American Century Companies Inc. raised its stake in shares of LivaNova PLC (NASDAQ:LIVN) by 24.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,225 shares of the company’s stock after buying an additional 1,225 shares during the quarter. American Century Companies Inc.’s holdings in LivaNova were worth $524,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently made changes to their positions in the company. Point72 Hong Kong Ltd purchased a new stake in LivaNova during the 1st quarter valued at approximately $27,000. IndexIQ Advisors LLC purchased a new stake in LivaNova during the 1st quarter valued at approximately $29,000. Captrust Financial Advisors grew its holdings in LivaNova by 1,066.3% during the 1st quarter. Captrust Financial Advisors now owns 1,108 shares of the company’s stock valued at $82,000 after buying an additional 1,013 shares in the last quarter. O Shaughnessy Asset Management LLC purchased a new stake in LivaNova during the 1st quarter valued at approximately $163,000. Finally, Pinnacle Associates Ltd. purchased a new stake in LivaNova during the 2nd quarter valued at approximately $210,000. 94.97% of the stock is owned by institutional investors and hedge funds.
In other news, Director Daniel Jeffrey Moore sold 1,000 shares of LivaNova stock in a transaction on Wednesday, September 1st. The stock was sold at an average price of $82.40, for a total transaction of $82,400.00. Following the completion of the sale, the director now directly owns 31,630 shares in the company, valued at $2,606,312. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.37% of the stock is currently owned by company insiders.
Shares of LIVN opened at $80.89 on Tuesday. The company has a market cap of $3.97 billion, a PE ratio of -10.38 and a beta of 0.90. The business has a fifty day moving average of $82.37 and a 200 day moving average of $81.50. LivaNova PLC has a 52-week low of $41.07 and a 52-week high of $90.25. The company has a quick ratio of 0.97, a current ratio of 1.15 and a debt-to-equity ratio of 0.41.
LivaNova (NASDAQ:LIVN) last issued its quarterly earnings results on Wednesday, July 28th. The company reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.19. The company had revenue of $264.50 million during the quarter, compared to the consensus estimate of $241.73 million. LivaNova had a positive return on equity of 8.44% and a negative net margin of 37.15%. As a group, research analysts anticipate that LivaNova PLC will post 1.57 earnings per share for the current fiscal year.
LivaNova Company Profile
LivaNova Plc is a global medical technology company, which engages in the development and delivery of therapeutic solutions for the benefit of patients, healthcare professionals, and healthcare systems. It operates through the Cardiovascular and Neuromodulation segments. The Cardiovascular segment develops, produces, and sells cardiopulmonary products, heart valves, and circulatory support products.
Featured Story: Debt-To-Equity Ratio
Want to see what other hedge funds are holding LIVN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for LivaNova PLC (NASDAQ:LIVN).
Receive News & Ratings for LivaNova Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LivaNova and related companies with MarketBeat.com's FREE daily email newsletter.