1,600 Shares in Masimo Co. (NASDAQ:MASI) Purchased by Round Table Services LLC

Round Table Services LLC bought a new position in shares of Masimo Co. (NASDAQ:MASI) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,600 shares of the medical equipment provider’s stock, valued at approximately $221,000.

Several other institutional investors have also recently bought and sold shares of MASI. Vanguard Group Inc. increased its position in shares of Masimo by 2.7% during the third quarter. Vanguard Group Inc. now owns 4,147,708 shares of the medical equipment provider’s stock valued at $516,556,000 after acquiring an additional 109,065 shares in the last quarter. Vanguard Group Inc increased its position in shares of Masimo by 2.7% during the third quarter. Vanguard Group Inc now owns 4,147,708 shares of the medical equipment provider’s stock valued at $516,556,000 after acquiring an additional 109,065 shares in the last quarter. FMR LLC boosted its holdings in Masimo by 17.8% in the fourth quarter. FMR LLC now owns 3,889,562 shares of the medical equipment provider’s stock worth $417,622,000 after purchasing an additional 587,587 shares during the last quarter. MERIAN GLOBAL INVESTORS UK Ltd boosted its holdings in Masimo by 12.6% in the fourth quarter. MERIAN GLOBAL INVESTORS UK Ltd now owns 779,500 shares of the medical equipment provider’s stock worth $83,694,000 after purchasing an additional 87,476 shares during the last quarter. Finally, Victory Capital Management Inc. boosted its holdings in Masimo by 13.3% in the fourth quarter. Victory Capital Management Inc. now owns 726,329 shares of the medical equipment provider’s stock worth $77,986,000 after purchasing an additional 85,255 shares during the last quarter. Institutional investors own 83.36% of the company’s stock.

Several research analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of Masimo from a “sell” rating to a “hold” rating in a research note on Wednesday, January 23rd. BidaskClub cut shares of Masimo from a “strong-buy” rating to a “buy” rating in a research note on Friday, April 19th. Needham & Company LLC restated a “buy” rating and set a $155.00 target price (up previously from $148.00) on shares of Masimo in a research note on Wednesday, March 13th. Piper Jaffray Companies restated an “overweight” rating and set a $140.00 target price on shares of Masimo in a research note on Wednesday, February 27th. Finally, BTIG Research cut shares of Masimo from a “buy” rating to a “neutral” rating and set a $134.50 target price on the stock. in a research note on Tuesday, April 16th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $137.75.

Masimo stock opened at $138.49 on Friday. Masimo Co. has a twelve month low of $94.46 and a twelve month high of $141.05. The stock has a market capitalization of $7.39 billion, a PE ratio of 45.71, a price-to-earnings-growth ratio of 2.71 and a beta of 1.13.

Masimo (NASDAQ:MASI) last posted its earnings results on Tuesday, February 26th. The medical equipment provider reported $0.83 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.11. The firm had revenue of $223.10 million for the quarter, compared to the consensus estimate of $220.96 million. Masimo had a net margin of 22.55% and a return on equity of 19.53%. The business’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.72 EPS. On average, research analysts anticipate that Masimo Co. will post 3.08 earnings per share for the current year.

In related news, Director Steven Barker sold 5,877 shares of the company’s stock in a transaction dated Monday, February 25th. The shares were sold at an average price of $130.00, for a total transaction of $764,010.00. Following the transaction, the director now directly owns 70,709 shares in the company, valued at approximately $9,192,170. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jon Coleman sold 2,000 shares of the company’s stock in a transaction dated Monday, February 25th. The shares were sold at an average price of $130.00, for a total transaction of $260,000.00. Following the transaction, the insider now owns 13,201 shares in the company, valued at $1,716,130. The disclosure for this sale can be found here. Insiders have sold a total of 33,722 shares of company stock worth $4,582,310 over the last quarter. 11.50% of the stock is currently owned by insiders.

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Masimo Company Profile

Masimo Corporation, a medical technology company, develops, manufactures, and markets noninvasive monitoring technologies worldwide. The company offers Masimo Signal Extraction Technology (SET) pulse oximetry with measure-through motion and low perfusion pulse oximetry monitoring to address the primary limitations of conventional pulse oximetry.

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Institutional Ownership by Quarter for Masimo (NASDAQ:MASI)

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