Endologix, Inc. (NASDAQ:ELGX) Director Thomas F. Zenty III acquired 3,025 shares of the firm’s stock in a transaction that occurred on Wednesday, April 3rd. The shares were bought at an average price of $6.61 per share, with a total value of $19,995.25. Following the completion of the purchase, the director now directly owns 22,053 shares in the company, valued at $145,770.33. The acquisition was disclosed in a document filed with the SEC, which is available through this link.
Shares of NASDAQ:ELGX opened at $6.01 on Friday. Endologix, Inc. has a 1 year low of $5.20 and a 1 year high of $67.20. The stock has a market cap of $62.19 million, a P/E ratio of -0.83 and a beta of 0.58. The company has a current ratio of 2.03, a quick ratio of 1.25 and a debt-to-equity ratio of 5.00.
Endologix (NASDAQ:ELGX) last announced its quarterly earnings data on Monday, February 25th. The medical instruments supplier reported ($2.10) earnings per share for the quarter, beating analysts’ consensus estimates of ($21.00) by $18.90. The business had revenue of $34.69 million for the quarter, compared to analyst estimates of $34.00 million. Endologix had a negative return on equity of 138.32% and a negative net margin of 50.94%. Research analysts expect that Endologix, Inc. will post -4.76 EPS for the current fiscal year.
Hedge funds have recently made changes to their positions in the company. Renaissance Technologies LLC acquired a new position in shares of Endologix in the third quarter valued at about $165,000. Jane Street Group LLC acquired a new position in shares of Endologix in the third quarter valued at about $116,000. Assenagon Asset Management S.A. acquired a new position in shares of Endologix in the fourth quarter valued at about $55,000. Paloma Partners Management Co acquired a new position in shares of Endologix in the third quarter valued at about $184,000. Finally, Two Sigma Investments LP increased its holdings in shares of Endologix by 49.0% in the fourth quarter. Two Sigma Investments LP now owns 804,212 shares of the medical instruments supplier’s stock valued at $576,000 after purchasing an additional 264,453 shares during the period.
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Endologix Company Profile
Endologix, Inc develops, manufactures, markets, and sells medical devices for the treatment of abdominal aortic aneurysms in the United States and internationally. The company offers minimally-invasive endovascular aneurysm repair (EVAR), including AFX (Anatomical Fixation) endovascular AAA system, which is a minimally invasive delivery system; VELA Proximal Endograft, which is designed for the treatment of proximal aortic neck anatomies with AFX; and the Ovation abdominal stent graft system.
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