Hanger Inc (OTCMKTS:HNGR) insider Vinit K. Asar acquired 2,700 shares of the company’s stock in a transaction dated Friday, May 10th. The shares were acquired at an average price of $18.98 per share, for a total transaction of $51,246.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of Hanger stock traded up $0.26 on Thursday, reaching $19.97. The company had a trading volume of 9,070 shares, compared to its average volume of 219,129. Hanger Inc has a 52-week low of $15.60 and a 52-week high of $24.50.
Hanger (OTCMKTS:HNGR) last released its quarterly earnings results on Wednesday, May 8th. The healthcare company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.08). The firm had revenue of $236.42 million for the quarter, compared to analyst estimates of $243.40 million.
Hedge funds have recently made changes to their positions in the stock. Raymond James & Associates acquired a new position in shares of Hanger in the fourth quarter valued at approximately $382,000. AlphaOne Investment Services LLC grew its holdings in shares of Hanger by 6.0% in the fourth quarter. AlphaOne Investment Services LLC now owns 220,989 shares of the healthcare company’s stock valued at $4,188,000 after purchasing an additional 12,542 shares in the last quarter. Dimensional Fund Advisors LP acquired a new position in shares of Hanger in the third quarter valued at approximately $10,144,000. Tibra Equities Europe Ltd acquired a new position in shares of Hanger in the first quarter valued at approximately $1,514,000. Finally, SCW Capital Management LP acquired a new position in shares of Hanger in the fourth quarter valued at approximately $17,636,000. Hedge funds and other institutional investors own 3.61% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: “Hanger Inc (HNGR) Insider Vinit K. Asar Buys 2,700 Shares” was first reported by WKRB News and is the property of of WKRB News. If you are accessing this piece of content on another domain, it was stolen and republished in violation of international copyright & trademark legislation. The original version of this piece of content can be accessed at https://www.wkrb13.com/2019/05/16/hanger-inc-hngr-insider-vinit-k-asar-buys-2700-shares.html.
Hanger, Inc provides orthotic and prosthetic (O&P) services; and distributes O&P devices and components, manages O&P networks, and provides therapeutic solutions to patients and businesses in acute, post-acute, and clinic settings in the United States. It operates through two segments, Patient Care and Products & Services.
Featured Story: Trading Stocks – What are percentage gainers?
Receive News & Ratings for Hanger Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hanger and related companies with MarketBeat.com's FREE daily email newsletter.