, a current ratio of 5.35 and a debt-to-equity ratio of 0.01. The firm has a market cap of $1.50 billion, a price-to-earnings ratio of 3,408.00 and a beta of 1.99. STAAR Surgical has a fifty-two week low of $13.60 and a fifty-two week high of $54.00.

A number of brokerages recently issued reports on STAA. Zacks Investment Research raised shares of STAAR Surgical from a “hold” rating to a “strong-buy” rating and set a $51.00 price target on the stock in a report on Thursday, November 8th. BidaskClub raised shares of STAAR Surgical from a “sell” rating to a “hold” rating in a report on Wednesday, January 9th. ValuEngine downgraded shares of STAAR Surgical from a “strong-buy” rating to a “buy” rating in a report on Friday, December 21st. Finally, TheStreet downgraded shares of STAAR Surgical from a “b-” rating to a “c” rating in a report on Friday, December 14th. One research analyst has rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $45.25.

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STAAR Surgical Profile

STAAR Surgical Company, together with its subsidiaries, designs, develops, manufactures, markets, and sells implantable lenses for the eye, and delivery systems to deliver the lenses into the eye. The company provides Visian implantable collamer lenses (ICLs) to treat visual disorders, such as myopia, hyperopia, astigmatism, and presbyopia; and Hyperopic ICL, which treats far-sightedness.

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Institutional Ownership by Quarter for STAAR Surgical (NASDAQ:STAA)

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