Shaker Investments LLC OH Purchases 20,189 Shares of Lantheus Holdings, Inc. (NASDAQ:LNTH)
From MarketBeat:
Shaker Investments LLC OH increased position in Lantheus Holdings by 268.6% in third quarter, owning 27,705 shares. Other hedge funds also bought shares, with institutional investors now owning 99.06% of the company’s stock. Insiders including President Paul Blanchfield and CEO Mary Anne Heino have also recently sold shares.
Lantheus Holdings has made headlines after President Paul Blanchfield and CEO Mary Anne Heino sold off shares in a recent transaction. The trades were disclosed in a document filed with the SEC. In total, insiders have sold 13,621 shares of company stock in the last 90 days, accounting for around 1.50% of the company’s overall stock.
Several equities analysts have issued reports on Lantheus stock. While two analysts have rated the stock as a hold, six have rated it as a buy. According to MarketBeat.com, Lantheus currently has a consensus rating of “Moderate Buy” and a consensus target price of $110.71.
Shares of Lantheus Holdings, Inc. have reached $62.79 and traded in high volumes on Wednesday. The company has a one year low of $47.46 and a one year high of $100.85, and a market capitalization of $4.30 billion. Analysts expect that Lantheus Holdings, Inc. will post 5.31 EPS for the current fiscal year.
Lantheus Holdings, Inc develops, manufactures, and commercializes diagnostic and therapeutic products for heart, cancer, and other diseases worldwide. The company’s products are used in diagnostic imaging and nuclear medicine. The firm has received a “Moderate Buy” rating from analysts and a consensus target price of $110.71.
Read more: Shaker Investments LLC OH Purchases 20,189 Shares of Lantheus Holdings, Inc. (NASDAQ:LNTH)