Strata Critical Medical (NASDAQ:SRTA) Director Reginald Love Sells 5,091 Shares of Stock

Strata Critical Medical (NASDAQ:SRTA) Director Reginald Love sold 5,091 shares of the business’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $5.75, for a total value of $29,273.25. Following the sale, the director owned 146,481 shares in the company, valued at approximately $842,265.75. This trade represents a 3.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Strata Critical Medical Trading Down 1.0%

Shares of NASDAQ SRTA opened at $5.97 on Friday. The firm has a 50 day simple moving average of $5.44. The company has a market cap of $516.58 million, a price-to-earnings ratio of -149.25 and a beta of 2.25. Strata Critical Medical has a 1 year low of $3.85 and a 1 year high of $6.50.

Institutional Investors Weigh In On Strata Critical Medical

Institutional investors have recently made changes to their positions in the stock. Allied Private Wealth LLC bought a new position in shares of Strata Critical Medical during the second quarter worth about $31,000. Seelaus Asset Management LLC boosted its holdings in Strata Critical Medical by 32.7% in the first quarter. Seelaus Asset Management LLC now owns 24,350 shares of the company’s stock valued at $102,000 after acquiring an additional 6,000 shares during the last quarter. Granite Investment Partners LLC boosted its holdings in Strata Critical Medical by 77.0% in the first quarter. Granite Investment Partners LLC now owns 18,181 shares of the company’s stock valued at $76,000 after acquiring an additional 7,911 shares during the last quarter. Bank of America Corp DE increased its position in Strata Critical Medical by 16.2% during the 1st quarter. Bank of America Corp DE now owns 181,574 shares of the company’s stock valued at $759,000 after purchasing an additional 25,379 shares during the period. Finally, Quantinno Capital Management LP increased its position in Strata Critical Medical by 98.7% during the 1st quarter. Quantinno Capital Management LP now owns 143,239 shares of the company’s stock valued at $599,000 after purchasing an additional 71,155 shares during the period. Institutional investors own 47.36% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded shares of Strata Critical Medical from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Strata Critical Medical has a consensus rating of “Moderate Buy” and an average price target of $8.00.

Strata Critical Medical Company Profile

Blade Air Mobility, Inc provides air transportation alternatives to the congested ground routes in the United States. It provides its services through charter and by-the-seat flights using helicopters, jets, turboprops, and amphibious seaplanes. The company was founded in 2014 and is headquartered in New York, New York.