NxStage Medical, Inc. (NXTM) SVP Winifred L. Swan Sells 3,500 Shares

NxStage Medical, Inc. (NASDAQ:NXTM) SVP Winifred L. Swan sold 3,500 shares of the stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $24.48, for a total transaction of $85,680.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

NxStage Medical, Inc. (NASDAQ NXTM) traded down $0.25 during trading hours on Friday, reaching $24.13. 646,500 shares of the company’s stock were exchanged, compared to its average volume of 513,274. The firm has a market capitalization of $1,616.90, a PE ratio of -344.71 and a beta of -0.08. NxStage Medical, Inc. has a 1-year low of $20.45 and a 1-year high of $30.80.

Several equities research analysts have recently weighed in on NXTM shares. Zacks Investment Research upgraded shares of NxStage Medical from a “sell” rating to a “hold” rating in a research report on Wednesday, November 8th. Northland Securities restated a “hold” rating and issued a $30.00 price target on shares of NxStage Medical in a report on Wednesday, November 8th. ValuEngine cut shares of NxStage Medical from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. Finally, BidaskClub upgraded shares of NxStage Medical from a “strong sell” rating to a “sell” rating in a report on Monday, February 5th. Three analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $30.25.

A number of large investors have recently bought and sold shares of the business. Pennant Capital Management LLC grew its holdings in NxStage Medical by 8.3% in the fourth quarter. Pennant Capital Management LLC now owns 1,756,354 shares of the medical device company’s stock worth $42,556,000 after purchasing an additional 134,288 shares during the period. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp grew its holdings in NxStage Medical by 8.2% in the fourth quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 197,000 shares of the medical device company’s stock worth $4,773,000 after purchasing an additional 15,000 shares during the period. MetLife Investment Advisors LLC acquired a new stake in NxStage Medical in the fourth quarter worth $739,000. Millennium Management LLC acquired a new stake in NxStage Medical in the fourth quarter worth $896,000. Finally, Guggenheim Capital LLC grew its holdings in NxStage Medical by 35.5% in the fourth quarter. Guggenheim Capital LLC now owns 11,247 shares of the medical device company’s stock worth $273,000 after purchasing an additional 2,949 shares during the period. Institutional investors and hedge funds own 83.23% of the company’s stock.

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NxStage Medical Company Profile

NxStage Medical, Inc is a medical technology company. The Company develops, manufactures and markets products and services for patients suffering from chronic or acute kidney failure. It operates through three segments. The System One segment includes revenues from the sale and rental of the System One and PureFlow SL dialysate preparation equipment and the sale of disposable products in the home and critical care markets.

Insider Buying and Selling by Quarter for NxStage Medical (NASDAQ:NXTM)

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