Iguana Healthcare Management LLC bought a new position in Transenterix Inc (NYSEAMERICAN:TRXC) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 125,000 shares of the medical instruments supplier’s stock, valued at approximately $241,000. Iguana Healthcare Management LLC owned about 0.06% of Transenterix at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in the company. Redmile Group LLC purchased a new position in Transenterix during the 4th quarter valued at about $9,684,000. LPL Financial LLC bought a new stake in shares of Transenterix in the 4th quarter valued at about $327,000. EAM Investors LLC acquired a new stake in Transenterix in the 4th quarter worth approximately $1,333,000. Virtu Financial LLC acquired a new stake in Transenterix in the 4th quarter worth approximately $109,000. Finally, BlackRock Inc. boosted its stake in Transenterix by 157.3% in the 4th quarter. BlackRock Inc. now owns 1,760,266 shares of the medical instruments supplier’s stock worth $3,397,000 after purchasing an additional 1,076,133 shares in the last quarter.
Several equities analysts have recently weighed in on TRXC shares. Zacks Investment Research lowered shares of Transenterix from a “hold” rating to a “sell” rating in a report on Thursday, March 8th. BTIG Research reissued a “hold” rating on shares of Transenterix in a report on Monday, December 18th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. Transenterix presently has a consensus rating of “Hold” and an average target price of $2.61.
Shares of Transenterix Inc (NYSEAMERICAN:TRXC) opened at $1.64 on Tuesday. Transenterix Inc has a one year low of $0.45 and a one year high of $5.00. The stock has a market cap of $354.65, a PE ratio of -1.84 and a beta of 2.12.
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TransEnterix, Inc is a medical device company. The Company is focused on the development and commercialization of ALF-X Surgical Robotic System (the ALF-X System), and SurgiBot System. The Company’s ALF-X System is a multi-port robotic surgery system, which allows multiple robotic arms to control instruments and a camera.
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