Masimo Co. (MASI) EVP Sells $929,500.00 in Stock

Masimo Co. (NASDAQ:MASI) EVP Yongsam Lee sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $92.95, for a total value of $929,500.00. Following the completion of the sale, the executive vice president now owns 79,000 shares in the company, valued at $7,343,050. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Yongsam Lee also recently made the following trade(s):

  • On Friday, January 5th, Yongsam Lee sold 10,000 shares of Masimo stock. The stock was sold at an average price of $88.17, for a total value of $881,700.00.
  • On Friday, December 1st, Yongsam Lee sold 5,900 shares of Masimo stock. The stock was sold at an average price of $88.31, for a total value of $521,029.00.
  • On Monday, December 4th, Yongsam Lee sold 18,198 shares of Masimo stock. The stock was sold at an average price of $88.85, for a total value of $1,616,892.30.
  • On Thursday, November 9th, Yongsam Lee sold 13,976 shares of Masimo stock. The stock was sold at an average price of $89.43, for a total value of $1,249,873.68.

Masimo Co. (MASI) traded up $1.41 during trading hours on Friday, reaching $83.47. The company’s stock had a trading volume of 610,862 shares, compared to its average volume of 541,859. Masimo Co. has a 12-month low of $75.06 and a 12-month high of $104.71. The firm has a market cap of $4,240.13, a P/E ratio of 13.21, a price-to-earnings-growth ratio of 3.12 and a beta of 0.85.

MASI has been the topic of a number of research analyst reports. Zacks Investment Research upgraded Masimo from a “hold” rating to a “buy” rating and set a $98.00 price target on the stock in a research report on Thursday, November 2nd. Stifel Nicolaus restated a “buy” rating and set a $108.00 price target on shares of Masimo in a research report on Friday, November 3rd. Finally, BidaskClub lowered Masimo from a “hold” rating to a “sell” rating in a research report on Thursday, December 7th. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. Masimo currently has a consensus rating of “Hold” and a consensus target price of $97.17.

Large investors have recently bought and sold shares of the business. State Street Corp lifted its holdings in Masimo by 10.4% during the 2nd quarter. State Street Corp now owns 1,547,728 shares of the medical equipment provider’s stock worth $141,121,000 after buying an additional 146,212 shares in the last quarter. Koch Industries Inc. lifted its holdings in Masimo by 5,053.7% during the 2nd quarter. Koch Industries Inc. now owns 443,939 shares of the medical equipment provider’s stock worth $439,000 after buying an additional 435,325 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in Masimo by 3.6% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,113,113 shares of the medical equipment provider’s stock worth $101,494,000 after buying an additional 38,991 shares in the last quarter. Tudor Investment Corp ET AL lifted its stake in shares of Masimo by 44.6% in the 2nd quarter. Tudor Investment Corp ET AL now owns 4,771 shares of the medical equipment provider’s stock valued at $435,000 after purchasing an additional 1,471 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of Masimo by 6.4% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,074,648 shares of the medical equipment provider’s stock valued at $93,021,000 after purchasing an additional 64,882 shares during the period. 82.57% of the stock is currently owned by hedge funds and other institutional investors.

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Masimo Company Profile

Masimo Corporation is a medical technology company that develops, manufactures and markets a range of non-invasive patient monitoring technologies. The Company’s business is Measure-through Motion and Low Perfusion pulse oximetry monitoring, known as Masimo Signal Extraction Technology (SET) pulse oximetry.

Insider Buying and Selling by Quarter for Masimo (NASDAQ:MASI)

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