ICU Medical, Incorporated (NASDAQ:ICUI) Director Robert S. Swinney sold 1,464 shares of the company’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of $234.65, for a total transaction of $343,527.60. Following the completion of the transaction, the director now directly owns 16,576 shares in the company, valued at $3,889,558.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
ICUI stock traded up $6.23 during mid-day trading on Monday, reaching $239.08. 204,409 shares of the stock traded hands, compared to its average volume of 166,850. ICU Medical, Incorporated has a 52 week low of $210.94 and a 52 week high of $321.70. The stock has a market capitalization of $4.77 billion, a price-to-earnings ratio of 31.01 and a beta of 0.75.
A number of equities analysts have recently weighed in on ICUI shares. Zacks Investment Research downgraded shares of ICU Medical from a “hold” rating to a “sell” rating in a research note on Friday, January 4th. BidaskClub raised shares of ICU Medical from a “hold” rating to a “buy” rating in a research note on Wednesday, February 20th. Finally, Raymond James dropped their price target on shares of ICU Medical from $315.00 to $300.00 and set a “strong-buy” rating on the stock in a research note on Friday, March 1st. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $281.00.
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About ICU Medical
ICU Medical, Inc develops, manufactures, and sells medical devices used in vascular therapy, critical care, and oncology applications worldwide. It offers infusion therapy products comprising a tube running from a bottle or plastic bag containing a solution to a catheter inserted in a patient's vein.
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