Martingale Asset Management L P boosted its stake in Iradimed Corporation (NASDAQ:IRMD – Free Report) by 15.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,529 shares of the medical equipment provider’s stock after purchasing an additional 1,671 shares during the period. Martingale Asset Management L P owned about 0.10% of Iradimed worth $630,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Shaker Investments LLC OH increased its stake in shares of Iradimed by 1.7% in the second quarter. Shaker Investments LLC OH now owns 20,605 shares of the medical equipment provider’s stock worth $905,000 after buying an additional 347 shares during the period. ClariVest Asset Management LLC increased its position in shares of Iradimed by 2.9% in the second quarter. ClariVest Asset Management LLC now owns 17,666 shares of the medical equipment provider’s stock valued at $776,000 after acquiring an additional 494 shares during the period. Huntington National Bank raised its stake in shares of Iradimed by 51.3% during the third quarter. Huntington National Bank now owns 1,487 shares of the medical equipment provider’s stock valued at $75,000 after acquiring an additional 504 shares during the last quarter. Cim LLC raised its stake in shares of Iradimed by 5.9% during the second quarter. Cim LLC now owns 10,089 shares of the medical equipment provider’s stock valued at $464,000 after acquiring an additional 561 shares during the last quarter. Finally, Kings Path Partners LLC boosted its holdings in shares of Iradimed by 2.3% during the third quarter. Kings Path Partners LLC now owns 24,570 shares of the medical equipment provider’s stock worth $1,236,000 after purchasing an additional 562 shares during the period. Institutional investors own 92.34% of the company’s stock.
Iradimed Price Performance
Shares of NASDAQ:IRMD opened at $53.84 on Tuesday. The stock’s 50-day moving average is $51.69 and its 200 day moving average is $47.27. The company has a market cap of $682.09 million, a PE ratio of 36.87 and a beta of 0.79. Iradimed Corporation has a 1 year low of $40.18 and a 1 year high of $57.95.
Iradimed Announces Dividend
Insider Activity at Iradimed
In other news, CFO John Glenn sold 2,500 shares of Iradimed stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $54.18, for a total transaction of $135,450.00. Following the sale, the chief financial officer now owns 4,383 shares of the company’s stock, valued at approximately $237,470.94. The trade was a 36.32 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 37.10% of the stock is owned by corporate insiders.
Iradimed Profile
IRADIMED CORPORATION develops, manufactures, markets, and distributes magnetic resonance imaging (MRI) compatible medical devices and related accessories, and disposables and services in the United States and internationally. It offers MRidium MRI compatible intravenous (IV) infusion pump system with associated disposable IV tubing sets; MRI compatible patient vital signs monitoring system; and 3600 FMD1 with RALU ferromagnetic detection device.
Read More
- Five stocks we like better than Iradimed
- CD Calculator: Certificate of Deposit Calculator
- How to Master Trading Discipline: Overcome Emotional Challenges
- What Are Dividend Challengers?
- Trump Tax Reforms: 7 Stocks That Could Benefit in 2025
- How Can Investors Benefit From After-Hours Trading
- 3 Stocks Near 52-Week Lows: Why They Could Be Smart Buys Today
Receive News & Ratings for Iradimed Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iradimed and related companies with MarketBeat.com's FREE daily email newsletter.