Vanguard Group Inc. lessened its stake in AngioDynamics, Inc. (NASDAQ:ANGO – Free Report) by 1.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,232,855 shares of the medical instruments supplier’s stock after selling 35,606 shares during the period. Vanguard Group Inc. owned approximately 0.06% of AngioDynamics worth $13,107,000 at the end of the most recent quarter.
A number of other large investors have also added to or reduced their stakes in the stock. Armistice Capital LLC purchased a new position in shares of AngioDynamics during the 4th quarter valued at $6,272,000. Fund 1 Investments LLC bought a new stake in AngioDynamics in the fourth quarter worth about $3,896,000. ADAR1 Capital Management LLC bought a new stake in AngioDynamics in the fourth quarter worth about $1,042,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of AngioDynamics by 48.7% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 201,854 shares of the medical instruments supplier’s stock worth $1,560,000 after acquiring an additional 66,117 shares during the period. Finally, Panagora Asset Management Inc. increased its position in shares of AngioDynamics by 19.8% during the fourth quarter. Panagora Asset Management Inc. now owns 218,803 shares of the medical instruments supplier’s stock worth $1,715,000 after acquiring an additional 36,150 shares during the period. Institutional investors own 89.43% of the company’s stock.
AngioDynamics Trading Up 1.2 %
Shares of NASDAQ ANGO opened at $7.53 on Wednesday. AngioDynamics, Inc. has a 12-month low of $5.26 and a 12-month high of $9.43. The stock has a market cap of $301.61 million, a PE ratio of -1.56 and a beta of 0.66. The company has a 50-day moving average of $6.56 and a 200 day moving average of $6.20.
Analyst Ratings Changes
ANGO has been the subject of several recent analyst reports. Canaccord Genuity Group lowered their target price on shares of AngioDynamics from $18.00 to $13.00 and set a “buy” rating for the company in a research note on Wednesday, July 17th. HC Wainwright restated a “buy” rating and set a $14.00 target price on shares of AngioDynamics in a research report on Wednesday, July 17th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $12.25.
Read Our Latest Analysis on AngioDynamics
About AngioDynamics
AngioDynamics, Inc provides invasive medical devices used by professional healthcare providers for vascular access, surgery, peripheral vascular disease and oncology in the United States and internationally. It offers Auryon Atherectomy system that is designed to deliver an optimized wavelength, pulse width, and amplitude to remove lesions while preserving vessel wall endothelium for treatment of peripheral arterial disease.
Featured Articles
- Five stocks we like better than AngioDynamics
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- Buy On Holdings Stock Before the Market Catches Its Second Wind?
- Stock Sentiment Analysis: How it Works
- 3 High-Potential Stocks That Could Turn Into Multi-Baggers
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- CEO Swap: Starbucks Surges 22% on Hiring New CEO From Chipotle
Want to see what other hedge funds are holding ANGO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AngioDynamics, Inc. (NASDAQ:ANGO – Free Report).
Receive News & Ratings for AngioDynamics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AngioDynamics and related companies with MarketBeat.com's FREE daily email newsletter.